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Mar 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-05-22
Iran scorns Trump after speech, arms deal

Iran scorns Trump after speech, arms deal

Iranian Foreign Minister Mohammad Javad Zarif on Sunday criticised US President Donald Trump for sealing an arms deal and other investments worth hundreds of billions of dollars with Saudi Arabia, Tehran's arch-rival in the Middle East. Zarif's comments c
Published 22 May, 2017 12:00am
Trump tells leaders to 'drive out' extremists

Trump tells leaders to 'drive out' extremists

President Donald Trump urged Arab and Islamic leaders on Sunday to unite and do their share to defeat Islamist extremists, making an impassioned plea to "drive out" terrorists while toning down his own harsh rhetoric about Muslims. Trump singled out Iran
Published 22 May, 2017 12:00am
Trump tells leaders to 'drive out' extremists

Trump tells leaders to 'drive out' extremists

President Donald Trump urged Arab and Islamic leaders on Sunday to unite and do their share to defeat Islamist extremists, making an impassioned plea to "drive out" terrorists while toning down his own harsh rhetoric about Muslims. Trump singled out Iran
Published 22 May, 2017 12:00am
Gunbattle kills 4 freedom fighters, 3 Indian soldiers

Gunbattle kills 4 freedom fighters, 3 Indian soldiers

India's army says a two-day fight has left four ALLEGED freedom fighters and three Indian soldiers dead close to Line of Control (LOC) Colonel Rajesh Kalia, an army spokesman, says the Indian soldiers intercepted the freedom fighters after they crossed ov
Published 22 May, 2017 12:00am
THE RUPEE: slight gains
Exchange

THE RUPEE: slight gains

A kind of firmness prevailed on the money market as the rupee moved up against the dollar marginally, it, however, slid in terms of the euro during the week, ended on May 20, 2017. The rupee picked up 10 paisas in terms of the dollar for buying and sellin
Published 22 May, 2017 12:00am
THE RUPEE: slight gains
Exchange

THE RUPEE: slight gains

A kind of firmness prevailed on the money market as the rupee moved up against the dollar marginally, it, however, slid in terms of the euro during the week, ended on May 20, 2017. The rupee picked up 10 paisas in terms of the dollar for buying and sellin
Published 22 May, 2017 12:00am
Saudi king slams Iran as 'spearhead of global terrorism'

Saudi king slams Iran as 'spearhead of global terrorism'

Saudi Arabia's King Salman on Sunday accused regional rival Iran of exporting extremist Islamic movements to the world and vowed to eliminate the Islamic State group. "The Iranian regime has been the spearhead of global terrorism since the (Ayatollah Ruho
Published 22 May, 2017 12:00am
Saudi king slams Iran as 'spearhead of global terrorism'

Saudi king slams Iran as 'spearhead of global terrorism'

Saudi Arabia's King Salman on Sunday accused regional rival Iran of exporting extremist Islamic movements to the world and vowed to eliminate the Islamic State group. "The Iranian regime has been the spearhead of global terrorism since the (Ayatollah Ruho
Published 22 May, 2017 12:00am
Profit-taking leads to bearish trend
Exchange

Profit-taking leads to bearish trend

The investors opted to book profit on available margins following the MSCI announcement regarding the inclusion of Pakistan Stock Exchange in its Emerging Market Index. Due to selling pressure, Pakistan Stock Exchange witnessed bearish trend during the ou
Published 22 May, 2017 12:00am
Profit-taking leads to bearish trend
Exchange

Profit-taking leads to bearish trend

The investors opted to book profit on available margins following the MSCI announcement regarding the inclusion of Pakistan Stock Exchange in its Emerging Market Index. Due to selling pressure, Pakistan Stock Exchange witnessed bearish trend during the ou
Published 22 May, 2017 12:00am
Profit-taking leads to bearish trend
Exchange

Profit-taking leads to bearish trend

The investors opted to book profit on available margins following the MSCI announcement regarding the inclusion of Pakistan Stock Exchange in its Emerging Market Index. Due to selling pressure, Pakistan Stock Exchange witnessed bearish trend during the ou
Published 22 May, 2017 12:00am
Futures spread up by 80 basis points

