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Print - 2016-03-02
Turkish Airlines annual profit tops $1 billion for first time
Currency

Turkish Airlines annual profit tops $1 billion for first time

Turkey's flag carrier Turkish Airlines on Tuesday said its full-year net profits topped $1 billion for the first time in its history as the fast-growing airline battled to overcome the crises hitting its region. Turkish Airlines said it posted $1.069 bill
Published 02 Mar, 2016 12:00am
South Korean firms say lost $663 million due to Kaesong closure

South Korean firms say lost $663 million due to Kaesong closure

South Korean firms which once operated factories in a now-shuttered joint economic zone in North Korea pleaded Monday for urgent help from Seoul, saying they had lost more than $663 million. The South on February 10 announced the pullout from the Seoul-fu
Published 02 Mar, 2016 12:00am
Honeywell drops bid for United Technologies

Honeywell drops bid for United Technologies

US industrial giant Honeywell said Tuesday it had abandoned its $90 billion bid to acquire United Technologies "due to their unwillingness to engage in negotiations." United Technologies rejected Honeywell's offer twice last week, saying it would face ant
Published 02 Mar, 2016 12:00am
Dubai says it will build world's biggest wholesale hub

Dubai says it will build world's biggest wholesale hub

The Gulf emirate of Dubai on Tuesday launched a project to build a 30-billion-dirham ($8.2-billion) city that would be the world's largest wholesale hub. Dubai Wholesale City will cover more than 550 million square feet (49.5 million square metres) and be
Published 02 Mar, 2016 12:00am
Bangladesh forex reserves hit record $28 billion
Exchange

Bangladesh forex reserves hit record $28 billion

Bangladesh's foreign exchange reserves hit a record $28.06 billion at the end of February, the central bank said on Tuesday, fuelled by steady exports and lower import costs due to falling global commodities prices. The reserves, sufficient to cover seven
Published 02 Mar, 2016 12:00am
Iran upped oil exports by 30 percent last month: minister

Iran upped oil exports by 30 percent last month: minister

Iran boosted oil exports by 30 percent last month, Oil Minister Bijan Zangeneh said, after Tehran dismissed an output freeze despite historic low prices. Zangeneh told the Shana news agency that exports increased to 1.75 million barrels per day during the
Published 02 Mar, 2016 12:00am
Australia holds interest rates at record low

Australia holds interest rates at record low

Australia's central bank Tuesday held interest rates at the historic low of 2.0 percent, but said continued low inflation would provide scope for further easing to stimulate the economy. For the ninth straight meeting, the Reserve Bank of Australia (RBA)
Published 02 Mar, 2016 12:00am
Russian oil groups agree to freeze output: Putin

Russian oil groups agree to freeze output: Putin

Russian oil groups have agreed to freeze production levels as proposed last month by Moscow and Saudi Arabia to curb a near-record slump in prices, President Vladimir Putin said Tuesday. Opening a meeting with oil group chiefs, he said Energy Minister Ale
Published 02 Mar, 2016 12:00am
German unemployment falls but demand for labour slows

German unemployment falls but demand for labour slows

German unemployment fell in February but demand for labour is slowing and focused on services as the economy enjoys "moderate economic growth", the Federal Labour Office said on Tuesday. Seasonally adjusted unemployment fell by 10,000 to 2.723 million, th
Published 02 Mar, 2016 12:00am
Turkish Airlines annual profit tops $1 billion for first time
Currency

Turkish Airlines annual profit tops $1 billion for first time

Turkey's flag carrier Turkish Airlines on Tuesday said its full-year net profits topped $1 billion for the first time in its history as the fast-growing airline battled to overcome the crises hitting its region. Turkish Airlines said it posted $1.069 bill
Published 02 Mar, 2016 12:00am
Bond prices gain on weak US data

Bond prices gain on weak US data

US Treasury prices rose on Monday, with long-dated maturities climbing significantly, after weaker-than-expected domestic data reignited the view that the Federal Reserve could slow the pace of interest rate hikes this year, increasing investor interest i
Published 02 Mar, 2016 12:00am
Barclays to exit Africa in 'transatlantic' makeover

Barclays to exit Africa in 'transatlantic' makeover

Barclays Plc will sell its Africa business as part of a plan by new Chief Executive Jes Staley to simplify the bank's structure and seek higher shareholder returns, it said after reporting a 2 percent profit drop and slashing its dividend.
Published 02 Mar, 2016 12:00am
Factory activity slows world-wide in February despite price discounting

