AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)
Nov 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-06-21
Saudi king appoints new head of grains business

Saudi king appoints new head of grains business

Saudi King Salman bin Abdulaziz appointed Ahmad bin Abdelaziz Al-Fares as head of the Grain Silos and Flour Mills Organisation (GSFMO) on Wednesday, state news agency SPA reported, citing a royal decree. Fares replaces Abdulrahman bin Saleh Al-Ruwatie, wh
Published 21 Jun, 2015 12:00am
Magellan Midstream mulls setting up oil trading, logistics ops

Magellan Midstream mulls setting up oil trading, logistics ops

Magellan Midstream Partners LP , one of the ten largest US oil pipeline companies, is considering opening an oil trading operation for the first time to enter a business that generates hundreds of millions of dollars a year for some of its rivals. Magella
Published 21 Jun, 2015 12:00am
Commodities suffer volatile week; gold 'ultimate' safe haven
Currency

Commodities suffer volatile week; gold 'ultimate' safe haven

Commodities experienced a volatile week, as traders eyed the oil supply glut, the dollar and intensifying concerns that Greece could default and crash out from the eurozone. The EU has called an emergency eurozone summit in Brussels for Monday, seeking to
Published 21 Jun, 2015 12:00am
Special cell to monitor power supply established

Special cell to monitor power supply established

On the directives of Ministry of Water & Power, a Special Federal Complaint Cell has been established at Pesco Head Quarters where a team of senior engineers has been appointed to monitor the electricity provision system and to cope up with any emergency
Published 21 Jun, 2015 12:00am
Cop-cum-robber arrested

Cop-cum-robber arrested

Ferozabad police conducted an operation on Saturday and arrested a policeman involved in robbery. According to police sources, policeman, Tariq Hussain, was apprehended as he was robbing citizens. Police sources said the arrested cop had already been susp
Published 21 Jun, 2015 12:00am
QWP chief slams excessive power outages

QWP chief slams excessive power outages

Chairman Qaumi Watan Party (QWP), Aftab Ahmad Khan Sherpao slammed the excessive power outages in various parts of Khyber Pakhtunkhwa and called upon the government to take steps for minimizing of electricity loadshedding hours, and ending deprivation amo
Published 21 Jun, 2015 12:00am
Consumers irked by unscheduled power outages in Peshawar

Consumers irked by unscheduled power outages in Peshawar

Power consumers have perturbed due to continuous unscheduled electricity loadshedding in various localities of Peshawar, particularly during sehr, and iftar timings. Faithfuls were being experienced with immense problems due to unannounced and unscheduled
Published 21 Jun, 2015 12:00am
Turkish relief agency expands activities in KP

Turkish relief agency expands activities in KP

The IHH Humanitarian Relief Foundation, Turkey has planned to expand their activities for welfare of orphans, destitute and affectees of different disasters and calamities in Khyber Pakhtunkhwa. They laid the foundation of their orphanage centre in Haripu
Published 21 Jun, 2015 12:00am
US drone strike: Italian hostage embraced Islam before being killed

US drone strike: Italian hostage embraced Islam before being killed

Al-Qaeda has revealed that an American and an Italian hostage that were killed in a covert US counter-terrorism operation on the Afghan-Pakistan border in January this year were converted to Islam. The White House confirmed that US contractor Warren Weins
Published 21 Jun, 2015 12:00am
PPP lambastes government

PPP lambastes government

Pakistan Peoples' Party (PPP) Parliamentary Leader in the Senate of Pakistan Senator Saeed Ghani, while severely lambasting the federal government of the PML-N for failing to end or at least reduce the duration of unannounced and prolonged blackouts all o
Published 21 Jun, 2015 12:00am
Imran accuses government of backing power thieves

Imran accuses government of backing power thieves

Chief of Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Saturday declared the unscheduled loadshedding in the country as deplorable and alleged federal government of supporting electricity thieves instead of nabbing them. In a statement issued from Islamaba
Published 21 Jun, 2015 12:00am
Rulers should apologise to nation: Sarwar

Rulers should apologise to nation: Sarwar

Pakistan Tehreek-e-Insaf (PTI) Punjab Organizer Chaudhary Muhammad Sarwar said the rulers should seek an apology from the nation over their complete failure in resolving the burning issues faced by the common man including electricity loadshedding and pri
Published 21 Jun, 2015 12:00am
All previous record of loadshedding broken: Elahi

