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Dec 23, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-01-06
Dollar hurt as Fed's Powell pledges patience over economy
Currency

Dollar hurt as Fed's Powell pledges patience over economy

The US dollar retreated against the euro on Friday, giving up all the gains logged after a robust US jobs report, following comments from Federal Reserve Chairman Jerome Powell that the US central bank will be sensitive to the downside risks the market is
Published 06 Jan, 2019 12:00am
China slashes banks' reserve requirements again as growth slows

China slashes banks' reserve requirements again as growth slows

China's central bank said on Friday it was cutting the amount of cash that banks have to hold as reserves for the fifth time in a year, freeing up $116 billion for new lending as it tries to reduce the risk of a sharp economic slowdown. The cut comes amid
Published 06 Jan, 2019 12:00am
New York's Met welcomed record 7.4 millions visitors in 2018

New York's Met welcomed record 7.4 millions visitors in 2018

New York's Metropolitan Museum of Art welcomed almost 7.4 million visitors in 2018, figures showed Friday, a new record for the venerable institution which in March began charging a fixed fee for out-of-towners. The figure represented a rise of 5.1 percen
Published 06 Jan, 2019 12:00am
New Petrobras boss seeks free-market 'efficiency'

New Petrobras boss seeks free-market 'efficiency'

The new boss of Brazilian state-owned oil giant Petrobras said Thursday that he wanted to draw a line under the company's graft-mired past and offer "a new dawn." "Monopolies restrict liberty," Roberto Castello Branco told a crowd of officials and Petrobr
Published 06 Jan, 2019 12:00am
Emissions test woes ding German car sales

Emissions test woes ding German car sales

Months of disruption to the German car industry from new emissions tests barely dented annual sales figures in 2018, official data showed Friday, although diesel vehicles' popularity ebbed further. A total of 3.44 million new cars were registered on the r
Published 06 Jan, 2019 12:00am
China's population set to peak at 1.44 billion in 2029

China's population set to peak at 1.44 billion in 2029

China's population is set to reach a peak of 1.442 billion in 2029 and start a long period of "unstoppable" decline in 2030, government scholars said in a research report published on Friday. The world's most populous country must now draw up policies to
Published 06 Jan, 2019 12:00am
China's Chongqing to step up support for real economy

China's Chongqing to step up support for real economy

The sprawling southwestern Chinese city of Chongqing has introduced more measures to bolster the real economy amid growing pressure from Beijing to step up support for the country's private sector as economic growth slows. The city has announced 18 policy
Published 06 Jan, 2019 12:00am
Four die in Spain building fires, baby critical

Four die in Spain building fires, baby critical

Four people died Saturday and a baby girl in a critical condition was among the injured, in two separate tower block fires in northeastern Spain, firefighters said. The first blaze started on Saturday morning in a 10-storey block of flats in Badalona, abo
Published 06 Jan, 2019 12:00am
Six schoolchildren, driver killed in India bus crash

Six schoolchildren, driver killed in India bus crash

Six children were killed alongside their driver and 12 more were injured after their bus fell into a gorge in northern India on Saturday, police said. The driver of the bus also died in the accident, while seven injured students were said to be in a criti
Published 06 Jan, 2019 12:00am
Violence rages over Indian flashpoint temple

Violence rages over Indian flashpoint temple

Twin arson and bomb attacks rocked southern India Saturday, continuing a violent backlash that followed the entry of two women into a Hindu temple that forbids female devotees. The Sabarimala temple in Kerala state has been at the centre of a prolonged sh
Published 06 Jan, 2019 12:00am
Deal with Syria regime 'inevitable': Kurdish commander

Deal with Syria regime 'inevitable': Kurdish commander

A deal between Damascus and Syria's Kurds over their autonomous region in the country's north is "inevitable", a senior Kurdish military official said on Saturday, insisting that Kurdish forces should remain in the area. Marginalised for decades, Syria's
Published 06 Jan, 2019 12:00am
UN envoy arrives in Yemen to push Hodeida truce

UN envoy arrives in Yemen to push Hodeida truce

The UN envoy for Yemen arrived in the capital Sanaa on Saturday for talks to shore up a ceasefire in the country's lifeline port city of Hodeida, an AFP photographer said. Martin Griffiths is scheduled to hold talks in Sanaa with Huthi rebel leaders befor
Published 06 Jan, 2019 12:00am
Mexican president declares few assets, shows bare wallet

