04102016Sun
Last update: Sun, 10 Apr 2016 10am

Business & Finance

India's Tata Steel confirms UK fraud probe

2016-04-09 13:19:32

MUMBAI: India's Tata Steel said Saturday that Britain's Serious Fraud Office is investigating a lapse in procedures at its steel-making site in Yorkshire, as the group seeks to sell its UK operations.In a filing to the Bombay Stock Exchange,

Readmore

Faster rate reduction not enough to stimulate growth: Russian central bank

2016-04-09 12:32:36

MOSCOW: Russia's central bank believes that a faster reduction in key rates on its own can do little to stimulate growth in the crisis-battered economy, the bank's governor, Elvira Nabiullina, said on Saturday."It is an illusion that a faster

Readmore

China's finance ministry to auction 10bn yuan 182-day bills

2016-04-08 15:27:52

SHANGHAI: China's Ministry of Finance said on Friday it would auction 10 billion yuan ($1.54 billion) in 182-day bills on April 15.After the auction, the bonds will be issued from April 15 to April 18 and start trading on the secondary market on

Readmore

World

US expresses 'serious concern' over Darfur referendum

2016-04-09 19:21:34

WASHINGTON: The US State Department on Saturday expressed "serious concern" over next week's referendum in Sudan on the future of Darfur, stating that the vote will not be credible under current rules and conditions.The April 11-13 referendum wil

Readmore

Police raid El Salvador branch of 'Panama Papers' law firm

2016-04-09 08:56:44

SAN SALVADOR: Police on Friday raided the El Salvador offices of the Panama-based law firm at the heart of the "Panama Papers" scandal that has revealed how the wealthy in many countries stashed their riches offshore.The swoop on the San Salvador off

Readmore

France PM visits Algeria amid French media boycott

2016-04-09 19:58:48

ALGIERS: France's Prime Minister Manuel Valls said Saturday he had "deep regrets" over Algeria's refusal to issue visas to two French journalists in a row over the so-called Panama Papers revelations."I will bring up this point with friendshi

Readmore

Pakistan

Car production up 43pc, LCVs output increases by 137pc in 7 months

2016-04-09 13:07:34

ISLAMABAD: The production of jeeps and cars witnessed growth of 43.02 percent in production during the first seven months of the current fiscal year, compared to the corresponding period of last year.As many as 110,035 jeeps and cars were manufacture

Readmore

FESCO issues shutdown programme

2016-04-09 10:48:30

FAISALABAD: The Faisalabad Electric Supply Company (FESCO) has issued shutdown programme for Monday due to necessary repair, maintenance and expansion of electricity lines.According to the programme issued by the company, power supply from Garden Col

Readmore

Rs1010.841mn revenue collected from motorway toll plazas

2016-04-08 11:11:01

ISLAMABAD: The revenue of Rs 1010.841 millions was collected from the motorway toll plazas during July to December 2015.The official sources of Communication ministry said that toll plazas auction process was done in a transparent manner and the reve

Readmore

Sports

Pakistan’s women side an example for the men’s team

2016-04-09 10:57:30

Pakistan's women side an example for the men's team, While Pakistan men team turned out to be a disappointed for fans. Pakistan's bowling coach Azhar Mahmood has urged the men's team to tap into the same spirit as the women displayed

Readmore

I haven't signed a contract with anyone, says Mourinho

2016-04-09 22:26:46

LONDON: Former Chelsea manager Jose Mourinho has not signed a contract with anybody, he said on Saturday, but expects to be back in football in time for the start of next season and would prefer to work in England again."At this moment I can promise

Readmore

Stephens into Charleston final as ill Kerber quits

2016-04-09 21:41:21

LOS ANGELES: American seventh seed Sloane Stephens reached the final of the Charleston clay court tournament on Saturday when Australian Open champion Angelique Kerber was forced to quit their semi-final.Top seed Kerber of Germany was down 6-1, 3-0 w

Readmore

Entertainment

Another Suicide Soon after Pratyusha Banerjee’s Suicide Case

2016-04-09 10:27:11

Indian TV actress Pratyusha Banerjee who was found dead at her residence on April 1 has been causing some serious impact on Indian fans. In a shocking instance, a woman reportedly committed suicide in Raipur because she was upset over the actress'

Readmore

Fawad Khan Now on Salman Khan's Path

2016-04-09 09:09:42

The Pakistani actor has reached the new height of stardom with his back to back Bollywood hits in form of ‘Khoobsurat’ and ‘Kapoor and Sons’. Karan Johar has reportedly decided to increase the screen time for Fawad’s role in his next, ‘Ae

Readmore

Diabetes the ‘Silent Killer’, how to counter?

2016-04-07 10:55:16

In the wake of Global Diabetes report 2016, published by UN’s World Health Organization (WHO), which dropped a bombshell revealing that almost half a billion (422 million) adults are suffering from Diabetes.Concerns have been raised as how to contr

Readmore

Markets

Wall St ends higher but indexes post weekly losses

2016-04-08 21:59:47

A sharp rally in crude oil and energy shares lifted U.S. stocks on Friday, but indexes registered losses for the week.U.S. crude oil settled more than 6 percent higher after data showed lower U.S. stockpiles, driving gains of 2 percent in the S&P

Readmore

C$ strengthens to one-week high on jobs data, oil

2016-04-08 22:02:16

TORONTO: The Canadian dollar strengthened to a one-week high against its US counterpart on Friday, with investor optimism buoyed by stronger-than-expected Canadian jobs data and a rally in oil prices.The economy created 40,600 jobs in March, far surp

Readmore

Gazprom sees 2015 dividend flat yr/yr

2016-04-09 09:21:39

MOSCOW: Russian gas giant Gazprom will pay a dividend of 7.2 roubles per share for last year, keeping them at the same level as in 2014, TASS news agency quoted Gazprom's chairman Viktor Zubkov as saying on Saturday. Gazprom said last week that i

Readmore