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Print - 2017-04-01
Taimur leads in KP Amateur Golf

Taimur leads in KP Amateur Golf

International golfer Taimur Naseer of PAF bewildered fellow golfers by taking a one strokes lead on the first day with his gross score two under 70 over 18 holes of the 54-holes golden jubilee edition of the Khyber Pakhtunkhwa National Amateur Ranking Gol
Published 01 Apr, 2017 12:00am
Swat take Inter-District U-23 Games trophy

Swat take Inter-District U-23 Games trophy

Swat clinched the trophy after securing 125 points in the Swat Region Inter-District Boys Under-23 Games, which concluded at Makan Bagh Sports Complex Swat on Friday. Member Provincial Assembly Fazale Hakeem was the chief guest on this occasion. Director
Published 01 Apr, 2017 12:00am
Konta downs Venus

Konta downs Venus

Britain's Johanna Konta beat Venus Williams 6-4, 7-5 in a grueling battle Thursday to reach the WTA Miami Open final, where she will face Caroline Wozniacki of Denmark. The Australian-born 25-year-old broke Williams in the first game and played aggressive
Published 01 Apr, 2017 12:00am
Federer, Kyrgios advance to Miami Open semis

Federer, Kyrgios advance to Miami Open semis

Roger Federer dramatically fought his way into the Miami Open semi-finals with a 6-2, 3-6, 7-6 (8/6) victory over Czech 10th seed Tomas Berdych on Thursday. The 35-year-old Swiss, who has already won the Australian Open and Indian Wells so far this year,
Published 01 Apr, 2017 12:00am
Only one London team worth playing for, says Wenger

Only one London team worth playing for, says Wenger

Arsene Wenger claims Alexis Sanchez will be happy to stay with Arsenal because his club are the only London team worth playing for. Sanchez is yet to sign a new deal with the Gunners amid suggestions he had demanded a transfer following a heated row with
Published 01 Apr, 2017 12:00am
Sindhu beats Saina to enter India Open semis

Sindhu beats Saina to enter India Open semis

India's PV Sindhu won a much-anticipated clash with compatriot Saina Nehwal in straight games to book a place in the semi-finals of the India Open badminton tournament in New Delhi on Friday. Rio Olympics silver medallist Sindhu served past former champio
Published 01 Apr, 2017 12:00am
Khalid Latif to contest fixing charges

Khalid Latif to contest fixing charges

Pakistan batsman Khalid Latif will contest spot-fixing charges against him, his lawyer said Friday, in an ongoing scandal which has tainted Pakistani cricket and threatened years of work to clean up the country's image. The 31-year-old is one of five play
Published 01 Apr, 2017 12:00am
Five killed in east Ukraine as tensions simmer

Five killed in east Ukraine as tensions simmer

Ukraine's army said Friday it has suffered more losses in the fight against pro-Russian insurgents in the east as tensions in the three-year conflict simmered. The latest deaths were announced as US Secretary of State Rex Tillerson said he would be holdin
Published 01 Apr, 2017 12:00am
Trump to name and shame trade 'cheats'
Currency

Trump to name and shame trade 'cheats'

President Donald Trump will order staff Friday to pinpoint countries and goods responsible for America's nearly $50 billion trade deficit, in a protectionist warning shot to trade partners like China. Top administration officials said Trump will issue a p
Published 01 Apr, 2017 12:00am
Venezuela attorney general breaks ranks with Maduro

Venezuela attorney general breaks ranks with Maduro

Venezuela's attorney general surprisingly broke ranks with President Nicolas Maduro on Friday, condemning recent Supreme Court rulings that consolidated the socialist president's power as a "rupture of constitutional order." Attorney General Luisa Ortega
Published 01 Apr, 2017 12:00am
US top diplomat demands Nato allies pay up

US top diplomat demands Nato allies pay up

US Secretary of State Rex Tillerson pressed Nato allies Friday to ramp up military spending and denounced Russia's "ongoing hostility and occupation" of Ukraine as the Trump administration toughened its tone toward Moscow. Tillerson delivered the message
Published 01 Apr, 2017 12:00am
Former Trump advisor Flynn offers testimony for immunity

