Punjab Minister for Labour and Manpower, Raja Ashfaq Sarwar visited worst areas affected by landslides in Murree and constituted Committees headed by Assistant Commissioner Murree and Kotli Sattian to assess damages. The teams will be comprising officers
Shutter down strike was observed in Bajaur Agency on Sunday against the closure of the Inayat Kalley Bazaar that had been closed for the last 19 days by political administration due to killing of FC officials by unknown miscreants. The strike call was giv
Pakistan Navy (PN) warship - PNS ASLAT - has reached French Islanad De LA Reunion to participate in an exercise with the French Navy, according to the PN's media update issued here on Sunday.
Drug Regulatory Authority of Pakistan (DRAP) will clear all 7,500 pending cases of drugs registration in current year. Chief Executive officer (CEO) of DRAP, Dr Muhammad Aslam Sunday said that out of total registration cases, 3,500 were old pending cases
Pakistan is determined to work towards achieving the targets set for gender equality and empowerment of women by the Sustainable Development Goals (SDGs), Ambassador Maleeha Lodhi has said.
Jocelyn G. Brown is the Deputy Administrator in USDA's Foreign Agricultural Service (FAS). In this position, she oversees USDA's international food and technical assistance programs. Before serving as Deputy Administrator, she covered trade policy
Jocelyn G. Brown is the Deputy Administrator in USDA's Foreign Agricultural Service (FAS). In this position, she oversees USDA's international food and technical assistance programs. Before serving as Deputy Administrator, she covered trade policy
This is apropos Business Recorder editorial "Political point scoring" carried by it yesterday. The newspaper has concluded: "Perhaps, the PPP was better placed to seek trial of Musharraf in both the cases than the PML (N) which filed the treason ca
The European Central Bank's plan to buy corporate bonds to help the eurozone economy is boosting the private-sector debt market which promptly responded with a new record-sized company bond.
Rising inequality threatens to derail, from the start, successful implementation of the new 2030 Agenda for Sustainable Development in the Asia-Pacific region. Stronger, more equitable social protection will be critical in overcoming these challenges.
This is the second of a two-part series of articles on the Indian budget and comparisons with Pakistani budgets. Part-one focused on revenue generation while part-II will focus on expenditure allocations.
After hectic negotiations and tenacious bargaining the EU has succeeded in securing Turkey's agreement to act as a bulwark of Europe against the refugees who arrive across the treacherous waters of the Aegean. Under the agreement, signed in Brussels on Th
Economic Coordination Committee (ECC) of Cabinet is a policymaking body. Its members' job is to debate issues thoroughly after they are able to forge consensus among all stakeholders. Finance Minister Muhammad Ishaq Dar has, therefore, done well in bringi
Society for Conservation and Protection of Environment (SCOPE) Chief Executive Officer (CEO) and prominent environmentalist Tanveer Arif has said that bad governance is behind massive deforestation in the country.
Sindh Minister for Health Jam Mehtab Hussain Dahar has said that the provincial government is going to purchase 100 new dialysis machines of which 50 will be given to the Sindh Institute Urology and Transplantation (SIUT).
The opposition parties in Sindh have decided to initiate a movement against the provincial government from April 1 for alleged corruption and maladministration. The movement would be under the aegis of the Grand Democratic Alliance (GDA) formed by the opp
President of Pakistan Peoples Party Parliamentarian (PPPP) Asif Ali Zardari has expressed profound grief over the loss of more than two dozen precious lives, injuries to scores of others in torrential rain-related incidents in Khyber Pakhtunkhwa (KP), Fed
Raza Haroon, who has recently joined an unnamed political party of Mustafa Kamal, Sunday said his party would give another surprise to the nation in a press conference today. Talking to media after meeting Pakistan Tehreek-e-Insaf (PTI) leader Imran Ismai
Senior lawyer and leader of All Pakistan Muslim League (APML), Ahmed Raza Kasuri on Sunday dismissed notion that departure of Pervez Musharraf was result of a secret deal between the government and the former military dictator.
