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Print - 2016-06-18
FTSE rebounds from four-month low after EU campaign suspended

FTSE rebounds from four-month low after EU campaign suspended

Britain's top share index rose from a four-month low on Friday, as stocks that have been hardest hit by concerns over a possible British exit from the EU rebounded after campaigning was suspended following the killing of a British lawmaker. The FTSE 100 r
Published 18 Jun, 2016 12:00am
China's yuan rises
Currency

China's yuan rises

China's yuan inched up against the dollar on Friday morning but is set to post its biggest weekly loss in five weeks, as market participants look to a more gradual pace of decline in the currency in months ahead. By midday, the yuan was changing hands at
Published 18 Jun, 2016 12:00am
Yen holds multi-year highs in Asia
Currency

Yen holds multi-year highs in Asia

The yen held near multi-year highs against the dollar and euro early on Friday, having surged after the Bank of Japan refrained from adding fresh stimulus, while sterling recovered ground as the killing of a pro-European Union lawmaker was expected to boo
Published 18 Jun, 2016 12:00am
Sterling rises, yen up in New York

Sterling rises, yen up in New York

Sterling recovered from a two-month low against the euro on Thursday and rose versus the dollar, extending gains after British police said Jo Cox, a lawmaker for Britain's opposition Labour Party, had died after being attacked earlier in the day. The yen,
Published 18 Jun, 2016 12:00am
Sri Lankan rupee one-week forwards dip
Currency

Sri Lankan rupee one-week forwards dip

Sri Lankan rupee one-week forwards ended weaker on Friday due to mild dollar demand from importers while dealers said the rupee was under pressure due to lack of exporter dollar conversions and moral suasion by the central bank, which is holding the curre
Published 18 Jun, 2016 12:00am
Most Asian currencies steady
Currency

Most Asian currencies steady

Asian currencies were generally steady versus the dollar on Friday, but most were on track for weekly losses as investors fretted about the risk that Britain may vote to leave the European Union in a referendum next week. The South Korean won eased 0.1 pe
Published 18 Jun, 2016 12:00am
Nigeria naira firms
Currency

Nigeria naira firms

Nigeria naira firmed to 355 to the dollar on the parallel market on Friday, up 2.8 percent from the previous day after the central bank introduced reforms designed to relaunch interbank currency trading and attract foreign investors. The naira traded at a
Published 18 Jun, 2016 12:00am
Sterling hedging costs hit record highs
Currency

Sterling hedging costs hit record highs

The cost of hedging against sharp swings in sterling over the next week rose to a record high on Friday as the contract rolled over to capture the date for Britain's vote on whether to stay in the European Union. In the spot market, sterling recovered fro
Published 18 Jun, 2016 12:00am
Aussie, kiwi up
Currency

Aussie, kiwi up

The Australian and New Zealand dollars edged up against their US counterpart on Friday and bounced off multi-year lows versus the yen, though they were still on track for a hefty weekly decline against the Japanese currency. The Australian dollar rose to
Published 18 Jun, 2016 12:00am
Adidas to pay up to renew Germany sponsorship

Adidas to pay up to renew Germany sponsorship

Adidas will pay between 65 million and 70 million euros ($73-$79 million) a year to extend its sponsorship deal with the German soccer association (DFB), Sport Bild reported on Friday. The German sportswear company, which declined to comment on the report
Published 18 Jun, 2016 12:00am
Shanaka stars as Sri Lanka beat Ireland

Shanaka stars as Sri Lanka beat Ireland

Dasun Shanaka enjoyed a dream debut as Sri Lanka beat Ireland in the first one-day international in Malahide by 76 runs on the Duckworth/Lewis method on Thursday. The 24-year-old, playing only his 12th international match - 10 of them Twenty20s - took fiv
Published 18 Jun, 2016 12:00am
Italy reach Euro 2016 last 16

