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Print - 2016-12-03
IOC gives backing to Tokyo's warring factions

IOC gives backing to Tokyo's warring factions

The International Olympic Committee (IOC) on Friday predicted that bickering 2020 Tokyo Games organisers will come together to produce a workable budget as costs threaten to spiral out of control. IOC vice president John Coates, who heads the coordination
Published 03 Dec, 2016 12:00am
Mourinho offers United lifeline to Schweinsteiger

Mourinho offers United lifeline to Schweinsteiger

Jose Mourinho has hinted that Bastian Schweinsteiger could stay at Manchester United beyond January because his contract makes him "the powerful one". The former Germany captain, 32, was frozen out by Mourinho and forced to train away from the first team
Published 03 Dec, 2016 12:00am
World champion Rosberg announces shock retirement

World champion Rosberg announces shock retirement

Nico Rosberg quit Formula One on Friday, just five days after winning the world title for Mercedes in a move that stunned motor racing. The 31-year-old German, who beat off teammate Lewis Hamilton in the finale, is the first reigning champion to quit sinc
Published 03 Dec, 2016 12:00am
China proposes Kabul-bound railway line from Quetta, Peshawar

China proposes Kabul-bound railway line from Quetta, Peshawar

China has proposed Quetta-Kabul and Peshawar-Kabul railway Line to link Pakistan and Afghanistan, according to the Afghan media's reports. A statement issued here says, the proposal was put forward by Chinese Assistant Minister of Foreign Affairs Kong Xua
Published 03 Dec, 2016 12:00am
PTI MNAs pay no heed to NA Speaker's renewed warning

PTI MNAs pay no heed to NA Speaker's renewed warning

Pakistan Tehreek-e-Insaf (PTI) lawmakers in National Assembly on Friday reminded the NA Speaker and asked to recall that it was he who 'begged' them to get their salaries after they stayed away from parliament in 2014 in connection with anti-government si
Published 03 Dec, 2016 12:00am
Pakistan IPO Summit 2016: JS Global bags two awards

Pakistan IPO Summit 2016: JS Global bags two awards

JS Global Capital Limited, Pakistan's premier and the largest brokerage and investment banking firm, has been awarded as Best in the two prestigious categories at the recently-held Pakistan IPO Summit 2016. These two awards were given to JS Global Capital
Published 03 Dec, 2016 12:00am
Saudia jet from India lands in Karachi over pilot health

Saudia jet from India lands in Karachi over pilot health

A Saudi Arabian Airlines jet made an unscheduled landing in Karachi after its captain suffered health problems on a flight from India to Jeddah, official Saudi media said on Friday. "The captain of the Airbus A330 suffered a health condition that called f
Published 03 Dec, 2016 12:00am
Imran Farooq murder case: ATC issues arrest warrants for Altaf, others

Imran Farooq murder case: ATC issues arrest warrants for Altaf, others

An Anti-terrorism Court on Friday issued arrest warrants of the MQM's founder Altaf Hussain, Muhammad Anwar, Iftikhar Hussain and Kashif Khan Kamran who were named as accused in the murder case of MQM leader Imran Farooq and also have been declared abscon
Published 03 Dec, 2016 12:00am
DHA organises free medical camp in DCK

DHA organises free medical camp in DCK

A Free Medical Camp exclusively for ladies and children was organized by DHA at the remote location of Goth Shah Muhammad in the upcoming DHA City Karachi (DCK) project on Super Highway. A large number of women folk alongwith their children from poor and
Published 03 Dec, 2016 12:00am
Arrears: Sindh releases Rs 4.5 billion to Hesco, Sepco

Arrears: Sindh releases Rs 4.5 billion to Hesco, Sepco

The Sindh government has released Rs 4.5 billion arrears of electricity bills to HESCO and SEPCO as first installment of their total bills of Rs 27 billion. This was disclosed by Secretary Energy Agha Wasif and Secretary Finance Hassan Naqvi during a meet
Published 03 Dec, 2016 12:00am
866 promoted as Inspectors in Sindh Police

