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Nov 13, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-05-13
Clarification: Dr Ziauddin Hospital has not received any summons

Clarification: Dr Ziauddin Hospital has not received any summons

Dr Ziauddin Hospital denies having received any summon or notice from any court, as "mis-reported" by various newspapers regarding a petition filed alleging misuse of amenity plot in Block-14 of North Nazimabad. Ziauddin Hospital also denies that they hav
Published 13 May, 2016 12:00am
9th Pakistan Telecon on May 17

9th Pakistan Telecon on May 17

The ninth Pakistan Telecon 2016 organised by Shamrock Conferences International will be held on May 17, from 9.30am at a hotel in Islamabad. The theme of the conference is "At the Crossroads of Revolutionary Technology Challenges". Coinciding with the Wor
Published 13 May, 2016 12:00am
SBP renews status of JCR-VIS and PACRA

SBP renews status of JCR-VIS and PACRA

The State Bank of Pakistan (SBP) has renewed the status of both credit rating agencies operating in Pakistan namely "JCR-VIS Credit Rating Company Limited (JCR-VIS)" and "The Pakistan Credit Rating Agency Limited (PACRA)" as eligible/recognised External C
Published 13 May, 2016 12:00am
Givaudan opens laboratory, office in Pakistan

Givaudan opens laboratory, office in Pakistan

Flavour and fragrance company Givaudan (Vernier, Switzerland) says that it has opened laboratory and office facilities at Karachi. Givaudan says it is the first global flavours company to open such facilities in Pakistan. The new facility will strengthen
Published 13 May, 2016 12:00am
As drought shrivels crop, cotton industry faces $4 billion bill
Cotton

As drought shrivels crop, cotton industry faces $4 billion bill

Pakistan is spending $4 billion a year on cotton imports to support its ailing textile industry, after erratic rainfall and drought in the country's cotton fields slammed growers and the country's economy, officials say. Bad weather has hurt both the qual
Published 13 May, 2016 12:00am
Hungary's Rubik's Cube champion dazzles Pakistani students

Hungary's Rubik's Cube champion dazzles Pakistani students

Hunor Bozsing says he got lucky eight years ago: searching for an old toy in his house in Budapest, instead he stumbled across a Rubik's Cube - a twist of fate that launched him to international fame. Bozsing - Hungary's three-time national Rubik's Cube c
Published 13 May, 2016 12:00am
SECP adopts accounting standards issued by ICAP

SECP adopts accounting standards issued by ICAP

The Securities and Exchange Commission (SECP) has approved the adoption of accounting standards issued by ICAP for non-profit organisations formed under Sections 42 and 43 of the Companies Ordinance, 1984. The adoption of the standard shall promote transp
Published 13 May, 2016 12:00am
Pakistan Trade Caravan may arrive in Dushanbe

Pakistan Trade Caravan may arrive in Dushanbe

Pakistan Trade Caravan is expected to arrive in the Tajik capital, Dushanbe, within the next few days, Manzoura Rustamova, the deputy head of Tajikistan's Chamber of Commerce and Industry (CCI), noted during a meeting with a Pakistani economic delegation
Published 13 May, 2016 12:00am
Around 206 degrees conferred at KMU convocation

Around 206 degrees conferred at KMU convocation

Around 206 degrees were conferred to graduates of various disciplines during the second convocation of Khyber Medical University (KMU) Peshawar, held at main auditorium of the university here on Thursday. In the convocation, 46 gold medals also awarded to
Published 13 May, 2016 12:00am
Border fencing adds to miseries of Afghans

Border fencing adds to miseries of Afghans

A large number of Afghan citizens, intended to travel to neighbouring Afghanistan, have stranded in different areas of Landi Kotal bazaar as the Torkham border remained close for the third consecutive day on Thursday. The official said that the high-ups o
Published 13 May, 2016 12:00am
Necessary steps to eliminate rodents ordered

Necessary steps to eliminate rodents ordered

A parliamentary panel was informed on Thursday that 923 cases of mice biting have been reported, rendering three people dead, in Peshawar and within other parts of Khyber Pakhtunkhwa. Officials of the KP Health department, while briefing to the National A
Published 13 May, 2016 12:00am
US considering extending assistance: Hale

