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Nov 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-10-12
Australian shares steady; New Zealand up

Australian shares steady; New Zealand up

Australian shares closed steady on Tuesday, paring some early gains after crude prices dipped, but still held near one-year highs on growing expectations of an output cut. The S&P/ASX 200 index finished flat at 0.08 percent or, 4.37 points at 5479.80. An
Published 12 Oct, 2016 12:00am
China stocks hit one-month high

China stocks hit one-month high

China stocks advanced to a one-month high on Tuesday as Beijing's plan to cut massive corporate debt triggered bets on mergers and restructuring among listed state-owned companies. The blue-chip CSI300 index of the largest listed companies in Shanghai and
Published 12 Oct, 2016 12:00am
European shares weighed by weak commodity stocks, luxury stocks rise

European shares weighed by weak commodity stocks, luxury stocks rise

European shares closed slightly lower on Tuesday, weighed down by weaker commodity stocks, while shares of major luxury goods companies rose after strong figures from LVMH. The pan-European STOXX 600 index fell 0.5 percent and is down by around 7 percent
Published 12 Oct, 2016 12:00am
FTSE 100 slips from fresh record high, FTSE 250 outperforms
Currency

FTSE 100 slips from fresh record high, FTSE 250 outperforms

Britain's blue-chip equity index hit an all-time high on Tuesday while the mid-cap index outperformed European peers as sterling came under renewed pressure on currency markets, though a fall in commodity-related stocks weighed. The FTSE 100 index closed
Published 12 Oct, 2016 12:00am
Canadian dollar weakens
Currency

Canadian dollar weakens

The Canadian dollar weakened slightly against its US counterpart on Tuesday as the greenback made broad-based gains and oil prices steadied. Modest losses for the loonie came one day after its biggest rally since June as oil surged and doubts grew over Re
Published 12 Oct, 2016 12:00am
Norway's crown currency stronger than anticipated
Currency

Norway's crown currency stronger than anticipated

Norway's crown currency has strengthened more than expected in recent weeks, deputy central bank Governor Jon Nicolaisen told Reuters on the sidelines of a business conference on Tuesday. Norges Bank held its key policy interest rate unchanged at 0.50 per
Published 12 Oct, 2016 12:00am
China's yuan weakens, speculation of further depreciation grows
Currency

China's yuan weakens, speculation of further depreciation grows

China's yuan slipped further on Tuesday to a fresh six-year low after the central bank set a weaker guidance rate, fueling market expectations that it may allow further depreciation and triggering dollar purchases, traders said. The weakness in the Chines
Published 12 Oct, 2016 12:00am
Early trade in New York: dollar climbs to 11-week peak
Currency

Early trade in New York: dollar climbs to 11-week peak

The dollar hit an 11-week high on Tuesday as investors increased bets that the Federal Reserve would raise interest rates in December following a round of generally solid US economic data over the last few weeks. Sterling continued its downward trek follo
Published 12 Oct, 2016 12:00am
Sri Lankan rupee up
Currency

Sri Lankan rupee up

The Sri Lankan rupee edged up on Tuesday, recovering after three straight sessions of losses on dollar selling by exporters, with moral suasion by the central bank preventing the currency from falling, dealers said. The rupee is, however, expected to face
Published 12 Oct, 2016 12:00am
Dollar up, sterling on the defensive in Asia
Currency

Dollar up, sterling on the defensive in Asia

The dollar firmed on Tuesday, while the beleaguered sterling wallowed near recent lows on lingering fears about the impact on Britain from exiting the European Union and the kiwi tumbled on dovish comments from a New Zealand central bank official. Japanes
Published 12 Oct, 2016 12:00am
Rand to weaken by year-end
Currency

Rand to weaken by year-end

South Africa's rand will erase over half of September's gains against the dollar before 2016 is over as worries linger about a potential end-of-year sovereign credit downgrade to junk status, a Reuters poll found. The rand gained around 6 percent last mon
Published 12 Oct, 2016 12:00am
Egyptian pound steady
Currency

Egyptian pound steady

Egypt's central bank kept the Egyptian pound steady against the dollar at Tuesday's weekly auction of foreign currency, but the pound weakened on the black market as the currency crunch worsened. The central bank sold $118.4 million at the regular dollar
Published 12 Oct, 2016 12:00am
Kiwi, Aussie tumble
Currency

