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Print - 2018-03-19
THE RUPE: stable trend
Exchange

THE RUPE: stable trend

Firmness prevailed on the money market as the rupee moved cautiously against the dollar during the week, ended on Mar 17, 2018. In the open market, the rupee rose by 10 paisas in terms of the dollar for buying and selling at Rs 111.50 and Rs 111.80. The r
Published 19 Mar, 2018 12:00am
Putin storms to landslide election win

Putin storms to landslide election win

Vladimir Putin on Sunday stormed to victory in Russia's presidential election on Sunday, giving him another six years in power as Moscow's relations with the West plunge to new Cold War lows. Putin, who has ruled Russia for almost two decades, won more th
Published 19 Mar, 2018 12:00am
Putin storms to landslide election win

Putin storms to landslide election win

Vladimir Putin on Sunday stormed to victory in Russia's presidential election on Sunday, giving him another six years in power as Moscow's relations with the West plunge to new Cold War lows. Putin, who has ruled Russia for almost two decades, won more th
Published 19 Mar, 2018 12:00am
The Weather

The Weather

The weather report on Sunday (March 18, 2018) and the forecast for Monday (March 19, 2018).

Published 19 Mar, 2018 12:00am
Your rupee last week
Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (March 12 to 16, 2018).

Published 19 Mar, 2018 12:00am
MD & Chief Executive Officer Takaful Pakistan Limited

MD & Chief Executive Officer Takaful Pakistan Limited

Takaful Pakistan Ltd. being Platinum Sponsors of World Islamic Finance Forum(WIFF) arranged by IBA-CEIF, welcomes all the honorable participants at this largest Islamic conference of year 2018. I envision and sincerely believe that, Pakistan, being the mo
Published 19 Mar, 2018 12:00am
Message from Director, CEIF
Exchange

Message from Director, CEIF

IBA's Centre for Excellence in Islamic Finance (CEIF-IBA) aims to become a world class center of excellence which nurtures new ideas and state-of-the-art research to stimulate industry growth. I am pleased to share that in a short span of less than three
Published 19 Mar, 2018 12:00am
Message from Dean & Director Institute of Business Administration, IBA

Message from Dean & Director Institute of Business Administration, IBA

Having started as a business school in 1955, the Institute of Business Administration, Karachi has diversified its academic base over time in response to the needs of society and economy. One of the areas into which it has branched out recently is Islamic
Published 19 Mar, 2018 12:00am
Message from Chairman CEIF

Message from Chairman CEIF

After experiencing stellar growth for more than two decades, Islamic finance industry is expected to lose momentum. Against this backdrop, it is imperative that key stakeholders deliberate on what needs to be done to put the industry back on fast growth t
Published 19 Mar, 2018 12:00am
Message from governor State Bank of Pakistan

Message from governor State Bank of Pakistan

I am pleased to see the Center of Excellence in Islamic Finance (CEIF) - IBA organizing the second World Islamic Finance Forum to deliberate on the future outlook of global Islamic finance industry in the backdrop of changing market dynamics digital finan
Published 19 Mar, 2018 12:00am
Message from advisor to Prime Minister on Finance

Message from advisor to Prime Minister on Finance

I am delighted to inaugurate World Islamic Finance Forum (WIFF) 2018, organized by IBA-CEIF in collaboration with LUMS and INCEIF, Malaysia. Growth of Islamic Finance in the country has been one of the key agenda items for the Government of Pakistan. Cond
Published 19 Mar, 2018 12:00am
Message from Chairman, Board of Trustees, AAOIFI

Message from Chairman, Board of Trustees, AAOIFI

Islamic finance industry of Pakistan is one of the leading ones in the world - in terms of intellectual acumen, sincerity with the cause, availability of money and capital markets, innovative products, and an enabling regulatory frame work.
Published 19 Mar, 2018 12:00am
More than one in four US adults often remain online: survey

More than one in four US adults often remain online: survey

More than one in four American adults say they are online "almost constantly," but a small percentage still don't use the internet at all, a survey showed on Wednesday. The Pew Research Center report said growth of smartphones and other mobile devices has
Published 19 Mar, 2018 12:00am
Samsung Galaxy S9 and S9+ launched

