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Print - 2017-06-24
Dr Azhar becomes KU Syndicate member

Dr Azhar becomes KU Syndicate member

Professor Dr Iqbal Azhar, Dean of Karachi University's Faculty of Pharmacy, has been appointed as the member of the institution's Syndicate from the Deans' constituency. The appointment has been made by the Governor of Sindh, Muhammad Zubair, who is also
Published 24 Jun, 2017 12:00am
Rains likely during Eid holidays

Rains likely during Eid holidays

Met Office has predicted the onset of monsoon in Pakistan during the coming week and said that rain/thundershowers are also expected at scattered places in Islamabad, Upper Punjab, Upper KP, & Kashmir during Eid Holidays (Monday-Wednesday).
Published 24 Jun, 2017 12:00am
EMI Pakistan to release three music videos after Eid

EMI Pakistan to release three music videos after Eid

As the month of Ramazan comes to a close EMI Pakistan is busy preparing to release songs, videos and albums by 3 veteran Pakistani artists. The month of July will first see Schaz Khan's video release for her song called "Mein Udaan Hoon". Following this,
Published 24 Jun, 2017 12:00am
Monsoon causing eye diseases among children: Al-Shifa Trust

Monsoon causing eye diseases among children: Al-Shifa Trust

Eye infections become very common during the season of monsoon especially hitting children and resulting in serious problems due to lack of healthcare facilities and low level of awareness, Therefore parents and teachers should keep an eye on signs of vis
Published 24 Jun, 2017 12:00am
Administrator visits Dar-ul-Sukun

Administrator visits Dar-ul-Sukun

Dar-ul-Sukun is a unique institute serving the humanity in distress which is home to physically and mentally challenged children and adult. Dar-ul-Sakoon invited Administrator DHA for Iftar reception at their setup. The DHA Administrator visited Dar-ul-Su
Published 24 Jun, 2017 12:00am
Mohmand Political Administration releases 11 prisoners ahead of Eid

Mohmand Political Administration releases 11 prisoners ahead of Eid

The Political Administration (PA) of Mohmand Agency on Friday releases 11 prisoners, mostly detained for petty issues, to facilitate them to celebrate the Eid-ul-Fitr with family members. The prisoners were released on the directives issued by the politic
Published 24 Jun, 2017 12:00am
Bank Alfalah entity rating upgraded

Bank Alfalah entity rating upgraded

The Pakistan Credit Rating Agency (PACRA) has upgraded the Entity and TFCs rating of Bank Alfalah Limited. The Bank's Long Term Entity Rating was upgraded to AA+ (Double A Plus) from the previous rating of AA (Double A), while its Long Term Debt Instrumen
Published 24 Jun, 2017 12:00am
Children Hospital's extension block being inaugurated today

Children Hospital's extension block being inaugurated today

With 600 beds and 16 operation theatres, the newly constructed extension block of Children Hospital is being inaugurated on Saturday (today). Dean Children Hospital Professor Masood Sadiq and Medical Director Professor Ahsan Waheed Rathore said, here on F
Published 24 Jun, 2017 12:00am
Lawyer's wife case: LHC holds in camera proceedings

Lawyer's wife case: LHC holds in camera proceedings

The Lahore High Court held in camera proceedings in a habeas corpus seeking recovery of a lawyer's wife Ayesha and her son, and adjourned the hearing to July 12. Ms Zareena Bibi, mother of Ayesha, approached the LHC for recovery of her daughter and grands
Published 24 Jun, 2017 12:00am
Operating through PIA: Two drug trafficking gangs busted

Operating through PIA: Two drug trafficking gangs busted

The Anti-Narcotics Force (ANF) Friday claimed to have unearthed two organized drug trafficking gangs operating through Pakistan International Airlines (PIA) during the last three months and also made several arrests. ANF Director General (DG) Major Genera
Published 24 Jun, 2017 12:00am
Poverty alleviation: Participation of society pivotal: President

Poverty alleviation: Participation of society pivotal: President

President Mamnoon Hussain on Friday said that participation of the society was of pivotal importance in the process of alleviation of poverty apart from the right policies at the state level. He was addressing an Iftar dinner hosted for the non-government
Published 24 Jun, 2017 12:00am
Moon-sighting controversy may persist as Popalzai convenes meeting today