Former Trump advisor Flynn offers testimony for immunity

Michael Flynn has "a story to tell," his lawyer said Thursday, amid reports that the ousted US national security advisor has offered to testify in exchange for immunity about potential ties between Donald Trump's presidential campaign and Russia. Flynn pr
Published 01 Apr, 2017 12:00am
SpaceX launches first recycled rocket

SpaceX launches first recycled rocket

SpaceX blasted off a recycled rocket for the first time on Thursday, using a booster that had previously flown cargo to the astronauts living at the International Space Station. The rocket rose into the sky over Cape Canaveral, Florida at 6:27 pm (2227 GM
Published 01 Apr, 2017 12:00am
South Korea's Park in custody after court orders arrest

South Korea's Park in custody after court orders arrest

South Korea's ousted president Park Geun-Hye was spending her first day in custody Friday after a court ordered her arrest, with her opponents crowing and her supporters crying. The former head of state stared straight ahead, apparently trying to maintain
Published 01 Apr, 2017 12:00am
German military to launch cyber command

German military to launch cyber command

Germany's armed forces Saturday launch a cyber command, with a status equal to that of the army, navy and air force, meant to shield its IT and weapons systems from attack. Military planners fear that wars of the future will start with cyber attacks again
Published 01 Apr, 2017 12:00am
US warns Israel on 'unrestrained' settlement building

US warns Israel on 'unrestrained' settlement building

The United States warned Friday that "unrestrained" building of settler homes could hinder peace, after Israel approved a new settlement in the occupied West Bank for the first time in a quarter century. The Palestinians reacted angrily as what is widely
Published 01 Apr, 2017 12:00am
Interpol issues red notices for Serbs wanted in UN case

Interpol issues red notices for Serbs wanted in UN case

Interpol has issued high-priority red notices for the arrest of three Serbians, two of them lawyers, accused of witness tampering, the UN's former Yugoslavia war crimes court announced on Friday. But Serbia rebuked the move, and its minister in charge of
Published 01 Apr, 2017 12:00am
Sacking triggers civil war in ANC
Currency

Sacking triggers civil war in ANC

The sacking of South Africa's respected finance minister in a cabinet purge pitched the ruling ANC party into chaos Friday, creating one of its biggest tests since leading the fight against apartheid. The country's Deputy President Cyril Ramaphosa launche
Published 01 Apr, 2017 12:00am
At Iraq camp, UN chief urges more aid for people of Mosul

At Iraq camp, UN chief urges more aid for people of Mosul

UN chief Antonio Guterres appealed on Friday for more aid for the people of Mosul, as he visited a camp for Iraqis displaced by the battle to retake the second city from jihadists. Iraq is nearly six months into the operation to oust the Islamic State gro
Published 01 Apr, 2017 12:00am
EU demands Brexit progress before trade talks

EU demands Brexit progress before trade talks

The European Union has demanded that Britain make "significant progress" on its divorce from the bloc before talks on a trade deal can start, as it unveiled its tough Brexit negotiating guidelines on Friday. EU president Donald Tusk rejected British Prime
Published 01 Apr, 2017 12:00am
Faysal Bank assists in replacing FBC lift

Faysal Bank assists in replacing FBC lift

Faysal Bank has come to extend its assistance to Friends of Burns Centre (FBC) to replace the old lift with the new one. Owing to generous gesture and support of Faysal Bank, installation of new lift has been completed and formally inaugurated by Nauman A
Published 01 Apr, 2017 12:00am
PBIF President urges government to end power crisis

PBIF President urges government to end power crisis

The president of the Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain, has emphasised that the government should take steps to ensure power generation at full capacity and address the issue of power producers, otherwise the masses w
Published 01 Apr, 2017 12:00am
SBP issues Rs 50 coin in Edhi's memory

SBP issues Rs 50 coin in Edhi's memory

A Rs 50 coin was unveiled at the State Bank of Pakistan on Friday, to commemorate the services of late Abdus Sattar Edhi. Faisal Edhi, son of Abdus Sattar Edhi, was also present on the occasion. Governor State Bank Ashraf Mahmood Wathra presented the comm
Published 01 Apr, 2017 12:00am
HACPL achieves triple highest sales

