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Print - 2018-07-22
Closed accounts: FIs not required performing review procedures

Closed accounts: FIs not required performing review procedures

The financial institutions such as investment entities are not required to perform review procedures of financial accounts including depository/custodial accounts that were closed before June 30, 2017 under Organization for Economic Cooperation and Develo
Published 22 Jul, 2018 12:00am
Closed accounts: FIs not required performing review procedures

Closed accounts: FIs not required performing review procedures

The financial institutions such as investment entities are not required to perform review procedures of financial accounts including depository/custodial accounts that were closed before June 30, 2017 under Organization for Economic Cooperation and Develo
Published 22 Jul, 2018 12:00am
Closed accounts: FIs not required performing review procedures

Closed accounts: FIs not required performing review procedures

The financial institutions such as investment entities are not required to perform review procedures of financial accounts including depository/custodial accounts that were closed before June 30, 2017 under Organization for Economic Cooperation and Develo
Published 22 Jul, 2018 12:00am
Closed accounts: FIs not required performing review procedures

Closed accounts: FIs not required performing review procedures

The financial institutions such as investment entities are not required to perform review procedures of financial accounts including depository/custodial accounts that were closed before June 30, 2017 under Organization for Economic Cooperation and Develo
Published 22 Jul, 2018 12:00am
PML-N's Hanif Abbasi sentenced to life

PML-N's Hanif Abbasi sentenced to life

The Court of Control of Narcotics Substances (CNS) Saturday awarded life imprisonment to Pakistan Muslim League-Nawaz (PML-N) leader Hanif Abbasi in the ephedrine quota case while freed the co-accused giving them the benefit of doubt. Abbasi is convicted
Published 22 Jul, 2018 12:00am
PML-N's Hanif Abbasi sentenced to life

PML-N's Hanif Abbasi sentenced to life

The Court of Control of Narcotics Substances (CNS) Saturday awarded life imprisonment to Pakistan Muslim League-Nawaz (PML-N) leader Hanif Abbasi in the ephedrine quota case while freed the co-accused giving them the benefit of doubt. Abbasi is convicted
Published 22 Jul, 2018 12:00am
All institutions cooperating with ECP: Yaqoob

All institutions cooperating with ECP: Yaqoob

The Election Commission of Pakistan (ECP) has complete powers to conduct general elections in a fair and free style while all the institutions, including military, judiciary and provincial governments are fully cooperating with it. Talking to mediapersons
Published 22 Jul, 2018 12:00am
All institutions cooperating with ECP: Yaqoob

All institutions cooperating with ECP: Yaqoob

The Election Commission of Pakistan (ECP) has complete powers to conduct general elections in a fair and free style while all the institutions, including military, judiciary and provincial governments are fully cooperating with it. Talking to mediapersons
Published 22 Jul, 2018 12:00am
Deployment of army: PPP comes down hard on ECP

Deployment of army: PPP comes down hard on ECP

Declaring the 'inaction' of the Election Commission of Pakistan as criminal negligence, Senator Raza Rabbani of Pakistan Peoples Party (PPP) Saturday warned of dire consequences if July 25 general elections are engineered. Speaking on a motion on prevaili
Published 22 Jul, 2018 12:00am
Deployment of army: PPP comes down hard on ECP

Deployment of army: PPP comes down hard on ECP

Declaring the 'inaction' of the Election Commission of Pakistan as criminal negligence, Senator Raza Rabbani of Pakistan Peoples Party (PPP) Saturday warned of dire consequences if July 25 general elections are engineered. Speaking on a motion on prevaili
Published 22 Jul, 2018 12:00am
ECP requisitions forces under constitution: ISPR

ECP requisitions forces under constitution: ISPR

The Election Commission of Pakistan has requisitioned Armed Forces under the Articles 220 and 245 of Constitution to assist the ECP in free, fair and transparent conduct of Elections 2018. The Armed Forces shall undertake this mandated duty enabling the p
Published 22 Jul, 2018 12:00am
ECP requisitions forces under constitution: ISPR