Italy reach Euro 2016 last 16

Brazil-born striker Eder overcame an otherwise patchy performance to hit a cracking late winner in a 1-0 victory over Sweden that sent Italy into the last 16 of Euro 2016 on Friday. Eder, playing in his first major finals for Italy after being naturalised
Published 18 Jun, 2016 12:00am
Stalemate edges Germany, Poland towards last 16

Stalemate edges Germany, Poland towards last 16

Old rivals Germany and Poland fought a battle of attrition that ended in a goalless draw and edged both countries towards a place in the last 16 of Euro 2016 on Thursday. The stalemate left Germany on top of Group C on goal difference with both sides on f
Published 18 Jun, 2016 12:00am
Hamilton rides through chaos to go fastest

Hamilton rides through chaos to go fastest

Lewis Hamilton topped the times ahead of Mercedes team-mate and championship leader Nico Rosberg in both of Friday's incident-packed practice sessions for this weekend's European Grand Prix in Baku. The defending world champion made light of the difficult
Published 18 Jun, 2016 12:00am
Russian Olympian retires hurt at 21

Russian Olympian retires hurt at 21

Russia's Viktoria Komova, a two-time world champion and twice Olympic silver medallist, is retiring from gymnastics because of health problems at just 21, a national team coach said Friday. Komova, who had hoped to compete at the Rio Olympics in August, h
Published 18 Jun, 2016 12:00am
Pink ball makes India debut as day-night clamour grows

Pink ball makes India debut as day-night clamour grows

India will witness its first ever multi-day pink ball game at Kolkata's Eden Gardens from Saturday, a possible precursor to a day-night Test later this year in the world's richest cricket market. The four-day match is an inter-club final between Mohun Bag
Published 18 Jun, 2016 12:00am
Murray battles into Queen's semis

Murray battles into Queen's semis

Defending champion Andy Murray survived a stern test from Kyle Edmund to reach the Queen's Club semi-finals with a 6-4, 3-6, 6-1 victory over the British wildcard on Friday. Murray will play Croatia's Marin Cilic in the last four on Saturday in a rematch
Published 18 Jun, 2016 12:00am
US into Copa last four

US into Copa last four

Clint Dempsey struck again as the United States powered through to the semi-finals of the Copa America Centenario on Thursday in a stormy 2-0 win over Ecuador that saw both sides finish with 10 men. Dempsey scored his third goal in as many games for Jurge
Published 18 Jun, 2016 12:00am
Younis undaunted by English attack in Lord's return

Younis undaunted by English attack in Lord's return

Pakistan's top Test batsman Younis Khan has brushed aside the threat posed by England's in-form pace attack as his team prepare to return to the scene of an infamous spot-fixing scandal in 2010. Khan said Pakistan's familiarity with the likes of Stuart Br
Published 18 Jun, 2016 12:00am
Federer ousts Goffin to reach Halle semis

Federer ousts Goffin to reach Halle semis

World number three Roger Federer beat Belgium's David Goffin 6-1, 7-6 (12/10) on Friday to qualify for the ATP Halle semi-finals. The Swiss veteran, a 17-time Grand Slam winner, is seeking a ninth title in the Wimbledon warm-up event in Halle, and fourth
Published 18 Jun, 2016 12:00am
Zohaib of KPK elected for Asian Junior Badminton

Zohaib of KPK elected for Asian Junior Badminton

Hailing from Khyber Pakhtunkhwa international badminton player Zohaib Khan named in the Pakistan Junior team for the forthcoming Asian Junior Badminton Championship to be commencing from July 9-17, 2016. Talking to media member selection committee of the
Published 18 Jun, 2016 12:00am
Aamir can't put a foot wrong, warns manager

Aamir can't put a foot wrong, warns manager

Pakistan cricket team manager Intikhab Alam Friday warned fast bowler Mohammad Aamir cannot afford to put a foot wrong on the tour of England where he was caught in a spot-fixing case six years ago. The images of Aamir's shocking over-stepping of the crea
Published 18 Jun, 2016 12:00am
US should bomb Assad: dissident diplomat cable

