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Print - 2015-10-28
Amit Mishra gets bail after assault arrest

Amit Mishra gets bail after assault arrest

Indian leg-spinner Amit Mishra was arrested on Tuesday and later released on bail for allegedly assaulting a woman filmmaker in his hotel room, police said. The woman, reportedly a friend of the 32-year-old cricketer, lodged a complaint with police over t
Published 28 Oct, 2015 12:00am
Sharapova floors Halep

Sharapova floors Halep

Maria Sharapova emphatically declared her return to form after months of injury problems on Tuesday as she beat top seed Simona Halep 6-4, 6-4 at the WTA finals in Singapore. Sharapova showed few signs of rust or fitness problems but she had to overcome a
Published 28 Oct, 2015 12:00am
Hewitt named Australia Davis Cup captain

Hewitt named Australia Davis Cup captain

Retiring veteran Lleyton Hewitt was Tuesday appointed Australia's new Davis Cup captain, succeeding interim skipper Wally Masur. The 34-year-old, who is calling it quits after his 20th consecutive Australian Open in January, has been positioned for the ro
Published 28 Oct, 2015 12:00am
Pakistan Women's 'A' team to tour Sri Lanka next month

Pakistan Women's 'A' team to tour Sri Lanka next month

Pakistan Women's "A" team will tour Sri Lanka next month, Pakistan Cricket Board (PCB) announced on Tuesday. During the tour Pakistan women's team will play three One Dayers and as many Twenty20 matches on their tour which starts on November 12 and ends o
Published 28 Oct, 2015 12:00am
Warne wants to train with Yasir Shah

Warne wants to train with Yasir Shah

Legendary Australian leg-spinner Shane Warne on Tuesday said he would like to train with fast-rising Pakistan spinner Yasir Shah in the nets, a wish Pakistan management welcomed. Warne, on a promotional tour to United Arab Emirates (UAE), said he believes
Published 28 Oct, 2015 12:00am
Nepal kicked out of youth tournament for over-age player

Nepal kicked out of youth tournament for over-age player

Nepal have been kicked out of the Asian Football Confederation's under-16 championships in India next year after being found guilty of fielding an over-age player in the qualifying tournament. The AFC said an unnamed player had been deemed ineligible afte
Published 28 Oct, 2015 12:00am
Warner gives thumbs up for first New Zealand Test

Warner gives thumbs up for first New Zealand Test

Australia opening batsman David Warner will Test out his thumb in the domestic Sheffield Shield competition this week ahead of the opening Test against New Zealand. Warner broke his thumb on tour in England and after a long stint on the sidelines will fin
Published 28 Oct, 2015 12:00am
Sangakkara joins PSL

Sangakkara joins PSL

Star batsman Kumar Sangakarra is the latest player to sign up with the Pakistan Super League (PSL), making himself available for the player draft set to take place in December, Pakistan Cricket Board (PCB) announced on Tuesday. Former Sri Lankan captain,
Published 28 Oct, 2015 12:00am
Dubai good for Test cricket, says Waqar

Dubai good for Test cricket, says Waqar

Pakistan's head coach Waqar Younis Tuesday argued Dubai Test was a good advertisement for Test cricket, stressing there were no fears for the longer format of the game. Pakistan pulled off an exciting last minute win over England by 178 runs in the second
Published 28 Oct, 2015 12:00am
England competed on equal terms: coach Bayliss

England competed on equal terms: coach Bayliss

England coach Trevor Bayliss Tuesday said his team competed against Pakistan on equal terms and need to do the same to level the series in the third and final Test in Sharjah later this week. England lost the second Test against Pakistan by 178 runs in Du
Published 28 Oct, 2015 12:00am
UN resumes food aid for Syrian refugees in Jordan

UN resumes food aid for Syrian refugees in Jordan

The UN food agency said Tuesday it had resumed assistance to hundreds of thousands of Syrian refugees in Jordan, a month after suspending aid over a lack of funds. "We stopped assistance in September because we did not have the money," said Jonathan Campb
Published 28 Oct, 2015 12:00am
Russian says soldier killed himself in first loss of Syria campaign

