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Archive - 2016-12-26
Internet services restored
General News

Internet services restored

ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL), Monday restored internet services which disrupted due to multiple cable cuts.
Published 26 Dec, 2016 07:46pm
KP CM to participate JCC meeting in China
General News

KP CM to participate JCC meeting in China

PESHAWAR: Khyber Pakhtunkhwa Chief Minister Pervez Khattak has said that he was going to participate in the JCC meeting in which the projects of China Pakistan Economic Corridor (CPEC) will be reviewed and new projects will also be sanctioned in the meeti
Published 26 Dec, 2016 07:32pm
CPEC to bring economic revolution in KP: JUIF leaders
General News

CPEC to bring economic revolution in KP: JUIF leaders

SWABI: Leader of Jamiatul Islam and district Ameer, Maulana Ataullah Haq Darwaish and Vice Ameer Ashfaqullah Khan said on Monday that China-Pakistan Economic Corridor Project (CPEC) would change the destiny of people of the country besides bringing econom
Published 26 Dec, 2016 07:30pm
BISP providing assistance empowering women: Marvi
General News

BISP providing assistance empowering women: Marvi

ISLAMABAD: Minister of State, Chairperson Benazir Income Support Programme (BISP) Marvi Memon Monday said BISP was providing financial assistance to women for empowering them and reducing of poverty ratio from the country.
Published 26 Dec, 2016 07:23pm
Women win new seats on Oman municipal councils
Front Top News

Women win new seats on Oman municipal councils

MUSCAT: Seven women were elected to Oman municipal councils, according to vote results released Monday by the interior ministry, a day after the Gulf sultanate held its second ever local election.
Published 26 Dec, 2016 05:00pm
Netanyahu seeks to rally Israelis around him in anti-Obama assault
World Top News

Netanyahu seeks to rally Israelis around him in anti-Obama assault

JERUSALEM: Benjamin Netanyahu has been unrelenting in his criticism of the Obama administration over what he condemned as its "shameful" decision not to veto a UN Security Council resolution calling for a halt to Israeli settlement-building.
Published 26 Dec, 2016 04:21pm
Libya's oil production at 622,000 bpd
Energy

Libya's oil production at 622,000 bpd

TRIPOLI: Libya's oil production stood at 622,000 barrels a day (bpd) on Monday, up slightly from levels recorded before an armed faction agreed to lift a two-year blockade on major western pipelines on Dec.
Published 26 Dec, 2016 04:09pm
Japan's Abe departs for visit to Pearl Harbour
Asia

Japan's Abe departs for visit to Pearl Harbour

TOKYO: Prime Minister Shinzo Abe departed Monday for Hawaii where he will visit Pearl Harbour with US President Barack Obama as the two countries highlight decades of post-World War II reconciliation.
Published 26 Dec, 2016 03:25pm
Russia mourns doctor killed in Syria-bound plane crash
Europe

Russia mourns doctor killed in Syria-bound plane crash

MOSCOW: Russia's shock over the military plane clash that killed 92 people became all the more acute when Yelizaveta Glinka, a renowned doctor and charity worker, was on the doomed flight's passenger list.
Published 26 Dec, 2016 03:20pm
China to reduce trade tariff for Pakistan
Front Top News

China to reduce trade tariff for Pakistan

KARACHI: China's Ministry of Finance (MoF) will adjust down ward tariffs on a number of exports and imports from various countries including Pakistan.
Published 26 Dec, 2016 02:06pm
Sindh Govt set to mark 9th death anniversary of Benazir Bhutto
Pakistan Top News

Sindh Govt set to mark 9th death anniversary of Benazir Bhutto

LARKANA: Provincial Minister Nisar Ahmed Khuhro has said that all arrangements have been completed to observe 9th death anniversary of former Prime Minister of Pakistan Benazir Bhutto at Garhi Khuda Bux on December 27.
Published 26 Dec, 2016 02:06pm
Afridi says he's not quitting cricket
Cricket

Afridi says he's not quitting cricket

Pakistans flamboyant all-rounder Shahid Afridi, has said that he has no plans to quit playing cricket anytime soon, and is keen to represent the country internationally.
Published 26 Dec, 2016 12:24pm
Govt should seek Interpol's help in bringing back Musharraf: Qaim
Front Top News

