AIRLINK 150.25 Increased By ▲ 13.66 (10%)
BOP 10.12 Increased By ▲ 1.00 (10.96%)
CNERGY 7.42 Increased By ▲ 1.00 (15.58%)
CPHL 71.13 Increased By ▲ 6.47 (10.01%)
FCCL 45.71 Increased By ▲ 4.16 (10.01%)
FFL 14.34 Increased By ▲ 1.30 (9.97%)
FLYNG 37.15 Increased By ▲ 3.38 (10.01%)
HUBC 138.35 Increased By ▲ 12.58 (10%)
HUMNL 12.40 Increased By ▲ 1.00 (8.77%)
KEL 4.56 Increased By ▲ 0.55 (13.72%)
KOSM 4.99 Increased By ▲ 1.00 (25.06%)
MLCF 69.65 Increased By ▲ 6.33 (10%)
OGDC 203.01 Increased By ▲ 18.46 (10%)
PACE 5.38 Increased By ▲ 0.96 (21.72%)
PAEL 44.24 Increased By ▲ 4.02 (10%)
PIAHCLA 13.45 Increased By ▲ 1.22 (9.98%)
PIBTL 8.62 Increased By ▲ 1.00 (13.12%)
POWER 14.96 Increased By ▲ 1.09 (7.86%)
PPL 152.75 Increased By ▲ 13.89 (10%)
PRL 27.02 Increased By ▲ 2.46 (10.02%)
PTC 19.29 Increased By ▲ 1.75 (9.98%)
SEARL 75.06 Increased By ▲ 6.82 (9.99%)
SSGC 30.46 Increased By ▲ 2.77 (10%)
SYM 13.95 Increased By ▲ 1.27 (10.02%)
TELE 6.93 Increased By ▲ 0.99 (16.67%)
TPLP 8.00 Increased By ▲ 1.00 (14.29%)
TRG 61.90 Increased By ▲ 5.63 (10.01%)
WAVESAPP 8.94 Increased By ▲ 1.00 (12.59%)
WTL 1.31 Increased By ▲ 0.15 (12.93%)
YOUW 3.75 Increased By ▲ 0.54 (16.82%)
AIRLINK 150.25 Increased By ▲ 13.66 (10%)
BOP 10.12 Increased By ▲ 1.00 (10.96%)
CNERGY 7.42 Increased By ▲ 1.00 (15.58%)
CPHL 71.13 Increased By ▲ 6.47 (10.01%)
FCCL 45.71 Increased By ▲ 4.16 (10.01%)
FFL 14.34 Increased By ▲ 1.30 (9.97%)
FLYNG 37.15 Increased By ▲ 3.38 (10.01%)
HUBC 138.35 Increased By ▲ 12.58 (10%)
HUMNL 12.40 Increased By ▲ 1.00 (8.77%)
KEL 4.56 Increased By ▲ 0.55 (13.72%)
KOSM 4.99 Increased By ▲ 1.00 (25.06%)
MLCF 69.65 Increased By ▲ 6.33 (10%)
OGDC 203.01 Increased By ▲ 18.46 (10%)
PACE 5.38 Increased By ▲ 0.96 (21.72%)
PAEL 44.24 Increased By ▲ 4.02 (10%)
PIAHCLA 13.45 Increased By ▲ 1.22 (9.98%)
PIBTL 8.62 Increased By ▲ 1.00 (13.12%)
POWER 14.96 Increased By ▲ 1.09 (7.86%)
PPL 152.75 Increased By ▲ 13.89 (10%)
PRL 27.02 Increased By ▲ 2.46 (10.02%)
PTC 19.29 Increased By ▲ 1.75 (9.98%)
SEARL 75.06 Increased By ▲ 6.82 (9.99%)
SSGC 30.46 Increased By ▲ 2.77 (10%)
SYM 13.95 Increased By ▲ 1.27 (10.02%)
TELE 6.93 Increased By ▲ 0.99 (16.67%)
TPLP 8.00 Increased By ▲ 1.00 (14.29%)
TRG 61.90 Increased By ▲ 5.63 (10.01%)
WAVESAPP 8.94 Increased By ▲ 1.00 (12.59%)
WTL 1.31 Increased By ▲ 0.15 (12.93%)
YOUW 3.75 Increased By ▲ 0.54 (16.82%)
BR100 12,402 Increased By 1161.5 (10.33%)
BR30 35,560 Increased By 3425.8 (10.66%)
KSE100 117,298 Increased By 10123.1 (9.45%)
KSE30 35,839 Increased By 3190.7 (9.77%)
May 13, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-04-27
Retired employees' woes

