AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)
Dec 22, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-03-15
Run-fest on the cards in India-NZ World T20 opener

Run-fest on the cards in India-NZ World T20 opener

Tournament favourites India face an awkward first assignment in their World T20 campaign in Nagpur Tuesday against a big-hitting New Zealand team who are determined to show there is life after Brendon McCullum. After 10 victories in their last official T2
Published 15 Mar, 2016 12:00am
Higuain hits 27th goal as Napoli keep tabs on Juve

Higuain hits 27th goal as Napoli keep tabs on Juve

Gonzalo Higuain struck from the spot to claim his 27th Serie A goal this season as Napoli maintained their push for a first 'scudetto' in 26 years with a patchy 1-0 win at Palermo on Sunday. A 1-0 win for Juventus over Sassuolo on Friday meant the champio
Published 15 Mar, 2016 12:00am
Syrian war creates child refugees and child soldiers

Syrian war creates child refugees and child soldiers

Syria's five-year-old conflict has created 2.4 million child refugees, killed many and led to the recruitment of children as fighters, some as young as seven, UN children's fund UNICEF said on Monday. Its report "No Place for Children" said more than 8 mi
Published 15 Mar, 2016 12:00am
Turkish warplanes strike Northern Iraq after Ankara bombing

Turkish warplanes strike Northern Iraq after Ankara bombing

Turkish warplanes struck against Kurdish militant camps in northern Iraq on Monday after 37 people were killed in an Ankara car bombing that security officials said involved a female fighter of the Kurdistan Workers Party (PKK). Sunday's attack, tearing t
Published 15 Mar, 2016 12:00am
Three Palestinians shot dead

Three Palestinians shot dead

Three Palestinians carried out back-to-back gun and car-ramming attacks on Israelis near a Jewish settlement in the occupied West Bank on Monday and were shot dead by the army, it said. Two of the Palestinians, armed with a handgun and an improvised machi
Published 15 Mar, 2016 12:00am
Iran missile tests don't breach nuclear deal: EU

Iran missile tests don't breach nuclear deal: EU

Iran's recent ballistic missile tests are not in violation of its nuclear deal and the European Union is not considering sanctions at this stage, EU foreign policy chief Federica Mogherini said Monday. Mogherini however warned that last week's missile tes
Published 15 Mar, 2016 12:00am
EU agrees to stand firm against Russia

EU agrees to stand firm against Russia

The European Union must stand up to Russia to defend core political and security interests but can still try to find common cause on issues such as the Syrian conflict, the bloc's foreign ministers said Monday. The ministers gathered in Brussels for a reg
Published 15 Mar, 2016 12:00am
Amtrak train derails in Kansas, 32 hurt

Amtrak train derails in Kansas, 32 hurt

Seven cars on a Chicago-bound Amtrak passenger train derailed in south-western Kansas early on Monday, injuring 32 people, officials said. The coaches from Amtrak's' Southwest Chief Train 4 travelling from Los Angeles to Chicago derailed about 20 miles (3
Published 15 Mar, 2016 12:00am
Serbia finds US-bound guided missiles on flight from Beirut

Serbia finds US-bound guided missiles on flight from Beirut

Serbian authorities found two US-made guided missiles that arrived on a civil flight from Lebanon and were bound for the United States, a source at the prosecutor's office said on Monday. The Lebanese army said the Hellfire missiles were training models,
Published 15 Mar, 2016 12:00am
London mayor Johnson blasts Obama over Brexit

London mayor Johnson blasts Obama over Brexit

London mayor Boris Johnson on Monday accused Barack Obama of "hypocrisy" following a report that the US president is heading to Britain next month to make the case for the UK to stay in the European Union. "Coming from Uncle Sam, it is a piece of outrageo
Published 15 Mar, 2016 12:00am
Migrants scramble for way past EU's closed Balkan door