866 promoted as Inspectors in Sindh Police

The Sindh Police has promoted 866 officials to the rank of Inspectors. This was informed to Inspector General of Police Sindh, A D Khuwaja in a report. AIG Establishment, Naeem Sheikh informed that the officials recruited during 1987 to 1993, promoted to
Published 03 Dec, 2016 12:00am
Parliamentarians' assets: ECP devises mechanism for scrutiny

Parliamentarians' assets: ECP devises mechanism for scrutiny

The Election Commission of Pakistan has devised a mechanism for scrutiny of annual asset statements submitted to it by the parliamentarians. Sources said the process would be initiated from the scrutiny of senators' asset details and would be followed by
Published 03 Dec, 2016 12:00am
'Trump, Nawaz had productive conversation'

'Trump, Nawaz had productive conversation'

President-elect Donald Trump and Prime Minister Nawaz Sharif had a productive conversation about how the United States and Pakistan will have a strong working relationship in the future. This was stated by the Trump transition team in a rare readout of hi
Published 03 Dec, 2016 12:00am
New Thai king leads prayers for late father

New Thai king leads prayers for late father

Thailand's new monarch King Maha Vajiralongkorn led prayers for his late father on Friday, his first appearance at Bangkok's Grand Palace since he was officially appointed the day before after a seven week delay. The ceremony, which was broadcast live on
Published 03 Dec, 2016 12:00am
Venezuela fury at Mercosur suspension

Venezuela fury at Mercosur suspension

Venezuela on Friday angrily rejected its suspension from the South American economic bloc Mercosur, the harshest international punishment yet for President Nicolas Maduro's crisis-racked government. Argentina, Brazil, Paraguay and Uruguay have informed th
Published 03 Dec, 2016 12:00am
Pro-EU candidate wins 'Brexit by-election' in London

Pro-EU candidate wins 'Brexit by-election' in London

Prime Minister Theresa May suffered a rebuke on Friday over her plans for Brexit after voters in the London suburb of Richmond ousted a eurosceptic lawmaker in favour of a pro-European candidate. In a stunning upset, Liberal Democrat candidate Sarah Olney
Published 03 Dec, 2016 12:00am
IS tactics evolving, may include car bombs: Europol

IS tactics evolving, may include car bombs: Europol

Terror networks such as the Islamic State group are evolving their tactics to attack soft targets in Europe, which could see the use of deadly car bombs, Europol warned on Friday. Jihadist attacks on EU member states have not yet involved "the use of home
Published 03 Dec, 2016 12:00am
Europe okays 1.4 billion euros for Mars rover, ISS

Europe okays 1.4 billion euros for Mars rover, ISS

European ministers approved a 1.4-billion-euro ($1.5-billion) lifeline Friday for plans to place a life-seeking rover on Mars and maintain a presence on the International Space Station. Funding for the prestige projects represented a big chunk of investme
Published 03 Dec, 2016 12:00am
Shock defeat for Gambia's Jammeh in historic presidential poll

Shock defeat for Gambia's Jammeh in historic presidential poll

Opposition candidate Adama Barrow pulled off a stunning victory in The Gambia, comfortably winning a presidential election and putting an end to the 22-year rule of Yahya Jammeh, official results showed Friday. Jammeh had conceded defeat, the chairman of
Published 03 Dec, 2016 12:00am
Singapore minister warns IS will target Southeast Asia

Singapore minister warns IS will target Southeast Asia

Southeast Asia faces a growing risk of extremist violence from Islamic State (IS) group supporters as the jihadist group seeks new pastures after setbacks in the Middle East, Singapore's home minister said Friday. While IS is rapidly losing territory in I
Published 03 Dec, 2016 12:00am
Syria rebels in fierce defence of key Aleppo district

Syria rebels in fierce defence of key Aleppo district

Rebels put up fierce resistance on Friday in a key district of Syria's battered Aleppo, where a regime offensive has left bodies in the streets and sparked global outrage. The government assault on the northern city has spurred a mass exodus of tens of th
Published 03 Dec, 2016 12:00am
Cyprus leaders agree to resume peace talks