Samsung Galaxy S9 and S9+ launched

Samsung Electronics Co, Ltd introduced the Samsung Galaxy S9 and S9+ at a launch event in Lahore, the smartphones that re-imagine the way people communicate, share and experience the world. Made for an age in which consumers increasingly communicate and e
Published 19 Mar, 2018 12:00am
Facebook Lite to be rolled-out in more countries

Facebook Lite to be rolled-out in more countries

Facebook Inc on March 15 said it will roll out the stripped down version of its social media platform, Facebook Lite, to more countries including developed ones, to attract users struggling with slower mobile data connections. Facebook Lite, presently ava
Published 19 Mar, 2018 12:00am
Facebook launching new tools to facilitate Pakistanis

Facebook launching new tools to facilitate Pakistanis

Facebook is launching new tools that give people in Pakistan more control over who can download and share their profile pictures, and provide the ability to add a design to a profile picture to deter misuse.
Published 19 Mar, 2018 12:00am
Can 3D-printed houses provide cheap, safe homes for the world's poor?

Can 3D-printed houses provide cheap, safe homes for the world's poor?

Dozens of families living in El Salvador's slums hope to swap their makeshift wooden shacks for concrete 3D-printed houses next year, in what developers say is the first project of its kind in the world. ICON, a Texas-based construction technology company
Published 19 Mar, 2018 12:00am
Google brings free WiFi to Mexico, first stop in Latin America

Google brings free WiFi to Mexico, first stop in Latin America

Alphabet's Google said on March 13 that it will launch a network of free Wi-Fi hotspots across Mexico, part of the search giant's effort to improve connectivity in emerging markets and put its products in the hands of more users. Google Station, an ad-sup
Published 19 Mar, 2018 12:00am
CreativeDrive acquires 3D visualization to augment content tech Decora

CreativeDrive acquires 3D visualization to augment content tech Decora

CreativeDrive on March 15 has acquired 3D visualization and augmented reality tech startup, Decora. CreativeDrive, the global content creation company which operates over 150 production studios around the world, is expanding its service capabilities with
Published 19 Mar, 2018 12:00am
Intel says chips addressing flaws set for release this year

Intel says chips addressing flaws set for release this year

Intel Corp said March 15 new computer chips designed to address vulnerabilities disclosed earlier this year would be shipped in the second half of 2018. Chief executive Brian Krzanich said the new chips would guard against hardware flaws dubbed Meltdown a
Published 19 Mar, 2018 12:00am
Researchers find 'critical' security flaws in AMD chips

Researchers find 'critical' security flaws in AMD chips

Security researchers said Tuesday they discovered flaws in chips made by Advanced Micro Devices that could allow hackers to take over computers and networks. Israeli-based security firm CTS Labs published its research showing "multiple critical security v
Published 19 Mar, 2018 12:00am
Hungry Deutsche Bank looks to reclaim M&A laurels

Hungry Deutsche Bank looks to reclaim M&A laurels

After years of pain that saw clients flee as its very survival appeared in doubt, Germany's Deutsche Bank hopes to reclaim a place of prestige alongside global investment banking titans in the European merger market. Deutsche can "get back to the level of
Published 19 Mar, 2018 12:00am
China Unicom aims to reap rewards from ties to new shareholders

China Unicom aims to reap rewards from ties to new shareholders

Telecoms group China Unicom plans to lean on some of China's biggest technology and financial firms who have recently become its shareholders to drive compounded annual pre-tax profit growth of 68.7 percent through 2020 at its Shanghai-listed unit.
Published 19 Mar, 2018 12:00am
Prudential to split in new world order for British insurers

Prudential to split in new world order for British insurers

Prudential is to spin off its British and European business from its international operations, breaking up the 170-year-old insurer to refocus on faster-growing markets in the sector's latest major shake-up. British insurers have been changing strategy to
Published 19 Mar, 2018 12:00am
DP World to spend more after 14.9 percent profit rise

DP World to spend more after 14.9 percent profit rise

DP World, one of the world's largest port operators, said on Thursday full-year profit rose 14.9 percent in 2017 and that it would spend $1.4 billion on capital expenditure this year. Profit for the period attributable to owners of the company after separ
Published 19 Mar, 2018 12:00am
Cathay Pacific on turnaround path after annual loss below expectations