US considering extending assistance: Hale

US Ambassador to Pakistan, David Hale Thursday called on Commerce Minister Engineer Khurram Dastgir Khan and discussed matters relating to trade and economy. "Trade and economic relationship is part of security but it's more important than bullets," the a
Published 13 May, 2016 12:00am
OGDCL clarification

OGDCL clarification

A news regarding freezing of OGDCL accounts appeared in a section of press (dated 6th May 2016), portraying the company as a tax defaulter. The factual position is somewhat different as dilated below.
Published 13 May, 2016 12:00am
SC adjourns hearing of Lal Masjid case

SC adjourns hearing of Lal Masjid case

The Supreme Court on Thursday observed that what would be the barometer to determine the fact about militants or innocents presence in the Lal Masjid during the operation of 2007. A two-member bench headed by Justice Ijaz Afzal Khan resumed the hearing of
Published 13 May, 2016 12:00am
Tariff subsidy: government concerned at KE's failure to provide record

Tariff subsidy: government concerned at KE's failure to provide record

The federal government has reportedly expressed serious reservations against the management of K-Electric for not providing the record of tariff subsidy for the last eight years for audit purposes, well informed sources told Business Recorder. K-E
Published 13 May, 2016 12:00am
Every 4th Pakistani is obese, overweight: experts

Every 4th Pakistani is obese, overweight: experts

Obesity or getting over-weight is alarmingly increasing in Pakistan and latest surveys and studies indicate that almost 25 percent of the Pakistani population, even small children upto the age of 10 years, are obese and over-weight, doctors and dieticians
Published 13 May, 2016 12:00am
Imran to leave for UK today

Imran to leave for UK today

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan will leave today (Friday) for UK in connection with fund-raising campaign there for Shaukat Khanum Cancer Hospital and Namal College. The PTI Secretary Information Naeem-ul-Haq said in a statement on Thur
Published 13 May, 2016 12:00am
Senate body adopts report on privilege motion

Senate body adopts report on privilege motion

Senate Standing Committee on Rules of Procedure and Privileges on Thursday unanimously adopted the report of the Committee on Privilege Motion moved by Senator Ilyas Bilour against the behaviour of Sajid, Ex Director General, Trading Organisation, Islamab
Published 13 May, 2016 12:00am
SC issues notices to Ogra

SC issues notices to Ogra

The Supreme Court on Thursday issued notices to Oil and Gas Regulatory Authority (Ogra) in response to identical applications for impleadment on issuance of CNG stations' marketing licences. A three-member bench led by Justice Mian Saqib Nisar issued noti
Published 13 May, 2016 12:00am
ATC extends physical remand of sister's killer

ATC extends physical remand of sister's killer

Another six-day extension in the physical remand of the sister's killer was granted to the police on Thursday. Mominabad police produced Hayat before the administrative judge of the An Anti-Terrorism Court (ATC) and requested the extension of remand since
Published 13 May, 2016 12:00am
MD KESC murdered on orders of MQM's Anwar

MD KESC murdered on orders of MQM's Anwar

Joint Investigation Tribunal (JIT) concluded its report based on the investigation of Saulat Mirza's aide Minhaj Qazi alias Asad. The culprit admitted that teams with the intention of carrying out targeted killing were formed on the orders of Muttahida Qa
Published 13 May, 2016 12:00am
Visa policy to be restructured with Pakistan: Malaysian CG

Visa policy to be restructured with Pakistan: Malaysian CG

Malaysian Consul General Ismail Muhammad Bikri on Thursday said that Pakistan is an ideal country for trade and that Malaysian visa policy for Pakistan needs to be restructured for developing trade ties between Pakistan and Malaysia. Addressing a meeting
Published 13 May, 2016 12:00am
Fata-DA BoD approves various uplift schemes

Fata-DA BoD approves various uplift schemes

The Board of Directors (BoDs) of Fata Development Authority approved various developmental schemes in its 36th meeting held on Thursday. Chief Executive Fata-DA, Dr Fida Muhammad Wazir presided over the meeting of Board of Directors which was attended by
Published 13 May, 2016 12:00am
Quake jolts Swat valley