Mexican president declares few assets, shows bare wallet

Mexico's austerity-crusader President Andres Manuel Lopez Obrador said Friday his official declaration contained virtually no assets, showing his nearly empty wallet to reporters as evidence. Lopez Obrador, an anti-establishment leftist who took office la
Published 06 Jan, 2019 12:00am
Iran to deploy warships to Atlantic

Iran to deploy warships to Atlantic

Iran is to deploy its newest warship to the Atlantic Ocean on a five-month mission - the navy's longest in a decade, the conservative Fars news agency reported on Saturday. "The navy has had a plan to deploy a flotilla to the Atlantic Ocean for a few year
Published 06 Jan, 2019 12:00am
Floods, blackouts after Thai storm, but tourist islands spared

Floods, blackouts after Thai storm, but tourist islands spared

Floods and blackouts caused by Tropical Storm Pabuk left nearly 30,000 people in evacuation shelters across southern Thailand Saturday, as relieved tourists stranded on islands further north were spared the worst and began to plot routes home.
Published 06 Jan, 2019 12:00am
Prices of essential kitchen items witness upward trend

Prices of essential kitchen items witness upward trend

Prices of essential kitchen items witnessed a further increase during this week past as compared to the preceding week, a survey conducted by Business Recorder revealed here on Saturday. The survey observed that during the week under review, prices
Published 06 Jan, 2019 12:00am
Zardari, Bilawal condemn raid on Nayyar Bukhari's residence

Zardari, Bilawal condemn raid on Nayyar Bukhari's residence

President Pakistan Peoples Party Parliamentarians (PPPP) Asif Ali Zardari and Chairman of Pakistan Peoples Party Bilawal Bhutto Zardari have strongly condemning the raid on the residence of Secretary General PPP Syed Nayyar Hussain Bukhari has said that t
Published 06 Jan, 2019 12:00am
CJP urged to take suo motu action against KMC

CJP urged to take suo motu action against KMC

All Pakistan Motorcycle Spares-parts Importers and Dealers Association (APMSI&DA) has requested the Chief Justice of Pakistan Mian Saqib Nisar to take suo motu against the KMC who had served notices for vacating five markets within just three days.
Published 06 Jan, 2019 12:00am
Glowing tributes paid to Zulfiqar Ali Bhutto

Glowing tributes paid to Zulfiqar Ali Bhutto

The leaders of different wings of Pakistan People's Party on Saturday paid rich tributes to former prime minister and PPP founder Zulfiqar Ali Bhutto (ZAB) during various events held in parts of Peshawar on his 91st birth anniversary.
Published 06 Jan, 2019 12:00am
AC extends remand of Khwaja brothers till January 19

AC extends remand of Khwaja brothers till January 19

An accountability court on Saturday extended physical remand of Khwaja Saad and his brother Khwaja Salman for another 14 days in Paragon City Housing Society scam and directed the NAB to produce them again on January 19. Earlier, the National Accountabili
Published 06 Jan, 2019 12:00am
One-dish in weddings: Action against violation continues

One-dish in weddings: Action against violation continues

The Lahore district administration continued with its crackdown against violators of one-dish rule and exceeding the permitted timing for weddings. On the direction of District Commissioner Saleha Saeed, the administration took action against two wedding
Published 06 Jan, 2019 12:00am
WIEFC-2019 opens: Minister for strengthening Islamic banking system

WIEFC-2019 opens: Minister for strengthening Islamic banking system

Minister of Higher Education Punjab Raja Yasir Humayon called for strengthening Islamic banking and finance system in the country. He was addressing the 2nd World Islamic Economic and Finance Conference (WIEFC) held under the aegis of Minhaj University La
Published 06 Jan, 2019 12:00am
FCCI hosts dinner in honour of Iran, India Kabaddi teams

FCCI hosts dinner in honour of Iran, India Kabaddi teams

Sports play an important role in promoting international fraternity and election of a cricketer as Prime Minister of Pakistan will help to project Pakistan as a peace loving country in international community in addition to promoting healthy sports activi
Published 06 Jan, 2019 12:00am
Struggling Australia throw away wickets in big run chase