Govt should seek Interpol's help in bringing back Musharraf: Qaim

SUKKUR: Pakistan Peoples Party (PPP) leader and former Sindh Chief Minister Syed Qaim Ali Shah has called on the federal government to seek the help of Interpol to bring former president and military ruler Gen (retd) Pervez Musharraf back to Pakistan.
Published 26 Dec, 2016 11:00am
RECORDER REPORT: PSX close of day
Pakistan Top News

RECORDER REPORT: PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Monday having 46689.
Published 26 Dec, 2016 10:58am
WB President, finance minister discuss IWT issues
Pakistan

WB President, finance minister discuss IWT issues

ISLAMABAD: The World Bank (WB) President, Jim Yong Kim Monday made a telephonic call to the Finance Minster, Senator Ishaq Dar and discussed his December 23, letter on Indus Water Treaty (IWT).
Published 26 Dec, 2016 10:41am
Iranians show interest in PSM after China company's 'silence'
Top News

Iranians show interest in PSM after China company's 'silence'

%D%AMUSHTAQ GHUMMAN %D%A%D%AISLAMABAD: A 10-member delegation of Mobarakeh Steel Company of Iran has reached Karachi to examine possibilities of acquiring Pakistan Steel Mills (PSM) as Chinas Boa Steel Group is almost silent after showing interest in the
Published 26 Dec, 2016 09:32am
Security a top priority: Dar
Pakistan

Security a top priority: Dar

ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar said Monday that Security was the top priority of the government and it would extend all possible support to make the country's defense invincible.
Published 26 Dec, 2016 09:25am
Modi greets Nawaz on his birthday despite rocky Indo-Pak ties
Pakistan Top News

Modi greets Nawaz on his birthday despite rocky Indo-Pak ties

%D%ANEW DELHI: Indias Prime Minister Narendra Modi on Sunday greeted his Pakistani counterpart Nawaz Sharif on his birthday, notwithstanding the severe chill in relations between the two countries.
Published 26 Dec, 2016 09:23am
Azhar sets record, hits 1,000 runs in 2016
Cricket

Azhar sets record, hits 1,000 runs in 2016

Pakistans opening batsman Azhar Ali, good form with the bat continues after he remained 66 not out against the Aussies at the first Day of the second Test match at the MCG.
Published 26 Dec, 2016 08:45am
Charles Lawson Captures The True Beauty Of Ghana
Featured Photos

Charles Lawson Captures The True Beauty Of Ghana

Photo Credit : Charles Lawson%Dharles Lawson is a talented 28-year-old freelance photographer, designer and architect from Ghana, West Africas Gulf of Guinea.
Published 26 Dec, 2016 08:39am
Beautiful Kids Photography by Rasa Razaniene
Featured Photos

Beautiful Kids Photography by Rasa Razaniene

Photo Credit : Rasa Razaniene%D%ARasa Razaniene is an professional photographer based between Vilnius, Lithuania and London, UK.
Published 26 Dec, 2016 08:37am
Beautiful 35mm Photography by Aleksandra Urbanowicz
Featured Photos

Beautiful 35mm Photography by Aleksandra Urbanowicz

Photo Credit : Aleksandra Urbanowicz%Dleksandra Urbanowicz is a 25-year-old self-taught photographer from Poznan, Poland who is currently based in small town near London.
Published 26 Dec, 2016 08:32am
Stunning Nature Landscapes by Argen Elezi
Featured Photos

Stunning Nature Landscapes by Argen Elezi

Photo Credit : Argen Elezi%Drgen Elezi is a talented self taught photographer from Albania, who currently based in Toronto, Canada.
Published 26 Dec, 2016 08:22am
Wonderful Landscapes by Sus Bogaerts
Featured Photos

Wonderful Landscapes by Sus Bogaerts

Photo Credit : Sus Bogaerts%D%ASus Bogaerts is a talented Belgian photographer from Lommel, Limburg.
Published 26 Dec, 2016 08:19am
Beautiful Aerial Photography by Ryan Winterbotham
Featured Photos