Cyprus leaders agree to resume peace talks

Rival Cypriot leaders have agreed to resume UN-backed reunification talks after negotiations broke down in Switzerland last month. The decision to return to the negotiating table was taken during a UN-hosted dinner for the two leaders in Nicosia's UN-cont
Published 03 Dec, 2016 12:00am
Renzi rallies as Italy referendum battle heads to wire

Renzi rallies as Italy referendum battle heads to wire

Italian Prime Minister Matteo Renzi heads into a make-or-break constitutional referendum this weekend insisting everything is still to play for in his fight to hold on to power. "Never have there been so many people undecided. The referendum match will be
Published 03 Dec, 2016 12:00am
UN says $1 billion needed for Boko Haram victims in 2017

UN says $1 billion needed for Boko Haram victims in 2017

A billion dollars are needed to provide aid for victims of Boko Haram jihadists in Nigeria's restive northeast next year, the United Nations said Friday, calling the conflict "the largest crisis in Africa". "The narrative on this humanitarian crisis can n
Published 03 Dec, 2016 12:00am
Top Mongolian rapper 'beaten up by Russian diplomat': lawyer

Top Mongolian rapper 'beaten up by Russian diplomat': lawyer

One of Mongolia's top rappers was beaten up by a Russian diplomat after performing wearing a swastika - a traditional Mongolian symbol - the singer's lawyer and police alleged Friday. Amarmandakh Sukhbaatar, known as Amraa and lead singer of Khar Sarnai -
Published 03 Dec, 2016 12:00am
KP government constitutes panel against illegal bus stands

KP government constitutes panel against illegal bus stands

The provincial government of Khyber Pakhtunkhwa Friday constituted committee for closing of illegal bus stands in District Peshawar. Secretary, Provincial Transport Authority (PTA) Peshawar will be chairman while Secretary RTA Peshawar, Amir Nawab, Office
Published 03 Dec, 2016 12:00am
Nuclear radiation: experts underline safety instructions during tests

Nuclear radiation: experts underline safety instructions during tests

One-Day lecture in collaboration with National Institute of Safety and Security, Pakistan Nuclear Regulatory Authority (PNRA) on "Applications of Ionizing of Radiations in Everyday Life, its Hazards and Means of Protection" was held at the Institute of Ph
Published 03 Dec, 2016 12:00am
Hamdard organises seminar on IPR

Hamdard organises seminar on IPR

A seminar on intellectual property rights in Pakistan was jointly organised by Quality Enhancement Cell, Hamdard University and Intellectual Property Organization of Pakistan (IPO-Pakistan at Hamdard University, Main Campus, Karachi. The key objective of
Published 03 Dec, 2016 12:00am
Dar optimistic about growth prospects

Dar optimistic about growth prospects

Minister for Finance Senator Ishaq Dar on Friday said the strengthening of energy infrastructure and improvement in security situation will be the key to achieving higher levels of growth in Pakistan. Addressing the participants of National Security Works
Published 03 Dec, 2016 12:00am
Condolence

Condolence

Sarmad Ali, President, Umer Mujib Shami, Secretary General, APNS on behalf of the office-bearers and members of Society have expressed profound grief over the sad demise of Akbar Ali, Managing Director of Mass Advertising (Pvt) Ltd, Karachi. He was a vete
Published 03 Dec, 2016 12:00am
PIAF exhorts PM to announce incentive package

PIAF exhorts PM to announce incentive package

The Pakistan Industrial and Traders Association Front (PIAF) has urged the Prime Minister of Pakistan to announce an incentive package for the industry and decrease the electricity and gas tariffs for giving a boost to the exports. PIAF Chairman Irfan Iqb
Published 03 Dec, 2016 12:00am
Murad supports: MQM-P's 100-day cleanliness drive

Murad supports: MQM-P's 100-day cleanliness drive

Sindh Chief Minister Syed Murad Murad Ali Shah reviewing Rs 10bn Karachi package has directed his divisional administration /district administration to support the 100-day cleanliness drive launched by Mayor Karachi. "This city belongs to each and every o
Published 03 Dec, 2016 12:00am
Mohsin Burney dies