Retired employees' woes

The government introduced new taxes for the employees of Pakistan International Airlines (PIA) and there is no discrimination between regular and retired employees. This is a sheer injustice, for retired employees cannot afford to bear the burden of these
Published 27 Apr, 2015 12:00am
Google launches its own mobile telephone service

Google launches its own mobile telephone service

Google said Wednesday it was launching its own US mobile wireless service, with considerable potential savings for customers using their devices at home and for international travel. The service called Project Fi is only available by invitation for now, a
Published 27 Apr, 2015 12:00am
Google Waze app to alert kidnappings in LA

Google Waze app to alert kidnappings in LA

Alerts about hit-and-runs and kidnappings in Los Angeles will soon pop up on traffic app Waze, along with road closure information, the West Coast city's mayor said Tuesday. The agreement is part of a data-sharing partnership between LA and the Google-own
Published 27 Apr, 2015 12:00am
Twitter unveils 'Highlights' to help users catch up

Twitter unveils 'Highlights' to help users catch up

Twitter on Thursday rolled out a new feature aimed at helping users sift through the large number of tweets on their feed each day. The new feature called "Highlights" offers a twice-daily summary "of the best tweets for you, delivered via rich push notif
Published 27 Apr, 2015 12:00am
Hackers gaining upper hand, security conference told

Hackers gaining upper hand, security conference told

Hackers and cyber-thieves are outmanoeuvring the cybersecurity industry, which is stuck in a "Dark Ages" mindset, a major security conference was told Tuesday. Opening the RSA 2015 conference in San Francisco, RSA president Amit Yoran, said the epidemic o
Published 27 Apr, 2015 12:00am
Smartphone controls go basic with simpler icons, larger script

Smartphone controls go basic with simpler icons, larger script

It's not just beginners and senior citizens who are finding themselves overwhelmed by the range of options available when modern smartphones come out of their box. A flood of features and functions is ensuring that a fair number of Android device users wi
Published 27 Apr, 2015 12:00am
Facebook shifts News Feed, gives priority to friends

Facebook shifts News Feed, gives priority to friends

Facebook said Tuesday it was reconfiguring its News Feed, in a move aimed at giving people more information about what is happening to "the friends you care about." The world's biggest social network unveiled changes which decrease reliance on "referral"
Published 27 Apr, 2015 12:00am
Let's be neighbours, US security head tells tech sector

Let's be neighbours, US security head tells tech sector

Even though Silicon Valley has had an often-contentious relationship with the US government's national security organisations, it's now time to be neighbours, one top official said Tuesday. US Homeland Security Secretary Jeh Johnson announced that his off
Published 27 Apr, 2015 12:00am
Dual-SIM phones: two connections in one device

Dual-SIM phones: two connections in one device

Smartphones are getting ever bigger, pockets ever smaller. If you have a work phone as well as a personal one, you could have real space problems in your clothing. One solution is a dual-SIM smartphone - a single device that has two SIM cards and thus a c
Published 27 Apr, 2015 12:00am
World's first malaria vaccine moves closer to use in Africa

World's first malaria vaccine moves closer to use in Africa

The world's first malaria vaccine, made by GlaxoSmithKline, could be approved by international regulators for use in Africa from October after final trial data showed it offered partial protection for up to four years. The shot, called RTS,S and designed
Published 27 Apr, 2015 12:00am
Mindfulness therapy as good as medication for chronic depression

Mindfulness therapy as good as medication for chronic depression

Mindfulness-based cognitive therapy (MBCT) may be just as effective as anti-depressants in helping prevent people with chronic depression from relapsing, scientists said. Depression is one of the most common forms of mental illness, affecting more than 35
Published 27 Apr, 2015 12:00am
Oceans worth $24 trillion, but sea change needed to save them: WWF