Russian says soldier killed himself in first loss of Syria campaign

Russia's military on Tuesday said that a soldier had killed himself while on duty in Syria, the first confirmed death of a serviceman in the war-torn country since Moscow launched its bombing campaign last month. The defence ministry in Moscow did not ide
Published 28 Oct, 2015 12:00am
Juncker offers budget leeway to cover refugee crisis

Juncker offers budget leeway to cover refugee crisis

European Commission head Jean-Claude Juncker on Tuesday offered some leeway on strict EU budget rules for member states struggling to cope with the costs of the migrant crisis. The Commission is the enforcer of sound government finances in the 28-nation E
Published 28 Oct, 2015 12:00am
Congress and White House strike budget deal

Congress and White House strike budget deal

The Republican majority in Congress and the White House reached agreement Monday on a rare budget compromise which, if adopted, would remove the risk of default for the rest of the presidency of Barack Obama. Republicans in the House of Representatives un
Published 28 Oct, 2015 12:00am
Iran parliament passes fair play election rules

Iran parliament passes fair play election rules

Iran's parliament passed new rules Tuesday said to ensure fair play in upcoming elections that will bar top officials, including President Hassan Rouhani, from publicly endorsing candidates. The measures still have to be approved by the country's Guardian
Published 28 Oct, 2015 12:00am
Britain to keep troops in Afghanistan into 2016: minister

Britain to keep troops in Afghanistan into 2016: minister

Britain will keep its current level of 450 troops on non-combat missions in Afghanistan through 2016, Defence Secretary Michael Fallon said in a written statement to parliament on Tuesday. The announcement comes after the United States earlier this month
Published 28 Oct, 2015 12:00am
Carson nips Trump in US Republican White House race: poll

Carson nips Trump in US Republican White House race: poll

Ben Carson has edged ahead of Donald Trump nationally in the US battle for the Republican presidential nomination, a new poll showed Tuesday, the latest sign of slippage for the brash billionaire. The results mark the first time Trump has been dislodged f
Published 28 Oct, 2015 12:00am
Chile recalls ambassador to Peru

Chile recalls ambassador to Peru

Chile recalled its ambassador to Peru Tuesday over a border dispute involving a tiny piece of territory claimed by both countries, the latest flare-up in diplomatic tensions between the neighbours. "I'm here for consultations," Ambassador Roberto Ibarra t
Published 28 Oct, 2015 12:00am
Israel jails Islamic cleric for 11 months for incitement

Israel jails Islamic cleric for 11 months for incitement

An Israeli court on Tuesday upheld a conviction of firebrand Islamic cleric Raed Salah and jailed him for 11 months for allegedly inciting violence over Jerusalem's Al-Aqsa mosque in 2007. Salah is leader of the radical northern wing of the Islamic Moveme
Published 28 Oct, 2015 12:00am
15-year-old released on bail in TalkTalk hacking probe

15-year-old released on bail in TalkTalk hacking probe

A 15-year-old boy arrested in connection with a cyber attack on British Internet and telephone provider TalkTalk has been released on bail, police said Tuesday. The boy was detained in a raid on Monday in Northern Ireland and questioned over the attack, i
Published 28 Oct, 2015 12:00am
EU, Kosovo sign key accord on closer ties

EU, Kosovo sign key accord on closer ties

The European Union signed a long-awaited accord with Kosovo on Tuesday that will lead to closer ties and could open the way to EU membership for the small Balkan country. Kosovo declared independence from Serbia in 2008 after years of tensions following t
Published 28 Oct, 2015 12:00am
Egyptians return to vote in election run-off

Egyptians return to vote in election run-off

Egyptians cast their ballots Tuesday in a first round run-off of a parliamentary vote expected to elect lawmakers firmly backing President Abdel Fattah al-Sisi in the absence of any opposition. Turnout for the first round of voting held in 14 of Egypt's 2
Published 28 Oct, 2015 12:00am
Portuguese left scoffs as PM unveils minority government

