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Dec 04, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-04-14
Edible oil: government urged to cut import bill

Edible oil: government urged to cut import bill

Chairman of Federation of Pakistan Chambers of Commerce and Industry's (FPCCI) Standing Committee on Agriculture Produce, Ahmad Jawad, has suggested that the price of sunflower and other oilseed crops should be fixed at optimum level for at least three ye
Published 14 Apr, 2015 12:00am
Japan hands over medical equipment to Fatimid Foundation

Japan hands over medical equipment to Fatimid Foundation

A handing over ceremony for the Project for Provision of Medical Equipment for Blood-related Diseases to Fatimid Foundation was held at Fatimid Foundation in Karachi, with the presence of Akira Ouchi, Consul General of Japan in Karachi and Lt General Moin
Published 14 Apr, 2015 12:00am
Mars rover data boosts hope for liquid water on Mars

Mars rover data boosts hope for liquid water on Mars

Research from NASA's Mars rover Curiosity has strengthened hopes that liquid water may exist near the surface of Mars, astrophysicists said on Monday. The clue comes from the presence in the soil of calcium perchlorate, they said. This is a type of salt t
Published 14 Apr, 2015 12:00am
Blast, fierce clashes rock Syrian regime base in Aleppo

Blast, fierce clashes rock Syrian regime base in Aleppo

Al Qaeda's Syrian affiliate launched a fierce offensive Monday on an intelligence base held by regime forces in Aleppo, setting off a powerful explosion and clashing with troops, a monitor said. The Syrian Observatory for Human Rights said a "huge blast"
Published 14 Apr, 2015 12:00am
Almost 180 migrants rescued off Tunisia

Almost 180 migrants rescued off Tunisia

Tunisia's coastguard and navy Monday rescued almost 180 African migrants from two boats which broke down as they headed from Libya to Italy, the Red Crescent and an AFP correspondent said. The Red Crescent said the migrants - 94 on one boat and 84 on the
Published 14 Apr, 2015 12:00am
Seven French have staged suicide attacks in Syria, Iraq: Prime Minister

Seven French have staged suicide attacks in Syria, Iraq: Prime Minister

France's prime minister revealed Monday that seven French nationals or residents, including six converts to Islam, had committed suicide attacks in Syria and Iraq. Speaking in parliament as he defended controversial draft spy laws, Manuel Valls said that
Published 14 Apr, 2015 12:00am
EU urges more Mediterranean cooperation to tackle terrorism

EU urges more Mediterranean cooperation to tackle terrorism

EU foreign policy chief Federica Mogherini called Monday for stepped up cooperation and dialogue between Europe and its Mediterranean neighbours in North Africa and the Middle East to fight terrorism. Mogherini made the appeal at a meeting of foreign mini
Published 14 Apr, 2015 12:00am
Italy hopes tourists take the slow train

Italy hopes tourists take the slow train

Italy's railway has renovated four lines that had fallen into disrepair, hoping rides along picturesque routes in vintage 1920s steam trains will attract tourists. Officials said the objective is the development of a form of "slow tourism", inspired by th
Published 14 Apr, 2015 12:00am
Rare Turing notebook sells for $1 million in New York

Rare Turing notebook sells for $1 million in New York

A long-lost notebook owned by British mathematician and World War II code breaker Alan Turing sold at auction in New York on Monday for $1 million, Bonhams auction house said. The sale of the recently discovered notebook comes at a time of enormous intere
Published 14 Apr, 2015 12:00am
Istanbul film festival scraps competitions in censorship row

Istanbul film festival scraps competitions in censorship row

The annual Istanbul Film Festival on Monday announced that it had scrapped all its competitions this year due to a bitter row over a film about Kurdish rebels pulled from the event following intervention by Turkish authorities. Dozens of Turkish filmmaker
Published 14 Apr, 2015 12:00am
Buhari party wins majority of Nigeria states in regional vote

