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Print - 2018-05-09
Trump ally Grenell takes over as US envoy to Germany

Trump ally Grenell takes over as US envoy to Germany

New US ambassador to Germany Richard Grenell, a strong backer of President Donald Trump, Tuesday assumed the post left vacant for 15 months, already facing criticism amid heightened trans-Atlantic tensions. His start in Berlin came hours before Trump was
Published 09 May, 2018 12:00am
Argentina seeks IMF financing: Macri
Currency

Argentina seeks IMF financing: Macri

Argentina opened discussions with the International Monetary Fund on Tuesday about obtaining a "line of financial support," President Mauricio Macri announced amid a bout of market turbulence in Latin America's third largest economy. In a televised speech
Published 09 May, 2018 12:00am
Malaysian election rivals make final appeals for votes

Malaysian election rivals make final appeals for votes

Malaysia's scandal-plagued prime minister and his rival, 92-year-old former authoritarian leader Mahathir Mohamad, made final pitches for votes Tuesday on the eve of one of the tightest elections in the country's history. Prime Minister Najib Razak faces
Published 09 May, 2018 12:00am
New outbreak of Ebola kills 17 in northwest DR Congo

New outbreak of Ebola kills 17 in northwest DR Congo

Seventeen people in northwest Democratic Republic of Congo (DRC) have died from Ebola, the health ministry said on Tuesday, describing the fresh outbreak as a "public health emergency with international impact." "Twenty-one cases of fever with haemorrhagi
Published 09 May, 2018 12:00am
Armenian protest leader elected prime minister

Armenian protest leader elected prime minister

Armenia's parliament on Tuesday elected opposition leader Nikol Pashinyan as prime minister after he spearheaded weeks of mass protests against the ruling party, transforming the country's political landscape. Lawmakers voted 59 to 42 to approve Pashinyan
Published 09 May, 2018 12:00am
Suicide bomber kills two in east Libya

Suicide bomber kills two in east Libya

A suicide bomber on Tuesday attacked a checkpoint in eastern Libya held by militiamen loyal to strongman Khalifa Haftar, killing at least two people including a civilian, a senior security official said.
Published 09 May, 2018 12:00am
Xi, Kim meet ahead of Trump summit

Xi, Kim meet ahead of Trump summit

Chinese President Xi Jinping met Kim Jong Un in China for the second time in six weeks on Tuesday and later spoke with Donald Trump, in an intensifying whirlwind of diplomacy as the North Korean and US leaders prepare for a historic summit. Kim reiterated
Published 09 May, 2018 12:00am
Palm oil down
Vegetable Oil

Palm oil down

Malaysian palm oil futures rose to a two-week high in early trade on Tuesday, before falling back to end lower on speculation of weaker demand so far in May. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange dipp
Published 09 May, 2018 12:00am
Shanghai copper, zinc up

Shanghai copper, zinc up

The most-traded copper contract on the Shanghai Futures Exchange rose 0.2 percent to 51,220 yuan ($8,050.67) a tonne on Tuesday. Shanghai zinc futures rose for the first time in eight sessions, rallying more than 2 percent on Monday, on a mix of short-cov
Published 09 May, 2018 12:00am
Copper prices fall

Copper prices fall

Copper prices fell on Tuesday as the effect of a strengthening dollar overshadowed positive trade data from China, the world's largest consumer and producer of industrial metals. Chinese imports and exports grew more strongly than expected in April and co
Published 09 May, 2018 12:00am
Gold falls in Europe

Gold falls in Europe

Gold fell on Tuesday as the dollar surged to a new 2018 high, though the precious metal's losses were limited by worries the United States may be set to pull out of a key nuclear accord with Iran. US President Donald Trump is expected to announce at 1800
Published 09 May, 2018 12:00am
Oil recoups some losses after Trump pulls US from Iran nuclear deal

Oil recoups some losses after Trump pulls US from Iran nuclear deal

Oil prices recouped some losses to end about 2 percent lower on Tuesday after President Donald Trump confirmed the US will withdraw from the Iran nuclear deal in a volatile session which saw prices slump as much as 4 percent. Brent crude futures briefly t
Published 09 May, 2018 12:00am
US MIDDAY: soya, corn up