Quake jolts Swat valley

A 4.5 magnitude earthquake jolted Swat and surrounding areas on Thursday. According to meteorological department, depth of the earthquake was 90 kilometers with the epicentre determined at Pak-Afghan-Tajikistan border area. The tremors created panic in th
Published 13 May, 2016 12:00am
Illegal Pakistani immigrants appeal for help

Illegal Pakistani immigrants appeal for help

More than 500 Pakistanis, who were sent back to Turkey from Greece, have appealed the Pakistani authorities to help them return to their country. A migrant said that he and other four men have been detained by the Turkish authorities for the last two mont
Published 13 May, 2016 12:00am
JI not allowed to organise rally in Sports Complex

JI not allowed to organise rally in Sports Complex

The political administration of Bajaur Agency has refused to grant permission to Jamaat-e-Islami (JI) for a rally against corruption and "draconian" Frontier Crimes Regulations (FCR) in the Sports Complex of the agency headquarters on Saturday. This decis
Published 13 May, 2016 12:00am
Supreme Court seeks report on relief package for farmers

Supreme Court seeks report on relief package for farmers

The Supreme Court on Thursday sought a report from federal government on Prime Minster's power to pronounce Kissan relief package with subsidy in the country. A two-member judge bench led by Justice Ejaz Afzal Khan resumed the plea of a phosphate company
Published 13 May, 2016 12:00am
IGP inaugurates lecture hall, Public Disorder & Riot Management School

IGP inaugurates lecture hall, Public Disorder & Riot Management School

The Inspector General of Police (IGP) Khyber Pakhtunkhwa, Nasir Khan Durrani Thursday inaugurated the new lecture hall and extension of Police School of Public Disorder and Riot Management in Mardan. Additional IGP Headquarter Mian Asif, RPO Mardan Muhamm
Published 13 May, 2016 12:00am
Pesco succeeds in reducing line losses, increasing recovery

Pesco succeeds in reducing line losses, increasing recovery

A meeting of the Board of Directors (BoD) of Peshawar Electricity Supply Company (PESCO) was held at the Wapda House, here on Thursday. Chairman, Pesco BoD Malik Muhammad Asad Khan presided over the meeting wherein Company Secretary presented the minutes
Published 13 May, 2016 12:00am
Traffic police officer shot dead

Traffic police officer shot dead

Another police officer was shot dead in an armed attack in Yakatoot area of Peshawar on Thursday. According to police, Aftab Ahmad, a Sub-Inspector of traffic police, was attacked and killed by unknown miscreants in Yakatoot area when he was on his way to
Published 13 May, 2016 12:00am
PU ranked second in natural sciences research

PU ranked second in natural sciences research

The Nature Publishing Group, a world-class publisher of high impact scientific and medical information in print and online, has issued its ranking of Pakistani universities in terms of research publications in the field of natural sciences and has ranked
Published 13 May, 2016 12:00am
Freight train Derailed

Freight train Derailed

Five carriages of another freight bound train have been derailed at Tando Tayyab railway crossing of Hyderabad Railway Junction causing suspension of railway traffic at the down track for five hours on Thursday. According to Station Superintendent Hyderab
Published 13 May, 2016 12:00am
Denial of fundamental rights to Kashmiris an 'injustice': Maleeha

Denial of fundamental rights to Kashmiris an 'injustice': Maleeha

Raking up the issue of Kashmir in the UN, Pakistan said denial of fundamental human rights to Kashmiris is an "injustice" and the failure to address prolonged outstanding disputes would be seen as "double standards" practised by the world body. Pakistan's
Published 13 May, 2016 12:00am
SCCI submits budget proposals

SCCI submits budget proposals

Sialkot Chamber of Commerce and Industry (SCCI) has submitted its budget proposals 2016-17. According to the proposal the income tax charged on exporters' income is covered u/s 154 of the Income Tax Ordinance, 2001 is the final discharge of the income tax
Published 13 May, 2016 12:00am
IoBM, ICMA ink MoU

