Private Power & Infrastructure Board (PPIB) is all set to scrap 500MW Chakothi-Hattian hydropower project in case sponsors fail to move ahead within a specified time, well-informed sources told Business Recorder.

London's Labour mayor Sadiq Khan on Sunday urged party members to unseat boss Jeremy Corbyn in the upcoming leadership election, saying he had "failed to win the respect of the British people."

London's Labour mayor Sadiq Khan on Sunday urged party members to unseat boss Jeremy Corbyn in the upcoming leadership election, saying he had "failed to win the respect of the British people."

Donald Henderson, an American doctor and public health official who led the successful global drive to wipe out smallpox in the 1960s and '70s, credited with saving tens of millions of lives, has died. He was 87. Known as D.A., Henderson was a "giant" in

Donald Henderson, an American doctor and public health official who led the successful global drive to wipe out smallpox in the 1960s and '70s, credited with saving tens of millions of lives, has died. He was 87. Known as D.A., Henderson was a "giant" in

Customs authorities have no legal authority to check non-duty paid smuggled vehicles and other smuggled goods in Provincially Administered Tribal Areas (PATA) following withdrawal of Customs Act, 1969 to the said tribal areas.

Customs authorities have no legal authority to check non-duty paid smuggled vehicles and other smuggled goods in Provincially Administered Tribal Areas (PATA) following withdrawal of Customs Act, 1969 to the said tribal areas.

Customs authorities have no legal authority to check non-duty paid smuggled vehicles and other smuggled goods in Provincially Administered Tribal Areas (PATA) following withdrawal of Customs Act, 1969 to the said tribal areas.

The claim by the International Monetary Fund (IMF) that Pakistan economy has made a significant progress under the Extended Fund Facility (EFF) arrangement and laid a foundation for sustainable growth does not reflect the real situation.

The claim by the International Monetary Fund (IMF) that Pakistan economy has made a significant progress under the Extended Fund Facility (EFF) arrangement and laid a foundation for sustainable growth does not reflect the real situation.

The claim by the International Monetary Fund (IMF) that Pakistan economy has made a significant progress under the Extended Fund Facility (EFF) arrangement and laid a foundation for sustainable growth does not reflect the real situation.

More than 20 people were killed on Sunday when suicide bombers from the militant al Shabaab group detonated two car bombs at a local government headquarters in Somalia's semi-autonomous Puntland region, witnesses and officials said. Residents of the town

More than 20 people were killed on Sunday when suicide bombers from the militant al Shabaab group detonated two car bombs at a local government headquarters in Somalia's semi-autonomous Puntland region, witnesses and officials said. Residents of the town

Iraq said on Sunday it had hanged 36 militants sentenced to death over the mass killing of hundreds of mainly Shi'ite soldiers at a camp north of Baghdad in 2014. The executions were carried out at a prison in Nasiriya, a city in southern Iraq, state tele

Iraq said on Sunday it had hanged 36 militants sentenced to death over the mass killing of hundreds of mainly Shi'ite soldiers at a camp north of Baghdad in 2014. The executions were carried out at a prison in Nasiriya, a city in southern Iraq, state tele

Palestinian militants in the Gaza Strip launched a rocket that landed in the Israeli border town of Sderot on Sunday and Israeli aircraft and tanks responded by shelling the Gaza town of Beit Hanoun, the army and police said. The rocket caused no injuries

Palestinian militants in the Gaza Strip launched a rocket that landed in the Israeli border town of Sderot on Sunday and Israeli aircraft and tanks responded by shelling the Gaza town of Beit Hanoun, the army and police said. The rocket caused no injuries

Three security forces personnel were injured when the vehicle of security forces, they were travelling, hit a landmine in suburban Dera Bugti area of Zain Loti. According to details the security forces personnel were going on a patrol. The injured personn

The Ministry of Religious Affairs and Interfaith Harmony has established a Hajj inquiry Cell for prompt resolution of the complaints of intending pilgrims.