Cathay Pacific on turnaround path after annual loss below expectations

Cathay Pacific posted a smaller than expected annual loss due to a rebound in the cargo market, moderating ticket price falls and lower fuel hedging losses, prompting analysts to call that the worst was over for the Hong Kong airline. Poor hedging bets on
Published 19 Mar, 2018 12:00am
VW assigns $25 billion in battery orders for electric car drive

VW assigns $25 billion in battery orders for electric car drive

Volkswagen has picked partners to provide battery cells and related technology worth around 20 billion euros ($25 billion) for its growing electric car programme, adding further pressure on US pioneer Tesla. Until its "dieselgate" emissions scandal was re
Published 19 Mar, 2018 12:00am
Adidas to buy back up to 9pc of share capital

Adidas to buy back up to 9pc of share capital

Adidas plans to buy back up to 3 billion euros ($3.72 billion) of its shares by May 11, 2021, representing almost 9 percent of its share capital, it said on Tuesday, including up to 1 billion euros this year. The German sportswear company, which has a mar
Published 19 Mar, 2018 12:00am
Adidas to buy back up to 9pc of share capital

Adidas to buy back up to 9pc of share capital

Adidas plans to buy back up to 3 billion euros ($3.72 billion) of its shares by May 11, 2021, representing almost 9 percent of its share capital, it said on Tuesday, including up to 1 billion euros this year. The German sportswear company, which has a mar
Published 19 Mar, 2018 12:00am
With Qualcomm behind it, Broadcom looks to smaller deals

With Qualcomm behind it, Broadcom looks to smaller deals

Broadcom Ltd on Thursday said it was likely to pursue smaller acquisitions of chipmakers after its failed hostile takeover bid to acquire rival Qualcomm Inc and said that its smart phone chip business would see a drop in demand this quarter from a North A
Published 19 Mar, 2018 12:00am
Chinese iQiyi launches $2.4 billion US IPO
Exchange

Chinese iQiyi launches $2.4 billion US IPO

Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc , has launched an initial public offering in New York worth up to $2.4 billion, seeking to expand its range of content. The listing is expected to give the firm ex
Published 19 Mar, 2018 12:00am
Chinese iQiyi launches $2.4 billion US IPO
Exchange

Chinese iQiyi launches $2.4 billion US IPO

Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc , has launched an initial public offering in New York worth up to $2.4 billion, seeking to expand its range of content. The listing is expected to give the firm ex
Published 19 Mar, 2018 12:00am
Bitcoin start-ups in Asia take aim at remittances market
Exchange

Bitcoin start-ups in Asia take aim at remittances market

Bitcoin, battered by warnings about volatility and bubble-like appreciation, may have found a way to play a niche role in a big market: overseas money transfers. Used as a transfer mechanism rather than a currency, bitcoin circumvents banks' transaction f
Published 19 Mar, 2018 12:00am
Investors eye currencies for those most at risk in a trade war
Exchange

Investors eye currencies for those most at risk in a trade war

Foreign exchange markets appear convinced that a global trade war is unlikely to break out anytime soon, although with long bets on some currencies at record highs, investors fear complacency may be setting in. While the Trump administration's threat to s
Published 19 Mar, 2018 12:00am
Gulf stocks soften despite oil rebound; Ezz Steel lifts Egypt
Exchange

Gulf stocks soften despite oil rebound; Ezz Steel lifts Egypt

Gulf stock markets eased on Sunday as gains in oil prices at the end of last week failed to spur activity, though Ezz Steel helped to lift Egypt's index. There was very little action in the United Arab Emirates, with both Dubai and Abu Dhabi registering a
Published 19 Mar, 2018 12:00am
Fed's FX swap line may not cap dollar LIBOR/OIS spread
Libor

Fed's FX swap line may not cap dollar LIBOR/OIS spread

The Federal Reserve's currency swap line with overseas central banks may not stem a further widening of the spread on dollar three-month London interbank offered rate and overnight indexed swap rate, a Citi Research analyst said on Tuesday. The premium of
Published 19 Mar, 2018 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 82.96-82.96 (Previous 82.96-82.96).
Published 19 Mar, 2018 12:00am
Investors find space for Iridium bond deal