Futures spread up by 80 basis points

The futures spread has increased by 80bps to 9.20 percent during the week ended on May 19, 2017. Trading activities on the futures counter remained thin as average daily trading volumes decreased by 31.9 percent to 32.12 million shares. The average daily
Published 22 May, 2017 12:00am
Futures spread up by 80 basis points

Futures spread up by 80 basis points

The futures spread has increased by 80bps to 9.20 percent during the week ended on May 19, 2017. Trading activities on the futures counter remained thin as average daily trading volumes decreased by 31.9 percent to 32.12 million shares. The average daily
Published 22 May, 2017 12:00am
MPS throws up no big or small surprise
Exchange

MPS throws up no big or small surprise

No surprise in the policy; growth is getting momentum and the private sector credit is picking up. The easing cycle has yielded fruits; as inflation is stable. It is now time to look at the fall in foreign exchange reserves seriously and devise tools to l
Published 22 May, 2017 12:00am
MPS throws up no big or small surprise
Exchange

MPS throws up no big or small surprise

No surprise in the policy; growth is getting momentum and the private sector credit is picking up. The easing cycle has yielded fruits; as inflation is stable. It is now time to look at the fall in foreign exchange reserves seriously and devise tools to l
Published 22 May, 2017 12:00am
MPS throws up no big or small surprise
Exchange

MPS throws up no big or small surprise

No surprise in the policy; growth is getting momentum and the private sector credit is picking up. The easing cycle has yielded fruits; as inflation is stable. It is now time to look at the fall in foreign exchange reserves seriously and devise tools to l
Published 22 May, 2017 12:00am
MPS throws up no big or small surprise
Exchange

MPS throws up no big or small surprise

No surprise in the policy; growth is getting momentum and the private sector credit is picking up. The easing cycle has yielded fruits; as inflation is stable. It is now time to look at the fall in foreign exchange reserves seriously and devise tools to l
Published 22 May, 2017 12:00am
MPS throws up no big or small surprise
Exchange

MPS throws up no big or small surprise

No surprise in the policy; growth is getting momentum and the private sector credit is picking up. The easing cycle has yielded fruits; as inflation is stable. It is now time to look at the fall in foreign exchange reserves seriously and devise tools to l
Published 22 May, 2017 12:00am
Budget fiscal year 2018: proposals presented to Dar

Budget fiscal year 2018: proposals presented to Dar

Finance Minister, Senator Ishaq Dar, chaired a preparatory meeting for the upcoming budget for FY 2017-18 at the Ministry of Finance on Sunday. Secretary Commerce presented budget and tax related proposals for the trade and commerce sector to the Finance
Published 22 May, 2017 12:00am
Budget fiscal year 2018: proposals presented to Dar

Budget fiscal year 2018: proposals presented to Dar

Finance Minister, Senator Ishaq Dar, chaired a preparatory meeting for the upcoming budget for FY 2017-18 at the Ministry of Finance on Sunday. Secretary Commerce presented budget and tax related proposals for the trade and commerce sector to the Finance
Published 22 May, 2017 12:00am
Budget fiscal year 2018: proposals presented to Dar

Budget fiscal year 2018: proposals presented to Dar

Finance Minister, Senator Ishaq Dar, chaired a preparatory meeting for the upcoming budget for FY 2017-18 at the Ministry of Finance on Sunday. Secretary Commerce presented budget and tax related proposals for the trade and commerce sector to the Finance
Published 22 May, 2017 12:00am
Budget fiscal year 2018: proposals presented to Dar

Budget fiscal year 2018: proposals presented to Dar

Finance Minister, Senator Ishaq Dar, chaired a preparatory meeting for the upcoming budget for FY 2017-18 at the Ministry of Finance on Sunday. Secretary Commerce presented budget and tax related proposals for the trade and commerce sector to the Finance
Published 22 May, 2017 12:00am
JIT to present first report today

JIT to present first report today

The joint investigation team (JIT) formed by Supreme Court to probe graft allegations against Prime Minister Nawaz Sharif and his family in Panama Papers case will present its first report before a three-judge bench of apex court today (Monday). The JIT i
Published 22 May, 2017 12:00am
JIT to present first report today