Struggling Australia throw away wickets in big run chase

Australia blew a strong start with yet another top order batting collapse in Sydney Saturday, leaving themselves a mountain to climb to stay in the fourth and final Test against India. When play was abandoned half an hour early due to rain, they were 236
Published 06 Jan, 2019 12:00am
Thisara's 140 in vain as NZ snatch ODI series

Thisara's 140 in vain as NZ snatch ODI series

A rollicking maiden century by Sri Lanka's Thisara Perera was ultimately in vain as New Zealand wrapped up the one-day series with a 21-run victory in the second ODI at Mount Maunganui. With Sri Lanka chasing New Zealand's 319 for seven, they were on the
Published 06 Jan, 2019 12:00am
Federer wins third Hopman in dramatic fashion
Kerb

Federer wins third Hopman in dramatic fashion

Roger Federer became the most successful player in Hopman Cup history when he led Switzerland to a 2-1 win in an enthralling final of the mixed teams tournament in Perth Saturday. In what is tipped to be the final edition of the unique tournament, the bes
Published 06 Jan, 2019 12:00am
Pakistan avoid innings defeat, delay South Africa victory charge

Pakistan avoid innings defeat, delay South Africa victory charge

Half-centuries by Shan Masood, Asad Shafiq and Babar Azam enabled Pakistan to avoid an innings defeat and take the second Test against South Africa at Newlands into a fourth day. Pakistan were bowled out in the last over of the third day for 294 on Saturd
Published 06 Jan, 2019 12:00am
Fawad accuses PML-N, PPP of destroying institutions

Fawad accuses PML-N, PPP of destroying institutions

Federal Information Minister Fawad Chaudhry on Saturday said Pakistan Tehreek-e-Insaf (PTI) government would not compromise on the continuing accountability process in the country. Addressing a ceremony in Lahore, Fawad Chaudhry said the masses gave them
Published 06 Jan, 2019 12:00am
Siraj terms PTI a 'new edition'of past governments

Siraj terms PTI a 'new edition'of past governments

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has said that the PTI government was "new edition" of the past governments and its five months output was nothing except claims and empty slogans. While addressing the central Shoora of the JI at Mansoora, he
Published 06 Jan, 2019 12:00am
Upcoming mini budget to bring massive inflation: Saad

Upcoming mini budget to bring massive inflation: Saad

Criticising the PTI-led government, Pakistan Muslim League-Nawaz (PML-N) leader Khawaja Saad Rafique has said that incompetent government has pushed the country towards crisis and the upcoming mini budget will bring massive inflation.
Published 06 Jan, 2019 12:00am
PQ coal-fired plant: Chinese firm pays $167 million taxes and duties

PQ coal-fired plant: Chinese firm pays $167 million taxes and duties

Chinese company, Power China alone has paid $167 million to Pakistan in term of taxes and duties, since the operationalization of Port Qasim coal-fired power plant. There are other companies as well in Pakistan which contribute to national exchequer, payi
Published 06 Jan, 2019 12:00am
Six students receive burn injuries as van catches fire

Six students receive burn injuries as van catches fire

Some six pupils got burns injuries after a school bus caught fire near the Qatar Hospital in Orangi Town, here on Saturday. Rescue sources said 14 children were present inside the vehicle at the time of the incident while six of them were rushed to the Ci
Published 06 Jan, 2019 12:00am
Snowfall continues in Gilgit, other parts of area

Snowfall continues in Gilgit, other parts of area

In Gilgit-Baltistan, snowfall in Gilgit and other parts of the area is continuing on Saturday. Three inches snowfall has been recorded so far in Gilgit. Skardu remained the coldest place with minimum temperature of minus 9 Degree centigrade. Temperatures
Published 06 Jan, 2019 12:00am
No nation can make progress sans education: CJP

No nation can make progress sans education: CJP

Expressing disappointment over negligence in the education sector, Chief Justice of Pakistan Mian Saqib Nisar on Saturday said that no nation can make progress without promotion of education. While addressing a ceremony of the Lahore Institute of Health S
Published 06 Jan, 2019 12:00am
Sale of green-coloured dresses banned in IHK