Two bullet-riddled bodies were recovered from Korangi area, here on Sunday. Police and rescue sources said that two bodies were recovered from Korangi Crossing area of Karachi.
Chairman All Pakistan Textile Mills Association, Tariq Saud thanked the Prime Minister Mian Muhammad Nawaz Sharif, Federal Minister for Finance Muhammad Ishaq Dar, Federal Minister for Petroleum & Natural Resources Shahid Khaqan Abbasi and Special Assista
Chairman Pakistan People's Party (PPP) Bilawal Bhutto Zardari on Sunday asked the party cadres to gear up and make advance preparations for 2018 general elections as the party has to be fully activated and mobilised to the grass-root levels to reinvent it
Senior Advisor Ombudsman's Regional Office, Farzana Jabeen, has urged the K-Electric to send bills to the consumers as per actual meter-readings. She said that in many cases, the poor citizens are not sent bills as per meter reading that is why they are u
Bilawal Bhutto Zardari Chairman of Pakistan People's Party, condemned brutal and shocking murders of two Muslim cattle traders in Indian state of Jharkhand at the hands of extremist Hindus. He asked the Indian government to nab the culprits involved and p
Govt on Sunday released 86 Indian fishermen held for trespassing into its territorial waters, officials said, the second batch freed this month. "We released 86 more Indian fishermen today," Superintendent of Malir prison Raja Mumtaz told AFP, adding that
Director General (DG) Pakistan Rangers (Sindh) Major General Bilal Akbar on Sunday clarified that Karachi operation was only against criminals and not against any party. This he said while talking to a 70-member delegation of All Pakistan Security Service
Barcelona extended their lead at the top of La Liga to nine points despite blowing a two-goal advantage to draw 2-2 at Villarreal on Sunday. Ivan Rakitic and a controversial Neymar penalty had Barca on course for a 13th consecutive La Liga win before half
Teenage sensation Marcus Rashford struck again as Manchester United won 1-0 at Manchester City on Sunday to rekindle their top-four challenge and fatally compromise their derby rivals' Premier League title hopes. Rashford embarrassed hapless City defender
Novak Djokovic toppled a resurgent Rafael Nadal in straight sets Saturday and to reach the Indian Wells final, where he'll be seeking a third straight and record fifth overall title.
Khyber Pakhtunkhwa Athletic Association has decided to hold trials on March 25 at 9am at the Tartan Track of the Qayyum Sports Complex for the forthcoming Quaid-e-Azam Inter-Provincial Games to be held in Islamabad in next month.
Squash wizard and legendry Jansher Khan Sunday said that the president of Pakistan Squash Federation, Air Chief Marshal Sohail Aman, Chief of the Air Staff Pakistan Air Force for taking a bold initiatives for the restoration international squash in the co
Punjab Chief Minister Muhammad Shahbaz Sharif distributed prizes among the winning players in the prize distribution ceremony of first Chief Minister's Cup Golf Tournament at Lahore Gymkhana Golf Club Sunday and congratulated them on their success.
Ashton Eaton cruised to his third consecutive heptathlon crown to complete a unique husband-and-wife double as American athletes dominated at the World Indoor Athletics Championships on Saturday.
South Africa captain Faf du Plessis praised AB de Villiers's 'match-changing' half century as South Africa defeated Afghanistan by 37 runs in their World Twenty20 clash in Mumbai on Sunday. The right-handed batsman scored a quick-fire 64 to propel the Pro
India's S.S.P. Chawrasia, a second-place finisher in four previous Indian Opens, finally won the tournament Sunday with a two-stroke victory and clinched a third European Tour title in the process. Chawrasia, 37, recorded a final-round 71 for a total of 2
Scores of Bangladeshi cricket fans took to the streets of Dhaka on Sunday to express their outrage hours after global cricket officials banned the country's top bowlers from competing in the World Twenty20 in India.