Moon-sighting controversy may persist as Popalzai convenes meeting today

The controversy of celebrating two Eids in the country is likely to prevail this year too, as Masjid Qasim Ali Khan, Peshawar has called a meeting for moon-sighting committee today (Saturday), and is expected to announce Eid-ul-Fitar on Sunday. A spokesma
Published 24 Jun, 2017 12:00am
Terrorists deserve no mercy: Prime Minister

Terrorists deserve no mercy: Prime Minister

Prime Minister Nawaz Sharif Friday strongly condemned an act of terrorism in Quetta that resulted in loss of innocent lives and injured several others. The Prime Minister directed the authorities at federal and provincial levels to hunt down the perpetrat
Published 24 Jun, 2017 12:00am
Juma-tul-wida, Al-Quds Day observed in Lahore amid tight security

Juma-tul-wida, Al-Quds Day observed in Lahore amid tight security

Jumatul-Wida, the last Friday of the holy month of Ramazan, and Al-Quds Day were observed in the provincial metropolis amid tight security arrangements. Heavy contingents of police were around all mosques, shrines, imambargahs, churches and other sensitiv
Published 24 Jun, 2017 12:00am
Youm-ul-Quds observed with religious fervour

Youm-ul-Quds observed with religious fervour

Like other parts of the country Youm-ul-Quds and Jumatul-Wida (last Friday of holy month of Ramazan) was observed with religious enthusiasm in the federal capital amid tight security arrangements. People offered Friday prayers in mosques wherein the faith
Published 24 Jun, 2017 12:00am
Only 68 members attend National Assembly budget session

Only 68 members attend National Assembly budget session

The 43rd budget session of the National Assembly was marred by protests, walkouts, boycotts, lack of quorum and poor attendance from the Treasury benches with only 68 members (20 percent) out of 342 taking part in the debate. The number of walkouts and pr
Published 24 Jun, 2017 12:00am
LHC directs Hajj director to appear in person

LHC directs Hajj director to appear in person

The Lahore High Court (LHC) on Friday directed the director Hajj to appear before the court on June 29 in a petition challenging the Hajj policy 2017. The petitioners Hajj operators through their counsel submitted that while allocating Hajj quota the gove
Published 24 Jun, 2017 12:00am
Shopping gains momentum ahead of Eid

Shopping gains momentum ahead of Eid

With only two or three days left for the Eid-ul-Fitr, the city has been caught by Eid shopping fever with modern and traditional shopping malls bustling with shoppers from all strata. Thousands of people are purchasing items of their own choice with huge
Published 24 Jun, 2017 12:00am
ICMAP SAF sign MoU to develop volunteer programme

ICMAP SAF sign MoU to develop volunteer programme

Institute of Cost & Management Accountants (ICMA) Pakistan and Shahid Afridi Foundation (SAF) have signed a Memorandum of Understanding (MoU), under which ICMA Pakistan as strategic partner of SAF would synergize to create, develop and maintain SAF Boom B
Published 24 Jun, 2017 12:00am
Banks disburse Rs 18 billion under PMYBL

Banks disburse Rs 18 billion under PMYBL

Banks have disbursed over Rs 18 billion under the Prime Minister Youth Business Loan (PMYBL) Scheme upto March 2017. Total number of applications received by the Executing Agencies (banks) under PMYBL Scheme as of March 31, 2017 stood at 78,939. Out of th
Published 24 Jun, 2017 12:00am
Muhammad Ali reappointed CEO IFMP

Muhammad Ali reappointed CEO IFMP

The Board of Directors of the Institute of Financial Markets Pakistan (IFMP) has re-appointed Muhammad Ali Khan as CEO of the IFMP for the next term of three years after seeking competitive authority approval.
Published 24 Jun, 2017 12:00am
Foreign investors buy equities worth $9.193 millions
Exchange

Foreign investors buy equities worth $9.193 millions

The foreign investors emerged net buyers of shares at Pakistan Stock Exchange (PSX) as they bought equities worth $9.193 million during the outgoing week ended June 22, 2017. The foreigners were continuously withdrawing their investment from Pakistan capi
Published 24 Jun, 2017 12:00am
PSMA asks Chinese government to review visa policy