Kiwi, Aussie tumble

The New Zealand dollar skidded to 2-1/2 month lows on Tuesday after the country's central bank bluntly warned that further policy easing would be needed to push inflation higher. The New Zealand dollar fell to $0.7062, its lowest since July 28 and its sec
Published 12 Oct, 2016 12:00am
Worst four days since June pushes sterling to $1.22
Currency

Worst four days since June pushes sterling to $1.22

Sterling shed more then 1 percent to trade as low as $1.22 on Tuesday as senior officials and investors pointed to the potential for more declines in a market still trying to recover from Friday's 10 percent flash crash. The past four days were the pound'
Published 12 Oct, 2016 12:00am
Italians officially abandon Rome bid

Italians officially abandon Rome bid

Italian Olympic Committee president Giovanni Malago put a definitive end Tuesday to Rome's bid to host the 2024 Olympic Games after the city's newly elected mayor refused to support the project. "I wrote to the International Olympic Committee (IOC) today
Published 12 Oct, 2016 12:00am
No apology for England, says Bangladesh's Mortaza

No apology for England, says Bangladesh's Mortaza

Bangladesh captain Mashrafe Mortaza Tuesday refused to apologise to England for his team's celebrations after Jos Buttler's dismissal during Sunday's second one-day international match in Mirpur. The International Cricket Council fined Mortaza and batsman
Published 12 Oct, 2016 12:00am
Buttler bust-up will fire up series decider: Moeen Ali

Buttler bust-up will fire up series decider: Moeen Ali

The on-pitch bust-up between England's Jos Buttler and Bangladeshi fielders during the second one-day international will fire up both teams for the series decider, visiting batsman Moeen Ali said Tuesday. England face Bangladesh in the third and final mat
Published 12 Oct, 2016 12:00am
Smiling Sharapova plays Las Vegas charity event

Smiling Sharapova plays Las Vegas charity event

Maria Sharapova set foot on a tennis court for the first time since her positive drug test at the Australian Open on Monday, smiling throughout an appearance in the World Team Tennis Smash Hits charity event in Las Vegas. The Russian star, who last week e
Published 12 Oct, 2016 12:00am
Kohli receives mace after India tops Test rankings

Kohli receives mace after India tops Test rankings

Skipper Virat Kohli was on Tuesday presented with the ICC Test Championship mace as India were officially crowned the number one side after their 3-0 thrashing of New Zealand. India, who had reclaimed the top spot in the world Test rankings after taking a
Published 12 Oct, 2016 12:00am
Spanish clubs record massive drop in tax debt

Spanish clubs record massive drop in tax debt

Spanish football clubs have slashed their tax debts to around a third of their 650 million euros ($720 million) apex from three years ago, La Liga officials said on Tuesday. First and second division clubs have a cumulative 230-million-euro debt to the Sp
Published 12 Oct, 2016 12:00am
Bravo ready for pink ball challenge

Bravo ready for pink ball challenge

West Indian batsman Darren Bravo vowed to give his best shot on the challenge of facing a newly introduced pink ball in the day-night Test against Pakistan starting in Dubai on Thursday. The 27-year-old left-hander smashed an attractive 91 in the West Ind
Published 12 Oct, 2016 12:00am
American Neben wins second world time-trial title

American Neben wins second world time-trial title

America's Amber Neben won the women's time-trial title in Qatar on Tuesday, the second time she has been crowned world champion at the event. In an exciting and close race she posted a time of 36 mins 37:04, beating Ellen van Dijk of the Netherlands into
Published 12 Oct, 2016 12:00am
Zimbabwe appoint ex-captain Streak as coach

Zimbabwe appoint ex-captain Streak as coach

Former Zimbabwe captain Heath Streak has been appointed national cricket head coach to replace Dav Whatmore who was dismissed in June. "Zimbabwe Cricket has named former captain Heath Streak as the new national head coach," Zimbabwe Cricket (ZC) said in a
Published 12 Oct, 2016 12:00am
Djokovic gives up on Fed Slams record

Djokovic gives up on Fed Slams record

A new-look Novak Djokovic said he had given up on chasing Roger Federer's record 17 Grand Slam titles as he made a winning return to the tennis circuit on Tuesday. Djokovic, the formerly indomitable Serb who has bullied his rivals over the past two season
Published 12 Oct, 2016 12:00am
Greece needs a year to properly shelter migrant children

