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Print - 2015-05-10
A rare rebuke

A rare rebuke

How unfortunate it is that India has failed to respond to Pakistan's desire for good relations. This was stated by Prime Minister Nawaz Sharif who has begun to appreciate, albeit slowly, the Modi mindset. "Our desire for good neighbourly relations with In
Published 10 May, 2015 12:00am
Condolence

Condolence

H. E. Amb. Dato' Dr Hasrul Sani Mujtabar, words seem inadequate to express the sadness I feel about the sudden demise of your respective wife in a tragic chopper crash. Prayers and fond memories are what we have to remember our dearly departed. May the lo
Published 10 May, 2015 12:00am
French president's historic Cuba trip leads EU détente

French president's historic Cuba trip leads EU détente

Francois Hollande will become the first French president to visit Cuba in more than a century on Monday, cementing Paris's leading role in the European Union's rapprochement with the communist island. The EU suspended relations with Cuba in 2003 over a cr
Published 10 May, 2015 12:00am
Lure of high-risk riches too strong for Somalia refugees

Lure of high-risk riches too strong for Somalia refugees

On a good day, Salat Ahmed and his pregnant wife Sadiyo make two dollars (1.80 euro) selling kilogramme bundles of khat, a leafy green herb that is mildly narcotic when chewed. They run their business from a corrugated tin shack beside an extravagantly cr
Published 10 May, 2015 12:00am
National budget considerations

National budget considerations

This is the time for the economic managers of the government to sit down and come up with the national budget for the next fiscal year. Needless to say that budget is one of the most important policy documents of the government, which outlines its economi
Published 10 May, 2015 12:00am
Cameron's shock victory

Cameron's shock victory

UK elections are of interest to Pakistanis because the country has a big population of Pakistani origin and is also a favourite destination for both politicians and other elites of this country. The resounding victory of the Conservative party, led by Dav
Published 10 May, 2015 12:00am
Kerry in Riyadh

Kerry in Riyadh

US Secretary of State John Kerry was in Saudi Arabia to allay the kingdom's apprehensions about Iran, and to help it find a dignified end to the Yemen conflict. Saudi Arabia and its regional allies are worried about the framework agreement the US and othe
Published 10 May, 2015 12:00am
An inconsolable tragedy

An inconsolable tragedy

That handsome Domingo Lucenario and sage-looking Leif Larsen and charming spouses of ambassadors of Indonesia and Malaysia have died in the lap of Nature's most beautiful art work, the Naltar Valley, is something that is still highly unbelievable. But fat
Published 10 May, 2015 12:00am
Coffee group Massimo Zanetti could be worth $600 million

Coffee group Massimo Zanetti could be worth $600 million

Massimo Zanetti Beverage Group (MZBG) could be valued at up to 529 million euros ($600 million) in its initial public share offer, according to a report by Banca IMI, one of the global co-ordinators of the share sale. MZBG is the owner of more than 20 cof
Published 10 May, 2015 12:00am
Iranian buyers purchase 25,000 tonnes of Ukrainian wheat

Iranian buyers purchase 25,000 tonnes of Ukrainian wheat

Private Iranian buyers have purchased about 25,000 tonnes of milling wheat to be sourced from Ukraine, European traders said on Tuesday. It will be shipped in the second half of May from Odessa or Nikolaev, they said. The deal follows a series of purchase
Published 10 May, 2015 12:00am
China's copper imports down 4.4 percent on-year in April

China's copper imports down 4.4 percent on-year in April

China's copper imports fell 4.4 percent in April from a year earlier as weak domestic demand limited appetites for imports. Arrivals of anode, refined copper, copper alloys and semi-finished copper products stood at 430,000 tonnes in April, the highest mo
Published 10 May, 2015 12:00am
Copper price to struggle even as mine outages slash market surplus

Copper price to struggle even as mine outages slash market surplus

Faltering demand in leading global copper consumer China will see prices of the metal struggle to gain traction this year, despite disruptions at mines that will slash the expected market surplus by half, a Reuters poll showed. Aluminium prices will also
Published 10 May, 2015 12:00am
Premium for cash zinc over 3-month future jumps