PSMA asks Chinese government to review visa policy

Chairman of Pakistan Soap Manufacturers Association (PSMA) and Former President Karachi Chamber of Commerce & Industry Abdullah Zaki requested the Chinese Government to review its visa policy and grant multiple entry visas to the business and industrial c
Published 24 Jun, 2017 12:00am
Pulses import surges to $902.106 millions

Pulses import surges to $902.106 millions

Pakistan's import of pulses surged to $902.106 million in July-May 2016-17, higher by 71 percent, official statistics indicate. Increase in the pulses import now stands at $373.938 million in July-May 2016-17 from $528.168 million in July-May 2015-16, Pak
Published 24 Jun, 2017 12:00am
Customs clearing agent stifles to death in sealed container

Customs clearing agent stifles to death in sealed container

A Customs clearing agent was stifled to death in a 40ft sealed container stuffed with toxic substance at Pakistan International Containers Terminal (PICT), due to lack of safety awareness. According to details, the body of clearing agent Zaheer Abbas was
Published 24 Jun, 2017 12:00am
FPCCI voices concern over APTMA & PTEA strike calls

FPCCI voices concern over APTMA & PTEA strike calls

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) expressed its great anxiety and concern over the strike called by All Pakistan Textile Mills Associations (APTMA), Pakistan Textile Exporters Association, Pakistan Hosiery Manufacturers
Published 24 Jun, 2017 12:00am
Quetta blast: Murad offers treatment facilities

Quetta blast: Murad offers treatment facilities

Sindh Chief Minister Syed Murad Ali Shah condemning Quetta blast Friday offered all kind of support and co-operation to Balochistan Chief Minister Nawab Sanaullah Zehri to provide medial treatment to the Quetta blast injured in Karachi. He also offered co
Published 24 Jun, 2017 12:00am
Rs 342 billion fresh note issued on Eid

Rs 342 billion fresh note issued on Eid

The State Bank of Pakistan (SBP) through 16 field offices of its subsidiary SBP Banking Services Corporation has provided fresh cash of various denominations aggregated to Rs 342 billion as against Rs 237 billion issued during last Ramadan.
Published 24 Jun, 2017 12:00am
Cotton slides to near 10-month lows
Cotton

Cotton slides to near 10-month lows

ICE cotton futures fell for a 10th straight session to the lowest level since early September on Thursday as investors continued to liquidate positions on bearish technicals amid expectations of rising new crop production. The December cotton contract on
Published 24 Jun, 2017 12:00am
Palm oil declines on expectation of higher output
Exchange

Palm oil declines on expectation of higher output

Malaysian palm oil futures fell in Friday evening trade, charting a third day of losses in four on expectations of rising output. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was down 0.2 percent at 2,4
Published 24 Jun, 2017 12:00am
Copper touches 2-1/2 month high after European factory PMIs
Exchange

Copper touches 2-1/2 month high after European factory PMIs

Copper prices reached their highest since April 7 on Friday as rising Chinese stock markets and strong European manufacturing data prompted investors to bet on higher prices. Zinc meanwhile was on track for its biggest weekly gain since November as invent
Published 24 Jun, 2017 12:00am
Oil creeps up from 10-month low

Oil creeps up from 10-month low

Oil futures edged higher on Friday with a lift from a weaker dollar but remained down for a fifth week in a row and close to a 10-month low as Opec-led production cuts have failed to substantially reduce a global crude glut. Brent futures were up 15 cents
Published 24 Jun, 2017 12:00am
Tokyo rubber ends week with six percent fall
Exchange

Tokyo rubber ends week with six percent fall

Benchmark Tokyo rubber futures inched down in lacklustre trade on Friday, ending the week with a 6 percent drop, as investors worried about oversupply in Asia. "With no fresh news, investors were just making adjustments on their position ahead of the week
Published 24 Jun, 2017 12:00am
Gold extends rebound in New York

