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Print - 2018-07-06
Southeast Asian stocks: Philippines, Thailand slump over 1.5 percent

Southeast Asian stocks: Philippines, Thailand slump over 1.5 percent

Philippine and Thai shares slumped over 1.5 percent each on Thursday, in line with broader Asia, a day before China and the United States were set to hit one another with punitive tariffs that risked triggering a full-scale trade war. Thailand's SET Index
Published 06 Jul, 2018 12:00am
Italian bonds in selloff

Italian bonds in selloff

Italy led a broad selloff in southern European government bonds on Thursday, after indifferent demand for a Spanish debt auction spooked investors already worried about defiant comments from the new Italian government on its budget plans. Spain sold 4.76
Published 06 Jul, 2018 12:00am
Italian bonds in selloff

Italian bonds in selloff

Italy led a broad selloff in southern European government bonds on Thursday, after indifferent demand for a Spanish debt auction spooked investors already worried about defiant comments from the new Italian government on its budget plans. Spain sold 4.76
Published 06 Jul, 2018 12:00am
China stocks slip, yuan struggles
Currency

China stocks slip, yuan struggles

Chinese stocks fell on Thursday and the yuan wavered against the dollar a day before China and the United States were set to hit one another with punitive tariffs that risked triggering a full-scale trade war. Markets have been on edge ahead of Friday, wh
Published 06 Jul, 2018 12:00am
European shares rise as US tariff suspension hopes boost autos

European shares rise as US tariff suspension hopes boost autos

European shares gained a boost on Thursday as hopes of a softening in US trade rhetoric lifted the car sector, though trading remained cautious ahead of a US deadline to impose tariffs on Chinese goods. The pan-European STOXX 600 index closed with a 0.4 p
Published 06 Jul, 2018 12:00am
TSX edges lower

TSX edges lower

Canada's main stock index edged lower on Thursday, led by declines in heavyweight financial stocks, while materials and energy stocks lost ground due to a drop in commodity prices. At 9:38 a.m. ET (13:38 GMT), the Toronto Stock Exchange's S&P/TSX composit
Published 06 Jul, 2018 12:00am
Australian, New Zealand shares up

Australian, New Zealand shares up

Australian shares closed half a percent higher in light trade on Thursday as investors sought bargains in the absence of guidance from financial markets in the United States, which were closed for Independence Day. The S&P/ASX 200 index recouped Wednesday
Published 06 Jul, 2018 12:00am
Optimism in trade dispute lifts FTSE

Optimism in trade dispute lifts FTSE

Signs of an easing in the trade dispute between the United States and the European Union helped push Britain's top share index up on Thursday with gains in basic materials and energy stocks, while shares in AB Foods fell after a trading update.
Published 06 Jul, 2018 12:00am
Costa Rica part company with coach Ramirez

Costa Rica part company with coach Ramirez

Costa Rica's football federation has parted ways with coach Oscar Ramirez after a disappointing World Cup showing by the Central American nation. "Oscar Ramirez will not continue as coach, his contract has expired," the federation's president Rodolfo Vill
Published 06 Jul, 2018 12:00am
Brazil and France target World Cup semi-finals

Brazil and France target World Cup semi-finals

The World Cup bursts back into life on Friday as tournament favourites Brazil take on a Belgium side brimming with talent while a young France team face battle-hardened Uruguay. Neymar's Brazil are aiming to win a record-extending sixth World Cup at Mosco
Published 06 Jul, 2018 12:00am
Nadal handed time violation - before match!

Nadal handed time violation - before match!

