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Sep 22, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-04-19
Britain accuses 'reckless Russia' of breaking chemical arms ban

Britain accuses 'reckless Russia' of breaking chemical arms ban

Britain accused Russia on Wednesday of breaking the two-decade international ban on chemical weapons, at emergency talks into last month's poisoning with a nerve agent of a former Russian spy. The accusations came as diplomats from the Organisation for th
Published 19 Apr, 2018 12:00am
Gunmen kidnap Afghan election staff, burn voter documents

Gunmen kidnap Afghan election staff, burn voter documents

Gunmen have attacked a voter registration centre in Afghanistan, kidnapping five people, including three election employees, and destroying documents, officials said Wednesday. The incident in the central province of Ghor on Tuesday underscores concerns a
Published 19 Apr, 2018 12:00am
US airlines can still fly over Russia

US airlines can still fly over Russia

US airlines are still able to fly in Russian air space, the transport ministry assured on Wednesday despite a transit agreement between Washington and Moscow expiring shortly. "The Transport Minister of the Russian Federation confirms that flights of Amer
Published 19 Apr, 2018 12:00am
China holds live-fire drills in Taiwan Strait

China holds live-fire drills in Taiwan Strait

China held live-fire drills in the Taiwan Strait on Wednesday but Taipei dismissed the exercises as "routine" after expected large-scale naval manoeuvres failed to materialise. Beijing had announced the drills last week, further ramping up tensions follow
Published 19 Apr, 2018 12:00am
One dead after Southwest jet engine failure: US official

One dead after Southwest jet engine failure: US official

A catastrophic engine failure on a Southwest Airlines flight from New York to Dallas left one person dead and prompted an emergency landing in Philadelphia on Tuesday. Southwest flight 1380, a Boeing 737, encountered a problem with the engine shortly afte
Published 19 Apr, 2018 12:00am
Sudan diplomats unpaid for months
Currency

Sudan diplomats unpaid for months

A cash shortfall has seen several Sudanese foreign diplomats go unpaid for months and they have been seeking to return home as a result, Foreign Minister Ibrahim Ghandour said Wednesday. In a speech to lawmakers, Ghandour said his ministry had also been u
Published 19 Apr, 2018 12:00am
Castro rule nears end in Cuba, Diaz-Canel poised to take over

Castro rule nears end in Cuba, Diaz-Canel poised to take over

The Castro brothers' six-decade grip on power in Cuba approached its end Wednesday as the country's National Assembly named number two Miguel Diaz-Canel as the sole candidate for the presidency. Diaz-Canel, a 57-year-old Communist Party official and the c
Published 19 Apr, 2018 12:00am
Shanghai aluminium rises
Exchange

Shanghai aluminium rises

On the Shanghai Futures Exchange, the most-traded June aluminium contract closed 0.5 percent higher at 14,930 yuan ($2,376) a tonne on Wednesday, just below a nearly three-month high reached on Tuesday. In Shanghai, copper gained 0.6 percent to end at 51,
Published 19 Apr, 2018 12:00am
Nickel soars to three-year top, other metals up
Exchange

Nickel soars to three-year top, other metals up

Nickel soared to a three-year peak on Wednesday as what analysts said were misplaced concerns that the metal would become ensnared in US sanctions on Russian companies caused it to break through key technical levels. Three-month nickel on the London Metal
Published 19 Apr, 2018 12:00am
Oil jumps three percent on Saudi price target, US stockpiles

Oil jumps three percent on Saudi price target, US stockpiles

Oil futures jumped nearly 3 percent on Wednesday on a decline in US crude inventories and after sources signalled top exporter Saudi Arabia wants to see the crude price closer to $100 a barrel. Opec's new price hawk Saudi Arabia would be happy for crude t
Published 19 Apr, 2018 12:00am
Rubber climbs
Exchange

Rubber climbs

Benchmark Tokyo rubber futures edged higher for a second session on Wednesday, helped by firmer Shanghai futures and lower yen against the US dollar, but concerns over the rising inventories capped gains. The Tokyo Commodity Exchange (TOCOM) rubber contra
Published 19 Apr, 2018 12:00am
Malaysian palm oil flat
Vegetable Oil