Greece needs a year to properly shelter migrant children

Greece will need a year to provide adequate shelter for 2,200 unaccompanied migrant children on its soil, even if it has improved its response, the country's migration minister said Tuesday. Yannis Mouzalas said there were now no more than 25 minors held
Published 12 Oct, 2016 12:00am
Jailed Chinese activist wins top rights prize

Jailed Chinese activist wins top rights prize

A jailed Chinese scholar defending the country's mostly-Muslim Uighur minority won a leading human rights honour on Tuesday, a move swiftly condemned by Beijing. Ilham Tohti, serving a life sentence for "separatism", was awarded the Martin Ennals prize fo
Published 12 Oct, 2016 12:00am
Ireland budget aims to 'Brexit-proof' economy

Ireland budget aims to 'Brexit-proof' economy

Ireland's government on Tuesday outlined tax breaks for the tourism and farming sectors in a bid to offset the effects of the British pound's sharp devaluation and the expected impact of Brexit on the economy. In a speech to parliament on Wednesday Financ
Published 12 Oct, 2016 12:00am
Hundreds of troops deployed in Afghan city after attack

Hundreds of troops deployed in Afghan city after attack

Afghanistan has deployed hundreds of commandos backed by Nato air strikes in Lashkar Gah to drive Taliban insurgents from the southern city after the militants killed 14 people in a coordinated attack, officials said Tuesday. The assault Monday marked the
Published 12 Oct, 2016 12:00am
Trump lashes out at 'disloyal' Republicans

Trump lashes out at 'disloyal' Republicans

Embattled White House hopeful Donald Trump lashed out at "disloyal" Republicans in a ranting tweetstorm Tuesday, saying they are to blame if his faltering campaign comes up short. Declaring himself unchained from party strictures, the bombastic real estat
Published 12 Oct, 2016 12:00am
Bulgaria miners stay underground to protest layoffs

Bulgaria miners stay underground to protest layoffs

Some 131 workers at a brown coal mine in southwestern Bulgaria started an underground strike on Tuesday in an attempt to renegotiate the conditions of their planned layoffs, union officials said. The men refused to leave the 400-metre (1,300 feet) deep Ba
Published 12 Oct, 2016 12:00am
Brazil lawmakers approve 20-year public spending cap

Brazil lawmakers approve 20-year public spending cap

Brazil's lower house on Monday approved a proposal to cap public spending increases for 20 years, a key component of new President Michel Temer's economic recovery program. Temer, from the center-right PMDB party, has vowed far-reaching reforms to drag Br
Published 12 Oct, 2016 12:00am
WHO confirms 11 cholera cases in Yemen

WHO confirms 11 cholera cases in Yemen

The World Heath Organization said Tuesday it had confirmed 11 cases of cholera in Yemen's capital Sanaa, after the UN announced an outbreak of the disease last week. "So far, we have 17 suspected cholera cases, and 11 that are confirmed," WHO expert Amro
Published 12 Oct, 2016 12:00am
Turkey says open to Russia offer for air defence system

Turkey says open to Russia offer for air defence system

Turkey is ready to receive an offer from Russia in a long-running multi-billion dollar tender for an air defence system, Turkish media reported on Tuesday. The reports came almost a year after Ankara cancelled a preliminary deal with China amid concerns f
Published 12 Oct, 2016 12:00am
Airbus protests furiously over Poland's handling of chopper deal

Airbus protests furiously over Poland's handling of chopper deal

Airbus on Tuesday angrily lashed out against the Polish government's handling of a failed helicopter deal which has caused diplomatic tensions between Paris and Warsaw. "Never have we been treated by any government customer the way this government has tre
Published 12 Oct, 2016 12:00am
Vintage biplanes prepare journey across Africa

Vintage biplanes prepare journey across Africa

A dozen biplanes from the 1920s and 1930s will fly 8,000 miles from Crete to Cape Town next month in a vintage aviation rally that harks back to the early days of air travel. The pilots will fly along the Nile from Cairo to Khartoum, past the highlands of
Published 12 Oct, 2016 12:00am
Two killed, one injured in Mexico military helicopter crash

Two killed, one injured in Mexico military helicopter crash

Two people were killed and one injured when a military helicopter crashed in Mexico's violent state of Tamaulipas Monday, the latest in a series of such incidents. The chopper was on a reconnaissance flight eight kilometers (five miles) east of the state
Published 12 Oct, 2016 12:00am
Burundi cuts ties with UN rights body after 'genocide' report