Rafael Nadal has become used to getting sanctioned for slow play, but on Thursday at Wimbledon he was warned for wasting time before a ball had even been hit in anger. The world number one was preparing for his Wimbledon second round match against Kazakhs
Published 06 Jul, 2018 12:00am
Halep into Wimbledon third round

Halep into Wimbledon third round

Top seed and French Open champion Simona Halep reached the Wimbledon third round on Thursday with a 7-5, 6-0 win over China's Zheng Saisai.
Published 06 Jul, 2018 12:00am
Nadal, Djokovic through as Cilic crashes at Wimbledon

Nadal, Djokovic through as Cilic crashes at Wimbledon

Former champions Rafael Nadal and Novak Djokovic battled into the Wimbledon third round on Thursday but third seed and 2017 runner-up Marin Cilic crashed out. World number one Nadal defeated Mikhail Kukushkin of Kazakhstan 6-4, 6-3, 6-4 and will next face
Published 06 Jul, 2018 12:00am
Former West Ham official banned for a year by FA

Former West Ham official banned for a year by FA

West Ham's former head of player recruitment Tony Henry will serve a one year ban from all football activity for remarks he made about African players, the Football Association announced Thursday. The 60-year-old was sacked by the Premier League side in F
Published 06 Jul, 2018 12:00am
Brathwaite century helps West Indies turn the screw

Brathwaite century helps West Indies turn the screw

Kraigg Brathwaite completed a seventh Test century as the West Indies turned the screws on Bangladesh on the second day of the first Test in Antigua on Thursday. The Windies reached 271 for three in reply to the tourists' first innings total of 43 at lunc
Published 06 Jul, 2018 12:00am
Maradona apologises over Colombia-England referee slur

Maradona apologises over Colombia-England referee slur

Diego Maradona has apologised for questioning the impartiality of the referee in charge of England's last-16 penalty shootout win over Colombia. The Argentina legend had landed himself in hot water with FIFA over his outburst at US official Mark Geiger wh
Published 06 Jul, 2018 12:00am
Olympic champion Yoka banned for doping violations

Olympic champion Yoka banned for doping violations

French heavyweight contender Tony Yoka has been banned for a year for breaking anti-doping rules, his lawyer told AFP on Thursday, adding that the Olympic champion plans to appeal. The French anti-doping agency (AFLD) "has heavily punished something they
Published 06 Jul, 2018 12:00am
Japan boss blasts World Cup haters, eyes new coach

Japan boss blasts World Cup haters, eyes new coach

Japan's football chief took aim at critics of the Blue Samurai on Thursday after the team's World Cup return and confirmed he was on the lookout for a new coach. JFA president Kozo Tashima told a news conference that caretaker boss Akira Nishino would not
Published 06 Jul, 2018 12:00am
Zaman's career-best 73 sparks Pakistan to victory over Australia

Zaman's career-best 73 sparks Pakistan to victory over Australia

Pakistan's opener Fakhar Zaman blazed his way to a career-best 73 as his side completed a clinical 45-run victory over Australia on Thursday in the Twenty20 tri-series in Zimbabwe. Zaman's knock helped his side race to 194 for 7 before left-arm seamer Sha
Published 06 Jul, 2018 12:00am
French policeman held over killing that sparked riots

French policeman held over killing that sparked riots

A French policeman was detained for questioning Thursday over the fatal shooting of a young man that has sparked two nights of rioting in the western city of Nantes. Burned out cars and broken glass littered the streets after angry youths clashed with pol
Published 06 Jul, 2018 12:00am
May backs close EU trade ties ahead of crucial Brexit meeting

May backs close EU trade ties ahead of crucial Brexit meeting

Prime Minister Theresa May wants to align Britain with EU rules for trade in goods after Brexit, reports said Thursday, setting up a showdown with eurosceptics on the eve of a crucial cabinet meeting intended to finally settle the issue.
Published 06 Jul, 2018 12:00am
Merkel, Orban clash over EU values with anti-migrant wind blowing

Merkel, Orban clash over EU values with anti-migrant wind blowing

German Chancellor Angela Merkel on Thursday accused Hungary's right-wing Prime Minister Viktor Orban of failing to respect "humanity" with his immigration policy, days after she made key border protection concessions to hardliners who have embraced Budape
Published 06 Jul, 2018 12:00am
Death toll from Canada heat wave rises to 33