US should bomb Assad: dissident diplomat cable

Dozens of US diplomats think America should launch military strikes against the Syrian government, according to a State Department document, breaking ranks with President Barack Obama's policy on the bloody civil war. The so-called "dissent channel" cable
Published 18 Jun, 2016 12:00am
IS attack in Iraq kills 15 members of security forces

IS attack in Iraq kills 15 members of security forces

The Islamic State group has killed 15 members of the local security forces in attacks on villages in northern Iraq, officials said on Friday. The attack was launched late Thursday on villages east of the restive town of Tuz Khurmatu, which lies in an ethn
Published 18 Jun, 2016 12:00am
Iraqi forces retake Fallujah government HQ

Iraqi forces retake Fallujah government HQ

Iraqi forces raised the national flag over the main government compound in Fallujah on Friday, top commanders said, a breakthrough in the nearly four-week-old offensive against the Islamic State group's bastion. They met limited resistance from IS fighter
Published 18 Jun, 2016 12:00am
MSF rejects EU funds over 'shameful' migrant policy

MSF rejects EU funds over 'shameful' migrant policy

Medical aid group Doctors Without Borders on Friday said it would no longer take funds from the EU in protest at its "shameful" policies on the migration crisis, including a deal with Turkey. The charity, widely known by its French acronym MSF (Medecins S
Published 18 Jun, 2016 12:00am
Three die, several injured in freak Poland storms

Three die, several injured in freak Poland storms

Violent storms killed three people and injured several others across Poland Friday, also leaving serious property damage in their wake, local media reported. A 61-year-old man died, crushed by a tree while driving his car in the central town of Zgierz. Hi
Published 18 Jun, 2016 12:00am
French government, hardline union fail to break impasse

French government, hardline union fail to break impasse

Talks between France's labour minister and the head of the country's main union Friday failed to break a deadlock over labour market reforms which have led to months of anti-government protests. The two sides "did not find consensus," Labour Minister Myri
Published 18 Jun, 2016 12:00am
Second black box recovered from EgyptAir crash site

Second black box recovered from EgyptAir crash site

Search teams on Friday recovered the second flight recorder of an EgyptAir plane from the bottom of the Mediterranean that could prove vital in establishing the cause of the crash. Flight MS804 from Paris to Cairo disappeared from radar screens in the eas
Published 18 Jun, 2016 12:00am
India blocks foreign funding of Modi critic's trust

India blocks foreign funding of Modi critic's trust

The Indian government has cancelled the foreign funding licence of a non-profit trust run by a high-profile activist known for her vocal criticism of Prime Minister Narendra Modi, saying it misused overseas funds. The Home Ministry alleged in an order Thu
Published 18 Jun, 2016 12:00am
Former SS guard convicted for complicity in Auschwitz murders

Former SS guard convicted for complicity in Auschwitz murders

A former SS guard was on Friday convicted by a German court for complicity in the mass murders at Auschwitz death camp, capping what is likely one of the last Holocaust trials. More than 70 years after World War II, Reinhold Hanning, 94, was sentenced to
Published 18 Jun, 2016 12:00am
$122 million needed to fight Zika over 18 months: WHO

$122 million needed to fight Zika over 18 months: WHO

The World Health Organisation said Friday that $122 million (108 million euros) is needed to fund an 18-month anti-Zika battle plan that will focus on women of child-bearing age. The mosquito-borne virus has recently been linked to serious birth defects i
Published 18 Jun, 2016 12:00am
EU rolls over Crimea sanctions for a year

EU rolls over Crimea sanctions for a year

The European Union on Friday rolled over for another year sanctions imposed to protest Russia's 2014 annexation of Crimea from Ukraine, which the bloc deems illegal. The announcement comes amid growing speculation the bloc will in coming days also renew m
Published 18 Jun, 2016 12:00am
Rainy season Officers directed to complete plans without delay