Buhari party wins majority of Nigeria states in regional vote

The party of Nigeria's president-elect Muhammadu Buhari has won governorship elections in a majority of the country's 36 states, building its strength nationwide after a historic presidential win, official results on Monday showed. The All Progressives Co
Published 14 Apr, 2015 12:00am
Venezuela bonds rise after new forex restrictions

Venezuela bonds rise after new forex restrictions

Venezuela's global bonds jumped on Monday after the government passed a measure that restricts supply of hard currency for foreign travel, potentially improving the OPEC nation's capacity to pay debt amid concerns about a potential default. A resolution p
Published 14 Apr, 2015 12:00am
Venezuela bonds rise after new forex restrictions

Venezuela bonds rise after new forex restrictions

Venezuela's global bonds jumped on Monday after the government passed a measure that restricts supply of hard currency for foreign travel, potentially improving the OPEC nation's capacity to pay debt amid concerns about a potential default. A resolution p
Published 14 Apr, 2015 12:00am
Fed's Williams sees less risk of rate retreat after lift-off

Fed's Williams sees less risk of rate retreat after lift-off

As the US job market improves, the risk is receding that an unexpected setback could derail the recovery once the Federal Reserve raises interest rates, San Francisco Fed President John Williams told Reuters.
Published 14 Apr, 2015 12:00am
Canada's Ontario province puts a price on carbon

Canada's Ontario province puts a price on carbon

Canada's most populous province and economic engine will introduce a carbon cap and trade scheme to curb greenhouse gas emissions, Ontario premier Kathleen Wynne said Monday. The system would cap the amount of carbon dioxide gas emitted by each industry,
Published 14 Apr, 2015 12:00am
China to reform policy banks

China to reform policy banks

The Chinese government is restructuring the country's three major policy banks in a bid to better finance projects during the current economic slowdown, the country's cabinet said. The State Council said on Sunday it had approved the central bank's reform
Published 14 Apr, 2015 12:00am
Taiwan rejected as founding member of AIIB: Beijing

Taiwan rejected as founding member of AIIB: Beijing

Taiwan's bid to become a founding member of China's new regional development bank has been rejected, Beijing said Monday, dashing the island's hopes of having a platform in the institution from the start. Ma Xiaoguang, spokesman for the Beijing-based Stat
Published 14 Apr, 2015 12:00am
Greece and eurozone have 'lots of ground to cover': Brussels

Greece and eurozone have 'lots of ground to cover': Brussels

Brussels said Monday Greece and its eurozone partners were accelerating their talks but had "lots of ground to cover" before April 20 when Athens must release a list of reforms aimed at unlocking key aid funds.
Published 14 Apr, 2015 12:00am
Pair of Japanese mangoes? Sold to the man with $2,500

Pair of Japanese mangoes? Sold to the man with $2,500

A deep pocketed Japanese department store shelled out an eye-watering 300,000 yen ($2,500) Monday for a pair of mangoes, a record price for the second year in a row. After the hammer fell at an auction in far-southern Miyazaki, the successful bidder airli
Published 14 Apr, 2015 12:00am
Zimbabwe suspends bonuses for civil servants

Zimbabwe suspends bonuses for civil servants

The Zimbabwean government said Monday it has suspended payment of annual bonuses to public workers for two years as it seeks to slash spending while battling to mend the moribund economy. "Government has decided to suspend bonus payments to the civil serv
Published 14 Apr, 2015 12:00am
India's consumer inflation dips in March

India's consumer inflation dips in March

India's consumer inflation fell slightly in March, the government said Monday, raising the prospect of a further cut in interest rates. Retail inflation declined to a lower than expected 5.17 percent in March from 5.37 percent in February, when unseasonal
Published 14 Apr, 2015 12:00am
Japan's machinery orders fall, uncertain outlook keeps BoJ on edge