Factory activity slows world-wide in February despite price discounting

World manufacturing sector growth stagnated in February as falling prices failed to stimulate new orders, pushing factories to trim workforces, and dealing a blow to policymakers who are struggling to stimulate their economies. Manufacturing output across
Published 02 Mar, 2016 12:00am
Gulf stocks rise, Egypt index weakens on rate fears
Exchange

Gulf stocks rise, Egypt index weakens on rate fears

Stock markets in the Gulf rose on Tuesday after oil prices firmed above $36 a barrel, while Egyptian stocks slid in feeble volume as investors worried about a possible interest rate hike. The Saudi index advanced 1.5 percent to 6,181 points, breaking tech
Published 02 Mar, 2016 12:00am
Indian stocks post best gain in over two years
Currency

Indian stocks post best gain in over two years

Indian shares jumped 3.4 percent on Tuesday to post their best single-day gain in more than two years as gains throughout Asia and relief about the government's commitment to its fiscal deficit target for the next fiscal year boosted sentiment. The broade
Published 02 Mar, 2016 12:00am
Tuesday's early trade: stocks surge as data points to economic recovery

Tuesday's early trade: stocks surge as data points to economic recovery

Wall Street were at session highs on Tuesday morning, led by financial and technology stocks, after strong US factory and construction data suggested the economy was regaining momentum after slowing in the fourth quarter. While manufacturing activity cont
Published 02 Mar, 2016 12:00am
S&P 500 slides below closely watched threshold
Exchange

S&P 500 slides below closely watched threshold

Wall Street ended lower on Monday, falling out of lockstep with oil prices as energy and healthcare shares lost ground. US indexes gave up early gains despite a 3 percent rally in US oil prices. Stocks and oil have been strongly correlated in recent month
Published 02 Mar, 2016 12:00am
Taiwan stocks up

Taiwan stocks up

Taiwan stocks rose on Tuesday taking cues from overseas markets and hovering around levels not seen since early December. The market was shut on Monday for a public holiday. As of 0221 GMT, the main TAIEX index was up 0.6 percent at 8,461.06 points, after
Published 02 Mar, 2016 12:00am
Shahbaz highlights importance of Civil Defence Day

Shahbaz highlights importance of Civil Defence Day

Punjab Chief Minister Muhammad Shahbaz Sharif in his message on International Civil Defence Day has said that civil defence activities enable the citizens to take care of themselves in the time of natural calamities. He said that the purpose of observing
Published 02 Mar, 2016 12:00am
SBP revises forms of annual financial statements

SBP revises forms of annual financial statements

The State Bank of Pakistan (SBP) revising forms of annual financial statements asked banks having Islamic Banking Branches (IBBs) to show Islamic financing and related assets under the head of 'advances' in their financial statements. According to BPRD Ci
Published 02 Mar, 2016 12:00am
SBP revises forms of annual financial statements

SBP revises forms of annual financial statements

The State Bank of Pakistan (SBP) revising forms of annual financial statements asked banks having Islamic Banking Branches (IBBs) to show Islamic financing and related assets under the head of 'advances' in their financial statements. According to BPRD Ci
Published 02 Mar, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am
SBP revises forms of annual financial statements

SBP revises forms of annual financial statements

The State Bank of Pakistan (SBP) revising forms of annual financial statements asked banks having Islamic Banking Branches (IBBs) to show Islamic financing and related assets under the head of ''advances'' in their financial statements. According to BPRD
Published 02 Mar, 2016 12:00am
Kerry says two local employees, soldiers killed in blast

Kerry says two local employees, soldiers killed in blast

Two local employees of the US consulate in Peshawar have been killed by an explosive device along with some soldiers while on drug-eradication mission, US Secretary of State John Kerry said on Tuesday. "Just this morning, I woke to the news that we had lo
Published 02 Mar, 2016 12:00am
Kerry says two local employees, soldiers killed in blast

Kerry says two local employees, soldiers killed in blast

Two local employees of the US consulate in Peshawar have been killed by an explosive device along with some soldiers while on drug-eradication mission, US Secretary of State John Kerry said on Tuesday. "Just this morning, I woke to the news that we had lo
Published 02 Mar, 2016 12:00am
Afghan peace process: Parliamentary body seeks in-camera briefing