IoBM, ICMA ink MoU

Institute of Business Management (IoBM) and Institute of Cost and Management Accountants (ICMA) Pakistan signed a Memorandum of Understanding (MoU) for cooperation in research, development and innovation on Wednesday here at the Entrepreneurship & Managem
Published 13 May, 2016 12:00am
DSP released on bail

DSP released on bail

A deputy superintendent of police charged with raping a teen girl has been released on a Sessions Court bail. Thursday's hearing saw both parties reaching a compromise, which eventually led to his release on bail.
Published 13 May, 2016 12:00am
'First SEZ likely to be developed at Gwadar under CPEC'

'First SEZ likely to be developed at Gwadar under CPEC'

The first Special Economic Zone (SEZ) is likely to be developed at Gwadar under the $46 billion China-Pakistan Economic Corridor (CPEC), Executive Director General, Raania Ahsan, Board of Investment informed the media persons on Thursday. She said the gov
Published 13 May, 2016 12:00am
Ruling coalition's MNAs condemn May 12, 2007 Karachi killings

Ruling coalition's MNAs condemn May 12, 2007 Karachi killings

Treasury members in the National Assembly on Thursday condemned May 12, 2007 riots and carnage in Karachi while terming it a black day in the history of Pakistan. Opposition members, however, boycotted proceeding of the house on the fourth consecutive day
Published 13 May, 2016 12:00am
Pak-Netherlands trade to hit $1 billion mark this year: Dutch diplomat

Pak-Netherlands trade to hit $1 billion mark this year: Dutch diplomat

Bilateral trade between Pakistan and Netherlands is going to swell beyond $1 billion this year, a Dutch official told Business Recorder, here on Thursday. "In 2015, the size of our bilateral trade was around $900 million," said Rick Slettenhaar, fi
Published 13 May, 2016 12:00am
Ali Haider's recovery is not less than a miracle: Gilani

Ali Haider's recovery is not less than a miracle: Gilani

Former Prime Minister Syed Yousaf Raza Gilani has on Thursday said that Ali Haider Gillani's recovery is not less than a miracle. Talking to media outside his residence in Lahore on Thursday, Yousaf Raza Gilani said that he has received phone calls and me
Published 13 May, 2016 12:00am
Ahsan calls for developing Thar as a 'model city'

Ahsan calls for developing Thar as a 'model city'

Federal Minister for Planning, Development and Reform, Ahsan Iqbal underlined the need for master plan to develop Thar as a 'Model City' and asked the government of Sindh and investors in Engro Power Plant to take necessary steps for this purpose.
Published 13 May, 2016 12:00am
PARC, ZTBL to join hands

PARC, ZTBL to join hands

Pakistan Agriculture Research Council (PARC) and Zarai Taraqiati Bank Limited have agreed to cooperate for promotion and transfer of modern agriculture technologies, new variety of crops, machinery and scientific knowledge to small farmers to increase pro
Published 13 May, 2016 12:00am
Education key to development: Shahbaz

Education key to development: Shahbaz

Chief Minister Punjab, Muhammad Shahbaz Sharif has said that the target of rapid development can only be achieved through promotion of education. He said that education is the only way to challenge poverty, unemployment and ignorance faced by the country.
Published 13 May, 2016 12:00am
Residents hold protest blaming leaders for Baghdad carnage

Residents hold protest blaming leaders for Baghdad carnage

Hundreds of residents of a neighbourhood of the Iraqi capital rocked by a devastating bombing that killed dozens of people held a protest Thursday, blaming the government for the carnage. Most of the demonstrators were supporters of Shia cleric Moqtada Sa
Published 13 May, 2016 12:00am
Mass leafleting campaign set for Brexit referendum

Mass leafleting campaign set for Brexit referendum

All British households will receive an information booklet starting next week outlining the main arguments for and against EU membership ahead of a June referendum, electoral officials said on Thursday. The brochure is part of a voter registration drive a
Published 13 May, 2016 12:00am
British Prime Minister apologises for calling imam IS supporter