Punjab government has approved a program to provide interest free easy loans to five hundred thousand small farmers. The approval was given at a meeting in Lahore on Sunday, with Chief Minister Shahbaz Sharif in the chair. These loans will be provided for

At least five people including two children were killed while five others sustained injuries as roof of a dilapidated house collapsed near Delhi Gate in Lahore on Sunday. According to details, the roof of a dilapidated house caved in when a wedding functi

Retribu-tion movement rallies of Pakistan Awami Tehreek (PAT) would turn to 25 more cities including Gujranwala Sunday. Protest staged by PAT against incumbent government has continued as the caravan consisting of passionate party activists would move tow

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, who led the funeral prayer of the slain JI local leader Mirza Tanvir Baig advocate on Sunday, told the media persons that the rulers would have to answer for the blood of the innocent people.

Pakistan Muslim League- Q senior central leader Chaudhry Pervez Elahi has said that every citizen is worried over alarming increase in cases of kidnapping of children in Punjab.

The chain of worst kind of state-sponsored oppression and tyranny upon the hapless Kashmiris has taken an ugly turn as the Indian forces are now desecrating the most sacred places of Muslims, ie Masajid (the mosques).

The Directorate of Staff Development (DSD), government of the Punjab and the British Council have signed a Memorandum of Understanding (MOU) to implement the British Council's connecting classrooms programme in public schools in the Punjab, at DSD Auditor

Punjab Chief Minister Muhammad Shahbaz Sharif laid the foundation stone of the project of railway track flyover in Raiwind Sunday, which will be completed within six months at a cost of Rs 1046 million. Secretary Communication and Works gave a briefing to

Protests against Indian Prime Minister Nerender Modi and Indian atrocities in held Kashmir are underway in various cities. While expressing solidarity with Kashmiris, locals living in Muzaffarabad held motorcycle rally and burned Modi's statue under Jammu

A score of transporters and traders in Khyber Agency held a protest demonstration on Sunday against extortion with them by Afghan officials in various checkpoints in Afghanistan. Khyber Transporters Union leaders led the protest demonstration held at Taki

Punjab Chief Minister Shahbaz Sharif stated on Sunday that the provincial government has decided to head to the Supreme Court against the verdict of the Lahore High Court (LHC) against the Orange line train project.

Speakers at a seminar called for setting up an independent University of Alternative Medicine, and making separate regulating laws for practitioners of herbal medicines including Tibb-e-Unani and Ayurvedic, alongside Homeopathic practitioners.

President Mamnoon Hussain says it is necessary to link Gilgit-Baltistan with national grid to derive maximum benefit from water resources of the region. The President said this while being briefed on water and power projects here in Skardu. On the occasio

At a meeting with the members and office bearers of Hyderabad Chamber of Commerce and Industry (HCCI) on Sunday, the business community of the district expressed their deep concern over the arrest of Gohar Ullah, President HCCI by National Accountability

A high level committee led by provincial secretary health would be formed to improve hospitals of Sindh so that local population could get better health facilities at district level and they don't have to travel to Karachi or other areas for treatment, sa

Jamaat-e-Islami has announced it will begin a drive against interest-based banking in Khyber Pakhtunkhwa. The JI also urged the KP government to convert the Bank of Khyber into a Sharia-compliant entity. Speaking at a news conference at al-Makaz-e-Islami

Minister for Kashmir Affairs and Gilgit Baltistan Chaudhary Muhammad Barjees Tahir said government will be able to overcome gas and electricity crises in the country by 2018. He made these remarks while inaugurating gas supply pipeline in Sheikhupura on S

Punjab will hold polio campaign in Faisalabad's four districts from 22-24 August as part of Case Response to positive environmental sample. Advisor to CM Khawaja Salman Rafique said on Sunday, "We have decided to hold a campaign in Faisalabad district fro

President Mamnoon Hussain has conferred Tamgha-e-Shujaat (Posthumous) on Abdul Wajid Khan shaheed, owner of a construction company. Wajid Khan, 43, embraced martyrdom along with his driver while driving from Quetta to Panjgur town of Balochistan in an att

Director General of Iranian Interior Ministry's Department for Border Affairs Majid Aqa Babaei has announced that two official border points will be added to Iran-Pakistan joint border lines.

