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Dec 23, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-04-20
Treasury yields rise as oil pares losses

Treasury yields rise as oil pares losses

US Treasury yields rose on Monday as oil prices pared earlier losses and investors focused on next week's Federal Reserve meeting. Treasury prices declined on what appeared to be investors adjusting positions early on Monday, and added to losses as oil pr
Published 20 Apr, 2016 12:00am
Taiwan stocks rise

Taiwan stocks rise

Taiwan stocks rose on Tuesday, tracking gains in overseas markets, but bargain-hunting investors may turn cautious ahead of March export orders data scheduled to be released on Wednesday. Orders for Taiwan's exports are forecast to have slumped for the 12
Published 20 Apr, 2016 12:00am
Surprise Italian bond sale drives up peripheral yields

Surprise Italian bond sale drives up peripheral yields

Low-rated eurozone bond yields rose on Tuesday as investors made room in their portfolios for an unexpected Italian bond sale, while growing chances of an election re-run in Madrid added to the long list of upcoming political risks. Italy issued a 6.5 bil
Published 20 Apr, 2016 12:00am
Surprise Italian bond sale drives up peripheral yields

Surprise Italian bond sale drives up peripheral yields

Low-rated eurozone bond yields rose on Tuesday as investors made room in their portfolios for an unexpected Italian bond sale, while growing chances of an election re-run in Madrid added to the long list of upcoming political risks. Italy issued a 6.5 bil
Published 20 Apr, 2016 12:00am
Nikkei index soars 3.7 percent

Nikkei index soars 3.7 percent

Tokyo stocks surged Tuesday, extending a global equities rally with a weaker yen lifting exporters as investors shrugged off failed talks to cut oil output. Tokyo's benchmark index had plunged 3.4 percent Monday as energy firms were hit by tumbling crude
Published 20 Apr, 2016 12:00am
Strong trading updates help European shares to three-month high

Strong trading updates help European shares to three-month high

European shares rose to three-month highs on Tuesday, helped by a rally in commodities-related stocks and encouraging trading updates from French cosmetics firm L'Oreal and advertising group Publicis. L'Oreal rose 5 percent as it said it would outperform
Published 20 Apr, 2016 12:00am
Southeast Asian stocks mixed

Southeast Asian stocks mixed

Southeast Asian stock markets traded mixed on Tuesday with the Thai index extending gains to close at its highest since November 4, while stocks in the Philippines were down amid uncertainty ahead of a presidential election in May. Thailand's SET index ga
Published 20 Apr, 2016 12:00am
FTSE hits four-month high as miners rally

FTSE hits four-month high as miners rally

Britain's benchmark stock market index rose to its highest level in four months on Tuesday, lifted by stronger mining and banking stocks. The bluechip FTSE 100 index was up 51.83 points, or 0.4 percent at 6,405.35 points, having hit a high of 6,418.25 - a
Published 20 Apr, 2016 12:00am
Commodity currencies rise, yen slips in Asia
Currency

Commodity currencies rise, yen slips in Asia

Commodity currencies rose on Tuesday with the Australian dollar hitting a 10-month high while the yen edged lower after oil prices appeared to stabilise from a sharp slide, underpinning risk sentiment. The Australian dollar touched a high of $0.7784 at on
Published 20 Apr, 2016 12:00am
Commodity currencies at 10-month highs in Europe
Exchange

Commodity currencies at 10-month highs in Europe

Commodity currencies like the Australian and New Zealand dollars soared to 10-month highs against the US dollar, drawing support from oil prices which stabilised from a slide and underpinned broad risk sentiment in global markets. The Australian dollar ro
Published 20 Apr, 2016 12:00am
Dollar weakens against most currencies in New York
Exchange

Dollar weakens against most currencies in New York

The US dollar was weaker against most currencies on Monday after the impact of oil producers' failure to agree on a plan to curb global supply faded, boosting risk appetite and leaving traders to mull a dovish Federal Reserve. Commodity-linked currencies
Published 20 Apr, 2016 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 78.40-78.40 (previous 78.40-78.40).
Published 20 Apr, 2016 12:00am
Sri Lanka five-day rupee forwards down
Currency