HACPL achieves triple highest sales

Honda Atlas Cars (Pakistan) Limited (HACPL) has achieved triple highest sales from April 2016 - March 2017 including highest sales ever of Honda Civic and Honda City as well as record breaking total sales. HACPL reached this milestone on March 31. The Hon
Published 01 Apr, 2017 12:00am
SHC issues notices to Railways

SHC issues notices to Railways

The Sindh High Court has asked the divisional superintendent of Pakistan Railways in Karachi, the director general of the Training Centre at Walton in Lahore and the chief personnel officer of Pakistan Railways' headquarters in Lahore to appear in the cou
Published 01 Apr, 2017 12:00am
MWM, PPP condemn blast in Parachinar

MWM, PPP condemn blast in Parachinar

Pakistan Peoples Party (PPP) and Majlis-e-Wehdat-e-Muslimeen (MWM) have condemned the blast in Parachinar in which 24 people were killed while dozens other injured outside an Imam Bargah on Friday. To denounce the attack, MWM held a protest demonstration
Published 01 Apr, 2017 12:00am
Nestlé Pakistan holds seminar to commemorate World Water Day

Nestlé Pakistan holds seminar to commemorate World Water Day

In order to commemorate World Water Day 2017, Nestlé Pakistan in collaboration with SDPI (Sustainable Development Policy Institute) and WWF organised a seminar on "Why Waste Water: Rethinking Water Resource Management in Pakistan". According to the Asian
Published 01 Apr, 2017 12:00am
PHD Pakistan awarded silver at Campaign Asia's Agency

PHD Pakistan awarded silver at Campaign Asia's Agency

PHD Pakistan, part of Omnicom Media Group Pakistan, won the Silver for 'Pakistan Media Agency of the Year' at Campaign Asia's Agency of the Year Awards 2016, winning the title second time in a row. Omnicom Media Group Pakistan's CEO, Dara Bashir Khan, com
Published 01 Apr, 2017 12:00am
'Training to enhance research skills of university faculty'

'Training to enhance research skills of university faculty'

A 3-day training workshop on "Research Methodology and Data Analysis Techniques" was organised by the Office of Research Innovation and Commercialization (ORIC), University of Sindh, Jamshoro, in collaboration with Pakistan Scientific and Technological In
Published 01 Apr, 2017 12:00am
Six rockets fired near Iran border

Six rockets fired near Iran border

Some unidentified miscreants on Friday fired six rockets from an undisclosed place in Tump area near Iran border. According to a TV report, the rockets landed at residential area due to which many house were partially damaged, however no loss of life was
Published 01 Apr, 2017 12:00am
CM Census Cell receives 390 complaints

CM Census Cell receives 390 complaints

The Chief Minister's Census Complaint Cell at the CM Secretariat has received 390 complaints during the last 15 days from March 16 to March 31 and the same have been sent to the concerned authorities. The Complaint Cell received 62 complaints from Distric
Published 01 Apr, 2017 12:00am
Tech education can pull people out of poverty: Jhagra

Tech education can pull people out of poverty: Jhagra

Khyber Pakhtunkhwa Governor, Eng Iqbal Zafar Jhagra has said that the technical Education bears the capacity to pull people out of poverty and change the fate of the nation. Addressing as the chief guest at the tool kits distribution ceremony amongst the
Published 01 Apr, 2017 12:00am
SECP lodges complaint against CEO CCPL

SECP lodges complaint against CEO CCPL

The Securities and Exchange Commission of Pakistan (SECP) filed another criminal complaint against CEO of Cedar Capital (Private) Limited (CCPL) and his two prominent clients for manipulating the prices of the shares of Pak Electron Limited (PAEL) at Paki
Published 01 Apr, 2017 12:00am
US regulatory body lauds SECP

US regulatory body lauds SECP

At the opening ceremony of the 27th Annual International Institute on Securities Market Growth and Development at the United States Securities and Exchange Commission (US SEC) the acting chairman US SEC Michael Piwowar, lauded the recent developments unde
Published 01 Apr, 2017 12:00am
Mehsud new IGP KP