Migrants scramble for way past EU's closed Balkan door

Hundreds of desperate migrants were stopped by Macedonian troops Monday after managing to cross the border from Greece, where thousands have been left stranded after Balkan states slammed Europe's migrant door shut. The migrants, who had set off from an o
Published 15 Mar, 2016 12:00am
China steps up war of words with US over human rights

China steps up war of words with US over human rights

China hit back at the United States over its human rights record on Monday, bringing out government-backed academics to accuse Washington of everything from promoting Islamic State to being a racist plutocracy. China was infuriated last week when the Unit
Published 15 Mar, 2016 12:00am
UAE fighter jet crashed in Yemen, two pilots killed

UAE fighter jet crashed in Yemen, two pilots killed

Two Emirati pilots were killed when their fighter jet crashed on Monday in Yemen, where a Saudi-led coalition is battling Iran-backed rebels, the alliance said. The Mirage jet crashed at dawn "due to a technical fault," said the coalition statement publis
Published 15 Mar, 2016 12:00am
Mangla Dam absolutely safe: Wapda

Mangla Dam absolutely safe: Wapda

Taking strong exception to a news report aired by a private television channel, a Water and Power Development Authority's (Wapda) spokesperson said that the country's biggest water reservoir Mangla Dam was absolutely safe and no cracks whatsoever appeared
Published 15 Mar, 2016 12:00am
KP chief minister issues warning to contractors

KP chief minister issues warning to contractors

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has warned that contractors found involved in substandard construction of roads and government buildings would be bound to reconstruct the projects according to the laid down specification while investigati
Published 15 Mar, 2016 12:00am
Saarc moot: government to extend invitation to Modi tomorrow

Saarc moot: government to extend invitation to Modi tomorrow

Pakistan will formally extend an invitation to Indian Prime Minister Narendra Modi on Thursday in Nepal to visit Pakistan in September to attend - along with other regional leaders - the 19th Saarc Summit. Responding to a question, Foreign Office spokespe
Published 15 Mar, 2016 12:00am
World Consumer Rights Day today

World Consumer Rights Day today

On 15th March TheNetwork for Consumer Protection will be marking World Consumer Rights Day by joining a global campaign to get Antibiotics Off The Menu at McDonald's, KFC and Subway. Consumer organisations from around the world, in partnership with Consum
Published 15 Mar, 2016 12:00am
Rangers influencing course of investigation, claims Asim's counsel

Rangers influencing course of investigation, claims Asim's counsel

Dr Asim Hussain's legal counsel Anwar Mansoor Khan has termed the "continuous interference" by Rangers in the investigation and treatment of Dr Asim illegal as they are the complainant in the ongoing case against him in Anti Terrorism Court for alleged tr
Published 15 Mar, 2016 12:00am
VTCS: FBR likely to extend date till March 31

VTCS: FBR likely to extend date till March 31

The Federal Board of Revenue (FBR) is likely to extend date for availing Voluntary Tax Compliance Scheme (VTCS) for traders till March 31, 2016. The concessionary rate of 0.4 percent Withholding Tax on banking transactions of non-filers may not be changed
Published 15 Mar, 2016 12:00am
Adamjee Insurance Company Limited

Adamjee Insurance Company Limited

Adamjee Insurance Company Limited (KSE: AICL) is the second largest player in Pakistan's non-life insurance sector and one of the six insurers that make the KSE-100 list. In terms of premium revenue and profits, only EFU General surpasses AICL. The to
Published 15 Mar, 2016 12:00am
Adamjee Insurance Company Limited

Adamjee Insurance Company Limited

Adamjee Insurance Company Limited (KSE: AICL) is the second largest player in Pakistan's non-life insurance sector and one of the six insurers that make the KSE-100 list. In terms of premium revenue and profits, only EFU General surpasses AICL. The to
Published 15 Mar, 2016 12:00am
PTCL celebrates International Women's Day