Japan's machinery orders fall, uncertain outlook keeps BoJ on edge

Japan's core machinery orders fell for a second straight month in February in a sign that business investment remains soft, and analysts say the smaller-than-expected decline won't necessarily allow policymakers to relax given an uncertain economic outloo
Published 14 Apr, 2015 12:00am
Apple expected to quickly ramp up smartwatch production

Apple expected to quickly ramp up smartwatch production

Apple Inc is likely to quickly ramp up production of the Apple Watch after strong pre-orders outstripped limited supply, analysts said on Monday. Apple's website lists shipping times in June for some models, and four to six weeks for others, suggesting th
Published 14 Apr, 2015 12:00am
Morocco reduces euro's weighting in its currency basket

Morocco reduces euro's weighting in its currency basket

Morocco's central bank has reduced the euro's weighting in the currency basket used to set the dirham's exchange rate, to reflect a fall in trade with the euro zone, it said on Monday. It is the first time in a decade that the bank has changed the basket'
Published 14 Apr, 2015 12:00am
Saudi Arabia's bourse climbs, falling rig demand hurts Qatar

Saudi Arabia's bourse climbs, falling rig demand hurts Qatar

Gulf stock markets were mixed on Monday as stronger oil supported Saudi Arabia but news of falling demand for drilling rigs dragged down Qatar. Both Brent crude and US oil gained about $1 per barrel as news of a slowdown in US drilling continued to buoy p
Published 14 Apr, 2015 12:00am
Hong Kong stocks hit fresh seven-year highs

Hong Kong stocks hit fresh seven-year highs

Hong Kong's bull kept raging on Monday, with the benchmark Hang Seng Index jumping nearly 3 percent to fresh seven-year highs on expectations more money will pour in to hunt for bargains. Brokerage BOC International forecast that about 100 billion yuan ($
Published 14 Apr, 2015 12:00am
China stocks rise again

China stocks rise again

Chinese stocks jumped to fresh seven-year highs on Monday, after surprisingly bad export data reinforced expectations the government will unveil fresh stimulus moves to aid the economy. Data released on Monday showed China's exports contracted 15 percent
Published 14 Apr, 2015 12:00am
Monday's midday trade: Nasdaq near all-time high on lift from tech

Monday's midday trade: Nasdaq near all-time high on lift from tech

US stocks rose on Monday boosted by technology shares, with Facebook and Apple lifting the Nasdaq Composite to near its record high. Apple shares rose after reports the Apple Watch received about a million orders in its debut. Facebook gained 2 percent in
Published 14 Apr, 2015 12:00am
South Africa's Naspers at new peak

South Africa's Naspers at new peak

South African stocks rose for the fifth straight session on Monday, lifted by Naspers Ltd whose shares surged to a record high as well as a jump in Sasol's shares after the global oil price recovered. Naspers, Africa's largest company by market value, jum
Published 14 Apr, 2015 12:00am
SE Asian markets mixed

SE Asian markets mixed

The Philippine main index posted its biggest single-day percentage drop in nearly a month on Monday as investors cashed in on the recent rise, while Indonesian stocks dropped a day ahead of the country's central bank policy review meeting.
Published 14 Apr, 2015 12:00am
Tokyo shares flat

Tokyo shares flat

Tokyo stocks ended flat, shaving off just 0.01 percent Monday as investors locked in profits after a recent string of gains pushed the market to 15-year highs. The Nikkei 225 index at the Tokyo Stock Exchange, which closed slightly down on Friday after hi
Published 14 Apr, 2015 12:00am
Indian shares at six-week high; L&T surges

Indian shares at six-week high; L&T surges

Indian shares closed at their highest level in six weeks on Monday led by blue chips such as Larsen and Toubro, which gained after the company signed an agreement with France's Areva for nuclear power projects, while firm cues across the region also helpe
Published 14 Apr, 2015 12:00am
European equity rally stutters after poor Chinese data