All previous record of loadshedding broken: Elahi

Pakistan Muslim League (PML) senior central leader and former chief minister Punjab Chaudhry Parvez Elahi has said the government has broken all previous record of loadshedding after giving the faithful good news of no loadshedding at Sehr and Iftar time,
Published 21 Jun, 2015 12:00am
IMSciences wins Rs 21.93 million FIC Fund to set up CEIF

IMSciences wins Rs 21.93 million FIC Fund to set up CEIF

The Institute of Management Sciences (IMSciences), Peshawar won Rs 21.93 million as contribution of Financial Innovation Challenge Fund (FICF) Round on "Promoting Excellence in Islamic Finance," according to a press release issued here on Saturday. The re
Published 21 Jun, 2015 12:00am
Worst power loadshedding hits Swat

Worst power loadshedding hits Swat

Worst power load shedding of over 18 hours is making the lives of the residents of Swat miserable as dozens of power transformers in Mingora city and adjacent areas went out of order. The situation has forced the residents of Shagai to protest. The reside
Published 21 Jun, 2015 12:00am
Different kinds of crimes show sharp increase in Capital
Currency

Different kinds of crimes show sharp increase in Capital

The incidence of different kinds of crimes has witnessed a sharp increase in the city despite tall claims of strict security arrangements made by police, as the various city police stations have registered 10 cases of robberies and six cases of auto theft
Published 21 Jun, 2015 12:00am
Work on establishment of tourist resort at Malam Jabba accelerated

Work on establishment of tourist resort at Malam Jabba accelerated

The construction work on establishment of tourist resort, chairlift and skiing facility at scenic Malam Jabba in Swat, is in full swing, due to practical measures of Khyber Pakhtunkhwa Board of Investment and Trade and Tourism Corporation Khyber Pakhtunkh
Published 21 Jun, 2015 12:00am
DCO Lahore visits Ramazan Bazaars

DCO Lahore visits Ramazan Bazaars

DCO Lahore visited Ramazan Bazaars of China Scheme and Begum Kot and checked quantity and quality of essential commodities. He also went on stalls of diverse essential items and showed his satisfaction on arrangements. He said there was no shortage of any
Published 21 Jun, 2015 12:00am
'Punjab government ensuring provision of quality daily-use items'

'Punjab government ensuring provision of quality daily-use items'

"The Punjab government is taking all out steps to provide quality daily use items to the masses on cheaper rates. Providing relief to the common man during the sacred month of Ramazan is the foremost objective of the government," claimed Punjab Food and A
Published 21 Jun, 2015 12:00am
Man kills two daughters in Gujranwala

Man kills two daughters in Gujranwala

A man on Saturday killed his two daughters and injured wife in Mozah Dhallanwali near Aimanabad after his uncle turned him against his wife for allegedly practicing witchcraft. According to police sources, a factory worker Shafqat killed 7-month-old Haram
Published 21 Jun, 2015 12:00am
Rs 600 million earmarked for Fisheries department projects

Rs 600 million earmarked for Fisheries department projects

The Punjab govt has planned to execute 11 on-going and three new schemes during the financial year 2015-16 for which an allocation of Rs 600 million has been made in the budget. Sources in the provincial Fisheries Department told the Business Recorder
Published 21 Jun, 2015 12:00am
World Bank approves $188 million for Improvement of Guddu Barrage

World Bank approves $188 million for Improvement of Guddu Barrage

The World Bank has approved US $188 million to improve the reliability and safety of the Guddu Barrage and strengthen the Sindh Irrigation Department's capacity to operate and manage the barrages. Sindh Barrages Improvement Project (SBIP) under which the
Published 21 Jun, 2015 12:00am
World Bank approves $188 million for Improvement of Guddu Barrage

World Bank approves $188 million for Improvement of Guddu Barrage

The World Bank has approved US $188 million to improve the reliability and safety of the Guddu Barrage and strengthen the Sindh Irrigation Department's capacity to operate and manage the barrages. Sindh Barrages Improvement Project (SBIP) under which the
Published 21 Jun, 2015 12:00am
Zardari to chair PPP Sindh members' moot in Naudero