Malaysian palm oil flat

Malaysian palm oil futures closed flat on Wednesday as short covering in the second half of trade helped the market recover from losses earlier in the day. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange closed
Published 19 Apr, 2018 12:00am
Cocoa surges to 2016 highs, raw sugar rebounds

Cocoa surges to 2016 highs, raw sugar rebounds

Cocoa futures on ICE rallied more than 3 percent to the highest since 2016 on Wednesday, buoyed by chart-based buying and stronger-than-expected European grind data, while raw sugar rebounded from a 2-1/2-year low. July New York cocoa settled up $96, or 3
Published 19 Apr, 2018 12:00am
Gold rises in New York

Gold rises in New York

Gold turned positive on Tuesday as some investors held onto positions, while a sharper risk appetite benefited cyclical assets at bullion's expense as the US dollar's recovery from three-week lows versus the euro added pressure on the metal. Gold rallied
Published 19 Apr, 2018 12:00am
Gold slips in Asia

Gold slips in Asia

Gold prices slipped on Wednesday after rising for three straight sessions as investors opted for riskier assets, with the dollar holding its gains on the back of upbeat US economic data. "There was a general increase in risk appetite, which boosted equiti
Published 19 Apr, 2018 12:00am
Gold surges in Europe

Gold surges in Europe

Gold prices rose to a one-week high on Wednesday on technical trading and as the dollar held near three-week lows even as risk appetite lifted stocks. Spot gold was up 0.3 percent at $1,351.08 per ounce by 1356 GMT, after touching its highest since April
Published 19 Apr, 2018 12:00am
US MIDDAY: wheat futures rise

US MIDDAY: wheat futures rise

US wheat futures rose on Wednesday, with the benchmark Chicago Board of Trade soft red winter wheat contract hitting a one-week high on concerns that rains forecast for the US Plains will not meet earlier expectations. Additionally, there was concern that
Published 19 Apr, 2018 12:00am
US MIDDAY: gold advances

US MIDDAY: gold advances

Gold prices rose to a one-week high on Wednesday on technical trading and some safe-haven demand even as the dollar held on to gains and stocks rose on risk appetite. Spot gold was up 0.2 percent at $1,349.71 per ounce by 1:48 pm EDT (1748 GMT), after tou
Published 19 Apr, 2018 12:00am
New Islamabad Airport's opening put off till May 3

New Islamabad Airport's opening put off till May 3

Delays continue to hit New Islamabad International Airport, as its formal inauguration date has been extended, once again, to May 3, 2018 despite earlier confirmation from the government to inaugurate the much-delayed project on May 1. Director Planning &
Published 19 Apr, 2018 12:00am
Pakgen Power Limited
Mutual Funds

Pakgen Power Limited

Pakgen Power Limited (PSX: PKGP) was incorporated in 1995 with the registered head office based out of Lahore. The company originally started its commercial operations in February 1998. The principal activities of the power company are to own, operate and
Published 19 Apr, 2018 12:00am
Pakgen Power Limited
Mutual Funds

Pakgen Power Limited

Pakgen Power Limited (PSX: PKGP) was incorporated in 1995 with the registered head office based out of Lahore. The company originally started its commercial operations in February 1998. The principal activities of the power company are to own, operate and
Published 19 Apr, 2018 12:00am
Dr Umar Saif appointed Unesco Chair for ICTD

Dr Umar Saif appointed Unesco Chair for ICTD

World renowned Pakistani Computer Scientist, Dr Umar Saif has been appointed as the UNESCO Chair for using Information and Communication Technology for Development (ICTD). The establishment of the UNESCO Chair is an acknowledgement of Dr Umar Saif's work
Published 19 Apr, 2018 12:00am
Child abuse cases on the rise: report

Child abuse cases on the rise: report

A non-governmental organisation (NGO) working against child sexual abuse in Pakistan, Sahil, has revealed that the cases of child abuse in Pakistan are increasing with every passing day. The organisation, in its report revealed that in Pakistan 3445 child
Published 19 Apr, 2018 12:00am
Shahbaz vows to usher in era of prosperity in KPK

