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Print - 2016-09-23
Nepal landslide kills four including Spanish trekker

Nepal landslide kills four including Spanish trekker

A Spanish trekker and three Nepali guides were killed and six others injured Thursday when a landslide hit their route in western Nepal, an official said. An overnight downpour sent mud and stones hurtling down the slopes along the popular Manaslu route i
Published 23 Sep, 2016 12:00am
German lawmakers ratify Paris climate accord

German lawmakers ratify Paris climate accord

Germany's lower of house of parliament on Thursday ratified the Paris agreement on climate change, following in the footsteps of 60 other countries that have committed to the landmark agreement designed to stem the planet's rising temperatures. Lawmakers
Published 23 Sep, 2016 12:00am
Aleppo set ablaze ahead of fresh diplomatic efforts

Aleppo set ablaze ahead of fresh diplomatic efforts

Huge blazes erupted in Syria's Aleppo as the city was rocked by fighting and air strikes Thursday, ahead of last-ditch efforts by world powers to salvage a failed ceasefire. Key players in the Syrian peace process were to meet in New York later Thursday,
Published 23 Sep, 2016 12:00am
US Consul General pays homage to Quaid-e-Azam

US Consul General pays homage to Quaid-e-Azam

US Consul General in Karachi Grace Shelton visited the mausoleum of Quaid-e-Azam Muhammad Ali Jinnah and paid her respects to the founder of Pakistan. Consul General Grace laid a floral wreath at the mausoleum and signed the guestbook on behalf of the US
Published 23 Sep, 2016 12:00am
KP Governor for promotion of research-based education

KP Governor for promotion of research-based education

KP Governor Iqbal Zafar Jhagra has said that research based education should be promoted for effective education system. He stated this during a meeting with the Vice Chancellor of Gomal University D.I Khan, Professor Dr Muhammad Sarwar here at Governor H
Published 23 Sep, 2016 12:00am
Urban areas: Loadshedding will be reduced from June: Dar

Urban areas: Loadshedding will be reduced from June: Dar

Finance Minister Ishaq Dar said Thursday loadshedding to the urban areas will be reduced from June next fiscal year to three hours and in rural areas to four hours. Addressing a function of Young Doctors Association at PIMS, he said the government was wor
Published 23 Sep, 2016 12:00am
Number of 3G and 4G users reaches 32.7 million: PTA

Number of 3G and 4G users reaches 32.7 million: PTA

The number of 3G and 4G users in Pakistan has reached to 32.7 million by end of August, revealed latest figures issued by the Pakistan Telecommunication Authority (PTA) on Thursday. Mobilink tops the list with 10.41 million 3G users followed by Telenor wi
Published 23 Sep, 2016 12:00am
Reduction in price of urea fertilizer: Ministry to seek ECC's approval

Reduction in price of urea fertilizer: Ministry to seek ECC's approval

Ministry of Industries and Production has decided to seek approval of the Economic Coordination Committee (ECC) of the Cabinet for further reduction in price of urea fertilizer to off load 1.5 million tons stock. Senior Joint Secretary Arif Ibrahim inform
Published 23 Sep, 2016 12:00am
Three-day anti-polio campaign from September 26

Three-day anti-polio campaign from September 26

A province-wide three-day anti-polio campaign will start on September 26 to immunize more than 5.6 million children under the age of five. Coordinator EOC Akbar Khan said this while chairing a high level meeting here at Emergency Operations Center to revi
Published 23 Sep, 2016 12:00am
Around 2,000 Afghan families repatriated via Torkham

Around 2,000 Afghan families repatriated via Torkham

Around, 2000 Afghan families repatriated to their country, Afghanistan via Torkham border on Thursday. The United Nation High Commission for Refugees (UNHCR) official in Torkham office said that 500 registered and 1500 un-registered families residing in d
Published 23 Sep, 2016 12:00am
FBR issues Inland Revenue Welfare Fund Rules 2016