Sri Lanka five-day rupee forwards down

Sri Lankan five-day rupee forwards dropped lower Tuesday on importer dollar demand even as a state-run bank prevented further falls in the currency by selling the greenback, dealers said. The forwards, which are known as spot next and act as a proxy for t
Published 20 Apr, 2016 12:00am
Asian forex: South Korea's won at over five-month high
Exchange

Asian forex: South Korea's won at over five-month high

South Korea's won hit a more than five-month high as some analysts said the central bank chief eased views of a rate cut on Thursday, while emerging Asian currencies advanced with a tentative stabilisation in oil prices improving risk sentiment. The won r
Published 20 Apr, 2016 12:00am
Yuan edges up

Yuan edges up

The yuan reversed early losses on Tuesday and firmed against the dollar by midday, a change of direction traders credited to weakness in other global currencies. The People's Bank of China set the midpoint rate at 6.4700 per dollar prior to market open, 0
Published 20 Apr, 2016 12:00am
Sterling jumps above $1.44 for first time this month
Currency

Sterling jumps above $1.44 for first time this month

Sterling jumped above $1.44 on Tuesday for the first time this month as nerves about a possible Brexit were soothed a little by two polls showing the "In" camp well ahead in the run-up to Britain's referendum on European Union membership. A string of rece
Published 20 Apr, 2016 12:00am
Aussie, kiwi scale 10-month peaks

Aussie, kiwi scale 10-month peaks

The Australian and New Zealand dollars scaled 10-month peaks on Tuesday after a sudden reversal higher in oil prices boosted risk appetite, sending the yen and government bonds lower. The Australian dollar climbed to $0.7784, its highest since June, havin
Published 20 Apr, 2016 12:00am
Sport cannot 'hide' from human rights

Sport cannot 'hide' from human rights

No country or body hosting global sports events can "hide" from the challenge of human rights, a conference in Qatar was told Tuesday by the expert drafted in by FIFA to advise on workers' conditions. Professor John Ruggie was speaking in Doha to an audie
Published 20 Apr, 2016 12:00am
Injured Aussie Hastings out of IPL

Injured Aussie Hastings out of IPL

Australian all-rounder John Hastings has been ruled out of the rest of the Indian Premier League with an ankle injury, raising concerns about his fitness for the upcoming tour of the West Indies. Hastings played two matches for his IPL side Kolkata Knight
Published 20 Apr, 2016 12:00am
Pochettino proud as 'perfect' Spurs maintain title charge

Pochettino proud as 'perfect' Spurs maintain title charge

Tottenham Hotspur manager Mauricio Pochettino believes his side delivered the "perfect" message to Premier League leaders Leicester City after an emphatic 4-0 win at Stoke City saw them close the gap at the top of the table to five points. Leicester's 2-2
Published 20 Apr, 2016 12:00am
National Golf Championship from April 21

National Golf Championship from April 21

The 55th Amateur Golf Championship will tee off on Thursday (April 21) here at Defence Raya Golf and Country Club Golf Course. Skilled golfers seeking the amateur national golf title from all over Pakistan and champions from Afghanistan, Bangladesh and Ir
Published 20 Apr, 2016 12:00am
UEFA to use Hawk-Eye goal-line technology at Euro 2016

UEFA to use Hawk-Eye goal-line technology at Euro 2016

UEFA have announced that Hawk-Eye will provide the goal-line technology (GLT) at the European Championship in France in June and July. European football's governing body approved the use of the technology in January and have now chosen Hawk-Eye ahead of t
Published 20 Apr, 2016 12:00am
PCB expresses disappointment over West Indies Board's refusal

PCB expresses disappointment over West Indies Board's refusal

Pakistan Cricket Board (PCB) has expressed disappointment at West Indies Cricket Board's refusal to play a limited over series in Pakistan between September and October this year. Sources in the PCB said that the West Indies board has informed that they p
Published 20 Apr, 2016 12:00am
Rousseff says 2016 Games ahead of schedule

Rousseff says 2016 Games ahead of schedule

Preparations for the 2016 Olympic Games in Rio de Janeiro are ahead of schedule despite the economic slump in Brazil, the country's president Dilma Rousseff insisted on Tuesday. "The Games are in a totally adequate situation, we're even a little ahead of
Published 20 Apr, 2016 12:00am
South Africa players against day-night Test