PTCL celebrates International Women's Day

Pakistan Telecommunication Company Limited (PTCL) has organised a seminar on the International Women's Day to celebrate the contribution of women in general and female PTCL employees in particular, towards making the world a better place. The theme of the
Published 15 Mar, 2016 12:00am
Jewellery shop at Tariq Road looted

Jewellery shop at Tariq Road looted

Unidentified armed men on Monday robbed a jewellery shop located at one of the city's busiest commercial markets - Tariq Road in the limits of Firozabad police station. SHO Ferozabad police station Javaid Butt told Business Recorder that the incide
Published 15 Mar, 2016 12:00am
Shoro urges courts to lift ban on land allotment

Shoro urges courts to lift ban on land allotment

Sindh Minister for Local Governments Jam Khan Shoro has urged the courts to lift the ban on land allotment, which causes high illegal settlements particularly in Karachi. Speaking at a meeting with builders at Association of Builders and Developers (Abad)
Published 15 Mar, 2016 12:00am
New Sindh IGP assumes charge

New Sindh IGP assumes charge

The newly-appointed Inspector General of Police (IGP) Sindh A. D. Khawaja assumed charge of his office at Central Police Office in Karachi, where he chaired a meeting. The meeting was also attended by DIG Establishment Muzaffar Sheikh, DIG T&T Imran Yaqoo
Published 15 Mar, 2016 12:00am
Raza Haroon joins Kamal's camp, criticises Altaf

Raza Haroon joins Kamal's camp, criticises Altaf

Former leader of Mutahhida Qaumi Movement Raza Haroon on Monday joined Mutafa Kamal's camp, supporting the stance of former mayor against MQM chief Altaf Hussain. Flanked by Mustafa Kamal and Anis Qaimkhani in DHA at a news conference Haroon criticised Al
Published 15 Mar, 2016 12:00am
Sindh government urged to fix wheat support price

Sindh government urged to fix wheat support price

The office bearers of Sindh Growers Alliance (SGA) has protested against the Sindh government for not setting up wheat procurement cell and fixing Rs 1400 support price per maund. The protest was held outside Hyderabad Press Club (HPC) on Monday where a l
Published 15 Mar, 2016 12:00am
Drive against illegal weapons to be launched next month: AIGP

Drive against illegal weapons to be launched next month: AIGP

Additional Inspector General of Sindh Police, Musthaq Mahar, said here on Monday that the police department with a view to curbing the menace of cell phone snatching cases was developing software for biometric registration of cellular phones. He also anno
Published 15 Mar, 2016 12:00am
Correction

Correction

BASF Chemicals & Polymers Pakistan Private Limited issued a press release titled 'BASF Crop Protection Pipeline valued at €3 billion' which was carried by Business Recorder on Thursday, March 10, 2016. Erroneously, in the first paragraph the global
Published 15 Mar, 2016 12:00am
Clarification

Clarification

With reference to the article titled "Thar Coal Power Project: Civil work comes to a halt" published in Business Recorder on 12th March 2016, in which Shamsuddin Shaikh CEO Sindh Engro Coal Mining Company (SECMC) was misquoted stating "there was a
Published 15 Mar, 2016 12:00am
Mamnoon condemns Ankara blast

Mamnoon condemns Ankara blast

President Mamnoon Hussain has strongly condemned the bomb blast in Ankara, Turkey and expressed profound grief and sorrow over the loss of precious lives in the tragic incident. In his condolence message, the President stated that the people and the Gover
Published 15 Mar, 2016 12:00am
Call to end power Loadshedding

Call to end power Loadshedding

Zonal Chairman of Pakistan Yarn Merchants Association, Sheikh Muhammad Qasim has demanded the authority concerned to end electricity loadshedding as catchments areas received heavy rains, resultantly unprecedented increase in water in the rivers was witne
Published 15 Mar, 2016 12:00am
PAD advisory