FBR issues Inland Revenue Welfare Fund Rules 2016

The Federal Board of Revenue (FBR) has established a Central Inland Revenue Welfare Fund for IR employees, which can be utilized for personal loans, renovations and repairs of Government residences, purchase/repair of vehicles, subsidy/financial assistanc
Published 23 Sep, 2016 12:00am
DHQ hospitals: Punjab government to establish dental units

DHQ hospitals: Punjab government to establish dental units

Advisor to Chief Minister Punjab on Health, Khawaja Salman Rafiq has said that dental health units are being established in all the DHQ hospitals during the current financial year while revamping of all DHQ hospitals is being carried out at a cost of Rs 5
Published 23 Sep, 2016 12:00am
Saarc VP stresses need for more R&D in agriculture sector

Saarc VP stresses need for more R&D in agriculture sector

Saarc Chamber of Commerce and Industry Vice President Iftikhar Ali Malik has stressed the need for paying attention on research and development in agricultural sector to introduce new varieties having more yield potential and resistance against diseases.
Published 23 Sep, 2016 12:00am
'No immediate threat to Indo-Pak trade ties'
Cotton

'No immediate threat to Indo-Pak trade ties'

There is no immediate threat to the Indo-Pak trade ties after growing tensions in the wake of attack on Uri military camp in the Indian-held Kashmir, reliable sources from industrial and customs clearing agents' circles revealed on Thursday. "Generally, t
Published 23 Sep, 2016 12:00am
LG launches unique customer-friendly service

LG launches unique customer-friendly service

LG Electronics (LG), the global leader and technology innovator has launched a unique customer-friendly service programme in Pakistan to provide technical assistance across LG products to its customers. The service will be routed through LG's authorized s
Published 23 Sep, 2016 12:00am
DG seeks report on Wildlife department's checkposts

DG seeks report on Wildlife department's checkposts

The Punjab Wildlife & Parks Department has directed all the regional and district wildlife officers to submit a detailed report about effectiveness and location of all the check posts set up in their respective areas to check illegal hunting. Wildlife & P
Published 23 Sep, 2016 12:00am
Turkish CG, Shahbaz discuss promotion of ties

Turkish CG, Shahbaz discuss promotion of ties

First Consul General of Turkey appointed in Lahore Serdar Deniz met Punjab Chief Minister Shahbaz Sharif, here on Thursday. Matters of mutual interest and promotion of Pak-Turk relations came under discussion during the meeting. The Chief Minister congrat
Published 23 Sep, 2016 12:00am
PSO teams up with Afzaal Memorial Thalassemia Foundation

PSO teams up with Afzaal Memorial Thalassemia Foundation

The country's flagship OMC, Pakistan State Oil has teamed up with Afzaal Memorial Thalassemia Foundation (AMTF) in its fight against Thalassemia. An awareness session in this regard was organised at the PSO House where participants were briefed about the
Published 23 Sep, 2016 12:00am
LCCI launches directory of iron & steel

LCCI launches directory of iron & steel

Lahore Chamber of Commerce and Industry has launched its directory of iron and steel which is one of the LCCI's initiatives to promote the business activities. The data of over 700 companies has been divided into various categories of manufacturers, expor
Published 23 Sep, 2016 12:00am
Korean team calls on UAF vice chancellor

Korean team calls on UAF vice chancellor

A Korean delegation visited University of Agriculture Faisalabad (UAF) and called on UAF Vice Chancellor Professor Dr Iqrar Ahmad Khan at his chamber and discussed the collaborative work in dairy sector. The delegation comprises Dr Ha Hyunjae from Korea C
Published 23 Sep, 2016 12:00am
Five POs among 20 suspects held in Charsadda

Five POs among 20 suspects held in Charsadda

Police during anti terror raids arrested at least 20 suspects including five proclaimed offenders (POs) in Charsadda, says senior police officer on Thursday. Addressing a press conference, SHO city Imran Khan said that police conducted search and strike o
Published 23 Sep, 2016 12:00am
Wapda chief visits two mega hydropower projects

