01162017Mon
Last update: Mon, 16 Jan 2017 05pm

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PM advises opponents not to hamper way of economic development NAROWAL: Prime Minister Muhammad Nawaz Sharif Thursday called upon his political opponents to stop telling lies on daily basis, and not to hinder the way of country's economic development."Some politicians tell lies on daily basis. There is no break for them..., they hurl dirty accusations, which have no basis and truth. This nation is progressing. Don't hinder the way of this development," he said while speaking at the launching ceremony of PM's National Health Programme here.The prime minister said owing to his government's prudent policies over the last three and half years, the backbone of terrorists had been broken, electricity loadshedding had been curtailed to a large extent and Pakistan had been put on the course of development.With inflation on the downward trend, stock market included in the world's best performing stock markets, Pakistan's economy was expected to grow at around 5.5 % during this fiscal year (2016-17), he added.The ...

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PTI fails to prove four allegations against Prime Minister: Talal ISLAMABAD: Pakistan Muslim League-Nawaz leader Muhammad Talal Chaudhry on Thursday said that Pakistan Tehreek-e- Insaf failed againto prove allegations of money laundering, corruption, tax evasion and hiding assets levelled against Prime Minister Muhammad Nawaz Sharif and family.Talking to media persons outside the Supreme Court after Panama case hearing, he said that it has been proved that Prime Minister has no link with the above mentioned allegations as his name was not included in the Panama ...

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RECORDER REPORT-PSX close of day KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Thursday having 49517.02 points with a positive change of 145.42 and volume of 200,544,050 shares.High and Low were 49804.55 and 49371.60 respectively. Total volume traded in the market was 563,160,750 shares with 424 total traded companies out of which 211 were up 196 were down and 17 were unchanged. INV. BANKS / INV. COS. / SECURITIES COS. was the top traded sector with total traded ...

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Pakistan, Kyrgyzstan can jointly achieve CAREC's development goals: PM ISLAMABAD: Prime Minister Nawaz Sharif on Thursday said Pakistan and Kyrgyzstan being members of Central Asia Regional Economic Cooperation (CAREC) can jointly achieve the goals in areas including transport, energy, and trade policy to alleviate poverty in the region.Talking to Kojoshev Arzybek Orozbekovich, Minister of Economy of the Kyrgyz Republic here at the PM House, the Prime Minister said promotion of regional connectivity is one of the seven pillars of the government's development strategy.The Prime ...

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PM welcomes proposal of ferry service between Karachi, Muscat ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Thursday welcomed the proposal to start a ferry service between Karachi, Gwadar and Oman's capital Muscat."This initiative will start a new chapter of friendship between both countries," the Prime Minister said in a meeting with Dr. Yahya Mahfoodh Salim Al-Manthri, President of State Council of Oman here at the PM House.The prime minister said the ferry service would provide an affordable alternative source of movement for a large ...