PAD advisory

The Punjab Agriculture Department (PAD) has advised farmers to remove weeds from their field because they can cause 20 to 45 percent reduction in per acre yield of spring crops, such as maize, sunflower or sugarcane. The advisory has urged them to keep th
Published 15 Mar, 2016 12:00am
JI announces names of new Shoora

JI announces names of new Shoora

Jamaat-e-Islami on Monday announced the names of its central Majlis-e-Shoora elected for three-year term. The announcement was made by the JI Election Commission chief, Asadullah Bhutto, at a news conference at Lahore Press Club.
Published 15 Mar, 2016 12:00am
Country entering new phase of peace, stability: KP Governor

Country entering new phase of peace, stability: KP Governor

Khyber Pakhtunkhwa Governor Eng. Iqbal Zafar Jhagra, while appreciating the sacrifices of Pak Army, security forces and patriotic tribesmen, has said that we are now entering into to the new phase of peace and stability. He said the future of FATA will be
Published 15 Mar, 2016 12:00am
Water supply project: Minister inaugurates test commissioning service

Water supply project: Minister inaugurates test commissioning service

Punjab Law Minister Rana Sanaullah on Monday inaugurated a test commissioning service of the water supply project, which has been completed at a cost of Rs 6 billion. The project was launched with the assistance of France, which provided Rs 4 million as a
Published 15 Mar, 2016 12:00am
TEVTA, NVTTC to organise National Skills Show from March 29

TEVTA, NVTTC to organise National Skills Show from March 29

The Technical Education and Vocational Training Authority (TEVTA) and the National Vocational and Technical Training Commission (NVTTC) are jointly arranging a two-day "National Skills Show" to take place on March 29 and 30 at the Expo Centre in Johar Tow
Published 15 Mar, 2016 12:00am
LSE holds policy debate on IMF

LSE holds policy debate on IMF

The Institute of Development Studies, Lahore School of Economics on Monday hosted a policy debate titled "Is it time to say good bye to the IMF." The debate ended after a heated discussion to conclude that it is now time to say good bye to the IMF. The se
Published 15 Mar, 2016 12:00am
Refund claims: LCCI urges FBR to take steps for early release

Refund claims: LCCI urges FBR to take steps for early release

Lahore Chamber of Commerce and Industry (LCCI) has urged the Federal Board of Revenue chief to take steps to pay stuck-up refund claims of export-oriented sectors immediately. LCCI President Sheikh Muhammad Arshad, Senior Vice President Almas Hyder and Vi
Published 15 Mar, 2016 12:00am
Anjuman-e-Tajiran concerned over Benami Account Bill

Anjuman-e-Tajiran concerned over Benami Account Bill

The All Pakistan Anjuman-e-Tajiran (APAT) has voiced its concern on the Benami Account Bill tabled by the government on Monday. In his address during a press conference, General Secretary Naeem Mir claimed the government had never consulted with trade rep
Published 15 Mar, 2016 12:00am
Deceptive marketing practices: CCP issues show-cause notice to P&G

Deceptive marketing practices: CCP issues show-cause notice to P&G

The Competition Commission of Pakistan (CCP) while concluding an enquiry has issued a show-cause notice to Proctor & Gamble Pakistan (Pvt) Limited for indulging in alleged deceptive marketing practices in violation of Section 10 of the Competition Act, 20
Published 15 Mar, 2016 12:00am
Intra-party polls: PTI fails to overcome groupings in party

Intra-party polls: PTI fails to overcome groupings in party

Despite tall claims to ensure free, fair and transparent intra-party elections, Pakistan Tehreek-e-Insaf (PTI) has miserably failed to ban numerous small groups within the party, which are busy canvassing for their favourite candidates. Background intervi
Published 15 Mar, 2016 12:00am
Cop killed, two injured during bank heist

Cop killed, two injured during bank heist

A policeman was killed while two passers-by were injured when robbers opened fire during a bank heist, here on Monday. Police said that armed robbers barged into a private bank branch in Kuchlak area of Quetta and took the staff hostage at gun point and s
Published 15 Mar, 2016 12:00am
Flash floods kill 49 in KP, Fata and Balochistan: NDMA