ECP requisitions forces under constitution: ISPR

The Election Commission of Pakistan has requisitioned Armed Forces under the Articles 220 and 245 of Constitution to assist the ECP in free, fair and transparent conduct of Elections 2018. The Armed Forces shall undertake this mandated duty enabling the p
Published 22 Jul, 2018 12:00am
IMF warns G20 that tariffs hurting economy

IMF warns G20 that tariffs hurting economy

The International Monetary Fund (IMF) warned world economic leaders on Saturday that a recent wave of trade tariffs would significantly harm global growth, a day after US President Donald Trump threatened a major escalation in a dispute with China.
Published 22 Jul, 2018 12:00am
IMF warns G20 that tariffs hurting economy

IMF warns G20 that tariffs hurting economy

The International Monetary Fund (IMF) warned world economic leaders on Saturday that a recent wave of trade tariffs would significantly harm global growth, a day after US President Donald Trump threatened a major escalation in a dispute with China.
Published 22 Jul, 2018 12:00am
IMF warns G20 that tariffs hurting economy

IMF warns G20 that tariffs hurting economy

The International Monetary Fund (IMF) warned world economic leaders on Saturday that a recent wave of trade tariffs would significantly harm global growth, a day after US President Donald Trump threatened a major escalation in a dispute with China.
Published 22 Jul, 2018 12:00am
US calls on China, EU to make tariff concessions

US calls on China, EU to make tariff concessions

US Treasury Secretary Steven Mnuchin said on Saturday he will be pushing China and the EU to agree to a more "balanced" relationship on trade when he meets with finance ministers at the Group of 20 convention in Buenos Aires. Mnuchin arrived in the Argent
Published 22 Jul, 2018 12:00am
US calls on China, EU to make tariff concessions

US calls on China, EU to make tariff concessions

US Treasury Secretary Steven Mnuchin said on Saturday he will be pushing China and the EU to agree to a more "balanced" relationship on trade when he meets with finance ministers at the Group of 20 convention in Buenos Aires. Mnuchin arrived in the Argent
Published 22 Jul, 2018 12:00am
US calls on China, EU to make tariff concessions

US calls on China, EU to make tariff concessions

US Treasury Secretary Steven Mnuchin said on Saturday he will be pushing China and the EU to agree to a more "balanced" relationship on trade when he meets with finance ministers at the Group of 20 convention in Buenos Aires. Mnuchin arrived in the Argent
Published 22 Jul, 2018 12:00am
US calls on China, EU to make tariff concessions

US calls on China, EU to make tariff concessions

US Treasury Secretary Steven Mnuchin said on Saturday he will be pushing China and the EU to agree to a more "balanced" relationship on trade when he meets with finance ministers at the Group of 20 convention in Buenos Aires. Mnuchin arrived in the Argent
Published 22 Jul, 2018 12:00am
'Undue' financial benefits: NAB initiates probe against IPPs

'Undue' financial benefits: NAB initiates probe against IPPs

National Accountability Bureau ( NAB) has started an investigation against Independent Power Producers (IPPs) for allegedly getting undue financial benefits, well informed sources told Business Recorder. Binish Nauman, Deputy Director (Coordination) Compl
Published 22 Jul, 2018 12:00am
'Undue' financial benefits: NAB initiates probe against IPPs

'Undue' financial benefits: NAB initiates probe against IPPs

National Accountability Bureau ( NAB) has started an investigation against Independent Power Producers (IPPs) for allegedly getting undue financial benefits, well informed sources told Business Recorder. Binish Nauman, Deputy Director (Coordination) Compl
Published 22 Jul, 2018 12:00am
''Undue'' financial benefits: NAB initiates probe against IPPs

''Undue'' financial benefits: NAB initiates probe against IPPs

National Accountability Bureau ( NAB) has started an investigation against Independent Power Producers (IPPs) for allegedly getting undue financial benefits, well informed sources told Business Recorder. Binish Nauman, Deputy Director (Coordination) Compl
Published 22 Jul, 2018 12:00am
India cuts sales tax across sectors