Wapda chief visits two mega hydropower projects

Water and Power Development Authority (Wapda) Chairman Lieutenant General Muzammil Hussain (Retd) on Thursday visited Diamer Bhasha Dam and Dasu Hydropower Project and termed them of vital importance to meet the increasing requirement of water and electri
Published 23 Sep, 2016 12:00am
President PMDC elected as Member of IAMRA body

President PMDC elected as Member of IAMRA body

Professor Dr Shabbir Lehri, President Pakistan Medical and Dental Council has been elected as member at large for Management Committee of IAMRA in the 12th International Conference of International Association of Medical Regulatory Authorities (IAMRA) hel
Published 23 Sep, 2016 12:00am
Ireland, Bulgaria to strengthen ties with Pakistan

Ireland, Bulgaria to strengthen ties with Pakistan

Ireland and Bulgaria have decided to expand channels of communications and consultations with Pakistan to further strengthen existing cordial relations and promote mutual understanding on regional and international issues. This was decided in separate mee
Published 23 Sep, 2016 12:00am
Kashmir issue: Pakistani diplomat rejects Indian allegations

Kashmir issue: Pakistani diplomat rejects Indian allegations

A senior Pakistani diplomat has rejected a claim by an Indian delegate that Pakistan was promoting terrorism in occupied Kashmir and elsewhere, saying the Kashmiri people's uprising "was spontaneous and indigenous". Indian delegate, Eenam Gambhir, made th
Published 23 Sep, 2016 12:00am
There will be 2000 megawatt surplus power by 2018: top official

There will be 2000 megawatt surplus power by 2018: top official

The government on Thursday reiterated that Pakistan will be loadshedding free by mid 2018 with projected surplus generation of around 2000 MW electricity as compared to actual demand. Secretary Water and Power, Younus Dagha, who has been given this task b
Published 23 Sep, 2016 12:00am
Khattak for completion of solarization of tube-well programme

Khattak for completion of solarization of tube-well programme

KP Chief Minister Pervez Khattak has directed the concerned authorities to ensure completion of the solarization of tube well programme in accordance with the international standards with main focus on transparency and quality. He expressed these views wh
Published 23 Sep, 2016 12:00am
Workers in Saudi Arabia: Wafaqi Mohtasib seeks redressal of complains

Workers in Saudi Arabia: Wafaqi Mohtasib seeks redressal of complains

The Wafaqi Mohtasib has directed Ministries of Foreign Affairs and Overseas Pakistanis and Human Resource Development and Overseas Pakistanis Foundation to device joint mechanism for timely resolution of redressal of complains regarding non-payment of due
Published 23 Sep, 2016 12:00am
Sartaj meets FMs of Japan, Austria, Switzerland

Sartaj meets FMs of Japan, Austria, Switzerland

Adviser Sartaj Aziz meets the Foreign Ministers of Japan, Austria and Switzerland on the sidelines of 71st session of the United Nations General Assembly, in New York. Japan, Austria and Switzerland have underscored commitment to further strengthen existi
Published 23 Sep, 2016 12:00am
NAB identifies 1200 illegal appointments in WWB KP, Senate body told

NAB identifies 1200 illegal appointments in WWB KP, Senate body told

National Accountability Bureau (NAB) has identified 1200 out of 2400 appointments in Khyber Pakhtunkhwa Worker Welfare Board (WWB) as illegal on the basis of fake degrees, overage and other irregularities. This was revealed in the Senate Standing Committe
Published 23 Sep, 2016 12:00am
Energy sector: Sindh chief minister invites Saudi investment

Energy sector: Sindh chief minister invites Saudi investment

Sindh Chief Minister Syed Murad Ali Shah on Thursday said that there is a vast potential of investment in energy sector and invited Saudi investors to grab the opportunity under any mode which include Built Operate and Transfer (BOT) or Public Private Par
Published 23 Sep, 2016 12:00am
'Karachi needs more funds to overcome major municipal challenges'

'Karachi needs more funds to overcome major municipal challenges'

Deputy Mayor Karachi Dr Arshad Vohra said on Wednesday that funds-starved local bodies of Karachi have to confront major challenges of overpopulation, traffic mismanagement, garbage collection and transportation. "Karachi has fallen victim to financial in
Published 23 Sep, 2016 12:00am
Former BISE chairman shifted to hospital