Zardari to chair PPP Sindh members' moot in Naudero

Pakistan Peoples Party (PPP) Co-Chairperson Asif Ali Zardari will chair a meeting of party members from Sindh in Naudero on Sunday. Key party members including Nisar Ahmad Khuhro, Sharjeel Memon, Agha Siraj Durrani and Manzoor Wasan will attend the meetin
Published 21 Jun, 2015 12:00am
Two killed in Kalat clash

Two killed in Kalat clash

At least two persons were killed and four others injured in rival groups clash here on Saturday. Levies sources said that armed men belonging to two rival groups hailing from Mangochar area of district Kalat of Balochistan traded fire. In cross firing two
Published 21 Jun, 2015 12:00am
Three suspected terrorists held

Three suspected terrorists held

Security forces raided a house in Qila Abdullah and arrested three suspected terrorists and recovered a huge cache of arms and ammunition. According to details, on a tipoff, the security forces raided a house in Qila Abdullah in Chaman area and arrested t
Published 21 Jun, 2015 12:00am
Textile becoming a thing of the past: APTMA
Cotton

Textile becoming a thing of the past: APTMA

All Pakistan Textile Mills Association is saying it is worried about a declining trend in exports of the textile industry and that the industry is fast becoming a "history since the government has turned its back" on it. "The association has blowing the w
Published 21 Jun, 2015 12:00am
LCCI rejects hike in gas tariff

LCCI rejects hike in gas tariff

The Lahore Chamber of Commerce and Industry on Saturday rejected a proposed increase in gas tariff, warning that it could add unfortunate to the industrial sector and turn local products uncompetitive in the global market. LCCI President Ijaz Mumtaz in a
Published 21 Jun, 2015 12:00am
Rs 3 hike in petrol price likely

Rs 3 hike in petrol price likely

Prices of all the petroleum products except high speed diesel are expected to increase from July 1, 2015. According to official sources, petrol price is going to increase by Rs 3.06 per liter whereas the price of high octane is expected to increase by Rs
Published 21 Jun, 2015 12:00am
PDWP Punjab approves 17 development schemes worth Rs 37.397 billion

PDWP Punjab approves 17 development schemes worth Rs 37.397 billion

The Provincial Development Working Party Punjab has approved 17 development schemes of various development sectors with an estimated cost of Rs 37.397 billion. The PDWP accorded approval to these schemes in its 48th meeting of the current financial year 2
Published 21 Jun, 2015 12:00am
A terror-free Pakistan

A terror-free Pakistan

This refers to 'end objective of a terror-free Pakistan to be accomplished: CoAS' carried by Business Recorder yesterday. According to the report, Chief of Army Staff General Raheel Sharif has avowed that with unflinching national resolve and clear
Published 21 Jun, 2015 12:00am
Some sanity this time in budget

Some sanity this time in budget

The federal government unveiled its fiscal budget for the year 2015-16 with a total outlay of Rs 4.3 trillion. With eyeing 5.5 percent growth, 7.5 percent raise in pays & pensions, a 25 percent increase in medical allowance, rise in minimum wage from Rs 1
Published 21 Jun, 2015 12:00am
A year on, no quick fix to halt IS 'caliphate'

A year on, no quick fix to halt IS 'caliphate'

A year after its establishment, the Islamic State group's self-declared "caliphate" in Syria and Iraq remains well-funded and heavily armed, and experts say it could be around for years to come. The would-be state headed by IS chief Abu Bakr al-Baghdadi -
Published 21 Jun, 2015 12:00am
Budget in elitist economy - II

Budget in elitist economy - II

For the last many years, even legal ways (sic) were provided through amnesties and immunities and favourable SROs (Statutory Regulator Orders) to help the rich and mighty to avoid tax-certainly unscrupulous elements in FBR got their "due share". The high-
Published 21 Jun, 2015 12:00am
Federal budget

Federal budget

A brief look at economic indicators: Before analyzing the budget, it is pertinent to have a look at the state of national economy. According to the Pakistan Economic Survey 2014-15, provisional estimates put GDP growth at 4.24% which is slightly hi
Published 21 Jun, 2015 12:00am
Palestinian split

Palestinian split

The Palestinian unity government, formed a year ago, resigned on Wednesday as the rift between Hamas in Gaza and Fatah in the West Bank deepened during the recent days. It may be recalled that the two sides had gone their separate ways after the 2006 elec
Published 21 Jun, 2015 12:00am
It's time to control passions