US MIDDAY: soya, corn up

US soyabean and corn futures rose Tuesday on bargain hunting following Monday's sharp declines, and worries about wet forecasts slowing planting in portions of the northern Midwest, analysts said. US wheat futures were mixed, with Chicago Board of Trade s
Published 09 May, 2018 12:00am
US midday: gold flat

US midday: gold flat

Gold prices were flat following a brief increase on Tuesday after the US dollar backed down from a new 2018 high as worries hovered that the United States may be set to pull out of a key nuclear accord with Iran. Spot gold was flat at $1,313.76 per ounce
Published 09 May, 2018 12:00am
Interim suspension of Dar's membership echoes in Senate

Interim suspension of Dar's membership echoes in Senate

The interim suspension of Senate membership of former Finance Minister, Senator-elect Ishaq Dar, echoed in the Senate on Tuesday, as senators raised questions on the decision of the Supreme Court. Speaking on a point of order, Senator Raza Rabbani said th
Published 09 May, 2018 12:00am
Papco multi-grading white oil pipeline to transport Mogas

Papco multi-grading white oil pipeline to transport Mogas

With an investment of around $ 200 million, Pak-Arab Pipeline Company (Papco) - a high speed diesel supply chain in Pakistan is in the process of multi-grading its white oil pipeline to transport motor gasoline from Karachi port to Mehmood Kot in Multan.
Published 09 May, 2018 12:00am
Corruption reference: trial court says needs another extension

Corruption reference: trial court says needs another extension

Accountability Court Judge Muhammad Bashir Tuesday said that a letter has been written to the Supreme Court for seeking another extension in the trial of corruption references filed against the Sharif family members by National Accountability Bureau (NAB)
Published 09 May, 2018 12:00am
PIA losses amounts to Rs 360 billion, SC told

PIA losses amounts to Rs 360 billion, SC told

The Supreme Court was informed on Tuesday that the accumulated losses of national flag carrier, which were Rs 73 billion in 2008, increased to Rs 360 billion in 2018. Chief Justice Mian Saqib Nisar, heading a four-judge bench, noted that all the losses we
Published 09 May, 2018 12:00am
High levy charges on cell phones: SC seeks reply within a week

High levy charges on cell phones: SC seeks reply within a week

The Supreme Court on Tuesday directed the federal and provincial governments and the cellular companies to file reply within one week on high levy charged on mobile phone cards. A four-member bench headed by Chief Justice Mian Saqib Nisar was hearing a su
Published 09 May, 2018 12:00am
Pakistan State Oil
Mutual Funds

Pakistan State Oil

Oil marketing companies have seen a drastic change in their sales over the last year with furnace oil taking a back seat and retail fuels growth picking up staggering pace along with LNG. Pakistan State Oil Company Limited (PSX: PSO), the largest OMC fuel
Published 09 May, 2018 12:00am
Pakistan State Oil
Mutual Funds

Pakistan State Oil

Oil marketing companies have seen a drastic change in their sales over the last year with furnace oil taking a back seat and retail fuels growth picking up staggering pace along with LNG. Pakistan State Oil Company Limited (PSX: PSO), the largest OMC fuel
Published 09 May, 2018 12:00am
CTP Lahore establishes modern gymnasium

CTP Lahore establishes modern gymnasium

Besides offering so many new facilities, the City Traffic Police (CTP) Lahore has established a state-of-the-art gymnasium at Traffic Police Lines Manawan with an aim to keep traffic wardens fit and healthy. "We have also established a state-of-the-art hy
Published 09 May, 2018 12:00am
Power supply to 80 villages ensured in one month: Lesco

Power supply to 80 villages ensured in one month: Lesco

Chief Executive Officer (CEO) Lahore Electric Supply Company (Lesco) Mujahid Pervaiz Chattha said on Wednesday that power supply to 80 villages had been ensured through effective transmission system within a short period of one month. He said all the fiel
Published 09 May, 2018 12:00am
Commercial importers: LCCI for restoration of final tax regime

Commercial importers: LCCI for restoration of final tax regime

Lahore Chamber of Commerce and Industry has urged the federal finance minister and Chairman Federal Board of Revenue to restore the final tax regime for the commercial importers in the larger interest of the industry. LCCI President Malik Tahir Javaid in
Published 09 May, 2018 12:00am
Punjab to procure 4 million metric tons of wheat