Mehsud new IGP KP

Salah-ud-Din Khan Mehsud assumed charge of Inspector General of Police (IGP) Khyber Pakhtunkhwa on Friday in an informal ceremony held at Central Police Office (CPO) Peshawar Friday. On arrival to the Central Police Office he was received by DIG Head Quar
Published 01 Apr, 2017 12:00am
3,000 metric tons of rice being dispatched to Sri Lanka

3,000 metric tons of rice being dispatched to Sri Lanka

In order to express solidarity and compassion with the brotherly people of Sri Lanka, the Government of Pakistan is dispatching three relief ships containing 3,000 metric tons (03 million kgs) of rice, to alleviate the effects of severe drought in Sri Lan
Published 01 Apr, 2017 12:00am
Search operation: LEAs detain 16 suspects, recover weapons

Search operation: LEAs detain 16 suspects, recover weapons

Islamabad Tarnol police on Friday conducted search operation in its respective jurisdiction and nabbed 16 suspects besides recovery of weapons from them, a police spokesman said. Following National Action Plan (NAP), officers/officials of Islamabad Police
Published 01 Apr, 2017 12:00am
Denial of information: PTI leader urges CJP to take suo motu notice

Denial of information: PTI leader urges CJP to take suo motu notice

Pakistan Tehreek-e-Insaf (PTI) leader Andleeb Abbas has written a letter to Chief Justice of Pakistan, requesting him to take a suo motu notice on denial of information to her by the federal and Punjab governments, which is a violation of right to public
Published 01 Apr, 2017 12:00am
Former Prime Minister Norway calls on Fatemi

Former Prime Minister Norway calls on Fatemi

Kjell Magne Bondevik, former Prime Minister of Norway, called on Syed Tariq Fatemi, Special Assistant to the Prime Minister on Foreign Affairs here on Friday. Bondevik along with a two-member delegation visited Pakistan and Azad Jammu & Kashmir (AJK) from
Published 01 Apr, 2017 12:00am
Zarb-e-Azb, Radd-ul-Fasaad help control polio: Mamnoon

Zarb-e-Azb, Radd-ul-Fasaad help control polio: Mamnoon

President Mamnoon Hussain Friday said actions against terrorists under operations Zarb-e-Azb and Raddul Fasaad had helped in controlling the polio virus in the country. Talking to Regional Director, World Health Organization (WHO), Dr Mahmoud Fikri who ca
Published 01 Apr, 2017 12:00am
JUI-F finalises preparations for centennial congregation

JUI-F finalises preparations for centennial congregation

Jamiat Ulema-e-Islam-F has finalized preparations for its three-day centennial congregation at Azakhel, Nowshera commencing from April 7, aimed at protection of Islamic ideology against the negative propaganda of Zionist forces. Speaking at a press confer
Published 01 Apr, 2017 12:00am
NA body recommends completion of GHP at any cost

NA body recommends completion of GHP at any cost

The National Assembly Standing Committee on Overseas Pakistanis and Human Resource Development on Friday recommended that construction work on Grand Hyatt Plaza (GHP) should be completed, whatever the circumstances may arise. A meeting of the committee wa
Published 01 Apr, 2017 12:00am
Sahar Shah made Senior VC of FPCCI body

Sahar Shah made Senior VC of FPCCI body

Federation of Pakistan Chambers of Commerce & Industry (FPCCI) President Zubair Tufail has appointed Syeda Sahar Shah as Senior Vice Chairman of Standing Committee for Human Rights. Syeda Sahar Shah paying her gratitude said that serving humanity was obje
Published 01 Apr, 2017 12:00am
Jimmy's painting to be on display at China museum

Jimmy's painting to be on display at China museum

Artist, Social Worker and Peace Activist Jimmy Engineer has made Pakistan proud yet again as one of his masterpiece painting "International Architectural Composition" is going to adore the walls of centuries old National Art Museum of China in Beijing per
Published 01 Apr, 2017 12:00am
Prime Minister's special body prepares draft for artists' welfare