Former BISE chairman shifted to hospital

The former Chairman Board of Secondary Education Karachi, Professor Anwar Zai, who was arrested by the National Accountability Bureau (NAB) in a corruption case suffered a cardiac problem and was shifted to the hospital on Thursday. A NAB source informed
Published 23 Sep, 2016 12:00am
Dewan Cement approves raising of further Authorized Capital

Dewan Cement approves raising of further Authorized Capital

The Board of Directors of Dewan Cement Limited has approved raising of further Authorized Capital of the company from Rs 5 billion to Rs 7.5 billion and to effectuate consequent alterations in the Memorandum and Articles of Association of the company. The
Published 23 Sep, 2016 12:00am
Balochistan Wheels posts Rs 153.272 million PAT

Balochistan Wheels posts Rs 153.272 million PAT

The profit after tax of Balochistan Wheels Limited has increased to Rs 153.272 million in the year ended June 30, 2016 as compared to Rs 95.936 million earned in previous year. The company's earning per share surged to Rs 11.49 against Rs 7.19. The Board
Published 23 Sep, 2016 12:00am
Balochistan Wheels posts Rs 153.272 million PAT

Balochistan Wheels posts Rs 153.272 million PAT

The profit after tax of Balochistan Wheels Limited has increased to Rs 153.272 million in the year ended June 30, 2016 as compared to Rs 95.936 million earned in previous year. The company's earning per share surged to Rs 11.49 against Rs 7.19. The Board
Published 23 Sep, 2016 12:00am
R&D projects needed in field of agriculture: KATI president

R&D projects needed in field of agriculture: KATI president

President Korangi Association of Trade and Industry (KATI) Zahid Saeed has said that research and development (R&D) projects are needed in the field of agriculture because increasing import of food items in an agricultural country such as Pakistan is a ma
Published 23 Sep, 2016 12:00am
Sindh Assembly passes bill to reinstate sacked government employees

Sindh Assembly passes bill to reinstate sacked government employees

Despite opposition, the treasury members in Sindh Assembly on Thursday voted a bill into law to reinstate the retrenched government employees with all perks and benefits and retrospective effect, during the Sindh Assembly session on Thursday. With the pas
Published 23 Sep, 2016 12:00am
Danish envoy calls on Bilawal

Danish envoy calls on Bilawal

Ambassador of Denmark, Jesper Moller Sorensen called on Chairman Pakistan People's Party(PPP) Bilawal Bhutto Zardari at Bilawal House here on Thursday. The Chairman and the Ambassador discussed matters of mutual interests and Denmark's cooperation in ener
Published 23 Sep, 2016 12:00am
Shoaib Mir appointed as SLIC chairman

Shoaib Mir appointed as SLIC chairman

Shoaib Mir appointed as Chairman State Life Insurance Corporation of Pakistan. According to notification no. PF(422)E-5(PAS) of the Establishment Division, Cabinet Secretariat, Government of Pakistan, Islamabad senior officer of PS-21 Shoaib Mir, Addition
Published 23 Sep, 2016 12:00am
Bomb recovered in Khuzdar

Bomb recovered in Khuzdar

The Frontier Corps (FC) foiled a terror bid and recovered a bomb planted by roadside here on Thursday. Spokesman of FC said that paramilitary troops over report of suspicious material reached the scene and recovered bomb planted by roadside at National Hi
Published 23 Sep, 2016 12:00am
Road dualization: PAC questions Rs 5.9 billion allocation to NLC

Road dualization: PAC questions Rs 5.9 billion allocation to NLC

The Public Accounts Committee (PAC) on Thursday questioned the allocation of Rs 5.9 billion to the National Logistic Cell (NLC) for dualization of a road against a Memorandum of Understanding (MOU) on simple paper. Convener Sardar Ashiq Gopang chaired the
Published 23 Sep, 2016 12:00am
Activists of APHC stage protest demonstration