Premium for cash zinc over 3-month future jumps

A scramble for zinc for nearby delivery has pushed the premium for the London metal Exchange's cash contract over the three-month future to its highest in more than a year, traders said. The backwardation or premium closed at $33 a tonne on Tuesday, a lev
Published 10 May, 2015 12:00am
US gold jewellery imports rise as wholesalers stock up

US gold jewellery imports rise as wholesalers stock up

Lower prices and a stronger dollar helped lift US imports of gold, silver and platinum jewellery by as much as 15 percent in the first quarter of 2015, according to Thomson Reuters GFMS calculations released on Thursday. US imports of gold jewellery rose
Published 10 May, 2015 12:00am
Kazakhstan cuts forecast for grain exports

Kazakhstan cuts forecast for grain exports

Kazakhstan, Central Asia's largest grain producer, has further cut its forecast for grain exports in the current marketing year due to bad weather that severely damaged the quality of the harvest. Kazakhstan, a vast steppe nation that is part of the Black
Published 10 May, 2015 12:00am
Weekly gasoline stocks rise 13 percent

Weekly gasoline stocks rise 13 percent

Gasoline stocks held in independent storage at Europe's Antwerp-Rotterdam-Amsterdam (ARA) hub rose 13 percent in the week to Thursday, Dutch consultant PJK International said. Gasoline stocks were at 786,000 tonnes, while naphtha stocks rose seven percent
Published 10 May, 2015 12:00am
Iraq buys hard wheat from US

Iraq buys hard wheat from US

Iraq's state grains board has purchased 50,000 tonnes of hard wheat to be sourced from the United States, European traders said on Tuesday. The wheat was priced at $257.35 a tonne c&f free out to the port of Umm Qasr with shipment between June 1-30 and de
Published 10 May, 2015 12:00am
Australian miner races to restart forgotten Italian zinc mine

Australian miner races to restart forgotten Italian zinc mine

Australian miner Energia Minerals Ltd is racing to reactivate a forgotten Italian zinc mine to cash in on a potential recovery in the zinc market after years of low prices and supply glut. Major zinc producers face depleting deposits by year's end and are
Published 10 May, 2015 12:00am
China's crude oil imports hit record

China's crude oil imports hit record

China's crude oil imports hit a record high in April as falling prices encouraged stockpiling, but coal imports plunged and shipments of other commodities generally eased on a year earlier amid a sluggish economy. China's exports unexpectedly fell 6.4 per
Published 10 May, 2015 12:00am
Oil scores new 2015 peaks on tumbling US inventories

Oil scores new 2015 peaks on tumbling US inventories

Oil faced a rollercoaster week, striking five-month peaks on news of an unexpected slump in US crude reserves, before sliding as oversupply worries resurfaced. "After a strong start to the week, with Brent seemingly heading for $70 per barrel, the recover
Published 10 May, 2015 12:00am
Oil scores new 2015 peaks on tumbling US inventories

Oil scores new 2015 peaks on tumbling US inventories

Oil faced a rollercoaster week, striking five-month peaks on news of an unexpected slump in US crude reserves, before sliding as oversupply worries resurfaced. "After a strong start to the week, with Brent seemingly heading for $70 per barrel, the recover
Published 10 May, 2015 12:00am
Australia police foil alleged terror bomb plot

Australia police foil alleged terror bomb plot

Australian police said Saturday they had foiled an alleged terror bomb plot reportedly planned for Mother's Day, arresting a Melbourne teenager and detonating three suspected explosive devices. Australian Federal Police (AFP) and their Victoria state coun
Published 10 May, 2015 12:00am
BISP to reach out to two million children in 32 districts

BISP to reach out to two million children in 32 districts

Benazir Income Support Programme (BISP) is planning to reach out to two million children, ages 5-12 years of beneficiary families, in 32 districts across the country, out of which 380,000 children have been admitted in primary school in different classes.
Published 10 May, 2015 12:00am
BISP to reach out to two million children in 32 districts

BISP to reach out to two million children in 32 districts

Benazir Income Support Programme (BISP) is planning to reach out to two million children, ages 5-12 years of beneficiary families, in 32 districts across the country, out of which 380,000 children have been admitted in primary school in different classes.
Published 10 May, 2015 12:00am
BISP to reach out to two million children in 32 districts