It's time to control passions

That one passing remark, and that too not very specific, by the DG Rangers about an unnamed political party involved in terror-financing should draw Asif Ali Zardari's stiff rebuke is something that looks so surreal. The Rangers' statement did not name th
Published 21 Jun, 2015 12:00am
PSDP proposals

PSDP proposals

The proposed Public Sector Development Programme (federal and provincial) for the forthcoming fiscal year envisages a marked increase in reliance on foreign assistance - from 102.2 billion rupees out of the total 525 billion rupees in the current year to
Published 21 Jun, 2015 12:00am
Government is misleading nation on Form 15 issue: Tareen

Government is misleading nation on Form 15 issue: Tareen

Pakistan Tehreek-s-Insaf (PTI) leader Jehangir Tareen on Saturday said that the government is trying to mislead the nation over the Form 15 issue, adding that the supplied copies of the Form 15 are suspicious. Addressing a press conference at his residenc
Published 21 Jun, 2015 12:00am
Railways to purchase 34 modern locomotives from US

Railways to purchase 34 modern locomotives from US

Pakistan Railways is to purchase thirty-four modern locomotives from the US General Electric Company. An MOU to this effect was signed between the two sides in Lahore on Saturday. Federal Minister for Railways Khawaja Saad Rafique also attended the MoU si
Published 21 Jun, 2015 12:00am
'Sasta bazaar' fails to attract many buyers

'Sasta bazaar' fails to attract many buyers

The idea of setting of 'Ramazan Sasta Bazaar', failed to provide any kind of relief to inflation-hit masses in the holy month as no difference in prices of vegetable, fruits, poultry and other edible items, as compared to open market rates was witnessed.
Published 21 Jun, 2015 12:00am
Daska shooting incident: lawyers to observe black day tomorrow

Daska shooting incident: lawyers to observe black day tomorrow

The Pakistan and the Punjab Councils and the Lahore High Court and Bar Associations have said they will mark Monday as 'a black day' against the Daska shooting incident. In a joint press conference held at the office of the Punjab Bar Council on Saturday,
Published 21 Jun, 2015 12:00am
4,076 to be recruited in Punjab police

4,076 to be recruited in Punjab police

On the instructions of Inspector General of Police Punjab, Mushtaq Ahmad Sukhera, 4076 constables will be recruited in Punjab Police. Specialized Protection Unit (SPU) with the purpose to provide the fool proof security to the foreign experts working on v
Published 21 Jun, 2015 12:00am
LPGA castigates increase in prices

LPGA castigates increase in prices

The Liquefied Petroleum Gas Association (LPGA) has castigated the Sui Southern Gas Company (SSGC) for making a hefty increase in the LPG prices and termed it an "anti-masses decision". In a statement issued on Saturday, Liquefied Petroleum Gas boss Farooq
Published 21 Jun, 2015 12:00am
JI chief urges elimination of corruption

JI chief urges elimination of corruption

Chief of Jamaat e Islami, Pakistan Senator Sirajul Haq has said that the national institutions could not be strong and function properly unless corruption is controlled. Speaking at an Iftar dinner in the city, he said that corruption has been spread all
Published 21 Jun, 2015 12:00am
Shahbaz, German envoy discuss projects of gas power plants

Shahbaz, German envoy discuss projects of gas power plants

President and senior officials of a renowned international energy company led by German Ambassador Dr Cyrill Nunn met Punjab Chief Minister Shahbaz Sharif in which co-operation with regard to energy sector particularly projects of gas power plants in Punj
Published 21 Jun, 2015 12:00am
Dr Qadri to come back on June 29

Dr Qadri to come back on June 29

Chairman Pakistan Awami Tehreek (PAT) Tahir-ul-Qadri on Saturday announced his return to Pakistan on June 29. According to private TV channel correspondent, Qadri would leave London on June 28 and would arrive at Lahore airport on June 29 via transit from
Published 21 Jun, 2015 12:00am
Naeem Sheikh murder case: ATC releases accused detained from Nine Zero

Naeem Sheikh murder case: ATC releases accused detained from Nine Zero

Anti-terrorism court (ATC) on Saturday acquitted a target killer Shahid Bashir earlier detained from Nine Zero on police report whereas his aide Nauman Shah was handed over to police on eight-day physical remand in Naeem Sheikh murder case. The two arrest
Published 21 Jun, 2015 12:00am
Three KFH directors sent on 90-day remand to Rangers