Activists of APHC stage protest demonstration

Activists of the All Parties Hurriyat Conference (APHC) Thursday staged a protest demonstration against Indian brutalities and blatant human rights violations in held Kashmir. APHC activists were holding placards and banners inscribed with slogans like "I
Published 23 Sep, 2016 12:00am
Light rain turns weather pleasant

Light rain turns weather pleasant

Rain - thunderstorm at isolated places in upper Punjab D.I Khan division, upper FATA and Gilgit Baltistan dropped mercury up to 5 degrees Celsius and turned weather pleasant after a rather long spell of dry and hot weather in later part of September 2016
Published 23 Sep, 2016 12:00am
India staged attack on Uri camp: AJK PM

India staged attack on Uri camp: AJK PM

Azad Jammu & Kashmir Prime Minister, Raja Muhammad Farooq Haider said that India herself staged an attack on its army headquarters in Uri to divert world's attention away from its atrocities in Kashmir. The prime minister was addressing the members of Lah
Published 23 Sep, 2016 12:00am
Senate body for upgradation of HEC

Senate body for upgradation of HEC

Senate Standing Committee on Industries and Production on Thursday recommended withdrawal of Heavy Electrical Complex (HEC) from privatisation list and upgradation of the plant to meet the demand of energy projects under the China-Pakistan Economic Corrid
Published 23 Sep, 2016 12:00am
Punjab government, World Bank sign agreement

Punjab government, World Bank sign agreement

Punjab government and World Bank have signed an agreement of cooperation regarding development of agriculture, stability of agri economy and best usage of water resources. Punjab Chief Minister Muhammad Shahbaz Sharif was the chief guest of the ceremony h
Published 23 Sep, 2016 12:00am
David Miliband calls on Prime Minister

David Miliband calls on Prime Minister

Former British Secretary of State for Foreign and Commonwealth Affairs David Miliband Thursday called on Prime Minister Muhammad Nawaz Sharif here. Matters of global and regional significance were discussed during the meeting, said a PM House statement.
Published 23 Sep, 2016 12:00am
'Putting Pakistan Right' launched

'Putting Pakistan Right' launched

"Putting Pakistan Right" - a book authored by Moazzam Husain - was launched at Karachi Gymkhana, here on Thursday. The author presented his perspectives on the war on terror, energy shortages, transit corridors and other issues the country faces in urban
Published 23 Sep, 2016 12:00am
ECP bars 35 parties from contesting elections on party symbols

ECP bars 35 parties from contesting elections on party symbols

The Election Commission of Pakistan (ECP) has immediately barred 35 political parties from contesting elections on their symbols owing to their failure to submit their annual accounts or conducting intra party elections as per law. According to a notifica
Published 23 Sep, 2016 12:00am
Resignation demand: MQM Pakistan to discuss MQM London's directive today

Resignation demand: MQM Pakistan to discuss MQM London's directive today

Leadership of Muttahida Qaumi Movement Pakistan has convened a meeting of all its parliamentarians - national, provincial and Senate - on Friday (today) in Karachi subsequent to the statement by Convener MQM London, Nadeem Nusrat, directing all MQM parlia
Published 23 Sep, 2016 12:00am
WWF-Pakistan, SSGC join hands to provide alternative energy

WWF-Pakistan, SSGC join hands to provide alternative energy

"Biogas energy has multiple benefits. It is not only the source of clean energy but reduces health hazards for women." This was stated by speakers during an inauguration ceremony of biogas units held at Keenjhar Lake, Thatta. WWF-Pakistan in collaboration
Published 23 Sep, 2016 12:00am
TCKP arranges three-day tour for special persons

TCKP arranges three-day tour for special persons

Friends of Paraplegics in collaboration with Tourism Corporation Khyber Pakhtunkhwa has arranged a three-day trips for disabled persons, especially wheelchairs users, to tourists' attraction destinations in upper parts of the KPK. The announcement was mad
Published 23 Sep, 2016 12:00am
Ban on Shisha cafes: SC orders secretaries to appear in person