Oceans worth $24 trillion, but sea change needed to save them: WWF

The world's oceans are awash in riches, with output rivalling that of some of the world's largest economies, but over-fishing, pollution and climate change are rapidly eroding those resources, WWF warned on April 23. In a new report, the conservation grou
Published 27 Apr, 2015 12:00am
Top experts call for zero-carbon world by 2050

Top experts call for zero-carbon world by 2050

A group of top international experts on April 22 urged governments to stick to their promises to combat climate change and said the aim should be to create a "zero-carbon society" by 2050. To coincide with Earth Day, research institute The Earth League pu
Published 27 Apr, 2015 12:00am
Small north Texas quakes likely linked to oil and gas operations

Small north Texas quakes likely linked to oil and gas operations

A series of earthquakes that rattled a small community north-west of Fort Worth, Texas, more than a year ago were linked to oil and gas operations, according to a scientific study released on April 21. The study published in the science journal Nature Com
Published 27 Apr, 2015 12:00am
KP Police recover 136 stolen vehicles through VVS

KP Police recover 136 stolen vehicles through VVS

Khyber Pakhtunkhwa police through modern technology has devised a systematic and professional approach to round up vehicles through introduction of Vehicle Verification System (VVS) in the province so as to avert the terrorist activities of targeting the
Published 27 Apr, 2015 12:00am
Nestlé joins efforts to clean up Korang River

Nestlé joins efforts to clean up Korang River

Nestlé Pakistan teamed up with Green Force, a local environment group, and Green Volunteers, to help clean up the banks of Korang River. The river, which passes through Islamabad and is heavily polluted, flows into Rawal Lake and provides water for Rawalp
Published 27 Apr, 2015 12:00am
Prices of grocery items remain largely stable in KP

Prices of grocery items remain largely stable in KP

Prices of essential grocery items remained steady except slight increase in rate of sugar and chicken during preceding week, according to weekly survey conducted by Business Recorder here on Sunday. However, the survey noticed a mixed trend in the
Published 27 Apr, 2015 12:00am
KP Governor opens dialysis unit, OPD in Kidney Centre

KP Governor opens dialysis unit, OPD in Kidney Centre

Khyber Pakhtunkhwa Governor Sardar Mahtab Ahmad Khan has lauded the role of the non-governmental organisations and institutions in the fight against various diseases especially kidney diseases and called upon the well-to-do segments of the society to enco
Published 27 Apr, 2015 12:00am
KP Prohibition of Employment of Children Bill hits snag

KP Prohibition of Employment of Children Bill hits snag

Khyber Pakhtunkhwa Assembly failed for three consecutive times to pass the Prohibition of Employment of Children Bill, 2015 and put complete ban on the employment of child in any establishment. The Bill was introduced in the provincial in last week of Mar
Published 27 Apr, 2015 12:00am
Euro accession a turn-off for Polish voters

Euro accession a turn-off for Polish voters

One of the most vocal advocates of Poland's adoption of the euro, President Bronislaw Komorowski, has ditched the issue as he campaigns for re-election next month, a sign of how toxic it has become for voters. On the evidence of Komorowski's campaign, the
Published 27 Apr, 2015 12:00am
Kia Motors first quarter net profit up

Kia Motors first quarter net profit up

Kia Motors Corp, South Korea's second-largest automaker, said Friday its first quarter net profit rose slightly from a year earlier despite falls in sales revenue. Net income came to 903.2 billion won (US $835.9 million) during the January-March period, u
Published 27 Apr, 2015 12:00am
Comcast, Time Warner Cable drop mega-merger plan

Comcast, Time Warner Cable drop mega-merger plan

Comcast and Time Warner Cable announced Friday they had scrapped their mega-merger plans, amid opposition from US antitrust regulators to the tie-up of the cable and broadband Internet giants.
Published 27 Apr, 2015 12:00am
Big China steel thrives, stoking export fears

Big China steel thrives, stoking export fears

Plunging iron ore prices are providing a lifeline for some of China's biggest steel mills, but raising the prospect of a rising tide of exports and increased friction with the European Union and countries such as India. Even as China's domestic steel dema
Published 27 Apr, 2015 12:00am
Venezuelan state firm PDVSA's oil revenue slips 7.6 percent in 2014