BISP to reach out to two million children in 32 districts

Benazir Income Support Programme (BISP) is planning to reach out to two million children, ages 5-12 years of beneficiary families, in 32 districts across the country, out of which 380,000 children have been admitted in primary school in different classes.
Published 10 May, 2015 12:00am
Inmates flee Iraq prison in break-out claimed by IS

Inmates flee Iraq prison in break-out claimed by IS

Dozens of people were killed and 40 inmates escaped in a bloody prison break north of the Iraqi capital for which the Islamic State jihadist group claimed responsibility on Saturday. The interior ministry said six guards and 30 detainees were killed Frida
Published 10 May, 2015 12:00am
Inmates flee Iraq prison in break-out claimed by IS

Inmates flee Iraq prison in break-out claimed by IS

Dozens of people were killed and 40 inmates escaped in a bloody prison break north of the Iraqi capital for which the Islamic State jihadist group claimed responsibility on Saturday. The interior ministry said six guards and 30 detainees were killed Frida
Published 10 May, 2015 12:00am
India faces severe ammunition shortage: CAG

India faces severe ammunition shortage: CAG

India cannot fight a war beyond 15-20 days due to crippling shortages in its ammunition stocks. To add to its woes, the home-grown Tejas light combat aircraft is still nowhere near being combat-ready despite being in the making for over 30 years.
Published 10 May, 2015 12:00am
India faces severe ammunition shortage: CAG

India faces severe ammunition shortage: CAG

India cannot fight a war beyond 15-20 days due to crippling shortages in its ammunition stocks. To add to its woes, the home-grown Tejas light combat aircraft is still nowhere near being combat-ready despite being in the making for over 30 years.
Published 10 May, 2015 12:00am
Coal transportation: Rs 94 billion to be spent on locomotives, signals

Coal transportation: Rs 94 billion to be spent on locomotives, signals

Federal government will spend Rs 94 billion on the procurement/manufacture of 75 diesel electric locomotives, upgradation of signalling system by providing computer-based interlocking along with 780 high capacity bogies hopper wagons to transport coal fro
Published 10 May, 2015 12:00am
Coal transportation: Rs 94 billion to be spent on locomotives, signals

Coal transportation: Rs 94 billion to be spent on locomotives, signals

Federal government will spend Rs 94 billion on the procurement/manufacture of 75 diesel electric locomotives, upgradation of signalling system by providing computer-based interlocking along with 780 high capacity bogies hopper wagons to transport coal fro
Published 10 May, 2015 12:00am
Coal transportation: Rs 94 billion to be spent on locomotives, signals

Coal transportation: Rs 94 billion to be spent on locomotives, signals

Federal government will spend Rs 94 billion on the procurement/manufacture of 75 diesel electric locomotives, upgradation of signalling system by providing computer-based interlocking along with 780 high capacity bogies hopper wagons to transport coal fro
Published 10 May, 2015 12:00am
Coal transportation: Rs 94 billion to be spent on locomotives, signals

Coal transportation: Rs 94 billion to be spent on locomotives, signals

Federal government will spend Rs 94 billion on the procurement/manufacture of 75 diesel electric locomotives, upgradation of signalling system by providing computer-based interlocking along with 780 high capacity bogies hopper wagons to transport coal fro
Published 10 May, 2015 12:00am
Provinces & PASSCO possess sufficient wheat stock, ECC told

Provinces & PASSCO possess sufficient wheat stock, ECC told

Provincial governments and PASSCO are having 2.635 million higher wheat stocks as on March 17, 2015 as compared to the same period of corresponding year, it was learnt. Sources said that wheat stock position conveyed to them by Finance Ministry was report
Published 10 May, 2015 12:00am
Provinces & PASSCO possess sufficient wheat stock, ECC told

Provinces & PASSCO possess sufficient wheat stock, ECC told

Provincial governments and PASSCO are having 2.635 million higher wheat stocks as on March 17, 2015 as compared to the same period of corresponding year, it was learnt. Sources said that wheat stock position conveyed to them by Finance Ministry was report
Published 10 May, 2015 12:00am
Provinces & PASSCO possess sufficient wheat stock, ECC told