Beautiful Aerial Photography by Ryan Winterbotham

Photo Credit : Ryan Winterbotham%D%ARyan Winterbotham is a talented 24-year-old self-taught photographer and freestyle BMX rider based in Farnborough, Hampshire, UK.
Published 26 Dec, 2016 08:17am
CDNS achieves Rs 104 billion by Dec 21
Top News

CDNS achieves Rs 104 billion by Dec 21

ISLAMABAD: The Central Directorate of National Savings (CDNS) achieved Rs 104 billion in last months of second quarter of current fiscal year from July 1 to December 21, 2016-17.
Published 26 Dec, 2016 07:59am
K-E seeks duty concessions on IPP pattern
Front Top News

K-E seeks duty concessions on IPP pattern

SOHAIL SARFRAZ%D%AISLAMABAD: K-Electric (company) has approached Federal Board of Revenue (FBR) seeking customs duty concessions on the same pattern as available to Independent Power Producers (IPPs) to allow all power generation projects/IPPs connecting/
Published 26 Dec, 2016 07:04am
New Zealand beat Bangladesh by 77 runs
Cricket

New Zealand beat Bangladesh by 77 runs

CHRISTCHURCH: A career high 137 by opener Tom Latham set New Zealand up for a comprehensive 77-run win over Bangladesh in their first one-day international at Hagley Oval on Monday.
Published 26 Dec, 2016 06:27am
Latham's century lifts New Zealand to 341-7
Cricket

Latham's century lifts New Zealand to 341-7

CHRISTCHURCH: A career best 137 by opener Tom Latham steered New Zealand to a substantial 341-7 against Bangladesh in the first one-day international at Hagley Oval in Christchurch on Monday.
Published 26 Dec, 2016 05:40am
Indonesia marks tsunami 12 years ago with prayers
Asia

Indonesia marks tsunami 12 years ago with prayers

BANDA ACEH: Thousands of Indonesians prayed for their loved ones at mass graves and mosques Monday to mark a tsunami which devastated Aceh province 12 years ago today, one of the worst natural disasters in human history.
Published 26 Dec, 2016 05:35am
THE RUPEE: rates slip
Currency

THE RUPEE: rates slip

An easier trend was witnessed on the money market as the rupee drifted lower against the dollar during the week, ended on December 24, 2016.
Published 26 Dec, 2016 12:00am
THE RUPEE: rates slip
Currency

THE RUPEE: rates slip

An easier trend was witnessed on the money market as the rupee drifted lower against the dollar during the week, ended on December 24, 2016.
Published 26 Dec, 2016 12:00am
All 92 on Russian jet killed in crash

All 92 on Russian jet killed in crash

A Russian military plane carrying 92 people, including dozens of Red Army Choir singers, dancers and orchestra members, crashed into the Black Sea on its way to Syria on Sunday, killing everyone on board, Russian authorities said. The Russian Defence Mini
Published 26 Dec, 2016 12:00am
All 92 on Russian jet killed in crash

All 92 on Russian jet killed in crash

A Russian military plane carrying 92 people, including dozens of Red Army Choir singers, dancers and orchestra members, crashed into the Black Sea on its way to Syria on Sunday, killing everyone on board, Russian authorities said. The Russian Defence Mini
Published 26 Dec, 2016 12:00am
Iranians arrive with a view to cutting Steel Mills deal

Iranians arrive with a view to cutting Steel Mills deal

A 10-member delegation of Mobarakeh Steel Company of Iran has reached Karachi to examine possibilities of acquiring Pakistan Steel Mills (PSM) as China's Boa Steel Group is almost "silent" after showing interest in the entity. Secretary Industries and Pro
Published 26 Dec, 2016 12:00am
Iranians arrive with a view to cutting Steel Mills deal

Iranians arrive with a view to cutting Steel Mills deal

A 10-member delegation of Mobarakeh Steel Company of Iran has reached Karachi to examine possibilities of acquiring Pakistan Steel Mills (PSM) as China's Boa Steel Group is almost "silent" after showing interest in the entity. Secretary Industries and Pro
Published 26 Dec, 2016 12:00am
Iranians arrive with a view to cutting Steel Mills deal