South Africa players against day-night Test

South Africa are reluctant to play a day-night Test during their tour of Australia as they have no experience with the pink ball, the Proteas' players association chief has said. South Africa will tour Australia in a three-Test series in the home summer a
Published 20 Apr, 2016 12:00am
Japan player yanked from squad as casino scandal deepens

Japan player yanked from squad as casino scandal deepens

Japan's crisis-hit national badminton team suffered a further blow Tuesday after another player was yanked from its roster in the wake of an illegal casino scandal. The Nippon Badminton Association said it removed 21-year-old Kenta Nishimoto from the squa
Published 20 Apr, 2016 12:00am
Moscow get thumbs up from Infantino over 2018 World Cup preparations

Moscow get thumbs up from Infantino over 2018 World Cup preparations

FIFA president Gianni Infantino on Tuesday expressed his satisfaction with Moscow's preparations for the 2018 World Cup during his first visit to Russia since being elected chief of world football's governing body. "It is truly impressive, so impressive t
Published 20 Apr, 2016 12:00am
GGC Mardan win overall trophy in Inter-College Games

GGC Mardan win overall trophy in Inter-College Games

Girls College (GGC) Mardan clinched the overall trophy of the Inter-College Girls Games held under the aegis of the Directorate of Sports Board of Intermediate and Secondary Education (BISE) Mardan here Tuesday. Chairman, BISE Mardan Mushtaq Ahmad, Secret
Published 20 Apr, 2016 12:00am
Inzamam urges patience as Pakistan rebuild

Inzamam urges patience as Pakistan rebuild

Former Pakistan cricket captain Inzamam-ul-Haq has called for patience as he begins his new role as chief selector and says there is no quick fix to solving the side's problems. Pakistan rose to number two in the test rankings last year after series wins
Published 20 Apr, 2016 12:00am
Greece expects Eurostat data to help conclude bailout review

Greece expects Eurostat data to help conclude bailout review

The Greek government said on Tuesday that European data this week will confirm it performed better than expected last year and help conclude a review of its reforms, adding that it would only implement more measures if it missed its 2018 targets. A succes
Published 20 Apr, 2016 12:00am
Bank of Korea holds rates for 10th straight month

Bank of Korea holds rates for 10th straight month

South Korea's central bank kept interest rates untouched on Tuesday for a 10th straight month, and its governor stressed that the current rate level supports economic growth, although a lowered growth forecast for this year kept expectations of a rate cut
Published 20 Apr, 2016 12:00am
Colombia leader says peace offers 'golden opportunity' on drug trade

Colombia leader says peace offers 'golden opportunity' on drug trade

President Juan Manuel Santos says Colombia has a "golden opportunity" to uproot the drug trade in this world hub of cocaine production, once a 50-year conflict with leftist insurgents is put to rest. Lasting change, however, also requires a new internatio
Published 20 Apr, 2016 12:00am
Palmyra arch rises again in London's Trafalgar Square

Palmyra arch rises again in London's Trafalgar Square

A replica of one of the most iconic monuments destroyed by Islamic State (IS) jihadists in the ancient Syrian city of Palmyra was unveiled in London's Trafalgar Square Tuesday. The six-metre (20 feet) tall scale recreation of the Triumphal Arch is made of
Published 20 Apr, 2016 12:00am
Hollande 'worried' over Syria talks, pledges Jordan support

Hollande 'worried' over Syria talks, pledges Jordan support

French President Francois Hollande said Tuesday that the Syrian opposition's decision to suspend participation in peace talks was "worrying", as he offered to support Jordan in dealing with refugees fleeing the five-year conflict. Speaking a day after Syr
Published 20 Apr, 2016 12:00am
Turkey kills 32 IS fighters in Iraq after attack on tank: report

Turkey kills 32 IS fighters in Iraq after attack on tank: report

The Turkish army killed 32 suspected fighters from the Islamic State group in northern Iraq on Tuesday following an attack on one of its tanks, Turkish media reported. Turkish troops destroyed a building used by IS, killing 10 jihadists, and then killed a
Published 20 Apr, 2016 12:00am
21 die in boat capsize off Myanmar: UN