Sale of green-coloured dresses banned in IHK

The Indian government on Saturday barred traders belonging to Indian occupied Kashmir (IoK) from green colour attires, adding that green symbolises support for the Pakistani flag. On the occasion, the government stated that legal action shall ensue agains
Published 06 Jan, 2019 12:00am
481,660 people provided relief during 2018: DIG

481,660 people provided relief during 2018: DIG

The Punjab police have provided relief to 481,660 people through 36 'Khidmat Marakiz' established across the province for the facilitation of people during 2018. This was revealed by Deputy Inspector General of Police (Discipline and Inspection) Ahsan You
Published 06 Jan, 2019 12:00am
Neelum Jhelum project to go into full operation this season

Neelum Jhelum project to go into full operation this season

Neelum Jhelum Hydropower Project is bracing up for full generation during the next high flow season that will start from April onwards. The project, after its commissioning, has been in operation for almost 8 months.
Published 06 Jan, 2019 12:00am
Bhutto was leader of poor, oppressed masses: Murad

Bhutto was leader of poor, oppressed masses: Murad

Sindh Chief Minister Syed Murad Ali Shah said on Saturday that Shaheed Zulfikar Ali Bhutto was the leader of poor and oppressed people, and it was his vision and wisdom that made possible for Pakistan to become a nuclear state.
Published 06 Jan, 2019 12:00am
ITU's 'ThinkFest' to begin on January 12

ITU's 'ThinkFest' to begin on January 12

The Information Technology University (ITU) the Punjab's Centre, for Governance and Policy, is all set to hold third edition of two-day Afkar-e-Taza ThinkFest at Alhamrah Lahore from January 12 to 13, including talks, speeches and discussions by internati
Published 06 Jan, 2019 12:00am
Buzdar gives away cheques to artistes

Buzdar gives away cheques to artistes

Punjab Chief Minister Sardar Usman Buzdar on Saturday distributed financial aid cheques to renowned singer Tasawar Khanum and the widow of comedian Babbu Baral. Nephew of the Tasawar Khanum and the widow of Babbu Baral received the cheques of Rs 500,000 a
Published 06 Jan, 2019 12:00am
Bilawal urges judges to reform judiciary

Bilawal urges judges to reform judiciary

Pakistan Peoples Party (PPP) chairman Bilawal Bhutto-Zardari has said only elected members can represent the masses as they can understand the public issues. Addressing a ceremony here on Saturday, he said no one will be allowed to violate the constitutio
Published 06 Jan, 2019 12:00am
Bill to curb menace of narcotics tabled in Punjab Assembly

Bill to curb menace of narcotics tabled in Punjab Assembly

In a bid to check the trend of use of Sheesha smoking and crystal ice, the Pakistan Tehreek-e-Insaf (PTI) MPA Seemabi Tahir has tabled a bill titled "The Punjab Prohibition of Sheesha Smoking and Crystal Ice Bill 2019"in the provincial assembly of the Pun
Published 06 Jan, 2019 12:00am
Days of money launderers numbered: Chohan

Days of money launderers numbered: Chohan

Punjab Minister for Information & Culture Fayaz ul Hassan Chohan has said days of culprits have been numbered who looted national exchequer through corruption, money laundering and settling kickbacks and destroyed national institutions including Pakistan
Published 06 Jan, 2019 12:00am
Normal rainfall forecast for mountainous region

Normal rainfall forecast for mountainous region

Pakistan's mountainous region is likely to receive overall a normal rainfall but its southern parts may suffer a below normal precipitation this month, the Met Office said on Saturday. Fog is expected to grip plains of central and lower Punjab, Peshawar a
Published 06 Jan, 2019 12:00am
Government urged to establish livestock farms in Jhelum

Government urged to establish livestock farms in Jhelum

President of Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has emphasized that the government should establish livestock farms to facilitate benefit and attract local investors in order to revive the livestock sector in the Jhelum
Published 06 Jan, 2019 12:00am
IDB seeking judges' transfer to hold demonstration tomorrow

IDB seeking judges' transfer to hold demonstration tomorrow

Islamabad District Bar will hold demonstration tomorrow (Monday) in front of the Parliament House and Supreme Court of Pakistan buildings to seek transfer of judges from the federal capital to other cities. "We want the judges of the subordinate judiciary
Published 06 Jan, 2019 12:00am
APS attack case: JC records statements of ministry officials