Rainy season Officers directed to complete plans without delay

Administrator Karachi Laeeq Ahmed has said concerned departments of KMC have been made alert ahead of forecast for excessive rains expected during the coming monsoon season in the city. The cleaning of five major city water drain storms has also started i
Published 18 Jun, 2016 12:00am
Terms of Reference: 12-member body fails to make headway

Terms of Reference: 12-member body fails to make headway

After the 12-member parliamentary committee on Panama papers failed to make any progress to formulate consensus Terms of References (ToRs), the combined opposition on Friday decided to give its future line of action on June 20. The meeting of the joint op
Published 18 Jun, 2016 12:00am
Hunting 'Para' deer: four persons arrested

Hunting 'Para' deer: four persons arrested

The Punjab Wildlife and Parks Department on Friday arrested four persons hunting 'Para' deer from district Narowal and recovered on the spot Rs 100,000 departmental fine from them. Those arrested include Qadeer of Wazirabad who paid Rs 70,000 as departmen
Published 18 Jun, 2016 12:00am
Pemra bans two Ramazan TV shows

Pemra bans two Ramazan TV shows

Two Ramazan shows broadcast by private news channels were taken off air Friday by regulators. The channels were said by Pakistan Electronic Media Regulatory Authority (PEMRA) to have violated its code of conduct by promoting sectarian views and disgracing
Published 18 Jun, 2016 12:00am
Foundation of 'Pakistan gate' laid at Taftan border

Foundation of 'Pakistan gate' laid at Taftan border

Foundation of the Pakistan gate on Friday was laid at the Pakistan-Iran border in Taftan. Civil-military leaders attended the event along with tribal leaders. Collector customs Saeed Gadhaun, Brigadier Khalid Baig, Commandant Taftan Rifles Colonel Kashif
Published 18 Jun, 2016 12:00am
Property registration system being introduced in Punjab

Property registration system being introduced in Punjab

The Punjab government has planned new interventions in the field of Information Technology applying E-Governance in the province at all levels and introducing property registration system across the province starting from Lahore after successful computeri
Published 18 Jun, 2016 12:00am
CDWP approves 13 projects worth Rs 91 billion

CDWP approves 13 projects worth Rs 91 billion

Central Development Working Party (CDWP) on Friday approved 13 development projects of Rs 91 billion out of which seven development projects worth Rs 88 billion were referred to Executive Committee of National Economic Council (ECNEC) for final approval.
Published 18 Jun, 2016 12:00am
CNG supply suspension schedule

CNG supply suspension schedule

All CNG stations in Sindh province will remain closed on Monday (June 20), Wednesday (June 22) and Friday (June 24) from 8 am for next 24 hours. A press release of SSGC said here on Friday that all industries including power plants will also remain closed
Published 18 Jun, 2016 12:00am
Romanian diplomat to write memoir on Pakistan

Romanian diplomat to write memoir on Pakistan

The Romanian Ambassador, Emilian Ion called on Federal Minister for Defence Productions. They exchanged ideas of mutual interest on political and industrial cooperation in a pleasant meeting. The tenure of Emilion Ion as ambassador is ending in Pakistan.
Published 18 Jun, 2016 12:00am
Emerging Markets Index: President lauds Dar

Emerging Markets Index: President lauds Dar

President Mamnoon Hussain on Friday congratulated Finance Minister Ishaq Dar on the country's up-gradation to Emerging Markets status. In a telephonic call to the Finance Minister, the President noted with appreciation that sound and sustained economic po
Published 18 Jun, 2016 12:00am
Emerging Markets Index: President lauds Dar

Emerging Markets Index: President lauds Dar

President Mamnoon Hussain on Friday congratulated Finance Minister Ishaq Dar on the country's up-gradation to Emerging Markets status. In a telephonic call to the Finance Minister, the President noted with appreciation that sound and sustained economic po
Published 18 Jun, 2016 12:00am
PUICS, OPC sign MoU to provide internship facilities