Iranians arrive with a view to cutting Steel Mills deal

A 10-member delegation of Mobarakeh Steel Company of Iran has reached Karachi to examine possibilities of acquiring Pakistan Steel Mills (PSM) as China''s Boa Steel Group is almost "silent" after showing interest in the entity. Secretary Industries and Pr
Published 26 Dec, 2016 12:00am
Case registered against Anwar Majeed

Case registered against Anwar Majeed

A case was registered against former President Asif Zardari's close friend Anwar Majeed and Omni Group on Sunday under the Anti- Terrorism Act. Rangers had conducted a raid on Anwar Majeed's place and his Omni Group offices and allegedly arms and ammuniti
Published 26 Dec, 2016 12:00am
Case registered against Anwar Majeed

Case registered against Anwar Majeed

A case was registered against former President Asif Zardari's close friend Anwar Majeed and Omni Group on Sunday under the Anti- Terrorism Act. Rangers had conducted a raid on Anwar Majeed's place and his Omni Group offices and allegedly arms and ammuniti
Published 26 Dec, 2016 12:00am
Mixed trend witnessed

Mixed trend witnessed

Pakistan Stock Exchange (PSX) witnessed a mixed trend during the outgoing week mainly due to foreign selling. During the week, the benchmark KSE-100 index hit all time high of 47,210 points, however failed to sustain this level and on the end of the week
Published 26 Dec, 2016 12:00am
Mixed trend witnessed

Mixed trend witnessed

Pakistan Stock Exchange (PSX) witnessed a mixed trend during the outgoing week mainly due to foreign selling. During the week, the benchmark KSE-100 index hit all time high of 47,210 points, however failed to sustain this level and on the end of the week
Published 26 Dec, 2016 12:00am
Mixed trend witnessed

Mixed trend witnessed

Pakistan Stock Exchange (PSX) witnessed a mixed trend during the outgoing week mainly due to foreign selling. During the week, the benchmark KSE-100 index hit all time high of 47,210 points, however failed to sustain this level and on the end of the week
Published 26 Dec, 2016 12:00am
Futures spread up by 96 basis points

Futures spread up by 96 basis points

The futures spread increased by 96bps to 5.41 percent during the outgoing week ended on December 23, 2016. Trading activities on the futures counter remained thin as the average daily volumes decreased by 18.6 percent to 36.85 million shares.
Published 26 Dec, 2016 12:00am
Futures spread up by 96 basis points

Futures spread up by 96 basis points

The futures spread increased by 96bps to 5.41 percent during the outgoing week ended on December 23, 2016. Trading activities on the futures counter remained thin as the average daily volumes decreased by 18.6 percent to 36.85 million shares.
Published 26 Dec, 2016 12:00am
Futures spread up by 96 basis points

Futures spread up by 96 basis points

The futures spread increased by 96bps to 5.41 percent during the outgoing week ended on December 23, 2016. Trading activities on the futures counter remained thin as the average daily volumes decreased by 18.6 percent to 36.85 million shares.
Published 26 Dec, 2016 12:00am
Futures spread up by 96 basis points

Futures spread up by 96 basis points

The futures spread increased by 96bps to 5.41 percent during the outgoing week ended on December 23, 2016. Trading activities on the futures counter remained thin as the average daily volumes decreased by 18.6 percent to 36.85 million shares.
Published 26 Dec, 2016 12:00am
Modi greets Nawaz on birthday

Modi greets Nawaz on birthday

Prime Minister Narendra Modi on Sunday greeted Prime Minister Nawaz Sharif on his birthday, notwithstanding the severe chill in relations between the two countries. "Birthday wishes to Pakistan PM Mr. Nawaz Sharif. I pray for his long and healthy life," M
Published 26 Dec, 2016 12:00am
Modi greets Nawaz on birthday

Modi greets Nawaz on birthday

Prime Minister Narendra Modi on Sunday greeted Prime Minister Nawaz Sharif on his birthday, notwithstanding the severe chill in relations between the two countries. "Birthday wishes to Pakistan PM Mr. Nawaz Sharif. I pray for his long and healthy life," M
Published 26 Dec, 2016 12:00am
Assad tells Putin he is saddened over Russian plane crash