Prime Minister's special body prepares draft for artists' welfare

Prime Minister's Special Committee for the welfare of artists has prepared its initial draft based on the recommendations to create an effective mechanism for well-being of the artists at federal and provincial level. The approval of the draft was given i
Published 01 Apr, 2017 12:00am
Millers won't buy wheat with seven percent foreign matter: PFMA-Punjab

Millers won't buy wheat with seven percent foreign matter: PFMA-Punjab

The Pakistan Flour Mills Association (PFMA-Punjab) has urged the government not to purchase wheat in coming procurement season with seven percent foreign matter as the millers will not buy any such wheat. It said if the government is giving highest rates
Published 01 Apr, 2017 12:00am
Military awards conferred to Navy personnel

Military awards conferred to Navy personnel

Chief of the Naval Staff, Admiral Muhammad Zakaullah conferred military awards to Pakistan Navy officers, CPOs/POs and sailors during an impressive Investiture Ceremony held here on Friday at Bahria Auditorium. The recipients of Sitara-i-Imtiaz (Military)
Published 01 Apr, 2017 12:00am
Minister for protection of historic buildings of Railways

Minister for protection of historic buildings of Railways

Federal Minister for Railways Khawaja Saad Rafique has directed the administration of the Pakistan Railways (PR) to protect the historic buildings of the organisation and allocate special funds for their renovation and improvement. The Minister was presid
Published 01 Apr, 2017 12:00am
ICAP establishes Accounting Standards Board

ICAP establishes Accounting Standards Board

The Institute of Chartered Accountants of Pakistan (ICAP) is committed to serve public interest and has taken various measures to promote international best practices. One of the recent endeavors is the establishment of the 'Accounting Standards Board' (A
Published 01 Apr, 2017 12:00am
Saudi Airlines introduces flights on Multan-Madina route

Saudi Airlines introduces flights on Multan-Madina route

Saudi Arabian Airlines is starting its flight operation from Multan to Jeddah and Madina from April 1. According to airline spokesman at least four flights a week will be available for the people of South Punjab and it would be the cheapest flights for th
Published 01 Apr, 2017 12:00am
PDWP approves seven uplift schemes

PDWP approves seven uplift schemes

The Punjab Provincial Development Working Party (PDWP) approved seven development schemes of P&D and Road sectors with an estimated cost of Rs 24817.687 million. These schemes were approved in the 64th meeting of Provincial Development Working Party (PDWP
Published 01 Apr, 2017 12:00am
Clean fuel firm struggles despite energy shortages

Clean fuel firm struggles despite energy shortages

Hassan Raza says his clean fuel company, which captures natural gas "flared" at oil fields and sells it to industrial customers, is struggling to expand despite energy shortages and concerns over the country's poor pollution record. EGas Pvt Ltd has a num
Published 01 Apr, 2017 12:00am
Power outages perturb consumers

Power outages perturb consumers

Unscheduled load shedding has caused panic among the consumers by and large, especially with the arrival of scorching heat all across the province. Sources said the PTI provincial leadership has also tabled a resolution against the unscheduled load sheddi
Published 01 Apr, 2017 12:00am
Traders condemn blast in Parachinar

Traders condemn blast in Parachinar

The Business community of Southern Punjab have vehemently condemned the bomb blast at the Imam Bargah in Parachinar in Kurram Agency and expressed deep shock and sorrow over the loss of precious lives in the tragic incident. They expressed solidarity with
Published 01 Apr, 2017 12:00am
Three ISIS terrorists held in Bahawalpur

Three ISIS terrorists held in Bahawalpur

The Counter Terrorism Department (CTD) arrested three terrorists of banned ISIS (Daesh) besides recovering hand grenades, explosives and provocative literature during a crackdown here on Friday. The CTD team on a tip-off regarding presence of extremists c
Published 01 Apr, 2017 12:00am
FBR recovers Rs 98 million from Railways

FBR recovers Rs 98 million from Railways

The Federal Board of Revenue (FBR) has recovered Rs 98 million from the frozen accounts of Pakistan Railways, said sources. According to the sources, the deduction was made under the head of withholding tax in two different transactions. They said the FBR
Published 01 Apr, 2017 12:00am
Economist calls for promoting Pak-China investors' joint ventures