Investors find space for Iridium bond deal

Iridium returned to the junk-bond market Friday for the first time since bankruptcy two decades ago, raising US$360m to maintain liquidity through delays in new satellite launches. Virginia-based Iridium has invested US$3bn in the past eight years to laun
Published 19 Mar, 2018 12:00am
Investors find space for Iridium bond deal

Investors find space for Iridium bond deal

Iridium returned to the junk-bond market Friday for the first time since bankruptcy two decades ago, raising US$360m to maintain liquidity through delays in new satellite launches. Virginia-based Iridium has invested US$3bn in the past eight years to laun
Published 19 Mar, 2018 12:00am
Lead poisoning may hasten death for millions in US: study

Lead poisoning may hasten death for millions in US: study

Persistent, low-level exposure to lead over decades is statistically linked to some 400,000 premature deaths in the United States each year, far more than previously thought, researchers said on Monday. Compared to people with little or no lead in their b
Published 19 Mar, 2018 12:00am
Multiple vaccines don't make kids prone to infection

Multiple vaccines don't make kids prone to infection

Even though children are given far more vaccines than prior generations, the practice does not appear to weaken their immune systems or make them more prone to other infections, a US study said on Tuesday. The report in the Journal of the American Medical
Published 19 Mar, 2018 12:00am
Genetic tweak makes plants use 25 percent less water

Genetic tweak makes plants use 25 percent less water

Researchers on Tuesday unveiled a genetic modification that enables plants to use a quarter less water with scant reduction in yield. By altering a single gene, scientists coaxed tobacco plants - a model crop often used in experiments - to grow to near no
Published 19 Mar, 2018 12:00am
Nigeria struggles to contain dramatic spread of deadly Lassa fever

Nigeria struggles to contain dramatic spread of deadly Lassa fever

Nigeria is battling on two fronts against an unprecedented outbreak of Lassa fever, a cousin of Ebola, that has already killed 110 people this year. Even as doctors are grappling to contain the threat, health watchdogs are struggling to understand why the
Published 19 Mar, 2018 12:00am
Highly processed foods tied to increased risk of certain cancers

Highly processed foods tied to increased risk of certain cancers

People who consume mostly packaged foods and drinks with lots of unpronounceable ingredients may be more likely to develop certain cancers than people who subsist mostly on whole foods found in nature, a French study suggests. Researchers examined data fr
Published 19 Mar, 2018 12:00am
Warming may threaten half of species in 33 key areas: report

Warming may threaten half of species in 33 key areas: report

Global warming could place 25 to 50 percent of species in the Amazon, Madagascar and other biodiverse areas at risk of localised extinction within decades, a report said on Wednesday. The lower projection is based on a mercury rise of two degrees Celsius
Published 19 Mar, 2018 12:00am
Indian airports stretched as passengers reach new heights

Indian airports stretched as passengers reach new heights

India's airports are struggling to cope with a massive surge in passenger numbers and billions of dollars must be spent to boost their capacity, analysts have warned. The country is witnessing a huge boom in air travel as its growing middle class increasi
Published 19 Mar, 2018 12:00am
Iran has nearly doubled gas production at South Pars: Rouhani

Iran has nearly doubled gas production at South Pars: Rouhani

Iran has nearly doubled gas production at South Pars, the world's largest gas field, in the past year, Iranian President Hassan Rouhani said Sunday, according to state media. Gas production at South Pars increased from 285 million cubic meters to 555 mill
Published 19 Mar, 2018 12:00am
Argentina, Germany want to keep pledge for free trade at G20 summit

Argentina, Germany want to keep pledge for free trade at G20 summit

Germany and Argentina want to uphold a pledge to keep international trade free at a summit of the world's 20 largest economies in Buenos Aires this week, the countries' finance ministers said on Sunday. A multi-decade-old international consensus over trad
Published 19 Mar, 2018 12:00am
Iraq's SOMO chief says targeting more crude sells to Asian markets

Iraq's SOMO chief says targeting more crude sells to Asian markets

The head of Iraq's state-oil marketer SOMO said on Sunday that Iraq will seek to corner a greater share of Asian markets through a new joint venture strategy. At a SOMO event in Baghdad on Sunday, Alaa al-Yasiri announced that SOMO will seek to sign joint
Published 19 Mar, 2018 12:00am
Abu Dhabi awards France's Total stakes in oil concessions

