Chairperson Sindh Board of Investment (SBI) Naheed Memon called on Governor State Bank of Pakistan Ashraf Mehmood Vathra here on Wednesday and briefed him about loan facilities the SBI provided to the growers. Chief Executive Officer Sindh Enterprises Dev

Keeping in view the growing demands of data and high quality mobile internet services, Mobilink has announced that it's set to offer an additional 1 GB of data in all its monthly internet offers. Through this bonus data offer, Mobilink aims to intensify t

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Wednesday said that suspects who attacked women activists of his party during Islamabad and Lahore rallies appeared to be goons let loose by ruling Pakistan Muslim League-Nawaz (PML-N) to spoil the ima

Professor Dr Michael Jansen, a German archaeologist, has made a presentation on Mohen-Jo-Daro in the Centre for Pure and Applied Geology, University of Sindh and stressed the need for exploring extension. Professor Dr Abdul Rasool Abbasi, Dean, Faculty Na

"Yeh munh or masoor ki daal and let me translate this Urdu expression used by the Prime Minister. This mouth and masoor lentil..."

Takashi Kurai, the newly appointed Ambassador of Japan paid his first courtesy call on Syed Tariq Fatemi, Special Assistant to the Prime Minister on Foreign Affairs Wednesday in the Ministry of Foreign Affairs. Welcoming Ambassador Kurai on his appointmen

The Karachi Safe City project will cost around Rs 4 billion as it will require over 10,000 CCTV cameras and a large technical staff to monitor and maintain them. This was informed to Senate Functional Committee on Human Rights Wednesday during a detailed

The 12th round of Pakistan-France bilateral political consultations at the Foreign Secretary level was held in Paris. Foreign Secretary Aizaz Ahmad Chaudhry led the Pakistan delegation while the French side was led by Christian Masset, Secretary General o

National Accountability Bureau (NAB) on Wednesday decided to authorise investigation against former Chairman/Managing Director (MD), National Investment Trust (NIT), Tariq Iqbal Khan for selling Pakistan Engineering Company (PECO) shares without necessary

A parliamentary panel was on Wednesday informed that liabilities against the Earthquake Reconstruction and Rehabilitation Authority (Erra) had piled up to Rs 10 billion whereas 36 percent construction work is remaining. Deputy Chairman Erra informed the P

A parliamentary panel was on Wednesday informed that liabilities against the Earthquake Reconstruction and Rehabilitation Authority (Erra) had piled up to Rs 10 billion whereas 36 percent construction work is remaining. Deputy Chairman Erra informed the P

Finance Minister, Senator Mohammad Ishaq Dar here on Wednesday met Annette Dixon, Vice-President of the World Bank on the sidelines of the ADB's Annual Board of Governors Meeting. He was accompanied by Tariq Bajwa, Secretary EAD and other delegation membe

ISRA University, Islamabad signed a Memorandum of Understanding (MoU) with International Committee of the Red Cross (ICRC) on Wednesday. Pro-Vice Chancellor, ISRA University Islamabad, Professor Dr Umer Ali Khan and Mr Reto Stocker, Head of Delegation, In

Federal Minister for National Food Security and Research Sikandar Hayat Bosan has said that the federal as well as provincial governments have failed in taking measures for promotion of agriculture sector in the country. Briefing a parliamentary panel, he

Woman among three terrorists were killed in an exchange of fire with police and intelligence agencies while two personnel sustained injuries and one was martyred in Haripur on Wednesday. Acting on a tipoff, police and intelligence agencies conducted a joi

Another sitting MPA of Muttahida Qaumi Movement on Wednesday announced to join Mustafa Kamal-led Pak Sarzameen Party (PSP). Dilawar Hussain, who was elected as member Sindh Assembly from PS-110 - Ranchor Line area, also announced to resign from Sindh Asse

Chairman, Pakistan Chemicals and Dyes Merchant Association (PCDMA), Khawaja Arif has urged Sindh Minister for Local Bodies Jam Khan Shoro to take notice of overflowing sewerage lines in city's wholesale market, Jodia Bazaar, and direct concerned authoriti

Commissioner Hyderabad Qazi Shahid Pervez on Wednesday announced two-day Horse and Cattle Show from May 7, at Hyderabad Bypass to provide opportunity to livestock owners to bring their best animals for reward as well as entertainment to the people of Hyde