Punjab to procure 4 million metric tons of wheat

A comprehensive and solid policy is being followed for the purchase of wheat in a transparent manner by providing all out facilities to the wheat growers. This was stated by Punjab Labour Minister Raja Ishfaq Sarwar during his visit at wheat procurement c
Published 09 May, 2018 12:00am
Licences of fake and non-active TOs being cancelled: DGTO

Licences of fake and non-active TOs being cancelled: DGTO

Global businesses are fast shifting to South Asia and Pakistan could survive in this changing environment only by virtue of its vibrant, dynamic, well regulated and fully compliant Chambers of Commerce & Industries (CCIs) and Trade Organizations (TOs), sa
Published 09 May, 2018 12:00am
Ramazan moon likely to be sighted on May 16

Ramazan moon likely to be sighted on May 16

The Meteorological department has said that according to astronomical parameters, there is a Fair Chance of sighting the new moon of Ramazan, 1439 AH on the evening of 16-05-2018 ie on 29th of Shaban, 1439 AH. According to climate record, the weather is e
Published 09 May, 2018 12:00am
MOs briefed about Punjab Safe Cities Authority

MOs briefed about Punjab Safe Cities Authority

Military officers from CMP (Corps of Military Police) School, Dera Ismail Khan Branch, visited PPIC3, Qurban Lines Lahore on Tuesday. The 14-member delegation was appraised of functions and structure of the premier project of Punjab Safe Cities Authority
Published 09 May, 2018 12:00am
PFIA urges government to provide incentives to commercial importers

PFIA urges government to provide incentives to commercial importers

Pakistan FMCG Importers Association (PFIA) has urged the government to provide relief and incentives to the commercial importers as certain measures proposed in the budget for the next financial year will be creating hardships for them. In a joint stateme
Published 09 May, 2018 12:00am
HEC, Microsoft announce 'Imagine Cup' winners 2018

HEC, Microsoft announce 'Imagine Cup' winners 2018

The Higher Education Commission (HEC) and Microsoft, Pakistan announced the national winners of Imagine Cup 2018, a technology competition on Tuesday. National University of Sciences and Technology (NUST) School of Electrical Engineering and Computer Scie
Published 09 May, 2018 12:00am
Government advised to increase domestic oilseeds production

Government advised to increase domestic oilseeds production

Pakistan should work for increasing domestic production of oilseeds to meet its growing need for edible oil and reduce reliance on import to save the precious foreign exchange and ensure economic development. "Domestic production of soft oil, canola, sunf
Published 09 May, 2018 12:00am
PRGMEA urges government to extend PM incentive package for two years

PRGMEA urges government to extend PM incentive package for two years

The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) demanded that government should declare export emergency in the federal budget for 2018-19, which is presently under discussion in the national assembly, as there is no other s
Published 09 May, 2018 12:00am
Penalty reduced to Rs 200,000 on stock broker

Penalty reduced to Rs 200,000 on stock broker

A two-member appellant bench of the Securities and Exchange Commission of Pakistan (SECP) has reduced penalty from Rs 400,000 to Rs 200,000 imposed on a stock broker, who failed to file quarterly financial returns through online Financial Reporting System
Published 09 May, 2018 12:00am
Irsa fails to help resolve water issue between Sindh, Punjab

Irsa fails to help resolve water issue between Sindh, Punjab

The Indus River System Authority (Irsa) on Tuesday expressed its inability to broker any arrangement between Sindh and Punjab on water distribution to deal with current scarcity in Sindh, amid weather forecast that May and June would be dry months.
Published 09 May, 2018 12:00am
Metropolitan Nursing Awards ceremony on May 11

Metropolitan Nursing Awards ceremony on May 11

Mayor of Karachi Wasim Akhtar on Tuesday said a ceremony of 1st Metropolitan Nursing Awards will be held on May 11 to encourage the people associated with this noble profession and to acknowledge their contribution towards service of ailing humanity. He s
Published 09 May, 2018 12:00am
TI urges Prime Minister to review tax amnesty scheme

TI urges Prime Minister to review tax amnesty scheme

Transparency International (TI) Pakistan has urged Prime Minister Shahid Khaqan Abbasi to save billions of rupees of Pakistan and reject silent proposal to provide huge illegal tax benefits to untaxed/black money through Finance Bill (Budget) 2018 and rei
Published 09 May, 2018 12:00am
Acting vice chancellor SU visits exam centres