Mohsin Burney dies

Mohsin Burney died on Thursday in Nottingham London. He was a senior journalist. He worked for United Press International, BBC, Visnews London. He started his career from The Statesman, Delhi. He also worked for Illustrated Weekly of India and Civil & Mil
Published 03 Dec, 2016 12:00am
SSGC facilitates Markaz-e-Umeed in construction of new block

SSGC facilitates Markaz-e-Umeed in construction of new block

Sui Southern Gas Company alongside its core activities of transmission and distribution of natural gas executes a vibrant Corporate Social Responsibility (CSR) program with a sole objective of improving quality of life of lesser privileged people.
Published 03 Dec, 2016 12:00am
Pakistan-US relations 'quite complicated': White House

Pakistan-US relations 'quite complicated': White House

The White House has said the relationship between Pakistan and US is "quite complicated", particularly in matters of national security. In a media briefing, White House spokesman Josh Earnest noted that the relationship between Pakistan and US got more co
Published 03 Dec, 2016 12:00am
NAB Karachi observing 'anti-corruption day'

NAB Karachi observing 'anti-corruption day'

In order to mark the international Anti Corruption Day (held annually on 9th December), NAB Karachi is observing anti corruption campaign by organizing and participating in various awareness activities from 21st November to 12th December 2016. Anti Corrup
Published 03 Dec, 2016 12:00am
Oil rallies to best week in years after Opec output deal

Oil rallies to best week in years after Opec output deal

Oil prices rallied for their best week in at least five years on Friday, steadying above $51 a barrel, following OPEC's decision to cut crude output to rein in a global glut that has weighed on prices for more than two years. After the deal was announced
Published 03 Dec, 2016 12:00am
US MIDDAY: wheat, corn up

US MIDDAY: wheat, corn up

Wheat futures on the Chicago Board of Trade closed higher early on Friday on bargain-buying, snapping a six-session slide that pushed most months to contract lows this week, traders said. corn futures higher in a bargain-buying bounce a day after hitting
Published 03 Dec, 2016 12:00am
US MIDDAY: gold rises

US MIDDAY: gold rises

Gold edged higher on Friday, climbing for the first time in four sessions as it shrugged off data showing rising US job numbers, with analysts saying that an expected rise in interest rates had already been priced in. US employers boosted hiring in Novemb
Published 03 Dec, 2016 12:00am
KP PDWP approves 38 projects worth Rs 23.328 billion

KP PDWP approves 38 projects worth Rs 23.328 billion

The Provincial Development Working Party (PDWP) held its meeting under the chairmanship of Muhammad Azam Khan, the Additional Chief Secretary (ACS) Khyber Pakhtunkhwa here Friday. The meeting was attended by Shahab Ali Shah, Secretary P&D Department, its
Published 03 Dec, 2016 12:00am
Accused acquitted

Accused acquitted

The Supreme Court on Friday acquitted an accused of abduction for ransom as the prosecution failed to produce evidence throughout the proceedings of the matter. An anti-terrorism court of Lahore had awarded death penalty to Muhammad Shahid under the charg
Published 03 Dec, 2016 12:00am
Pakistan embassy in US launches forum

Pakistan embassy in US launches forum

The Embassy of Pakistan Washington DC has launched a major public diplomacy initiative named "Pakistan Embassy Forum". The inaugural session of the Forum was hosted by the Embassy on Friday that deliberated upon the "Energy Situation in Pakistan". The ses
Published 03 Dec, 2016 12:00am
NA body rejects Protection of Minorities Bill

NA body rejects Protection of Minorities Bill

The National Assembly Standing Committee on Human Rights on Friday rejected 'The Protection of Minorities Bill, 2016' that was moved by MNA of MQM Sanjay Pervani. A meeting of the committee was held in the chair of MNA Babar Nawaz here at the Parliament H
Published 03 Dec, 2016 12:00am
Electronic media Editorial committees need to be activated: Marriyum

Electronic media Editorial committees need to be activated: Marriyum

Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb Friday said that legislative process for the security and safety of journalists is underway and a bill to this effect will be tabled in Parliament early next year aft
Published 03 Dec, 2016 12:00am
US Congress seeks to condition portion of Pakistan funding