Federal Investigation Agency (FIA) arrested three people during a raid on National Database Registration Authority (NADRA) office over allegations of accepting bribes here on Wednesday. The FIA officials over public complaints raided NADRA office in Quett

The sponsors of KASB Corporation would be buying back 7,593 ordinary shares of the cash-strapped listed firm at a proposed minimum price of Rs 40 per share, said a stock filing Wednesday. Aimed at voluntary delisting of the liquidity-starved company, the

The sponsors of KASB Corporation would be buying back 7,593 ordinary shares of the cash-strapped listed firm at a proposed minimum price of Rs 40 per share, said a stock filing Wednesday. Aimed at voluntary delisting of the liquidity-starved company, the

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said stringent regulations have failed to control flight of capital therefore policymakers should try providing enabling environment to discourage the practice which pos

The office bearers of two growers' organisation have demanded the grant of subsidy on agriculture adding that Kisan Package will be made effective which could provide benefits to growers of the agriculture based country. Addressing a joint press conferenc

Sindh government has announced a public holiday on Thursday on account of Shab-e-Meraj. According to the government's spokesman, all schools in the province would remain closed on the aforementioned date. The decision was taken by the Steering Committee o

The Met Office has asked the growers to prepare their land timely for the cotton crop to receive a maximum production. It said growers of South Punjab and Sindh to make their land timely available for cotton to produce a better yield. It said farmers shou

Oracle Pakistan showcased the breadth and depth of the Oracle Cloud portfolio to its various customers during its Oracle Day event. During the event, Oracle senior executives from Pakistan and across the region, as well as partners and customers shared th

Mango exporters are seeking permission for export of mangos to European countries without condition of certified orchards. After rising number of complaints of fruit fly in Pakistani mangos by the EU last year, the Ministry of National Food Security and R

The net profit of K-Electric significantly rose by 40 percent during the first nine months (July-March) of current fiscal year (FY16) compared to the same period last fiscal year. The utility, in its financial report for nine months ended March 2016, has

AbacusConsu-lting sponsored the SAP Forum Pakistan 2016, held at a local hotel on Wednesday. The forum showcased breakthrough technology solutions designed to digitise businesses and was attended by various customers, prospects and partners. The forum emp

Inov8 Limited, the region's fastest growing digital payments company, has achieved the PCI-DSS (Payment Card Industry Data Security Standard) v3.1 certification. The PCI-DSS certification shows that Inov8 adheres to the highest data security standards in

Special Investigation Unit (SIU) busted a ring leader of bank robbers in Ibrahim Hyderi area, here on Tuesday. As a result of a raid by police party of SIU (CIA, Karachi), notorious bank dacoit Saied-ul-Islam son of Aziz Jan was arrested from Ibrahim Hyde

The Supreme Court on Wednesday sought a report from the Federation pertaining to steps taken for the implementation of its earlier order, passed in a suo moto case regarding Lal Masjid. A two-member bench of the apex court resumed the hearing of the matte

The Supreme Court on Wednesday sought a comprehensive report from the federation relating to details of import of ingredients being used in Sheesha smoking besides steps taken by government agencies to prevent Sheesha smoking in the country. Resuming the

Justice Syed Mansoor Ali Shah has been designated as founder member of Global Institute of Judges for Environmental Justice. The institute was founded at a three-day first World Congress on Environmental Law held in Brazil. Justice Shah had represented Pa

A leading cellular company has expressed serious concern over the repeated attachment of its bank accounts, selection of case for audit without random balloting, issuance of show cause notices, amendment to income tax assessments and multiple tax proceedi

A leading cellular company has expressed serious concern over the repeated attachment of its bank accounts, selection of case for audit without random balloting, issuance of show cause notices, amendment to income tax assessments and multiple tax proceedi

Khyber Pakhtunkhwa Governor, Iqbal Zafar Jhagra has said that making the youth of Pakistan skilful means providing them with opportunities to gain financial independence adding that technological advancement and industrial development is the only path to

"The incumbent government would ensure that no deserving woman in Balochistan remains deprived of financial assistance of BISP. BISP will provide a real list of poor to the government for effective service delivery. The performance of governments whether

Directorate General of Customs Valuation Karachi has revised customs values of rechargeable fans, ranging between $5.53/piece and $22.02 per piece, for assessment of customs duty on imports from China.