Flash floods kill 49 in KP, Fata and Balochistan: NDMA

Flash floods due to torrential rains have killed 49 people in Khyber Pakhtunkhwa, Balochistan and Federally Administered Tribal Areas (Fata), according to figures released by National Disaster Management Authority (NDMA), here on Monday. Figures showed th
Published 15 Mar, 2016 12:00am
Offices of IGs to be shifted to Islamabad's H-11, G-8/1 sectors

Offices of IGs to be shifted to Islamabad's H-11, G-8/1 sectors

The Supreme Court was informed on Monday that the offices of Inspector General Police Islamabad and Inspector General National Highways & Motorway Police (NH&MP) will be shifted to Police Lines in Sector H-11 and Bureau of Emigration to Sector G-8/1, resp
Published 15 Mar, 2016 12:00am
Textbooks: PEF starts dispatching activity

Textbooks: PEF starts dispatching activity

Punjab Education Foundation (PEF) has started textbooks' dispatching activity from Monday. During this gigantic exercise, 7.1 million textbooks will be sent to different destinations for free distribution in the partner schools. For this purpose, 58 sites
Published 15 Mar, 2016 12:00am
Nestle Healthy Kids Room opened

Nestle Healthy Kids Room opened

Punjab Minister of Labour and Human Resource Raja Ashfaq Sarwar and managing director of Nestle Pakistan have inaugurated a "Nestle Healthy Kids Room" at the Punjab Workers Welfare Board Higher Secondary School in Nishtar Town. The minister said on the oc
Published 15 Mar, 2016 12:00am
Bahria university students visit KE's Korangi Combined Cycle Plant

Bahria university students visit KE's Korangi Combined Cycle Plant

K-Electric continues its effort to educate the young leaders of tomorrow and hosted Bahria University Karachi's students at one of their power plants located in Korangi. These students and faculty members visited Korangi's Combined Cycle Power Plant (CCPP
Published 15 Mar, 2016 12:00am
IAP signs MoU with Event and Conference International

IAP signs MoU with Event and Conference International

Institute of Architects Pakistan (IAP) and Event and Conference International signed a memorandum of understanding to intensify collaboration in organising IAPEX 2016, a Building and Materials exhibition, being organised by IAP at Karachi Expo Centre from
Published 15 Mar, 2016 12:00am
IESCO arrests 14 for power theft

IESCO arrests 14 for power theft

Islamabad Electric Supply Company (IESCO) apprehended 14 electricity thieves upon the special directives of Chief Executive Officer (CEO) Dr Rana Abdul Jabbar Khan in different areas of IESCO Region. According to the details, 09 culprits were caught red h
Published 15 Mar, 2016 12:00am
Pension disbursements through DCS from next month

Pension disbursements through DCS from next month

The government has decided to make pension payments from grade 17 and above through direct credit system (DCS) from next month, it was learnt. Sources in the Finance Ministry stated that as per senior officials of Auditor General of Pakistan (AGP) the cut
Published 15 Mar, 2016 12:00am
KP IGP suspends two officers

KP IGP suspends two officers

KP Inspector General of Police (IGP) Nasir Khan Durrani has suspended two police officers on faulty and defective investigation in a murder case with immediate effect and ordered departmental inquiry against them. According to detail, the IGP has received
Published 15 Mar, 2016 12:00am
Prime Minister condemns terrorist attack in Turkey

Prime Minister condemns terrorist attack in Turkey

Prime Minister Muhammad Nawaz Sharif Monday strongly condemned the terrorist attack in central Ankara in which several precious lives were lost. The Prime Minister in a message extended heartfelt condolences to the people and government of Turkey and pray
Published 15 Mar, 2016 12:00am
Two foreigners deported