Provinces & PASSCO possess sufficient wheat stock, ECC told

Provincial governments and PASSCO are having 2.635 million higher wheat stocks as on March 17, 2015 as compared to the same period of corresponding year, it was learnt. Sources said that wheat stock position conveyed to them by Finance Ministry was report
Published 10 May, 2015 12:00am
DSP shot dead in Karachi

DSP shot dead in Karachi

A senior police officer was killed along with his driver in what appears to be a sectarian attack in Karachi on Saturday, a private TV channel reported. Zulfiqar Zaidi, Deputy Superintendent of Police, was sitting at a hotel when he was attacked by unknow
Published 10 May, 2015 12:00am
DSP shot dead in Karachi

DSP shot dead in Karachi

A senior police officer was killed along with his driver in what appears to be a sectarian attack in Karachi on Saturday, a private TV channel reported. Zulfiqar Zaidi, Deputy Superintendent of Police, was sitting at a hotel when he was attacked by unknow
Published 10 May, 2015 12:00am
KASB Bank de-scheduled

KASB Bank de-scheduled

The SBP has announced the de-scheduling of KASB Bank Limited with immediate effect. According to SBP circular, "In exercise of the powers conferred on it by clause (b) of Sub-Section (2) of Section 37 of the State Bank of Pakistan Act, 1956, the State Ban
Published 10 May, 2015 12:00am
KASB Bank de-scheduled

KASB Bank de-scheduled

The SBP has announced the de-scheduling of KASB Bank Limited with immediate effect. According to SBP circular, "In exercise of the powers conferred on it by clause (b) of Sub-Section (2) of Section 37 of the State Bank of Pakistan Act, 1956, the State Ban
Published 10 May, 2015 12:00am
KASB Bank de-scheduled

KASB Bank de-scheduled

The SBP has announced the de-scheduling of KASB Bank Limited with immediate effect. According to SBP circular, "In exercise of the powers conferred on it by clause (b) of Sub-Section (2) of Section 37 of the State Bank of Pakistan Act, 1956, the State Ban
Published 10 May, 2015 12:00am
Turkey former president Evren, 1980 coup leader, dies aged 97

Turkey former president Evren, 1980 coup leader, dies aged 97

Turkish former president Kenan Evren, convicted last year for his key role in the country's bloody 1980 coup, died on Saturday at a hospital in the capital Ankara, the state-run Anatolia news agency reported. He was 97. Evren had received treatment at the
Published 10 May, 2015 12:00am
Turkey former president Evren, 1980 coup leader, dies aged 97

Turkey former president Evren, 1980 coup leader, dies aged 97

Turkish former president Kenan Evren, convicted last year for his key role in the country's bloody 1980 coup, died on Saturday at a hospital in the capital Ankara, the state-run Anatolia news agency reported. He was 97. Evren had received treatment at the
Published 10 May, 2015 12:00am
Prime Minister phones Norwegian, Malaysian counterparts

Prime Minister phones Norwegian, Malaysian counterparts

Prime Minister Nawaz Sharif on Saturday telephonically called his Norwegian and Malaysian counterparts to express condolences and shared the grief over Naltar tragedy. According to Foreign Office spokesperson Qazi Khalilullah, the PM telephoned his Norweg
Published 10 May, 2015 12:00am
Prime Minister phones Norwegian, Malaysian counterparts

Prime Minister phones Norwegian, Malaysian counterparts

Prime Minister Nawaz Sharif on Saturday telephonically called his Norwegian and Malaysian counterparts to express condolences and shared the grief over Naltar tragedy. According to Foreign Office spokesperson Qazi Khalilullah, the PM telephoned his Norweg
Published 10 May, 2015 12:00am
Top civil-military leaders receive bodies at Nur Khan airbase

Top civil-military leaders receive bodies at Nur Khan airbase

Foreign Office said here on Saturday that the remains of the ambassadors of Norway and Philippines and wives of the Malaysian and Indonesian envoys were air-lifted from Naltar to Rawalpindi for onward transportation to their respective countries. A spokes
Published 10 May, 2015 12:00am
Top civil-military leaders receive bodies at Nur Khan airbase