21 die in boat capsize off Myanmar: UN

At least 21 people including nine children died after a boat capsized in rough waters off the coast of Myanmar's restive Rakhine state on Tuesday, a UN spokesman said. The vessel was transporting around 60 passengers from a camp to a local market, accordi
Published 20 Apr, 2016 12:00am
UN chief opens new building for under-fire ICC

UN chief opens new building for under-fire ICC

UN chief Ban Ki-moon Tuesday made a powerful plea for nations everywhere to end impunity for the world's worst crimes, as he officially opened the new premises of the International Criminal Court. The first permanent headquarters for the ICC, situated on
Published 20 Apr, 2016 12:00am
Transport security focus at London counter-terror fair

Transport security focus at London counter-terror fair

A red line appears on the computer screen as a man with a dummy gun and a fake suicide vest under his jacket demonstrates a body scanner at a counter-terrorism technology fair in London on Tuesday. Unlike traditional airport security gates, the scanner ca
Published 20 Apr, 2016 12:00am
North Korea on path to develop inter-continental missiles: US general

North Korea on path to develop inter-continental missiles: US general

Unless it is stopped, North Korea will eventually acquire intercontinental ballistic missile capabilities, the four-star general selected to lead US forces in South Korea told lawmakers Tuesday. Speaking at his nomination hearing before the Senate Armed S
Published 20 Apr, 2016 12:00am
'We have not provided source code to China': Apple

'We have not provided source code to China': Apple

Apple has not provided its underlying software instructions or "source code" to China, the company's top lawyer said Tuesday, seeking to quash rumours about the iPhone maker's data security. Apple's general counsel Bruce Sewell, appearing at a congression
Published 20 Apr, 2016 12:00am
Kaira hails CoAS' statement

Kaira hails CoAS' statement

Qamar Zaman Kaira, Pakistan People's Party (PPP) secretary information, Tuesday hailed the Chief of Army Staff (CoAS) General Raheel Sharif's statement seeking end to corruption for enduring peace and prosperity. "I appreciate the army chief's remarks in
Published 20 Apr, 2016 12:00am
EU envoy holds meetings with Dar, ECP chief

EU envoy holds meetings with Dar, ECP chief

EU Ambassador Jean-François Cautain met on Saturday with Ishaq Dar, Finance Minister of Pakistan and on Monday with Honourable Justice Sardar Raza, Chief Election Commissioner of Pakistan. In the meetings the Ambassador handed over the final report on the
Published 20 Apr, 2016 12:00am
Panama Papers: LHCBA seeks independent inquiry

Panama Papers: LHCBA seeks independent inquiry

The Lahore High Court Bar Association (LHCBA) has called for an independent inquiry into Panama Papers. The bar leaders, while speaking at a general house meeting on Tuesday, said the whole nation was upset over the situation emerged after the Panama Leak
Published 20 Apr, 2016 12:00am
Arrangements to cope with expected heat wave reviewed

Arrangements to cope with expected heat wave reviewed

Commissioner Karachi Asif Haider Shah on Tuesday chaired a meeting to review the measures and arrangements to protect people from the effects of expected heat wave. The meeting decided that co-ordination will be developed with all concerned departments to
Published 20 Apr, 2016 12:00am
Fata tribesmen demand abolishment of FCR Act

Fata tribesmen demand abolishment of FCR Act

Elders belonging from various agencies of Fata, have sought the repealing of controversial Frontier Crime Regulation (FCR) Act, to ensure fundamental and constitutional rights to them, and supported the merger of Federally Administered Tribal Areas (FATA)
Published 20 Apr, 2016 12:00am
Artistic Denim Mills

Artistic Denim Mills

Starting 1993, Artistic Denim Mills (PSX:ADMM) has since become a big name in the textile sector. It is one of the key players in the denim industry, offering premium fabrics with unique colours and shades, and garments with an extensive array of washes.
Published 20 Apr, 2016 12:00am
Artistic Denim Mills