Acting vice chancellor SU visits exam centres

Sindh University and its campuses, first semester examinations 2018 of morning and evening are in progress in a peaceful manner. Acting Vice Chancellor Professor Dr Akhtar Hussain Moghal, visited various examination centres at Elsa Kazi Campus Hyderabad a
Published 09 May, 2018 12:00am
PBIF chief for traders' involvement in TVET projects

PBIF chief for traders' involvement in TVET projects

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has suggested more involvement of business community in projects working under TVET for better results. He said under the strategy of TVET, various programmes have been laun
Published 09 May, 2018 12:00am
Opposition urges government to present LNG contract in Senate

Opposition urges government to present LNG contract in Senate

Opposition in the Senate on Tuesday demanded the government to present before the House the LNG contract signed by the present government with Qatar. This was demanded by Leader of the Opposition Sherry Rehman during the debate on the federal budget 2018-
Published 09 May, 2018 12:00am
Madaris reforms discussed at Nacta HQ

Madaris reforms discussed at Nacta HQ

In pursuance of directions of the federal minister for interior, a meeting was held at National Counter Terrorism Authority (NACTA) Headquarters to discuss matter related to registration and madaris reforms. The meeting was presided over by National Coord
Published 09 May, 2018 12:00am
Chairpersons of three Senate committees elected

Chairpersons of three Senate committees elected

Senators Nuzhat Sadiq, Molana Abdul Ghafoor Haideri and Shamim Afridi were respectively elected as Chairpersons of the Senate Standing Committees on Maritime Affairs, Religious Affairs & Inter-Faith Harmony and Water Resources whereas Senator Mustafa Nawa
Published 09 May, 2018 12:00am
Impediments hampering Pak-Afghan trade to be removed
Cotton

Impediments hampering Pak-Afghan trade to be removed

Pakistan and Afghanistan on Tuesday agreed to remove impediments hampering bilateral and transit trade and holding of Afghanistan-Pakistan Transit Trade Coordination Authority pending since long after Kabul put a condition to include India in the APTTA.
Published 09 May, 2018 12:00am
Corp Commander Peshawar visits Torkham border

Corp Commander Peshawar visits Torkham border

Corp Commander Peshawar Lieutenant General Nazir Ahmad Butt along with Inspector General Frontier Corp (IGFC), Major General Waseem Ashraf and Commissioner Peshawar, Shahab Ali Shah visited the Torkham border on Tuesday and examined routine activities of
Published 09 May, 2018 12:00am
Police probe process: CJP forms body led by ex-IGP Shigri

Police probe process: CJP forms body led by ex-IGP Shigri

Chief Justice Mian Saqib Nisar Tuesday constituted a committee headed by former Inspector General of Police Afzal Ali Shigri regarding improvements in police investigation process. The committee was directed to file the terms of reference (ToR) regarding
Published 09 May, 2018 12:00am
Justice Munib takes oath as SC judge

Justice Munib takes oath as SC judge

Chief Justice Mian Saqib Nisar on Tuesday administered the oath of office to Justice Munib Akhtar, judge of Sindh High Court, as the judge of the Supreme Court here at the Supreme Court in a simple but dignified ceremony.
Published 09 May, 2018 12:00am
Quality education constitutional right of all citizens: Marriyum

Quality education constitutional right of all citizens: Marriyum

Information Minister Marriyum Aurangzeb has said that quality education is the constitutional right of all citizens. She was chairing a meeting of the Parliamentary Taskforce on Sustainable Development Goals (SDGs) here on Tuesday. The minister was briefe
Published 09 May, 2018 12:00am
Grand Hyatt Apartments: NAB fails to submit report in PAC moot

Grand Hyatt Apartments: NAB fails to submit report in PAC moot

National Accountability Bureau (NAB) did not submit its investigative report regarding Grand Hyatt apartments Islamabad in Public Accounts Committee (PAC) meeting held here on Tuesday. A meeting of the sub-committee of PAC was held here on Tuesday to disc
Published 09 May, 2018 12:00am
CDA declares Banigala & other societies illegal