European equity rally stutters after poor Chinese data

European shares stalled on Monday after a recent rally as poor Chinese trade figures knocked mining shares, although mergers and acquisition activity helped keep pan-European indexes afloat. Nokia rose 2.5 percent as brokers talked up a possible sale of i
Published 14 Apr, 2015 12:00am
Taiwan stocks rise

Taiwan stocks rise

Taiwan stocks rose 0.12 percent on Monday, led by plastics and transportation shares amid mixed performance in other regional bourses. The main TAIEX index was up 11.67 points at 9,629.37 as of 0218 GMT, after closing up 0.52 percent on Friday.
Published 14 Apr, 2015 12:00am
Australian shares fall

Australian shares fall

Australian shares gave up early gains to finish slightly lower on Monday after weak trade data from China deepened concerns about sputtering economic growth in Australia's No. 1 trading partner. China's export sales contracted 15 percent in March while im
Published 14 Apr, 2015 12:00am
FTSE slips off record highs as weak China data hit miners

FTSE slips off record highs as weak China data hit miners

Britain's top equity index slipped from record highs on Monday as surprisingly weak data from China weighed on mining stocks, with investors also growing cautious before next month's UK election. The blue chip FTSE 100 index, which touched a record high o
Published 14 Apr, 2015 12:00am
CLF conducting story-telling event today

CLF conducting story-telling event today

Children's Literature Festival (CLF) is conducting a story-telling event in collaboration with the Government of Punjab for public schools' children on Tuesday (today). Provincial Minister for Education Rana Mashood will also attend the event and will con
Published 14 Apr, 2015 12:00am
Financing growth: Adnan Yousif to co-chair B20 taskforce

Financing growth: Adnan Yousif to co-chair B20 taskforce

Adnan Ahmed Yousif, President and Chief Executive of Al Baraka Banking Group BSC (ABG) and former President of the Union of Arab Banks, was invited to co-chair Financing Growth Taskforce of Business 20 (B20) headed by Turkey at the present time.
Published 14 Apr, 2015 12:00am
Rally held to oppose giving schools to NGOs

Rally held to oppose giving schools to NGOs

A protest rally was taken out from Old Campus of Sindh University to Hyderabad Press Club (HPC) against handing over of government-run schools to NGOs in Sindh. The rally was taken out by teachers of Education department and members of civil society on Mo
Published 14 Apr, 2015 12:00am
Witnesses identify Ubaid K2, Nadir Shah

Witnesses identify Ubaid K2, Nadir Shah

As many as two witnesses on Monday identified Ubaid K2 and Nadir Shah in murder case of two police officials. The Sindh Police and the Rangers produced the suspects, arrested from Muttahida Qaumi Movement (MQM) headquarters Nine-Zero, before the Judicial
Published 14 Apr, 2015 12:00am
Two kidnapped persons recovered from Dera Murad Jamali

Two kidnapped persons recovered from Dera Murad Jamali

Officers of the Citizens Police Liaison Committee (CPLC) and the Sukkur police conducted a joint operation and claimed to have recovered two kidnapped persons, including a Regional Operational Manager of a private bank from Dera Murad Jamali. According to
Published 14 Apr, 2015 12:00am
NTDCL installs three shunt reactors at Dadu

NTDCL installs three shunt reactors at Dadu

Engineers of National Transmission and Despatch Company Limited (NTDCL) on Monday has replaced and energised (3x37MVAR) single phase shunt reactors at 500kV grid station Dadu, to control the high voltage and prevent system from breakdowns, tripping and to
Published 14 Apr, 2015 12:00am
World must do more to free Nigerian schoolgirl hostages: Malala

World must do more to free Nigerian schoolgirl hostages: Malala

Nobel peace laureate Malala Yousafzai on Monday criticised Nigerian and world leaders for not doing enough to help free 219 schoolgirls kidnapped a year ago by Boko Haram militants. "In my opinion, Nigerian leaders and the international community have not
Published 14 Apr, 2015 12:00am
Recording of Saulat Mirza's statement delayed