JIT to present first report today

The joint investigation team (JIT) formed by Supreme Court to probe graft allegations against Prime Minister Nawaz Sharif and his family in Panama Papers case will present its first report before a three-judge bench of apex court today (Monday). The JIT i
Published 22 May, 2017 12:00am
Czech central bank chief says no rush to raise rates
Exchange

Czech central bank chief says no rush to raise rates

The Czech central bank does not need to rush with interest rate increases, Governor Jiri Rusnok said on Sunday. "We have to fine tune very lightly the monetary conditions tightening in order not to step on the brake too early," Rusnok said in a television
Published 22 May, 2017 12:00am
Dassault hopes to sell more Rafales to India

Dassault hopes to sell more Rafales to India

French planemaker Dassault Aviation SA hopes to start talks with India by the end of the year for additional sales of its Rafale fighter jet, before full negotiations in 2018, Chief Executive Eric Trappier said in Geneva on Sunday. He also said the compan
Published 22 May, 2017 12:00am
Israel signs $630 million defence deal with India

Israel signs $630 million defence deal with India

Israel announced Sunday it had reached a deal worth $630 million to provide India's navy with missile defence systems, following a record weapons sale between the two countries last month. The new contract will see state-owned Israel Aerospace Industries
Published 22 May, 2017 12:00am
Subaru CEO sees peak in automaker's record R&D spend

Subaru CEO sees peak in automaker's record R&D spend

Japan's Subaru Co says it is unlikely to increase R&D spending from record levels planned this year, acknowledging that smaller carmakers cannot compete with the budgets and workforces of bigger rivals in developing new technologies. Global automakers are
Published 22 May, 2017 12:00am
State of the economy
Cotton

State of the economy

A meeting of the National Accounts Committee under the chairmanship of the Secretary Pakistan Bureau of Statistics (PBS), under the administrative control of the Ministry of Finance, claimed a growth rate of 5.28 percent in the current fiscal year, the hi
Published 22 May, 2017 12:00am
Left hand doesn't know what the right hand is doing!

Left hand doesn't know what the right hand is doing!

The federal government on a summary moved by State Bank of Pakistan of May 4, 2017 has once again decided to restore the amendment in the Banking Companies Ordinance (BCO) 1952, made in 2001, withdrawing the two-term limit on directorship of banks. The de
Published 22 May, 2017 12:00am
Econ 101?

Econ 101?

With the fifth and final year's budget during the current tenure of the Sharif administration expected to be presented to parliament before the onset of Ramazan, ie, in the current week, there is a growing perception among independent economists that the
Published 22 May, 2017 12:00am
Hardliners in US and Iran stand in way of Rouhani reforms

Hardliners in US and Iran stand in way of Rouhani reforms

After his re-election triumph, President Hassan Rouhani must now grapple with a fiercely hostile United States and Hardliners at home as he struggles to build a more moderate and connected Iran. Iran's entrenched conservative establishment - particularly
Published 22 May, 2017 12:00am
Ousting ex-bureaucrats from official homes

Ousting ex-bureaucrats from official homes

This is apropos a Business Recorder news item "India amends law to oust squatting politicians from official homes" carried by the newspaper on Saturday. According to it, India has redrafted a law to allow politicians to be forcibly removed from off
Published 22 May, 2017 12:00am
PML-N deceiving tribesmen by delaying merger: Sherpao

PML-N deceiving tribesmen by delaying merger: Sherpao

Qaumi Watan Party Central Chairman Aftab Ahmed Khan Sherpao has said that the ruling Party is deceiving the people of FATA by delaying merger of Federal Administer Tribal Areas with Khyber Pakhtunkhwa which created sense of deprivation among the populatio
Published 22 May, 2017 12:00am
QWP condemns conspiracies against Fata-KP merger

QWP condemns conspiracies against Fata-KP merger

Khyber Pakhtunkhwa Senior Minister for Irrigation and Provincial Chairman Qoumi Watan Party (QWP) has condemned the conspiracies of the federal government and its coalition partners against the merger of FATA in the province. Addressing a public meeting i
Published 22 May, 2017 12:00am
SBP urged to paint true picture of economy
Exchange