Two foreigners deported

Pakistan on Monday deported two foreigners to port of origin from Benazir International Airport, after the Federal Investigation Agency (FIA) immigration wing found that they had arrived in the country without visa. FIA official said that Bram de Graaff h
Published 15 Mar, 2016 12:00am
Four Hesco officials demoted

Four Hesco officials demoted

The degradation orders of four Hyderabad Electric Company's sub-divisional officials (SDOs) have been issued after an enquiry has been completed. According to Hesco spokesman, the chief operating officer Raham Ali Oddho had issued orders of demotion of fo
Published 15 Mar, 2016 12:00am
Saudi Arabia: SVP FPCCI concerned over decline of rice export
Exchange

Saudi Arabia: SVP FPCCI concerned over decline of rice export

Khalid Tawab, Senior Vice President FPCCI expressed serious concern over drastic decline of rice export to Saudi Arabia during last couple of years. He said that as compared to 54 percent in 2003 the rice export has been declined to ten percent last year.
Published 15 Mar, 2016 12:00am
APBF concerned over declining exports

APBF concerned over declining exports

As the country's exports are constantly on declining trend, All Pakistan Business Forum (APBF) has asked the government to take business community on board in preparing policies to enhance exports so that fast widening trade deficit could be controlled.
Published 15 Mar, 2016 12:00am
Government to set up independent 'Punjab Skill Agency': minister

Government to set up independent 'Punjab Skill Agency': minister

The provincial minister for labour and human resource has announced to set up a new, single and independent Punjab Skill Agency to better technical and vocational training provided by the Technical Education Vocational Training Authority, Punjab Vocationa
Published 15 Mar, 2016 12:00am
Jubilee Life launches 'Collaborative Libraries'

Jubilee Life launches 'Collaborative Libraries'

Jubilee Life, Pakistan's leading life insurance provider, in collaboration with Charter for Compassion has launched a new project called, "Collaborative Libraries". This was announced at the project signing ceremony held recently at the Head Office of Jub
Published 15 Mar, 2016 12:00am
LHC rejects petition

LHC rejects petition

The Lahore High Court has rejected a petition by an elite security officer challenging his sacking. On Monday, the counsel of petitioner Malik Arshad said his client was a senior officer and he had even served with former president Pervaiz Musharraf. He a
Published 15 Mar, 2016 12:00am
Pakistan's economy: IPR launches report on six-month review
Cotton

Pakistan's economy: IPR launches report on six-month review

Institute of Policy Reforms (IPR) launched a report on six-month review (July to December) of the Pakistan economy for the year 2015-16. "Pakistan has pinned too much hope on the China Pakistan Economic Corridor for its economic revival but the corridor w
Published 15 Mar, 2016 12:00am
Iran expresses intention to provide 3,000 megawatts of electricity

Iran expresses intention to provide 3,000 megawatts of electricity

Iran has expressed its intention to provide 3,000 megawatts of electricity to tackle the persistent power outages. The transmission infrastructure development can cost US $1.5 billion. The Iranian high-ups made this offer to a 26-member delegation from La
Published 15 Mar, 2016 12:00am
Balochistan parliamentary team meets Shahbaz

Balochistan parliamentary team meets Shahbaz

A parliamentary delegation of Balochistan led by Senator Usman Khan Kakar met Punjab Chief Minister Muhammad Shahbaz Sharif, here on Monday and discussed matters of mutual interest. The Parliamentary delegation comprised Senator Sardar Muhammad Azam Khan
Published 15 Mar, 2016 12:00am
NAB recovers Rs 266.544 billion since its inception

NAB recovers Rs 266.544 billion since its inception

Corruption is the mother of all evils. To tackle corruption related matters, National Accountability Bureau (NAB) was established in 1999 as Pakistan's apex anti-corruption organisation which is assigned with the responsibility of elimination of corruptio
Published 15 Mar, 2016 12:00am
PPP MPA gives tough time to JI