Recording of Saulat Mirza's statement delayed

The joint investigation team could not leave for Machh jail to record death row convict Saulat Mirza's statement on Monday. According to sources, the Sindh Home Department has sent a letter to the Law Department to grant legal status to investigation team
Published 14 Apr, 2015 12:00am
Dutiable imports Withdrawal of SROs ups share

Dutiable imports Withdrawal of SROs ups share

The Federal Board of Revenue (FBR) has said that the withdrawal of concessionary/exemptions statutory regulatory orders (SROs) and abolition of zero percent slabs in budget (2014-15) has increased the share of dutiable imports to a great extent.
Published 14 Apr, 2015 12:00am
HCCI concerned over unscheduled loadshedding

HCCI concerned over unscheduled loadshedding

Hyderabad Chamber of Commerce and Industry (HCCI) has expressed serious concerns over long-hours unscheduled loadshedding in Hyderabad where life of common man and business activities are affected severely. Chairman HESCO Sub-Committee HCCI, Abdul Sattar
Published 14 Apr, 2015 12:00am
French ambassador visits Sanofi Pakistan

French ambassador visits Sanofi Pakistan

The newly-appointed Ambassador of France to Pakistan, Martine Dorance, visited the Karachi Head Office of Sanofi Pakistan. She was accompanied by Francois Dall'Orso (French Consul General) and Eric Noitakis (Head of the Economic Department at the Embassy
Published 14 Apr, 2015 12:00am
PTI to take up case of 'massive riggings' in Karachi: Tareen

PTI to take up case of 'massive riggings' in Karachi: Tareen

Pakistan Tehreek-e-Insaf (PTI) Secretary General Jehangir Tareen on Monday said that his party would also take up the alleged rigging by Muttahida Qaumi Movement (MQM) in 2013 general elections in the judicial commission (JC). Talking to reporters after a
Published 14 Apr, 2015 12:00am
PN ship to evacuate 12 more stranded people

PN ship to evacuate 12 more stranded people

After the successful evacuation of 51 stranded Pakistani and foreign nationals from Yemen and their safe disembarkation at Djibouti, Pakistan Navy's ship Shamsheer has again arrived the Hodeidah Port, Yemen, on Monday for evacuating 08 more stranded Pakis
Published 14 Apr, 2015 12:00am
ICMA pre-budget seminar on April 15

ICMA pre-budget seminar on April 15

The ICMA Pakistan is organizing a Pre-Budget Seminar on Wednesday at Faisalabad. Realizing the business potential of Faisalabad and to encourage business activities, this is for the first time that ICMA Pakistan is organizing such a national level seminar
Published 14 Apr, 2015 12:00am
NA-246: PTI, JI in intense negotiations to win each other's support

NA-246: PTI, JI in intense negotiations to win each other's support

The coalition partners in Khyber Pakhtunkhwa - Pakistan Tehreek-e-Insaf (PTI) and Jamaat-e-Islami (JI) - are in intense negotiations to seek each other's support for their respective candidate in by-election NA-246, Karachi against Muttahida Qaumi Movemen
Published 14 Apr, 2015 12:00am
Governor SBP visits digital branch of Standard Chartered Bank

Governor SBP visits digital branch of Standard Chartered Bank

Governor State Bank of Pakistan Ashraf Mahmood Wathra visited the first Standard Chartered Bank Pakistan digital branch at Dolmen Mall, Karachi. While congratulating the bank for taking this innovative initiative, the Governor said that Standard Chartered
Published 14 Apr, 2015 12:00am
Four FMFB clients win Micro-Entrepreneurship Awards

Four FMFB clients win Micro-Entrepreneurship Awards

Four clients of The First MicroFinanceBank Pakistan (an institution of the Aga Khan Agency for Microfinance) received awards for their entrepreneurial skills at the 9th Citi-PPAF Micro-entrepreneurship Awards held recently. Federal Minister for Planning a
Published 14 Apr, 2015 12:00am
KP arrests over 20,141 suspects under NAP