Shahbaz vows to usher in era of prosperity in KPK

Pakistan Muslim League-Nawaz (PML-N) President Shahbaz Sharif in a meeting with the PML-N KPK president, Engineer Amir Muqam, here on Wednesday expressed his resolve to usher in a revolution of development and prosperity in the KPK, if provided an opportu
Published 19 Apr, 2018 12:00am
Three MQM-L activists arrested in Lahore

Three MQM-L activists arrested in Lahore

The law-enforcement agencies on Wednesday apprehended three activists of Muttahida Qaumi Movement-London (MQM-London) during a raid conducted at a house of Sultan Moosa located in Garhi Shahu area of Lahore. According to police sources, on a tip off, the
Published 19 Apr, 2018 12:00am
LG earns top honours at 2018 Red Dot Awards

LG earns top honours at 2018 Red Dot Awards

LG Electronics received 21 honors at this year's Red Dot Design Awards, one of the world's top three design awards alongside iF Design Awards and IDEA (International Design Excellence Awards). Of the products recognized, two LG products shone the brightes
Published 19 Apr, 2018 12:00am
Energy crisis has almost come to an end: Punjab chief minister

Energy crisis has almost come to an end: Punjab chief minister

Punjab Chief Minister Shahbaz Sharif has said that economic activities have increased due to sufficient reduction in loadshedding and terrorism; similarly, sufficient improvements have been witnessed in trade and investment sectors. He expressed these vie
Published 19 Apr, 2018 12:00am
PITB's Citizen Contact Centre receives 2.3 million calls in 30 months

PITB's Citizen Contact Centre receives 2.3 million calls in 30 months

The Punjab Information Technology Board (PITB)'s project, "Citizen Contact Centre" (CCC) launched in November, 2015 has answered 2,393,832 (2.3 million) calls till date in response to inbound calls from the respective citizen for information, complaint an
Published 19 Apr, 2018 12:00am
Saarc CCI's vice presidents to meet in Pakistan on April 27
Exchange

Saarc CCI's vice presidents to meet in Pakistan on April 27

President SAARC Chamber of Commerce and Industry Ruwan Edirisinghe, after assuming the charge of his office, convened three-day meeting of senior vice presidents and all vice presidents from member countries in Pakistan on April 27 to finalize vision 2030
Published 19 Apr, 2018 12:00am
Zameen.com marks five million monthly visits

Zameen.com marks five million monthly visits

Zameen.com, Pakistan's top property portal, announced here Wednesday that it had crossed the 5 million monthly visits mark in March 2018, with 32.9 million page views across all devices and platforms. Around 30% of this traffic came from overseas Pakistan
Published 19 Apr, 2018 12:00am
'PAD striving hard to achieve cotton sowing target'
Cotton

'PAD striving hard to achieve cotton sowing target'

Secretary Agriculture Punjab Muhammad Mahmood has said that cotton growing has started throughout the province and the department is striving hard to achieve target of cotton sowing on area of 6 million acres. He was speaking at a seminar arranged by the
Published 19 Apr, 2018 12:00am
Pharma industry submits budgetary proposals to MoF

Pharma industry submits budgetary proposals to MoF

Pharmaceutical industry has submitted its budgetary proposals to Ministry of Finance demanding reduction in import duty on machinery and packaging material utilized in the industry. In its proposals, the pharmaceutical industry has urged the government to
Published 19 Apr, 2018 12:00am
Pharma industry submits budgetary proposals to MoF

Pharma industry submits budgetary proposals to MoF

Pharmaceutical industry has submitted its budgetary proposals to Ministry of Finance demanding reduction in import duty on machinery and packaging material utilized in the industry. In its proposals, the pharmaceutical industry has urged the government to
Published 19 Apr, 2018 12:00am
i2c appoints Joseph DeRosa as EVP

i2c appoints Joseph DeRosa as EVP

i2c, a global provider of smarter payments and integrated commerce solutions, announced that it has appointed Joseph DeRosa as executive vice president of Global Sales and Marketing. Reporting directly to i2c's Chief Executive Officer Amir Wain, DeRosa is
Published 19 Apr, 2018 12:00am
1,655 KP police officials sacrificed lives so far in war against terror

