06302016Thu
Last update: Thu, 30 Jun 2016 04am

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Tanveer for setting up company to promote defence exports ISLAMABAD: Minister for Defence Production Rana Tanveer Hussain Wednesday underlined the need for setting up a company to promote exports of the defence products in a more efficient manner."Although, regular exhibitions of defence products are held at different level, but we should create our own company, having professionals and experts, for effective marketing of the products," he said while responding to a suggestion of MNA Shehryar Afridi in a meeting of the National Assembly Standing Committee on Defence Production.The meeting was chaired by Khawaja Sohail Mansoor and attended among others by MNAs Muhammad Khan Daha, Dr Ramesh Kumar Vankwani, Chaudhry Hamid Hameed, Muhammad Moeen Wattoo, Sardar Muhammad Amjad Farooq Khan Khosa, Bhawan Das, Amra Khan, Muhammad Qasim Noon, Iffat Liaqat, Shehryar Afridi, Ayesha Gulalai, Asiya Nasir and Bilal Rehman, Besides Secretary Defence production Lt Gen (Retd) Syed Muhammad and Director General Military Vehicles Research and Development Establishment (MVRDE) Major General ...

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Over 40,000 farmer households to benefit from improved water management: WB ISLAMABAD: The World Bank has approved a $200 million creit on Tuesday to strengthen Balochistan government's initiative for community-based water management for irrigation in the province.The Balochistan Integrated Water Resources Management & Development Projectwill support investments in two of the eighteen basins in Balochistan - Nari and Porali river basins. These river basins were selected based on an assessment of surface water resources development opportunities, said a statement issued by the bank here Wednesday."Balochistan is ...

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41 dead, 239 wounded in Istanbul attack: governor ISTANBUL: A triple suicide bombing at Istanbul's international airport left 41 people dead and 239 wounded, the city governor said in a statement. The governor's office said 109 out of 239 wounded were discharged from hospital. Thirteen of the dead were foreign nationals, it added.Copyright AFP (Agence France-Presse), 2016

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Putin and Erdogan hold first phone talk since jet downing MOSCOW: Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan on Wednesday held their first phone call since Ankara downed one of Moscow's jets in Syria last year, both sides said. The two leaders spoke as they sought to mend ties over the November incident that saw Moscow slap sanctions on Ankara."The president's phone call with president Putin has just ended," a Turkish official told reporters in Ankara. "The two leaders had a ...

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RECORDER REPORT-PSX close of day KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Wednesday having 37786.57 points with a positive change of 709.94 and volume of 91,849,590 shares.High and Low were 37802.12 and 37076.63 respectively. Total volume traded in the market was 134,275,100 shares with 330 total traded companies out of which 260 were up 48 were down and 22 were unchanged. POWER GENERATION & DISTRIBUTION was the top traded sector with total traded volume of 22,740,400 shares. ...