US Congress seeks to condition portion of Pakistan funding

The US Congressional conference committee has sought to condition a significant portion of American funding to Pakistan on a Pentagon certification that the country is taking demonstrable steps against the dreaded Haqqani Network in its territory. In anot
Published 03 Dec, 2016 12:00am
More than 380,000 Afghans return in 2016: UNHCR

More than 380,000 Afghans return in 2016: UNHCR

More than 380,000 registered Afghan refugees have returned from Pakistan this year, the highest number since 2007, the United Nations said Friday, adding it handed out $135 million in cash assistance in the last three months alone.
Published 03 Dec, 2016 12:00am
Garment shop: robbers loot cash, valuables

Garment shop: robbers loot cash, valuables

Three armed robbers entered a garment shop located in the limits of Sabzi Mandi police station, under the guise of customers and looted cash, mobile phone and other valuables at gunpoint. Waqar Ahmad, an owner of garment shop located in sector I-10 Markaz
Published 03 Dec, 2016 12:00am
Rs 105.01 million compensatory amount for LoC affectees approved

Rs 105.01 million compensatory amount for LoC affectees approved

The government of Pakistan has approved Rs 105.01 million as compensatory relief for the martyrs, injured, disabled persons and other affectees of Indian firing along the Line of Control (LoC) and this amount has been transferred to AJK government, it was
Published 03 Dec, 2016 12:00am
Indus water pact can neither be changed nor abandoned: Abdul Basit

Indus water pact can neither be changed nor abandoned: Abdul Basit

Pakistan High Commissioner to New Delhi Abdul Basit on Friday said, "Pakistan is not begging for dialogue. If India is not ready, we can always wait." In a comprehensive interview with Indian newspaper "The Hindu" Abdul Basit discussed the increasing host
Published 03 Dec, 2016 12:00am
PPDWP approves two development schemes

PPDWP approves two development schemes

The Punjab Provincial Development Working Party (PPDWP) approved two development schemes of Urban Development and Mines & Mineral sectors with an estimated cost of Rs 123.04 million. These schemes were approved in the 35th meeting of the PPPDWP of current
Published 03 Dec, 2016 12:00am
Number of 3G and 4G users soars to 35.45 million by October-end: PTA

Number of 3G and 4G users soars to 35.45 million by October-end: PTA

The number of 3G and 4G users in Pakistan reached 35.45 million by end of October last against 34.32 million by end of September 2016, official documents of Pakistan Telecommunication Authority (PTA) revealed Friday. Number of mobile phone users in Pakist
Published 03 Dec, 2016 12:00am
Early drought warning helps farmers prepare for dry season

Early drought warning helps farmers prepare for dry season

Like his farming neighbours, Bilal Khan plants wheat in late October or early November each year, and harvests and sells his winter crop a few months later. But this year, there are no wheat stalks are to be seen on his 3 hectares (5 acres) of land in Raw
Published 03 Dec, 2016 12:00am
CM KP launches 84 megawatts hydro power project at Kalam

CM KP launches 84 megawatts hydro power project at Kalam

Chief Minister Khyber Pakhtunkhwa Pervez Khattak inaugurated work on 84MW Gorkeen Mataltaan Hydro Power Project at Kalam, district Swat here on Friday. The project would be completed at a cost of Rs 20 billion in a period of 4 years and would generate a r
Published 03 Dec, 2016 12:00am
Chinese envoy calls on CJCSC

Chinese envoy calls on CJCSC

Ambassa-dor of China Sun Weidong on Friday called on Chairman Joint Chiefs of Staff Committee (CJCSC) General Zubair Mahmood Hayat at Joint Staff Headquarters, Rawalpindi. According to Inter Services Public Relations (ISPR), during the bilateral talks, bo
Published 03 Dec, 2016 12:00am
Sartaj visits Cuban embassy