India cuts sales tax across sectors

India slashed the sales tax rate on over 50 products on Saturday in a move aimed at appealing to traders and the middle classes as Prime Minister Narendra Modi's government eyes next year's elections. Modi is seeking a second term in 2019 amid voter frust
Published 22 Jul, 2018 12:00am
India cuts sales tax across sectors

India cuts sales tax across sectors

India slashed the sales tax rate on over 50 products on Saturday in a move aimed at appealing to traders and the middle classes as Prime Minister Narendra Modi's government eyes next year's elections. Modi is seeking a second term in 2019 amid voter frust
Published 22 Jul, 2018 12:00am
India cuts sales tax across sectors

India cuts sales tax across sectors

India slashed the sales tax rate on over 50 products on Saturday in a move aimed at appealing to traders and the middle classes as Prime Minister Narendra Modi''s government eyes next year''s elections. Modi is seeking a second term in 2019 amid voter fru
Published 22 Jul, 2018 12:00am
India cuts sales tax across sectors

India cuts sales tax across sectors

India slashed the sales tax rate on over 50 products on Saturday in a move aimed at appealing to traders and the middle classes as Prime Minister Narendra Modi''''s government eyes next year''''s elections. Modi is seeking a second term in 2019 amid voter
Published 22 Jul, 2018 12:00am
Counsel meet Nawaz, Maryam in Adiala Jail

Counsel meet Nawaz, Maryam in Adiala Jail

Former Prime Minister Nawaz Sharif and his daughter Maryam Nawaz on Saturday met their counsel at Adiala jail. The legal team comprising Nawaz's counsel, Khawaja Haris and Maryam's lawyer Amjad Pervaiz met Nawaz and Maryam's husband Captain Safdar (retd)
Published 22 Jul, 2018 12:00am
Counsel meet Nawaz, Maryam in Adiala Jail

Counsel meet Nawaz, Maryam in Adiala Jail

Former Prime Minister Nawaz Sharif and his daughter Maryam Nawaz on Saturday met their counsel at Adiala jail. The legal team comprising Nawaz's counsel, Khawaja Haris and Maryam's lawyer Amjad Pervaiz met Nawaz and Maryam's husband Captain Safdar (retd)
Published 22 Jul, 2018 12:00am
Maryam surprises all and sundry after tweet from jail

Maryam surprises all and sundry after tweet from jail

Maryam Nawaz surprised all and sundry on Saturday after she shot a tweet right from the jail where she along with her father and husband is languishing in wake of verdict in graft cases against the trio. In the tweet after a hiatus of seven days, she shot
Published 22 Jul, 2018 12:00am
Maryam surprises all and sundry after tweet from jail

Maryam surprises all and sundry after tweet from jail

Maryam Nawaz surprised all and sundry on Saturday after she shot a tweet right from the jail where she along with her father and husband is languishing in wake of verdict in graft cases against the trio. In the tweet after a hiatus of seven days, she shot
Published 22 Jul, 2018 12:00am
Red Warrant against Dar issued by FIA

Red Warrant against Dar issued by FIA

Following the request of National Accountability Bureau (NAB), the Federal Investigation Agency (FIA) after approval of Ministry of Interior issued Red Warrant against former Finance Minister Ishaq Dar to bring him back to Pakistan. Official sources said
Published 22 Jul, 2018 12:00am
Red Warrant against Dar issued by FIA

Red Warrant against Dar issued by FIA

Following the request of National Accountability Bureau (NAB), the Federal Investigation Agency (FIA) after approval of Ministry of Interior issued Red Warrant against former Finance Minister Ishaq Dar to bring him back to Pakistan. Official sources said
Published 22 Jul, 2018 12:00am
Money laundering case: FIA declares Zardari, Faryal absconders

Money laundering case: FIA declares Zardari, Faryal absconders

The Federal Investigation Agency on Saturday declared former president Asif Ali Zardari and his sister Faryal Talpur absconders in a money laundering case. A two-member bench headed by Chief Justice of Pakistan Mian Saqib Nisar had taken a suo motu notice
Published 22 Jul, 2018 12:00am
Money laundering case: FIA declares Zardari, Faryal absconders