Venezuelan state firm PDVSA's oil revenue slips 7.6 percent in 2014

Venezuelan oil company PDVSA's revenue from oil and fuel sales dropped by roughly 7.6 percent in 2014 from the previous year, hurt by a fall in crude prices and exports, the state company reported on Saturday. Revenue from sales declined to around $105.3
Published 27 Apr, 2015 12:00am
Islamic reinsurance moves to displace use of conventional finance

Islamic reinsurance moves to displace use of conventional finance

Islamic reinsurance (retakaful) is getting a face-lift because of new entrants and a widening market for Shariah-compliant insurance products, helping move the industry away from long-standing reliance on conventional reinsurance lines. Takaful is a bellw
Published 27 Apr, 2015 12:00am
Zimbabwe beats first quarter tax target

Zimbabwe beats first quarter tax target

Zimbabwe's tax collections were five percent above target at $897 million during the first quarter of this year but revenue from companies and mining royalties fell, the head of the national tax agency said on Sunday. Zimbabwe finances its entire budget f
Published 27 Apr, 2015 12:00am
Cuts to pay and perks trigger flight from China's state banks

Cuts to pay and perks trigger flight from China's state banks

Bankers at China's top state lenders are quitting in increasing numbers because of cuts to their pay and perks, and moving to a new breed of financial firms such as leasing companies, trusts and online platforms, bankers and head-hunters say. As part of a
Published 27 Apr, 2015 12:00am
Ukrainian-born Blavatnik tops UK rich list, Queen falls out of top 300

Ukrainian-born Blavatnik tops UK rich list, Queen falls out of top 300

Ukrainian-born billionaire Len Blavatnik has become Britain's wealthiest man, a "rich list" published annually by The Sunday Times newspaper showed on Sunday, but Queen Elizabeth slipped down the rankings despite her net worth growing. Boosted largely by
Published 27 Apr, 2015 12:00am
Nokia denies return to phone manufacturing

Nokia denies return to phone manufacturing

Finland's Nokia denied reports in Chinese media that it planned to return to manufacturing phones. "Nokia notes recent news reports claiming the company communicated an intention to manufacture consumer handsets out of a R&D facility in China. These repor
Published 27 Apr, 2015 12:00am
Seven in ten Greeks want a debt deal

Seven in ten Greeks want a debt deal

Seven out of ten Greeks want their leaders to reach an agreement with their creditors as the country's debt drama drags on, but almost a quarter back leaving the EU, a survey published Sunday showed. Just over 23 percent of Greeks would prefer splitting f
Published 27 Apr, 2015 12:00am
Deutsche Bank first quarter profit falls by half as legal charges bite

Deutsche Bank first quarter profit falls by half as legal charges bite

Deutsche Bank's earnings fell by half in the first quarter, a greater-than-expected drop as hefty legal charges eroded gains in investment banking revenue, while it prepares to unveil details of a strategic overhaul. Quarterly net profit sank to 559 milli
Published 27 Apr, 2015 12:00am
Ratan Tata buys stake in Chinese phone maker Xiaomi

Ratan Tata buys stake in Chinese phone maker Xiaomi

Ratan Tata, chairman emeritus of the holding company of India's Tata conglomerate, has acquired a stake in Xiaomi Technology, a deal that is likely to bolster the Chinese phone maker's presence in the world's third-largest smartphone market. Financial det
Published 27 Apr, 2015 12:00am
Like shale oil, solar power is shaking up global energy

Like shale oil, solar power is shaking up global energy

One by one, Japan is turning off the lights at the giant oil-fired power plants that propelled it to the ranks of the world's top industrialised nations. With nuclear power in the doldrums after the Fukushima disaster, it's solar energy that is becoming t
Published 27 Apr, 2015 12:00am
India starts up 300,000 barrel per day Paradip refinery

India starts up 300,000 barrel per day Paradip refinery

Indian Oil Corp, the country's biggest refiner, on Sunday began crude processing at its 300,000 barrel per day (bpd) Paradip refinery and aims to fully commission the plant in six months, two company sources said, potentially adding to the glut of oil pro
Published 27 Apr, 2015 12:00am
England win second Test

England win second Test

England ended a wait of two-and-a-half years and 10 matches for Test success away from home with a nine-wicket win over the West Indies in the second Test on Saturday. Set a modest target of 143 after the home side folded for 307 in their second innings j
Published 27 Apr, 2015 12:00am
Gladbach win hands Bayern 25th German title