CDA declares Banigala & other societies illegal

The Capital Development Authority (CDA) Tuesday informed a parliamentary body that all the housing societies in Bani Gala area of Islamabad as well as a number of other housing societies are not approved by the civic body so all the societies stand illega
Published 09 May, 2018 12:00am
USC to form vigilance teams to monitor Ramazan package

USC to form vigilance teams to monitor Ramazan package

MD Utility Stores Corporation Syed Habibur Rehman Gillani chaired the meeting of Executive Board, addressed zonal managers via video link and decided to frame vigilance teams to monitor Ramzan Package.
Published 09 May, 2018 12:00am
Training aircraft crashes in Lahore's Garden Town

Training aircraft crashes in Lahore's Garden Town

A small training aircraft was crashed in a populated area of Lahore's Garden Town on Tuesday afternoon, rescuers and police officials said. The plane's pilot identified as Muhammad Faheem and trainee co-pilot Hasham were slightly wounded when their plane
Published 09 May, 2018 12:00am
Project to make transport facilities accessible to women launched

Project to make transport facilities accessible to women launched

The Women Development Department (WDD) Punjab in collaboration with the UN Women launched a pilot project in the provincial capital on Tuesday to make public transport facilities accessible, safe and harassment-free for women. In a ceremony held here on T
Published 09 May, 2018 12:00am
Fata students to visit Faisalabad

Fata students to visit Faisalabad

A delegation of 50 students of Fata would reach here on Thursday on a two-day visit. The delegation would be accorded warm welcome by District Administration. Deputy Commissioner Salman Ghani would receive the youth's delegation and apprised them about th
Published 09 May, 2018 12:00am
YLC '18 to be held in July

YLC '18 to be held in July

The School of Leadership announced this year's Young Leaders Conference (YLC), marking the 17th year of the conference with the primary objective of changing lives of youngsters by connecting them with opportunities for the future. Making the announcement
Published 09 May, 2018 12:00am
SHC rejects former Sindh IGP's bail Application

SHC rejects former Sindh IGP's bail Application

Sindh High Court (SHC) on Tuesday turned down the bail application of former IG Sindh Ghulam Haider Jamali along with seven other co-accuseds in a case pertaining to illegal appointments in Sindh Police. Court also directed to arrest Ghualm Haider Jamali
Published 09 May, 2018 12:00am
NKATI urges government to help resolve gas issue

NKATI urges government to help resolve gas issue

Industrialists of North Karachi Association of Trade and Industry (NKATI) have asked Chief of the Army Staff, Chief Justice of Pakistan and Sindh's Governor and Chief Minister to play their role to help resolve gas shortage and gas pressure issue on prior
Published 09 May, 2018 12:00am
Bilawal invites PTI to hold rally at 'disputed' venue

Bilawal invites PTI to hold rally at 'disputed' venue

Pakistan Peoples Party (PPP) chairman Bilawal Bhutto-Zardari on Tuesday invited Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan to hold his party's rally at the 'disputed' Hakim Said Ground that caused tension between the two parties. PTI and PPP had rema
Published 09 May, 2018 12:00am
July-March 2017-18: Seafood export grows to $315.597 million

July-March 2017-18: Seafood export grows to $315.597 million

Pakistan's seafood export continues growing to $315.597 million in July-March 2017-18, higher by 14.43 percent, official figures say. Rise in seafood export now stands at $39.79 million in July-March 2017-18 from $275.807 million in July-March 2016-17, Pa
Published 09 May, 2018 12:00am
IT Centre opens at DGPR

IT Centre opens at DGPR

Malik Muhammad Ahmed Khan, Advisor to Chief Minister on Information and Culture, Spokesman Punjab Government has inaugurated state-of-the-art IT Centre of advertisement section at Directorate General Public Relations (DGPR) here Tuesday. DGPR Shahid Iqbal
Published 09 May, 2018 12:00am
WCLA completes Royal Trail Package-2

WCLA completes Royal Trail Package-2

The project of Royal Trail Package-2 (Chowk Purani Kotwali to Masti Gate, opposite Akbari Gate of Lahore Fort) has been completed by the Walled City of Lahore Authority (WCLA) with a cost of Rs 650 million. The major interventions in this project were faç
Published 09 May, 2018 12:00am
KCCI urges LG minister to withdraw KMC shops rent by 20 percent