Andre Fletcher powered the West Indies to a comprehensive seven-wicket victory against Sri Lanka in their World Twenty20 match in Bangalore on Sunday, even without destructive opener Chris Gayle.
South Africa increased its benchmark interest rate on Thursday to a level last seen six years ago as it battles to avoid a credit downgrade in the face of slow growth and a weak currency.
It's a concept that conjures up images of European Central Bank chief Mario Draghi donning his flying suit, starting his helicopter and flying out over the eurozone to throw money to the crowds below.
From ready-to-wear knits manufactured instantly to customised dresses produced on inkjet printers, Japan's apparel industry is turning to state-of-the-art technology in a bold bid to cut labour costs and secure its future.
This year was supposed to be a good one for Spanish builders but the lack of a government three months after an inconclusive general election has put the brakes on economic activity. "Everything that has to do with construction in this country is blocked,
In lowering its likely path of future interest rate increases this week, the Federal Reserve pushed down the dollar, perhaps aiming to ease strains caused by clashing monetary policies.
Rival protests sweeping Brazil have exposed a demographic divide between President Dilma Rousseff's haters and her backers, igniting a national debate about race and class that is only increasing tensions.
American Sue Pemberton rushed to Havana to experience authentic Cuba before the communist island gets swamped by capitalism. The only problem: millions of other foreigners had exactly the same idea.
One in four deaths world-wide are due to environmental factors like air, water and soil pollution, as well as unsafe roads and workplace stress, the World Health Organisation (WHO) said on Tuesday. An estimated 12.6 million people died in 2012 as a result
Some 650 million people, or one in 10 of the world's population, do not have access to safe water, putting them at risk of infectious diseases and premature death. Dirty water and poor sanitation can cause severe diarrhoeal diseases in children, killing 9
Rising sea levels driven by climate change could upend the lives of more than 13 million Americans by the end of the century, according to a study released on Monday. If global warming lifts oceans 1.8 metres (six feet) by 2100, as some scientists forecas
People who are born with genetically high cholesterol may be about twice as common in the United States as previously believed, according to new research published on Monday. About one in 250 adults likely have this type of high cholesterol, which may req
Refugees fleeing war, violence and persecution have a much higher risk of developing psychotic illnesses like schizophrenia than people who migrate for economic or social reasons, according to research published on Tuesday.
An experimental vaccine against dengue, the world's most common mosquito-borne virus, was 100 percent effective in early trials and could speed up the pace of a vaccine against Zika, researchers said on Wednesday. Dengue - which is in the same family of f
An experimental blood test may one day be able to detect a range of diseases including cancer and multiple sclerosis, based on signatures of DNA from dying cells, researchers said on Monday. The work, described in the Proceedings of the National Academy o
Sufferers of Alzheimer's disease may not have "lost" their memories, but could simply have difficulty accessing them, say researchers, who Wednesday unveiled a possible treatment that could one day offer a cure to the ravages of dementia. Nobel Prize-winn
The days of having to be at home or in the cinema to enjoy exciting action movies or soppy romantic comedies are gone. Now we can enjoy such entertainments while travelling by train, plane or car or in our hotel rooms. But should we drag around DVDs and B
How many posts per second do users "like" on Facebook? How many hours worth of YouTube videos do people watch world-wide? An interactive map, Internet in Real-Time, by trading website Pennystocks.la offers some insight into what is actually happening on t
Sony said Monday its Internet-based television service aimed at luring consumers away from cable subscriptions was being expanded to the entire US market. The PlayStation Vue will offer streamlined "bundles" for as little as $30 a month without long-term
Virtual reality and 3D printing are among top technologies showcased by thousands of IT companies attending this year's technology show CeBIT in the northern German city of Hanover. Here are some eye-catching gadgets from the annual fair:
Online retail colossus Amazon is seeking a US patent on using selfies - instead of passwords - for shopping when using smartphones. Seattle-based Amazon reasoned that combining sensor and camera capabilities in smartphones with face and gesture recognisin
Ransomware trojan viruses like the recent Locky are spreading round the globe and are being encouraged, in effect, by thousands of computer users who cave in to their blackmail demands. Around one-third of the victims of extortion software pay a ransom to
Google reported that the amount of encrypted online traffic hitting its servers jumped in the past year in a sign of heightened interest in protecting information on the Internet. Google introduced a new encryption, or HTTPS, section in a transparency rep
Instagram is to give up its chronological order for photo and video feeds because too many people miss posts, opting instead for an order based on users' preferences, the company has said. "People miss on average 70 percent of their feeds," Instagram said
Apple Inc recently started using Google's cloud service even as it simultaneously builds its own data centers to reduce its reliance on third-party service providers, technology news website Re/code reported, citing sources familiar with the deal.