Burundi cuts ties with UN rights body after 'genocide' report

Burundi said Tuesday it had suspended co-operation with the UN's main human rights body over its "complicity" in a report accusing Bujumbura of systematic abuses and warning of a risk of genocide. The move came a day after the small central African state
Published 12 Oct, 2016 12:00am
Mali suicide bomber dies in failed attack on Swedish peacekeepers

Mali suicide bomber dies in failed attack on Swedish peacekeepers

A suicide bomber was killed during an attempted attack on Swedish peacekeepers serving with the UN's Mali mission in the central city of Timbuktu, Swedish and UN sources told AFP Tuesday. The UN's MINUSMA mission was deployed to Mali in July 2013, with ar
Published 12 Oct, 2016 12:00am
UK's Johnson urges Syria protests at Russian embassy

UK's Johnson urges Syria protests at Russian embassy

British foreign minister Boris Johnson on Tuesday called for anti-war campaigners to protest outside the Russian embassy in London, during a parliamentary debate on the bombing of Aleppo in Syria. "I'd certainly like to see demonstrations outside the Russ
Published 12 Oct, 2016 12:00am
UN sees no concrete action from South Sudan on regional force

UN sees no concrete action from South Sudan on regional force

South Sudan's government has yet to take concrete steps to allow a UN-mandated regional force to deploy in Juba, UN Secretary-General Ban Ki-moon told the Security Council. In a letter to the council late Monday, Ban said the Juba government still has res
Published 12 Oct, 2016 12:00am
Floods prompt evacuations in North Carolina

Floods prompt evacuations in North Carolina

Residents in central North Carolina were told late Monday to evacuate their homes amid fears that rising floodwaters from Hurricane Matthew could breach a dam, adding to a storm toll of 11 dead. Officials in Moore county ordered a mandatory evacuation ahe
Published 12 Oct, 2016 12:00am
Hurricane-hit Haiti receives two water purification stations

Hurricane-hit Haiti receives two water purification stations

Two water purification stations arrived in Haiti Tuesday, after Hurricane Matthew plowed through the Caribbean nation last week, leaving hundreds dead and raising fears of a spike in cholera. Both stations - which each produce 250,000 liters (66,000 gallo
Published 12 Oct, 2016 12:00am
Russia renews heavy bombing of Aleppo

Russia renews heavy bombing of Aleppo

Regime ally Russia carried out its heaviest strikes in days on Syria's Aleppo Tuesday, as at least five children were killed in rebel fire on a school in the war-torn country's south. The raids killed 16 civilians, a monitor said, and caused massive damag
Published 12 Oct, 2016 12:00am
India launches biggest crackdown in IHK

India launches biggest crackdown in IHK

Anxious to quell anti-India protests in occupied Kashmir, Indian forces are carrying out their most severe crackdown in more than two decades against civilian protesters, arresting more than 8,000 this summer across the disputed Himalayan territory, polic
Published 12 Oct, 2016 12:00am
Baba Farid's Urs concludes today

Baba Farid's Urs concludes today

The 774th Urs of Hazrat Baba Farid Ganj Shakar will end on its third day-today. Visitors from various parts of the country are attending the shrine to gain for spiritual purpose. Some 9 lac people visited the shrine in last four days while four lac people
Published 12 Oct, 2016 12:00am
Genuine buyers steer market activity: Zameen.com

Genuine buyers steer market activity: Zameen.com

After the property tax amendments made to the Income Tax Ordinance 2001, many anticipated a huge dip in property prices and it was speculated that the property market would lose its energy. This prediction did come true to some extent, however, no severe
Published 12 Oct, 2016 12:00am
KP IGP visits command posts, reviews security for Muharram

KP IGP visits command posts, reviews security for Muharram

The Inspector General of Police IGP Khyber Pakhtunkhwa, Nasir Khan Durrani on Tuesday visited police Command Post in Kohati Peshawar and Central Command Post in Nowhere to review security arrangements for Muharram. At both command post and central post th
Published 12 Oct, 2016 12:00am
9th Muharram processions taken out amid tight security

9th Muharram processions taken out amid tight security

Amidst tight security thousands of Azadars (mourners) on Tuesday attended the main 9th Muharram-ul-Haram procession to pay homage to Hazrat Imam Hussain (RA) and his companions for their sacrifice in Karbala. The main Muharram procession was taken out fro
Published 12 Oct, 2016 12:00am
Eight killed in two road accidents