Sartaj visits Cuban embassy

Adviser to the Prime Minister on Foreign Affairs, Sartaj Aziz Friday visited Cuban Embassy in Islamabad to convey condolences to the government and people of Cuba on the sad demise of their historical leader of the revolution, Commander-in-Chief Dr Fidel
Published 03 Dec, 2016 12:00am
Sherry says PM House not FO, dealing with foreign affairs

Sherry says PM House not FO, dealing with foreign affairs

Vice President PPPP and former Ambassador to the US, Senator Sherry Rehman expressed shock and dismay over the government's bizarre release of readout of the phone call between newly elected President Donald Trump and Prime Minister Nawaz Sharif. The phon
Published 03 Dec, 2016 12:00am
ICAP, SECP hold seminar on Companies Ordinance, 2016

ICAP, SECP hold seminar on Companies Ordinance, 2016

The Institute of Chartered Accountants of Pakistan (ICAP), in collaboration with the Securities and Exchange Commission of Pakistan (SECP), held an informative seminar for the ICAP members, to create awareness about the new concepts and major changes intr
Published 03 Dec, 2016 12:00am
300 missing persons: parliamentary body annoyed over bureaucratic delay

300 missing persons: parliamentary body annoyed over bureaucratic delay

A parliamentary body on Friday expressed serious annoyance over delay in reply of the Ministry of Interior regarding implementation status of recommendations of the committee about 300 missing persons, and decided to move a privilege motion against the mi
Published 03 Dec, 2016 12:00am
Deregulation of prices of CNG: proposal sent to all stakeholders

Deregulation of prices of CNG: proposal sent to all stakeholders

The government is to deregulate prices of compressed natural gas (CNG) countrywide and in this connection a proposal has been sent to all stakeholders for their input, Secretary Ministry of Petroleum Arshad Mirza has said. Talking to Business Recorder
Published 03 Dec, 2016 12:00am
LHC issues arrest warrants for Adnan Sanaullah

LHC issues arrest warrants for Adnan Sanaullah

Lahore High Court on Friday issued arrest warrants of a former office bearer of PML-N Youth Wing Adnan Sanaullah involved in a gang-rape case. The court on November 17 while hearing an appeal of prosecution department had directed the accused to appear bu
Published 03 Dec, 2016 12:00am
COTTON USA to make business connections at Heimtextil
Cotton

COTTON USA to make business connections at Heimtextil

COTTON USA is making plans to promote US cotton's quality, responsible production and innovation at the world's leading trade show for home textiles. While at Heimtextil in Frankfurt, Germany, on January 10-13, 2017, COTTON USA will seize the opportunity
Published 03 Dec, 2016 12:00am
Punjab ADP 2017-18 preparations to start next month

Punjab ADP 2017-18 preparations to start next month

While the mid-year review for Punjab Annual Development Programme (ADP) for 2016-17 would be held in January 2017, preparation of ADP for 2017-18 would also begin from that month. Punjab Minister for Planning and Development, Malik Nadeem Kamran said this
Published 03 Dec, 2016 12:00am
Punjab Assembly proceedings marred by members' lack of interest

Punjab Assembly proceedings marred by members' lack of interest

The proceedings of Punjab Assembly were again marred on Friday mainly due to absence of members both from treasury and opposition benches. The House could not complete any official business in its Friday's proceedings. The opposition legislators held Chie
Published 03 Dec, 2016 12:00am
Basmati rice: BGA for tapping potential of Chinese market

Basmati rice: BGA for tapping potential of Chinese market

Basmati Growers Association (BGA) of Pakistan Chairman Chaudhry Hamid Malhi has urged the government and the Rice Exporters Association of Pakistan (REAP) to tap the potential of huge Chinese market for exporting basmati rice from Pakistan. Talking to
Published 03 Dec, 2016 12:00am
LCCI holds condolence reference

LCCI holds condolence reference

The Lahore Chamber of Commerce and Industry on Friday held a condolence reference for its former president and renowned businessman Sheikh Saleem Ali and paid tributes to him. Speaking at the reference, LCCI President Abdul Basit, former LCCI presidents T
Published 03 Dec, 2016 12:00am
LHC reprimands finance department, AG Punjab