Gold extends rebound in New York

Gold rose on Thursday, rising quietly above the prior session's five-week low as the dollar steadied and the 200-day moving average provided short-term support below the market. Spot gold was up 0.3 percent at $1,249.17 an ounce by 3:04 pm EDT (1904 GMT).
Published 24 Jun, 2017 12:00am
Gold Indian prices switch back to a premium

Gold Indian prices switch back to a premium

Gold traded at a premium to official domestic prices in India this week for the first time in about a month, while demand remained lacklustre elsewhere in Asia despite a drop in prices. Spot gold fell to a five-week low this week at $1,240.75 an ounce, fr
Published 24 Jun, 2017 12:00am
Gold hits one-week high on dollar
Exchange

Gold hits one-week high on dollar

Gold prices climbed to one-week highs on Friday, boosted by a lower dollar and economic and political uncertainty around the world, but the prospect of further interest rate rises in the United States limited gains. Spot gold was up 0.6 percent at $1,257.
Published 24 Jun, 2017 12:00am
Arabica coffee surges back from 16-month low

Arabica coffee surges back from 16-month low

Arabica coffee futures rallied on Friday as speculative buying lifted prices after a dramatic drop a day earlier, while raw sugar touched a fresh 16-month low and a weaker dollar helped New York cocoa snap a six-session rout. September arabica coffee was
Published 24 Jun, 2017 12:00am
US MIDDAY: wheat higher

US MIDDAY: wheat higher

MGEX spring wheat futures surged to a 2-1/2 year high on Friday and Chicago Board of Trade corn futures dipped to a six-month low in technically driven trade amid an outlook for generally favourable US crop weather, traders said. Soybean futures touched t
Published 24 Jun, 2017 12:00am
'Talent and spirit running wild'

'Talent and spirit running wild'

This is apropos a Business Recorder op-ed "Talent and spirit running wild". The writer, Ikram Sehgal, has expressed his views on the victory of Pakistan team at The Oval last Sunday. No doubt, his is a write-up which is strongly characterised by a
Published 24 Jun, 2017 12:00am
Forget euro zone breakup, sterling now deemed riskier
Exchange

Forget euro zone breakup, sterling now deemed riskier

For years the options market that companies and investors use to hedge against big swings in currencies viewed the euro as a bigger political and structural risk than Britain's pound. No more. In the political and market turmoil immediately before and fol
Published 24 Jun, 2017 12:00am
Power sector: poor governance

Power sector: poor governance

The government of PML-N inherited poor power sector governance bequeathed to it by PPP government. Unbearable power cuts, rental plant scams, unaccountable line losses and rampant power theft, woeful performance of power generation and distribution compan
Published 24 Jun, 2017 12:00am
FIs' outsourcing arrangements

FIs' outsourcing arrangements

The State Bank is keeping a close watch on all aspects of banking business to protect clients and ensure the solvency of financial institutions. According to a circular issued on 20th June, 2017, the SBP revised the "Guidelines on Outsourcing Arrangements
Published 24 Jun, 2017 12:00am
Lawyers' growing misbehaviour

Lawyers' growing misbehaviour

According to media reports, a group of lawyers supporting Pakistan Bar Council (PBC) member Maqsood Buttar, a suspect in a missing persons case, ran riot in the Lahore High Court the other day, assaulting counsel Asma Jahangir's junior associate Barrister
Published 24 Jun, 2017 12:00am
ECB seeks greater power over clearing supervision

ECB seeks greater power over clearing supervision

The European Central Bank has requested enhanced powers to supervise clearing activities, it said on Friday, a move to shore up its authority over London-based euro clearing once Britain leaves the European Union. The ECB estimates that 101 billion euros
Published 24 Jun, 2017 12:00am
ECB seeks greater power over clearing supervision

ECB seeks greater power over clearing supervision

The European Central Bank has requested enhanced powers to supervise clearing activities, it said on Friday, a move to shore up its authority over London-based euro clearing once Britain leaves the European Union. The ECB estimates that 101 billion euros
Published 24 Jun, 2017 12:00am
ECB seeks greater power over clearing supervision

ECB seeks greater power over clearing supervision

The European Central Bank has requested enhanced powers to supervise clearing activities, it said on Friday, a move to shore up its authority over London-based euro clearing once Britain leaves the European Union. The ECB estimates that 101 billion euros
Published 24 Jun, 2017 12:00am
Imran speculates on PM's visit to Saudi Arabia