Gladbach win hands Bayern 25th German title

Bayern Munich were confirmed as German champions for the 25th time on Sunday as Wolfsburg's 1-0 defeat at Borussia Moenchengladbach meant Pep Guardiola's Bavarians can no longer be caught. Gladbach's Germany striker Max Kruse sent the title to Munich as h
Published 27 Apr, 2015 12:00am
China's Lin Dan wins men's title at Asia Championships

China's Lin Dan wins men's title at Asia Championships

China's Lin Dan won the men's singles at the Badminton Asia Championships in China on Sunday, defending his title won last year in South Korea and adding another crown to an illustrious career. Lin, the No 2 seed, defeated compatriot Tian Houwei 21-19, 21
Published 27 Apr, 2015 12:00am
Kipchoge executes perfect race to win London Marathon

Kipchoge executes perfect race to win London Marathon

Marathons are increasingly being decided by the smallest margins and Sunday's men's race in London was no different with Eliud Kipchoge seizing victory with a perfectly executed plan. Labelled the 'clash of the champions' by organisers, the race pitted ei
Published 27 Apr, 2015 12:00am
Chelsea's title bid on hold, Everton overpower United

Chelsea's title bid on hold, Everton overpower United

Chelsea will have to keep the champagne on ice for at least a week after their seemingly inevitable progress towards the Premier League title was checked by a goalless draw away to Arsenal on Sunday. Had they beaten their London rivals at the Emirates Sta
Published 27 Apr, 2015 12:00am
Schumacher Jnr claims maiden victory

Schumacher Jnr claims maiden victory

Mick Schumacher Jnr enhanced the famous name on Sunday by claiming victory in only his third Formula Four race on his debut weekend in the sport. The 16-year-old son of seven-time world champion Michael Schumacher posted a winning time of 30mins 59.920sec
Published 27 Apr, 2015 12:00am
Kerber shocks Wozniacki in Stuttgart final

Kerber shocks Wozniacki in Stuttgart final

Germany's Angelique Kerber extended her winning streak to 11 matches with a three-sets win over Caroline Wozniacki to win the Stuttgart claycourt title on Sunday. Having knocked out three-time champion Maria Sharapova in the second round, Kerber recovered
Published 27 Apr, 2015 12:00am
Sindh government urged to raise wages of workers

Sindh government urged to raise wages of workers

Leaders of farmers and workers have demanded the Sindh government to raise minimum wages of workers to Rs 25000 per month and ensure the implementation of the labour laws in spirit and letter. They were addressing a conference on "Sindh Farmers and Worker
Published 27 Apr, 2015 12:00am
Pakistan sends relief goods, medical teams to Nepal

Pakistan sends relief goods, medical teams to Nepal

To provide relief to the earthquake victims in Nepal, Pakistan sent two C-130 aircraft carrying medical staff, relief goods and medicines on Sunday while another four C-130 aircrafts carrying 30 bedded hospital and other relief and rescue items will be di
Published 27 Apr, 2015 12:00am
EU condemns murder of Sabeen Mahmud

EU condemns murder of Sabeen Mahmud

The European Union delegation to Pakistan on Sunday condemned the killing of the prominent human rights activist and director of 'The Second Floor,' Ms Sabeen Mahmud, in Karachi. "Our thoughts are with the family and friends of Ms Mahmud." The EU delegati
Published 27 Apr, 2015 12:00am
Tufail urges government to reduce number of taxes & rates

Tufail urges government to reduce number of taxes & rates

Federation of Pakistan Chambers of Commerce and Industry's (FPCCI) former vice president Zubair Tufail has urged the government to reduce existing number of taxes and their rates as the higher rates lead to tax evasion and corruption. Moreover, income gen
Published 27 Apr, 2015 12:00am
Bomb blast kills four in Sibi

Bomb blast kills four in Sibi

Three people were killed and 20 injured when a bomb planted on a motorcycle exploded Sunday in Sibi, officials said. Senior police official Ghulam Ali Baloch, who gave the casualty toll, said two of the injured are in critical condition.
Published 27 Apr, 2015 12:00am
Corrupt officials of Food department: SCA to file petition with NAB