Afghan peace process: Parliamentary body seeks in-camera briefing

A parliamentary body on Tuesday called for an in-camera briefing of the Foreign Office (FO) on Pakistan's relations with Afghanistan and the ongoing peace efforts between the Afghan government and Taliban. It was agreed in a meeting of the Sub-Committee o
Published 02 Mar, 2016 12:00am
Afghan peace process: Parliamentary body seeks in-camera briefing

Afghan peace process: Parliamentary body seeks in-camera briefing

A parliamentary body on Tuesday called for an in-camera briefing of the Foreign Office (FO) on Pakistan's relations with Afghanistan and the ongoing peace efforts between the Afghan government and Taliban. It was agreed in a meeting of the Sub-Committee o
Published 02 Mar, 2016 12:00am
THE RUPEE: slide persists
Currency

THE RUPEE: slide persists

The rupee continued erosion against the dollar in the interbank market in the process of trading, dealers said on Tuesday. The rupee lost eight paisas versus the dollar for buying and selling at Rs 104.75 and Rs 104.79, they said.
Published 02 Mar, 2016 12:00am
Shares of PSX: SECP forms divestment committee
Exchange

Shares of PSX: SECP forms divestment committee

The Securities and Exchange Commission of Pakistan (SECP) has constituted a "Divestment Committee" for the purposes of divestment of shares of the Pakistan Stock Exchange Limited (PSX). The Committee comprises of the four newly elected directors of the Ex
Published 02 Mar, 2016 12:00am
THE RUPEE: slide persists
Currency

THE RUPEE: slide persists

The rupee continued erosion against the dollar in the interbank market in the process of trading, dealers said on Tuesday. The rupee lost eight paisas versus the dollar for buying and selling at Rs 104.75 and Rs 104.79, they said.
Published 02 Mar, 2016 12:00am
Shares of PSX: SECP forms divestment committee
Exchange

Shares of PSX: SECP forms divestment committee

The Securities and Exchange Commission of Pakistan (SECP) has constituted a "Divestment Committee" for the purposes of divestment of shares of the Pakistan Stock Exchange Limited (PSX). The Committee comprises of the four newly elected directors of the Ex
Published 02 Mar, 2016 12:00am
Shares of PSX: SECP forms divestment committee
Exchange

Shares of PSX: SECP forms divestment committee

The Securities and Exchange Commission of Pakistan (SECP) has constituted a "Divestment Committee" for the purposes of divestment of shares of the Pakistan Stock Exchange Limited (PSX). The Committee comprises of the four newly elected directors of the Ex
Published 02 Mar, 2016 12:00am
Fazl steps up criticism of women protection bill

Fazl steps up criticism of women protection bill

Jamiat Ulema Islam - Fazl (JUI-F) leader Maulana Fazlur Rehman on Tuesday said that Prime Minister Nawaz Sharif and Punjab Chief Minister Shahbaz Sharif are likely to fall victim to the Women Protection Bill. Lashing out once again at the bill, Fazl said
Published 02 Mar, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am
Fazl steps up criticism of women protection bill

Fazl steps up criticism of women protection bill

Jamiat Ulema Islam - Fazl (JUI-F) leader Maulana Fazlur Rehman on Tuesday said that Prime Minister Nawaz Sharif and Punjab Chief Minister Shahbaz Sharif are likely to fall victim to the Women Protection Bill. Lashing out once again at the bill, Fazl said
Published 02 Mar, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am
Yet another extension

Yet another extension

Although the Federal Board of Revenue (FBR), upon the end of the period specified for availing of the Voluntary Tax Compliance Scheme (VTCS) for traders, 29th February, directed Chief Commissioners of Regional Tax Offices (RTOs) to immediately begin inspe
Published 02 Mar, 2016 12:00am
Sharmeen's remarkable feat

Sharmeen's remarkable feat

About 1,000 women are killed every year in Pakistan in the name of 'honour killing'. Filmmaker Sharmeen Obaid-Chinoy is out to help stop this abhorrent crime, and we earnestly hope and pray that she succeeds - like she did by winning her second Oscar for
Published 02 Mar, 2016 12:00am
The last opportunity, perhaps

The last opportunity, perhaps

We don't have our own sources of energy; we do not own enough capital to provide even two square meals to our burgeoning population and; being too far behind in world ranking in education our capacity to acquire knowledge-based technologies is too limited
Published 02 Mar, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (March 01, 2016)

