12062016Tue
Last update: Tue, 06 Dec 2016 07am

Top News

Top News - Pakistan Top News

SBP refuses to disclose NBP loans details    NAVEED BUTT ISLAMABAD: State Bank of Pakistan (SBP) has refused to provide details about the persons/companies who/which obtained loans of Rs 5 million or more from National Bank of Pakistan (NBP) during the last five years. Finance Secretary Dr Waqar Masood Khan on Friday, while reading a letter submitted by the SBP to his ministry, told the Senate Standing Committee on Rules of Procedure and Privileges: "The SBP is legally bound and responsible for not providing information about details of persons/companies who/which have obtained loans. In its written reply, dated September 2, 2016, the SBP stated that such information is protected Under Section 33-A of the Banking Companies Ordinance, 1962 and Section of the Protection of Economic Reforms Act, 1992." The committee met with Senator Dr Jehanzeb Jamaldini in the chair at the Parliament House on Friday. Discussing the "breach" of privilege of the Senate by the Finance Ministry and National Bank of Pakistan for not giving a proper answer to a question of Senator Chaudhry ...

Top News - World Top News

Duterte says felt rapport with Trump, assures US-Philippines ties intact MANILA/WASHINGTON: Philippines leader Rodrigo Duterte described as "encouraging" his phone call with U.S. President-elect Donald Trump on Friday, during which he felt a rapport between them and gave assurance that ties were intact, despite a period of rocky relations.Trump's seven-minute chat with the firebrand Philippine president follows months of uncertainty about one of Washington's most important Asian alliances, stoked by Duterte's hostility towards President Barack Obama and repeated threats to sever decades-old defence ties.Duterte's anger was unleashed following Obama's concerns about possible ...

Top News - Front Top News

Thai police arrest suspect in Baldia factory fire that killed 255 BANGKOK: A Pakistani man suspected of starting a devastating factory fire in Karachi four years ago that killed 255 people has been arrested in Bangkok, Thai police said Saturday.Abdul Rehman, 46, was detained at a hotel in the red light district Nana area of the capital on Friday evening, said Thailand's Interpol chief. "Thai Interpol tracked this suspect following an arrest warrant sought by the Pakistani authorities," Major General Apichart Suriboonya told AFP."He will be repatriated as soon as Pakistan is ready," ...

Top News - World Top News

Beijing dismisses Trump-Taiwan call as ploy by Taipei      BEIJING: A call between US President-elect Donald Trump and Taiwanese leader Tsai Ing-wen was a "ploy by the Taiwan side that simply cannot change... the One China framework", Beijing's Foreign Minister Wang Yi told Hong Kong's Phoenix TV on Saturday."I do not think it will change the one-China policy that the US government has insisted on applying over the years," Wang was quoted as saying after Trump broke with decades of cautious US diplomacy to speak with the Taiwanese president."The One China ...

Top News - Pakistan Top News

Rs105.01 mn compensatory amount for LoC affectees approved by govt of Pakistan MIRPUR: The government of Pakistan has approved Rs 105.01 million as compensatory relief for the martyrs, injured, disabled persons and other affectees of Indian firing along the Line of Control (LoC) and this amount has been transferred to AJK government, it was officially declared.According to details, Prime Minister Muhammad Nawaz Sharif accorded formal approval of the Rs 105.01 million as compensation including Rs 39 million meant for 39 martyrs, 25.6 million for 129 seriously injured/disabled persons, Rs 36.5 million for 73 partially ...