Artistic Denim Mills

Starting 1993, Artistic Denim Mills (PSX:ADMM) has since become a big name in the textile sector. It is one of the key players in the denim industry, offering premium fabrics with unique colours and shades, and garments with an extensive array of washes.
Published 20 Apr, 2016 12:00am
PSO refutes APCNGA allegations

PSO refutes APCNGA allegations

Apropos the news items published on Tuesday, Apr 19, 2016 by a section of media pertaining to remarks from All Pakistan CNG Association (APCNGA), Pakistan State Oil (PSO) categorically refutes the false statements and maintains that such mala fide actions
Published 20 Apr, 2016 12:00am
Fun Fair 2016 opens at SU

Fun Fair 2016 opens at SU

The two-day Funfair organised by the Bureau of STAGS in collaboration with the Department of Public Administration opened on Tuesday 19th April, outside Arts Faculty Building University of Sindh Jamshoro. The exhibitor students were preparing for the big
Published 20 Apr, 2016 12:00am
MQM leader Randhawa joins Kamal-led PSP

MQM leader Randhawa joins Kamal-led PSP

Leader of Muttahida Qaumi Movement (MQM) Iftikar Randhawa on Tuesday announced to join Mustafa Kamal-led Pak Sarzameen Party (PSP). He announced this while addressing a news conference at Kamal's DHA residence. Flanked by Mustafa Kamal and other party lea
Published 20 Apr, 2016 12:00am
Sindh lawmakers pay tributes to Sardar Khoso

Sindh lawmakers pay tributes to Sardar Khoso

Sindh Assembly on Monday paid tribute to its former member, late Sardar Muqeem Khan Khoso for his service as a lawmaker. He died on April 16, at the age of 67. Sindh Senior Education Minister, Nisar Khuhro tabled a motion to adjourn the house without taki
Published 20 Apr, 2016 12:00am
Global Halal market There's potential to claim bigger share: FPCCI chief

Global Halal market There's potential to claim bigger share: FPCCI chief

President Federation of Pakistan Chambers of Commerce and industry (FPCCI), Rauf Alam has said that Pakistan has a great potential to get a big share in the global Halal market. Speaking at Executive Committee (ordinary) and Extra Ordinary General Body me
Published 20 Apr, 2016 12:00am
Rumours about dissolution of assemblies baseless: Shah

Rumours about dissolution of assemblies baseless: Shah

Sindh Chief Minister Syed Qaim Ali Shah has said that the people of Pakistan have given mandate to the present assemblies for a period of five years. "Everyone has to respect the mandate, and the rumours about proposal to dissolve the assemblies are unfou
Published 20 Apr, 2016 12:00am
TRTA-II Programme concludes

TRTA-II Programme concludes

The Trade Related Technical Assistance (TRTA-II) Program implemented by the European Union (EU) in collaboration with the Ministry of Commerce has concluded. The first TRTA Programme was implemented by International Trade Centre (ITC) in collaboration wit
Published 20 Apr, 2016 12:00am
No change in power loadshedding duration: ministry

No change in power loadshedding duration: ministry

The Ministry of Water and Power Tuesday announced that power loadshedding duration will remain at the same level this summer as that of last year despite substantial growth in consumption.
Published 20 Apr, 2016 12:00am
Telenor introduces new smart phones

Telenor introduces new smart phones

Expanding its 3G devices portfolio further as part of its mission of 'internet for all', Telenor Pakistan has introduced three new and affordable mobile handsets. The devices were launched in an interactive media event on Tuesday. Apart from its superior
Published 20 Apr, 2016 12:00am
Hajj application: banks asked to open branches on Saturday, Sunday

Hajj application: banks asked to open branches on Saturday, Sunday

State Bank of Pakistan (SBP) has directed some eight banks to open designated branches on Saturday and Sunday for Collection of Hajj Application. State Bank, upon the request of Ministry of Religious Affairs and Inter-Faith Harmony, has issued instruction
Published 20 Apr, 2016 12:00am
Dar reviews operationalisation of pmic

Dar reviews operationalisation of pmic

Federal Minister for Finance Senator Ishaq Dar chaired a meeting on Tuesday at the Finance Division to review the preparations regarding the operationalisation of Pakistan Microfinance Investment Company. Qazi Ahmad Isa, CEO of Pakistan Poverty Alleviatio
Published 20 Apr, 2016 12:00am
Dar reviews operationalisation of pmic