Death toll from Canada heat wave rises to 33

A heat wave in Quebec has killed 33 people in the past week as high summer temperatures scorched eastern Canada, officials said Thursday. Eighteen of the dead were reported in the provincial capital Montreal, according to regional public health director M
Published 06 Jul, 2018 12:00am
Fireworks explosions kill 19 in central Mexico

Fireworks explosions kill 19 in central Mexico

At least 19 people were killed in a series of explosions Thursday at fireworks warehouses in the town of Tultepec in central Mexico, including rescue workers who died saving others' lives, officials said. The initial explosion occurred around 9:30 am (143
Published 06 Jul, 2018 12:00am
Impeachment decision looms for Romanian president

Impeachment decision looms for Romanian president

The leader of Romania's ruling Social Democrats said Thursday the party will decide next week whether to impeach President Klaus Iohannis for violating the constitution. The governing leftwing coalition accuses Iohannis of the centre-right opposition of d
Published 06 Jul, 2018 12:00am
Britain, Russia tensions spike over new nerve agent case

Britain, Russia tensions spike over new nerve agent case

Britain demanded answers from Russia Thursday after a couple was exposed to the same nerve agent used on a former Russian spy and his daughter in an attempted murder blamed on Moscow. But Russia quickly hit back, denouncing Britain for playing "dirty poli
Published 06 Jul, 2018 12:00am
Base metals sink in Shanghai

Base metals sink in Shanghai

Base metals lost more ground on Thursday, with Shanghai zinc and copper slumping to near one-year lows, as the market braced for further US tariffs on Chinese goods from Friday and a tit-for-tat response from Beijing. The most traded August copper contrac
Published 06 Jul, 2018 12:00am
Zinc hits one-year low on higher supply expectations

Zinc hits one-year low on higher supply expectations

Zinc prices hit their lowest point in more than a year on Thursday as the market looked ahead to rising supplies, a narrowing deficit and global trade tensions that are expected to weigh on industrial metals overall.
Published 06 Jul, 2018 12:00am
Saudi Arabia raised oil output by around 500,000 bpd in June

Saudi Arabia raised oil output by around 500,000 bpd in June

Saudi Arabia has told OPEC it pumped 10.488 million barrels per day (bpd) of crude oil last month, an increase of 458,000 bpd from the level it said it produced in May, OPEC sources told Reuters on Thursday. Saudi Arabia's total supplies to the market in
Published 06 Jul, 2018 12:00am
Oil slips as US crude stockpiles show surprise build

Oil slips as US crude stockpiles show surprise build

Oil fell on Thursday after US government data showed an unexpected build in crude oil stockpiles. US crude futures fell $1.20 to settle at $72.94 a barrel, retreating from Tuesday's 3-1/2-year high of over $75. Brent crude futures lost 85 cents to settle
Published 06 Jul, 2018 12:00am
Tokyo rubber hits 21-month low

Tokyo rubber hits 21-month low

Benchmark Tokyo rubber futures fell for a fourth straight session on Thursday and hit a 21-month low, with financial markets jittery a day before China and the United States were set to hit one another with punitive tariffs that risked triggering a full-s
Published 06 Jul, 2018 12:00am
Malaysian palm oil extends losses
Vegetable Oil

Malaysian palm oil extends losses

Malaysian palm oil futures fell for a third straight session on Thursday, hitting their lowest in a week as traders took a cautious stance over mounting China-US trade war friction and on a lack of bullish news. The benchmark palm oil contract for Septemb
Published 06 Jul, 2018 12:00am
New York cocoa up, arabica coffee at 4-1/2-year low