The Non-Timber Forest Product (NTFP) Department FATA arranged a training workshop for beekeepers in Bajaur agency in order to boost up bee-keeping industry and achieve maximum honey production. The three day long workshop was held at NTFP training centre,

Federal Board of Revenue (FBR) is making concerned efforts to broaden the tax base and several initiatives have been taken in the recent past to increase the number of return filers which has for the first time crossed one million mark.

Rizwan Bashir Khan Secretary (IT & Telecom) along with Additional Secretary visited National Telecommunication Corporation (NTC) HQs Islamabad on Wednesday. Brigadier Viqar Rashid Khan (Retd), Chairman NTC gave a detailed briefing on the achievements of N

To honour fire fighters on International Fire Fighter's Day, Ufone conducted a fire drill on Wednesday at Ufone Tower in Blue Area of Islamabad in which 700 Ufone employees participated. On the occasion Ufone's CEO Rainer Rathgeber said that the drill wou

The Hub Power Company is the largest Independent Power Producer (IPP) in the country with a combined power generation capacity of over 1600 MW. The company is listed on the Pakistan Stock Exchange along with its Global Depository Receipts (GDR's) also

The Hub Power Company is the largest Independent Power Producer (IPP) in the country with a combined power generation capacity of over 1600 MW. The company is listed on the Pakistan Stock Exchange along with its Global Depository Receipts (GDR's) also

The Supreme Court on Wednesday issued directives to Pakistan Railways to re-tender bid process to award contract for catering services on the dinning car of 'Pakistan Express' in 15 days. Disposing of a plea filed against the incumbent contractor of the d

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq has deplored the government's announcement rejecting the ToR proposed by the joint opposition and said this proved that the rulers did not want accountability and were bent upon making the accountabi

Director General Wildlife & Parks Punjab, Khalid Ayaz Khan has said that decision has been taken in principle for the demarcation of the area under administrative control of wildlife department through satellite images as well as demarcation of already de

The frustrated elements, which never succeeded in creating division in ranks of the Muttahida Qaumi Movement (MQM) in the past, have now united once again to recap their already flopped drama of Minus-Altaf Hussain. MQM Co-ordination Committee member Wasa

Senior leader of Pakistan Peoples' Party Manzoor Ahmed Wattoo has said the PPP belongs to martyrs, peasants, workers and downtrodden people, adding that he would not leave the party. "I had joined the party after winning five seats and I will not leave th

Punjab Chief Minister Muhammad Shahbaz Sharif has said that Pakistan is moving towards progress and prosperity but some political elements are trying to create hurdles in this process for the achievement of their personal interests. He said that Pakistan

Number of taxes, duties and surcharges on business and trade are excessive inflating the cost of doing-business and rendering the textile products uncompetitive for export and unbearable for domestic consumers. Pinpointing this inherent weakness of the te

American Consul General Zachary Harkenrider met Punjab Chief Minister Muhammad Shahbaz Sharif, here Wednesday. Matters of mutual interest, Pak-America relations and promotion of cooperation in different sectors were discussed during the meeting. Speaking

Jamiat Ulema Pakistan (JUP) has supported opposition parties' terms of reference (ToRs) for the investigation of Panama Leaks by a full bench of the Supreme Court headed by the Chief Justice of Pakistan-and said the government should accept them whole-hea

Hundreds of Egyptian journalists demanded the sacking of the interior minister in a raucous meeting at the Journalists' Syndicate on Wednesday, after an unprecedented police raid to arrest two reporters. Police cordoned off streets leading to the syndicat

Billionaire Donald Trump pledged Wednesday to unify the fractured Republican Party as he looked beyond the bruising primary season to a November clash for the White House with likely Democratic nominee Hillary Clinton. Trump's path to the GOP presidential

Scientists reported Wednesday they had grown human embryos in the lab for nearly two weeks, an unprecedented feat that promises advances in assisted reproduction, stem-cell therapies and the basic understanding of how human beings form. Besides opening a

Prime Minister Benjamin Netanyahu said on Wednesday that Israel would upgrade its ties with the 28-member Nato military alliance by opening a permanent mission to its Brussels headquarters. "Israel will accept the invitation and open an office, in the nea

Israeli warplanes launched several raids on Wednesday in the Gaza Strip after a day of tensions along the border with Israel, said the interior ministry in the Palestinian territory. Air strikes hit around Gaza's derelict international airport near the so

A coalition of countries battling Islamic State jihadists in Syria and Iraq pledged Wednesday to pour more resources into the fight, after coming under strong pressure from Washington for greater contributions. The promise came after a meeting in Stuttgar