Law Enforcement Agencies on Sunday apprehended two suspected terrorists who were bidding to transport weapons and sizeable quantity of ammunition and explosive materials in a vehicle. According to Inter Services Public Relations (ISPR), the arrests of the

Pakistan Tehreek-e-Insaf Chairman Imran Khan on Sunday demanded that Pakistan Rangers should be assigned Karachi-like operation in Lahore and Islamabad also because the incidents of political target killings were increasing at an alarming rate in the fede

At least eight persons, including five women and a religious cleric were killed while a girl sustained injuries when a passenger jeep fell into a deep ditch near Sadpara valley-some 40 kilometers South of Skardu city on Sunday evening, the local police an

Sindh Chamber of Agriculture (SCA) has welcomed the announcement of Chief Minister Sindh regarding forming a ministerial committee for resolving the issues of agriculture sector and demanded to notify the committee at the earliest.

Pakistan Medical Association (PMA) Sindh general secretary Dr Pir Manzoor appealed to Sindh government and produced a charter of demands to Sindh chief minister and health minister. He dubbed the health department as the most corrupt and inefficient.

The Punjab Education Foundation (PEF) has provided the life-changing facility of free quality education to the low-income families in the province, who cannot provide education to their children, due to different reasons. For this purpose, educational par

Out of five suspected patients of Crimean-Congo Hemorhagic fever (CCHF) registered in Hayatabad Medical Complex (HMC) Peshawar, Khyber Pakhtunkhwa, two were died, during last eight months.

Regime forces and Kurdish fighters agreed to a truce in the flashpoint Syrian city of Hasakeh on Sunday after two days of Russian mediation efforts, a military source told AFP. The north-eastern city has been rocked by deadly clashes between US-backed Kur

A senior Indian minister appeared Sunday to support police in a row over free speech that saw Amnesty slapped with sedition charges for an event about the disputed Kashmir region.

Afghan forces have recaptured a district that had fallen briefly to the Taliban, officials and residents said Sunday, after thousands of people fled their homes in Afghanistan's north-eastern Kunduz province. Khan Abad district, which is around 30 kilomet

Former industry minister Arnaud Montebourg has said he will run in France's presidential election after "wasted" years under Francois Hollande, the latest candidate on the left to challenge the government's pro-business line.

The average New York City taxi driver may still be sassy, but will not be required to speak English any longer. The change is the result of a new law that Mayor Bill DeBlasio signed in April and went into effect on Friday eliminating the English proficien

Lou Pearlman, the producer who launched the hit 1990s boy band groups Backstreet Boys and NSYNC, has died in prison while serving a 25-year sentence for bilking investors of $300 million. The Federal Bureau of Prisons said the disgraced businessman died o

Philippine President Rodrigo Duterte railed against the United Nations on Sunday after it called for an end to the wave of killings unleashed by his war on drugs, saying he might leave the organisation and invite China and others to form a new one.

Iran released images of its first domestically built long-range missile defence system on Sunday, a project started when the country was under international sanctions. Images on multiple state news agencies showed President Hassan Rouhani and Minister of

A suicide bomber on a motorbike killed three people and wounded 24 on Sunday at a market in north Cameroon, where Islamist Boko Haram is waging an insurgency for a breakaway Islamic state across four countries, authorities said.

For the first time since the end of the Cold War, the German government plans to tell citizens to stockpile food and water in case of an attack or catastrophe, the Frankfurter Allgemeine Sonntagszeitung newspaper reported on Sunday.