KP arrests over 20,141 suspects under NAP

Taking lead over other provinces, the law enforcement agencies in Khyber-Pakhtunkhwa (KP) have arrested more than 20,141 suspects during various intelligence based operations launched since the approval of the National Action Plan (NAP) against terrorism,
Published 14 Apr, 2015 12:00am
FBR, KPRA to sign MoU on cross-adjustment of ST

FBR, KPRA to sign MoU on cross-adjustment of ST

The Federal Board of Revenue (FBR) and Khyber Pakhtunkhawa Revenue Authority (KPRA) will sign a Memorandum of Understandings (MoU) on the cross-adjustment of sales tax being levied on goods and services by both the federal and provincial government. Sourc
Published 14 Apr, 2015 12:00am
Doctor shot dead in Bolan

Doctor shot dead in Bolan

Unknown armed men gunned down a local doctor here on Monday and fled the scene. Police said that armed men who came on motorcycle sprayed bullets on a clinic situated in Bhag area of district Bolan in Balochistan. As a result of firing, doctor running the
Published 14 Apr, 2015 12:00am
Tahir Plaza inferno case: rangers nab three key suspects

Tahir Plaza inferno case: rangers nab three key suspects

Rangers on Monday arrested three key accused in Tahir plaza inferno case that claimed the lives of six persons in 2008. According to the Rangers spokesman, the key suspects were Muhammad Ali alias Darinda, Naeem and Shams.
Published 14 Apr, 2015 12:00am
Former ABAD chief arrested

Former ABAD chief arrested

Law-enforcement agency on Monday disclosed that a former chairman of Association of Builders and Developers of Pakistan (ABAD), Babar Chughtai, has been arrested because of his alleged involvement in criminal activities. According to details, Babar Chught
Published 14 Apr, 2015 12:00am
Aussie and New Zealand $ hit by poor China data

Aussie and New Zealand $ hit by poor China data

The Australian and New Zealand dollars skidded on Monday as worries about growth in key export market China added to speculation about the Reserve Bank of Australia (RBA) cutting rates soon. The Aussie dropped around 1 percent against the US dollar, euro
Published 14 Apr, 2015 12:00am
Aussie dollar, sterling tumble in Asia

Aussie dollar, sterling tumble in Asia

The Australian dollar tumbled on Monday after a shock contraction in China's exports added to worries about slowing growth in the world's second-largest economy, while sterling extended its losses to fresh five-year lows.
Published 14 Apr, 2015 12:00am
Early trade in New York: dollar rises against euro

Early trade in New York: dollar rises against euro

The US dollar rose against the euro on Monday in a continuation of last week's bets that the US Federal Reserve will hike interest rates in the coming months, while the yen edged higher on uncertainty surrounding the Bank of Japan's easing policies.
Published 14 Apr, 2015 12:00am
Euro tumbles towards $1.05 in Europe

Euro tumbles towards $1.05 in Europe

The euro tumbled back towards $1.05 on Monday, hitting its weakest in four weeks as the dollar's resurgence continued on bets the US Federal Reserve will raise interest rates from their historic lows in the coming months. The biggest mover among major cur
Published 14 Apr, 2015 12:00am
South Africa's rand at two-week low

South Africa's rand at two-week low

South Africa's rand fell to a two-week low against the dollar on Monday as the greenback firmed on expectations of higher interest rates, while weak Chinese trade data weighed on commodity currencies.
Published 14 Apr, 2015 12:00am
Dismal China data hurts Asia FX

Dismal China data hurts Asia FX

Most emerging Asian currencies fell on Monday as disappointing Chinese trade data heightened concerns over a slowdown in the world's second-largest economy. The Singapore dollar, however, barely moved as traders remained wary a day before the central bank
Published 14 Apr, 2015 12:00am
Yuan eases to more than two-week low