Three KFH directors sent on 90-day remand to Rangers

An anti-terrorism court (ATC) in Karachi on Saturday gave the custody of three directors of Fishermen Co-operative Housing Society to Rangers for 90 days. Directors Muhammad Khan Chachar, Kamran Abbasi and Rana Muhammad Shahid were arrested by Rangers ear
Published 21 Jun, 2015 12:00am
Extortionist arrested

Extortionist arrested

-A joint team of CPLC (Citizens Police Liaison Committee) and SIU (Special Investigation Unit) has arrested an extortionist who demanded Rs 2 million from an employee of insurance company. CPLC Sindh received a complaint from an employee of an insurance c
Published 21 Jun, 2015 12:00am
AKUEB launches revamped Middle School Programme

AKUEB launches revamped Middle School Programme

Students exposed to experiential learning are more prepared for the future work environment, which is evolving at an unprecedented speed. Recognising the importance of experiential learning, the Aga Khan University's Examination Board (AKUEB) has launched
Published 21 Jun, 2015 12:00am
Corruption charges mar Sindh Assembly's proceedings

Corruption charges mar Sindh Assembly's proceedings

On the 5th day of general debate on the budget (2015-16) in Sindh Assembly, legislators belonging to Pakistan Muslim League-Functional (PML-F) and ruling Pakistan Peoples Party (PPP) on Saturday accused each other of indulging in corrupt practices. Partic
Published 21 Jun, 2015 12:00am
Altaf slams unscheduled loadshedding

Altaf slams unscheduled loadshedding

The founder and leader of Muttahida Qaumi Movement Altaf Hussain Saturday strongly condemned the unscheduled loadshedding and electricity breakdown throughout the country, including Karachi, during Ramazan amid peak summer days. In a statement issued from
Published 21 Jun, 2015 12:00am
Ubaid K2, Naeem Siddique among five sent on 90-day remand to Rangers

Ubaid K2, Naeem Siddique among five sent on 90-day remand to Rangers

The Anti-Terrorism Court (ATC) on Saturday sent criminals arrested from Muttahida Qaumi Movement (MQM) headquarters Nine-Zero, Ubaid K2 and Naeem Siddique on 90-day remand in Rangers custody. The Rangers presented three accused directors of Fishermen Co-o
Published 21 Jun, 2015 12:00am
Traffic jams become routine

Traffic jams become routine

Worst traffic jams have become a routine on main University Road at Samama Shopping Mall. It has also been observed that no traffic cop is seen on duty to control unruly traffic on this busy thoroughfare. The lawless motorists, especially motorcyclists an
Published 21 Jun, 2015 12:00am
Karachiites face power cut during Sehr

Karachiites face power cut during Sehr

Residents of Karachi are still facing power outage despite the K-electric's tall claims. The citizens were forced to have their Sehr without light. As per details, K-electric made an announcement at 2:00 am on Friday's night pledging to eliminate electric
Published 21 Jun, 2015 12:00am
62nd birth anniversary of Benazir Bhutto today

62nd birth anniversary of Benazir Bhutto today

On the occasion of 62nd birth anniversary of Shaheed Benazir Bhutto on Saturday, I wish to extend heartfelt felicitations to the workers of the Pakistan Peoples' Party indeed to all the democracy-loving people of Pakistan. I wish to especially felicitate
Published 21 Jun, 2015 12:00am
Ramazan-specific items register massive increase

Ramazan-specific items register massive increase

Prices of entire range of Ramazan-specific items witnessed massive increase last week as compared to the preceding week, reveals a survey conducted by Business Recorder here Saturday. The survey observed that the prices of most of vegetables, fruit
Published 21 Jun, 2015 12:00am
Disgruntled PPP leader complains of political victimisation

Disgruntled PPP leader complains of political victimisation

A Daughter of disgruntled PPP leader has appealed higher authority, social activists and Human Rights Organisations to save him and his family members from political victimisation. Daughter of Mahbood Abro, Azadi Abro along with her family members express
Published 21 Jun, 2015 12:00am
Defence analysts slam Zardari's tirade against army

Defence analysts slam Zardari's tirade against army

Though the Pakistan People's Party (PPP) seems to have backtracked from its Co-chairman and former president Asif Ali Zardari's tirade against the military establishment, condemnation by noted defence analysts continued to pouring in newspaper offices. Se
Published 21 Jun, 2015 12:00am
Mango consignment rejected