1,655 KP police officials sacrificed lives so far in war against terror

In the ongoing war against terror so far 1655 police officers and jawans of Khyber Pakhtunkhwa police sacrificed their precious lives in line of duty till 1st quarter of the year 2018. Capital City Police rendered more sacrifices and stood 1st with the ta
Published 19 Apr, 2018 12:00am
Punjab okays Rs 411 million for prevention of malaria, influenza

Punjab okays Rs 411 million for prevention of malaria, influenza

The Punjab government has approved an amount of Rs411 million for the control of deadly and infectious disease Malaria and Avian influenza. The approval was given by the government's development forum Provincial Development Working Party in its 60th meeti
Published 19 Apr, 2018 12:00am
NPO evolves strategy to reduce CO2 emissions

NPO evolves strategy to reduce CO2 emissions

National Productivity Organization (NPO) has developed capacities to enhance resources efficiency, reduce per unit production cost and decrease CO2 emissions. This was disclosed at a seminar hosted the APO-NPO Conference on energy efficiency and conservat
Published 19 Apr, 2018 12:00am
Farrukh Rasheed assumes charge of SSP Traffic

Farrukh Rasheed assumes charge of SSP Traffic

Flight Lieutenant Farrukh Rasheed (retd) has assumed charge as senior superintendent of Islamabad Traffic Police here on Wednesday, says a press release. Farrukh Rasheed, an officer of Grade-19, is from 30th Common PSP Group and has served on various post
Published 19 Apr, 2018 12:00am
Two hurt in IED blast

Two hurt in IED blast

Two people were sustained injuries when an Improvised Explosive Device (IED) planted by unknown militants went off at Sarozai, Dars area of Aka Khel, Tehsil Bara of Khyber Agency on Wednesday. The forces official while confirming the incident told that th
Published 19 Apr, 2018 12:00am
'NAB investigating cases purely on merits'

'NAB investigating cases purely on merits'

The National Accountability Bureau (NAB) Punjab Director General Saleem Shahzad on Wednesday said the NAB had been investigating cases purely on merits. Talking to media persons at the Lahore High Court, the DG NAB said, "Everyone wants accountability in
Published 19 Apr, 2018 12:00am
Appeals of three convicted terrorists of TTP rejected

Appeals of three convicted terrorists of TTP rejected

The Supreme Court Wednesday dismissed the appeals of three convicted terrorists of Tehreek-e-Taliban Pakistan (TTP) against their incarcerations. A three-member bench, headed by Justice Asif Saeed Khan Khosa and comprising Justice Maqbool Baqar and Justic
Published 19 Apr, 2018 12:00am
Pak-Afghan officials hold meeting at Torkham border

Pak-Afghan officials hold meeting at Torkham border

To discuss matters of mutual interests, the flag meeting of Pak-Afghan officials held in Torkham border on Wednesday. According to the forces official, the moot was organized at zero point of the border and Colonel Arshad represented the Pakistani side wh
Published 19 Apr, 2018 12:00am
Government mops up Rs 34 billion via PIBs

Government mops up Rs 34 billion via PIBs

The federal government Wednesday borrowed over Rs 34 billion through the auction for long-term government bonds. Auction for Pakistan Investment Bonds (PIBs) was held on April 18, 2018 for the sale of 3-, 5-, 10- and 20-year varieties. Overall, the SBP re
Published 19 Apr, 2018 12:00am
Government mops up Rs 34 billion via PIBs

Government mops up Rs 34 billion via PIBs

The federal government Wednesday borrowed over Rs 34 billion through the auction for long-term government bonds. Auction for Pakistan Investment Bonds (PIBs) was held on April 18, 2018 for the sale of 3-, 5-, 10- and 20-year varieties. Overall, the SBP re
Published 19 Apr, 2018 12:00am
Sattar accuses Bahadurabad faction of pressurising PIB members

Sattar accuses Bahadurabad faction of pressurising PIB members

The accusations and cross accusations between two factions of Muttahida Qaumi Movement Pakistan (MQM-P)- Bahadurabad & PIB - continued unabated on Wednesday when Dr Farooq Sattar, chief of PIB faction of party accused the rival Bahadurabad group of indulg
Published 19 Apr, 2018 12:00am
PTI criticises PPP for allowing liquor shops in residential areas