New York cocoa up, arabica coffee at 4-1/2-year low

New York cocoa futures rose on Thursday, boosted by a weaker US dollar and options-related buying, while persistent fund selling drove arabica coffee to technically oversold levels at the lowest price in more than 4-1/2 years. September New York cocoa set
Published 06 Jul, 2018 12:00am
Gold holds steady in Asia

Gold holds steady in Asia

Gold prices traded in a narrow range on Thursday, after hitting a one-week high in the previous session, amid an easing dollar and as markets awaited the US Federal Reserve's June policy meeting minutes for outlook on monetary policy. Spot gold held stead
Published 06 Jul, 2018 12:00am
Gold slips in Europe

Gold slips in Europe

Gold drifted lower on Thursday despite a weaker dollar as investors worried that US Federal Reserve minutes would highlight the prospect of further rate hikes. Spot gold was down 0.2 percent at $1,254.31 an ounce by 1345 GMT. The metal touched a one-week
Published 06 Jul, 2018 12:00am
US MIDDAY: wheat up, soya down

US MIDDAY: wheat up, soya down

US wheat futures rose sharply for a second consecutive session on Thursday on tightening global supplies as adverse weather slashed production in key exporting countries, including France and Germany. Prices were further supported by a weaker dollar, whic
Published 06 Jul, 2018 12:00am
US MIDDAY: gold little changed

US MIDDAY: gold little changed

Gold was little changed on Thursday, as the US dollar stayed weak for the day and minutes of the Federal Reserve's June policy meeting were within market expectations for the pace of further interest rate hikes this year. US central bankers discussed whet
Published 06 Jul, 2018 12:00am
Ministry told to auction commercial units through open bidding

Ministry told to auction commercial units through open bidding

The Senate Standing Committee on Housing and Works Thursday expressed serious concern over leasing of all commercial units including shops and petrol pumps at nominal rent in big cities including Karachi, Lahore and Peshawar. It directed the Ministry of H
Published 06 Jul, 2018 12:00am
Kenyan HC invites rice exporters to single country exhibition

Kenyan HC invites rice exporters to single country exhibition

Pakistan's single country exhibition will be held in September 2018 in Nairobi for promotion of Pakistani products. Kenyan High Commissioner (HC) Professor Julius Kibet Bitok has invited Pakistani rice exporters to actively participate in the single count
Published 06 Jul, 2018 12:00am
Senate body threatens to attach KE's accounts

Senate body threatens to attach KE's accounts

Senate Standing Committee on Power on Thursday threatened to attach K-Electric's accounts through the Federal Board of Revenue (FBR) if its Chief Executive Officer Monis Alvi fails to attend the next meeting of the committee. The committee was seen all ou
Published 06 Jul, 2018 12:00am
Advisory for cotton growers
Cotton

Advisory for cotton growers

The Punjab Agriculture Department has urged the cotton growers to pay special heed towards removal of weeds in cotton crop as these serve as debris for whitefly, which may cause Cotton Leaf Curl Virus (CLCV) and Mealy bug attack.
Published 06 Jul, 2018 12:00am
Global Disability Summit planned for July 24

Global Disability Summit planned for July 24

A commitment on the rights, freedom, dignity and inclusion of people with disabilities was endorsed today in a summit hosted by the UK's Department for International Development (DFID). This summit was organised as a satellite event in connection with the
Published 06 Jul, 2018 12:00am
Report on 'sinkhole at GPO Chowk' submitted

Report on 'sinkhole at GPO Chowk' submitted

The committee set up on the direction of Caretaker Chief Minister Punjab to ascertain reasons for the sinkhole developed near GPO Chowk at The Mall presented its fact-finding report.
Published 06 Jul, 2018 12:00am
Abbasi, Fawad allowed to contest upcoming polls

Abbasi, Fawad allowed to contest upcoming polls

A division bench of the Lahore High Court on Thursday set aside the decision of an appellate tribunal disqualifying former prime minister Shahid Khakan Abbasi for life and restraining him from contesting elections.
Published 06 Jul, 2018 12:00am
Unspecified banners, posters removed