PUICS, OPC sign MoU to provide internship facilities

Punjab University Institute of Communication Studies (PUICS) and Overseas Pakistanis Commission (OPC) Punjab have signed a Memorandum of Understanding (MoU) to provide internship facilities to the students of the institute. In this regard, an MoU signing
Published 18 Jun, 2016 12:00am
'Wah General Hospital to be completed within one year'

'Wah General Hospital to be completed within one year'

Advisor to Chief Minister Punjab on Health, Khwaja Salman Rafique has said that construction work of Wah General Hospital is underway on fast track and it would be completed within a year at total estimated cost of Rs 1325.205 million. "Provision of medic
Published 18 Jun, 2016 12:00am
FESCO implementing minimum load management plan

FESCO implementing minimum load management plan

Chief Executive Officer (CEO), Faisalabad Electric Supply Company (FESCO), Rashid Ahmed Aslam during a FESCO Operations circle meeting said, that the demand for electricity has increased in view of the current heat wave, and that FESCO is implementing the
Published 18 Jun, 2016 12:00am
Zardari denounces 'forced' conversion of Kalash girl

Zardari denounces 'forced' conversion of Kalash girl

Former President Asif Al Zardari has expressed deep concern over reports of forcible conversion of a Kalash teenager girl resulting in a clash between the Muslim supporters of conversion and her community in Bamburete, Chitral on Thursday. According to re
Published 18 Jun, 2016 12:00am
Profiteering: Punjab launches crackdown against shopkeepers, traders

Profiteering: Punjab launches crackdown against shopkeepers, traders

The Punjab government has launched a crackdown against those shopkeepers and traders involved in overcharging, illegal profiteering, hoarders and adulterators across the province. As many as 1756 Price control magistrates of the provincial government are
Published 18 Jun, 2016 12:00am
Parents 'kill pregnant woman for honour'

Parents 'kill pregnant woman for honour'

Relatives slit the throat of a young mother who was pregnant with her second child after she married against their will, officials said Friday, the latest in a spate of so-called "honour killings". Muqaddas Bibi, 22, married Taufiq Ahmed three years ago i
Published 18 Jun, 2016 12:00am
Health Professional: provision of Allowance to 12 MOs recommended

Health Professional: provision of Allowance to 12 MOs recommended

The Special Committee formulated by Punjab Chief Minister Shahbaz Sharif to review Health Professional Allowance issue under the chairmanship of Additional Chief Secretary Punjab Shamail Ahmad Khawaja has recommended provision of Health Professional Allow
Published 18 Jun, 2016 12:00am
Politics of protests inflicting huge losses on economy: PIAF

Politics of protests inflicting huge losses on economy: PIAF

Pakistan Industrial and Traders Association Front (PIAF) has said the politics of protests and sits-in on the Shahra-e-Quaid-e-Azam is badly damaging the business activities and causing huge loss to the traders and the government as well. The PIAF office
Published 18 Jun, 2016 12:00am
NTDCL launches internship programme for 300 students of 30 universities

NTDCL launches internship programme for 300 students of 30 universities

National Transmission and Despatch Company Limited (NTDCL) has started internship programme for 300 students of 30 universities of the country in line with the Corporate Social Responsibility (CSR). A two-day orientation ceremony was held on Friday at WAP
Published 18 Jun, 2016 12:00am
'NAVTTC accredits 33 TEVTA institutes with 239 programmes'

'NAVTTC accredits 33 TEVTA institutes with 239 programmes'

"The National Vocational & Technical Training Commission (NAVTTC) accredited further 33 Institutes of Technical Education and Vocational Training Authority (TEVTA) with 239 programmes in view of their excellent standard and outstanding performance. The pu
Published 18 Jun, 2016 12:00am
UHS announces professional BSc results

UHS announces professional BSc results

The University of Health Sciences (UHS) has announced the results of final Professional BSc (Hons.) Medical Laboratory Technology (revised scheme) annual examination. A total of 142 candidates from 10 affiliated institutes appeared in the examination out
Published 18 Jun, 2016 12:00am
Rallies on Mall Road: LCCI chief for proper ban implementation