Assad tells Putin he is saddened over Russian plane crash

Syrian President Bashar al Assad told Russia on Sunday he was saddened by the crash of a Russian military plane on its way to Syria but the countries' fight against Islamist militants would not be affected. In a condolence message sent to Russian Presiden
Published 26 Dec, 2016 12:00am
Trump says he intends to dissolve charitable foundation

Trump says he intends to dissolve charitable foundation

US President-elect Donald Trump said Saturday he intends to dissolve his controversial philanthropic foundation to avoid conflicts of interest, but the move was quickly complicated by an ongoing legal probe.
Published 26 Dec, 2016 12:00am
Deja vu for US troops celebrating Christmas in Iraq again

Deja vu for US troops celebrating Christmas in Iraq again

This is the third Christmas that Staff Sergeant Magdiel Asencio is spending in Iraq. For Sergeant First Class Noel Alvarado, it is number four. And so it is with many US troops stationed less than a hour's drive from the front line with Islamic State. Few
Published 26 Dec, 2016 12:00am
Anger in Afghanistan at female pilot's US asylum bid

Anger in Afghanistan at female pilot's US asylum bid

There was an angry reaction in Afghanistan to news that the first female fixed-wing pilot in the country's air force was requesting asylum in the United States after completing an 18-month training course.
Published 26 Dec, 2016 12:00am
Saudi Arabia soldier killed near Yemen border

Saudi Arabia soldier killed near Yemen border

A Saudi soldier was killed in a cross-border firefight with Yemeni rebels, the interior ministry said Sunday. A border post was attacked overnight by Huthi rebels, a spokesman said, adding that one soldier wounded in the exchange died before reaching hosp
Published 26 Dec, 2016 12:00am
Israel Prime Minister meets US envoy after UN settlement vote

Israel Prime Minister meets US envoy after UN settlement vote

Israeli Prime Minister Benjamin Netanyahu on Sunday met the US ambassador two days after Washington withheld its vote during a UN resolution against Israeli settlements, an official source said. The meeting between Netanyahu and Ambassador Daniel Shapiro
Published 26 Dec, 2016 12:00am
Asif directs nuclear threat at Israel!

Asif directs nuclear threat at Israel!

A fake news article led to gunfire at a Washington pizzeria three weeks ago. Now it seems that another fake news story has prompted the defence minister of Pakistan to threaten to go nuclear. The defence minister, Khawaja Muhammad Asif, wrote a saber-ratt
Published 26 Dec, 2016 12:00am
Asif directs nuclear threat at Israel!

Asif directs nuclear threat at Israel!

A fake news article led to gunfire at a Washington pizzeria three weeks ago. Now it seems that another fake news story has prompted the defence minister of Pakistan to threaten to go nuclear. The defence minister, Khawaja Muhammad Asif, wrote a saber-ratt
Published 26 Dec, 2016 12:00am
Pakistan releases 220 Indian fishermen aimed at easing tensions

Pakistan releases 220 Indian fishermen aimed at easing tensions

Pakistan released 220 Indian fishermen on Sunday as a goodwill gesture aimed at easing tensions with its neighbour, officials said. The men were arrested more than a year ago, accused of entering Pakistani waters in an area of the Arabian Sea where the bo
Published 26 Dec, 2016 12:00am
Pakistan releases 220 Indian fishermen aimed at easing tensions

Pakistan releases 220 Indian fishermen aimed at easing tensions

Pakistan released 220 Indian fishermen on Sunday as a goodwill gesture aimed at easing tensions with its neighbour, officials said. The men were arrested more than a year ago, accused of entering Pakistani waters in an area of the Arabian Sea where the bo
Published 26 Dec, 2016 12:00am
Shujaat, Zardari discuss anti-government alliance

Shujaat, Zardari discuss anti-government alliance

President PML-Q Chaudhry Shujaat Hussain Sunday met with former president and Co-Chairman of PPP Asif Ali Zardari here at Bilawal House. According to reports, they discussed anti-government and four demands of PPP Chairman, Bilawal Bhutto Zardari. They ag
Published 26 Dec, 2016 12:00am
Shujaat, Zardari discuss anti-government alliance