Abu Dhabi awards France's Total stakes in oil concessions

Abu Dhabi state energy company ADNOC said Sunday it had awarded French oil giant Total stakes in two offshore oil concessions, as it looks to boost production by year's end. Total now holds a fifth of the Umm Shaif and Nasr concession and 5 percent of the
Published 19 Mar, 2018 12:00am
G20 watchdog focuses on rules review, holds fire on cryptocurrencies

G20 watchdog focuses on rules review, holds fire on cryptocurrencies

The global watchdog that drove through a welter of banking and market reforms after the financial crisis said it will pivot more towards reviewing existing rules and away from designing new ones. The Financial Stability Board (FSB), which coordinates fina
Published 19 Mar, 2018 12:00am
US crude exports becoming bigger presence in global oil

US crude exports becoming bigger presence in global oil

Boosted by surging output, the United States is becoming a significant exporter of crude oil, a shift that is remaking American infrastructure and altering the global petroleum market. Now pumping more than 10 million barrels per day, the US has become th
Published 19 Mar, 2018 12:00am
US investigating deadly Hyundai, Kia airbag failures

US investigating deadly Hyundai, Kia airbag failures

The US National Highway Traffic Safety Administration has opened an investigation into a series of deadly crashes in which airbags in Hyundai and Kia cars failed to inflate. The administration's Office of Defects Investigation (ODI) "is currently aware of
Published 19 Mar, 2018 12:00am
Chile preparing new law to lure foreign investment

Chile preparing new law to lure foreign investment

The recently inaugurated government of Chile's conservative President Sebastian Pinera is preparing a new law aimed at attracting foreign investments, the mines minister was quoted telling a local newspaper on Sunday. Baldo Prokurica, who took office with
Published 19 Mar, 2018 12:00am
Pilots set up pan-European association to challenge Ryanair

Pilots set up pan-European association to challenge Ryanair

Unions representing Ryanair pilots across Europe have signed a deal to cooperate in a move that could raise the prospect of coordinated action, something its management has been keen to avoid. In the agreement signed on Saturday, the unions decided to for
Published 19 Mar, 2018 12:00am
KP win 10 gold medals in Inter-Provincial Games

KP win 10 gold medals in Inter-Provincial Games

Khyber Pakhtunkhwa has flying start by winning 10 gold medals in taekwondo and team gold medal in squash event by defeating strong Punjab's team in the finals of the ongoing 4th Inter-Provincial Games. Khyber Pakhtunkhwa won 10 gold medals, nine silver an
Published 19 Mar, 2018 12:00am
Master Paints/Rizvi's win National Open Polo Championship

Master Paints/Rizvi's win National Open Polo Championship

High-flying Juan Cruz Losada led Master Paints/Rizvi's to a title victory as they defeated Barry's 9-7 in the final of the Diamond Paints National Open Polo Championship for Quaid-e-Azam Gold Cup 2018 played here at the jam-packed Lahore Polo Club (LPC) g
Published 19 Mar, 2018 12:00am
Federer survives scare to face Del Potro in final

Federer survives scare to face Del Potro in final

World No. 1 Roger Federer extended his season win streak to 17 matches, booking his spot in the Indian Wells Masters final by rallying past Borna Coric 5-7, 6-4, 6-4 on Saturday. The Swiss superstar survived a stern test from world number 49 Coric but man
Published 19 Mar, 2018 12:00am
Messi shines again as dominant Barca down Athletic

Messi shines again as dominant Barca down Athletic

Lionel Messi delivered another masterful performance as Barcelona sailed past Athletic Bilbao 2-0 on Sunday to take an 11-point lead over nearest rivals Atletico Madrid in La Liga. After putting Chelsea to the sword in the Champions League midweek, Messi
Published 19 Mar, 2018 12:00am
Snooker queen Ng wins third world title to set up Crucible shot

Snooker queen Ng wins third world title to set up Crucible shot

Dominant Ng On-yee won her third women's world snooker championship in Malta on Saturday, without dropping a frame, and now has her eyes on another crack at the men. The 27-year-old world number one from Hong Kong swept to a 5-0 win against England's worl
Published 19 Mar, 2018 12:00am
Local players of Quetta Gladiators, Peshawar Zalmi reach Lahore