British Prime Minister apologises for calling imam IS supporter

British Prime Minister David Cameron apologised to an imam on Thursday after wrongly branding him a supporter of the Islamic State jihadist group. Cameron used a rare parliamentary device to set the record straight, having made the accusation in the lower
Published 13 May, 2016 12:00am
Refugees fear Kenya's plan to shut camps

Refugees fear Kenya's plan to shut camps

Kenya's plan to close the two refugee camps, including the world's largest, and send Somali refugees home has upset Somalia's government and sparked fear among some who have sought shelter there. "If we are chased away from this place I cannot go back hom
Published 13 May, 2016 12:00am
Aid convoy to Syria's besieged Daraya refused entry

Aid convoy to Syria's besieged Daraya refused entry

An aid convoy was refused entry to Syria's Daraya Thursday, the Red Cross said, dashing hopes for the first such delivery since regime forces began a siege of the rebel-held town in 2012. A truce in Syria's battleground city Aleppo expired, meanwhile, wit
Published 13 May, 2016 12:00am
Guinea-Bissau president sacks government

Guinea-Bissau president sacks government

Guinea-Bissau's President Jose Mario Vaz sacked his entire government on Thursday, demanding that the ruling party choose a new cabinet to lead the country out of its political crisis. The move came as the west African country struggles to resolve a nine-
Published 13 May, 2016 12:00am
US gives Tunisia military hardware to bolster security

US gives Tunisia military hardware to bolster security

The United States on Thursday delivered military hardware to Tunisia to help the North African country hit by several Islamic State group attacks secure its borders and battle terrorism. Light aircraft, jeeps and communications systems were part of the eq
Published 13 May, 2016 12:00am
US missile shield in Romania goes live to Russian fury

US missile shield in Romania goes live to Russian fury

A US anti-missile defence system in Romania aimed at protecting Nato members from threats by "rogue" nations became operational Thursday, triggering Russian fury despite US insistence it does not target Moscow. Located in Deveselu in southern Romania, the
Published 13 May, 2016 12:00am
Trump, Republican leaders hold 'positive' talks in Washington

Trump, Republican leaders hold 'positive' talks in Washington

Presumptive Republican nominee Donald Trump fell short of winning an endorsement from House Speaker Paul Ryan Thursday but both men said they had taken a "positive step" toward unifying the party behind the New York billionaire's White House run. Trump, f
Published 13 May, 2016 12:00am
French government survives no-confidence vote over labour reform

French government survives no-confidence vote over labour reform

France's embattled Socialist government survived a vote of no-confidence on Thursday over its decision to force a controversial labour reform bill though parliament. The motion brought by the centre-right opposition Les Republicains party won 246 votes in
Published 13 May, 2016 12:00am
Cotton inches down for third straight session
Cotton

Cotton inches down for third straight session

Cotton futures inched lower for the third straight session on Wednesday, pressured by losses in the grains markets. The fibre market is in a "straight follow through from the past six or seven trades - they just moved lower - as there is no fundamental re
Published 13 May, 2016 12:00am
Shanghai copper climbs

Shanghai copper climbs

Shanghai Futures Exchange copper rose by 0.9 percent to 36,240 yuan ($5,567) a tonne after China announced fresh spending measures to shore up its struggling economy, that also raised prospects for metals demand. China's state planner, National Developmen
Published 13 May, 2016 12:00am
Copper slides to 2-1/2 month low

Copper slides to 2-1/2 month low

Copper slid to the weakest levels in 2-1/2 months on Thursday on worries about global demand for industrial metals after worse-than-expected data on US jobs and European industrial output. Other base metals also turned lower after data showed the number o
Published 13 May, 2016 12:00am
Oil up one percent after swing on mixed data; US crude at November highs

Oil up one percent after swing on mixed data; US crude at November highs

Oil prices rose 1 percent in volatile trade on Thursday, with US crude hitting six-month highs as investors weighed a forecast for tighter global supplies against signs of another storage build at the hub for US crude futures. Worries of a major outage in
Published 13 May, 2016 12:00am
Rubber rises
Currency

Rubber rises

Benchmark Tokyo rubber futures ended up 0.9 percent on Thursday, erasing early losses on the back of a weaker yen against the dollar. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia, still traded not f
Published 13 May, 2016 12:00am
Palm oil sees sharpest drop in a week
Currency