Top civil-military leaders receive bodies at Nur Khan airbase

Foreign Office said here on Saturday that the remains of the ambassadors of Norway and Philippines and wives of the Malaysian and Indonesian envoys were air-lifted from Naltar to Rawalpindi for onward transportation to their respective countries. A spokes
Published 10 May, 2015 12:00am
Air chief blames tech fault for heli crash

Air chief blames tech fault for heli crash

Air Chief, Air Marshal Sohail Aman on Saturday blamed technical fault for crash of a military helicopter that killed two ambassadors and wives of two envoys. The Russian-made MI-17 helicopter, carrying diplomats and their wives, crashed near the scenic Gi
Published 10 May, 2015 12:00am
Air chief blames tech fault for heli crash

Air chief blames tech fault for heli crash

Air Chief, Air Marshal Sohail Aman on Saturday blamed technical fault for crash of a military helicopter that killed two ambassadors and wives of two envoys. The Russian-made MI-17 helicopter, carrying diplomats and their wives, crashed near the scenic Gi
Published 10 May, 2015 12:00am
Diplomats speak of crash terror

Diplomats speak of crash terror

Three ambassadors to Pakistan who survived a helicopter crash that killed seven people have described the terrifying moment the aircraft span out of control before slamming into the ground and catching fire. Testimonies of diplomats on board from Malaysia
Published 10 May, 2015 12:00am
Diplomats speak of crash terror

Diplomats speak of crash terror

Three ambassadors to Pakistan who survived a helicopter crash that killed seven people have described the terrifying moment the aircraft span out of control before slamming into the ground and catching fire. Testimonies of diplomats on board from Malaysia
Published 10 May, 2015 12:00am
Revised CAR reporting format automated: SBP

Revised CAR reporting format automated: SBP

The State Bank of Pakistan has automated the revised Capital Adequacy Returns (CAR) reporting format under Basel III on Data Acquisition Portal - DAP Portal. According to SBP circular BPRD Circular No. 08 of 2015, the SBP has issued instructions for the i
Published 10 May, 2015 12:00am
Revised CAR reporting format automated: SBP

Revised CAR reporting format automated: SBP

The State Bank of Pakistan has automated the revised Capital Adequacy Returns (CAR) reporting format under Basel III on Data Acquisition Portal - DAP Portal. According to SBP circular BPRD Circular No. 08 of 2015, the SBP has issued instructions for the i
Published 10 May, 2015 12:00am
Revised CAR reporting format automated: SBP

Revised CAR reporting format automated: SBP

The State Bank of Pakistan has automated the revised Capital Adequacy Returns (CAR) reporting format under Basel III on Data Acquisition Portal - DAP Portal. According to SBP circular BPRD Circular No. 08 of 2015, the SBP has issued instructions for the i
Published 10 May, 2015 12:00am
Egypt court sentences Mubarak to three years for corruption

Egypt court sentences Mubarak to three years for corruption

An Egyptian court Saturday sentenced ousted president Hosni Mubarak to three years in prison on corruption accusations, after he was cleared of murder charges in another case. Mubarak and his sons Alaa and Gamal, also sentenced to three years, were presen
Published 10 May, 2015 12:00am
Egypt court sentences Mubarak to three years for corruption

Egypt court sentences Mubarak to three years for corruption

An Egyptian court Saturday sentenced ousted president Hosni Mubarak to three years in prison on corruption accusations, after he was cleared of murder charges in another case. Mubarak and his sons Alaa and Gamal, also sentenced to three years, were presen
Published 10 May, 2015 12:00am
Saudi-led raids pound Yemen rebels after truce offer

Saudi-led raids pound Yemen rebels after truce offer

The Saudi-led coalition bombed the Yemeni capital's airport and the Shiite rebels' northern stronghold on Saturday just hours after proposing a humanitarian ceasefire to start next week. Hundreds of families fled the rebels' Saada province bastion before
Published 10 May, 2015 12:00am
Saudi-led raids pound Yemen rebels after truce offer