Yuan eases to more than two-week low

China's yuan eased to more than two-week low against the dollar on Monday after the central bank set a lower daily trading range midpoint and China posted weaker-than-expected March trade data. China's March exports badly missed expectations, falling 15 p
Published 14 Apr, 2015 12:00am
Sterling lifted by poll showing Conservatives six points ahead

Sterling lifted by poll showing Conservatives six points ahead

Sterling drew support from an opinion poll on Monday that showed the ruling Conservative Party pulling ahead of the opposition Labour Party just three weeks before Britain's May 7 general election. Sterling fell to five-year lows of $1.4567 against the do
Published 14 Apr, 2015 12:00am
Suspect sought after North Carolina college shooting

Suspect sought after North Carolina college shooting

One person was shot and reportedly killed Monday on a community college campus in the southern US state of North Carolina, and the suspected gunman was still on the run, officials said.
Published 14 Apr, 2015 12:00am
Uruguayan leftist writer Eduardo Galeano dies

Uruguayan leftist writer Eduardo Galeano dies

Uruguayan writer Eduardo Galeano, an icon of the Latin American left who chronicled the region's injustices in a career that spanned decades and crossed genres, died Monday at age 74. Galeano, whose 1971 essay "Open Veins of Latin America" is considered b
Published 14 Apr, 2015 12:00am
France's Le Pen pulls out of poll after family feud

France's Le Pen pulls out of poll after family feud

Jean-Marie Le Pen, founder of France's National Front (FN), pulled out of regional elections Monday and anointed his granddaughter in his place, after a fierce public spat with his daughter who now leads the far-right party.
Published 14 Apr, 2015 12:00am
Man arrested after murder of Assad critic in London

Man arrested after murder of Assad critic in London

A man has been arrested in connection with the murder in London of an imam who was a critic of Syrian President Bashar al-Assad, police said Monday. Abdul Hadi Arwani, 48, was found in his car with gunshot wounds to the chest in Wembley, northwest London,
Published 14 Apr, 2015 12:00am
UNESCO condemns 'mad' destruction of Iraq's Nimrud

UNESCO condemns 'mad' destruction of Iraq's Nimrud

The UN's cultural agency issued a fresh condemnation Monday of jihadists' destruction of Iraq's Nimrud, once the jewel of Assyria and home to a treasure considered one of the 20th century's main archaeological finds. "I condemn this mad, destructive act t
Published 14 Apr, 2015 12:00am
'Dwarf planet' Ceres spawns giant mystery

'Dwarf planet' Ceres spawns giant mystery

First classified a planet, then an asteroid and then a "dwarf planet" with some traits of a moon - the more scientists learn about Ceres, the weirder it becomes. And new observations of the sphere of rock and ice circling our Sun between Mars and Jupiter
Published 14 Apr, 2015 12:00am
Tehran wants 'nuclear-free world': Iranian Foreign Minister

Tehran wants 'nuclear-free world': Iranian Foreign Minister

Iranian Foreign Minister Mohammad Javad Zarif on Monday insisted his country wants a "nuclear-free world," days after Tehran's leadership cast doubt on an outline deal to curb its nuclear programme. Zarif made the comment during a visit to ex-Soviet Kazak
Published 14 Apr, 2015 12:00am
Chinese hackers targeted SE Asia, India for last decade

Chinese hackers targeted SE Asia, India for last decade

A cyber espionage group most likely sponsored by China has been snooping on governments and businesses in Southeast Asia and India undetected for the last 10 years, Internet security company FireEye said Monday.
Published 14 Apr, 2015 12:00am
Maoist rebels kill four policemen in India

Maoist rebels kill four policemen in India

Maoist rebels triggered a powerful landmine blast in India's restive Chhattisgarh state on Monday, killing four policemen in the third attack in the region in as many days. Eight other policemen were wounded in the blast, which was carried out in remote D
Published 14 Apr, 2015 12:00am
Jordan sentences six for waving IS flags at wedding