Portuguese left scoffs as PM unveils minority government

Portuguese centre-right leader Pedro Passos Coelho on Tuesday unveiled a minority government following inconclusive elections, but the opposition Socialist Party (PS) threatened to bring it down within days. "It's a government that has no future and knows
Published 28 Oct, 2015 12:00am
World Bank to aid Greece

World Bank to aid Greece

The World Bank is planning financial aid for Greece through its private-sector arm, stepping outside its traditional role of supporting low-income countries, a Bank official told AFP on Tuesday. The World Bank provided technical assistance to Greece in 20
Published 28 Oct, 2015 12:00am
ECP tells IHC: changes in delimitations to hurt scheduled elections

ECP tells IHC: changes in delimitations to hurt scheduled elections

The Election Commission of Pakistan (ECP) on Tuesday submitted its reply against the identical petitions regarding local government elections in federal capital filed by Pakistan Tehreek-e-Insaf (PTI) and others in Islamabad High Court (IHC). A division b
Published 28 Oct, 2015 12:00am
Baloch leaves for European tour

Baloch leaves for European tour

Secretary General, Jamaat-e-Islami, Liaqat Baloch, has left on a 12-day tour to Europe and Scandinavian countries. He is scheduled to visit Turkey, Germany, Norway, Denmark and Italy. In Turkey, he would meet the Turkish leadership during the last stage o
Published 28 Oct, 2015 12:00am
NA-154 case: Supreme Court summons Siddique Baloch

NA-154 case: Supreme Court summons Siddique Baloch

The Supreme Court on Tuesday summoned Siddique Khan Baloch, the rival candidate of Pakistan Tehreek-e-Insaf's Jehangir Khan Tareen from NA-154 (Lodhran-1), to appear before the court in person on Wednesday. Baloch had challenged the verdict of an election
Published 28 Oct, 2015 12:00am
Two executed

Two executed

According to jail authorities, two death row prisoners were executed in different jails, here on Tuesday. As per details, a death row prisoner Abdul Majeed was hanged at Dera Ghazi Khan District Jail. He was convicted of murdering his brother and nephew o
Published 28 Oct, 2015 12:00am
Earthquake-hit areas: rescue, relief operations in full swing: KP CM

Earthquake-hit areas: rescue, relief operations in full swing: KP CM

Chief Minister Khyber Pakhtunkhwa Pervez Khattak stressed that formulation of comprehensive preventive and preparedness strategy to mitigate catastrophic effects of earthquakes and other natural calamities has now become inevitable after recent horrifying
Published 28 Oct, 2015 12:00am
Administration directed for early assessment of losses

Administration directed for early assessment of losses

Khyber Pakhtunkhwa Minister for Elementary and Secondary Education, Mohammad Atif Khan has directed health authorities and district administration Mardan for provision of better treatment facilities to those injured in the devastated earthquake and carry
Published 28 Oct, 2015 12:00am
Treason case: court turns down federation's plea

Treason case: court turns down federation's plea

A special court, trying former army chief and President Pervez Musharraf for treason, on Tuesday turned down the plea of federation's counsel to resume the proceedings of the case sans impleading three civilians. A three-member special court led by Justic
Published 28 Oct, 2015 12:00am
Nishat Power Limited

Nishat Power Limited

Nishat Power Limited is the third independent power producer (IPP), which was incorporated as a public limited company in 2007 under the Power Policy 2002, after Attock and Atlas. This IPP is a subsidiary of Nishat Mills Limited of Nishat Group. Nishat Gr
Published 28 Oct, 2015 12:00am
Nishat Power Limited

Nishat Power Limited

Nishat Power Limited is the third independent power producer (IPP), which was incorporated as a public limited company in 2007 under the Power Policy 2002, after Attock and Atlas. This IPP is a subsidiary of Nishat Mills Limited of Nishat Group. Nishat Gr
Published 28 Oct, 2015 12:00am
SU awards MS, MPhil & PhD degrees to 45 scholars

SU awards MS, MPhil & PhD degrees to 45 scholars

Board of Advanced studies and research, University of Sindh, has approved to award MS, MPhil and PhD degrees to 45 scholars in various disciplines. It was decided in a meeting of the board presided over by Professor Dr Abida Taherani, Vice Chancellor, Uni
Published 28 Oct, 2015 12:00am
UN, US condole quake casualties