Corrupt officials of Food department: SCA to file petition with NAB

Sindh Chamber of Agriculture has decided to file a petition with National Accountability Bureau (NAB) against the officials of Food Department allegedly involved in selling gunny bags to traders illegally rather than growers and farmers in the province.
Published 27 Apr, 2015 12:00am
Malaysia foils attacks in capital by suspected militants

Malaysia foils attacks in capital by suspected militants

Malaysian police have arrested 12 people linked to the militant group Islamic State and seized explosives, foiling a plan to attack several locations in and around the capital city. The male suspects, aged 17 to 41, were arrested on Saturday and Sunday fr
Published 27 Apr, 2015 12:00am
Clinton Foundation admits financial disclosure 'mistakes'

Clinton Foundation admits financial disclosure 'mistakes'

Officials at the philanthropy founded by Bill and Hillary Clinton admitted Sunday that the organisation has made financial disclosure "mistakes" and vowed to quickly correct the errors. The acknowledgement of the problems with the Clinton Foundation's fin
Published 27 Apr, 2015 12:00am
France's Strasbourg to keep EU capital status: Hollande

France's Strasbourg to keep EU capital status: Hollande

France would never allow Strasbourg to be stripped of its status as a European capital, President Francois Hollande said Sunday, despite the huge cost of shuttling EU politicians there from Brussels each month. "Never will France authorise any modificatio
Published 27 Apr, 2015 12:00am
Turkey detains 350 migrants en route to Europe

Turkey detains 350 migrants en route to Europe

The Turkish coastguard has rounded up 350 mainly Syrian migrants in an operation against a ship planning to take them to Europe, the official Anatolia news agency said Sunday. Coastguard personnel overnight Saturday to Sunday raided the Mongolian-flagged
Published 27 Apr, 2015 12:00am
No military solution to boat migrant crisis: UN chief

No military solution to boat migrant crisis: UN chief

There is no military solution to migrants drowning in the Mediterranean, UN Secretary General Ban Ki Moon said on Sunday, as European leaders search for ways to manage the flow of people leaving North Africa in rickety boats.
Published 27 Apr, 2015 12:00am
Monument to South Africa's 'Hottentot Venus' vandalised

Monument to South Africa's 'Hottentot Venus' vandalised

Vandals in South Africa have vandalised a monument to Saartjie Baartman, Africa's "Hottentot Venus" who was paraded in 19th century Europe like a circus freak, police said Sunday. The incident in Hankey, in rural Eastern Cape province, is the latest in a
Published 27 Apr, 2015 12:00am
Saudi military plane crash kills two

Saudi military plane crash kills two

Two Saudi Air Force pilots were killed on Sunday when their training aircraft crashed, the defence ministry announced. "A training aircraft from the King Faisal Air Academy has had an accident. The aircraft crashed, killing an instructor and a student pil
Published 27 Apr, 2015 12:00am
Pleas for mercy rain on Indonesia's president as executions near

Pleas for mercy rain on Indonesia's president as executions near

Relatives of several convicts on death row in Indonesia made emotional last-ditch appeals for mercy on Sunday, adding their voices to foreign governments and the head of the United Nations who called for the group of nine to be spared the firing squad.
Published 27 Apr, 2015 12:00am
Turkmenistan's leader named 'People's Horse Breeder'

Turkmenistan's leader named 'People's Horse Breeder'

Turkmenistan's President Gurbanguly Berdymukhamedov accepted a new honorific title, the "People's Horse Breeder", on Sunday at celebrations for the Day of the Horse in the isolated Central Asian country.
Published 27 Apr, 2015 12:00am
Egypt's trial of Morsi 'badly flawed': HR Watch

Egypt's trial of Morsi 'badly flawed': HR Watch

The trial of former Egyptian President Mohamed Morsi, deposed by the army and sentenced to 20 years in jail, was "badly flawed" and appears to have been politically motivated, Human Rights Watch said on Sunday. A court on April 21 convicted Morsi and 12 o
Published 27 Apr, 2015 12:00am
Egypt hangs five for murder and theft