Money laundering case: FIA declares Zardari, Faryal absconders

The Federal Investigation Agency on Saturday declared former president Asif Ali Zardari and his sister Faryal Talpur absconders in a money laundering case. A two-member bench headed by Chief Justice of Pakistan Mian Saqib Nisar had taken a suo motu notice
Published 22 Jul, 2018 12:00am
Facebook probes whether data firm violated policies: report
Kerb

Facebook probes whether data firm violated policies: report

Facebook has suspended a Boston analytics firm from its site and says it is investigating whether the company's contracts with the US government and a Russian non-profit violated policies, the Wall Street Journal reported. The firm, Crimson Hexagon, says
Published 22 Jul, 2018 12:00am
Facebook probes whether data firm violated policies: report
Kerb

Facebook probes whether data firm violated policies: report

Facebook has suspended a Boston analytics firm from its site and says it is investigating whether the company's contracts with the US government and a Russian non-profit violated policies, the Wall Street Journal reported. The firm, Crimson Hexagon, says
Published 22 Jul, 2018 12:00am
Independent candidate commits suicide

Independent candidate commits suicide

The Election Commission of Pakistan has postponed polling in NA-103 and PP-103 Faisalabad after an independent candidate contesting on the seat committed suicide. Mirza Mohammad Mughal shot himself in the head and he died on the spot. The motive behind th
Published 22 Jul, 2018 12:00am
Independent candidate commits suicide

Independent candidate commits suicide

The Election Commission of Pakistan has postponed polling in NA-103 and PP-103 Faisalabad after an independent candidate contesting on the seat committed suicide. Mirza Mohammad Mughal shot himself in the head and he died on the spot. The motive behind th
Published 22 Jul, 2018 12:00am
Judiciary also responsible for current situation: Justice Siddiqui

Judiciary also responsible for current situation: Justice Siddiqui

Islamabad High Court's (IHC) Justice Shaukat Aziz Siddiqui on Saturday said, "The judiciary is 50 percent responsible for the current situation of the country while institutions are responsible for the other 50 percent." He was addressing the Rawalpindi B
Published 22 Jul, 2018 12:00am
Judiciary also responsible for current situation: Justice Siddiqui

Judiciary also responsible for current situation: Justice Siddiqui

Islamabad High Court's (IHC) Justice Shaukat Aziz Siddiqui on Saturday said, "The judiciary is 50 percent responsible for the current situation of the country while institutions are responsible for the other 50 percent." He was addressing the Rawalpindi B
Published 22 Jul, 2018 12:00am
UK arrested Turkish businessman on Ankara extradition request

UK arrested Turkish businessman on Ankara extradition request

Britain said on Saturday it had arrested Akin Ipek, a Turkish businessman accused of links to US-exiled preacher Fethullah Gulen, following an extradition request from Turkey. "We can confirm that Mr Ipek has been arrested in relation to an extradition re
Published 22 Jul, 2018 12:00am
UK arrested Turkish businessman on Ankara extradition request

UK arrested Turkish businessman on Ankara extradition request

Britain said on Saturday it had arrested Akin Ipek, a Turkish businessman accused of links to US-exiled preacher Fethullah Gulen, following an extradition request from Turkey. "We can confirm that Mr Ipek has been arrested in relation to an extradition re
Published 22 Jul, 2018 12:00am
Federal tax revenue: Karachi's contribution

Federal tax revenue: Karachi's contribution

That Karachi is the largest contributor to the federal tax revenue receipts is no news for the city of the Quaid has been the big hand that feeds the exchequer of the country since its inception. Moreover, the next two cities are miles from where Karachi
Published 22 Jul, 2018 12:00am
Expansion of Pak-Iran ties

Expansion of Pak-Iran ties

It is heartening to note that the initiative taken by army chief General Javed Qamar Bajwa has begun to pay off rather quickly as both Iran and Pakistan are pledging to improve their bilateral ties by removing their mutual mistrust that has characterized
Published 22 Jul, 2018 12:00am
From empires to democracies