Saudi-led raids pound Yemen rebels after truce offer

The Saudi-led coalition bombed the Yemeni capital's airport and the Shiite rebels' northern stronghold on Saturday just hours after proposing a humanitarian ceasefire to start next week. Hundreds of families fled the rebels' Saada province bastion before
Published 10 May, 2015 12:00am
Fighting between tribes leaves 47 dead

Fighting between tribes leaves 47 dead

A gunfight between two tribes over disputed mountain territory close to the Afghan border on Saturday left at least 47 people dead and 25 others injured, officials and local sources said. A security source told AFP that the Mada Khel and Paipali Kabul Khe
Published 10 May, 2015 12:00am
Fighting between tribes leaves 47 dead

Fighting between tribes leaves 47 dead

A gunfight between two tribes over disputed mountain territory close to the Afghan border on Saturday left at least 47 people dead and 25 others injured, officials and local sources said. A security source told AFP that the Mada Khel and Paipali Kabul Khe
Published 10 May, 2015 12:00am
Total advances: FBR asked to increase threshold to two percent

Total advances: FBR asked to increase threshold to two percent

Pakistan Banks Association (PBA) has proposed to the Federal Board of Revenue (FBR) to increase the existing threshold of one percent of total advances (other than consumer/SME) to a reasonable level, ie, 2 percent for corporate and other advances in budg
Published 10 May, 2015 12:00am
Total advances: FBR asked to increase threshold to two percent

Total advances: FBR asked to increase threshold to two percent

Pakistan Banks Association (PBA) has proposed to the Federal Board of Revenue (FBR) to increase the existing threshold of one percent of total advances (other than consumer/SME) to a reasonable level, ie, 2 percent for corporate and other advances in budg
Published 10 May, 2015 12:00am
Total advances: FBR asked to increase threshold to two percent

Total advances: FBR asked to increase threshold to two percent

Pakistan Banks Association (PBA) has proposed to the Federal Board of Revenue (FBR) to increase the existing threshold of one percent of total advances (other than consumer/SME) to a reasonable level, ie, 2 percent for corporate and other advances in budg
Published 10 May, 2015 12:00am
Advance tax: PBA seeks Kibor-based compensation

Advance tax: PBA seeks Kibor-based compensation

Pakistan Banks Association (PBA) has proposed to the Federal Board of Revenue (FBR) to give compensation on advance tax payments made by banks, as they incur heavy cost in the shape of advance tax on a monthly basis. The PBA has submitted its budget propo
Published 10 May, 2015 12:00am
Advance tax: PBA seeks Kibor-based compensation

Advance tax: PBA seeks Kibor-based compensation

Pakistan Banks Association (PBA) has proposed to the Federal Board of Revenue (FBR) to give compensation on advance tax payments made by banks, as they incur heavy cost in the shape of advance tax on a monthly basis. The PBA has submitted its budget propo
Published 10 May, 2015 12:00am
Advance tax: PBA seeks Kibor-based compensation

Advance tax: PBA seeks Kibor-based compensation

Pakistan Banks Association (PBA) has proposed to the Federal Board of Revenue (FBR) to give compensation on advance tax payments made by banks, as they incur heavy cost in the shape of advance tax on a monthly basis. The PBA has submitted its budget propo
Published 10 May, 2015 12:00am
Putin hosts huge WWII victory parade amid Western snub

Putin hosts huge WWII victory parade amid Western snub

Russia on Saturday staged a huge military parade to commemorate the 70th anniversary of victory over Nazi Germany in a conspicuous show of military might amid a standoff with the West over Ukraine. In what is seen as punishment for the Kremlin's meddling
Published 10 May, 2015 12:00am
Putin hosts huge WWII victory parade amid Western snub

Putin hosts huge WWII victory parade amid Western snub

Russia on Saturday staged a huge military parade to commemorate the 70th anniversary of victory over Nazi Germany in a conspicuous show of military might amid a standoff with the West over Ukraine. In what is seen as punishment for the Kremlin's meddling
Published 10 May, 2015 12:00am
China pursuing huge South China Sea land reclamation: US

China pursuing huge South China Sea land reclamation: US

China has dramatically ramped up its land reclamation efforts in the South China Sea this year, building artificial islands at an unprecedented pace to bolster its territorial claims in the disputed area, US officials said Friday. The rapid construction o
Published 10 May, 2015 12:00am
China pursuing huge South China Sea land reclamation: US