Palm oil sees sharpest drop in a week

Malaysian palm oil futures eased on Thursday evening to see its sharpest drop in a week as it tracked a weaker Dalian palm olein oil and on a slightly stronger ringgit, which led to a downtrend in benchmark prices. The palm oil contract for July delivery
Published 13 May, 2016 12:00am
Raw sugar climbs to 1-1/2-year high, cocoa at three-week lows

Raw sugar climbs to 1-1/2-year high, cocoa at three-week lows

ICE raw sugar futures rose to 17 cents per lb for the first time in 1-1/2 years on Thursday, on strong charts following the prior session's 4.9 percent surge, though Asian producer selling weighed on prices earlier. Cocoa futures fell to a three-week low,
Published 13 May, 2016 12:00am
Gold rebounds in New York

Gold rebounds in New York

Gold rebounded from two-week lows on Wednesday as the dollar's rally paused and global shares fell, rekindling investors' appetite for the precious metal. Spot gold rose 0.8 percent to $1,275.50 an ounce by 2:03 pm EDT (1803 GMT), while US gold for June d
Published 13 May, 2016 12:00am
Gold edges lower in Asia

Gold edges lower in Asia

Gold retreated on Thursday after rising the most since late April the session before as the dollar recovered some lost ground. But expectations that the US Federal Reserve is unlikely to raise interest rates at its next meeting in June should help gold fi
Published 13 May, 2016 12:00am
Gold down in Europe
Currency

Gold down in Europe

Gold eased on Thursday as a strengthening dollar prompted some buyers to cash in gains after its biggest daily rise this month, though it pared losses after downbeat US jobs data. Pressure on gold, which slipped as low as $1,265.26 in earlier trade, abate
Published 13 May, 2016 12:00am
US MIDDAY: soya falls

US MIDDAY: soya falls

US soyabean futures fell on Thursday on disappointing weekly export data and expectations that US farmers might increase soyabean seedings this spring and plant less corn, analysts said. Corn and wheat futures were higher. At the Chicago Board of Trade as
Published 13 May, 2016 12:00am
US MIDDAY: gold slips

US MIDDAY: gold slips

Gold fell on Thursday as a strengthening dollar prompted some buyers to cash in gains after its biggest daily rise this month, briefly paring losses after downbeat US jobs data. Spot gold was down 0.6 percent at $1,269.76 an ounce at 2:44 pm EDT (1844 GMT
Published 13 May, 2016 12:00am
Slapping a constable for doing his duty - II

Slapping a constable for doing his duty - II

When searching for explanation in my mind I recalled an incident. I was invited for a talk at the QAU scheduled at an early hour and had felt humbled by the closure of the road for VIP movement. Getting late, I breathed sigh of relief when the traffic sta
Published 13 May, 2016 12:00am
Mao's influence lingers 50 years after China's Cultural Revolution

Mao's influence lingers 50 years after China's Cultural Revolution

Fifty years after the Cultural Revolution spread bloodshed and turmoil across China, the Communist-ruled country is driving firmly down the capitalist road, but Mao Zedong's legacy remains - like the embalmed leader himself - far from buried. No official
Published 13 May, 2016 12:00am
Passage through divided America

Passage through divided America

Writing in his weekly "FUTURE TENSE - INFLECTION POINTS," my friend Frederic Kempe, President of the Atlantic Council, says Donald Trump's clinching of the Republican Presidential nomination has forever altered the American political landscape and bewilde
Published 13 May, 2016 12:00am
Tough times for PM!
Currency

Tough times for PM!