From empires to democracies

The age of empires is gone. Empires have been replaced by 'big powers'. These big powers are mostly democracies. The simplest definition of democracy is: holding of elections at certain intervals (4 to 5 years) to change faces. People who are the real sov
Published 22 Jul, 2018 12:00am
Trump attacks on Fed raise spectre of political meddling
Currency

Trump attacks on Fed raise spectre of political meddling

President Donald Trump on Friday doubled down on his attack on the Federal Reserve for raising interest rates - a shock criticism of the central bank that US presidents traditionally avoid and one economists say is dangerous. He also lambasted China and t
Published 22 Jul, 2018 12:00am
After 15 years, thieves behind French heist surface in Serbia

After 15 years, thieves behind French heist surface in Serbia

They believed they were safe but a few blood drops betrayed them: 15 years after a daring robbery at a French jewellery store, the four alleged perpetrators have been found - in Serbia. The Belfort job had all the hallmarks of a "Pink Panther" operation,
Published 22 Jul, 2018 12:00am
Army's role in polls

Army's role in polls

What more can the army do to ease legitimate or illegitimate concerns about the role of troops in the conduct of general elections. Army spokesman Major General Asif Ghafoor has clarified that armed forces have no direct responsibility in the conduct of e
Published 22 Jul, 2018 12:00am
PTI to improve LG system across country: Imran

PTI to improve LG system across country: Imran

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Saturday said that he struggled day and night to eliminate corruption. Addressing a rally in Karak, he said if elected to power, his party would introduce a new system in the country as corruption is t
Published 22 Jul, 2018 12:00am
Fazl foresees victory of religious forces in polls

Fazl foresees victory of religious forces in polls

President, Mutahidda Majlis-e-Amal (MMA), Maulana Fazlur Rehman, has said the forces of truth and evil were at war in the country at present and the religious forces would be victorious through the public vote. He was addressing a big public meeting at Ma
Published 22 Jul, 2018 12:00am
PTI leader joins ANP in Mardan

PTI leader joins ANP in Mardan

Pakistan Tehreek-e-Insaf (PTI) founder member and district Mardan Finance Secretary Jehanzeb Afzal along with his family and supporters announced to quit PTI and joined Awami National Party (ANP). In this connection, a joining gathering was held in this r
Published 22 Jul, 2018 12:00am
PEW voices concern over economic crisis

PEW voices concern over economic crisis

The Pakistan Economy Watch (PEW) on Saturday expressed its concern the current economic difficulties facing the country and called for a realistic plan to put economy back on rails.
Published 22 Jul, 2018 12:00am
15 candidates in fray for Peshawar's PK-77

15 candidates in fray for Peshawar's PK-77

The Pakistan Tehreek-e-Insaf (PTI) has fielded a young candidate, Kamran Khan Bangash, for PK-77 Peshawar XII constituency in the upcoming general election to take on 14 rivals. The PK-77, Peshawar XII is an urban constituency and was called PK-2 before t
Published 22 Jul, 2018 12:00am
PPP workers rendered great sacrifices for democracy: Zardari

PPP workers rendered great sacrifices for democracy: Zardari

Former President of Pakistan and co-chairman of Pakistan Peoples Party Asif Ali Zardari has said that the leadership and workers of PPP have rendered great sacrifices for restoration of democracy in this country and today democracy is being strengthened d
Published 22 Jul, 2018 12:00am
Capital witnesses surge in crimes

Capital witnesses surge in crimes

Despite tight security arrangements in the federal capital, the incidents of armed robbery, snatching at gunpoint, motor vehicle theft and murder registered a significant increase during the last week. According to data gathered by Business Recorder here
Published 22 Jul, 2018 12:00am
Live footage: young voters remind candidates of their rhetorics