APS attack case: JC records statements of ministry officials

Defence Ministry officials on Saturday recorded their statements before a judicial commission constituted to probe the horrendous Army Public School (APS) attack in 2014. According to Imranullah Khan, a member of the commission, more statements will be re
Published 06 Jan, 2019 12:00am
Woman among six injured in Peshawar blast

Woman among six injured in Peshawar blast

At least six people, including a woman were injured in an Improvised Explosive Device (IED) blast in Kala Bari, market in Saddar area of provincial metropolis Peshawar on Saturday morning. The explosion occurred in a vehicle in the Cantonment area. The ve
Published 06 Jan, 2019 12:00am
Five Indian fishermen held for violating territorial waters

Five Indian fishermen held for violating territorial waters

The Pakistan Maritime Security Agency (PMSA) in an action in open sea arrested five Indian fishermen for violating territorial waters and doing illegal fishing. The spokesman of the PMSA said boat of fishermen had also been taken into custody. Arrested fi
Published 06 Jan, 2019 12:00am
PML-N seeks Sheikh Rashid's disqualification from holding public office

PML-N seeks Sheikh Rashid's disqualification from holding public office

Pakistan Muslim League-Nawaz (PML-N) on Saturday demanded the speaker National Assembly to refer a reference filed by the party against Awami Muslim League (AML) chief Sheikh Rashid Ahmed to Election Commission of Pakistan (ECP). On Friday last, PML-N lea
Published 06 Jan, 2019 12:00am
Robbery cases on the rise in Capital
Currency

Robbery cases on the rise in Capital

The capital city witnessed an increase in incidents of robbery and snatching at gunpoint during the last week, as over 18 cases of different kinds of theft were reported to various police stations of the city. According to data gathered by Business Rec
Published 06 Jan, 2019 12:00am
Rashakai SEZ to generate over 50,000 jobs: KP CM

Rashakai SEZ to generate over 50,000 jobs: KP CM

Chief Minister Khyber Pakhtunkhwa Mahmood Khan has said that Rashakai Special Economic Zone will generate over 50, 000 jobs in the province. The project will also contribute to the vision of the prime minister to give 5 million jobs in the next coming yea
Published 06 Jan, 2019 12:00am
Man 'kills' cousin & sister-in-law

Man 'kills' cousin & sister-in-law

A man allegedly killed his cousin and his sister-in-law in the name of honour in Garhi Ismailzai area in the limits of Garhi Kapura police station district Mardan, police said. According to Gahri Kapura police station, Shahzad son of Siraj resident of Gar
Published 06 Jan, 2019 12:00am
Bid to smuggle arms at Torkham border foiled

Bid to smuggle arms at Torkham border foiled

The administration foiled a bid of smuggling of arms from Afghanistan to Pakistan by recovering huge cache of weapons from coal loaded truck at Torkham border on Saturday. Naib Tehsildar Torkham, Ghuncha Gul told that on tip off that smugglers would make
Published 06 Jan, 2019 12:00am
Sherpao for uniting Pakhtun nationalist forces

Sherpao for uniting Pakhtun nationalist forces

Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao said on Saturday that his party would spare no effort to unite the Pakhtuns on a single platform. In a statement issued from Watan Kor, he underscored the need for making efforts to bring all the P
Published 06 Jan, 2019 12:00am
ADB, Balochistan government ink $107 million loan, grants project accord

ADB, Balochistan government ink $107 million loan, grants project accord

Asian Development Bank (ADB) and the provincial government of Balochistan on Saturday signed the project agreement of a $107 million loan and grants to improve irrigation infrastructure and water resource management in Balochistan, Pakistan's largest yet
Published 06 Jan, 2019 12:00am
'The circular debt challenge'

'The circular debt challenge'

Business Recorder op-ed writer Farhat Ali has ably presented the history of circular debt in the country. The facts cited by him in this regard constitute a sardonic comment on the state of governance of successive governments. The PPP government o
Published 06 Jan, 2019 12:00am
Take more 'good' U-turns