Unspecified banners, posters removed

Deputy Commissioner Lahore Captain Anwar-ul-Haq paid a visit to Ferozpur road and its adjacent roads to check the removal of unspecified and unapproved size of banners, steamers, posters, portraits and handbills installed by different political parties an
Published 06 Jul, 2018 12:00am
Data of 8.7 million cattle farmers computerized in Punjab

Data of 8.7 million cattle farmers computerized in Punjab

Punjab Livestock and Dairy Development Department has computerized the necessary data of 8.7 million cattle farmers in the province through latest software which has stored the real time data of cattle formers. Technical collaboration has also been extend
Published 06 Jul, 2018 12:00am
Hajj arrangements reviewed at AIIA meeting

Hajj arrangements reviewed at AIIA meeting

Prior to formal inauguration of Hajj flight operation on July 16, a meeting was convened at Allama Iqbal International Airport on Thursday under the chairmanship of Airport Manager Tahir Sikandar to discuss the arrangements and facilities to be provided a
Published 06 Jul, 2018 12:00am
Six killed in bus-truck collision near RYK

Six killed in bus-truck collision near RYK

At least six people killed and fifteen others including women and children were injured in collision between a bus and a truck here on Thursday.
Published 06 Jul, 2018 12:00am
Experts demand stern action against water polluters

Experts demand stern action against water polluters

Water experts have demanded imposition of heavy fines and long term imprisonments against those involved in water contamination through industrial emissions. In Lahore city, they said, a total of 1,617 cusecs contaminated water is emitted every day, out o
Published 06 Jul, 2018 12:00am
LHC dismisses petition

LHC dismisses petition

The Lahore High Court dismissed as withdrawn a petition challenging removal of Noorul Ameen Mengal as director general of Punjab Food Authority (PFA).
Published 06 Jul, 2018 12:00am
Punjab CS visits hospital, medical college

Punjab CS visits hospital, medical college

Chief Secretary Punjab Akbar Durrani Thursday visited Jinnah Hospital and Allama Iqbal Medical College. He visited different wards of the hospital, inquired the patients about provision of health facilities and issued necessary orders for resolving their
Published 06 Jul, 2018 12:00am
Afghani fraudster arrested from Mansehra

Afghani fraudster arrested from Mansehra

The National Accountability Bureau (NAB) Khyber Pakhtunkhwa has arrested an Afghan National for deceiving and luring public at large to invest in his fake business of property.
Published 06 Jul, 2018 12:00am
773 new companies registered in June

773 new companies registered in June

In June, the Securities and Exchange Commission of Pakistan (SECP) registered 773 new companies. As compared to the corresponding month of last financial year, it represents a growth of 28 percent, raising the number of registered companies to 87,622. The
Published 06 Jul, 2018 12:00am
Senate body directs to notify rules for implementation of PECA, 2016

Senate body directs to notify rules for implementation of PECA, 2016

The Law Ministry has vetted the draft rules for implementation of Prevention of Electronic Crimes Act, (PECA) 2016 and sent them to the Ministry Information Technology and Telecommunications for notification. This was revealed to the Senate Standing Commi
Published 06 Jul, 2018 12:00am
Show-cause notice demanded against PML-N candidate of NA-49

Show-cause notice demanded against PML-N candidate of NA-49

Office bearers of Pakistan Muslim League-N South Waziristan district have demanded of the central and provincial leadership to issue show-cause notice to the party nominated candidate on NA-49, Dilawar Khan Mehsud against his withdrawal in favour of PTI c
Published 06 Jul, 2018 12:00am
Minimum pension raised to Rs 10,000: notification issued