Live footage: young voters remind candidates of their rhetorics

The crowd of young people, many armed with smartphones, surround the politician's car and begin streaming live footage of something extraordinary: angry voters asking their elected representatives what they have done for them lately. A titanic 46 million
Published 22 Jul, 2018 12:00am
U-turn signs should be replaced with Imran's pictures: Shahbaz

U-turn signs should be replaced with Imran's pictures: Shahbaz

Taking a dig at his political rival, Pakistan Muslim League-Nawaz (PML-N) president Mian Shahbaz Sharif on Saturday said that considering Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan's impulsive nature, the u-turn signs on roads should be replaced with
Published 22 Jul, 2018 12:00am
PML-N vote bank is still intact, claims Saad

PML-N vote bank is still intact, claims Saad

Pakistan Muslim League-Nawaz (PML-N) leader Khawaja Saad Rafique has claimed that despite conspiracies and a negative propaganda, the vote bank of the PML-N is still intact and the party would emerge victorious on July 25.
Published 22 Jul, 2018 12:00am
Ashiana Housing Scheme: Fawad's remand extended for another 14 days

Ashiana Housing Scheme: Fawad's remand extended for another 14 days

An accountability court on Saturday extended physical remand of former principal secretary to prime minister Fawad Hassan Fawad for another 14 days in Ashiana Housing Scheme scam. The officials of the National Accountability Bureau (NAB) produced Fawad be
Published 22 Jul, 2018 12:00am
DEOs to donate funds for dams' construction

DEOs to donate funds for dams' construction

The Director General, Punjab Emergency Service (Rescue 1122), Dr Rizwan Naseer has announced donation of two-day salary of all Rescue Officers and one day-salary of all rescue officials for Diamir-Bhasha and Mohmand Dams Funds in the light of historic dec
Published 22 Jul, 2018 12:00am
WWF-P for collective efforts to achieve SDGs

WWF-P for collective efforts to achieve SDGs

WWF-Pakistan has urged all citizens, those working in the public and private sectors, civil society organizations, academia, and others to take collective action aimed at bringing together the agendas for sustainable development, climate change adaptation
Published 22 Jul, 2018 12:00am
Advisory for cotton growers
Cotton

Advisory for cotton growers

The Punjab Agriculture Department has reiterated that grower should pay special attention towards weed eradications from cotton crop as production of weed exceed during monsoon season. A departmental spokesman said that weeds not only compete with crop wi
Published 22 Jul, 2018 12:00am
Unity may be in jeopardy if polls rigged: Siraj

Unity may be in jeopardy if polls rigged: Siraj

Chief of Jamaat e Islami, Pakistan, Senator Sirajul Haq, has called upon the care taker government, the Election Commission and concerned institutions to take the masses in confidence regarding the questioned being raised about the elections. Addressing e
Published 22 Jul, 2018 12:00am
Electioneering at its peak in Sialkot

Electioneering at its peak in Sialkot

The electioneering is reaching at fever pitch as political rivals are gearing up wooing voters to win their maximum support in and around Sialkot. The local leaders belonging to various political parties and candidates have changed their attitude and swee
Published 22 Jul, 2018 12:00am
Minister for uniform energy tariffs across country

Minister for uniform energy tariffs across country

Federal Minister for Commerce, Industries and Production Mian Misbah-ur-Rehman has said that energy tariffs should be uniformed throughout the country. While speaking at the Lahore Chamber of Commerce and Industry (LCCI) on Saturday, the minister said the
Published 22 Jul, 2018 12:00am
Poll arrangements reviewed in Punjab

Poll arrangements reviewed in Punjab

Deputy Commissioner Lahore Captain Anwarul Haq (r) and DIG Operation Lahore Shahid Akbar headed a meeting on Saturday to review the arrangements for the forthcoming general elections in the provincial capital. The meeting was attended by the senior police
Published 22 Jul, 2018 12:00am
Advance Payment limit: SCCI rejects SBP decision

Advance Payment limit: SCCI rejects SBP decision

President Sialkot Chamber of Commerce and Industry (SCCI) Zahid Latif Malik rejected the decision of the State Bank of Pakistan for withdrawals of the facility for Advance Payment limit of USD 10,000 on imports vide its circular number 06. 2018 dated July
Published 22 Jul, 2018 12:00am
Bailout plan demanded to bring economy out of crisis