SBP urged to paint true picture of economy

Islamabad Chamber of Small Traders on Sunday said the Central bank should not hide economic realities from the masses to please authorities. It is not anticipated that such an institution will try to play with the facts and figures as knowing correct situ
Published 22 May, 2017 12:00am
Social media activists: Imran warns of protest if action not stopped

Social media activists: Imran warns of protest if action not stopped

Chairman of Pakistan Tehreek-e-Insaf (PTI), Imran Khan has warned the government on Sunday to taking to roads if action against social media activists is not stopped. A message posted on Twitter stated, "We will take to the streets if action taken against
Published 22 May, 2017 12:00am
Five mortar shells fired from Iran land in Chaghai

Five mortar shells fired from Iran land in Chaghai

Five mortar shells fired from Iran landed in Balochistan's Chaghai area on Sunday, Pakistani security officials said. Officials added that no casualty was reported in the incident. Last month, ten Iranian border guards were killed by militants said to be
Published 22 May, 2017 12:00am
Four terrorists killed, two held in Awaran: ISPR
Exchange

Four terrorists killed, two held in Awaran: ISPR

At least four miscreants were killed and two others were apprehended by law enforcement agencies in Balochistan's Awaran district on Saturday night, said Inter Services Public Relations (ISPR). According to the details, law enforcement agencies carried ou
Published 22 May, 2017 12:00am
Kamal threatens to shut down Karachi if demands not met

Kamal threatens to shut down Karachi if demands not met

Pak Sarzameen Party (PSP) Chairman Mustafa Kamal announced on Sunday that they will shut down Karachi if 16 demands are not met. During a press conference in Karachi, the PSP leader said that they will not compromise on their children's right to water, ed
Published 22 May, 2017 12:00am
PML-F leader Nawab Rashid Khan joins PSP

PML-F leader Nawab Rashid Khan joins PSP

Pakistan Muslim League-Fuctional (PML-F)'s leader Nawab Rashid Ali Khan on Sunday announced to join Pak Sarzameen Party (PSP). Addressing a press conference at Pakistan House in Karachi, Kamal termed the joining of Nawab Rashid Ali Khan as an auspicious m
Published 22 May, 2017 12:00am
AGP detects eight cases of non-recovery of charges by KP PSEs

AGP detects eight cases of non-recovery of charges by KP PSEs

The Auditor General of Pakistan (AGP) detected eight cases of the non-recovery of extension charges and outstanding amount to the tune of Rs 194.45 million in the Public Sector Enterprises (PSEs) of the government of Khyber Pakhtunkhwa during financial ye
Published 22 May, 2017 12:00am
India planning to ban Hurriyet Conference: Mirwaiz

India planning to ban Hurriyet Conference: Mirwaiz

Hurriyet forum Chairman, Mirwaiz Umar Farooq has said that the Indian government is planning to ban Hurriyet Conference. Mirwaiz Umar Farooq in a media interview said that the campaign to malign Hurriyet and the ongoing movement in Kashmir by Indian media
Published 22 May, 2017 12:00am
Plastic factory: firefighters take six hours to extinguish fire

Plastic factory: firefighters take six hours to extinguish fire

The fire which broke out in a plastic factory in Labour Square area of SITE on Sunday morning was finally extinguished after six hours of effort by fire brigade personnel. The fire has reportedly caused millions of loss. No labourers were present inside t
Published 22 May, 2017 12:00am
PTI disowns MNA's statement about Malala Yousafzai

PTI disowns MNA's statement about Malala Yousafzai

Pakistan Tehreek-e-Insaf (PTI) on Sunday disowned the statement by its controversial woman MNA from Swat about Nobel laureate Malala Yousafzai, saying her statement has nothing to do with the party policy. The female PTI MNA is not in good terms within th
Published 22 May, 2017 12:00am
WRIT to online monitor over 0.2 million WHT agents