Minimum pension raised to Rs 10,000: notification issued

Finance Division has issued notification of increase in minimum pension from Rs 6,000 per month to Rs 10,000 per month as announced in the budget. The previous government announced in the budget that minimum pension has been increased to Rs 10, 000 from t
Published 06 Jul, 2018 12:00am
Schafer named as World Bank's VP for South Asia region

Schafer named as World Bank's VP for South Asia region

The World Bank has appointed Hartwig Schafer as its new Vice President for the South Asia Region, putting him in-charge of relations with Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan, and Sri Lanka.
Published 06 Jul, 2018 12:00am
FBR issues new form of appeal to Customs Collector

FBR issues new form of appeal to Customs Collector

The Federal Board of Revenue (FBR) has issued revised procedure for taxpayers for filing of appeal to the Collector of Customs (Appeals) including documentation requirements for filing of appeals. According to an SRO issued here on Thursday by the FBR, th
Published 06 Jul, 2018 12:00am
Traders observe strike in Lower Dir

Traders observe strike in Lower Dir

The public and trader's community in Lower Dir district on Thursday observed complete shutter down strike against elimination of special status of Malakand division. All markets in all the seven tehsils of the district remained closed and business activit
Published 06 Jul, 2018 12:00am
Partly Facetious: Nawaz's ordeal

Partly Facetious: Nawaz's ordeal

"Nawaz Sharif wants to talk to Kulsoom Nawaz before he hears the verdict in the Avenfield flats (plural - as in four) case and this emotional plea to the court, the first of its kind in legal history of the world leave alone this country..."
Published 06 Jul, 2018 12:00am
KP police to use geo-tagging technology in polls

KP police to use geo-tagging technology in polls

The Inspector General of Police Khyber Pakhtunkhwa Muhammad Tahir attended a briefing on the utilization of geo-tagging technology by police in general elections 2018 at CPO Peshawar on Thursday. Additional IGP operations Muhammad Ali Baba Khel briefed th
Published 06 Jul, 2018 12:00am
US begins construction of New Sindh Prisons Staff Training Academy

US begins construction of New Sindh Prisons Staff Training Academy

During a groundbreaking ceremony in Hyderabad, United States Consul General JoAnne Wagner and Inspector General of Prisons, Sindh Province Nusrat Hussain Mangan highlighted the important role Sindh Prisons Department plays in the justice system.
Published 06 Jul, 2018 12:00am
Minister warns of action against water theft

Minister warns of action against water theft

Sindh Caretaker Minister for Irrigation, Inter-Provincial Coordination, Public Health Engineering, Rural Development, Excise & Taxation, Mushtaq Ahmed Shah has said that several FIRs have been lodged against those who are found involved in water theft and
Published 06 Jul, 2018 12:00am
MCC (Preventive) Karachi surpasses target

MCC (Preventive) Karachi surpasses target

Model Customs Collectorate (Preventive), Karachi has surpassed the target of Rs 158,868.59 million by Rs 1181.11 million, depicting 16.65% growth in FY 2017-18. According to details, the collection under the head of Customs duty stood at Rs 51,060.65 mill
Published 06 Jul, 2018 12:00am
Industrial sector: minister for releasing pending NOCs after scrutiny

Industrial sector: minister for releasing pending NOCs after scrutiny

Sindh's caretaker Minister for Environment, Coastal Development and Climate Change, Jameel Yusuf, has directed that all the pending NOCs relating to industrial sector should be released after scrutiny as soon as possible, so that industrial sector can inc
Published 06 Jul, 2018 12:00am
1,235 awarded degrees at GCU convocation

1,235 awarded degrees at GCU convocation

Girls have secured 26 of 40 academic medals for first positions in different disciplines of BA/BSc (Hons) programme of GC University Lahore. However, boys secured 21 of 24 rolls of honour for excellent performance in co-curricular activities and sports.
Published 06 Jul, 2018 12:00am
CADS launched to help researchers at ITU
Cotton