Mango consignment rejected

Despite taking all possible measures to avoid rejection from the European Union (EU) for fruit/vegetable consignments, the first shipment of mangos has been rejected by the Netherlands. According to a notification issued by ministry of National Food Secur
Published 21 Jun, 2015 12:00am
Mango consignment rejected

Mango consignment rejected

Despite taking all possible measures to avoid rejection from the European Union (EU) for fruit/vegetable consignments, the first shipment of mangos has been rejected by the Netherlands. According to a notification issued by ministry of National Food Secur
Published 21 Jun, 2015 12:00am
Mango consignment rejected

Mango consignment rejected

Despite taking all possible measures to avoid rejection from the European Union (EU) for fruit/vegetable consignments, the first shipment of mangos has been rejected by the Netherlands. According to a notification issued by ministry of National Food Secur
Published 21 Jun, 2015 12:00am
Imran Farooq case: UK investigators may be allowed access to suspects

Imran Farooq case: UK investigators may be allowed access to suspects

Pakistan is likely to give access to British investigation authorities to three main suspects in the murder of Muttahida Qaumi Movement (MQM) founding leader Dr Imran Farooq. Sources in Ministry of Interior said that Pakistan and UK authorities have held
Published 21 Jun, 2015 12:00am
Imran Farooq case: UK investigators may be allowed access to suspects

Imran Farooq case: UK investigators may be allowed access to suspects

Pakistan is likely to give access to British investigation authorities to three main suspects in the murder of Muttahida Qaumi Movement (MQM) founding leader Dr Imran Farooq. Sources in Ministry of Interior said that Pakistan and UK authorities have held
Published 21 Jun, 2015 12:00am
Tens of thousands march against austerity in London

Tens of thousands march against austerity in London

Tens of thousands of people joined an anti-austerity march through central London on Saturday, the first major public protest since Prime Minister David Cameron won last month's general election. Demonstrators, some of whom had travelled from across Brita
Published 21 Jun, 2015 12:00am
Tens of thousands march against austerity in London

Tens of thousands march against austerity in London

Tens of thousands of people joined an anti-austerity march through central London on Saturday, the first major public protest since Prime Minister David Cameron won last month's general election. Demonstrators, some of whom had travelled from across Brita
Published 21 Jun, 2015 12:00am
Turkey slams Belgian Prime Minister over 'Armenian genocide' remarks

Turkey slams Belgian Prime Minister over 'Armenian genocide' remarks

Turkey on Saturday lashed out at Belgian Prime Minister Charles Michel for recognising the massacres of Armenians by Ottoman Turkish forces during World War I as genocide. Michel, the youngest prime minister in Belgium's history, said during a parliamenta
Published 21 Jun, 2015 12:00am
Nigeria LNG exports reach $85 billion in 15 years

Nigeria LNG exports reach $85 billion in 15 years

Nigeria Liquefied Natural Gas Company Limited (NLNG), a joint venture between the government and foreign oil majors, has generated some 85 billion dollars from exports since its inception 15 years ago, the company announced late Friday. "For us, it has be
Published 21 Jun, 2015 12:00am
'Nisar Morai network' collected Rs 350 million from fish harbour

'Nisar Morai network' collected Rs 350 million from fish harbour

Pakistan Rangers Sindh had marched ahead in the process of digging out more clues pertaining to use of black money for funding terrorism. The new developments were linked to ongoing investigations into collection of extortion money and killings of those w
Published 21 Jun, 2015 12:00am
11 units found involved: CREST team unearths massive ST evasion

11 units found involved: CREST team unearths massive ST evasion

The computerised risk-based evaluation of sales tax (CREST) team of the Federal Board of Revenue (FBR) has unearthed massive evasion of sales tax by 11 units, involved in making supplies on the basis of illegal input tax adjustments, denting the national
Published 21 Jun, 2015 12:00am
Hundreds of thousands rally in Rome against gay unions

Hundreds of thousands rally in Rome against gay unions

Hundreds of thousands of Italians gathered in Rome Saturday to demonstrate against gay unions and the teaching of gender theories in schools, as Prime Minister Matteo Renzi tries to push a civil union bill through parliament. Holding aloft banners reading
Published 21 Jun, 2015 12:00am
'Refugees welcome here,' say Berlin demonstrators