UN, US condole quake casualties

The United Nations and the US on Tuesday offered their deepest condolences over the loss of precious lives and the destruction in Pakistan and Afghanistan caused by the earthquake that severely rocked the two countries. UN Secretary General Ban Ki-moon ex
Published 28 Oct, 2015 12:00am
Imran visits the injured at LRH

Imran visits the injured at LRH

PTI Chief Imran Khan on Tuesday visited Lady Reading Hospital to review emergency situation where he inquired after health of quake injured. Accompanied by the Chief Minister KP Pervez Khattak and Special Assistant to the CM on Information and Higher Educ
Published 28 Oct, 2015 12:00am
India wants to discuss only terrorism, National Assembly body told

India wants to discuss only terrorism, National Assembly body told

Foreign Office on Tuesday told a parliamentary panel that Pakistan was ready to hold talks with India on all outstanding issues with Kashmir as compulsory agenda item but India only wants to discuss the issue of terrorism. Director General South Asia Divi
Published 28 Oct, 2015 12:00am
FBR's decision to form regional bodies hailed

FBR's decision to form regional bodies hailed

The formation of Regional Committees by the Federal Board of Revenue to establish liaison between the traders and the tax collectors is surely a confidence building measure. These thoughts were shared by prominent trade representatives in a meeting, chair
Published 28 Oct, 2015 12:00am
SECP formulates draft Insurance Rules 2015

SECP formulates draft Insurance Rules 2015

The Securities and Exchange Commission of Pakistan (SECP) has decided to issue a consolidated set of insurance rules for the effective regulation of the insurance sector in Pakistan. In this context, the SECP has formulated draft Insurance Rules, 2015 whi
Published 28 Oct, 2015 12:00am
EDCF framework agreement: South Korean envoy spells out projects

EDCF framework agreement: South Korean envoy spells out projects

Korea is helping Pakistan to achieve the miracle of the Indus River with the Economic Development Co-operation Fund (EDCF), stated Dr Song Jong-Hwan Ambassador of South Korea at Rotary Club Islamabad Cosmopolitan. He said EDCF framework agreement amountin
Published 28 Oct, 2015 12:00am
Kashmiris observe 'black day'

Kashmiris observe 'black day'

Kashmiris across the Line of Control (LoC) observed Black Day against the Indian occupation of Kashmir amid a renewed pledge to continue their struggle for the right to self-determination. Prime Minister of Azad Jammu & Kashmir said here on Tuesday that t
Published 28 Oct, 2015 12:00am
NLC ready to assist Army, NDMA

NLC ready to assist Army, NDMA

In the wake of severe earthquake, National Logistics Cell (NLC) has mobilized its assets to assist Pakistan Army and National Disaster Management Authority (NDMA) in rescue and rehabilitation efforts. According to a press release, NLC's spokesman said tha
Published 28 Oct, 2015 12:00am
PN Chief for all possible relief

PN Chief for all possible relief

Chief of the Naval Staff Admiral Muhammad Zakaullah while expressing grief over the catastrophe has directed Pakistan Navy to accord highest priority and provide all possible relief and rehabilitation support to the affectees of recent earthquake. He also
Published 28 Oct, 2015 12:00am
PIA activates ERC to facilitate relief efforts

PIA activates ERC to facilitate relief efforts

Pakistan International Airlines (PIA) has activated its Emergency Response Centre (ERC) at Karachi, Islamabad, Lahore and Peshawar to facilitate relief efforts for the residents affected by the devastating earthquake. According to PIA officials, airline e
Published 28 Oct, 2015 12:00am
Aftershocks felt in Quetta

Aftershocks felt in Quetta

Aftershocks were felt in the provincial capital in wee hours of Tuesday following the Monday's earthquake. According to Seismic Centre, the intensity of aftershocks was 4.2 magnitudes and the epicentre of the earthquake was Koh Hindukash. No loss of life
Published 28 Oct, 2015 12:00am
Traders, industrialists vow support to quake victims