Bailout plan demanded to bring economy out of crisis

Chief Coordinator Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Ijaz A. Khokhar has urged upon the government to announce bailout plan for bringing the national economy out of serious crisis on top priority basis.
Published 22 Jul, 2018 12:00am
PML-N deplores court verdict

PML-N deplores court verdict

Pakistan Muslim League-Nawaz (PML-N) has deplored the decision of Control of Narcotics Substances (CNS) Court of sending the party's candidate from NA-60 Rawalpindi, Hanif Abbasi, to jail for life, saying the verdict "lacks justice."
Published 22 Jul, 2018 12:00am
Sanjrani for measures to mitigate effects of deforestation

Sanjrani for measures to mitigate effects of deforestation

Chairman Senate Muhammad Sadiq Sanjrani on Saturday called for taking concrete measures to mitigate the effects of deforestation. He has planted a sapling in the lawn of the Parliament House with the purpose to raise awareness for enhancing the green cove
Published 22 Jul, 2018 12:00am
Import of cellular phones surges by 19 percent

Import of cellular phones surges by 19 percent

Import of mobile phones witnessed a phenomenal growth of 19.44 percent in the fiscal year 2017-18 as it remained $847.654 million compared to $709.690 million during the same period of 2016-17. According to market sources, the massive increase in mobile p
Published 22 Jul, 2018 12:00am
'Medicines for BP, cardiovascular disease not causing cancer'

'Medicines for BP, cardiovascular disease not causing cancer'

Leading cardiologists, diabetologists and pharmacists on Saturday clarified that medicines used for the treatment of blood pressure and cardiovascular disease including Valsartan were not causing cancer and urged people to continue taking the drug if thei
Published 22 Jul, 2018 12:00am
Solider died, five injured in road mishap

Solider died, five injured in road mishap

A solider of Pakistan Army died while others were injured in a road accident here on Saturday. According to details, a vehicle carrying soldiers of Pakistan Army from Gujranwala to Faisalabad for election duty turned turtle on motorway near Sukheki Servic
Published 22 Jul, 2018 12:00am
Prices of essential kitchen items witness upward trend

Prices of essential kitchen items witness upward trend

Prices of entire range of essential kitchen items witnessed a further increase during this week as compared to preceding week, a survey conducted by Business Recorder revealed, here on Saturday. The survey observed that during the week under review, price
Published 22 Jul, 2018 12:00am
ECP rejects Ayaz, Khattak replies in abusive language case

ECP rejects Ayaz, Khattak replies in abusive language case

The Election Commission of Pakistan (ECP) on Saturday directed not to issue notification of success to former chief minister of Khyber Pakhtunkhwa Pervaiz Khattak if he wins elections and rejected the replies of former National Assembly (NA) speaker Ayaz
Published 22 Jul, 2018 12:00am
Pakhtuns passing through critical juncture: Sherpao

Pakhtuns passing through critical juncture: Sherpao

Chairman Qaumi Watan Party (QWP), Aftab Ahmad Khan Sherpao has said that Pakhtuns are passing through a very critical time of history and if they did not get united they would be pushed in further crises. He contended that the Pakhtuns had been in turmoil
Published 22 Jul, 2018 12:00am
CJP to hear public interest cases at Lahore tomorrow

CJP to hear public interest cases at Lahore tomorrow

Chief Justice of Pakistan Mian Saqib Nisar will take up multiple cases of public interest at Lahore from next week starting from July 23 (Monday). A three-member bench headed by the chief justice and comprising Justice Umar Ata Bandial and Justice Ijazul
Published 22 Jul, 2018 12:00am
PBIF chief for focussing on value added sector
Currency

PBIF chief for focussing on value added sector

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has emphasized that the government should focus the development of value added sector of the country. He said competitive advantages in term of raw material and value additi
Published 22 Jul, 2018 12:00am
SWC chief calls for water conservation plan