WRIT to online monitor over 0.2 million WHT agents

The Federal Board of Revenue (FBR) has equipped its field formations with a new software i.e. WRIT to online monitor over 0.2 million withholding agents to ensure collection and deduction of withholding tax (WHT) by agents on real time basis. Sources said
Published 22 May, 2017 12:00am
USAID provincial director calls on UAF VC
Exchange

USAID provincial director calls on UAF VC

USAID Provincial Director for Punjab Alison McFarland has called on University of Agriculture Faisalabad Vice Chancellor Prof Dr Iqrar Ahmad at Syndicate Room, UAF and discussed the ongoing projects and area of mutual concern.
Published 22 May, 2017 12:00am
Minister for complying service delivery standards

Minister for complying service delivery standards

Punjab Minister for Primary and Secondary Healthcare Khawaja Imran Nazir directed the Medical Superintendents (MS) of District and Tehsil Headquarters Hospitals to ensure compliance with Minimum Service Delivery Standards prepared by the Punjab Healthcare
Published 22 May, 2017 12:00am
Dairy association's delegation calls Ishaq Dar

Dairy association's delegation calls Ishaq Dar

A delegation of the Pakistan Dairy Association called on the Finance Minister, Ishaq Dar at the Ministry of Finance on Sunday. The delegation briefed the Finance Minister on the current profile of the dairy sector in Pakistan. They also presented budget-r
Published 22 May, 2017 12:00am
Indian national arrested in Islamabad

Indian national arrested in Islamabad

An Indian national was arrested from the federal capital on Sunday. According to a report, he was arrested from F-8 area of Islamabad over possessing incomplete travel documents. A case has been filed against him under Article 14 of the Foreign Act. The I
Published 22 May, 2017 12:00am
Rain turns Lahore's weather pleasant

Rain turns Lahore's weather pleasant

Light rain accompanied by dust storm on Saturday night brought the maximum mercury down in Lahore from 42 degree Celsius to 27 and its surrounding areas. The cool breeze and light rain provided much needed relief to the citizens on Sunday as they thronged
Published 22 May, 2017 12:00am
India's 'new Silk Road' snub highlights gulf with China

India's 'new Silk Road' snub highlights gulf with China

China invited Indian Prime Minister Narendra Modi and six cabinet colleagues to its "new Silk Road" summit this month, even offering to rename a flagship Pakistani project running through disputed territory to persuade them to attend, a top official in Mo
Published 22 May, 2017 12:00am
Chinese firm to deliver first OLM train in July

Chinese firm to deliver first OLM train in July

Pakistan will say goodbye to the days without subways and light rail as the first of 27 trains designed for Orange Line Metro in Lahore, would be delivered by a Chinese company to the Punjab government authorities in July this year. The remaining 26 will
Published 22 May, 2017 12:00am
Kulbhushan destined to be executed: JI chief

Kulbhushan destined to be executed: JI chief

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has said that Indian spy Kulbhushan was destined to be executed whether the government liked it or not. Replying to questions from newsmen at the JI Youth election camp at Mohlanwal on Sunday, he sa
Published 22 May, 2017 12:00am
Iran military delegation arrives
Exchange

Iran military delegation arrives

A high-ranking Iranian military delegation from 'Supreme National Defence University' of the country, carrying the message of 'peace and friendship', arrived here on Sunday. Admiral Fariborz Qadirpanah is leading the seven-member Iranian delegation to Isl
Published 22 May, 2017 12:00am
Marriyum meets Shahbaz

Marriyum meets Shahbaz

Minister of State on Information and Broadcasting, Marriyum Aurangzeb met Punjab Chief Minister Muhammad Shahbaz Sharif, here Sunday. Speaking on the occasion Punjab Chief Minister said that Pakistan of 2017 is more prosperous, developed and safe than the
Published 22 May, 2017 12:00am
Vacant foreign students' seats to be offered to locals on merit: PMDC

Vacant foreign students' seats to be offered to locals on merit: PMDC

Pakistan Medical and Dental Council (PMDC) has said that seats of medical and dental colleges not filled by foreign graduates will be converted into local open merit seats with local student fee schedule. According to an official of PMDC, if any seat of f
Published 22 May, 2017 12:00am
IGP seeks traffic management plan for Ramazan