PTI criticises PPP for allowing liquor shops in residential areas

The PTI on Wednesday criticized the PPP-government for permitting liquor shops within the residential areas, saying the law protects the public places, Masajid and schools from trade of alcoholic beverages. On a call-attention notice during the Sindh Asse
Published 19 Apr, 2018 12:00am
PFMA urges government to clear rebate payments

PFMA urges government to clear rebate payments

Pakistan Flour Mills Association (PFMA) has urged the federal government for immediate payment of Rs 4 billion pending rebate on wheat export. While, addressing the press conference on Wednesday at the Karachi Press Club, PFMA chairman Chaudary Ansar Jawe
Published 19 Apr, 2018 12:00am
Lawyers boycott lower court's proceedings

Lawyers boycott lower court's proceedings

Lawyers on Wednesday boycotted the judicial proceedings in the lower court against the police torture and arrest of public prosecutors in Karachi the other day. Sindh Police subjected the public prosecutors to severe torture and clamped crackdown at their
Published 19 Apr, 2018 12:00am
NAB raids local government office, arrests two accused
Currency

NAB raids local government office, arrests two accused

NAB Karachi during a series of raids conducted over the period of previous two days and Wednesday arrested two accused persons, Javed Qamar who is currently serving as Director Establishment DMC West Karachi and Ramzan Solangi PS to Secretary Local Govern
Published 19 Apr, 2018 12:00am
SHEC matter can't be referred to CCI as per law, SHC told

SHEC matter can't be referred to CCI as per law, SHC told

Sindh Government on Wednesday submitted to Sindh High Court (SHC) that the matter of Provincial Higher Education Commission can't be referred to the Council of Common Interest (CCI) pleading that the commission has been constituted in accordance with the
Published 19 Apr, 2018 12:00am
ISAC meets at SU

ISAC meets at SU

A meeting of Institutional Scholarship Award Committee (ISAC) was held at Vice-Chancellor's office. It was presided over by VC SU Professor Dr Fateh Muhammad Burfat whereas renowned intellectual Professor Mushtaque Mirani, famous media person Zahida Abro,
Published 19 Apr, 2018 12:00am
Meezan Bank, FetchSky sign agreement

Meezan Bank, FetchSky sign agreement

Meezan Bank Limited & FetchSky, a Pakistan based information technology services provider, recently signed an agreement to integrate FetchSky's Peekaboo Connect platform to transform the way Bank's discounts and promotions are presented to customers. Thro
Published 19 Apr, 2018 12:00am
Government asks FBR to avoid new tax measures in budget?

Government asks FBR to avoid new tax measures in budget?

The government has reportedly communicated the Federal Board of Revenue (FBR) not to propose any new revenue generation measure for federal budget 2018-19; it was learnt. As 2018 is elections year, the government is keen to incentivize the public through
Published 19 Apr, 2018 12:00am
Government asks FBR to avoid new tax measures in budget?

Government asks FBR to avoid new tax measures in budget?

The government has reportedly communicated the Federal Board of Revenue (FBR) not to propose any new revenue generation measure for federal budget 2018-19; it was learnt. As 2018 is elections year, the government is keen to incentivize the public through
Published 19 Apr, 2018 12:00am
Saba Mahmood remembered

Saba Mahmood remembered

A reference in the memory of Professor of Anthropology University of California Berkley Saba Mahmood was organised by Mushtaq Ahmad Gurmani School of Humanities and Social Sciences of Lahore University of Management Sciences (LUMS). The reference was atte
Published 19 Apr, 2018 12:00am
Bid to sumggle cellphones foiled

Bid to sumggle cellphones foiled

Model Customs Collectorate (MCC), Preventive on Wednesday claimed to have foiled an attempt of smuggling 116 cell phones worth Rs 1.3 million from a Pakistani passenger. According to details, the preventive staff posted at Jinnah International Airport (JI
Published 19 Apr, 2018 12:00am
I will quit the institution if string is pulled, says NAB chief
Exchange

I will quit the institution if string is pulled, says NAB chief

Chairman National Accountability Bureau former Justice Javed Iqbal on Wednesday said that there is no power which can pull strings of the Bureau. Talking to reporters here after attending an in-camera meeting of the Public Accounts Committee (PAC), which
Published 19 Apr, 2018 12:00am
94 gets degrees in USPCAS-E convocation at NUST