Traders, industrialists vow support to quake victims

Trades and industrialists while expressing grief over the devastations caused by the earthquake have urged businessmen and general public to come forward to help and provide all possible relief to the affectees. President North Karachi Association of Trad
Published 28 Oct, 2015 12:00am
Shahbaz announces Rs 1.3 million for quake victims

Shahbaz announces Rs 1.3 million for quake victims

Punjab Chief Minister Shahbaz Sharif visited Dostpura, Kasur on Tuesday and met earthquake affectees and assured them all-out help and assistance. He announced financial assistance of Rs 1.3 million for the earthquake affectees also. He said that earthqua
Published 28 Oct, 2015 12:00am
Survivors relive trauma of 2005 disaster

Survivors relive trauma of 2005 disaster

The massive earthquake that hit Pakistan and Afghanistan Monday caused panic among survivors of a 2005 quake disaster, with parents describing frantic efforts to reach their children for fear "doomsday" had come again. On October 8, 2005 a 7.6 magnitude q
Published 28 Oct, 2015 12:00am
CDA decides to revisit existing building codes

CDA decides to revisit existing building codes

The Capital Development Authority (CDA) has decided to revisit the existing building codes under which Islamabad was placed under Zone II-B which enables buildings to withstand earthquake having intensity of up to 6.5 to 6.8 on Richter scale, following Oc
Published 28 Oct, 2015 12:00am
Korean envoy pledges support through global organizations

Korean envoy pledges support through global organizations

Korean Ambassador Dr Song Jong Hwan has expressed deep grief over the devastated earthquake that jolted Pakistan specially Khyber Pakhtunkhwa on Monday and pledged support to the affected families through international organisations. Korean envoy was on a
Published 28 Oct, 2015 12:00am
Cricketers promise support

Cricketers promise support

Shocked cricketers pledged their support to the relief effort in the wake of the massive earthquake on Monday that left more than 300 people dead in the country. The 7.5 magnitude quake hit Afghanistan and north-west Pakistan, and the current confirmed de
Published 28 Oct, 2015 12:00am
Robbers kill two cops in Karachi

Robbers kill two cops in Karachi

Two policemen were killed in an exchange of fire with robbers here on Tuesday. The cops deployed for the security of a senior lawyer in Haidri, north Nazimabad chased robbers who were fleeing after committing a robbery in the locality. An exchange of fire
Published 28 Oct, 2015 12:00am
US Embassy organises camp on cricket skills

US Embassy organises camp on cricket skills

Sports programmes can play a vital role in breaking barriers between police and the community besides strengthening community policing in Pakistan, said visiting officers from New York Police Department's (NYPD) Community Affairs Bureau. Speaking at a you
Published 28 Oct, 2015 12:00am
Orientation session held at UET Jalozai Campus

Orientation session held at UET Jalozai Campus

In a simple but well organised Orientation Ceremony, the newly inducted students for the new academic session 2015-16 were welcomed at the Jalozai Campus of University of Engineering and Technology (UET), Peshawar. Dean Faculty of Engineering, Dr Professo
Published 28 Oct, 2015 12:00am
'Kashmir black day' observed in Sri Lanka

'Kashmir black day' observed in Sri Lanka

Kashmir Black Day was observed in Sri Lanka urging the United Nation to implement its resolutions on Kashmir to solve the issue in accordance with the aspirations of people of the state. The Secretary General of the United Nations was urged to encourage,
Published 28 Oct, 2015 12:00am
ISE AGM approves integration scheme

ISE AGM approves integration scheme

Islamabad Stock Exchange (ISE) held an Annual General Meeting of its shareholders, here on Tuesday. The AGM was held to consider and adopt a special resolution to approve the Scheme of Integration of ISE with KSE and change the name of ISE to ISE REIT Man
Published 28 Oct, 2015 12:00am
Pakistan investment conference to be held in Capital on November 4

Pakistan investment conference to be held in Capital on November 4

In a bid to attract foreign investment, the Board of Investment (BoI), the top investment promotion agency, is organizing a two-day-long 'Pakistan Investment Conference 2015' in Islamabad on November 4-5. An official of the BoI told Business Recorder <
Published 28 Oct, 2015 12:00am
Leather embroidery art 100 trainees complete training