Shujaat, Zardari discuss anti-government alliance

President PML-Q Chaudhry Shujaat Hussain Sunday met with former president and Co-Chairman of PPP Asif Ali Zardari here at Bilawal House. According to reports, they discussed anti-government and four demands of PPP Chairman, Bilawal Bhutto Zardari. They ag
Published 26 Dec, 2016 12:00am
Zardari visits Asim

Zardari visits Asim

Co-chairman Pakistan People's Party (PPP) Asif Ali Zardari visited Jinnah Hospital Karachi where he inquired about the health of his close aide Dr. Asim Hussain, who is facing corruption cases. Prominent lawyer of PPP Farooq H Naik and Chief Minister Sind
Published 26 Dec, 2016 12:00am
Zardari visits Asim

Zardari visits Asim

Co-chairman Pakistan People's Party (PPP) Asif Ali Zardari visited Jinnah Hospital Karachi where he inquired about the health of his close aide Dr. Asim Hussain, who is facing corruption cases. Prominent lawyer of PPP Farooq H Naik and Chief Minister Sind
Published 26 Dec, 2016 12:00am
K-E seeks duty concessions on IPP pattern

K-E seeks duty concessions on IPP pattern

K-Electric (company) has approached Federal Board of Revenue (FBR) seeking customs duty concessions on the same pattern as available to Independent Power Producers (IPPs) to allow all power generation projects/IPPs connecting/supplying power to K-Electric
Published 26 Dec, 2016 12:00am
K-E seeks duty concessions on IPP pattern

K-E seeks duty concessions on IPP pattern

K-Electric (company) has approached Federal Board of Revenue (FBR) seeking customs duty concessions on the same pattern as available to Independent Power Producers (IPPs) to allow all power generation projects/IPPs connecting/supplying power to K-Electric
Published 26 Dec, 2016 12:00am
K-E seeks duty concessions on IPP pattern

K-E seeks duty concessions on IPP pattern

K-Electric (company) has approached Federal Board of Revenue (FBR) seeking customs duty concessions on the same pattern as available to Independent Power Producers (IPPs) to allow all power generation projects/IPPs connecting/supplying power to K-Electric
Published 26 Dec, 2016 12:00am
Egypt sentences two to life for attack on hotel

Egypt sentences two to life for attack on hotel

Egypt Sunday sentenced to life two men linked to the Islamic State group for plotting an attack on a Red Sea resort hotel during which three tourists were hurt, a court official said. The men armed with knives stormed the restaurant of the Bella Vista hot
Published 26 Dec, 2016 12:00am
Egypt sentences two to life for attack on hotel

Egypt sentences two to life for attack on hotel

Egypt Sunday sentenced to life two men linked to the Islamic State group for plotting an attack on a Red Sea resort hotel during which three tourists were hurt, a court official said. The men armed with knives stormed the restaurant of the Bella Vista hot
Published 26 Dec, 2016 12:00am
Imran explains criticality of CPEC for economic development

Imran explains criticality of CPEC for economic development

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Sunday said that China-Pakistan Economic Project (CPEC) project will change the fate of the future generations of Pakistan, adding that the federal government has failed to fulfil its promises with Khy
Published 26 Dec, 2016 12:00am
Shahbaz vows to provide justice to late Saqib's parents

Shahbaz vows to provide justice to late Saqib's parents

Parents of 18-year old deceased Saqib Ali, residence of Bostan Colony, Kot Lakhpat, met Punjab Chief Minister Shahbaz Sharif on Saturday. The Chief Minister expressed deep sense of sorrow and grief with the parents over murder of their young son.
Published 26 Dec, 2016 12:00am
Sindh motorway project: six foreign firms pre-qualify

Sindh motorway project: six foreign firms pre-qualify

Six international firms have pre-qualified for Hyderabad-Sukkur Motorway project at an estimated cost of Rs163 billion, which the government is undertaking on build-operate-transfer (BOT) basis, it is learnt.
Published 26 Dec, 2016 12:00am
Zardari skilfully parries question on Majeed

Zardari skilfully parries question on Majeed

"Ask the Interior Minister about it," former president Asif Ali Zardari responded when a reporter asked about the Rangers' raid on the home of his close aide Anwar Majeed in the early hours of Sunday.
Published 26 Dec, 2016 12:00am
Prices of essential food items show considerable decline