94 gets degrees in USPCAS-E convocation at NUST

The US Pakistan Centre for Advanced Studies in Energy (USPCAS-E) at National University of Sciences & Technology (NUST) held its first convocation here on Wednesday. As many as 94 students received Master of Science degrees in Energy Engineering. Federal
Published 19 Apr, 2018 12:00am
Hazara man shot dead in Quetta

Hazara man shot dead in Quetta

Another person of Shia Hazara community was shot dead by unidentified armed men at Abdul Sattar road, here on Wednesday. According to police sources, two unidentified armed men riding a motorbike opened fire inside a shop located in Abdul Sattar Road, kil
Published 19 Apr, 2018 12:00am
Two children burnt to death

Two children burnt to death

Two children were burnt to death in huts' fire incident in the metropolis on Wednesday. Rescue sources said that the fire incident took place in Gulistan-e-Johar Block I, shanty village where fire breaks out suddenly from a hut and engulfed the surroundin
Published 19 Apr, 2018 12:00am
Caretaker prime minister MQM PIB proposes four names

Caretaker prime minister MQM PIB proposes four names

Muttahida Qaumi Movement Pakistan PIB faction on Wednesday proposed four names for caretaker prime minister of Pakistan. The coordination Commission of PIB group held its meeting, which was chaired by Dr Farooq Sattar. Party proposed the names of former J
Published 19 Apr, 2018 12:00am
SSGC intensifies drive against gas-theft

SSGC intensifies drive against gas-theft

Sui Southern Gas Company (SSGC) has intensified its operation against theft in its franchise areas. The CGTO operation wing Karachi conducted raid in Orangi town sector 15-A area on plastic molding factory preparing plastic crockery. The owner of the fact
Published 19 Apr, 2018 12:00am
Cheema directly involved in affairs of Paragon: NAB DG

Cheema directly involved in affairs of Paragon: NAB DG

National Accountability Bureau (NAB) Director General (DG) Salim Shahzad said Ahad Cheema has been directly involved in the affairs of Paragon Housing Society. Talking to media, he said there was unusual increase in the accounts of Cheema family during a
Published 19 Apr, 2018 12:00am
81 held in last 24-hour

81 held in last 24-hour

The city police on Wednesday claimed to have arrested around 81 accused in different targeted raids conducted in various parts of metropolis during last 24 hours. Police said that in their 80 raids and two encounters conducted as part of the ongoing opera
Published 19 Apr, 2018 12:00am
Pakistani-American brings politics to New York's Met rooftop

Pakistani-American brings politics to New York's Met rooftop

A Pakistani-American sculptor brings dark times, science fiction and a desire to provoke to New York's famed Metropolitan Museum of Art for this year's rooftop installation overlooking the Manhattan skyline. Huma Bhabha's "We Come in Peace" depicts a towe
Published 19 Apr, 2018 12:00am
Supreme Court hands over custody of three girls to Lithuanian mother

Supreme Court hands over custody of three girls to Lithuanian mother

The Supreme Court Wednesday handed over the custody of three girls to their Lithuanian mother for one month with the observation that a guardian judge will monitor the children during their stay with their mother. A three-member bench headed by Chief Just
Published 19 Apr, 2018 12:00am
'Tit-for-tat curbs on Pakistan diplomats in US'

'Tit-for-tat curbs on Pakistan diplomats in US'

The United States on Wednesday said that its diplomats have been facing longstanding travel restrictions in Pakistan which has prompted the Trump administration to reciprocate in the same manner. "There are longstanding restrictions on movement of diploma
Published 19 Apr, 2018 12:00am
Arms Control & Non-Proliferation: Pak-China bilateral consultations held

Arms Control & Non-Proliferation: Pak-China bilateral consultations held

The fifth round of Pakistan-China bilateral consultations on Arms Control & Non-Proliferation was held in Beijing on 18 April 2018. The Pakistan delegation was led by Kamran Akhtar, Director General (Arms Control and Disarmament) of Pakistan's Ministry of
Published 19 Apr, 2018 12:00am
Thar Foundation's 'Khushaal Naari programme' starts bearing fruit