Eight killed in two road accidents

Eight persons including five members of a family were killed and six injured in two road accidents in Dhanote and Khanpur on Tuesday. According to details, five persons of a family were killed and five others were injured when a police van collided with a
Published 12 Oct, 2016 12:00am
Data Sahib Shrine gets holy bath

Data Sahib Shrine gets holy bath

The shrine of Hazrat Data Ganj Bakhsh got holy bath on Tuesday, 9th Muharram ul Haram. Punjab Chief Minister Shahbaz Sharif, Finance Minister Ishaq Dar, PML-N spokesperson Zaeem Qadri and provincial Food Minister Bilal Yaseen were present on the occasion.
Published 12 Oct, 2016 12:00am
India's stand on Kashmir based on falsehood: JI

India's stand on Kashmir based on falsehood: JI

Secretary General Jamaat-e-Islami Liaqat Baloch has said that the Modi government's stance on Kashmir was based on falsehood and hypocrisy and his nefarious designs against the Kashmiris would soon be frustrated with the liberation of Kashmir. He was talk
Published 12 Oct, 2016 12:00am
No forgiveness for brother who killed Qandeel: parents

No forgiveness for brother who killed Qandeel: parents

The father of murdered social media star Qandeel Baloch has vowed no forgiveness for his son, who killed his daughter on the pretext of "honour", after her death cast a global spotlight on the practice. Pakistan last week passed long-awaited legislation a
Published 12 Oct, 2016 12:00am
KP chief minister approves Rs 284 million grant for FEF Colleges

KP chief minister approves Rs 284 million grant for FEF Colleges

KP Chief Minister Pervez Khattak has approved in principle a grant of Rs 284 million for Frontier Education Foundation (FEF) Colleges with the direction to move a summary to this effect forthwith. He was presiding over a meeting of Board of Directors of F
Published 12 Oct, 2016 12:00am
Pakistani envoy deplores Indian hegemonic policies

Pakistani envoy deplores Indian hegemonic policies

Permanent Representative of Pakistan to the United Nations in Geneva, Ambassador Tehmina Janjua on Tuesday said that, "The pursuit of hegemonic policies in South Asia by India and its efforts for military domination are creating instability both at the gl
Published 12 Oct, 2016 12:00am
Livestock department launches duck rearing project

Livestock department launches duck rearing project

The Punjab Livestock and Dairy Development Department (L&DDD) has planned to launch a project titled 'propagation of ducks rearing in Punjab' at an estimated cost of Rs 45 million under which people living near water bodies in the rural areas will be give
Published 12 Oct, 2016 12:00am
During Ashura: 'Domestic Consumers to get uninterrupted power supply'

During Ashura: 'Domestic Consumers to get uninterrupted power supply'

The Ministry of Water and Power has decided to supply uninterrupted power supply to domestic consumers on 9th and 10th of Muharram while suspending supply to the industrial and commercial consumers. Accordingly, an uninterrupted power supply would continu
Published 12 Oct, 2016 12:00am
Ashura processions: police put on high alert in Lahore

Ashura processions: police put on high alert in Lahore

The city police remained on high alert on Tuesday as several mourning processions were taken out and majalis were held in the city on 9th Muharram to pay homage to the sacrifices of Hazrat Imam Hussain and his companions in Karbala. Sources in the police
Published 12 Oct, 2016 12:00am
PLGMEA to establish skill development centre in Sialkot: chief

PLGMEA to establish skill development centre in Sialkot: chief

The newly elected Chairman Pakistan Leather Garments Manufacturers and Exporters Association (PLGMEA) Muhammad Aslam Choudary has said that PLGMEA is formulating a detailed plan for the modernisation and Skill Development programme for the leather industr
Published 12 Oct, 2016 12:00am
LCCI Founders Group for building KBD in shortest possible time

LCCI Founders Group for building KBD in shortest possible time

Founders Group of the Lahore Chamber of Commerce & Industry (LCCI) on Monday said that Kalabagh dam, being inevitable for the country's economic development, should be built within the shortest possible time. Group's Head Ijaz Butt told a gathering of bus
Published 12 Oct, 2016 12:00am
Hike in gas tariff: PML-Q senator moves adjournment motion

Hike in gas tariff: PML-Q senator moves adjournment motion

Pakistan Muslim League-Q (PML-Q) Senator Kamil Ali Agha has moved an adjournment motion in the Senate against increase in gas tariff. In the adjournment motion, it has been stated that about 36 percent increase in gas prices by the federal government was
Published 12 Oct, 2016 12:00am
'Rumours of London plan' baseless: PAT