'Refugees welcome here,' say Berlin demonstrators

Some 1,800 people took to the streets of Berlin on Saturday to express their solidarity with migrants seeking refuge in Europe and against austerity measures in debt-ridden Greece, local police told AFP. In a demonstration held on World Refugee Day by Ger
Published 21 Jun, 2015 12:00am
Vietnam questions suspected hijackers of Malaysian tanker

Vietnam questions suspected hijackers of Malaysian tanker

Vietnam's marine police on Saturday said they were questioning eight foreigners suspected of being the escaped pirates who commandeered a Malaysian-flagged tanker in the South China Sea for a week. The unarmed men docked on Tho Chu island, off south-west
Published 21 Jun, 2015 12:00am
Power shortfall soars to 6,500 megawatts

Power shortfall soars to 6,500 megawatts

The country''s power shortfall peaked at 6500 MW on Saturday due to unprecedented demand in domestic sector. People came out on the streets in some parts of the country and chanted slogans against the government for unscheduled power outages even during S
Published 21 Jun, 2015 12:00am
Power shortfall soars to 6,500 megawatts

Power shortfall soars to 6,500 megawatts

The country's power shortfall peaked at 6500 MW on Saturday due to unprecedented demand in domestic sector. People came out on the streets in some parts of the country and chanted slogans against the government for unscheduled power outages even during Se
Published 21 Jun, 2015 12:00am
Power shortfall soars to 6,500 megawatts

Power shortfall soars to 6,500 megawatts

The country's power shortfall peaked at 6500 MW on Saturday due to unprecedented demand in domestic sector. People came out on the streets in some parts of the country and chanted slogans against the government for unscheduled power outages even during Se
Published 21 Jun, 2015 12:00am
Special body yet to finalise report on GIDC anomalies

Special body yet to finalise report on GIDC anomalies

The Ministry of Petroleum and Natural Resources has decided to stop collecting Gas Infrastructure Development Cess (GIDC) from those industrial units, which were not paying it under the pervious GIDC Act, till a special committee finalises its report on G
Published 21 Jun, 2015 12:00am
Special body yet to finalise report on GIDC anomalies

Special body yet to finalise report on GIDC anomalies

The Ministry of Petroleum and Natural Resources has decided to stop collecting Gas Infrastructure Development Cess (GIDC) from those industrial units, which were not paying it under the pervious GIDC Act, till a special committee finalises its report on G
Published 21 Jun, 2015 12:00am
Special body yet to finalise report on GIDC anomalies

Special body yet to finalise report on GIDC anomalies

The Ministry of Petroleum and Natural Resources has decided to stop collecting Gas Infrastructure Development Cess (GIDC) from those industrial units, which were not paying it under the pervious GIDC Act, till a special committee finalises its report on G
Published 21 Jun, 2015 12:00am
SBP for lowering Super Tax to three percent

SBP for lowering Super Tax to three percent

The State Bank of Pakistan (SBP) has proposed that the rate of Super Tax be reduced from 4 to 3 percent through Finance Act 2015 for providing level playing field to all corporate entities including the banking sector. It is learnt that the SBP has submit
Published 21 Jun, 2015 12:00am
SBP for lowering Super Tax to three percent

SBP for lowering Super Tax to three percent

The State Bank of Pakistan (SBP) has proposed that the rate of Super Tax be reduced from 4 to 3 percent through Finance Act 2015 for providing level playing field to all corporate entities including the banking sector. It is learnt that the SBP has submit
Published 21 Jun, 2015 12:00am
SBP for lowering Super Tax to three percent

SBP for lowering Super Tax to three percent

The State Bank of Pakistan (SBP) has proposed that the rate of Super Tax be reduced from 4 to 3 percent through Finance Act 2015 for providing level playing field to all corporate entities including the banking sector. It is learnt that the SBP has submit
Published 21 Jun, 2015 12:00am
SBP for lowering Super Tax to three percent

SBP for lowering Super Tax to three percent

The State Bank of Pakistan (SBP) has proposed that the rate of Super Tax be reduced from 4 to 3 percent through Finance Act 2015 for providing level playing field to all corporate entities including the banking sector. It is learnt that the SBP has submit
Published 21 Jun, 2015 12:00am
'United we stand: PPP mulling offering key ministries to MQM