Thar Foundation's 'Khushaal Naari programme' starts bearing fruit

Indira, 18, belonging to village Thahryo Halepoto of district Tharparkar, has become a home-based industry worker as part of a small and medium cooperative enterprise model, which saves her from any exploitation including middlemen.
Published 19 Apr, 2018 12:00am
JI chief for impartial caretaker PM

JI chief for impartial caretaker PM

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has said that the caretaker Prime Minister must be impartial and all political parties should be taken into confidence in this regard. Talking to different delegations at Mansoora on Wednesday, he said the JI
Published 19 Apr, 2018 12:00am
Afzal identifies areas for investment in Pakistan
Exchange

Afzal identifies areas for investment in Pakistan

State Minister for Finance Rana Afzal has said that Pakistan offers promising investment opportunities while the government has introduced lucrative incentive to attract foreign investment. Halal food, tourism, leather, textile and pharmaceutical are the
Published 19 Apr, 2018 12:00am
800 million hungry people

800 million hungry people

In his latest op-ed titled "Curbing corruption through digitalization" for Business Recorder, M Ziauddin has massive reproduced the work of Stephanie Thomson (Here are four better ways to spend that money - Weekly Agenda, World Economic Forum - January 12
Published 19 Apr, 2018 12:00am
Germany hits brakes on Macron's European dreams
Currency

Germany hits brakes on Macron's European dreams

French President Emmanuel Macron's vision for a stronger European Union may be in tatters as a growing rift emerges with Germany on everything from defence to his plans for deeper eurozone integration. Less than a year after his stunning election win on a
Published 19 Apr, 2018 12:00am
Not in the name of freedom of speech

Not in the name of freedom of speech

The way the mainstream media spread fake news in reporting a Lahore High Court order pertaining to a case of repeated commission of contempt against higher judiciary should give a pause to all. After hearing several petitions challenging Pakistan Electron
Published 19 Apr, 2018 12:00am
The governance debate misses the point
Exchange

The governance debate misses the point

The cleavage among our digital warriors, who spend hours debating the dysfunctionalities of government, is hard to disguise. Right versus left, and the alluring part in between, is passé. What is current is the sharp divide between democracy-wallahs and t
Published 19 Apr, 2018 12:00am
Ban on anti-judiciary speeches

Ban on anti-judiciary speeches

The Supreme Court taking prompt notice of media reports that a Lahore High Court (LHC) bench has banned the airing of alleged anti-judiciary speeches on television channels has categorically refuted such reportage terming it as 'Fake News'. It had been re
Published 19 Apr, 2018 12:00am
IMF's warning

IMF's warning

The outstanding level of external debt and its servicing has become a hot topic these days. Speaking on the subject in Beijing, International Monetary Fund (IMF) chief Christine Lagarde warned China about what she said saddling other countries with a "pro
Published 19 Apr, 2018 12:00am
Secret CIA trip to North Korea raises odds for Trump-Kim summit

Secret CIA trip to North Korea raises odds for Trump-Kim summit

Donald Trump confirmed Wednesday that his CIA chief took part in secret talks in North Korea, the most significant sign that an improbable summit between the US president and Kim Jong Un will go ahead. News of the encounter between the reclusive Kim and M
Published 19 Apr, 2018 12:00am
Secret CIA trip to North Korea raises odds for Trump-Kim summit

Secret CIA trip to North Korea raises odds for Trump-Kim summit

Donald Trump confirmed Wednesday that his CIA chief took part in secret talks in North Korea, the most significant sign that an improbable summit between the US president and Kim Jong Un will go ahead. News of the encounter between the reclusive Kim and M
Published 19 Apr, 2018 12:00am
Senate elections: PTI expels 20 lawmakers for 'selling out' votes

Senate elections: PTI expels 20 lawmakers for 'selling out' votes

For the first time in the annals of Parliament, Pakistan Tehreek-e-Insaf (PTI) on Wednesday announced that it is expelling its 20 MPAs for selling out their votes, for Rs 1.3 billion approximately, in recently held Senate elections. Speaking at a presser
Published 19 Apr, 2018 12:00am
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