Ban on Shisha cafes: SC orders secretaries to appear in person

Failing to implement court directives to ban Shisha cafes and import of shisha ingredients, the Supreme Court on Thursday ordered two federal secretaries, Health Ministry and Commerce Ministry to appear in person in the matter. Resuming the hearing of a s
Published 23 Sep, 2016 12:00am
Government seems to be non-serious about climate challenge: LHC CJ

Government seems to be non-serious about climate challenge: LHC CJ

The Lahore High Court chief justice on Thursday expressed serious dismay over casual approach of the federal and provincial governments towards impact of climate change and water conservation. The chief justice directed the governments to submit details o
Published 23 Sep, 2016 12:00am
Forex reserves down by $160 million in last week

Forex reserves down by $160 million in last week

Pakistan's total liquid foreign reserves witnessed a decrease of $160 million during the last week as compared to the previous stats on September 9, mainly due to external debt payment. According to State Bank of Pakistan's weekly foreign exchange reserve
Published 23 Sep, 2016 12:00am
'All facilities being provided to schools, colleges'

'All facilities being provided to schools, colleges'

Minister of State for Capital Administration and Development Division (CADD) Dr Tariq Fazal Chaudhry said on Thursday that all necessary facilities are being provided to schools and colleges of rural areas of Islamabad to increase access to education for
Published 23 Sep, 2016 12:00am
Panama Leaks: peacefull protest beauty of democracy: JI Chief

Panama Leaks: peacefull protest beauty of democracy: JI Chief

Jamaat-e-Islami Chief, Senator Sirajul Haq said that if the government constituted a commission for Panama leaks probe and was prepared for accountability, doors were open for dialogue otherwise the responsibility for public protests would lie with the go
Published 23 Sep, 2016 12:00am
People want prosperity not sit-ins: Shahbaz

People want prosperity not sit-ins: Shahbaz

Punjab Chief Minister, Muhammad Shahbaz Sharif has stated that conscious people of Pakistan were fed up with anti-development style of politics and wanted progress and prosperity and not sit-ins or march. He said this while meeting federal legislator Raza
Published 23 Sep, 2016 12:00am
Raiwind march: full bench to hear petition

Raiwind march: full bench to hear petition

The Lahore High Court chief justice on Thursday constituted a full bench for the disposal of a petition seeking directions to stop Pakistan Tehreek-e-Insaf (PTI) head Imran Khan from leading procession to the residence of Prime Minister Nawaz Sharif. The
Published 23 Sep, 2016 12:00am
Victims of Lyari's Jhat Pat Market blast get compensation cheques

Victims of Lyari's Jhat Pat Market blast get compensation cheques

Sindh Minister for Livestock and Fisheries Muhammad Ali Malkani alongwith Lyari MPAs Javaid Nagori and Ms Sania Naz distributed 48 compensation cheques among victims of Jhat Pat Market Lyari blast at Commissioner Office here. Chairman DMC South Malik Fayy
Published 23 Sep, 2016 12:00am
Unfair valuation hurting exports of kinnow, potato to Russia

Unfair valuation hurting exports of kinnow, potato to Russia

Unfair valuation of Pakistani kinnow and potato by the Russian Customs' authorities is hurting exports of these two items. Exporters told Business recorder on Thursday that fair export Cost and Freight (C&F) value of Pakistani Kinnow is 75 cents per kilog
Published 23 Sep, 2016 12:00am
Shanghai copper, nickel up

Shanghai copper, nickel up

On the ShFE, nickel rallied 1.5 percent, while copper climbed 0.9 percent to 37,650 yuan ($5,646) a tonne. Shanghai tin and aluminium rallied about 1.5 percent on Thursday. China imported 44.6 percent more refined nickel in August that the year before at
Published 23 Sep, 2016 12:00am
Copper hits six-week high, demand outlook caps gains
Currency

Copper hits six-week high, demand outlook caps gains

Copper rallied to a six-week high on Thursday as the dollar slipped after the US central bank left benchmark interest rates unchanged, though gains were limited by worries about slow demand growth. Benchmark copper on the London Metal Exchange ended up 1.
Published 23 Sep, 2016 12:00am
Argentina to harvest at least 15 million tonnes of wheat