China pursuing huge South China Sea land reclamation: US

China has dramatically ramped up its land reclamation efforts in the South China Sea this year, building artificial islands at an unprecedented pace to bolster its territorial claims in the disputed area, US officials said Friday. The rapid construction o
Published 10 May, 2015 12:00am
IMF 7th review: Deliberations completed

IMF 7th review: Deliberations completed

Pakistan delegation led by Finance Minister Ishaq Dar and the IMF team led by Harald Finger here Saturday completed detailed deliberations for the IMF 7th review at Dubai, says a press release received here. Both Dar and Harald Finger will hold a final ro
Published 10 May, 2015 12:00am
IMF 7th review: Deliberations completed

IMF 7th review: Deliberations completed

Pakistan delegation led by Finance Minister Ishaq Dar and the IMF team led by Harald Finger here Saturday completed detailed deliberations for the IMF 7th review at Dubai, says a press release received here. Both Dar and Harald Finger will hold a final ro
Published 10 May, 2015 12:00am
IMF 7th review: Deliberations completed

IMF 7th review: Deliberations completed

Pakistan delegation led by Finance Minister Ishaq Dar and the IMF team led by Harald Finger here Saturday completed detailed deliberations for the IMF 7th review at Dubai, says a press release received here. Both Dar and Harald Finger will hold a final ro
Published 10 May, 2015 12:00am
Report makes no mention of rigging: Pervaiz

Report makes no mention of rigging: Pervaiz

Federal Minister for Information, Broadcasting and National Heritage Senator Pervaiz Rashid on Saturday said that the National Database Registration Authority (NADRA) in its report had mentioned that no rigging was committed in NA 122 in general election
Published 10 May, 2015 12:00am
Report makes no mention of rigging: Pervaiz

Report makes no mention of rigging: Pervaiz

Federal Minister for Information, Broadcasting and National Heritage Senator Pervaiz Rashid on Saturday said that the National Database Registration Authority (NADRA) in its report had mentioned that no rigging was committed in NA 122 in general election
Published 10 May, 2015 12:00am
Forensic report vindicates PTI stance: Imran

Forensic report vindicates PTI stance: Imran

Pakistan Tehrik-e-Insaf (PTI) Chairman Imran Khan said that his party's stance on rigging stood vindicated again after glaring discrepancies were proved by NADRA in its forensic report about NA-122 thumb verifications. In a statement on social media Satur
Published 10 May, 2015 12:00am
Forensic report vindicates PTI stance: Imran

Forensic report vindicates PTI stance: Imran

Pakistan Tehrik-e-Insaf (PTI) Chairman Imran Khan said that his party's stance on rigging stood vindicated again after glaring discrepancies were proved by NADRA in its forensic report about NA-122 thumb verifications. In a statement on social media Satur
Published 10 May, 2015 12:00am
YOUR RUPEE LAST MONTH

YOUR RUPEE LAST MONTH

Following currency fluctuations took place in foreign exchange rates during the last month. (April 1-30 2015)

Published 10 May, 2015 12:00am
The Weather

The Weather

The weather report on Saturday (May 09, 2015) and the forecast for Sunday (May 10, 2015).

Published 10 May, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (May 09, 2015).

Published 10 May, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (May 09, 2015).

Published 10 May, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (May 09, 2015).

Published 10 May, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (May 09, 2015)

Published 10 May, 2015 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (May 09, 2015).

Published 10 May, 2015 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Saturday (May 09, 2015).

Published 10 May, 2015 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (May 09, 2015).

Published 10 May, 2015 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (May 09, 2015).

Published 10 May, 2015 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (May 09, 2015).

Published 10 May, 2015 12:00am
THE RUPEE: slight gains

THE RUPEE: slight gains

The rupee maintained firm trend in relation to the dollar on the money market on Saturday, dealers said. The rupee inched up versus the dollar, gaining five paisa for buying and selling at Rs 102.35 and Rs 102.55, they said. The rupee also gained 25 paisa
Published 10 May, 2015 12:00am