KCCI urges LG minister to withdraw KMC shops rent by 20 percent

President of Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik has requested Sindh Minister for Local Government Jam Khan Shoro to issue directives to Karachi Municipal Corporation (KMC) for immediate withdrawal of 20 percent increase in
Published 09 May, 2018 12:00am
Shahbaz reiterates to develop Sindh if voted to power

Shahbaz reiterates to develop Sindh if voted to power

President Pakistan Muslim League-N and Punjab Chief Minister Shahbaz Sharif has vowed to make Sindh a developed province with provision of all basic facilities if the party receive mandate from the people of the province. He made this commitment while add
Published 09 May, 2018 12:00am
NUST hosts open house, job fair

NUST hosts open house, job fair

Open House and Job Fair 2018 was held at NUST College of Electrical & Mechanical Engineering (CEME), Rawalpindi, on Tuesday. Renowned scientist former Chairman NESCOM and former Member Science & Technology Planning Commission of Pakistan Dr Samar Mubarakm
Published 09 May, 2018 12:00am
Sindh cabinet okays NICVD chief's office term

Sindh cabinet okays NICVD chief's office term

Sindh Cabinet has accorded approval to the appointment of executive director of NICVD alongside nodding some draft bills that were referred to the provincial legislature. Sindh Chief Minister Syed Murad Ali Shah presided over the cabinet meeting at the Ne
Published 09 May, 2018 12:00am
Schoolchildren protest against Agra Taj Colony's filthy environment

Schoolchildren protest against Agra Taj Colony's filthy environment

Carrying brooms, wipers and brushes, schoolchildren of Lyari gathered at Mauripur Road to register their protest against dilapidated infrastructure in nearby Agra Taj Colony, here on Tuesday. "I could not pass through the streets to reach my school," Same
Published 09 May, 2018 12:00am
Six killed in car-truck collision

Six killed in car-truck collision

Six persons including two women and three children lost their lives as a speedy car dashed into a truck on M-9 motorway some 6 km from Jamshoro Toll Plaza on Tuesday afternoon. According to Incharge Edhi Foundation Hyderabad, the car was on way to Hyderab
Published 09 May, 2018 12:00am
Gun attack on minister deepens political divisions

Gun attack on minister deepens political divisions

An assassination attempt on a minister has deepened divisions ahead of elections, with Tehreek-e-Labaik denying involvement and an opposition figure blaming it on fiery rhetoric by the ousted premier. A gunman shot interior minister Ahsan Iqbal, a senior
Published 09 May, 2018 12:00am
Ratifies decisions taken by ECC: federal cabinet slams attack on Ahsan

Ratifies decisions taken by ECC: federal cabinet slams attack on Ahsan

Prime Minister Shahid Khaqan Abbasi chaired a meeting of the Federal Cabinet at Prime Minister's Office on Tuesday. At the outset, the federal cabinet strongly condemned the attack on Interior Minister Ahsan Iqbal and prayed for his speedy recovery. The c
Published 09 May, 2018 12:00am
Parties urged to make Kashmir issue part of manifesto

Parties urged to make Kashmir issue part of manifesto

An All Parties Conference (APC) on Kashmir on Tuesday called upon all political parties in the country to include the liberation of Kashmir issue among their priorities in election manifesto and give a clear roadmap in this direction. The demand was made
Published 09 May, 2018 12:00am
Misbehaviour with police: US embassy security officer arrested

Misbehaviour with police: US embassy security officer arrested

The city police on Tuesday arrested Chief Security Officer of the US Embassy, Taimur Pirzada, for misbehaving with police, following a vehicle driven by a US diplomat hit and injured a motorcyclist. The police said that chief security officer of the US Em
Published 09 May, 2018 12:00am
CII condemns bid to assassinate Ahsan

CII condemns bid to assassinate Ahsan

Council of Islamic Ideology (CII) on Tuesday strongly condemned the assassination attempt on Interior Minister Ahsan Iqbal and termed it as an attempt to deprive the country from reaping the benefits of China Pakistan Economic Corridor (CPEC). In a statem
Published 09 May, 2018 12:00am
Need stressed for Pak-US cooperation