LHC reprimands finance department, AG Punjab

Lahore High Court (LHC) Chief Justice reprimanded Finance Department and Accountant General (AG) of Punjab for asking pensioners for further verification to receive arrears of their pension on Friday. CJ LHC directed the AG and Finance Department to submi
Published 03 Dec, 2016 12:00am
Minister says canal network will be revamped

Minister says canal network will be revamped

Punjab Irrigation Minister and Chairman Punjab Irrigation & Drainage Authority (PIDA) Amanatullah Shadikhel has said that a dedicated team of water sector professionals would be constituted to revamp the world's largest contiguous network of canals on mod
Published 03 Dec, 2016 12:00am
16 service centres: Tevta provides skilled training to unemployed youth

16 service centres: Tevta provides skilled training to unemployed youth

Technical Education and Vocational Training Authority (TEVTA) is successfully providing latest skilled training to unemployed youth in its 16 service centers located at different cities of province of the Punjab. The trainees of these centers are technica
Published 03 Dec, 2016 12:00am
Political mistakes of Imran favour Nawaz: Khurshid

Political mistakes of Imran favour Nawaz: Khurshid

Opposition leader Khurshid Shah said on Friday that political mistakes of Imran Khan have favoured Prime Minister Nawaz Sharif. Talking to media, he said, PPP has always preferred the politics of Parliament and reverted to it whenever there is a crisis li
Published 03 Dec, 2016 12:00am
Zardari's backbone therapy causes delay in his return: Sabir Baloch

Zardari's backbone therapy causes delay in his return: Sabir Baloch

Senate Sabir Baloch said on Friday the co-chairman Pakistan Peoples Party (PPP) Asif Zardari is undergoing backbone therapy at present, causing delay in his return to Pakistan. Talking to Business Recorder, Baloch added that Zardari would return wi
Published 03 Dec, 2016 12:00am
DC for action against under-age drivers

DC for action against under-age drivers

Divisional Commissioner Momin Agha has directed to the concerned departments for evolving comprehensive and co-ordinated strategy to control the traffic accidents and called for compiling detailed report about the reasons, timings and sides of the excessi
Published 03 Dec, 2016 12:00am
OPC, BoR to expedite disposal of expedite' cases

OPC, BoR to expedite disposal of expedite' cases

Overseas Pakistanis Commission (OPC) and Board of Revenue (BoR) have joined hands to expedite disposal of cases of Overseas Pakistanis in Revenue Judicial courts of the province. The high-ups of both institutions would hold fortnightly meetings to review
Published 03 Dec, 2016 12:00am
Chemical warehouse fire causes panic

Chemical warehouse fire causes panic

A chemical warehouse located near city's busiest commercial Light House area caught fire here on Friday evening; however no loss of life was reported. A fire department official sustained injuries during rescue operations. The fire was doused off hours af
Published 03 Dec, 2016 12:00am
NBP & 1Link sign PayPak Card Scheme agreement

NBP & 1Link sign PayPak Card Scheme agreement

In continuation of National Bank of Pakistan's (NBP) journey for embracing the future banking, NBP signed an agreement with 1 Link for launching Pakistan's first domestic card brand "PayPak". President NBP Syed Iqbal Ashraf, signed the agreement with 1 Li
Published 03 Dec, 2016 12:00am
SAI turns describes FBR Audit Policy as 'unfair'

SAI turns describes FBR Audit Policy as 'unfair'

President of SITE Association of Industry (SAI) Asad Nisar has termed the new FBR Audit Policy 2016 as unfair and discriminatory. He expressed his dismay over the provision of re-audit of previous years' audited accounts which would be highly detrimental
Published 03 Dec, 2016 12:00am
FBR attaches bank accounts of DMC to recover over Rs 100 million dues

FBR attaches bank accounts of DMC to recover over Rs 100 million dues

Federal Board of Revenue (FBR) has attached bank accounts of District Municipal Corporation (DMC) to recover tax dues amounting to over Rs 100 million. According to FBR sources, the Regional Tax Office (RTO)-III has raised a tax demand of over Rs 100 mill
Published 03 Dec, 2016 12:00am
2018 elections: Musharraf to form new political party