Take more 'good' U-turns

Last week, the finance minister took a smart U-turn on petroleum prices by not passing the full benefit of oil prices fall to consumers, and he did it innovatively by adjusting the petroleum levy (PL) while fixing the GST at 17 percent. The upward limit o
Published 06 Jan, 2019 12:00am
A sobering experience for the PTI govt

A sobering experience for the PTI govt

After hasty action on the JIT report pertaining to the money laundering and fake bank accounts cases, the PTI government has had to beat an embarrassing retreat. The ruling party had gone all out on the warpath against the Sindh government, putting the na
Updated 27 Jul, 2019 09:28am
Ironically, amendment not preceded by wider debate

Ironically, amendment not preceded by wider debate

One after the other dismissal of elected governments in 1990s by the presidents was a lingering pain in the neck of the democratic forces. There was that Article 58(2)b, inserted by the military dictator General Ziaul Haq into the Constitution, that empow
Updated 27 Jul, 2019 09:50am
EOI invited to divest shares in MPCL

EOI invited to divest shares in MPCL

Privatization Commission will invite expression of interest (EOI) this month for financial advisor to divest government shares in Mari Petroleum Company Limited (MPCL), sources said. The defense sector is a major shareholder in MPCL with around 55 percent
Published 06 Jan, 2019 12:00am
EOI invited to divest shares in MPCL

EOI invited to divest shares in MPCL

Privatization Commission will invite expression of interest (EOI) this month for financial advisor to divest government shares in Mari Petroleum Company Limited (MPCL), sources said. The defense sector is a major shareholder in MPCL with around 55 percent
Published 06 Jan, 2019 12:00am
EOI invited to divest shares in MPCL

EOI invited to divest shares in MPCL

Privatization Commission will invite expression of interest (EOI) this month for financial advisor to divest government shares in Mari Petroleum Company Limited (MPCL), sources said. The defense sector is a major shareholder in MPCL with around 55 percent
Published 06 Jan, 2019 12:00am
Three dead, four injured in California shooting

Three dead, four injured in California shooting

Police in California on Saturday said three people were killed and four were injured in a shooting at a bowling alley near Los Angeles. Sergeant Ronald Harris of the Torrance Police Department confirmed to AFP that officers responded at 11:54 pm on Friday
Published 06 Jan, 2019 12:00am
Three dead, four injured in California shooting

Three dead, four injured in California shooting

Police in California on Saturday said three people were killed and four were injured in a shooting at a bowling alley near Los Angeles. Sergeant Ronald Harris of the Torrance Police Department confirmed to AFP that officers responded at 11:54 pm on Friday
Published 06 Jan, 2019 12:00am
CJP takes suo motu notice against 10 IPPs

CJP takes suo motu notice against 10 IPPs

Chief Justice of Pakistan Mian Saqib Nisar on Saturday took suo motu notice to ten Independent Power Producers (IPP) for excessive payments made to them. The Chief Justice proceeding with multiple public interest cases observed that the billions of rupees
Published 06 Jan, 2019 12:00am
CJP takes suo motu notice against 10 IPPs

CJP takes suo motu notice against 10 IPPs

Chief Justice of Pakistan Mian Saqib Nisar on Saturday took suo motu notice to ten Independent Power Producers (IPP) for excessive payments made to them. The Chief Justice proceeding with multiple public interest cases observed that the billions of rupees
Published 06 Jan, 2019 12:00am
'Yellow vest' protesters return to streets

'Yellow vest' protesters return to streets

France's "yellow vest" protesters were back on the streets again Saturday as a government spokesman denounced those still protesting as hard-liners who wanted only to bring down the government. Around a thousand protesters gathered on the Champs-Elysees i
Published 06 Jan, 2019 12:00am
'Yellow vest' protesters return to streets

'Yellow vest' protesters return to streets

France's "yellow vest" protesters were back on the streets again Saturday as a government spokesman denounced those still protesting as hard-liners who wanted only to bring down the government. Around a thousand protesters gathered on the Champs-Elysees i
Published 06 Jan, 2019 12:00am
Indian court declares tycoon Mallya a 'fugitive economic offender'

Indian court declares tycoon Mallya a 'fugitive economic offender'

Billionaire tycoon Vijay Mallya was declared a "fugitive economic offender" by an Indian court Saturday, the first businessman to be indicted under the country's new anti-money laundering law. The Fugitive Economic Offenders Act approved in August targets
Published 06 Jan, 2019 12:00am
Indian court declares tycoon Mallya a 'fugitive economic offender'