Imran speculates on PM's visit to Saudi Arabia

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Friday expressed scepticism over Prime Minister Nawaz Sharif's recent trip to Saudi Arabia in wake of Saudi-Qatar stand-off, saying the visit could be an attempt to seek help to rescue himself from Pan
Published 24 Jun, 2017 12:00am
Imran speculates on PM's visit to Saudi Arabia

Imran speculates on PM's visit to Saudi Arabia

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Friday expressed scepticism over Prime Minister Nawaz Sharif's recent trip to Saudi Arabia in wake of Saudi-Qatar stand-off, saying the visit could be an attempt to seek help to rescue himself from Pan
Published 24 Jun, 2017 12:00am
Putin launches deep-water phase of TurkStream gas pipeline
Exchange

Putin launches deep-water phase of TurkStream gas pipeline

Russian President Vladimir Putin on Friday launched the deep-water phase of the TurkStream gas pipeline project, calling Turkey's Recep Tayyip Erdogan from a ship off the Black Sea coast. TurkStream will deliver Russian gas to Turkey and is eventually int
Published 24 Jun, 2017 12:00am
Newspaper holidays

Newspaper holidays

Umer Mujib Shami, Secretary General of the All Pakistan Newspapers Society has announced that the member publications of the APNS will observe two closed holidays on account of EID-UL-FITR as per following: In case the Eid falls on Monday, June 26,2017.
Published 24 Jun, 2017 12:00am
Newspaper holidays

Newspaper holidays

Umer Mujib Shami, Secretary General of the All Pakistan Newspapers Society has announced that the member publications of the APNS will observe two closed holidays on account of EID-UL-FITR as per following: In case the Eid falls on Monday, June 26,2017.
Published 24 Jun, 2017 12:00am
Newspaper holidays

Newspaper holidays

Umer Mujib Shami, Secretary General of the All Pakistan Newspapers Society has announced that the member publications of the APNS will observe two closed holidays on account of EID-UL-FITR as per following: In case the Eid falls on Monday, June 26,2017.
Published 24 Jun, 2017 12:00am
Macron stumbles at EU summit over Chinese investments

Macron stumbles at EU summit over Chinese investments

EU leaders on Friday poured cold water on a proposal by French President Emmanuel Macron to hand Brussels more powers to control Chinese investments in strategic European industries. European leaders discussed the divisive topic on the second day of an EU
Published 24 Jun, 2017 12:00am
Macron stumbles at EU summit over Chinese investments

Macron stumbles at EU summit over Chinese investments

EU leaders on Friday poured cold water on a proposal by French President Emmanuel Macron to hand Brussels more powers to control Chinese investments in strategic European industries. European leaders discussed the divisive topic on the second day of an EU
Published 24 Jun, 2017 12:00am
Macron stumbles at EU summit over Chinese investments

Macron stumbles at EU summit over Chinese investments

EU leaders on Friday poured cold water on a proposal by French President Emmanuel Macron to hand Brussels more powers to control Chinese investments in strategic European industries. European leaders discussed the divisive topic on the second day of an EU
Published 24 Jun, 2017 12:00am
Saudi royal family: export of live animals allowed

Saudi royal family: export of live animals allowed

Commerce Ministry has reportedly relaxed ban on export of hundreds of live animals for the royal family of Saudi Arabia on the instructions of Prime Minister, Nawaz Sharif, well informed sources in the Ministry told Business Recorder Commerce Minis
Published 24 Jun, 2017 12:00am
Saudi royal family: export of live animals allowed

Saudi royal family: export of live animals allowed

Commerce Ministry has reportedly relaxed ban on export of hundreds of live animals for the royal family of Saudi Arabia on the instructions of Prime Minister, Nawaz Sharif, well informed sources in the Ministry told Business Recorder Commerce Minis
Published 24 Jun, 2017 12:00am
Saudi royal family: export of live animals allowed