Leather embroidery art 100 trainees complete training

Around 100 trainees comprising five batches have successfully completed skill training in arts of Leather Embroidery, hand-loom weaving District Charsadda and Mardan under the Skill Enhancement and Livelihood Initiative project. According to a press relea
Published 28 Oct, 2015 12:00am
World peace not possible sans liberation of Kashmir: JI chief

World peace not possible sans liberation of Kashmir: JI chief

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has urged the rulers and the people of Pakistan and Azad Kashmir to jointly observe the year 2016 as the year of the liberation of Kashmir and added that world peace was not possible without the lib
Published 28 Oct, 2015 12:00am
Professor Noshad assumes charge as VC DUHS

Professor Noshad assumes charge as VC DUHS

Professor Noshad A Shaikh here on Tuesday assumed his responsibility as Vice Chancellor of Dow University of Health Sciences (DUHS). The appointment of Dr Shaikh against the given post has been made for a period of four years. According to a notification,
Published 28 Oct, 2015 12:00am
Inter-Switch transactions: SBP waives ATM charges for TDPs

Inter-Switch transactions: SBP waives ATM charges for TDPs

The State Bank of Pakistan (SBP) Tuesday announced waiver of Inter-Switch Fee/Charges on ATM transactions for Temporarily Displaced Persons (TDPs) of North Waziristan Agency. According to PSD Circular Letter No 03 of 2015, government of Pakistan has sanct
Published 28 Oct, 2015 12:00am
Navy begins anti-oil spill exercise at Karachi

Navy begins anti-oil spill exercise at Karachi

Pakistan Navy looks after the Marine Pollution aspects in Pakistan waters including ports, harbours and Exclusive Economic Zone (EEZ). After the catastrophic incident of massive oil spillage at Karachi by MV Tasman Spirit in 2003, a need was felt for form
Published 28 Oct, 2015 12:00am
EBM supports theatre play 'Siachen'

EBM supports theatre play 'Siachen'

Pakistan's leading biscuit manufacturer, English Biscuit Manufacturers (Pvt) Limited (EBM) has been a consistent patron of the local theatrical industry. Maintaining their stance, EBM has once again extended their support to the local entertainment indust
Published 28 Oct, 2015 12:00am
Sindh Microfinance Bank gets license

Sindh Microfinance Bank gets license

Sindh Microfinance Bank a wholly-owned subsidiary of Sindh Bank Ltd gets banking license from State Bank of Pakistan to operate as a provincial level bank in Sindh. Sindh Microfinance Bank having its head office in Karachi was incorporated in March this y
Published 28 Oct, 2015 12:00am
10 percent RD on cotton yarn import rejected
Cotton

10 percent RD on cotton yarn import rejected

Value-added textile sector has harshly reacted to the government's decision to slap 10 percent regulatory duty on cotton yarn import from India, effective from November 1, 2015, saying the move left National Tariff Commission (NTC) irrelevant. Talking to
Published 28 Oct, 2015 12:00am
Two to 4 percent Pakistanis affected by psoriasis: skin expert

Two to 4 percent Pakistanis affected by psoriasis: skin expert

More than 125 million people worldwide are affected by Psoriasis, said Dr Nadim Siddiqui, Member of Pakistan Association of Dermatology and International Society of Dermatology. Speaking to media persons at Karachi Press Club on Tuesday, Dr Nadim said two
Published 28 Oct, 2015 12:00am
Ziyad Habib to represent Pakistan at Red Bull Music Academy

Ziyad Habib to represent Pakistan at Red Bull Music Academy

At this year's Red Bull Music Academy 61 participants from 37 countries will gather at la Gaîtélyrique in Paris. Selected by a jury out of 4,509 applications, this year's class is composed of producers, DJs, instrumentalists, vocalists and composers from
Published 28 Oct, 2015 12:00am
ICI Pakistan records 35 percent increase in profit in Q1