'Rumours of London plan' baseless: PAT

A spokesman of Pakistan Awami Tehreek (PAT) has said that party chairman Dr Tahirul Qadri has gone to Canada for ten days and will be back in London on October 21. Commenting on different rumours circulating in the media, the spokesman said that PAT is un
Published 12 Oct, 2016 12:00am
Shahbaz inaugurates 'Punjab Safe City Project'

Shahbaz inaugurates 'Punjab Safe City Project'

Punjab Chief Minister Muhammad Shahbaz Sharif inaugurated Punjab Safe City Project, a unique project of its kind in Pakistan and the biggest project in Asia, at Qurban Lines, here Tuesday. After inaugurating Integrated Command, Control and Communication C
Published 12 Oct, 2016 12:00am
Pakistan has highest incidence of breast cancer in Asia

Pakistan has highest incidence of breast cancer in Asia

Pakistan has the highest rate of breast cancer all over Asia due to which every year around 40,000 women die. One out of every nine women in Pakistan faces risk of the disease while the prevalence of this deadly ailment is the highest amongst all types of
Published 12 Oct, 2016 12:00am
UNICEF observes International Day of the Girl Child

UNICEF observes International Day of the Girl Child

UN Women, the United Nations Entity for Gender Equality and the Empowerment of Women, and UNICEF, the United Nations Children's Fund, commemorated the UN International Day of the Girl Child on 8 October with a cricket day for girls. The event took place a
Published 12 Oct, 2016 12:00am
KP government establishes 53 modern veterinary hospitals in three years

KP government establishes 53 modern veterinary hospitals in three years

KP government has established 53 modern veterinary hospitals throughout the province at an estimated cost of Rs 350 million whereas Rs 105.35 million have been spent on the renovation and upgradation of the existing veterinary facilities in the past three
Published 12 Oct, 2016 12:00am
Pashto folk singer Yar Khan Ustad dies

Pashto folk singer Yar Khan Ustad dies

Renowned Pashto folk singer of Bajaur Agency Yar Khan Ustad passed away here the other day. The legendary singer was 82. Local people and family members told that the renowned folk singer- cum musician Yar Khan Ustad had been in serious condition for last
Published 12 Oct, 2016 12:00am
Jhagra for maintaining atmosphere of tolerance on Ashura

Jhagra for maintaining atmosphere of tolerance on Ashura

KP Governor Iqbal Zafar Jhagra has appealed the people to maintain atmosphere of tolerance, patience, brotherhood and respect amongst their ranks at every level. In a message on the eve of Ashura he said, "This sagacious and sacred occasion of the Islamic
Published 12 Oct, 2016 12:00am
Azad Kashmir PM writes letter to UN chief, seeks Yasin's release

Azad Kashmir PM writes letter to UN chief, seeks Yasin's release

Azad Kashmir's Prime Minister Raja Farooq Haider on Tuesday wrote a letter to United Nations (UN) Secretary General Ban Ki-moon for the release of Hurriyet leader Yasin Malik. Yasin was detained by so-called security forces in the valley over two months a
Published 12 Oct, 2016 12:00am
Chitral's promotion: Developing tourism spots top priority: Khattak

Chitral's promotion: Developing tourism spots top priority: Khattak

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has said that Chitral has natural beauty and it is one of the top priorities of the government to develop tourism spots in the province. He said tourism in Chitral valley would be promoted on the pattern of
Published 12 Oct, 2016 12:00am
9th Muharram: processions taken out amid tight security

9th Muharram: processions taken out amid tight security

To remember the sacrifices of Hazrat Imam Hussain (RA) and his companions, 9th Muharram processions were taken out and Majalis-e-Aza held amid tight security across the province on Tuesday. Around 36,000 police personnel and law enforcement agencies haD b
Published 12 Oct, 2016 12:00am
Turkey reaffirms support to Kashmir cause

Turkey reaffirms support to Kashmir cause

Turkey has reaffirmed its traditional and strong support for the cause of the people of Jammu and Kashmir. On the first day of their visit to Turkey on Tuesday, Prime Minister's Special Envoys, Muhammad Pervez Malik and Mohsin Shah Nawaz Ranjha, met a cro
Published 12 Oct, 2016 12:00am
Message of Yom-e-Ashur is resistance to tyranny, oppression: Zardari