Published 02 Mar, 2016 12:00am
The professor, the engineer and the accountant
Exchange

The professor, the engineer and the accountant

Politics is rarely a career for the intellectually well endowed. In our case it could well be a liability. Prime Minister did well to choose 'degree over pedigree' for the key Ministries of Finance, Planning, and Commerce. For the business community these
Published 02 Mar, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am
China to lay off 5-6 million workers, earmarks at least $23 billion

China to lay off 5-6 million workers, earmarks at least $23 billion

China aims to lay off 5-6 million state workers over the next two to three years as part of efforts to curb industrial overcapacity and pollution, two reliable sources said, Beijing's boldest retrenchment programme in almost two decades. China's leadershi
Published 02 Mar, 2016 12:00am
Failure of VTCS was imminent

Failure of VTCS was imminent

According to the media reports, one of the government's most important initiatives of Voluntary Tax Compliance Scheme aimed at much-needed broadening of tax base ended on a huge failure as only 1000 tax returns were filed under said VTCS throughout the co
Published 02 Mar, 2016 12:00am
Chairman Appellate Tribunal, Members: Appointments declared illegal

Chairman Appellate Tribunal, Members: Appointments declared illegal

Islamabad High Court (IHC) has declared the appointments of Chairman of the Appellate Tribunal and its Members illegal and directed the federal government to initiate the process of making fresh appointments after a meaningful consultation with the Chief
Published 02 Mar, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (March 01, 2016).

Published 02 Mar, 2016 12:00am
Chairman Appellate Tribunal, Members: Appointments declared illegal

Chairman Appellate Tribunal, Members: Appointments declared illegal

Islamabad High Court (IHC) has declared the appointments of Chairman of the Appellate Tribunal and its Members illegal and directed the federal government to initiate the process of making fresh appointments after a meaningful consultation with the Chief
Published 02 Mar, 2016 12:00am
The Weather

The Weather

The weather report on Tuesday (March 01, 2016) and the forecast for Wednesday (March 02, 2016).

Published 02 Mar, 2016 12:00am
Dar reiterates government's resolve to overcome power shortage

Dar reiterates government's resolve to overcome power shortage

Federal Minister for Finance on Tuesday reiterated the government's resolve to overcome the power shortage in the country and vowed to utilise all resources to achieve the objective. He stated this while chairing a meeting to review the process of reforms
Published 02 Mar, 2016 12:00am
'Government plans legislation to protect properties of minorities'

'Government plans legislation to protect properties of minorities'

Provincial Minister for Minority Affairs & Human Rights, Khalil Tahir Sandhu has said the Punjab government is preparing a legislation to protect properties of minorities and their ownership and this problem will be resolved under a mechanism.
Published 02 Mar, 2016 12:00am
Potable water: Punjab government to set up filtration plants: Shahbaz

Potable water: Punjab government to set up filtration plants: Shahbaz

Punjab Chief Minister, Muhammad Shahbaz Sharif has said that availability of potable water is the basic right of every citizen and keeping in view this fact, Punjab government is implementing a big programme under which water filtration plants will be set
Published 02 Mar, 2016 12:00am
SECP Registrar empowered to increase Modarba fund
Exchange

SECP Registrar empowered to increase Modarba fund

The Registrar of Securities and Exchange Commission of Pakistan would be empowered to allow modaraba company, on the basis of a special resolution passed by the certificate holders of the modaraba, to increase the fund of the modaraba without issue of rig
Published 02 Mar, 2016 12:00am
Wattoo calls for across-the-board accountability

Wattoo calls for across-the-board accountability

President Pakistan Peoples' Party Punjab Manzoor Ahmed Wattoo has demanded an across-the-board accountability, saying that the accountability should not be 'selective' in Punjab. He said the PML-N was crying foul on the start of accountability in Punjab w
Published 02 Mar, 2016 12:00am
IRSA discharges 140,000 cusecs of water into canal network

IRSA discharges 140,000 cusecs of water into canal network

As there is no shortage of water for irrigating the Rabi crops across the country, the Indus River System Authority is discharging 1,40,000 cusecs of water downstream the Tarbela and Mangla dams for maturity of the Rabi crops including strategic wheat, oi
Published 02 Mar, 2016 12:00am
All economic indicators belie government claims: Elahi