ICI Pakistan records 35 percent increase in profit in Q1

ICI Pakistan Limited recorded a substantial growth in profit after tax in the first quarter of 2015-16 at Rs 475 million, the profit after tax is 35 percent higher than the same period last year. The company has prospered on the back of higher operating p
Published 28 Oct, 2015 12:00am
ICI Pakistan records 35 percent increase in profit in Q1

ICI Pakistan records 35 percent increase in profit in Q1

ICI Pakistan Limited recorded a substantial growth in profit after tax in the first quarter of 2015-16 at Rs 475 million, the profit after tax is 35 percent higher than the same period last year. The company has prospered on the back of higher operating p
Published 28 Oct, 2015 12:00am
PPP Overseas: Malik briefs Bilawal on organisational matters

PPP Overseas: Malik briefs Bilawal on organisational matters

President PPP Overseas Senator Dr Rehman Malik and MPA Makhdoom Rafiq-uz-Zaman called on Bilawal Bhutto Zardari, Chairman Pakistan Peoples' Party at Bilawal House separately on Tuesday. Senator Malik gave briefing about the organisational matters of the P
Published 28 Oct, 2015 12:00am
LB polls: election campaign in Punjab gaining momentum

LB polls: election campaign in Punjab gaining momentum

As the local bodies elections near, the election campaign in 12 districts in the Punjab is gaining momentum, with candidates trooping door-to-door to drum up public support. As many as 40,429 candidates are in the run for offices of chairmen, vice chairme
Published 28 Oct, 2015 12:00am
Shahbaz hails media's role towards strengthening democracy

Shahbaz hails media's role towards strengthening democracy

Punjab Chief Minister Shahbaz Sharif has said that role of media has become more important in the present circumstances. He said that media has played a positive role for the strengthening of democracy and promotion of democratic values in the country. He
Published 28 Oct, 2015 12:00am
Turkey World Trade Bridge 2015: businessmen asked to take part

Turkey World Trade Bridge 2015: businessmen asked to take part

Pakistani entrepreneurs should ensure their participation in international trade fairs and exhibitions like 24th Turkey World Trade Bridge 2015 to get awareness about the day-by-day changing global trends. It would not only enable them to expand their own
Published 28 Oct, 2015 12:00am
Corporate sector: WWF-Pakistan introduces water stewardship standards

Corporate sector: WWF-Pakistan introduces water stewardship standards

WWF-Pakistan in collaboration with Nestlé Pakistan on Tuesday launched Alliance for Water Stewardship (AWS) Standards aimed at to drive best water management practices within industrial operations and at the governance level. The standards are being imple
Published 28 Oct, 2015 12:00am
PASDEC to participate in investment conference

PASDEC to participate in investment conference

Pakistan Stone Development Company (PASDEC) will participate in Pakistan Investment Conference being held in Islamabad from 4th to 5th November to attract foreign investment in marble and granite sector. More than 300 prominent foreign and local investors
Published 28 Oct, 2015 12:00am
NIB Bank results show 329 percent growth in operating profit in Q3

NIB Bank results show 329 percent growth in operating profit in Q3

NIB Bank announced financial results for Q3 2015 on Wednesday, 21 October 2015. For the nine months ended 30 September 2015, the Bank has posted an operating profit of Rs 3.67 billion compared to an operating profit of Rs 857 million for the same period l
Published 28 Oct, 2015 12:00am
NIB Bank results show 329 percent growth in operating profit in Q3

NIB Bank results show 329 percent growth in operating profit in Q3

NIB Bank announced financial results for Q3 2015 on Wednesday, 21 October 2015. For the nine months ended 30 September 2015, the Bank has posted an operating profit of Rs 3.67 billion compared to an operating profit of Rs 857 million for the same period l
Published 28 Oct, 2015 12:00am
LB elections Punjab government imposes gun ban on 12 districts

LB elections Punjab government imposes gun ban on 12 districts

Punjab Chief Minister Muhammad Shahbaz Sharif presided over a high level meeting, here Tuesday, which decided to impose a ban on display and carrying of firearms in 12 districts of the province in the first phase of local bodies' elections. This ban impos
Published 28 Oct, 2015 12:00am
Zain murder case: ATC acquits Mustafa Kanju, others