CADS launched to help researchers at ITU

Launch of Consortium for Applied Data Science (CADS) will help the researchers at Information Technology University (ITU) Punjab to analyse the Data of various sectors gathered by the Punjab Information Technology Board (PITB) to find solutions through on
Published 06 Jul, 2018 12:00am
Mainstreaming of Fata: centre, KP discuss legal, security package

Mainstreaming of Fata: centre, KP discuss legal, security package

Caretaker Chief Minister of Khyber Pakhtunkhwa former Justice Dost Muhammad Khan and the Federal Minister for Law Reforms discussed legal, administrative, the law and order situation, the security and developmental package for mainstreaming the tribal.
Published 06 Jul, 2018 12:00am
Investigation agencies' action won't affect elections: minister

Investigation agencies' action won't affect elections: minister

Minister for Information, Broadcasting, National History and Literary Heritage Barrister Syed Ali Zafar Thursday said it was right of the investigation agencies to act according to law and their actions would not have any effect on the elections.
Published 06 Jul, 2018 12:00am
CNICs for trans: SC directs Nadra to resolve matter within 15 days

CNICs for trans: SC directs Nadra to resolve matter within 15 days

Supreme Court on Thursday directed National Database & Registration Authority (NADRA) to resolve the matter regarding issuance of Computerised National Identity Cards (CNICs) to transgender within 15 days. A three-member bench headed by Chief Justice Mian
Published 06 Jul, 2018 12:00am
Penalty on TREC holder: SECP bench maintains order of SMD

Penalty on TREC holder: SECP bench maintains order of SMD

An Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) has maintained the order of the Securities Market Division (SMD) SECP for imposition of penalty of Rs 200,000 imposed on a Trading Right Entitlement Certificate (TREC) holder
Published 06 Jul, 2018 12:00am
Air chief meets foreign minister

Air chief meets foreign minister

The Chief of Air Staff, Air Chief Marshal Mujahid Anwar Khan called on the foreign minister at the Ministry of Foreign Affairs on Thursday. During the meeting, matters related to importance of Pakistan's security and foreign policy were discussed.
Published 06 Jul, 2018 12:00am
'Government fully aware of challenges facing external account'

'Government fully aware of challenges facing external account'

Fitch Ratings, on July 3rd 2018, in a brief analysis report, has highlighted issues pertaining to foreign exchange and current account deficit as factors likely to adversely impact the external account. Elaborating further, the agency appreciated the step
Published 06 Jul, 2018 12:00am
'Government fully aware of challenges facing external account'

'Government fully aware of challenges facing external account'

Fitch Ratings, on July 3rd 2018, in a brief analysis report, has highlighted issues pertaining to foreign exchange and current account deficit as factors likely to adversely impact the external account. Elaborating further, the agency appreciated the step
Published 06 Jul, 2018 12:00am
FIA seeks banks' help for resolving 'fake army calls scam'

FIA seeks banks' help for resolving 'fake army calls scam'

The Federal Investigation Agency (FIA) Thursday devised a working strategy with the cooperation of banks representatives to resolve the 'fake army calls scam'. Director FIA chaired a meeting attended by various bank representatives including Regional Oper
Published 06 Jul, 2018 12:00am
Dangerous GLOF; $37 million UNDP-aided project launched

Dangerous GLOF; $37 million UNDP-aided project launched

The Government of Pakistan and United Nations Development Programme (UNDP) launched a new US$37 million project on Thursday that will benefit more than 30 million people with scaled-up early warning systems, training on glacial lake outburst flood (GLOF)
Published 06 Jul, 2018 12:00am
Pakistan Mango festival held in Rungis market

Pakistan Mango festival held in Rungis market

Pakistan Mango Festival was held on Thursday at the Rungis international market in the outskirts of Paris which was attended by a large number of major wholesale fruit sellers and buyers, who not only supply fruit to the local French market but also cater
Published 06 Jul, 2018 12:00am
NA-206 and PB-17: rind allowed to contest elections

