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Last update: Fri, 29 Apr 2016 02am

Pakistan Top News

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Putin hails first rocket launch from new cosmodrome after delay VOSTOCHNY: Russia launched the first rocket from its new Vostochny cosmodrome on Thursday, with President Vladimir Putin hailing the event after dressing down officials over a delay caused by a technical glitch.The launch is a major milestone for Russia's beleaguered space sector, with the new spaceport in the country's far east touted to mark a rebirth of an industry plagued by a string of embarrassments in recent years.Carrying three satellites, the Soyuz 2.1a rocket took off at 11:01 am (0201 GMT), the Roscosmos national space agency said in a statement, after the countdown was automatically halted for technical reasons 24 hours previously.National television showed the rocket taking off into a blue sky in light winds, although foreign media organisations including AFP were not allowed to enter the new space centre.Putin was present for the take-off."You know they say that the proof of the pudding is in the eating. You have ...

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Facebook, Messenger and Instagram apps hit Windows 10 SAN FRANCISCO: Fresh from reporting stellar earnings, Facebook on Thursday rolled out applications tailored to Microsoft's latest operating system for the social network as well as its Messenger and Instagram services."There are many people using Facebook, Messenger and Instagram on Windows, so today we're excited to roll out Windows 10 apps for Facebook and Messenger on desktop and Instagram on mobile," product manager Davis Fields said in a blog post at the leading social network."These ...

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Credit Suisse boss Thiam must show turnaround plan on track LONDON/ZURICH: Credit Suisse investors want answers from CEO Tidjane Thiam about his turnaround plan in the wake of $1 billion of unexpected trading writedowns at the bank, which has lost more than a third of its value since he joined 10 months ago. Thiam joined last July from Prudential, with investor hopes high that he could repeat the successful Asian expansion strategy he oversaw at the British insurer and that his modest banking experience would ...

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IMF praises Pakistan's 'sensible approach' of not seeking another package ISLAMABAD: International Monetary Fund (IMF) has described as "sensible approach" of Pakistan's view of not seeking another package at this stage after the current $ 6.7 billion three- year IMF programme ends in September this year.Pakistan will be ready to go it alone when its $ 6.7 billion three-year International Monetary Fund programme ends in September, a senior fund official was quoted by Reuters new agency as saying.Masood Ahmed, director of the IMF's Middle East ...

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PM first time inaugurates construction of three new gas projects in Hazara: SNGPL ISLAMABAD: A spokesman of Sui Northern Gas Pipeline Limited (SNGPL) Thursday clarified that Prime Minister Muhammad Nawaz Sharif for the first time inaugurated the construction of three new sui gas supply lines in Hazara Division.The spokesman said that the construction of three new lines of 12 inch dia line from Abbottabad to Mansehra, 10 inch dia line from Mansehra to Uggi and six inch dia line from Mansehra to Shankiari and Baffa have never been ...