Need stressed for Pak-US cooperation

Pakistan's Ambassador to the United States Aizaz Ahmed Chaudhry has stressed the need for deeper and wider cooperation between Islamabad and Washington to achieve shared objectives. Speaking during a meeting with top officials in the US state of Texas, he
Published 09 May, 2018 12:00am
PPP leader voices concern over bail granted to five killers of BB

PPP leader voices concern over bail granted to five killers of BB

MNA and leader PPPP Dr Nafisa Shah Tuesday expressed grave concern over bail granted to five killers of Shaheed Mohtarma Benazir Bhutto. In a statement, she said that General Parvez Musharraf who was involved in the murder of Shaheed Mohtarma Benazir Bhut
Published 09 May, 2018 12:00am
Supreme Court disposes of Katas Raj suo motu case

Supreme Court disposes of Katas Raj suo motu case

The Supreme Court Tuesday disposed of Katas Raj suo motu case after cement factory owners came with a proposal that they would find a substitute water source, besides paying for the underground water they used so far. In Nov last, the apex court took noti
Published 09 May, 2018 12:00am
Shakeel Afridi case: opposition demands in-camera session on CIA 'plan'

Shakeel Afridi case: opposition demands in-camera session on CIA 'plan'

Opposition in the Senate Tuesday demanded that an in-camera session of the House be briefed on the alleged jailbreak plan made by Central Intelligence Agency (CIA) to free Dr Shakeel Afridi, who helped the US track down Osama bin Laden in 2011. The matter
Published 09 May, 2018 12:00am
Appointment of law secretary challenged in Supreme Court

Appointment of law secretary challenged in Supreme Court

A bar member challenged the appointment of provincial law secretary before the Supreme Court for being made in violation of Punjab Civil Servants Act, 1974. "Dr Hassan Najami, 75, stood retired as assembly secretary in January 2004 and was re-employed as
Published 09 May, 2018 12:00am
Pakistan slams Indian atrocities against innocent Kashmiris in IHK

Pakistan slams Indian atrocities against innocent Kashmiris in IHK

Pakistan on Tuesday strongly condemned the use of brutal force by Indian forces against innocent Kashmiri people in the occupied Jammu and Kashmir, urging the international community play its role to resolve the dispute in accordance with relevant UN Secu
Published 09 May, 2018 12:00am
NA passes transgender rights bill

NA passes transgender rights bill

The National Assembly on Tuesday passed a bill with majority vote for protection of rights and welfare of transgender persons including granting them right to inheritance to property, holding public office and employment. Pakistan Peoples Party's member S
Published 09 May, 2018 12:00am
IHC disqualifies Asif in new blow to PML-N

IHC disqualifies Asif in new blow to PML-N

There is no doubt about the fact that the Islamabad High Court verdict against foreign minister Khawaja Asif is one of several judicial setbacks for the PML-N since the Supreme Court removed party founder Nawaz Sharif as prime minister in July.
Published 09 May, 2018 12:00am
European regulators: We're not ready for new privacy law

European regulators: We're not ready for new privacy law

Europe's General Data Protection Regulation (GDPR) has been billed as the biggest shake-up of data privacy laws since the birth of the web. There's one problem: many of the regulators who will police it say they aren't ready yet.
Published 09 May, 2018 12:00am
Capitalism in dire crisis?
Currency

Capitalism in dire crisis?

After having remained in a state of denial since the 2007-08 financial crisis that world had reached almost the dead-end of capitalism, its proponents have begun debating alternatives. New literature is appearing on the subject as the debate enters into w
Published 09 May, 2018 12:00am
Taxing immovable property

Taxing immovable property

When the Prime Minister unveiled his economic reforms package on 5 April, 2018 one of the components was a major initiative to correct the valuation of real estate for the purpose of taxation. However, when the Ordinances were issued to give effect to the
Published 09 May, 2018 12:00am
A tribute to the late Asghar Khan?

A tribute to the late Asghar Khan?