UN-backed peace talks to end Yemen's civil war resumed on Wednesday after they were suspended by the Yemeni government for three days in protest at a Houthi assault on a military base near the capital Sanaa. Buttressed by a truce which had been largely ho

The United States and Russia have agreed to work with Syria's warring parties to extend a shaky truce to the city of Aleppo, the State Department said Wednesday. "Since this went into effect today at 00:01 in Damascus, we have seen an overall decrease in

The European Union's highest court on Wednesday upheld a tough EU law that will standardise cigarette packs, ban menthol flavouring and restrict e-cigarette advertising, paving the way for its adoption this month and dealing a blow to Big Tobacco. The Eur

Britain will admit a limited number of child refugees who have travelled alone from Syria to Europe, Prime Minister David Cameron announced Wednesday, in a U-turn on the politically-charged issue of migration. The government's change of heart is a victory

Hundreds of millions of hacked usernames and passwords for email accounts and other websites are being traded in Russia's criminal underworld, a security expert told Reuters. The discovery of 272.3 million stolen accounts included a majority of users of M

Donor nations and institutions that contribute to Mozambique's state budget have suspended their support over revelations of $1.4 billion in hidden debt, officials said Wednesday. Portuguese President Marcelo Rebelo de Sousa, representing the donors, anno

The French Tennis Federation's offices and the home of its president Jean Gachassin were raided Tuesday in an investigation into alleged corruption and embezzlement, sources said. The raid was linked to the alleged illegal sale of tickets for the French O

Most of the top squash players registered victories in the main round of the 4th FMC International Men's Squash Championship 2016 here at the Punjab Squash Complex on Wednesday. FMC Managing Director Shahid Farooq inaugurated the 4th FMC International Men

Third seeded Mahnoor Shehzad of Pakistan Wapda upset Pakistan No 1 and South Asian Games bronze medallist Khaizra Rasheed in the final of the women singles event of the first All-Pakistan Shuhada-e-Army National Ranking Badminton Championship, which concl

Following approval by the Chairman, Pakistan Cricket Board (PCB), Shaharyar M. Khan, PCB Women's Wing has announced award of its central contracts for women cricketers for the calendar year 2016. In all, 22 women players have been offered the contract. Th

Goals from Alex Teixeira and Jo couldn't save Jiangsu Suning as the Chinese big-spenders crashed out of the AFC Champions League with a 2-2 draw against Jeonbuk Hyundai Motors on Wednesday. In their final Group E game, Jiangsu's Asian-record signing Teixe

Fourth seed Victoria Azarenka withdrew with lower back pain as Australian Nick Kyrgios dumped out 2014 finalist Stan Wawrinka in Madrid on Wednesday. Kyrgios saw off the Swiss star with a 7-6 (9/7), 7-6 (7/2) second-round Madrid Masters defeat lasting one

Sri Lanka's rookie batting line-up faces a "huge mental challenge" in adapting to English conditions as they bid to pull off a repeat of their historic series win over their hosts, coach Graham Ford said Wednesday. Sri Lanka are returning to England for t

Pep Guardiola views his three-year reign at Bayern Munich as a failure having again failed to steer the Bavarians to the Champions League final. But the Spaniard insisted after the Bavarian giants went out to Atletico Madrid on away goals that he has "giv

Spanish prosecutors filed an official complaint Wednesday against Barcelona defender Adriano Correia for suspected tax fraud, just weeks before his superstar team-mate Lionel Messi stands trial on the same charges. Adriano is the third player at the club

Tottenham Hotspur midfielder Mousa Dembele faces a lengthy ban after the Football Association on Wednesday charged him with violent conduct over an incident involving Chelsea's Diego Costa. Dembele appeared to gouge Costa's eye during Monday's 2-2 draw be

Real Lahore Football Club beat Afshan Football Club in super round of second Fame Football League-2015-16 by 11-2 margin, which is biggest scoring match so far in the league's history. The match was played at CU Park Campus United Football Ground New Camp

The Australian dollar dropped to a seven-week low on Wednesday after the central bank's first rate cut in a year and sliding commodity prices further trimmed long positions in the currency. The New Zealand dollar also skidded on broad US dollar strength a

Sterling fell broadly on Wednesday after data from Britain's construction sector added to a subdued outlook for the economy just months before the vote on Britain's future in the European Union. The pound lost about 1 percent versus the greenback on Tuesd