A new sensor from D-Link can detect water leaks in the home and then alert the owner via smartphone if a dishwasher or washing machine or some other household appliance pops a hose. Rubber hoses that burst or wriggle free of their clamps are a common sour
Google's parent company Alphabet is seeking to sell its Boston Dynamics subsidiary specialised in developing and manufacturing robots, the Financial Times reported Friday.
United Parcel Service Inc on Tuesday extended its commitment to compressed natural gas vehicles with a $100 million plan to build 12 fuelling stations and add 380 CNG trucks to its fleet. The announcement comes as a sharp slide in the price of crude oil h
Equity Bank, Kenya's biggest bank by deposits, may be interested in buying parts of Barclays' Africa business, its CEO said on Tuesday. James Mwangi told Reuters he saw potential acquisition opportunities following Barclays' decision to reduce its stake i
Equity Bank, Kenya's biggest bank by deposits, may be interested in buying parts of Barclays' Africa business, its CEO said on Tuesday. James Mwangi told Reuters he saw potential acquisition opportunities following Barclays' decision to reduce its stake i
Package delivery company FedEx Corp said on Wednesday its quarterly profit was hurt by costs related to its pending acquisition of Dutch package firm TNT and settling a legal case over FedEx Ground drivers, but gave a strong earnings forecast that sent it
Package delivery company FedEx Corp said on Wednesday its quarterly profit was hurt by costs related to its pending acquisition of Dutch package firm TNT and settling a legal case over FedEx Ground drivers, but gave a strong earnings forecast that sent it
German reinsurance giant Munich Re on Wednesday announced plans to buy back around one billion euros ($1.1 billion) of its own shares and unveiled "ambitious" new earnings targets for the current year. "Although 2015 was not an easy year, Munich Re was ab
Czech state-run power group CEZ said on Tuesday that net profit for 2015 fell by eight percent from 2014 on a drop in energy prices and lower production at its nuclear plants. Europe's second largest power exporter CEZ said in a statement its net profits
Oracle Corp reported a higher-than-expected quarterly profit as its cloud business continued to gain momentum, and the company said it was boosting its stock buyback program by $10 billion. Oracle shares rose about 4 percent in extended trading. Oracle ha
Boeing and Airbus expect Indian airlines to order up to 1,740 jets over the next 20 years, as aircraft manufacturers eye one of the world's fastest-growing aviation markets to offset any weaker sales elsewhere.
German state rail operator Deutsche Bahn announced on Wednesday that it posted a heavy loss in 2015, its first in 12 years, largely as a result of writedowns on its cargo business. Deutsche Bahn said in a statement it booked a bottom-line loss of 1.3 bill
German state rail operator Deutsche Bahn announced on Wednesday that it posted a heavy loss in 2015, its first in 12 years, largely as a result of writedowns on its cargo business. Deutsche Bahn said in a statement it booked a bottom-line loss of 1.3 bill
DP World, one of the world's largest port operators, posted a 30.7 percent rise in annual profit as revenue jumped in the Middle East, Europe and Africa, the company said on Thursday. DP World's 2015 profit attributable to owners of the company was $883 m
State carrier Oman Air's losses narrowed last year and it required less financial support from the government as the airline boosted its capacity, chairman Darwish al-Balushi said on Sunday. Oman Air's losses narrowed 21 percent in 2015 to 86 million rial
The Saudi Arabian government has told local banks that it will sell them 20 billion riyals ($5.3 billion) of three-, five- and seven-year bonds, with floating as well as fixed rates, the Maaal financial website quoted sources as saying on Sunday. Allocati
The Saudi Arabian government has told local banks that it will sell them 20 billion riyals ($5.3 billion) of three-, five- and seven-year bonds, with floating as well as fixed rates, the Maaal financial website quoted sources as saying on Sunday. Allocati
A quiet decision by private equity firm Blackstone Group LP to recently sell three TV stations may foreshadow uncertain returns for some selling TV airwaves and lower wireless demand in the US government's upcoming spectrum auction, industry watchers say.