Egypt hangs five for murder and theft

Authorities in Egypt have hanged five people convicted of murder and theft, the interior ministry said on Sunday. They were executed in a prison in the southern province of Assyut after the appeals process had been exhausted, a ministry statement said. No
Published 27 Apr, 2015 12:00am
South Africa, Nigeria trade barbs over attacks on migrants

South Africa, Nigeria trade barbs over attacks on migrants

The South African government reacted angrily Sunday to Nigeria's decision to recall its ambassador from Pretoria over a wave of mob attacks on African migrants that killed at least seven people. "We are not sure which actions or behaviour of the South Afr
Published 27 Apr, 2015 12:00am
South Asian Investment Fund

South Asian Investment Fund

A Business Recorder exclusive notes that three companies namely Three Gorges Corporation, International Finance Corporation (a World Bank arm) and Silk Route Fund would establish a dedicated fund titled South Asia Investment Fund (SAIF) which will
Published 27 Apr, 2015 12:00am
FIA on notice

FIA on notice

At a meeting with Federal Investigation Agency (FIA) officials on Thursday Interior Minister Chaudhry Nisar Ali Khan regretted that no progress had been made regarding investigations into major corruption cases. Some of the cases mentioned at the meeting
Published 27 Apr, 2015 12:00am
Is our rupee overvalued?

Is our rupee overvalued?

Economists and independent think tanks maintain that the rupee is overvalued by around 15 percent, while the sixth review report of the International Monetary Fund (IMF) notes that the rupee is over valued to the tune of 10.6 percent since the programme b
Published 27 Apr, 2015 12:00am
Russia ponders raising retirement age in budget crunch

Russia ponders raising retirement age in budget crunch

Taking care of pensioners who are his bedrock of support has been a key feature of President Vladimir Putin's rule, but as crisis bites, the Russian government is mooting an idea that has been taboo for 80 years: raising the retirement age.
Published 27 Apr, 2015 12:00am
Survivors' tales from Everest avalanche horror

Survivors' tales from Everest avalanche horror

AFP Nepal bureau chief Ammu Kannampilly was at Everest base camp on Saturday when an avalanche cascaded down the mountain, flattening everything in its path.
Published 27 Apr, 2015 12:00am
THE RUPEE: divergent trend

THE RUPEE: divergent trend

The rupee moved both ways against the dollar on the local currency market during the week, ended on April 25, 2015. In the interbank market, the rupee moved up by six paisas versus the dollar for buying and selling at Rs 101.57 and Rs 101.59.
Published 27 Apr, 2015 12:00am
My years in journalism - in retrospect

My years in journalism - in retrospect

I would not like to go into the details of my pre-journalistic career. I will just tell you how I came into contact with Quaid-e-Azam Muhammad Ali Jinnah. I started my career after training in the Indian Military Academy in the city of Dehradoon. Later on
Published 27 Apr, 2015 12:00am
Message from M. I. Akbar, Chairman Akbar Group of Companies

Message from M. I. Akbar, Chairman Akbar Group of Companies

It gives me immense pleasure to congratulate the country's premier financial daily on successfully culminating half a century of unbiased, unfettered and comprehensive coverage of the news and events that shape our economy. Through the years, the Business
Published 27 Apr, 2015 12:00am
Message from Dr Zeelaf Munir, Chairperson EMB Executive Management Board

Message from Dr Zeelaf Munir, Chairperson EMB Executive Management Board

A Golden Anniversary is a significant milestone in the history of any organization. For a media organization this is even more noteworthy, given the dynamic, real time and highly competitive environment of the industry. Business Recorder, Pakistan's leadi
Published 27 Apr, 2015 12:00am
BR's golden jubilee

BR's golden jubilee

Dear reader, It was exactly 50 years ago that the Muslim world in general and Pakistan in particular witnessed the dawn of the first daily newspaper on broadsheet exhaustively dedicated to economics and finance. The members of its founding t
Published 27 Apr, 2015 12:00am
Message from M. Habib-ur-Rahman, CEO Atlas Asset Management Company

Message from M. Habib-ur-Rahman, CEO Atlas Asset Management Company

For the past five decades, Business Recorder (BR) has been the voice of the Pakistani economy (or Pakistan's business community). BR has set high journalistic standards by providing prompt and professional coverage of achievements, opportunities and chall
Published 27 Apr, 2015 12:00am
BR's golden jubilee