Zain murder case: ATC acquits Mustafa Kanju, others

An anti-terrorism court headed by Judge Muhammad Qasim (ATC) of Lahore acquitted main accused Mustafa Kanju and four others in the murder case of 13-year-old Zain Rauf due to lack of evidence on Wednesday.
Published 28 Oct, 2015 12:00am
SNGPL rejects PEW's claim

SNGPL rejects PEW's claim

"We refer to a press clipping published by Business Recorder, Lahore," dated 24-10-2015 under the heading "PEW Criticizes SNGPL for Rising Gas Tariff by 47 pc".
Published 28 Oct, 2015 12:00am
25 local leaders of PML-N,: PML-Q join PTI

25 local leaders of PML-N,: PML-Q join PTI

As many as 25 leaders of the PML-N party and the Pakistan Muslim League-Quaid-i-Azam, including two former members of the Punjab Assembly, have joined the Pakistan Tehreek-e-Insaf. On Tuesday, former governing party member of the Punjab Assembly Khalid Pe
Published 28 Oct, 2015 12:00am
Three-day IOT begins at UAF

Three-day IOT begins at UAF

Three-day Indigenous On-campus Training (IOT) at the University of Agriculture Faisalabad has begun. The training is arranged by Office of Research, Innovations and Commercialisation (ORIC), UAF in collaboration with Higher Education Commission. The works
Published 28 Oct, 2015 12:00am
Electronic Form-E to be issued via WeBOC from November 2: SBP

Electronic Form-E to be issued via WeBOC from November 2: SBP

The State Bank of Pakistan (SBP) has announced issuance of Electronic Form-E (EFE) through Web Based One Customs (WeBOC) from Monday, November 2, 2015. In case of exports through WeBOC, Electronic Form-E has been prescribed by the State Bank, which will b
Published 28 Oct, 2015 12:00am
FCCI welcomes ADB loan for M-4 Motorway

FCCI welcomes ADB loan for M-4 Motorway

Faisalabad Chamber of Commerce and Industry (FCCI) has welcomed loan agreement between Asian Development Bank and National Highways Authority for the construction of Gojra-Shorkot section of M-4 (Faisalabad-Multan) Motorway. Chaudhry Muhammad Nawaz Presid
Published 28 Oct, 2015 12:00am
Oil falls to multi-week lows on persistent supply glut

Oil falls to multi-week lows on persistent supply glut

Oil prices fell for a third straight session to multi-week lows on Tuesday on the persistent global supply glut ahead of US data expected to show another increase in crude inventories. Crude futures felt pressure from analyst expectations that US crude in
Published 28 Oct, 2015 12:00am
US MIDDAY: soyabeans rebound

US MIDDAY: soyabeans rebound

US soyabean futures rebounded on Tuesday after three sessions of declines on steady export demand and higher soyameal prices, although gains were capped by beneficial rains in dry production areas of Brazil, the world's top supplier. Corn futures eased on
Published 28 Oct, 2015 12:00am
US MIDDAY: gold soars

US MIDDAY: gold soars

Gold edged up early on Tuesday as the beginning of a two-day Federal Reserve meeting had investors turning cautious, and moves were muted as buyers awaited clues on the timing of a possible US interest rate hike. Spot gold was up 0.3 percent at $1,165.90
Published 28 Oct, 2015 12:00am
MoF's response
Cotton

MoF's response

A news report published in daily "Business Recorder" on 26th October, "Government likely to borrow more" quotes Dr Hafeez Pasha making a statement in a talk show on Aaj TV that government would have to borrow more for repayment of $6.64 billion Extended F
Published 28 Oct, 2015 12:00am
Turkey is looking more and more like its troubled neighbours

Turkey is looking more and more like its troubled neighbours

It should have been a moment of unity against a backdrop of horror. At a qualifying match this month for next year's Euro 2016 soccer championship in the central Anatolian city of Konya, the teams of Turkey and Iceland stood, heads bowed, for a minute of
Published 28 Oct, 2015 12:00am
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