IGP seeks traffic management plan for Ramazan

Inspector General of Police (IGP-Sindh) AD Khowaja has directed AIG-Traffic to submit a detailed Traffic Management Plan for Karachi during the holy month of Ramazan. In his directives issued here Sunday he also sought fool proof security arrangements at
Published 22 May, 2017 12:00am
Government carried out record development projects: Saad

Government carried out record development projects: Saad

Railways Minister Khawaja Saad Rafique said on Sunday that record development projects had already been executed by the PML-N government and political opponents could not hamper the journey of progress and prosperity. Addressing several corner meetings in
Published 22 May, 2017 12:00am
Corruption mother of all evils: NAB chief

Corruption mother of all evils: NAB chief

The Chairman of National Accountability Bureau (NAB) Qamar Zaman Chaudhry has said that the initiatives taken by the present management of NAB has started yielding good result. In a statement on Sunday, he said that the NAB has rejuvenated to eradicate co
Published 22 May, 2017 12:00am
'Extracurricular activities vital to polish personality of students'

'Extracurricular activities vital to polish personality of students'

Principal Post Graduate Medical Institute and Ameer-ud-Din Medical College (AMC) Prof. Ghiyas-un-Nabi Tayyab has said that extracurricular activities play vital role to polish the personality of students. Medical students have to burn midnight oil for att
Published 22 May, 2017 12:00am
KWSB damages KE underground EHT cable

KWSB damages KE underground EHT cable

Power supply in select areas experienced partial interruption as K-Electric's underground EHT cables were damaged due to KWSB operations near Machi Miani road near Kharadar area. Due to the damage, power supply in some areas of Old Town, West Wharf, Lyari
Published 22 May, 2017 12:00am
Cotton yarn, cloth production up in nine months
Cotton

Cotton yarn, cloth production up in nine months

Domestic production of cotton yarn and cotton cloth grew by 0.78 percent and 0.51 percent respectively during first three quarters of current financial year as compared the production of corresponding period of last year.
Published 22 May, 2017 12:00am
Pakistan values partnership with OIE for livestock development: Bosan

Pakistan values partnership with OIE for livestock development: Bosan

Pakistan greatly values its partnership with World Organisation for Animal Health (OIE) for its livestock development, disease control and overall poverty alleviation. This was stated by Federal Minister for National Food Security and Research Sikandar Ha
Published 22 May, 2017 12:00am
NATO weapons, Indian currency recovered from MQM's secret offices

NATO weapons, Indian currency recovered from MQM's secret offices

Security forces recovered dangerous NATO weapons and large cache of money including Indian, Pakistani and foreign currency unearthing more hidden networks of Muttahida Qaumi Movement-London in Islamabad's Top City Housing Society.
Published 22 May, 2017 12:00am
North Korea fires another ballistic missile despite sanctions threats

North Korea fires another ballistic missile despite sanctions threats

North Korea Sunday test-fired a ballistic missile, the latest in a series of launches which have sparked international condemnation and threats of tougher UN sanctions. South Korea described the launch, the second in a week and the 10th this year, as "rec
Published 22 May, 2017 12:00am
Tillerson says US pressure on North Korea in 'early stages'

Tillerson says US pressure on North Korea in 'early stages'

US Secretary of State Rex Tillerson warned Sunday that the United States was still in the "early stages" of applying pressure on Pyongyang, after yet another North Korean missile test in defiance of international sanctions. The test of what the US militar
Published 22 May, 2017 12:00am
Tunisia protesters close second oil pump station in south

Tunisia protesters close second oil pump station in south

Tunisian protesters demanding jobs and a share in energy wealth have closed down another oil pumping station in defiance of government efforts to protect oil and gasfields with troops and negotiate an end to unrest. Protesters peacefully shut a pumping st
Published 22 May, 2017 12:00am
Britain's EU 'no deal' threat is genuine, says Brexit minister Davis

Britain's EU 'no deal' threat is genuine, says Brexit minister Davis

Britain is prepared to walk away from divorce talks with the European Union without a deal, Brexit minister David Davis said on Sunday, but stressed that he thought an agreement was the most likely outcome. Talks will begin next month on untangling Britai
Published 22 May, 2017 12:00am
UK Conservatives lose ground after manifesto launches