Saudi royal family: export of live animals allowed

Commerce Ministry has reportedly relaxed ban on export of hundreds of live animals for the royal family of Saudi Arabia on the instructions of Prime Minister, Nawaz Sharif, well informed sources in the Ministry told Business Recorder Commerce Minis
Published 24 Jun, 2017 12:00am
PM to be victorious in Panama case: Marriyum

PM to be victorious in Panama case: Marriyum

Minister of State for Information and Broadcasting Marriyum Aurangzeb has expressed confidence that Prime Minister Nawaz Sharif will emerge victorious in the Panama Papers case inquiry. In an interview with state-run media, she said, "PM Nawaz Sharif too
Published 24 Jun, 2017 12:00am
PM to be victorious in Panama case: Marriyum

PM to be victorious in Panama case: Marriyum

Minister of State for Information and Broadcasting Marriyum Aurangzeb has expressed confidence that Prime Minister Nawaz Sharif will emerge victorious in the Panama Papers case inquiry. In an interview with state-run media, she said, "PM Nawaz Sharif too
Published 24 Jun, 2017 12:00am
Policeman beaten to death by enraged crowd in IHK

Policeman beaten to death by enraged crowd in IHK

Police in Indian-held Kashmir said on Friday one of their officers had been beaten to death by a crowd outside the main mosque in the region's capital of occupied Srinagar, in a rare lynching there of a security official. Witnesses said worshippers had sp
Published 24 Jun, 2017 12:00am
Policeman beaten to death by enraged crowd in IHK

Policeman beaten to death by enraged crowd in IHK

Police in Indian-held Kashmir said on Friday one of their officers had been beaten to death by a crowd outside the main mosque in the region's capital of occupied Srinagar, in a rare lynching there of a security official. Witnesses said worshippers had sp
Published 24 Jun, 2017 12:00am
''The Tribal Areas Rewaj Bill'' deferred

''The Tribal Areas Rewaj Bill'' deferred

The National Assembly Standing Committee on States and Frontier Regions (SAFRON) deferred "The Tribal Areas Rewaj Bill, 2017 (Government Bill)" for its next meeting with the suggestion to review the Bill while sharing with the people of their constituenci
Published 24 Jun, 2017 12:00am
'The Tribal Areas Rewaj Bill' deferred

'The Tribal Areas Rewaj Bill' deferred

The National Assembly Standing Committee on States and Frontier Regions (SAFRON) deferred "The Tribal Areas Rewaj Bill, 2017 (Government Bill)" for its next meeting with the suggestion to review the Bill while sharing with the people of their constituenci
Published 24 Jun, 2017 12:00am
'The Tribal Areas Rewaj Bill' deferred

'The Tribal Areas Rewaj Bill' deferred

The National Assembly Standing Committee on States and Frontier Regions (SAFRON) deferred "The Tribal Areas Rewaj Bill, 2017 (Government Bill)" for its next meeting with the suggestion to review the Bill while sharing with the people of their constituenci
Published 24 Jun, 2017 12:00am
ICC confirms plans for World XI series in Pakistan

ICC confirms plans for World XI series in Pakistan

Plans for the full resumption of international cricket in Pakistan moved forward Friday when the sport's global governing body said it wanted to send a World XI to the country later this year. With the exception of Zimbabwe's tour two years ago, Pakistan
Published 24 Jun, 2017 12:00am
ICC confirms plans for World XI series in Pakistan

ICC confirms plans for World XI series in Pakistan

Plans for the full resumption of international cricket in Pakistan moved forward Friday when the sport's global governing body said it wanted to send a World XI to the country later this year. With the exception of Zimbabwe's tour two years ago, Pakistan
Published 24 Jun, 2017 12:00am
Google to stop scanning Gmail for ad targeting

Google to stop scanning Gmail for ad targeting

Google said Friday it would stop scanning the contents of Gmail users' inboxes for ad targeting, moving to end a practice that has fueled privacy concerns since the free email service was launched. A Google statement said Gmail users would still see "pers
Published 24 Jun, 2017 12:00am
Killer of British ex-commando on French island gets prison

Killer of British ex-commando on French island gets prison

A court on France's Indian Ocean island of Reunion on Friday sentenced a 30-year-old man to 15 years behind bars for the killing of a British ex-commando in 2011. After a three-day trial, a jury convicted Vincent Madoure of taking part in the murder of Ca
Published 24 Jun, 2017 12:00am
May defends Brexit rights offer in face of EU doubts