Prices of essential food items show considerable decline

The retail markets witnessed a considerable decrease in the prices of essential food commodities, including pulses, vegetables, sugar and flour, according to a survey conducted by the Business Recorder, here on Sunday.
Published 26 Dec, 2016 12:00am
Ceremony held to mark Quaid's birthday at Ziarat

Ceremony held to mark Quaid's birthday at Ziarat

A ceremony to mark the 141st birthday of founder of Pakistan Quaid-e-Azam Muhammad Ali Jinnah was held at Ziarat residency on Sunday. The ceremony was attended by Politicians, MNAs, MPAs, Senators, Speaker of Balochistan Assembly Raheela Durrani, IG FC, S
Published 26 Dec, 2016 12:00am
Dar reviews steps towards increasing direct tax collection

Dar reviews steps towards increasing direct tax collection

Federal Minister for Finance Senator Mohammad Ishaq Dar chaired a meeting here at the Finance Division to review the measures taken by the Federal Board of Revenue on increasing the direct collection of taxes.
Published 26 Dec, 2016 12:00am
Ballot for selection of cases for audit to be held next week

Ballot for selection of cases for audit to be held next week

The Federal Board of Revenue (FBR) has finalised the new Audit Policy 2016 and ballot for selection of cases for audit is expected to be carried out at the FBR House next week. Sources said that Finance Minister Muhammad Ishaq Dar is likely to attend the
Published 26 Dec, 2016 12:00am
Islam teaches lesson of harmony and tolerance: Mayor

Islam teaches lesson of harmony and tolerance: Mayor

The government is working on a plan to make the federal capital a model city of the country, said Mayor of Metropolitan Corporation and Chairman Capital Development Authority (CDA) Sheikh Ansar Aziz here on Sunday.
Published 26 Dec, 2016 12:00am
NICL CEO grilled for not following ministry's orders

NICL CEO grilled for not following ministry's orders

Irritated with continuous complaints, Commerce Minister Engineer Khurram Dastgir Khan has reportedly grilled Chief Executive Officer (CEO) National Insurance Company Limited (NICL), Capt M Jamil Akhter Khan (retired) last week for misstatement of facts an
Published 26 Dec, 2016 12:00am
Birth anniversary of Quaid-e-Azam celebrated with zeal

Birth anniversary of Quaid-e-Azam celebrated with zeal

The 140th birth anniversary of the father of the nation Muhammad Ali Jinnah was celebrated across the country amid national zest and fervour. Main event was held at the mausoleum of the founder of Pakistan whom Pakistani nation calls great leader (Quaid-e
Published 26 Dec, 2016 12:00am
Rabbani says IWT cannot be revoked unilaterally

Rabbani says IWT cannot be revoked unilaterally

Indus Water Treaty enjoys sanctity and guarantees which cannot be withdrawn lopsidedly and if it is then it will be considered as an act of war. This was stated by Chairman Senate Mian Raza Rabbani in Garhi Khuda Bux while talking to Media, here on Sunday
Published 26 Dec, 2016 12:00am
Worst form of 'badshahat' prevails in country: Siraj

Worst form of 'badshahat' prevails in country: Siraj

Chief Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, said that the worst form of Badshahat (kingship) prevailed in the country in the name of democracy and the rulers were dividing the society to fulfil the colonial agenda.
Published 26 Dec, 2016 12:00am
Pakistan's first kids' band releases maiden song on the Quaid's day

Pakistan's first kids' band releases maiden song on the Quaid's day

Pakistan's first ever children's band 'Jashn' released its maiden song 'Champion' on Sunday, which was aired by various radio and television networks. The band comprises Ibrahim 12, Maham 10, and Haadi 7. The composition is played by Ibrahim and synthesis
Published 26 Dec, 2016 12:00am
25th December has extra importance for Pakistan: Khattak

25th December has extra importance for Pakistan: Khattak

Khyber Pakhtunkhwa Governor, Iqbal Zafar Jhagra has said that the 25th of December marks the birthday of Hazrat Essa (AS), Father of the Nation Quaid-e-Azam Muhammad Ali Jinnah and Prime Minister Nawaz Sharif and it is because of this very fact, the day c
Published 26 Dec, 2016 12:00am
Israel angered by anti-settlement UN vote