UK Conservatives lose ground after manifesto launches

British Prime Minister Theresa May's Conservatives have lost some of their substantial lead over the opposition Labour party, opinion polls showed Sunday after both sides published their manifestos for the June 8 election. The governing centre-right party
Published 22 May, 2017 12:00am
Bangladesh 'militants' surrender after Facebook plea

Bangladesh 'militants' surrender after Facebook plea

Five young Bangladeshis accused of being Islamist militants surrendered to authorities Sunday, an official said, after a lengthy siege that prompted questions about heavy-handed police tactics. Elite counter-terror troops surrounded a one-storey house in
Published 22 May, 2017 12:00am
Iran reformists sweep Tehran council elections

Iran reformists sweep Tehran council elections

Iran's reformists have swept to the power in Tehran's city council, winning all 21 seats and knocking the conservatives from power, local media reported on Sunday. It was another boost to the reformist camp after the resounding re-election of President Ha
Published 22 May, 2017 12:00am
Iran reformist sweep Tehran Council elections

Iran reformist sweep Tehran Council elections

Iran's defeated hardline candidate Ebrahim Raisi denounced numerous "violations" in the conduct of Friday's election that saw the re-election of President Hassan Rouhani, and called for an investigation. In a letter to the Guardian Council, which oversees
Published 22 May, 2017 12:00am
Qantas A380 turns back to LA after engine fails

Qantas A380 turns back to LA after engine fails

A Qantas A380 ferrying hundreds of passengers from Los Angeles to Melbourne has been forced to turn back after an engine failure, the airline said Sunday. The QF94 service was two hours into its trip on Friday evening when the pilot was forced to abort th
Published 22 May, 2017 12:00am
Syria regime regains total control of Homs city

Syria regime regains total control of Homs city

The Syrian regime on Sunday regained total control of the central city of Homs with the evacuation of rebels from the last area they had controlled. The Russian-supervised evacuation of the Waer district was the latest blow to the insurgents by regime tro
Published 22 May, 2017 12:00am
Bomb attack on Syrian Islamist rebel group kills 14

Bomb attack on Syrian Islamist rebel group kills 14

A bomb attack killed at least 14 Syrian insurgents at a headquarters for the powerful Islamist Ahrar al-Sham group on Sunday, the Syrian Observatory for Human Rights monitoring group said. Two blasts hit the base in a village east of Saraqeb in Idlib prov
Published 22 May, 2017 12:00am
Indian woman tops Everest twice in week, breaks record

Indian woman tops Everest twice in week, breaks record

An Indian climber Sunday reached the summit of Mount Everest for the second time in less than a week, her expedition team said, setting a women's record for a double ascent of the world's highest mountain in a single season. Anshu Jamsenpa, 37, returned f
Published 22 May, 2017 12:00am
American climber dies on Everest, Indian missing

American climber dies on Everest, Indian missing

An American climber died Sunday on his way to the summit of Mount Everest, expedition organisers said, the latest death to mar the ongoing climbing season. The 50-year-old mountaineer died close to the Balcony, a small platform above the 8,000-metre mark
Published 22 May, 2017 12:00am
Australia declares game-up for 'fake refugees'

Australia declares game-up for 'fake refugees'

Australia Sunday gave 7,500 boatpeople until October to file a claim proving they are genuine refugees or be kicked out, declaring the "game is up" for illegal arrivals ripping off taxpayers. Before the conservatives took power and adopted a tough line on
Published 22 May, 2017 12:00am
Spain's divided Socialists choose new leader

Spain's divided Socialists choose new leader

Spain's bitterly divided Socialist party voted Sunday to choose a new leader, in a poll that may determine if conservative Prime Minister Mariano Rajoy's minority government will last. The contest is widely seen as a two-way race between Susana Diaz, the
Published 22 May, 2017 12:00am
German and Afghan killed, Finnish woman kidnapped in Kabul