Dar reviews operationalisation of pmic

Federal Minister for Finance Senator Ishaq Dar chaired a meeting on Tuesday at the Finance Division to review the preparations regarding the operationalisation of Pakistan Microfinance Investment Company. Qazi Ahmad Isa, CEO of Pakistan Poverty Alleviatio
Published 20 Apr, 2016 12:00am
OGDCL and IBA launch talent-hunt scheme

OGDCL and IBA launch talent-hunt scheme

Oil and Gas Development Company (OGDCL) and Institute of Business Administration (IBA) Karachi and Sukkur have launched first national talent hunt program for the students of backward areas especially oil/gas producing districts. The agreement signing cer
Published 20 Apr, 2016 12:00am
Senate body asks CDA to remove encroachments through use of force

Senate body asks CDA to remove encroachments through use of force

Senate Standing Committee on Cabinet Secretariat expressing serious concerns over encroachment of five-star hotels on public roads and lands of federal capital and directed the Capital Development Authority (CDA) to immediately clear the encroachments by
Published 20 Apr, 2016 12:00am
'Birds of Pakistan' book launched

'Birds of Pakistan' book launched

"Birds of Pakistan", a book that covers the threat to some of the most beautiful creatures of flight in Pakistan, has been launched. It is a compilation by Arif Amin and Ghulam Rasool, supplemented by researches from Umbreen Arif. The book stands unique a
Published 20 Apr, 2016 12:00am
Rocket attack kills three Egypt policemen in Sinai

Rocket attack kills three Egypt policemen in Sinai

Three Egyptian riot policemen were killed Tuesday in a rocket attack on their convoy in the Sinai Peninsula, where authorities are fighting a jihadist insurgency, the interior ministry said. There was no immediate claim of responsibility for the attack wh
Published 20 Apr, 2016 12:00am
Dutch government narrowly beats call to scrap EU-Kiev deal

Dutch government narrowly beats call to scrap EU-Kiev deal

Dutch Prime Minister Mark Rutte's ruling coalition Tuesday narrowly defeated a motion calling for the country to immediately pull out of an EU-Ukraine deal rejected by voters in a referendum this month. Some 75 Dutch lawmakers voted against the motion bro
Published 20 Apr, 2016 12:00am
165 Air France passengers stuck in Montreal

165 Air France passengers stuck in Montreal

The breakdown of an Air France jet has stranded 165 passengers in Montreal since Sunday and the airline says it needs another day to get them home. The Airbus A340 jetliner was scheduled to fly from the Canadian city to Paris on Sunday but had to turn bac
Published 20 Apr, 2016 12:00am
US imposes sanctions on opponent of Libya peace plan

US imposes sanctions on opponent of Libya peace plan

The United States imposed sanctions Tuesday on a senior Libyan official and supporters accused of undermining the country's UN-backed peace process. President Barack Obama authorised the US Treasury to target all enemies of the plan and the agency named K
Published 20 Apr, 2016 12:00am
Clinton, Trump tipped to win as New York votes

Clinton, Trump tipped to win as New York votes

New Yorkers voted Tuesday in the state's most decisive presidential primary in decades with Hillary Clinton and Donald Trump strong favourites in the race to clinch the Democratic and Republican nominations. Polls show that Clinton - the former secretary
Published 20 Apr, 2016 12:00am
Tensions high as migrants block roads to Calais port

Tensions high as migrants block roads to Calais port

Migrants from the Jungle camp in Calais used branches to block roads into the northern French port early Tuesday as officials warned they were stepping up attempts to reach Britain. Over the past three weeks, there has been a sharp increase in migrant att
Published 20 Apr, 2016 12:00am
Fidel makes second outing in two weeks at Communist Party meeting

Fidel makes second outing in two weeks at Communist Party meeting

Fidel Castro made an appearance Tuesday at Cuba's Communist Party Congress, his second public outing in less than two weeks, state-run media reported. Accompanied his brother, President Raul Castro, the revolutionary icon received a standing ovation from
Published 20 Apr, 2016 12:00am
Brazil's leader warns of instability in impeachment bid