Indian court declares tycoon Mallya a 'fugitive economic offender'

Billionaire tycoon Vijay Mallya was declared a "fugitive economic offender" by an Indian court Saturday, the first businessman to be indicted under the country's new anti-money laundering law. The Fugitive Economic Offenders Act approved in August targets
Published 06 Jan, 2019 12:00am
US SC to hear case on vulgar trademarks

US SC to hear case on vulgar trademarks

The US Supreme Court on Friday agreed to hear a case brought by a clothing line named "Fuct" which the government has refused to register, claiming it would promote vulgarity. The case pits a provision of US trademark law that allows the government to den
Published 06 Jan, 2019 12:00am
Prague experiences hottest year on record

Prague experiences hottest year on record

The Czech capital Prague has experienced its hottest year since records started in 1775, the weather institute said on Saturday. "In 2018, the average annual temperature in Prague-Clementium was 12.8 degrees Celsius (55.04 Fahrenheit), or 3.2 degrees more
Published 06 Jan, 2019 12:00am
Prague experiences hottest year on record

Prague experiences hottest year on record

The Czech capital Prague has experienced its hottest year since records started in 1775, the weather institute said on Saturday. "In 2018, the average annual temperature in Prague-Clementium was 12.8 degrees Celsius (55.04 Fahrenheit), or 3.2 degrees more
Published 06 Jan, 2019 12:00am
Kashmiris observe Right to Self-determination Day

Kashmiris observe Right to Self-determination Day

SRINAGAR: Kashmiris on both sides of the Line of Control and the world over observed the Right to Self-determination Day on Saturday, to remind the world community that the UN resolutions on Kashmir remain unimplemented even after the passage of seven dec
Published 06 Jan, 2019 12:00am
Kashmiris observe Right to Self-determination Day

Kashmiris observe Right to Self-determination Day

SRINAGAR: Kashmiris on both sides of the Line of Control and the world over observed the Right to Self-determination Day on Saturday, to remind the world community that the UN resolutions on Kashmir remain unimplemented even after the passage of seven dec
Published 06 Jan, 2019 12:00am
Pak-China joint military exercise Warrior-VI concludes

Pak-China joint military exercise Warrior-VI concludes

Pakistan and China's joint military exercise 'Warrior-VI' culminated near Kharian on Saturday. The troops from Special Forces of Pakistan Army and People Liberation Army (PLA) of China participated in the four-week long exercise, said the Inter-Services P
Published 06 Jan, 2019 12:00am
Pak-China joint military exercise Warrior-VI concludes

Pak-China joint military exercise Warrior-VI concludes

Pakistan and China's joint military exercise 'Warrior-VI' culminated near Kharian on Saturday. The troops from Special Forces of Pakistan Army and People Liberation Army (PLA) of China participated in the four-week long exercise, said the Inter-Services P
Published 06 Jan, 2019 12:00am
MoF, FBR officials weigh in on ''mini-budget'' plan

MoF, FBR officials weigh in on ''mini-budget'' plan

Senior officials of the Finance Ministry and the Federal Board of Revenue (FBR) on Saturday added their advice or comments to the ''mini-budget'' plan. A ''mini-budget'' will be presented through the Finance Amendment Bill 2019 in the National Assembly by
Published 06 Jan, 2019 12:00am
MoF, FBR officials weigh in on 'mini-budget' plan

MoF, FBR officials weigh in on 'mini-budget' plan

Senior officials of the Finance Ministry and the Federal Board of Revenue (FBR) on Saturday added their advice or comments to the 'mini-budget' plan. A 'mini-budget' will be presented through the Finance Amendment Bill 2019 in the National Assembly by the
Published 06 Jan, 2019 12:00am
MoF, FBR officials weigh in on 'mini-budget' plan

MoF, FBR officials weigh in on 'mini-budget' plan

Senior officials of the Finance Ministry and the Federal Board of Revenue (FBR) on Saturday added their advice or comments to the 'mini-budget' plan. A 'mini-budget' will be presented through the Finance Amendment Bill 2019 in the National Assembly by the
Published 06 Jan, 2019 12:00am
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