Tokyo protested to Beijing Sunday after Chinese coast guard ships sailed into territorial waters surrounding disputed islands in the East China Sea, Japan said. Four Chinese vessels entered the waters surrounding islets, called the Senkaku in Japan and th

Germany has tightened border controls with southern neighbour Switzerland to choke off a flow of illegal immigrants, Swiss Finance Minister Ueli Maurer said, calling it evidence that Germany has withdrawn its welcome mat for migrants. Germany's interior m

Ten people died Sunday when a boat sank in rough seas off western Indonesia, a navy official said, with a search underway for five others still missing.

South Korea warned Sunday of possible North Korean assassinations and kidnappings in revenge for recent high-profile defections to the South. With tensions also high before a large-scale South Korea-US military exercise starting Monday, the Unification Mi

The rotation to cyclical sectors of the S&P 500 and away from defensive stocks could continue next week if Federal Reserve chair Janet Yellen strikes a tone more welcoming to an interest rate increase later this year.

Mongolia raised its benchmark interest rates by 4.5 percentage points to 15 percent on Thursday, the central bank said, in a bid to stabilise a currency that has been in free-fall.

Inter bank buy/sell rates for the taka against the dollar on Sunday. 78.40-78.40 (previous 78.40-78.40).

Top US investors such as Berkshire Hathaway and Paulson & Co slashed some energy investments in the second quarter amid strong gains in crude and natural gas prices, while also appearing optimistic by maintaining or placing new bets on the sector, regulat

Global investors have cut their cash holdings sharply and added to emerging market and US stocks in August as global growth expectations have rebounded, a Bank of America Merrill Lynch (BAML) survey indicated on Tuesday.

Jana Partners dissolved its share stake in the world's biggest gold exchange-traded fund (ETF) in the second quarter of 2016 as bullion prices rose to two-year highs, US Securities and Exchange Commission filings showed on Monday.

The value of the Syrian pound fell sharply by six percent over the weekend, losing ground to the dollar, the central bank in Damascus said Sunday.The official SANA news agency quoted the bank as saying the pound was trading at 517.40 against the dollar on

South Korea's foreign exchange bank deposits in July rose to their highest in 15 months, central bank data showed on Wednesday, as deposits in dollars increased for trade settlement and investment purposes. Foreign exchange bank deposits stood at $66.23 b

Most Gulf stock markets edged down on Sunday despite strength in some Saudi Arabian petrochemical shares, while Telecom Egypt boosted Egypt's bourse slightly. Brent crude oil closed above $50 a barrel on Thursday and Friday for the first time since July 4

A flood of central bank cash and the prospect of more to come has crushed volatility in the foreign exchange market, prompting investors to seek higher returns in riskier currencies. The drop in market measures of how sharp exchange rate swings will be ha

Chinese banks' net foreign exchange sales surged nearly 150 percent month-on-month in July, the government said on Tuesday, suggesting strong demand for hard currency as the country's yuan weakens.

Desperate to elude roving financial police and fearful of new jail terms for black-market money-changing, Egypt's currency traders are driving with bags of cash to meet clients in discreet locations around the vast capital Cairo.

The New York Stock Exchange (NYSE) sees technology companies driving a revival in new Asian listings and expects double-digit IPOs through the end of 2017 from the region, the exchange's global head of capital markets said in an interview. New listings sh

Budget airline AirAsia India said on Wednesday that it planned to gradually expand its fleet and network in India as it seeks to boost its small share of a fast expanding domestic market. The airline, a tie-up between Malaysian carrier AirAsia Bhd and Ind

Thai Airways International Plc cut its losses for the second quarter, helped by a decline in fuel expenses and gains from an ongoing restructuring programme at the flag carrier.

China Unicom Hong Kong Ltd's first-half net profit plunged 80 percent to a 16-year low, as China's second-largest telecom service provider racked up heavy expenses to market its fourth-generation (4G) network.

DP World, one of the world's largest port operators, is delaying the expansion of Dubai's Jebel Ali port, its main facility, because of "softer market conditions", the company said on Thursday.

Private equity firm Carlyle Group LP will focus its Asia real estate investments on logistics and office projects in China, optimistic that the country's e-commerce boom will drive growth in those sectors despite a slowing economy.