SWC chief calls for water conservation plan

Former Justice Amir Hani Muslim, Chairman of Supreme Court-mandated Commission on Water and Sanitation of Sindh said that water is life which essentially means that we must divert our attention and develop strategies and action plans to solve water-relate
Published 22 Jul, 2018 12:00am
MCC seizes myriad quantity of betel nuts

MCC seizes myriad quantity of betel nuts

Model Customs Collectorate (MCC), Preventive on Saturday claimed to have confiscated myriad quantity of betel nuts from a warehouse in Karachi. The action was taken on a tip-off, which revealed that huge quantity of betel nuts were stored in a warehouse l
Published 22 Jul, 2018 12:00am
Shortage of pulses attributed to reduced import

Shortage of pulses attributed to reduced import

Pulses shortage struck the local market, as traders see the government's import curtailment policy as one of the major reasons behind the commodity crisis. Traders told Business Recorder on Saturday that the global pulses market fell to $700 a metric ton
Published 22 Jul, 2018 12:00am
Gas & Oil Pakistan donates Rs 12 million for dams

Gas & Oil Pakistan donates Rs 12 million for dams

To tackle the worst-ever water crisis, Gas & Oil Pakistan Ltd (GO) has donated Rs 10 million, plus 3 days salary of its employees, accumulating to a total of Rs 12 million towards the Diamer-Bhasha and Mohmand Dam Fund. During a hearing, the Chief Justice
Published 22 Jul, 2018 12:00am
Soneri Bank conducts on-campus recruitment drive

Soneri Bank conducts on-campus recruitment drive

The HR team of Soneri Bank Ltd conducted on-campus recruitment drive at Punjab University Hailey College of Banking & Finance (HCBF). Shortlisted students appeared for the written test. The students appearing for the test expressed their gratitude for the
Published 22 Jul, 2018 12:00am
Terror suspects nabbed by Rangers

Terror suspects nabbed by Rangers

Pakistan Rangers Punjab along with intelligence agencies on Saturday conducted intelligence based operations (IBOs) in different areas and apprehended terror suspects with illegal weapons. The IBOs were conducted in various areas of Punjab including Attoc
Published 22 Jul, 2018 12:00am
Bilawal terms PPP manifesto 'people-friendly'

Bilawal terms PPP manifesto 'people-friendly'

Pakistan Peoples Party (PPP) chairman Bilawal Bhutto Zardari on Saturday said that his party's manifesto hass always been people-friendly Addressing a charged crowed in Nagarparkar on Saturday, he said that wherever he had gone, he received a warm welcome
Published 22 Jul, 2018 12:00am
Trump denies wrongdoing, says tape 'perhaps illegal'

Trump denies wrongdoing, says tape 'perhaps illegal'

US President Donald Trump on Saturday denied any wrongdoing a day after reports that his onetime attorney Michael Cohen had recorded them both discussing buying the rights to a story by a woman who said she had an affair with Trump.
Published 22 Jul, 2018 12:00am
At least 10 dead in Vietnam floods

At least 10 dead in Vietnam floods

At least 10 people have died after floods spurred by Typhoon rains struck central and northern Vietnam, authorities said Saturday. The southeast Asian country is prone to monsoon storms and floods, which frequently claim hundreds of lives every year. Typh
Published 22 Jul, 2018 12:00am
Negotiations with US useless: Khamenei

Negotiations with US useless: Khamenei

Iran's supreme leader Ayatollah Ali Khamenei said Saturday that negotiations with the United States are "useless" because it does not abide by agreements. "As I have previously said, we cannot trust in the words of the United States and even in their sign
Published 22 Jul, 2018 12:00am
10 Iran Revolutionary Guards killed in border clash

10 Iran Revolutionary Guards killed in border clash

At least 10 members of Iran's Revolutionary Guards were killed when insurgents attacked one of their bases along the border with Iraq, the force said in a statement on Saturday. The attack happened on Friday night in the village of Dari, in the Marivan di
Published 22 Jul, 2018 12:00am
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