All economic indicators belie government claims: Elahi

Pakistan Muslim League (PML) senior central leader and former Deputy Prime Minister, Chaudhry Parvez Elahi has said that every claim of govt about economic growth has proved false and all economic indicators are going against the government.
Published 02 Mar, 2016 12:00am
District HQs hospitals: post-graduate trainee doctors will be placed

District HQs hospitals: post-graduate trainee doctors will be placed

Post-graduate trainee doctors who have completed two years of their training will be placed at district and tehsil headquarters hospitals for three months on rotations. The Specialised Healthcare and Medical Education Department is paying an additional st
Published 02 Mar, 2016 12:00am
PEF targets 2.3 million enrolments by end of 2016

PEF targets 2.3 million enrolments by end of 2016

The total number of beneficiary students of the Punjab Education Foundation (PEF) would rise to 2.3 million by the end of current year in result of continued annual expansions in the free educational initiatives. Managing Director of the Foundation Tariq
Published 02 Mar, 2016 12:00am
Governance characterised by transparency, meritocracy: Shahbaz

Governance characterised by transparency, meritocracy: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif has said that resources are a trust of the nation and every penny of public money is being spent only on the projects aimed at welfare and betterment of the masses. He said that Pakistan Muslim League-N govern
Published 02 Mar, 2016 12:00am
Government aware of businesspeople's problems: Saad

Government aware of businesspeople's problems: Saad

The federal railways minister claims that his government is aware of the business community's problems and is attempting to help develop the socio-economic state of the trade and industry. The claim by Minister Khawaja Saad Rafiq came as he was speaking o
Published 02 Mar, 2016 12:00am
PML-Q leader greets Sharmeen

PML-Q leader greets Sharmeen

The Pakistan Muslim League-Quaid-e-Azam leader has congratulated Sharmeen Obaid-Chinoy on winning the Oscar Award for her documentary "a girl in the river," saying this is "a great honour for the entire Pakistani nation and also for Chaudhry Parvez Elahi'
Published 02 Mar, 2016 12:00am
Baloch Cultural Day today

Baloch Cultural Day today

Baloch Cultural Day would be observed in various parts of the country particularly in various districts of Balochistan and federal capital Islamabad on March 2. Different cultural activities are being arranged to observe the day with befitting manner. The
Published 02 Mar, 2016 12:00am
NA law panel takes up heavy legislative business

NA law panel takes up heavy legislative business

The National Assembly Standing Committee on Law and Justice took up Tuesday a heavy legislative agenda comprising eight private members' bills, including two constitution amendment bills. The committee also scrutinised budgetary proposals of the Ministry
Published 02 Mar, 2016 12:00am
Prime Minister vows full support to Capital's local government

Prime Minister vows full support to Capital's local government

Prime Minister Muhammad Nawaz Sharif Tuesday said the federal government will extend full support to the local government to undertake development projects in the Capital and provision of best facilities in its rural and urban areas.
Published 02 Mar, 2016 12:00am
Pact signed with US for 250 PhD scholarships

Pact signed with US for 250 PhD scholarships

Pakistan signed a document with USA for 250 Ph.D scholarships in five years under Fulbright Scholarships. Pakistan will contribute $25 million, equal to USA contribution in it. The document was signed during working Group on Education, Science and Technol
Published 02 Mar, 2016 12:00am
FM Radio in Bajaur Agency resumes transmissions

FM Radio in Bajaur Agency resumes transmissions

The FM Radio in Bajaur Agency has restarted its transmission after remaining closed for several months due to security reasons. Sahil Tanha, senior producer of FM Shamal 98-6, the first-ever private Radio Station in Bajaur, told reporters on Tuesday that
Published 02 Mar, 2016 12:00am
Energy, education sectors: Pakistan, Japan sign two agreements

Energy, education sectors: Pakistan, Japan sign two agreements

Pakistan and Japan here on Tuesday signed bilateral agreements for two projects to support energy and education sectors in Pakistan. The Government of Japan has agreed to provide grants approximately worth 1,967 million yen ($17.5 million) to the Governme
Published 02 Mar, 2016 12:00am
Three suspected terrorists held in Upper Dir

Three suspected terrorists held in Upper Dir

Three suspected terrorists were arrested by law enforcement agencies during an operation in Ghazi Gay village here on Tuesday. According to SHO Gul Fazal Khan, on intelligence agency information about presence of terrorists in a house police raided the ho
Published 02 Mar, 2016 12:00am
Two killed near Kala Shah Kaku due to fog