Argentina to harvest at least 15 million tonnes of wheat

Argentine farmers are expected to harvest at least 15 million tonnes of wheat in the 2016/17 crop year versus 11.3 million in the previous season, Agriculture Minister Ricardo Buryaile said on Tuesday. Wheat planting in Argentina expanded dramatically whe
Published 23 Sep, 2016 12:00am
Palm oil climbs to five-month high

Palm oil climbs to five-month high

Malaysian palm oil futures recorded a fourth session of gains in five on Thursday, supported by expectations of lower output and better than forecast export demand. Palm also climbed to a five-month high in evening trade on bullish comments from leading a
Published 23 Sep, 2016 12:00am
Sugar retreats from 2012 peak; Arabica coffee off 19-month top

Sugar retreats from 2012 peak; Arabica coffee off 19-month top

Raw sugar futures on ICE turned lower in a late-day selling spree after vaulting 5 percent to the highest in more than four years on Thursday, initially buoyed by a weaker dollar and supply concerns in top grower Brazil. Coffee futures rallied to 19-month
Published 23 Sep, 2016 12:00am
Gold climbs in New York

Gold climbs in New York

Gold prices rose to 1-1/2-week highs on Wednesday, extending gains after the US Federal Reserve held interest rates unchanged but sent a strong signal for monetary policy tightening before the end of 2016. "The case for an increase in the federal funds ra
Published 23 Sep, 2016 12:00am
Gold down in Asia

Gold down in Asia

Gold prices fell on Thursday as investors booked profits after a more than 1.5 percent rise in the previous session, opting for riskier assets like equities as the US Federal Reserve stood pat on interest rates. The US central bank, however, strongly sign
Published 23 Sep, 2016 12:00am
Gold rises in Europe

Gold rises in Europe

Gold hit a two-week high on Thursday after the US Federal Reserve's decision to keep interest rates on hold sent the dollar to its lowest level since the start of last week. Bullion gained on Wednesday after the Fed stayed pat on rates but indications it
Published 23 Sep, 2016 12:00am
US MIDDAY: corn drops, soyabeans up

US MIDDAY: corn drops, soyabeans up

Chicago Board of Trade corn futures sagged 1.3 percent on Thursday on a round of fund selling as the pace of harvest quickened around the US Midwest and cash markets weakened, traders said. Wheat futures also fell, following corn lower, while soyabeans fi
Published 23 Sep, 2016 12:00am
US MIDDAY: gold soars

US MIDDAY: gold soars

Gold rose to a two-week high early on Thursday after the US Federal Reserve's decision to keep interest rates on hold sent the dollar to its lowest level since the start of last week. Bullion rallied 1.7 percent on Wednesday after the Fed stayed pat on ra
Published 23 Sep, 2016 12:00am
PM's speech

PM's speech

In his speech at the United Nations General Assembly, the prime minister has effectively made it clear to the entire world that India is an obstacle to peace in the region. That prime minister has pleaded the Kashmiris' case in an effective and meaningful
Published 23 Sep, 2016 12:00am
Corporate turnaround

Corporate turnaround

Before corporate turnaround, there has to be a corporate failure. In Pakistan corporate failures abound. Every sector has a fair share of failure. In 1987 I was attending an advanced management program at a prestigious American university. One of the them
Published 23 Sep, 2016 12:00am
Effective integration of command

Effective integration of command

India's hybrid war against Pakistan, force-multiplies the reach of its smart power with a judicious mix of hard and soft power. To quote the FT, "The war of the future will not necessarily be declared but will oversee a sliding scale of aggression and vio
Published 23 Sep, 2016 12:00am
Corruption and crippling system

Corruption and crippling system

We all know that National Accountability Bureau (NAB) played an active role in securing secure "political allegiance" for General Musharraf from a number of politicians of opponent political parties, notably PPP and PML (Nawaz) after 2002 general election
Published 23 Sep, 2016 12:00am
PM at UN General Assembly