May defends Brexit rights offer in face of EU doubts

British Prime Minister Theresa May defended her offer to let millions of EU citizens stay in Britain after Brexit as fellow EU leaders responded coolly on Friday to her opening move in negotiations on Britain's withdrawal. A year to the day after Britons
Published 24 Jun, 2017 12:00am
May defends Brexit rights offer in face of EU doubts

May defends Brexit rights offer in face of EU doubts

British Prime Minister Theresa May defended her offer to let millions of EU citizens stay in Britain after Brexit as fellow EU leaders responded coolly on Friday to her opening move in negotiations on Britain's withdrawal. A year to the day after Britons
Published 24 Jun, 2017 12:00am
CIA knew in August that Putin sought to boost Trump: report

CIA knew in August that Putin sought to boost Trump: report

The CIA had top-level intelligence last August that Russian President Vladimir Putin personally ordered an operation to help Donald Trump win the US presidential race, the Washington Post reported Friday. The intelligence shocked the White House and put U
Published 24 Jun, 2017 12:00am
CIA knew in August that Putin sought to boost Trump: report

CIA knew in August that Putin sought to boost Trump: report

The CIA had top-level intelligence last August that Russian President Vladimir Putin personally ordered an operation to help Donald Trump win the US presidential race, the Washington Post reported Friday. The intelligence shocked the White House and put U
Published 24 Jun, 2017 12:00am
$7.75 billion foreign aid received in July-May: EAD

$7.75 billion foreign aid received in July-May: EAD

The country provisionally received $7.747 billion, ie, 96 percent of the budgeted estimates of foreign assistance from multilateral and bilateral donors in July-May 2017, including $2.86 billion loans from foreign commercial banks. The Economic Affairs Di
Published 24 Jun, 2017 12:00am
$7.75 billion foreign aid received in July-May: EAD

$7.75 billion foreign aid received in July-May: EAD

The country provisionally received $7.747 billion, ie, 96 percent of the budgeted estimates of foreign assistance from multilateral and bilateral donors in July-May 2017, including $2.86 billion loans from foreign commercial banks. The Economic Affairs Di
Published 24 Jun, 2017 12:00am
$7.75 billion foreign aid received in July-May: EAD

$7.75 billion foreign aid received in July-May: EAD

The country provisionally received $7.747 billion, ie, 96 percent of the budgeted estimates of foreign assistance from multilateral and bilateral donors in July-May 2017, including $2.86 billion loans from foreign commercial banks. The Economic Affairs Di
Published 24 Jun, 2017 12:00am
There''s no tampering with record: FBR chief

There''s no tampering with record: FBR chief

Chairman Federal Board of Revenue (FBR) Dr Mohammad Irshad Friday categorically ruled out possibility of tampering with tax records of any person and said that over 95 percent records was handed over to Joint Investigation Team (JIT) and the missing recor
Published 24 Jun, 2017 12:00am
There's no tampering with record: FBR chief

There's no tampering with record: FBR chief

Chairman Federal Board of Revenue (FBR) Dr Mohammad Irshad Friday categorically ruled out possibility of tampering with tax records of any person and said that over 95 percent records was handed over to Joint Investigation Team (JIT) and the missing recor
Published 24 Jun, 2017 12:00am
There's no tampering with record: FBR chief

There's no tampering with record: FBR chief

Chairman Federal Board of Revenue (FBR) Dr Mohammad Irshad Friday categorically ruled out possibility of tampering with tax records of any person and said that over 95 percent records was handed over to Joint Investigation Team (JIT) and the missing recor
Published 24 Jun, 2017 12:00am
Malik takes the lid off money trail 'secret'?

Malik takes the lid off money trail 'secret'?

Senator Rehman Malik, former interior minister and leader of Pakistan Peoples Party Parliamentarians (PPPP), Friday appeared before the joint investigation team (JIT) probing the Panama Papers case. Malik reached the Federal Judicial Academy (FJA) - JIT s
Published 24 Jun, 2017 12:00am
Malik takes the lid off money trail 'secret'?