It is widely reported in media that during the meeting between Prime Minister and Chief of Army Staff on May 10, 2016, a loud and clear message was conveyed from men in khaki to men in mufti "to avoid the protracted controversy over the Panama Papers inve
Published 13 May, 2016 12:00am
Corruption in Balochistan
Currency

Corruption in Balochistan

A raid on the house of Finance Secretary Balochistan, Mushtaq Ahmed Raisani, by National Accountability Bureau (NAB) officers and recovery of 14 bags of local and foreign currency (in excess of 63 crore rupees), excluding gold and other precious metals ha
Published 13 May, 2016 12:00am
Panama row: no resolution in sight

Panama row: no resolution in sight

CoAS General Raheel Sharif has had a one-to-one meeting with Prime Minister (PM) Nawaz Sharif before a national security meeting held after six weeks to review the country's law and order situation and the ongoing operations against terrorism. In this exc
Published 13 May, 2016 12:00am
Iranians to miss Haj pilgrimage amid rift with Saudi Arabia

Iranians to miss Haj pilgrimage amid rift with Saudi Arabia

Iranian Muslims will miss the Haj pilgrimage to Saudi Arabia in September, media reported on Thursday, as Tehran and Riyadh traded blame over a failure to agree organisational details. The regional rivals cut diplomatic ties in January. Iran's official IR
Published 13 May, 2016 12:00am
Iranians to miss Haj pilgrimage amid rift with Saudi Arabia

Iranians to miss Haj pilgrimage amid rift with Saudi Arabia

Iranian Muslims will miss the Haj pilgrimage to Saudi Arabia in September, media reported on Thursday, as Tehran and Riyadh traded blame over a failure to agree organisational details. The regional rivals cut diplomatic ties in January. Iran's official IR
Published 13 May, 2016 12:00am
Twitter suspends rapper Azealia Banks after racist abuse

Twitter suspends rapper Azealia Banks after racist abuse

Twitter on Thursday suspended the provocative rapper Azealia Banks after she went a step too far by launching racist attacks on former One Direction heartthrob Zayn. The Twitter account of @AZEALIABANKS returned a message saying that it was suspended with
Published 13 May, 2016 12:00am
PSO buys more spot cargoes to meet demand

PSO buys more spot cargoes to meet demand

Pakistan State Oil (PSO) will buy another 60,000 tonnes of gasoil from the spot market to meet rising summer demand and to plug a supply gap as a recent strike in Kuwait had affected supplies coming from the Middle East, traders said on Thursday. With the
Published 13 May, 2016 12:00am
Dr Asim's case: Rangers' plea against IO disposed of

Dr Asim's case: Rangers' plea against IO disposed of

An Anti-Terrorism Court (ATC) on Thursday observed that DSP Altaf Hussain, an investigating officer (IO), of a terror facilitation case against former minister Dr Asim Hussain, was not found being biased in investigations of the case. While disposing of a
Published 13 May, 2016 12:00am
Dr Asim's case: Rangers' plea against IO disposed of

Dr Asim's case: Rangers' plea against IO disposed of

An Anti-Terrorism Court (ATC) on Thursday observed that DSP Altaf Hussain, an investigating officer (IO), of a terror facilitation case against former minister Dr Asim Hussain, was not found being biased in investigations of the case. While disposing of a
Published 13 May, 2016 12:00am
Turkey recalls ambassador

Turkey recalls ambassador

Turkey on Thursday recalled its ambassador to Bangladesh for consultations after strongly protesting the execution in the country of a top Islamist leader, the state-run Anatolia news agency said. Motiur Rahman Nizami, leader of the Jamaat-e-Islami party,
Published 13 May, 2016 12:00am
Turkey recalls ambassador

Turkey recalls ambassador

Turkey on Thursday recalled its ambassador to Bangladesh for consultations after strongly protesting the execution in the country of a top Islamist leader, the state-run Anatolia news agency said. Motiur Rahman Nizami, leader of the Jamaat-e-Islami party,
Published 13 May, 2016 12:00am
The Weather

The Weather

The weather report on Thursday (May 12, 2016) and the forecast for Friday (May 13, 2016).

Published 13 May, 2016 12:00am
Row deepens between Pakistan, Bangladesh over execution

Row deepens between Pakistan, Bangladesh over execution

Pakistan and Bangladesh summoned each other's ambassadors on Thursday to register "strong protest" in connection with a row over the execution of an Islamist leader in Bangladesh this week, both sides said in statements. Bangladesh has in the past few yea
Published 13 May, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (May 12, 2016).

Published 13 May, 2016 12:00am
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