The Supreme Court (SC) has resurrected the famous Asghar Khan case yet again. In its hearing on May 7, 2018, a three-member bench headed by Chief Justice of Pakistan (CJP) Saqib Nisar rejected the review petitions filed by former CoAS General Mirza Aslam
Published 09 May, 2018 12:00am
CCP proposals for sugar industry
Cotton

CCP proposals for sugar industry

The Competition Commission of Pakistan (CCP) subsequent to an open hearing attended by all stakeholders on 25 January 2018 has formulated a number of recommendations designed to make sugar industry more efficient, improve sugarcane quality, enhance and di
Published 09 May, 2018 12:00am
Trump pulls US out of Iran deal

Trump pulls US out of Iran deal

President Donald Trump on Tuesday pulled the United States out of an international nuclear deal with Iran in a step that will raise the risk of conflict in the Middle East, upset America's European allies and bring uncertainty to global oil supplies. Trum
Published 09 May, 2018 12:00am
Trump pulls US out of Iran deal

Trump pulls US out of Iran deal

President Donald Trump on Tuesday pulled the United States out of an international nuclear deal with Iran in a step that will raise the risk of conflict in the Middle East, upset America's European allies and bring uncertainty to global oil supplies. Trum
Published 09 May, 2018 12:00am
Indian tourist dies in stone-throwing protest in IHK

Indian tourist dies in stone-throwing protest in IHK

An Indian tourist was killed during a stone-throwing protest in held Kashmir, officials said Tuesday, as the region shut down for a third day over the killings of civilians and freedom fighters during weekend gunbattles and anti-India protests. Meanwhile,
Published 09 May, 2018 12:00am
Indian tourist dies in stone-throwing protest in IHK

Indian tourist dies in stone-throwing protest in IHK

An Indian tourist was killed during a stone-throwing protest in held Kashmir, officials said Tuesday, as the region shut down for a third day over the killings of civilians and freedom fighters during weekend gunbattles and anti-India protests. Meanwhile,
Published 09 May, 2018 12:00am
Alibaba buys Rocket Internet''''s Pakistan ecommerce platform Daraz

Alibaba buys Rocket Internet''''s Pakistan ecommerce platform Daraz

Alibaba Group has bought the entire share capital of Rocket Internet''''s South Asian ecommerce platform Daraz Group, Rocket Internet said on Tuesday. It did not disclose financial details. Daraz, founded in Pakistan in 2012, operates online marketplaces
Published 09 May, 2018 12:00am
Alibaba buys Rocket Internet''s Pakistan ecommerce platform Daraz

Alibaba buys Rocket Internet''s Pakistan ecommerce platform Daraz

Alibaba Group has bought the entire share capital of Rocket Internet''s South Asian ecommerce platform Daraz Group, Rocket Internet said on Tuesday. It did not disclose financial details. Daraz, founded in Pakistan in 2012, operates online marketplaces in
Published 09 May, 2018 12:00am
Alibaba buys Rocket Internet's Pakistan ecommerce platform Daraz

Alibaba buys Rocket Internet's Pakistan ecommerce platform Daraz

Alibaba Group has bought the entire share capital of Rocket Internet's South Asian ecommerce platform Daraz Group, Rocket Internet said on Tuesday. It did not disclose financial details. Daraz, founded in Pakistan in 2012, operates online marketplaces in
Published 09 May, 2018 12:00am
Alibaba buys Rocket Internet's Pakistan ecommerce platform Daraz

Alibaba buys Rocket Internet's Pakistan ecommerce platform Daraz

Alibaba Group has bought the entire share capital of Rocket Internet's South Asian ecommerce platform Daraz Group, Rocket Internet said on Tuesday. It did not disclose financial details. Daraz, founded in Pakistan in 2012, operates online marketplaces in
Published 09 May, 2018 12:00am
China, US in ''extraordinary'' WTO clash

China, US in ''extraordinary'' WTO clash

China and the United States swapped accusations in an "extraordinary" exchange at the World Trade Organization on Tuesday ahead of fresh talks between the top two economies on averting a trade war. "What I would say about this meeting today is that it was
Published 09 May, 2018 12:00am
The Weather

The Weather

The weather report on Tuesday (May 08, 2018) and the forecast for Wednesday (May 09, 2018).

Published 09 May, 2018 12:00am
China, US in 'extraordinary' WTO clash

China, US in 'extraordinary' WTO clash

China and the United States swapped accusations in an "extraordinary" exchange at the World Trade Organization on Tuesday ahead of fresh talks between the top two economies on averting a trade war. "What I would say about this meeting today is that it was
Published 09 May, 2018 12:00am
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