2018 elections: Musharraf to form new political party

Former Pakistan president General Parvez Musharraf (Retd) has on Friday announced to establish a new political party for the 2018 elections. He said that his party would transcend all sectarian and linguistic differences. The party will be formed by June
Published 03 Dec, 2016 12:00am
Additional IGP HQ Mian Asif retires

Additional IGP HQ Mian Asif retires

Additional IGP Headquarters Mian Muhammad Asif retired after performing 32 years services. The Inspector General of Police (IGP) Khyber Pakhtunkhwa, Nasir Khan Durrani arranged a farewell party in his honour at Police Club Peshawar on Friday.
Published 03 Dec, 2016 12:00am
Pak-Turk school staff: SHC suspends deportation orders

Pak-Turk school staff: SHC suspends deportation orders

The Sindh High Court on Friday suspended orders to deport staff of Pak-Turk schools. The court also suspended orders of the Interior Ministry which had refused to extend visa requests of the Turkish staff. The court has sought reply from Deputy Attorney G
Published 03 Dec, 2016 12:00am
PIA claims to have regained market share

PIA claims to have regained market share

Pakistan International Airlines (PIA) on Friday claimed to have regained its domestic flights market by 22 percent and international sector by three percent during current year. According to details, PIA Premier has played a key role in regaining its mark
Published 03 Dec, 2016 12:00am
Sale of liquor: SHC asks government to justify repermission decision

Sale of liquor: SHC asks government to justify repermission decision

The Sindh High Court (SHC) on Friday directed the provincial authorities to explain under which law it had re-permitted the open sale of liquor in the province. The bench, headed by Chief Justice Sajjad Ali Shah, had taken up the case involving the issue
Published 03 Dec, 2016 12:00am
The Weather

The Weather

The weather report on Friday (December 02, 2016) and the forecast for Saturday (December 03, 2016).

Published 03 Dec, 2016 12:00am
Trade with India
Cotton

Trade with India

This is apropos a Business Recorder news item "Growing India-Pakistan tension: Trade regime not changed: Dastgir" carried by the newspaper yesterday. According to it, Federal Minister for Commerce Khurram Dastgir Khan has said that despite diplomat
Published 03 Dec, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (December 02, 2016).

Published 03 Dec, 2016 12:00am
With Castro gone, US presence in Cuba grows

With Castro gone, US presence in Cuba grows

Fidel Castro spent his life combating US capitalism, but by the time he died, American cruise ships, regular flights and even the embassy had returned to the communist-ruled island. The US flag now hangs ubiquitously on the bicycle rickshaws that pull gro
Published 03 Dec, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (December 02, 2016).

Published 03 Dec, 2016 12:00am
No end to tax amnesties - II
Currency

No end to tax amnesties - II

Since November 1990, when Nawaz Sharif became Prime Minister of Pakistan for the first time, the culture of loot, plunder, corruption, tax evasion and money laundering has been legalised and promoted through an obnoxious law namely, Protection of Economic
Published 03 Dec, 2016 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 03 Dec, 2016 12:00am
Declining exports
Currency

Declining exports

Pakistan's trade deficit from July to October 2016 has increased to US $9.3 billion and the annual deficit for FY 2016-17 is estimated to jack up to $28 billion which is one of the highest trade deficits in the recent history of Pakistan. In 2014 and 2015
Published 03 Dec, 2016 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 03 Dec, 2016 12:00am
A call that echoed

A call that echoed

It must be stated at the very outset that Donald Trump is neither a run-of-the-mill political leader nor should anyone expect of him to be hemmed in by the established diplomatic protocol. The presidency of the world's most powerful country is the first e
Published 03 Dec, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (December 02, 2016).

Published 03 Dec, 2016 12:00am
Economic policies: consensus still elusive

Economic policies: consensus still elusive

Pakistan Business Council has highlighted the need for continuity in policies as a key factor in enhancing domestic as well as foreign investment. There is no doubt that policy change with a change of government has been and remains a major impediment to
Published 03 Dec, 2016 12:00am
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