Local players of Quetta Gladiators, Peshawar Zalmi reach Lahore

Pakistani players of Quetta Gladiators and Peshawar Zalmi arrived in Lahore on Sunday to play an eliminator on March 20. Gladiators shared pictures on social media as the local members of the squad landed at Lahore's Allama Iqbal International Airport. Th
Published 19 Mar, 2018 12:00am
Tributes to 'inspiration' Hawking as curtain falls on Paralympics

Tributes to 'inspiration' Hawking as curtain falls on Paralympics

The Pyeongchang Winter Paralympics closed Sunday with a dazzling ceremony featuring light shows, dancing and music, as well as tributes to late wheelchair-bound British physicist Stephen Hawking as an "inspiration". Nine days of sporting action ended earl
Published 19 Mar, 2018 12:00am
Super Salah hits four as Liverpool thrash Watford

Super Salah hits four as Liverpool thrash Watford

Liverpool manager Jurgen Klopp hailed Mohamed Salah's "fantastic" four goals as the Egyptian netted his first hat-trick for the club in a 5-0 thrashing of Watford at Anfield on Saturday. However, Klopp admitted he can now only wait and hope his key men, i
Published 19 Mar, 2018 12:00am
Hughes makes flying start as Southampton reach FA Cup semis

Hughes makes flying start as Southampton reach FA Cup semis

Mark Hughes enjoyed the ideal start to his Southampton reign as the struggling Premier League club reached the FA Cup semi-finals with a 2-0 win at Wigan on Sunday. Hughes was hired as Southampton manager this week to replace the sacked Mauricio Pellegrin
Published 19 Mar, 2018 12:00am
Karthik's last-ball six gifts India T20 tri-series title

Karthik's last-ball six gifts India T20 tri-series title

Wicketkeeper-batsman Dinesh Karthik hit a last-ball six in his blazing cameo to help India edge out Bangladesh by four wickets and clinch the Twenty20 tri-series title in Colombo on Sunday. Karthik hit 29 off just eight balls to get India past their 167-r
Published 19 Mar, 2018 12:00am
Protesters and police clash in Tunisia mining basin

Protesters and police clash in Tunisia mining basin

Tunisian police used tear gas on Sunday to disperse dozens of protesters demanding jobs and development in a mining town in the centre of the country, an AFP correspondent said. "Work, freedom, national dignity," protesters chanted in Mdhilla, demanding t
Published 19 Mar, 2018 12:00am
China urges US to 'correct mistake' on Taiwan

China urges US to 'correct mistake' on Taiwan

China has called on the United States to "correct its mistake" after President Donald Trump approved new rules allowing top-level US officials to travel to Taiwan to meet with their Taipei counterparts. US representatives can already travel to democratic
Published 19 Mar, 2018 12:00am
Three killed, 23 injured in Philippine hotel fire

Three killed, 23 injured in Philippine hotel fire

Three people were killed and 23 injured by a major hotel fire in the Philippine capital Manila on Sunday, with others plucked by helicopter from the rooftop of the building engulfed in thick black smoke, authorities said. The blaze at the Waterfront Manil
Published 19 Mar, 2018 12:00am
Sri Lanka ends emergency

Sri Lanka ends emergency

Sri Lanka's president announced Sunday he is lifting a nationwide state of emergency imposed 12 days ago to quell anti-Muslim riots in which three people died and hundreds of shops were destroyed. Maithripala Sirisena said improvements in the security sit
Published 19 Mar, 2018 12:00am
Trump sharpens attacks on Russia probe

Trump sharpens attacks on Russia probe

President Donald Trump on Sunday intensified his attacks on Robert Mueller's Russia investigation as biased against him, but stopped short of targeting the special counsel - whose ouster lawmakers warned would cross a "massive red line." In an early-morni
Published 19 Mar, 2018 12:00am
Palestinian shot dead

Palestinian shot dead

A Palestinian stabbed and seriously wounded an Israeli security guard in Jerusalem's Old City on Sunday before being shot dead by a police officer, Israeli authorities said. "Attacker with knife shot dead," police spokesman Micky Rosenfeld told AFP.
Published 19 Mar, 2018 12:00am
British inner-city teacher named world's best, wins $1 million prize