Iran's supreme leader said Sunday that the economy must come first, insisting in a Persian new year's day message that domestic production is the best route to a strong recovery. The Nowruz holiday comes just two months after implementation began of a lan
China's economy is showing signs of improvement while capital outflows from the country are moderating, top Chinese officials said on Sunday, seeking to shore up investor confidence after recent market volatility.
The online editions of Sweden's main newspapers were knocked out for several hours by unidentified hackers at the weekend, police said Sunday as they launched an investigation.
Roger Agnelli, the former head of Brazilian mining giant Vale, died along with six other people including his wife and children when a small plane crashed into a residential building in Sao Paulo, officials said. Agnelli, 56, was flying to Rio de Janeiro
European lenders have made important progress in talks with Greece on tax and pension reforms that are part of a package of measures Athens must adopt to win new loans and debt relief, a European Commission spokesperson said on Sunday. Inspectors from the
The FBI has agreed to help Bangladesh investigate an audacious $81 million theft from the nation's foreign reserves, authorities said Sunday, days after the finance minister accused central bank officials of complicity in the heist.
India is likely to produce 5.8 million tonnes of rapeseed in 2015/16, up 16 percent from a year ago, thanks to beneficial weather conditions in key producing northern states, the head of the Central Organisation for Oil Industry and Trade (COOIT) told Reu
Canada's Bankers Petroleum Ltd, one of Albania's largest foreign investors, said on Sunday it has agreed to be acquired by affiliates of China's Geo-Jade Petroleum Corp for C$575 million ($442.34 million). Bankers Petroleum said it will be bought by firms
South Korea's Nermarble Games Corp said on Thursday it plans to complete an initial public offering between late 2016 and early 2017, a deal that could value the company as high as 10 trillion won ($8.17 billion). Netmarble, South Korea's top mobile game
Interbank buy/sell rates for the taka against the dollar on Sunday. 78.40-78.40 (previous 78.40-78.40). 02.50-04.50 percent (* Previous 01.15-04.50 percent) (* revised).
International regulators are close to releasing the first stage of a global code of conduct for the scandal-hit foreign exchange market that seeks to restore trust in the industry through a range of voluntary principles.
More China trade is expected to be settled in yuan this year despite concerns about its cooling economy and fears that the currency could weaken further. Heavy interventions by the central bank in recent months to steady the currency and deter speculators
Brazil's currency could strengthen back to mid-2015 levels or reach new record lows depending on the fate of President Dilma Rousseff, a Reuters poll showed on Thursday, as uncertainty mounted over a deepening political crisis.
Telecommunications firm Zain Saudi led Riyadh's stock market up on Sunday, while Egypt's bourse stalled after soaring last week in response to a currency devaluation. Most Gulf markets moved little, digesting strong rallies since mid-February.
Mexican cement producer Cemex hopes to complete an initial public offering (IPO) of a minority stake in its Philippine unit within four months, and is in talks to sell US assets, the company's chief executive said on Monday.
Britain will increase sales of government bonds in the coming fiscal year in part to compensate for finance minister George Osborne probbaly missing his borrowing targets, a Reuters poll of primary dealers showed on Tuesday. The mid-range forecast from a