Malik takes the lid off money trail 'secret'?

Senator Rehman Malik, former interior minister and leader of Pakistan Peoples Party Parliamentarians (PPPP), Friday appeared before the joint investigation team (JIT) probing the Panama Papers case. Malik reached the Federal Judicial Academy (FJA) - JIT s
Published 24 Jun, 2017 12:00am
Qatar asked to close down Al-Jazeera, reduce ties with Iran

Qatar asked to close down Al-Jazeera, reduce ties with Iran

Four Arab states that imposed a boycott on Qatar have issued an ultimatum to Doha to close Al-Jazeera television, curb ties with Iran, shut a Turkish base and pay reparations, demands so far reaching it would appear to be hard for Doha to comply. Saudi Ar
Published 24 Jun, 2017 12:00am
Qatar asked to close down Al-Jazeera, reduce ties with Iran

Qatar asked to close down Al-Jazeera, reduce ties with Iran

Four Arab states that imposed a boycott on Qatar have issued an ultimatum to Doha to close Al-Jazeera television, curb ties with Iran, shut a Turkish base and pay reparations, demands so far reaching it would appear to be hard for Doha to comply. Saudi Ar
Published 24 Jun, 2017 12:00am
Nepra enumerates reasons behind bad power sector performance

Nepra enumerates reasons behind bad power sector performance

National Electric Power Regulatory Authority (Nepra) in its State of Industry report 2016, a part of which appeared in Business Recorder a few months ago, claims that in spite of persistent directives and monitoring by the regulator, performance of
Published 24 Jun, 2017 12:00am
Nepra enumerates reasons behind bad power sector performance

Nepra enumerates reasons behind bad power sector performance

National Electric Power Regulatory Authority (Nepra) in its State of Industry report 2016, a part of which appeared in Business Recorder a few months ago, claims that in spite of persistent directives and monitoring by the regulator, performance of
Published 24 Jun, 2017 12:00am
Nepra enumerates reasons behind bad power sector performance

Nepra enumerates reasons behind bad power sector performance

National Electric Power Regulatory Authority (Nepra) in its State of Industry report 2016, a part of which appeared in Business Recorder a few months ago, claims that in spite of persistent directives and monitoring by the regulator, performance of
Published 24 Jun, 2017 12:00am
Four policemen shot dead in Karachi attack

Four policemen shot dead in Karachi attack

Three terrorists on two motorcycles gunned down four policemen Friday evening as they were having iftar at a restaurant in the SITE area. The victims died on the spot, the head of the SITE police station said. Chief Minister Syed Murad Ali Shah asked Sind
Published 24 Jun, 2017 12:00am
Four policemen shot dead in Karachi attack

Four policemen shot dead in Karachi attack

Three terrorists on two motorcycles gunned down four policemen Friday evening as they were having iftar at a restaurant in the SITE area. The victims died on the spot, the head of the SITE police station said. Chief Minister Syed Murad Ali Shah asked Sind
Published 24 Jun, 2017 12:00am
Quetta, Parachinar: At least 43 killed in multiple blasts

Quetta, Parachinar: At least 43 killed in multiple blasts

Multiple blasts killed at least 43 people in two cities on the last Friday of Ramazan, as officials warned the toll could rise. Authorities said 30 people were killed and over 100 wounded when twin blasts tore through a market in a Parachinar, crowded wit
Published 24 Jun, 2017 12:00am
Quetta, Parachinar: At least 43 killed in multiple blasts

Quetta, Parachinar: At least 43 killed in multiple blasts

Multiple blasts killed at least 43 people in two cities on the last Friday of Ramazan, as officials warned the toll could rise. Authorities said 30 people were killed and over 100 wounded when twin blasts tore through a market in a Parachinar, crowded wit
Published 24 Jun, 2017 12:00am
Bank holiday

Bank holiday

The State Bank of Pakistan will remain closed for public dealings on July 3, 2017 (Monday) which will be observed as Bank Holiday. All banks/DFIs/MFBs will, therefore, remain closed for public dealings on the aforesaid date. However, all employees of the
Published 24 Jun, 2017 12:00am
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