Economist calls for promoting Pak-China investors' joint ventures

Professor of Economics at the Lahore School of Economics (LSE), Dr Azam Chaudhry, said here on Friday that Pakistan has still not been given the same level of market access to China as the ASEAN countries as the Chinese tariffs on Pakistani goods tend to
Published 01 Apr, 2017 12:00am
Wheat output target may not be achieved

Wheat output target may not be achieved

The country is unlikely to achieve wheat production target of 26.01 million tons for 216-17 as the crop in rain fed areas has badly suffered at germination stage because of drought conditions. According to satellite based wheat crop situation and forecast
Published 01 Apr, 2017 12:00am
Lucky Cement wins HSE award 2017

Lucky Cement wins HSE award 2017

Lucky Cement Limited won the Health, Safety and Environment Award in the category of "The Responsibility for Health and Safety," at the 2017 International Environment, Health and Safety Awards Gala. The ceremony was held at a hotel in Karachi in associati
Published 01 Apr, 2017 12:00am
Khushhali Bank collaborates with Adamjee, JLI

Khushhali Bank collaborates with Adamjee, JLI

Khushhali Bank collaborates with two leading companies in the insurance sector of Pakistan, namely Adamjee Life Assurance Company Limited and Jubilee Life Insurance (JLI). The two agreements were signed in order to facilitate valued customers and provide
Published 01 Apr, 2017 12:00am
Cessna aircraft delivered to Army

Cessna aircraft delivered to Army

The office of Defence Representative-Pakistan made another delivery of Cessna aircraft to the Pakistan Army, says a press release issued here on Friday. Since November 2016, the Pakistan Army has received six Cessna planes including two Cessna 208 Caravan
Published 01 Apr, 2017 12:00am
'Punjab's development model should be followed by other provinces'

'Punjab's development model should be followed by other provinces'

A delegation of senate functional committee for devolution Friday has appreciated leadership of Shehbaz Sharif for progressive activities to enhance health and education sectors as well as transfer of power to lower level. Chairman committee Senator Kabir
Published 01 Apr, 2017 12:00am
Financing Origination System: Meezan Bank selects BenchMatrix Solutions

Financing Origination System: Meezan Bank selects BenchMatrix Solutions

Meezan Bank selects BenchMatrix's RiskNucleus(r)to Automate Financing Origination and Approval Framework across 500+ Branches. Meezan Bank, Pakistan's first and largest Islamic bank has selected BenchMatrix Solutions W.L.L. -a Bahrain based advisory servi
Published 01 Apr, 2017 12:00am
FBR to charge 15.5 percent ST on motor spirit

FBR to charge 15.5 percent ST on motor spirit

Federal Board of Revenue (FBR) will continue to charge 15.5 per cent sales tax on motor spirit as compared to standard rate of 17 per cent from April 1, 2017. According to an SRO 223(1)/2017 issued by the FBR here on Friday, sales tax on kerosene would re
Published 01 Apr, 2017 12:00am
Pakistan significantly contributed towards peace, stability: CoAS

Pakistan significantly contributed towards peace, stability: CoAS

General Qamar Javed Bajwa, Chief of Army Staff (CoAS) visited National Counter Terrorism Centre (NCTC) Pabbi near Mangla Friday. CoAS met foreign military teams participating in 2nd Pakistan Army Team Spirit Competition (PATS) being held near Mangla from
Published 01 Apr, 2017 12:00am
AGP has no mandate to conduct audit of NTS: Dr Sherzada

AGP has no mandate to conduct audit of NTS: Dr Sherzada

Chief Executive Officer (CEO) National Testing Service, Dr Sherzada Khan said on Friday that Auditor General of Pakistan (AGP) has no mandate to conduct the audit of NTS, as the government is not providing funds to the company. Addressing a press conferen
Published 01 Apr, 2017 12:00am
All set for auctioning NGMS spectrum on May 16