Brazil's leader warns of instability in impeachment bid

President Dilma Rousseff warned Tuesday that the impeachment process against her will harm Brazil's stability and suggested that sexism played a part in efforts to oust its first female head of state. The 68-year-old leftist leader pressed her case agains
Published 20 Apr, 2016 12:00am
Yemen clashes kill 13 as UN urges start of delayed talks

Yemen clashes kill 13 as UN urges start of delayed talks

Clashes between Yemeni loyalist forces and rebels have killed 13 fighters, military sources said Tuesday, as the UN chief urged warring parties to begin delayed peace talks. UN-brokered peace talks, which were set to open in Kuwait on Monday, were delayed
Published 20 Apr, 2016 12:00am
Last month was hottest March in modern times: US

Last month was hottest March in modern times: US

Last month marked the hottest March in modern history and the 11th consecutive month in which a monthly global temperature record was broken, US officials said Tuesday. Officials at the National Oceanic and Atmospheric Administration (NOAA) said that the
Published 20 Apr, 2016 12:00am
PPP KP delegation calls on Bilawal

PPP KP delegation calls on Bilawal

A Pakistan Peoples Party Khyber Pakhtunkhwa chapter led by former member National Assembly Noor Alam Khan and former deputy Speaker National Assembly Faisal Karim Kundi called on PPP Chairman Bilawal Bhutto Zardari at Zardari House Islamabad on Tuesday. T
Published 20 Apr, 2016 12:00am
Dairy sector makes five major budget proposals

Dairy sector makes five major budget proposals

The dairy sector has made five major budget proposals before the National Assembly Standing Committee on Finance including continuation of zero-rating regime, re-transposition of dairy products form 8th Schedule to 5th Schedule of the Sales Tax Act 1990,
Published 20 Apr, 2016 12:00am
Common man's woes: President praises role of Federal Ombudsman

Common man's woes: President praises role of Federal Ombudsman

President Mamnoon Hussain has said that the Wafaqi Mohtasib Secretariat should continue efforts for providing expeditious relief to common man by dispensing justice at their doorstep. The President was talking to Federal Ombudsman Salman Faruqui who calle
Published 20 Apr, 2016 12:00am
PML-N, PPP Senators trade barbs over handling, departure of Musharraf

PML-N, PPP Senators trade barbs over handling, departure of Musharraf

The lawmakers in Senate on Tuesday vented their anger on the government for allowing former military strongman General Pervez Musharraf to go aboard for treatment, saying that his departure changed the political narrative of the country. Speaking on a mot
Published 20 Apr, 2016 12:00am
PPP submits calling-attention notice in National Assembly

PPP submits calling-attention notice in National Assembly

Pakistan Peoples Party (PPP) has submitted a calling attention notice in the National Assembly Secretariat against putting burden of Rs 101 billion on gas consumers for laying down the Liquefied Natural Gas (LNG) pipeline. The calling attention notice sub
Published 20 Apr, 2016 12:00am
Balochistan Assembly speaker calls for steps against child abuse

Balochistan Assembly speaker calls for steps against child abuse

Balochistan Assembly Speaker Rahila Durrani Tuesday emphasised the need for taking all measures to protect the children from exploitation, violence or any other forms of abuse in the country. Addressing to concluding ceremony of a two days Consultation to
Published 20 Apr, 2016 12:00am
PP&DD seminar today

PP&DD seminar today

Punjab Planning and Development Department Directorate General Monitoring & Evaluation will organise a seminar in order to capacitate the international/national firms and departments for fair and transparent bidding process on Wednesday (today). A governm
Published 20 Apr, 2016 12:00am
Draft clearing houses' regulations: SECP invites comments
Exchange

Draft clearing houses' regulations: SECP invites comments

The Securities and Exchange Commission of Pakistan (SECP) has invited public comments on the draft clearing Houses (Licensing and Operations) Regulations, 2016, and for this purpose, has published the said regulations in the official gazette. The document
Published 20 Apr, 2016 12:00am
Prime Minister condemns Kabul attack