Rallies on Mall Road: LCCI chief for proper ban implementation

Lahore Chamber of Commerce and Industry (LCCI) has urged the City District Government Lahore to ensure implementation of ban imposed on protests and rallies at Mall Road. LCCI President Sheikh Muhammad Arshad on Friday said that Mall Road is not only a ma
Published 18 Jun, 2016 12:00am
Rooh-e-Samar allowed sale during Ramazan

Rooh-e-Samar allowed sale during Ramazan

The apex court of Pakistan allowed manufacturer of Rooh-e-Samar to continue its sale till month of Ramadan. The company was allowed sale during the hearing of a matter relating to infringement of trademark and patent right on Friday. Appearing before a tw
Published 18 Jun, 2016 12:00am
Health Department, Khyber Medical University sign MoU

Health Department, Khyber Medical University sign MoU

Provincial Health Department and Khyber Medical University (KMU) signed a memorandum of understanding (MoU) on Friday for four years diploma course for paramedics under semester system that will begin at Zulfiqar Ali Bhutto Postgraduate Paramedical Instit
Published 18 Jun, 2016 12:00am
German Bank, CADD sign agreement

German Bank, CADD sign agreement

An agreement was signed on Friday between Capital Administration and Development Division (CADD) and German KFW Bank for setting up Islamabad Blood centre. The agreement was signed by Secretary CADD Hassan Iqbal and Country Director German KFW Bank, Wolfg
Published 18 Jun, 2016 12:00am
Afghan refugees: Denmark hails UNHCR's role

Afghan refugees: Denmark hails UNHCR's role

"Empower-ing the Afghan refugee youth in Pakistan through enhanced vocational training and livelihoods projects is an important initiative to bolster the human capital of Afghan refugees and allow them to contribute to the reconstruction and development p
Published 18 Jun, 2016 12:00am
Bilawal expresses grief over death of Aslam Farrukhi

Bilawal expresses grief over death of Aslam Farrukhi

Bilawal Bhutto Zardari, Chairman Pakistan Peoples Party has expressed grief and sorrow over the death of renowned literary figure of Urdu Aslam Farrukhi and paid him tributes for his extraordinary work in the field. In a condolence message to his family m
Published 18 Jun, 2016 12:00am
Vehicles, weapons: nine arrested for illegal possession

Vehicles, weapons: nine arrested for illegal possession

The city police on Friday nabbed nine alleged criminals including carjackers and recovered two cars, five motorbikes and illegal weapons from their possession. A police official said the Crime Investigation Agency (CIA) of police booked a bike lifter iden
Published 18 Jun, 2016 12:00am
Pakistan to hold trade exhibition in Hungary

Pakistan to hold trade exhibition in Hungary

Pakistan will hold trade exhibition and a Business Forum in Hungary in a bid to enhance Pakistan's exports in the Eastern part of Europe, said the Minister for Commerce, Engr Khurram Dastgir Khan while meeting with the ambassador of Hungary Istvan Szabo i
Published 18 Jun, 2016 12:00am
Calligraphic exhibition opened at MCCI

Calligraphic exhibition opened at MCCI

Multan Chamber of Commerce & Industry (MCCI) on Friday arranged a calligraphic exhibition of renowned artists at its art gallery. Chief Commissioner RTO Multan, Saleem Raza Asif opened the exhibition along with Fareed Mughsi Sheikh, President MCCI.
Published 18 Jun, 2016 12:00am
Knowledge Management Centre opened at P&D Complex

Knowledge Management Centre opened at P&D Complex

Chairman Planning & Development Punjab, Muhammad Jahanzeb Khan inaugurated the Knowledge Management Centre at P&D Complex, here on Friday to encourage and facilitate all the employees and could be used by the university students for their research project
Published 18 Jun, 2016 12:00am
Honda Atlas holds free medical camp