British inner-city teacher named world's best, wins $1 million prize

Briton Andria Zafirakou, who works in a school in one of the UK's poorest areas, on Sunday won the $1 million Global Teacher Prize for 2018 at a star-studded ceremony in Dubai. The arts and textiles teacher from the Alperton Community College of Brent, an
Published 19 Mar, 2018 12:00am
Reap delegation off to Mauritius

Reap delegation off to Mauritius

A 22-member reap delegation left for Mauritius. Delegation includes officials from Punjab Agriculture Department and Department of Plant Protection. Delegation will conclude standards of Pakistani rice with Mauritius Standard Bureau. A Biryani festival wi
Published 19 Mar, 2018 12:00am
Routes of PSL teams to be monitored

Routes of PSL teams to be monitored

In order to provide foolproof security to the cricket teams , Punjab Safe City Authority (PSCA) has dedicated three teams comprised of 75 Police Communication Officers in total to monitor the routes taken by PSL teams from airport to hotel to stadium and
Published 19 Mar, 2018 12:00am
Government urged to uplift banking sector

Government urged to uplift banking sector

Former vice president, Federation of Pakistan Chamber of Commerce and Industry (FPCCI), Mohammad Adnan Jalil has called for adoption of banking friendly policies in the annual budget for financial year 2018-19. Talking to a group of journalists regarding
Published 19 Mar, 2018 12:00am
PPP leader Chattan escapes missile attack

PPP leader Chattan escapes missile attack

Former Member National Assembly and PPP Khyber Pakhtunkhwa chapter's vice president Akhunzada Chattan on Sunday escaped unhurt in a missile attack at his residence in Bajaur Agency. The officials of Federally-Administered Tribal Areas (Fata) confirmed tha
Published 19 Mar, 2018 12:00am
SCCI urges government to bring an end to menace of corruption

SCCI urges government to bring an end to menace of corruption

Sarhad Chamber of Commerce and Industry (SCCI) President Zahidullah Khan Shinwari has described corruption as root cause of poverty, social problems, lawlessness and urged the government to take immediate steps for effective role of the anti-corruption de
Published 19 Mar, 2018 12:00am
QWP slams KP government over delay in BRT project

QWP slams KP government over delay in BRT project

Qaumi Watan Party (QWP) provincial chairman Sikandar Hayat Khan Sherpao harshly criticised the PTI led provincial government for making the lives of the KP people miserable with inappropriate Bus Rapid Transit (BRT) project, saying that delay in the proje
Published 19 Mar, 2018 12:00am
Political parties gear up for elections with public gatherings

Political parties gear up for elections with public gatherings

All mainstream political parties, PML-N, PPP, PTI, ANP, PAT, JIP, JUI-F, sprinter groups of MQM and others have stepped up their electioneering for the general elections scheduled to be held in August this year. Under the constitution, the five year term
Published 19 Mar, 2018 12:00am
Punjab government, PAF sign agreement to set up Cadet College

Punjab government, PAF sign agreement to set up Cadet College

The Punjab School Education Department and Pakistan Air Force (PAF) signed an agreement here on Sunday under which a Cadet College will be set up in Fort Munro area of Dera Ghazi Khan. Government of Punjab will provide 100 acres of land for the establishm
Published 19 Mar, 2018 12:00am
Sanaullah accuses Imran of being controlled with remote

Sanaullah accuses Imran of being controlled with remote

The Punjab Minister for Law and Parliamentary Affairs, Rana Sanaullah Khan has said that chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan is being 'remote controlled' but his conspiracies will not prevail. Talking to media persons here on Sunday, Rana S
Published 19 Mar, 2018 12:00am
Plastic, printing & packaging expo ends

Plastic, printing & packaging expo ends

Attracting over 9000 trade visitors and more than a dozen trade deals the 3P, the 14th International Plastic, Printing and Packaging Exhibition successfully concluded on Sunday here at Expo Centre Karachi. Event was organized by the FAKT Exhibitions. Expo
Published 19 Mar, 2018 12:00am
PTM demands due rights, respect for Pakhtuns

PTM demands due rights, respect for Pakhtuns

Pakhtuns Tahaffuz Movement (PTM) took out a rally at Shlobar Square, Kamberabad area of Tehsil Bara, Khyber Agency on Sunday, demanding the government to give due rights and respect to Pakhtun community. Besides the central leadership of PTM, large number
Published 19 Mar, 2018 12:00am