Two killed near Kala Shah Kaku due to fog

Two people have died near the Kala Shah Kaku Interchange amid heavy fog in a motorway pile-up. Eye-witnesses said as a coaster suddenly stopped, it resulted into a huge pile-up involving seven cars and two buses near the Kala Shah Kaku Interchange on Tues
Published 02 Mar, 2016 12:00am
Mumtaz Qadri buried amid tight security

Mumtaz Qadri buried amid tight security

Thousands of people attended the funeral prayers of Mumtaz Qadri on Tuesday afternoon at Liaqat Bagh Rawalpindi amidst tight security arrangements. Qadri was executed at the Adiala Jail early on February 29 Monday morning. Qadri's body was taken from his
Published 02 Mar, 2016 12:00am
Religious parties stage protest

Religious parties stage protest

Like other parts of the country, religious parties on Tuesday protested against the execution of Mumtaz Qadri, and condemned the government for accomplishing Western agenda. The protests demonstrations called by Ahl-Sunnat Wal Jamaat, Pasban and Jamaat-e-
Published 02 Mar, 2016 12:00am
Partial strike observed in Multan

Partial strike observed in Multan

Partial strike was observed in Multan city on Tuesday as markets including wholes sale cloth market of Andhi Khoi, Chowk Bazar, Hussain Agahi Bazar, Grain market and Iron market remained closed to mourn the execution of Mumtaz Qadri. Funeral prayers in ab
Published 02 Mar, 2016 12:00am
Vocational training only effective tool for poverty reduction: Cheema

Vocational training only effective tool for poverty reduction: Cheema

Executive Director National Vocational and Technical Training Commission (NAVTTC) Zulfiqar Ahmad Cheema has said that vocational training is the only effective tool for poverty reduction and to produce a skilled human resource for the resource constraint
Published 02 Mar, 2016 12:00am
Governor Punjab visits OICCI

Governor Punjab visits OICCI

Governor Punjab Malik M Rafique Rajwana has assured OICCI to take up the issue of tax refunds with relevant authorities declaring it the main issue that affects the liquidity of businesses. Terming the positive sentiments of the OICCI members in the surve
Published 02 Mar, 2016 12:00am
First Digital CME programme launched

First Digital CME programme launched

The University of Health Sciences has launched Pakistan's first digital continuing medical education (Digital CME) programme for the capacity building of healthcare professionals. The programme will provide highest quality of online education with engagin
Published 02 Mar, 2016 12:00am
Government to ensure return of TDPs with honour, respect: Prime Minister

Government to ensure return of TDPs with honour, respect: Prime Minister

Prime Minister Muhammad Nawaz Sharif on Tuesday said the government would ensure return of Temporarily Displaced Persons to their native areas with honour and respect. He was talking to Iqbal Zafar Jhagra, designated Governor KPK who called on him here at
Published 02 Mar, 2016 12:00am
'Filers can lodge complaints with FTO against tax officials'

'Filers can lodge complaints with FTO against tax officials'

Advisor Federal Tax Ombudsman Karachi Region, Manzoor Hussain Qureshi has said that the tax filers can lodge complaints with Federal Tax Ombudsman (FTO) against tax officials over violating rules of income tax, sales tax, custom duty, federal excise duty
Published 02 Mar, 2016 12:00am
Three matches to be played as National Open Polo starts

Three matches to be played as National Open Polo starts

Three matches will be played on the opening day of the high-goal National Open Polo Championship 2016 for Quaid-e-Azam Gold Cup here at the Lahore Polo Club (LPC) ground on Wednesday. In the first match of the day, Diamond Paints will play against Master
Published 02 Mar, 2016 12:00am
Bangladesh frees French aid worker

Bangladesh frees French aid worker

Bangladesh on Tuesday released a French aid worker, an official said, months after he was arrested in the country's south-eastern resort district of Cox's Bazar for allegedly helping Myanmar's Rohingya refugees. Police arrested Moussa Tchantchuing, also k
Published 02 Mar, 2016 12:00am
India police charge ex-UN climate chief with sexual harassment

India police charge ex-UN climate chief with sexual harassment

Indian police said Tuesday they had charged the former head of the UN climate change panel Rajendra Pachauri with sexual harassment, following a complaint by an ex-colleague at an environmental think-tank. Police brought the charges against Pachauri in a
Published 02 Mar, 2016 12:00am
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