Honda Atlas holds free medical camp

In continuation with the efforts for social uplift and welfare of the people of rural and less privileged areas, a one day free medical camp was arranged by Honda Atlas Cars (Pakistan) Limited at Talib Sarai village, Manga Raiwind road, Lahore on June 5th
Published 18 Jun, 2016 12:00am
SSUET signs two contracts on technological advancement

SSUET signs two contracts on technological advancement

Sir Syed University of Engineering & Technology signed two contracts to keep pace with technological advancement of modern era. The first contract was signed with Techlogix for developing campus management system, and second contract was signed with M/s B
Published 18 Jun, 2016 12:00am
Flood warning centre starts functioning

Flood warning centre starts functioning

As the pre-monsoon rains have started and the Met Office has predicted that the Summer monsoon rainfall is likely to be 10-20% above normal over the country, this season averaged for three months, the Flood Warning Centre has started functioning after the
Published 18 Jun, 2016 12:00am
PPDWP approves 11 new development projects

PPDWP approves 11 new development projects

The Punjab Provincial Development Working Party approved eleven development schemes of various Development Sectors with an estimated cost of Rs 3824.843 million. These schemes were approved in the 40th meeting of Provincial Development Working Party (PDWP
Published 18 Jun, 2016 12:00am
Peshawar police awarded

Peshawar police awarded

The Inspector General of Police (IGP) Khyber Pakhtunkhwa, Nasir Khan Durrani awarded Peshawar police on targeting a terrorist in police encounter at a local hotel Peshawar in a ceremony held at CPO Peshawar on Friday. According to details on 10th May the
Published 18 Jun, 2016 12:00am
Gwadar Port to create 40,000 jobs: chairman

Gwadar Port to create 40,000 jobs: chairman

Work on construction of a 10-square kilometre industrial free zone in Gwadar is underway and the port city alone will be able to create about 40,000 jobs having more capacity of job opportunities in the future. In an interview with APP here on Friday, Cha
Published 18 Jun, 2016 12:00am
Balochistan wheat scandal: former secretary sent to jail

Balochistan wheat scandal: former secretary sent to jail

An accountability court has sent ex-secretary Food Department, Government of Balochistan, Ali Bakhsh Baloch to jail on judicial remand, here on Friday who was arrested by the National Accountability Bureau (NAB) last day. A NAB team produced him before th
Published 18 Jun, 2016 12:00am
Railways surpasses Rs 32 billion revenue target by Rs four billion

Railways surpasses Rs 32 billion revenue target by Rs four billion

Pakistan Railways (PR) surpassed the revenue target of Rs 32 billion set for the current financial year by Rs 4 billion, mainly because of inducting new/repaired locomotives and increasing the number of freight trains, it is learnt. PR officials are confi
Published 18 Jun, 2016 12:00am
Bill Gates Foundation official phones Bilawal

Bill Gates Foundation official phones Bilawal

Christopher Elias President of Bill Gates & Melinda Foundation's Global Development Program phoned Bilawal Bhutto Zardari Chairman Pakistan Peoples Party and discussed the joint efforts of the Foundation and the Sindh government for eradication of crippli
Published 18 Jun, 2016 12:00am
Appointment of CEC, members: Rashid made Chairman of Parliamentary body

Appointment of CEC, members: Rashid made Chairman of Parliamentary body

Minister for Information, Broadcasting and National Heritage Senator Pervaiz Rashid on Friday was elected the Chairman of Parliamentary Committee on appointment of Chief Election Commissioner and Members of the Election Commission. The first meeting of th
Published 18 Jun, 2016 12:00am
POL discovers hydrocarbons in Makori

POL discovers hydrocarbons in Makori

Pakistan Oilfields Limited (POL) Friday said to have discovered hydrocarbons in Makori Deep-01 well. According to company secretary Syed Khalid Nafees, MOL, the operator of TAL Block, has reported the fresh discovery under Makori Development and Productio
Published 18 Jun, 2016 12:00am
HEC organises send-off ceremony for university students