Message of Yom-e-Ashur is resistance to tyranny, oppression: Zardari

Co-chairman of the Pakistan People's Party (PPP) and former President Asif Ali Zardari on Tuesday said that, "The underlying message of Yom-e-Ashur is "Resist tyranny, oppression and falsehood at all costs, at all times and under all circumstances". "Ther
Published 12 Oct, 2016 12:00am
HRCP demands removal of journalist's name from ECL

HRCP demands removal of journalist's name from ECL

The Human Rights Commission of Pakistan (HRCP) has demanded that all curbs on journalist Cyril Almeida travelling abroad must be immediately withdrawn and any grievance that the authorities might have against him must be dealt with in accordance with the
Published 12 Oct, 2016 12:00am
NADRA offices in Sindh: PPP urges Nisar to eliminate 'agent mafia'

NADRA offices in Sindh: PPP urges Nisar to eliminate 'agent mafia'

Pakistan People's Party (PPP) leaders Najmi Alam, Nadeem Bhutto, Habibuddin Junadi and Lateef Mughal have asked federal interior minister Chaudhry Nisar Ali Khan to control NADRA officers and staffers for dealing with the people across Sindh province with
Published 12 Oct, 2016 12:00am
UBG vows to field best candidates in FPCCI elections

UBG vows to field best candidates in FPCCI elections

United Business Group (UBG) will field educated, dedicated and best candidates having highest degree of integrity especially youth on merit with consensus in forthcoming annual elections of Federation of Pakistan Chambers Of Commerce and Industry (FPCCI).
Published 12 Oct, 2016 12:00am
Karot hydropower project to become operational by 2020

Karot hydropower project to become operational by 2020

The 720 megawatt Karot Hydropower Project being built from Silk Road Fund initiated by Chinese President, Xi Jinping, would become operational by the year 2020. The construction work on this project has already been started at Karot village of Rawalpindi
Published 12 Oct, 2016 12:00am
Jhang district: 240 mourning processions to be taken out

Jhang district: 240 mourning processions to be taken out

As many as 240 mourning processions and 200 majalis will be held amid strict security arrangements in the district on Yaum-e-Ashur. The main Taazia and Zuljinah procession of the city will be taken out from Imambargah Gohar Shah after Fajr prayers. The pr
Published 12 Oct, 2016 12:00am
People facing difficulties in paying utility bills

People facing difficulties in paying utility bills

Many of the consumers in the metropolis have been facing difficulties in paying their utility bills at the different banks' branches. They said that at times the utility bills are delivered with shorter time for payment or were dispatched in such a way th
Published 12 Oct, 2016 12:00am
Balochistan: Muharram processions to be taken out from 70 places

Balochistan: Muharram processions to be taken out from 70 places

Inspector General of Police Balochistan, Ahsan Mehboob Tuesday said that religious processions pertaining to Muharram-ul-Haram would be taken out in 70 places in different districts of Balochistan including the provincial capital Quetta. He said that tigh
Published 12 Oct, 2016 12:00am
Imam Hussain (RA) rendered supreme sacrifice for Islam: Shahbaz

Imam Hussain (RA) rendered supreme sacrifice for Islam: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif in his message on the eve of Youm-e-Ashur said that Hazrat Imam Husain (RA) rendered supreme sacrifice for the supremacy of Islam. Shahbaz averred that he and his companions proved that those who are committed
Published 12 Oct, 2016 12:00am
Youm-e-Ashur: CM Punjab for measures to ensure security

Youm-e-Ashur: CM Punjab for measures to ensure security

Punjab Chief Minister Muhammad Shehbaz Sharif, after inauguration of Punjab Safe City Project, presided over a high-level meeting at Integrated Command & Control Centre, which reviewed in detail security arrangements for protection of life and property of
Published 12 Oct, 2016 12:00am
Hot, dry weather to prevail in plain areas

Hot, dry weather to prevail in plain areas

The met office Tuesday forecast hot and dry weather to prevail in plain areas of the country during the next 24 hours. An official of met office told that rain-thunderstorm is expected at few places in Malakand, Hazara divisions, Gilgit-Baltistan, Kashmir
Published 12 Oct, 2016 12:00am
Bilawal pays glowing tribute to the Shaheeds of Karbala

Bilawal pays glowing tribute to the Shaheeds of Karbala

Chairman Pakistan Peoples Party Bilawal Bhutto Zardari has paid the glowing tribute to Hazrat Imam Hussain (RA) and other Shaheeds of Karbala, who sacrificed their lives during fighting against the injustice and atrocities and exalted the humanity and hon
Published 12 Oct, 2016 12:00am
Pakistan, India urged to resolve issues through dialogue