Jordan sentences six for waving IS flags at wedding

  • A court in Jordan on Monday ordered six men jailed for waving the Islamic State group's flag and singing jihadist slogans at a wedding. The state security court sentenced two defendants to five years in prison for "carrying out acts that expose the king
Published 14 Apr, 2015 12:00am
Republican Senator Rubio running for president: US media

Republican Senator Rubio running for president: US media

Senator Marco Rubio announced to donors Monday that he is launching a US presidential campaign, becoming the latest - and youngest - Republican in the race to succeed Barack Obama in the White House. US media reported that Rubio told major donors on a con
Published 14 Apr, 2015 12:00am
PTI opposes Orange Line Metro Train project

PTI opposes Orange Line Metro Train project

Pakistan Tehreek-e-Insaf Punjab Lahore has rejected a Punjab government's decision to launch the Orange Line Metro Train project in the provincial capital, with its Punjab President Ejaz Chaudhary claiming the public was shocked at Chief Minister Shahbaz
Published 14 Apr, 2015 12:00am
PRGMEA rejects merger of textile division

PRGMEA rejects merger of textile division

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has rejected the merger of Textile Division into the Commerce Division and demanded of immediate appointment of a new textile minister.
Published 14 Apr, 2015 12:00am
MCCI President urges government to give incentives to growers

MCCI President urges government to give incentives to growers

President of Multan Chamber of Commerce & industry (MCCI), Mian Iqbal Hassan has said that business community has expressed its concern on not achieving the 3.3 percent agriculture growth rate target set for the current fiscal year and it may affect the i
Published 14 Apr, 2015 12:00am
KP government urged to expedite utilisation of budget under ADP

KP government urged to expedite utilisation of budget under ADP

The Centre for Governance and Public Accountability (CGPA) has urged the KP government to expedite utilisation of development budget allocated under Annual Development Programme (ADP) 2014-15. Out of total allocation of 139.80 billion rupees under KP ADP
Published 14 Apr, 2015 12:00am
Government servant rewrites gazetteer of Bahawalpur Division

Government servant rewrites gazetteer of Bahawalpur Division

Muhammad Tanveer Jhandir, a government servant, has revived the glorious tradition of British bureaucrats who wrote district gazetteers during their service in India from Khyber Pass to Bengal. These gazetteers written in the late 19th and mid 20th Centur
Published 14 Apr, 2015 12:00am
Government making all-out efforts to establish modern KLI&RC: Shahbaz

Government making all-out efforts to establish modern KLI&RC: Shahbaz

Chief Minister Punjab Shahbaz Sharif has announced that his government is making all-out efforts to establish a state-of-the-art Pakistan Kidney and Liver Institute and Research Centre in Lahore soon. Punjab government has already allocated a 50-acre land
Published 14 Apr, 2015 12:00am
7th APSG conference begins

7th APSG conference begins

A two-day 7th All Pakistan Secretary General's (APSG) conference has started, with the Chambers and Trade Associations secretaries general met under the auspices of CIPE and discussed various capacity and net-working related issues. The opening remarks we
Published 14 Apr, 2015 12:00am
PSM bailout package not properly used, SHC told

PSM bailout package not properly used, SHC told

The Sindh High Court was informed on Monday that a bailout package for the Pakistan Steels Mill (PSM) was not properly used, making it difficult to pay its monthly salaries to over 16000 employees. This was stated by the PSM management in its reply submit
Published 14 Apr, 2015 12:00am
PTI MNAs: Petition dismissed

PTI MNAs: Petition dismissed

The Islamabad High Court dismissed the petition filed by former Senator Zafar Ali Shah calling for the federal government to accept resignations of Pakistan Tehreek-e-Insaf members of National Assembly.
Published 14 Apr, 2015 12:00am
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