PM at UN General Assembly

Pakistan's stand on Kashmir and its nuclear programme are the two issues that invite many a question, not necessarily inquisitorial, at various international forums, the much wanted answers to which Prime Minister Nawaz Sharif provided on Wednesday. I
Published 23 Sep, 2016 12:00am
Soliciting foreign investment

Soliciting foreign investment

Finance Minister Ishaq Dar may sometime be overconfident or indulge in self-praise but always accords high priority to the interests of the country. In his latest visit to France, he did not go for shopping or sight-seeing but preferred to woo French inve
Published 23 Sep, 2016 12:00am
Cotton surges, profit-booking limits gains
Cotton

Cotton surges, profit-booking limits gains

Cotton futures edged higher on Thursday to a six-week high, supported by a weaker dollar and strong exports sales data, but gains were capped as traders cashed in on this week's rally. The second month December contract on ICE Futures was on track for the
Published 23 Sep, 2016 12:00am
Oil rises more on US crude draw, pares gains on Opec doubt

Oil rises more on US crude draw, pares gains on Opec doubt

Oil prices rallied again on Thursday, boosted for a second day by US government data that showed a surprising crude inventory drop, but crude futures pared gains as traders worried that Opec was not nearing an agreement to reduce a global glut. Oil prices
Published 23 Sep, 2016 12:00am
Egypt migrant shipwreck death toll rises to 55

Egypt migrant shipwreck death toll rises to 55

Rescuers brought more bodies ashore Thursday after a boat crowded with migrants capsized off the Egyptian coast, leaving at least 55 people dead and dozens missing. Survivors said up to 450 migrants had been aboard the fishing vessel when it sank on Wedne
Published 23 Sep, 2016 12:00am
Egypt migrant shipwreck death toll rises to 55

Egypt migrant shipwreck death toll rises to 55

Rescuers brought more bodies ashore Thursday after a boat crowded with migrants capsized off the Egyptian coast, leaving at least 55 people dead and dozens missing. Survivors said up to 450 migrants had been aboard the fishing vessel when it sank on Wedne
Published 23 Sep, 2016 12:00am
'19 dead' in clashes with IS in Libya's Sirte

'19 dead' in clashes with IS in Libya's Sirte

Ten jihadists and nine pro-government fighters died in clashes Thursday around the last positions of the Islamic State group in the Libyan coastal city of Sirte, medical and military sources said. "Our forces are advancing on the last holdouts of Daesh" i
Published 23 Sep, 2016 12:00am
'19 dead' in clashes with IS in Libya's Sirte

'19 dead' in clashes with IS in Libya's Sirte

Ten jihadists and nine pro-government fighters died in clashes Thursday around the last positions of the Islamic State group in the Libyan coastal city of Sirte, medical and military sources said. "Our forces are advancing on the last holdouts of Daesh" i
Published 23 Sep, 2016 12:00am
Yahoo hack hit 500 million users, likely ''state sponsored''

Yahoo hack hit 500 million users, likely ''state sponsored''

Yahoo said Thursday a massive attack on its network in 2014 accessed data from at least 500 million users and may have been "state sponsored." "Based on the ongoing investigation, Yahoo believes that information associated with at least 500 million user a
Published 23 Sep, 2016 12:00am
Yahoo hack hit 500 million users, likely 'state sponsored'

Yahoo hack hit 500 million users, likely 'state sponsored'

Yahoo said Thursday a massive attack on its network in 2014 accessed data from at least 500 million users and may have been "state sponsored." "Based on the ongoing investigation, Yahoo believes that information associated with at least 500 million user a
Published 23 Sep, 2016 12:00am
The Weather

The Weather

The weather report on Thursday (September 22, 2016) and the forecast for Friday (September 23, 2016).

Published 23 Sep, 2016 12:00am
Yahoo hack hit 500 million users, likely 'state sponsored'

Yahoo hack hit 500 million users, likely 'state sponsored'

Yahoo said Thursday a massive attack on its network in 2014 accessed data from at least 500 million users and may have been "state sponsored." "Based on the ongoing investigation, Yahoo believes that information associated with at least 500 million user a
Published 23 Sep, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (September 22, 2016).

Published 23 Sep, 2016 12:00am
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