German and Afghan killed, Finnish woman kidnapped in Kabul

A German aid worker and an Afghan guard were killed and a Finnish woman kidnapped as gunmen stormed an international guest house in central Kabul, officials said Sunday. No group has so far claimed responsibility for the attack late Saturday on the guest
Published 22 May, 2017 12:00am
Taliban raid kills 20 policemen

Taliban raid kills 20 policemen

At least 20 Afghan policemen were killed early Sunday when Taliban fighters stormed multiple security outposts in the volatile southern province of Zabul, officials said, as the insurgents escalate their annual spring offensive. Local officials made despe
Published 22 May, 2017 12:00am
Suspected Boko Haram jihadists kill 6 in Nigeria

Suspected Boko Haram jihadists kill 6 in Nigeria

Suspected Boko Haram jihadists killed six people fighting alongside the military in two separate incidents in north-east Nigeria, vigilantes told AFP Sunday. Four of the slain vigilantes were hunting in the bush near a camp for internally displaced people
Published 22 May, 2017 12:00am
Cuba dismisses Trump criticism as 'ridiculous'

Cuba dismisses Trump criticism as 'ridiculous'

Cuban state television responded to a statement by US President Donald Trump on Saturday - railing against "cruel despotism" in the Caribbean country and advocating democracy - by calling it "ridiculous." Trump's words came in a tribute on Cuban Independe
Published 22 May, 2017 12:00am
Erdogan vows fight against enemies as returns to lead party

Erdogan vows fight against enemies as returns to lead party

President Tayyip Erdogan pledged to fight Turkey's enemies at home and abroad on Sunday as he was elected leader of the ruling AK Party, a move enabling him to reassert his grip on the party and its legislative work. Erdogan, who founded the Islamist-root
Published 22 May, 2017 12:00am
Swiss vote for gradual nuclear phaseout, energy makeover

Swiss vote for gradual nuclear phaseout, energy makeover

The Swiss voted Sunday in favour of a massive overhaul of the country's energy system by gradually replacing the power from its ageing nuclear reactors with renewable sources. A full 58.2 percent of Swiss voters supported the shift, according to a final t
Published 22 May, 2017 12:00am
DIG traffic visits FPCCI

DIG traffic visits FPCCI

Deputy Inspector General (DIG) Traffic Police Asif Ejaz Shaikh on Sunday vowed to ensure smooth flow of traffic during the holy month of Ramazan. He made this pledge during his visit to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
Published 22 May, 2017 12:00am
Mother dies, daughter, father hurt as trawler hits bikes

Mother dies, daughter, father hurt as trawler hits bikes

A 42 year old woman Yasmin w/o Abdul Mannan lost her life as a trawler, negotiating a dangerous turn, hit two motor-cycles near Defence More area here on Sunday evening. The accident left five other injured including Yasmin's husband Abdul Mannan and daug
Published 22 May, 2017 12:00am
Punjab to have people-friendly budget: CM

Punjab to have people-friendly budget: CM

Punjab Chief Minister Shahbaz Sharif Sunday presided over a meeting which reviewed proposals of provincial budget for the new financial year 2017-18 and priorities of Annual Development Programme 2017-18 in detail. Addressing the meeting, Shahbaz Sharif s
Published 22 May, 2017 12:00am
Shahbaz reviews health sector's projects

Shahbaz reviews health sector's projects

Punjab Chief Minister Muhammad Shahbaz Sharif presided over a level meeting which reviewed development of health sector, reforms in 40 hospitals of the province and installation of incinerators regarding hospital waste management. According approval to se
Published 22 May, 2017 12:00am
President commends Banking Mohtasib

President commends Banking Mohtasib

Banking Mohtasib Anis-ul-Hassnain paid a farewell call on President Mamnoon Hussain, here on Sunday and apprised him about the performance of his institution. On the occasion, the President commended Banking Mohtasib on discharging his responsibilities wi
Published 22 May, 2017 12:00am
Slain cop's funeral prayers held

Slain cop's funeral prayers held

Funeral of Head Constable, Raja Younus, killed in an ambush in Bahadurabad here last night, was offered at Police Headquarters Garden - South here Sunday. A contingent of special police force presented guard of honour to the slain cop and laid floral wrea
Published 22 May, 2017 12:00am
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