Private equity firm Carlyle Group LP will focus its Asia real estate investments on logistics and office projects in China, optimistic that the country's e-commerce boom will drive growth in those sectors despite a slowing economy.

Australian and New Zealand Banking Group is reviewing its retail operations in Asia as it continues to "reshape" its institutional products and services in a bid to slash costs and boost returns, a senior executive told Reuters in an interview. Australia'

Hong Kong flag carrier Cathay Pacific said on Wednesday its first-half profit dropped 82 percent from a year earlier, with the company hit by an economic slowdown in China and increasing competition from its peers.

Hong Kong flag carrier Cathay Pacific said on Wednesday its first-half profit dropped 82 percent from a year earlier, with the company hit by an economic slowdown in China and increasing competition from its peers.

UBS Chief Executive Sergio Ermotti picks his words carefully. So it was no slip of the tongue last month when he urged his peers in the traditionally cut-throat banking industry to work together to lower costs.

Knock, knock, Google's video chatting app has arrived. The app, dubbed Duo, represents Google's response to other popular video calling options, including Apple's FaceTime, Microsoft's Skype and Facebook's Messenger app.

GreenPal CEO Bryan Clayton came to realise he had to scrap his company's $90,000 website. The business aims to link homeowners with lawn care companies, but its software wasn't equipped to easily handle requests from mobile users, and 85 percent of visito

Today at the California Academy of Sciences, Honor, a global smartphone brand targeted towards millennial consumers, launched the new Honor 8, Honor's flagship smartphone for young mobile natives in search of the extraordinary. In addition, Brooklyn Beckh

Increased mobile and internet banking helped Co-operative Bank of Kenya increase its pretax profit in the fist half of 2016 by 19 percent to 10.45 billion shillings ($103.08 million), the lender said on Wednesday.

The European Union will in September propose subjecting internet services like WhatsApp and Skype to similar rules as traditional telecommunications companies, a spokesman said Wednesday.

Chinese Internet giant Tencent said Wednesday its profits jumped by 47 percent in the second quarter, buoyed by new users of its popular messaging service WeChat, gaming and digital content. Net profit for the three months to June rose to 10.74 billion yu

Anyone with internet access and a passion for seafood will soon be able to track commercial fishing trawlers all over the world, with a new tool that its developers hope will help end the overfishing that has decimated the world's fish stocks.

China leads the world in connecting everyday devices to the internet, but is creating huge hacking vulnerabilities for itself and others by doing so, renegade American software pioneer John McAfee warned Tuesday.

Netflix and Enseo signed an agreement expanding Enseo's rights to now distribute the Netflix application on select Enseo devices to any hotel under a specific contract with Enseo in any country where the Netflix service is available.

Pinterest on Wednesday introduced video ads as it moved to cash in on a growing appetite for videos at the popular online bulletin board.

A huge catalog of human DNA is helping researchers find tiny glitches that cause disease, in part by pointing out some false leads.

Scientists unveiled findings on Monday that could lead to a single treatment for a trio of deadly maladies found mostly in the world's poorest countries. Collectively, these so-called "neglected tropical diseases" affect tens of millions of people and cla

China is facing an epidemic of heart disease brought on by a shift toward the Western lifestyle, and researchers said on Monday the trend shows no sign of slowing down.

UN agencies warned on Thursday that southern African countries were at risk of another year of food shortages as the drought-hit region is expected to be hit by above-average rainfall likely to trigger floods.

Research using lab mice has shown for the first time that infection with the mosquito-borne Zika virus may damage adult brain cells, not just developing fetuses, said a study on Thursday.

For asthma sufferer Mohan Lal, regular visits to the Indian capital's hospitals were a nightmare of waiting in endless queues in sweltering corridors that swarm with mosquitoes. But a spotless and air-conditioned clinic boasting innovative diagnostic tech

China Vanke Co, the residential property developer at the centre of a high-profile power struggle, said on Sunday its business operations have suffered as a resuult of the battle for control. While net profits at Vanke, China's biggest home builder, rose