BR's golden jubilee

Dear reader, It was exactly 50 years ago that the Muslim world in general and Pakistan in particular witnessed the dawn of the first daily newspaper on broadsheet exhaustively dedicated to economics and finance. The members of its founding t
Published 27 Apr, 2015 12:00am
Message from Shams-ul-Qayyum, Managing Director Bank of Khyber

Message from Shams-ul-Qayyum, Managing Director Bank of Khyber

Business Recorder is Pakistan's first financial daily that covers financial, commercial and business news in the country and around the world. For the last 50 years, the newspaper has set new benchmarks in financial news coverage and fostered the highest
Published 27 Apr, 2015 12:00am
40 killed after heavy rains in Peshawar

40 killed after heavy rains in Peshawar

At least 40 people were killed and more than 180 injured Sunday after a storm struck Peshawar causing dozens of buildings to collapse, officials said. Fallen trees, rubble from buildings and mobile phone towers had blocked several main roads, an AFP repor
Published 27 Apr, 2015 12:00am
40 killed after heavy rains in Peshawar

40 killed after heavy rains in Peshawar

At least 40 people were killed and more than 180 injured Sunday after a storm struck Peshawar causing dozens of buildings to collapse, officials said. Fallen trees, rubble from buildings and mobile phone towers had blocked several main roads, an AFP repor
Published 27 Apr, 2015 12:00am
Kamil H. Mian, Chief Executive English Boot House

Kamil H. Mian, Chief Executive English Boot House

I am gratified to lean that the DAILY BUSINESS RECORDER is celebrating the fiftieth anniversary of its founding and I cordially extend to you and your associates in its publication, and the large audience to whom it is addressed, my heartiest congratulati
Published 27 Apr, 2015 12:00am
Message from KASB Securities

Message from KASB Securities

The KASB Securities team would like to take this opportunity to congratulate Business Recorder on achieving 50 years of excellence in Financial reporting. The Paper has single handedly brought Finance to the mainstream. We, at KASB Securities, rely on Bus
Published 27 Apr, 2015 12:00am
Earthquake rattles Peshawar

Earthquake rattles Peshawar

Aftershocks from devastating earthquake not only continue to jolt parts of Nepal but their effects were also felt as far away as Pakistan on Sunday. On Sunday afternoon, tremours sent residents of Peshawar and adjoining areas scurrying on streets of the c
Published 27 Apr, 2015 12:00am
Earthquake rattles Peshawar

Earthquake rattles Peshawar

Aftershocks from devastating earthquake not only continue to jolt parts of Nepal but their effects were also felt as far away as Pakistan on Sunday. On Sunday afternoon, tremours sent residents of Peshawar and adjoining areas scurrying on streets of the c
Published 27 Apr, 2015 12:00am
Message from Mr Nadeem Naqvi, Managing Director Karachi Stock Exchange

Message from Mr Nadeem Naqvi, Managing Director Karachi Stock Exchange

For the past five decades, the Business Recorder newspaper has been the voice of the economy. It has chronicled the achievements, opportunities and challenges confronted by the country's businesses. From the fields, farms and mines, to the assembly lines
Published 27 Apr, 2015 12:00am
Aftershocks cause more terror as Nepal quake toll tops 2,500

Aftershocks cause more terror as Nepal quake toll tops 2,500

Powerful aftershocks rocked Nepal Sunday, panicking survivors of a quake that killed more than 2,500 and triggering new avalanches at Everest base camp, as mass cremations were held in the devastated capital Kathmandu.
Published 27 Apr, 2015 12:00am
THE RUPEE: divergent trend

THE RUPEE: divergent trend

The rupee moved both ways against the dollar on the local currency market during the week, ended on April 25, 2015. In the interbank market, the rupee moved up by six paisas versus the dollar for buying and selling at Rs 101.57 and Rs 101.59.
Published 27 Apr, 2015 12:00am
Message form Yacoob Suttar, President ICAP

Message form Yacoob Suttar, President ICAP

On behalf of the Institute of Chartered Accountants of Pakistan (ICAP), I would like to extend my heartiest congratulations to Business Recorder on their Golden Jubilee. The remarkable strides that the Business Recorder has made in recent years, is truly
Published 27 Apr, 2015 12:00am
Previous Day
⇧