Pakistan, India urged to resolve issues through dialogue

South Asia cannot progress in any sphere of life unless the core issues between Pakistan and India are addressed promptly through a series of result-oriented parlays. India and Pakistan must resolve outstanding economic and security disputes including Kas
Published 12 Oct, 2016 12:00am
AJK PM visits forward areas close to LoC

AJK PM visits forward areas close to LoC

Azad Jammu and Kashmir Prime Minister Raja Farooq Haider Khan on Tuesday visited various areas close to Line of control in Samahni, Chamb, Barnala, Nikyal sectors in Mirpur and Abbaspur area to express solidarity with the affectees of Indain firing. Durin
Published 12 Oct, 2016 12:00am
Four persons killed, 16 injured in accident

Four persons killed, 16 injured in accident

Four persons were killed while 14 others sustained serious injuries when a speedy Datsun overturned near Kantio near Umerkot here Tuesday. According to the reports a passenger Datsun heading towards Umerkot from Chhachhro overturned near Kantio, resulting
Published 12 Oct, 2016 12:00am
Target-killer worked as diplomat's translator

Target-killer worked as diplomat's translator

Police have revealed that a man recently arrested on the suspicion of target killing had worked as a translator for the neighbouring country's consul general. The man, identified as Mehdi Moosvi, was arrested by police from Shadman Town area of Karachi. O
Published 12 Oct, 2016 12:00am
PBIF president calls for reforming tax administration

PBIF president calls for reforming tax administration

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has emphasised that Federal Board of Revenue (FBR) must overcome image problem to confront menace of low revenue collection as many taxpayers see FBR with suspicion which is
Published 12 Oct, 2016 12:00am
9th Muharram: Karachi's main procession culminates peacefully

9th Muharram: Karachi's main procession culminates peacefully

The mourning procession of 9th Muharram culminated peacefully amid improved security arrangements by the government. The main procession was taken out from Nishtar Park around 12 noon which ended at its destination - Hussainian lrañian Imambargah in Khara
Published 12 Oct, 2016 12:00am
Dar hailed

Dar hailed

Business community has congratulated Minister for Finance Ishaq Dar on being declared "Finance minister of the year 2016 for South Asia" by Emerging Markets, a global organisation. Patron-in-Chief of Korangi Association of Trade & Industry (KATI) SM Munee
Published 12 Oct, 2016 12:00am
PSO seeks 500,000 tonnes of gasoline for December-January

PSO seeks 500,000 tonnes of gasoline for December-January

The State Oil Company (PSO) is seeking 500,000 tonnes of gasoline for delivery over December and January, official sources said on Tuesday. In the first tender, the company is seeking four cargoes of 55,000 tonnes each of 92-octane gasoline for delivery i
Published 12 Oct, 2016 12:00am
Three suspects arrested with arms

Three suspects arrested with arms

Sensitive Agencies and FC personnel conducted an operation in Brewery area of the provincial capital on Tuesday and arrested three suspected terrorists. According to FC spokesman, the operation was launched on intelligence report that some suspects were h
Published 12 Oct, 2016 12:00am
Hindu community cancels 'Ram Leela' performance

Hindu community cancels 'Ram Leela' performance

The Hindu community has cancelled its annual Ram Leela performance out of respect for Muharram. The 50-feet-high effigy of Ravana will not be set on fire this year. Ram Leela play is performed during Navratri at Swami Narayan Mandir, located in Clifton, K
Published 12 Oct, 2016 12:00am
KMLG bags best corporate report award

KMLG bags best corporate report award

Achieving excellence is not a trait that is learnt, it is an attitude that is worn. Kohinoor Maple Leaf Group has shown this attitude in Corporate Reporting time and again by being ranked in the best reports of companies from all across Pakistan, and this
Published 12 Oct, 2016 12:00am
IBA-CEIF begins course on AAOIFI Shariah Standards

IBA-CEIF begins course on AAOIFI Shariah Standards

The Centre for Excellence in Islamic Finance (IBA-CEIF) has announced a course 'Advanced Certificate in AAOIFI Shariah Standards'. The IBA-CEIF in collaboration with Dubai Islamic Bank Pakistan Limited (DIBPL) has planned a six-month certificate course "P
Published 12 Oct, 2016 12:00am
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