Prime Minister condemns Kabul attack

Prime Minister Nawaz Sharif on Tuesday strongly condemned the terrorist attack in Kabul, terming the scourge of terrorism a major threat to peace and stability. "On behalf of the people and the Government of Pakistan and my own behalf, I strongly condemn
Published 20 Apr, 2016 12:00am
Pakistan must not become part of proxy wars in Middle East: experts

Pakistan must not become part of proxy wars in Middle East: experts

A leading foreign scholar and former diplomats on Tuesday cautioned Pakistan to stay away from becoming part of the Saudi-Iran proxy wars in the Middle East while expressing concerns over the recent declaration issued by the OIC Summit which strongly cond
Published 20 Apr, 2016 12:00am
TDPs: US CG, KP Governor discuss matters

TDPs: US CG, KP Governor discuss matters

Peshawar-based US Consul General William J Martin and Economic Chief in Consulate General Kathryn Hoffman called on the Khyber Pakhtunkhwa Governor Iqbal Zafar Jhagra here at Governor House, Peshawar on Tuesday. The distinguished guests remained with the
Published 20 Apr, 2016 12:00am
PAC takes notice of severe irregularities in MDA

PAC takes notice of severe irregularities in MDA

Public Accounts Committee (PAC) of Khyber Pakhtunkhwa Assembly while taking strong notice of different severe irregularities in Mardan Development Authority (MDA) has directed the recovery of millions of rupees from the responsible officials. The meeting
Published 20 Apr, 2016 12:00am
India creating hurdles towards resumption of dialogue: Aziz

India creating hurdles towards resumption of dialogue: Aziz

Pakistan is co-operating closely with India in the investigation of the attack on Pathankot airbase and hopes that stalled bilateral talks will resume in the next few weeks. Addressing an event specially organised by the British think tank Chatham House a
Published 20 Apr, 2016 12:00am
Rashid, Rafiq call on JI chief

Rashid, Rafiq call on JI chief

The government has continued to consult with different political parties over Panama Leaks issue. Federal Ministers for Information and Broadcasting Pervez Rashid and Railways Minister Khwaja Saad Rafiq Tuesday called on Ameer Jamaat e Islami Sirajul Haq
Published 20 Apr, 2016 12:00am
PPP does not want to derail democratic system: Khursheed

PPP does not want to derail democratic system: Khursheed

Leader of the Opposition in the National Assembly Khursheed Ahmed Shah said the Pakistan People's Party (PPP) does not want to derail the democratic system in the country. The Opposition Leader expressed these views while talking to media persons on Tuesd
Published 20 Apr, 2016 12:00am
Corruption: Imran hails army chief's statement

Corruption: Imran hails army chief's statement

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has said that the entire nation backs Chief of Army Staff General Raheel Sharif's statement against corruption. While addressing a press conference on Tuesday, the PTI chief said the condition of law and
Published 20 Apr, 2016 12:00am
Panama Leaks: TI Pakistan voices concern

Panama Leaks: TI Pakistan voices concern

Transparency International Pakistan expresses its serious concern on the existence of off shore companies as exposed by Panama Leaks beneficially held by citizens of Pakistan including Public Office Holders. The admission by the son of the Prime Minister
Published 20 Apr, 2016 12:00am
SC dismisses plea against elimination of Riba

SC dismisses plea against elimination of Riba

Dismissing a plea filed against elimination of Riba from the country's financial system on Tuesday, the apex court observed that earlier the matter had been referred for adjudication to Federal Shariat Court. Hafiz Akif Saeed, Ameer Tanzeem-e-Islami had f
Published 20 Apr, 2016 12:00am
PIAF concerned over non-payment of ST refund

PIAF concerned over non-payment of ST refund

The Pakistan Industrial and Traders Association Front (PIAF) has revealed its concern over non-payment of sales tax refund, customs rebate and income tax refund despite improvement in tax collection. Front Chairman Irfan Iqbal Sheikh speaking to a delegat
Published 20 Apr, 2016 12:00am
Separate business strategy for Sialkot is need of the hour
Exchange

Separate business strategy for Sialkot is need of the hour

Sialkot is important economic hub and only export-oriented city in Pakistan where 99 percent products produced and are exported to various parts of the glob. Through export, Sialkot based small and medium industries were earning foreign exchange amounting
Published 20 Apr, 2016 12:00am
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