All set for auctioning NGMS spectrum on May 16

Pakistan Telecommunication Authority (PTA) is all set to hold auction for Next Generation Mobile Services (NGMS) spectrum (3G/4G) on May 16, 2017 targeted to generate over Rs 32 billion non-tax revenue. PTA has released Information Memorandum (IM) for the
Published 01 Apr, 2017 12:00am
Lawmakers for implementing SDG-2

Lawmakers for implementing SDG-2

Parliamentarians from different political parties made commitments on Friday to end hunger and malnutrition from the country by ensuring implementation of Sustainable Development Goal-2 during a national dialogue organised here by Scaling Up Nutrition Civ
Published 01 Apr, 2017 12:00am
PC Peshawar arranges Spring Festival

PC Peshawar arranges Spring Festival

Pearl Continental Peshawar has arranged a four-day Spring Festival on its Green Lawn, which was decorated as per the theme. All the four provinces of Pakistan are represented in Spring Festival and Food and Culture depicting the true colours of Pakistan i
Published 01 Apr, 2017 12:00am
'Prime Minister to inaugurate Green Line bus service in May'

'Prime Minister to inaugurate Green Line bus service in May'

Governor Sindh Muhammed Zubair reviewed the progress of the Green Line mass transit project for Karachi on Friday, terming it the first modern transit service initiative for the city in the last five decades. Governor Zubair visited the construction site
Published 01 Apr, 2017 12:00am
Article-IV consultation: Dar joins delegation in Dubai to meet IMF team

Article-IV consultation: Dar joins delegation in Dubai to meet IMF team

Finance Minister Ishaq Dar has reached Dubai on Friday to join the Pakistan delegation for the ongoing Article-IV consultations with the IMF team. Dar is leading the Pakistan side and Harald Finger, IMF Mission Chief to Pakistan is leading the IMF team. T
Published 01 Apr, 2017 12:00am
JI Karachi chief arrested, released after protest against KE

JI Karachi chief arrested, released after protest against KE

Police arrested Ameer of Jamaat-e-Islami (JI) Karachi chapter Hafiz Naeemur Rehman on Friday after he gave a protest call for a rally and sit-in on Shahrah-e-Faisal to protest against K-Electric. Later, he was released after detention at Brigade Police St
Published 01 Apr, 2017 12:00am
Rs 50 billion issued to control power shortfall

Rs 50 billion issued to control power shortfall

In the wake of escalating electricity load shedding, the government on Friday issued Rs 50 billion to control power shortfall that has reached 4700 megawatts. Traumatizing power cuts are gradually increasing across the country despite tall claims by the g
Published 01 Apr, 2017 12:00am
Musharraf's property case: Hearing adjourned till May 5

Musharraf's property case: Hearing adjourned till May 5

Over an objection petition filed by Begum Sehba Pervez Musharraf against confiscation of her husband's properties in the wake of a high treason case against him, the Special Court on Friday asked the prosecutor and Musharraf's wife to file synopsis of the
Published 01 Apr, 2017 12:00am
Blasphemous contents: FIA asked to take action against bloggers

Blasphemous contents: FIA asked to take action against bloggers

Disposing of a contempt plea over posting of blasphemous contents on social media on Friday, Islamabad High Court (IHC) on Friday issued directives to Federal Investigation Agency (FIA) to take action against five bloggers.
Published 01 Apr, 2017 12:00am
Corps Commander, Shahbaz discuss Radd-ul-Fasaad

Corps Commander, Shahbaz discuss Radd-ul-Fasaad

Lahore Corps Commander Lieutenant General Mohammad Sadiq Ali called on Punjab Chief Minister Shahbaz Sharif here Friday at a meeting to exchange ideas on professional issues, security issues and Operation Radd-ul-Fasaad. The meeting expressed satisfaction
Published 01 Apr, 2017 12:00am
Cotton climbs 1.5 percent on demand for old crop
Cotton

Cotton climbs 1.5 percent on demand for old crop

ICE cotton futures jumped about 1.5 percent on Friday after touching an over one-month low earlier in the session, supported by demand for the natural fibre even as federal data indicated an increase in the planting area for the crop this year. The May co
Published 01 Apr, 2017 12:00am
Rubber rises