PPP MPA gives tough time to JI

PPP MPA from Dir Upper, Sahibzada Sanaullah gave tough time to Jamaat-e-Islami (JI), coalition partner in Khyber Pakhtunkhwa government for second consecutive day in the provincial and accused it nepotism and favouritism in the distribution of relief good
Published 15 Mar, 2016 12:00am
PML-Q Lahore discusses party's reorganisation

PML-Q Lahore discusses party's reorganisation

A meeting of Lahore's Pakistan Muslim League-Quaid-e-Azam chaired by party Central Information Secretary Senator Kamil Ali Agha took place at the Muslim League House on Monday to talk about the party's re-organisational matters. Secretary Agha told his au
Published 15 Mar, 2016 12:00am
Efficient judicial system a must for ensuring rule of law: DG FJA

Efficient judicial system a must for ensuring rule of law: DG FJA

The Director General, Federal Judicial Academy (FJA), Fakhar Hayat, has said that an effective and efficient justice system is critical for the maintenance of the rule of law. Mention must also be made of the important role that prosecutors are assigned t
Published 15 Mar, 2016 12:00am
PTI will never be part of alliance of PML-N and PPP: Sarwar

PTI will never be part of alliance of PML-N and PPP: Sarwar

The Punjab-based Pakistan Tehreek-e-Insaf's presidential candidate has made it clear that his party will never be a part of any alliance of the governing and Pakistan People's parties because they pursue "anti-people policies". The so-called "clarificatio
Published 15 Mar, 2016 12:00am
Ghazi Rashid case: Musharraf's counsel granted 3 days

Ghazi Rashid case: Musharraf's counsel granted 3 days

The Islamabad High Court (IHC) Monday granted three days to former army chief and president Pervez Musharraf for submitting documents in the Lal Mosque cleric Ghazi Abdul Rasheed murder case. Appearing before a single member bench of Justice Aamir Farooq
Published 15 Mar, 2016 12:00am
Punjab government, WWF-P agree to support action on climate change

Punjab government, WWF-P agree to support action on climate change

The WWF-Pakistan and the Punjab government held a pledge-signing ceremony on Monday at the Punjab Assembly to demonstrate their mutual support for action on climate change and take strong steps towards a low-carbon, sustainable future.
Published 15 Mar, 2016 12:00am
Siraj castigates government policies

Siraj castigates government policies

Chief of Jamaat-e-Islami Senator Sirajul Haq, has said that the people nursed by dictatorship could not deliver democracy. Talking to a delegation of the JUI (F) Sindh at Mansoora, he said that most of the faces in so-called political parties were the sam
Published 15 Mar, 2016 12:00am
Martyred cops: Punjab government gives Rs 17 million compensation

Martyred cops: Punjab government gives Rs 17 million compensation

Punjab government has granted Rs 17 million compensation to three martyred cops of the Punjab Highway Police, who were killed in a "terrorist attack". In this connection, a special ceremony was held at Police Lines on Monday, in which Punjab Law Minister
Published 15 Mar, 2016 12:00am
Government accords high importance to CPEC: minister

Government accords high importance to CPEC: minister

Minister for Water and Power Khawaja Asif said on Monday that the Government accords high importance to the China Pakistan Economic Corridor (CPEC) which will give a major relief to the power sector of Pakistan. Presided over a meeting of PPIB Board, he s
Published 15 Mar, 2016 12:00am
Hedge funds step up bets on commodity market revival

Hedge funds step up bets on commodity market revival

After deserting commodities markets during last year's slide, some hedge funds are starting to move back in, betting a recent pick-up in energy prices could signal a turning point. A handful of managers are weighing up new specialist hedge funds, industry
Published 15 Mar, 2016 12:00am
Hedge funds step up bets on commodity market revival

Hedge funds step up bets on commodity market revival

After deserting commodities markets during last year's slide, some hedge funds are starting to move back in, betting a recent pick-up in energy prices could signal a turning point. A handful of managers are weighing up new specialist hedge funds, industry
Published 15 Mar, 2016 12:00am
Oil falls as worry over growing stockpile cuts short rally