NA-206 and PB-17: rind allowed to contest elections

President Pakistan Tehreek-e-Insaf (PTI) Balochistan, Sardar Yar Mohammad Rind is now free to contest general elections from NA-206 and PB-17. The Supreme Court on Thursday suspended the Balochistan High Court's (BHC) order that barred him from contesting
Published 06 Jul, 2018 12:00am
Axact fake degree case: accused awarded seven-year imprisonment

Axact fake degree case: accused awarded seven-year imprisonment

A lower court of Islamabad Thursday awarded seven year imprisonment to an accused in the Axact fake degree scandal, including the company's CEO Shoaib Sheikh. District and Sessions Judge Chaudhry Mumtaz Hussain announced the judgment on the conclusion of
Published 06 Jul, 2018 12:00am
ISO-9001:2015 certificate awarded to University of Wah

ISO-9001:2015 certificate awarded to University of Wah

Ceremony for the "Award of ISO-9001:2015 Certificate to University of Wah" (UW) was held at UW on 04 July 2018. Professor Khaliq Ur Rehman Shad, SI(M), Vice Chancellor, University of Wah was the Chief Guest of the Ceremony. Principle Officers, Deans, Dire
Published 06 Jul, 2018 12:00am
DRI, UNDP launch election guide

DRI, UNDP launch election guide

Elections have already been almost rigged and manipulated and only the formality of going through motions of polling on July 25 remains. This has been stated by former Senator Farhatullah Babar while speaking here at the launch of election guide by DRI an
Published 06 Jul, 2018 12:00am
Up to 75 percent humidity to make Karachi weather bad today

Up to 75 percent humidity to make Karachi weather bad today

As the rain-thundershower inundates the upcountry, humid weather continues to soak Karachi with expected temperature up to 36 degrees Celsius in the next 48 hours, the Met Office said on Thursday. Mainly hot and humid weather is expected in the most parts
Published 06 Jul, 2018 12:00am
Kulsoom's ailment shouldn't be used to blackmail people: Imran

Kulsoom's ailment shouldn't be used to blackmail people: Imran

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan Thursday blamed former Prime Minister Nawaz Sharif for projecting his wife's ailment as a tool to emotionally blackmail the people ahead of general election to be held on July 25.
Published 06 Jul, 2018 12:00am
MQM-P will bag all seats of Hyderabad: claims Kanwar

MQM-P will bag all seats of Hyderabad: claims Kanwar

Deputy Convenor Muttahida Quami Movement (Pakistan) Rabitta Committee Kanwar Naveed Jameel has said that the party would retain its status from Hyderabad and will win all national and provincial assemblies' seats of the city as it enjoys full support of t
Published 06 Jul, 2018 12:00am
Petition seeking Sindh's division into seven states dismissed

Petition seeking Sindh's division into seven states dismissed

A division bench of Sindh High Court (SHC) Thursday dismissed a petition seeking division of Sindh into seven states or administrative units besides Karachi as an autonomous state by declaring it as non-maintainable.
Published 06 Jul, 2018 12:00am
NH&MP recovers Rs 250,000 lost cash

NH&MP recovers Rs 250,000 lost cash

Living up to its reputation of quality service, the National Highways & Motorway Police recovered lost cash of Rs 250,000. Upon receipt of call from a citizen, Rana Bilal, at 130 helpline, claiming to have lost the stated amount at Service Area Chakri, th
Published 06 Jul, 2018 12:00am
Kaimkhani kicks off PSP campaign in Hyderabad

Kaimkhani kicks off PSP campaign in Hyderabad

President of Pak Sarzameen Party Anees Kaimkhani kicked off the election campaign for the party candidates, here on Thursday. Kaimkhani first visited the residence of Anwar Zaib and offered Fateha on the sad demise of his father Lal Auranzeb, who was the
Published 06 Jul, 2018 12:00am