Rubber rises

Benchmark Tokyo rubber futures rose on Friday as gains on Wall Street boosted investor risk appetite, but posted losses for the week and the month on continued decline in the Shanghai market as speculators unwound their long positions. The Tokyo Commodity
Published 01 Apr, 2017 12:00am
Oil retreats, set to become 1st quarter's worst-performing asset

Oil retreats, set to become 1st quarter's worst-performing asset

Oil prices fell on Friday after a three-day rally ran out of steam as a higher US rig count signalled rising production from shale, contributing to the global supply glut. Prices have been locked within a range during the first quarter as traders searched
Published 01 Apr, 2017 12:00am
US MIDDAY: soya futures crumble

US MIDDAY: soya futures crumble

US soyabean futures fell to fresh five-month lows on Friday after the US Department of Agriculture said spring plantings would set an all-time high above traders' expectations. Farmers in arid Plains states and elsewhere are shifting to plant soyabeans, i
Published 01 Apr, 2017 12:00am
US MIDDAY: gold posts best quarter in a year

US MIDDAY: gold posts best quarter in a year

Gold notched a quarterly gain of about 8.4 percent on Friday, marking its best quarter in a year, as uncertainty over US President Donald Trump's tax and investment plans and elections in Europe fuelled demand for bullion as a safe haven. Gold rebounded f
Published 01 Apr, 2017 12:00am
Russian team visits North Waziristan

Russian team visits North Waziristan

It is quite heartening to note that Deputy Colonel General Israkov Sergi Yuryevich has headed a Russian military delegation that visited North Waziristan Agency on Thursday. The Russian delegation was briefed about the Pakistan-Afghanistan border manageme
Published 01 Apr, 2017 12:00am
Law firm at heart of Panama Papers a shadow of its former self

Law firm at heart of Panama Papers a shadow of its former self

Panama has a new tourist attraction: the building hosting the offices of the Mossack Fonseca law firm at the heart of the Panama Papers scandal. That is why, workers there say, the sign announcing the firm has been taken down from where it used to be outs
Published 01 Apr, 2017 12:00am
Confronting the challenges of international business disputes

Confronting the challenges of international business disputes

Many challenges may be posed by international business transactions in the form of disputes and litigation arising out of international sales contracts. The factors that disturb the attorneys are the following:
Published 01 Apr, 2017 12:00am
CPEC the game-changer?

CPEC the game-changer?

China Pakistan Economic Corridor (CPEC) is all about connectivity, energy availability, infrastructure development and development of special economic zones. And all these are the assets of Pakistan paid for against loans from China. They make Pakistan an
Published 01 Apr, 2017 12:00am
Boycott of IPU in Dhaka

Boycott of IPU in Dhaka

Ever since its creation in 1971, the Bangladesh's relationship with Pakistan has been on a roller coaster. It is cordial and productive whenever political parties other than Awami League is not in power. But let Awami League come to power, the government
Published 01 Apr, 2017 12:00am
Sane advice

Sane advice

In contrast with the hype against the Afghan government in the Pakistani media, National Security Adviser Lieutenant General Nasser Janjua (retd) has proffered some sane advice vis-à-vis the approach to relations with Kabul. He counsels a cool-headed appr
Published 01 Apr, 2017 12:00am
The Weather

The Weather

The weather report on Friday (March 31, 2017) and the forecast for Saturday (April 01, 2017).

Published 01 Apr, 2017 12:00am
Major reshuffle in bureaucracy

Major reshuffle in bureaucracy

In a major reshuffle at top level bureaucracy, the government has transferred a number of federal secretaries. According to the Establishment Division, Secretary Water & Power Mohammad Younus Dagha has been transferred and given new assignment as the secr
Published 01 Apr, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (March 31, 2017).

Published 01 Apr, 2017 12:00am
Major reshuffle in bureaucracy

Major reshuffle in bureaucracy

In a major reshuffle at top level bureaucracy, the government has transferred a number of federal secretaries. According to the Establishment Division, Secretary Water & Power Mohammad Younus Dagha has been transferred and given new assignment as the secr
Published 01 Apr, 2017 12:00am
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