Oil falls as worry over growing stockpile cuts short rally

Oil prices fell about 3 percent on Monday on concerns that a six-week market recovery has gone beyond fundamentals as US crude stockpiles continue to build and Iran maintains little interest in joining major producers in freezing production. Crude invento
Published 15 Mar, 2016 12:00am
KCA to hold cotton moot
Cotton

KCA to hold cotton moot

A news item appeared in Business Recorder on March 11, says that the Karachi Cotton Association (KCA) is going to hold a cotton moot on the 15th March on cotton crop failure in 2015-16. All the agencies that are concerned with cotton industry are i
Published 15 Mar, 2016 12:00am
'Unreasonable behaviour'

'Unreasonable behaviour'

This is apropos a letter 'Unreasonable behaviour' carried in these columns. Islamabad therefore would be wise to opt for an alternative venue. As regards cooperation to fight terrorism, actions speak louder than words. Pakistan has been making genuine eff
Published 15 Mar, 2016 12:00am
Right-wing populist AfD shakes up German political landscape

Right-wing populist AfD shakes up German political landscape

The success of the anti-migrant AfD marks a turning point for Germany's usually stable and consensus-driven politics - the rise of right-wing populists at the expense of old mainstream parties. The accelerated splintering of the political landscape furthe
Published 15 Mar, 2016 12:00am
Syria war begins sixth year as US, Russia pull the strings

Syria war begins sixth year as US, Russia pull the strings

The United States and Russia are pulling the strings in Syria's five-year war, experts say, pressuring opposing sides and leveraging rival regional powers to reach a settlement. As the conflict enters its sixth year, the embattled regime and fractured opp
Published 15 Mar, 2016 12:00am
Dark shades of governance

Dark shades of governance

As time passes, the world becomes a bigger mess. Rising human population was bound to escalate demand for everything, but managing demand and the related environmental issues remains the continuing failure of governments everywhere, escalating global pove
Published 15 Mar, 2016 12:00am
War and peace in Syria

War and peace in Syria

The second round of the UN-brokered peace process in Syria opening this week in Geneva stands almost subverted already. On the eve of talks, Foreign Minister Walid al-Muallem had the audacity to say that "We will not talk with anyone who wants to discuss
Published 15 Mar, 2016 12:00am
The unconventional methods

The unconventional methods

The International Monetary Fund (IMF) has endorsed unconventional monetary policies of European and Japanese central banks though the emerging markets, particularly the Governor of the State Bank of India, warned that such policies are increasing the cost
Published 15 Mar, 2016 12:00am
PSM BoD barred from holding meeting

PSM BoD barred from holding meeting

Privatisation Commission (PC) has reportedly barred Pakistan Steel Mills (PSM) Board of Directors (BoD) from holding meeting until audit of employees is conducted; well informed sources in PSM told Business Recorder from Karachi. PSM had convened a
Published 15 Mar, 2016 12:00am
PSM BoD barred from holding meeting

PSM BoD barred from holding meeting

Privatisation Commission (PC) has reportedly barred Pakistan Steel Mills (PSM) Board of Directors (BoD) from holding meeting until audit of employees is conducted; well informed sources in PSM told Business Recorder from Karachi. PSM had convened a
Published 15 Mar, 2016 12:00am
The Weather

The Weather

The weather report on Monday (March 14, 2016) and the forecast for Tuesday (March 15, 2016).

Published 15 Mar, 2016 12:00am
PSM BoD barred from holding meeting

PSM BoD barred from holding meeting

Privatisation Commission (PC) has reportedly barred Pakistan Steel Mills (PSM) Board of Directors (BoD) from holding meeting until audit of employees is conducted; well informed sources in PSM told Business Recorder from Karachi. PSM had convened a
Published 15 Mar, 2016 12:00am
Previous Day