'United we stand: PPP mulling offering key ministries to MQM

Pakistan People's Party is wooing Muttahida Qaumi Movement (MQM) again to join the Sindh government with the offer of some key ministries to enable them to take a joint stand against the ongoing operation in Karachi. A senior member of the PPP told Bus
Published 21 Jun, 2015 12:00am
'United we stand: PPP mulling offering key ministries to MQM

'United we stand: PPP mulling offering key ministries to MQM

Pakistan People's Party is wooing Muttahida Qaumi Movement (MQM) again to join the Sindh government with the offer of some key ministries to enable them to take a joint stand against the ongoing operation in Karachi. A senior member of the PPP told Bus
Published 21 Jun, 2015 12:00am
Asif claims he''s controlling loadshedding

Asif claims he''s controlling loadshedding

Federal Minister for Water and Power Khawaja Asif on Saturday said that the Ministry of Water and Power has controlled loadshedding through vigorous monitoring and load management during Iftar, Tarawee, Sehri. In a statement issued here, the Federal Minis
Published 21 Jun, 2015 12:00am
Asif claims he's controlling loadshedding

Asif claims he's controlling loadshedding

Federal Minister for Water and Power Khawaja Asif on Saturday said that the Ministry of Water and Power has controlled loadshedding through vigorous monitoring and load management during Iftar, Tarawee, Sehri. In a statement issued here, the Federal Minis
Published 21 Jun, 2015 12:00am
Asif claims he's controlling loadshedding

Asif claims he's controlling loadshedding

Federal Minister for Water and Power Khawaja Asif on Saturday said that the Ministry of Water and Power has controlled loadshedding through vigorous monitoring and load management during Iftar, Tarawee, Sehri. In a statement issued here, the Federal Minis
Published 21 Jun, 2015 12:00am
Abid Sher Ali apologises to nation for unscheduled loadshedding

Abid Sher Ali apologises to nation for unscheduled loadshedding

State Minister for Water and Power Abid Sher Ali on Saturday apologised the nation over the difficulties faced by them during first Ramazan due to unscheduled loadshedding. Abid Sher Ali reached FESCO headquarters at Sehr time where he briefed the media r
Published 21 Jun, 2015 12:00am
Abid Sher Ali apologises to nation for unscheduled loadshedding

Abid Sher Ali apologises to nation for unscheduled loadshedding

State Minister for Water and Power Abid Sher Ali on Saturday apologised the nation over the difficulties faced by them during first Ramazan due to unscheduled loadshedding. Abid Sher Ali reached FESCO headquarters at Sehr time where he briefed the media r
Published 21 Jun, 2015 12:00am
Abid Sher Ali apologises to nation for unscheduled loadshedding

Abid Sher Ali apologises to nation for unscheduled loadshedding

State Minister for Water and Power Abid Sher Ali on Saturday apologised the nation over the difficulties faced by them during first Ramazan due to unscheduled loadshedding. Abid Sher Ali reached FESCO headquarters at Sehr time where he briefed the media r
Published 21 Jun, 2015 12:00am
Power shortages to persist, top official tells Prime Minister

Power shortages to persist, top official tells Prime Minister

Power crisis will persist, Prime Minister Nawaz Sharif was informed by Secretary Water and Power, till such a time as demand declines to narrow the shortfall. A two-paragraph statement issued by the Prime Minister Office after briefing by Secretary Water
Published 21 Jun, 2015 12:00am
Power shortages to persist, top official tells Prime Minister

Power shortages to persist, top official tells Prime Minister

Power crisis will persist, Prime Minister Nawaz Sharif was informed by Secretary Water and Power, till such a time as demand declines to narrow the shortfall. A two-paragraph statement issued by the Prime Minister Office after briefing by Secretary Water
Published 21 Jun, 2015 12:00am
Power shortages to persist, top official tells Prime Minister

Power shortages to persist, top official tells Prime Minister

Power crisis will persist, Prime Minister Nawaz Sharif was informed by Secretary Water and Power, till such a time as demand declines to narrow the shortfall. A two-paragraph statement issued by the Prime Minister Office after briefing by Secretary Water
Published 21 Jun, 2015 12:00am
The Weather

The Weather

The weather report on Saturday (June 20, 2015) and the forecast for Sunday (June 21, 2015).

Published 21 Jun, 2015 12:00am
Previous Day