HEC organises send-off ceremony for university students

The Higher Education Commission (HEC), Pakistan organised on Friday a send-off ceremony for university students to participate in an ICT training and hands-on practice at Huawei, Beijing, China. Dr Mukhtar Ahmed, Chairman HEC was the chief guest. Mrs Bao,
Published 18 Jun, 2016 12:00am
KP budget debate: PTI MPA, four opposition legislators stage walkout

KP budget debate: PTI MPA, four opposition legislators stage walkout

Dissent was once again witnessed in the ranks of Pakistan Tehreek-e-Insaf (PTI) legislators in the Khyber Pakhtunkhwa Assembly after a PTI provincial cabinet member and four joint opposition legislators staged a walk-out from the House after the speaker d
Published 18 Jun, 2016 12:00am
Shell, Al Shaheer sign MoU

Shell, Al Shaheer sign MoU

Shell Pakistan Limited and Al Shaheer Corporation Limited have signed a Memorandum of Understanding (MoU) to collaborate in their retail business in Pakistan. Under the terms of this MoU, Shell and Al Shaheer would jointly assess the opportunities for hav
Published 18 Jun, 2016 12:00am
Minister conducts surprise raids in bazaar

Minister conducts surprise raids in bazaar

Khyber Pakhtunkhwa Minister for Food Haji Qalandar Khan Lodhi and Provincial Secretary Food Asmatullah Khan Gandapur in order to review the rates and quality of daily use edible items visited the Bilal, Basharat, Zahid and Yousafzai Markets at Phase I, II
Published 18 Jun, 2016 12:00am
Villagers protest against arrests of Jirga members

Villagers protest against arrests of Jirga members

The villagers in Wari subdivision of Dir Upper on Friday staged a protest demonstration outside press club, against the Wari police for allegedly arresting members of Jirga without any charges against them. The protesters led by the PTI members while othe
Published 18 Jun, 2016 12:00am
Imran reiterates demand for Nawaz's resignation

Imran reiterates demand for Nawaz's resignation

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Friday stated that he backed the sit-in organised being staged by Pakistan Awaami Tehreek (PAT), adding that 14 members of PAT were martyred two years ago but justice was not dispensed. Talking to medi
Published 18 Jun, 2016 12:00am
The Weather

The Weather

The weather report on Friday (June 17, 2016) and the forecast for Saturday (June 18, 2016).

Published 18 Jun, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (June 17, 2016).

Published 18 Jun, 2016 12:00am
Rs 10.44 trillion charged expenditures presented in National Assembly

Rs 10.44 trillion charged expenditures presented in National Assembly

The government has presented Rs 10.44 trillion charged expenditures included in demands for grants and appropriations, in the National Assembly for the financial year ending June 30, 2017. Finance Minister Muhammad Ishaq Dar presented the charge and expen
Published 18 Jun, 2016 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 18 Jun, 2016 12:00am
Listed companies directed to maintain functional websites

Listed companies directed to maintain functional websites

The Securities and Exchange Commission of Pakistan (SECP) has directed the listed companies to maintain a functional website and provide mandatory information including placement of quarterly and annual accounts and specific information under SRO-I and se
Published 18 Jun, 2016 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 18 Jun, 2016 12:00am
Afghanistan envoy for high-level talks to resolve Torkham issue

Afghanistan envoy for high-level talks to resolve Torkham issue

Afghan Ambassador to Pakistan, Dr Omar Zakhelwal warned that he would resign if construction on the Torkham gate does not cease and emphasised the need to resolve outstanding issues through high level talks. "I want to make it clear, if you [Pakistan] con
Published 18 Jun, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (June 17, 2016).

Published 18 Jun, 2016 12:00am
Complaints against KE common: Advisor to Ombudsman

Complaints against KE common: Advisor to Ombudsman

Complaints against K-Electric are common and the Federal Ombudsman Regional Office is receiving applications most of which are against K-Electric. This was stated by Muhammad Yameen, Advisor to Federal Ombudsman. He was hearing applications of power users
Published 18 Jun, 2016 12:00am
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