The Sri Lankan rupee fell marginally against the dollar on Wednesday as demand for the greenback from importers outpaced selling by a foreign bank. The central bank, which had been trading the spot rupee at 143.90 per dollar recently until Monday, sold it

Emerging Asian currencies slid on Wednesday as rekindled concerns over slowing global growth and inflation hurt risk sentiment, while a retreating yen caused investors to unwind bullish bets on regional units. Malaysia's ringgit hit a five-week low, leadi

The yuan inched lower against the dollar on Wednesday, after the central bank weakened its official guidance rate the most since last August, as the dollar index pulled away from its multi-month trough. The People's Bank of China set the midpoint rate at

Interbank buy/sell rates for the taka against the dollar on Wednesday. 78.40-78.40 (previous 78.40-78.40).

The yen jumped to an 18-month high against the dollar on Tuesday, extending gains on persistent doubts the Bank of Japan will intervene to stem a dramatic rise that has undermined attempts to reflate the world's third-biggest economy. The yen has risen ov

The dollar rose on Wednesday, rebounding from recent lows against the yen and euro as data on US trade and factory orders eased some worries about the sub-1 percent growth path the world's biggest economy was stuck on in the first quarter. A surprisingly

The yen and the euro both retreated from long-term highs against the dollar on Wednesday as markets looked to a series of US jobs releases due by the end of the week for fresh direction. Measuring by the trade-weighted index used by the European Central B

The yen slipped from an 18-month high against the dollar on Wednesday, losing some steam as position squaring set in after its sharp rally since last week. The dollar rose 0.6 percent to 107.22 yen, pulling away from Tuesday's low of 105.55 yen, the dolla

Britain's FTSE 100 index slid to a three-week low on Wednesday as basic-resources stocks extended the previous day's losses and retailers came under pressure. The FTSE 100 index dropped for a third straight session and closed down 73.57 points, or 1.2 per

Most Southeast Asian stocks recouped early losses on Wednesday with the Philippine index posting its first gain in nine sessions while Indonesian shares recovered from an initial fall following the release of economic growth data. The Philippine stock ind

Sri Lankan shares ended weaker on Wednesday, snapping five straight sessions of gains, as worries about tax hikes dented sentiment. Brokers said investors were worried over a tax hike, which takes effect from Monday, as it could hit the bottomlines of com

European stocks fell on Wednesday, with Dialog Semiconductor slumping after it cut its revenue outlook and BHP Billiton hit by news of a lawsuit filed against it in Brazil. The pan-European FTSEurofirst 300 index shed 1.2 percent to 1,302.72 points, its l

China stocks closed roughly flat on Wednesday, as the Shanghai market came under pressure near key technical resistance and after signs of subdued manufacturing activity. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.1 p

Australian shares sank more than 1.5 percent on Wednesday with resources among the hardest hit, as fears of further declines in metals prices and a court case dragged on mining giant BHP Billiton Ltd, and in turn on the index. The S&P/ASX 200 index droppe

German Bunds steadied on Wednesday, with soft data underpinning demand a day after yields posted one of their biggest falls of the year. Upcoming supply put some upward pressure on euro zone bond yields generally, with peripheral markets underperforming i

US Treasury yields fell broadly on Tuesday to their lowest levels in nearly two weeks after weak Chinese data and a surprise interest rate cut in Australia raised concerns about the global economy, boosting demand for safe-haven US government debt. Activi

US Treasury yields fell broadly on Tuesday to their lowest levels in nearly two weeks after weak Chinese data and a surprise interest rate cut in Australia raised concerns about the global economy, boosting demand for safe-haven US government debt. Activi

Hong Kong shares fell to a three-week closing low on Wednesday, tracking sluggish trading in Asian markets as worries about global growth and creeping deflation resurfaced. The Hang Seng index fell 0.7 percent, to 20,525.86, while the China Enterprises In

US stocks fell on Tuesday after weak economic data in China and Europe reignited worries about global growth, while oil prices dropped for a second day, dragging down energy shares. Bucking the day's trend, Apple rose 1.6 percent to $95.18, breaking an ei

Wall Street was lower on Wednesday as tepid US economic data and lacklustre corporate results added to concerns about the health of the global economy. The ADP private sector employment report showed hiring in April fell to its lowest levels in three year

Indian shares fell for a third straight session on Wednesday on disappointment over quarterly earnings, including that of Adani Port which slumped nearly 12 percent, while regional markets languished due to global growth and deflation worries. The broader