Israel angered by anti-settlement UN vote

Israel summoned the ambassadors of 10 nations to Jerusalem to reprimand them on Sunday and had more harsh words for the Obama administration over a UN Security Council resolution demanding an end to settlement-building.
Published 26 Dec, 2016 12:00am
Murdered British MP's widower urges unity in 2017

Murdered British MP's widower urges unity in 2017

The widower of murdered British MP Jo Cox on Sunday urged people to heed the wake-up call of 2016 and come together in 2017 to fight extremism and terrorism. Brendan Cox in a televised speech called for people to reunite after a divisive year in Europe, t
Published 26 Dec, 2016 12:00am
Yemen president visits former al Qaeda bastion

Yemen president visits former al Qaeda bastion

Yemen's President Abedrabbo Mansour Hadi visited Mukalla on the south-east coast on Sunday, an official said, his first trip there since loyalist forces retook it from Al-Qaeda in April. Hadi and Prime Minister Ahmed bin Dagher met political and military
Published 26 Dec, 2016 12:00am
China's aircraft carrier to drill in Western Pacific

China's aircraft carrier to drill in Western Pacific

China's first aircraft carrier will carry out drills in the Western Pacific, in what the navy called part of routine exercises, amid renewed tension over self-ruled Taiwan that Beijing claims as its own. The navy said in a statement late on Saturday the L
Published 26 Dec, 2016 12:00am
Tens of thousands flee as Christmas typhoon hits Philippines

Tens of thousands flee as Christmas typhoon hits Philippines

A powerful typhoon hit the Philippines late Sunday, cutting off electricity to millions and disrupting Christmas celebrations for tens of thousands who fled its approach, officials said. Typhoon Nock-Ten made landfall in the eastern island province of Cat
Published 26 Dec, 2016 12:00am
Queen Elizabeth hails unsung heroes in Christmas message

Queen Elizabeth hails unsung heroes in Christmas message

Queen Elizabeth II will pay tribute to inspirational unsung heroes in her Christmas Day broadcast to the Commonwealth on Sunday. The 90-year-old monarch will put the focus on "ordinary people doing extraordinary things", according to the text of her annua
Published 26 Dec, 2016 12:00am
Abe and Obama to pay respects at Pearl Harbor

Abe and Obama to pay respects at Pearl Harbor

Seven months after President Barack Obama visited Hiroshima, the city where World War II all but ended, his Japanese counterpart is paying his respects at the site where the brutal conflict began.
Published 26 Dec, 2016 12:00am
Alleged Libyan hijackers appear in Malta court

Alleged Libyan hijackers appear in Malta court

The 2 men accused of using fake weapons to hijack a Libyan plane earlier this week with 117 people on board before diverting it to Malta appeared in court Sunday. Moussa Saha and Ali Ahmed Saleh pleaded not guilty in Valletta's law courts to a string of o
Published 26 Dec, 2016 12:00am
Iran rial hits fresh record low
Currency

Iran rial hits fresh record low

Iran's currency plumbed new lows against the dollar on Sunday, continuing a six-month decline that has seen the rial lose some 19 percent of its value despite the lifting of sanctions. The rial was trading at 41,300 to the dollar, down from 34,600 in June
Published 26 Dec, 2016 12:00am
Taiwan to sell T$105 billion in govt bonds in Q1 2017

Taiwan to sell T$105 billion in govt bonds in Q1 2017

Taiwan plans to sell T$105 billion ($3.27 billion) in government bonds in the first quarter of 2017, mainly to repay debt, the finance ministry said on Friday. The ministry said it would issue two-, five-, 10-, and 20-year government bonds in the January-
Published 26 Dec, 2016 12:00am
Taiwan to sell T$105 billion in govt bonds in Q1 2017

Taiwan to sell T$105 billion in govt bonds in Q1 2017

Taiwan plans to sell T$105 billion ($3.27 billion) in government bonds in the first quarter of 2017, mainly to repay debt, the finance ministry said on Friday. The ministry said it would issue two-, five-, 10-, and 20-year government bonds in the January-
Published 26 Dec, 2016 12:00am
Saudi surges on budget, Saudi Electricity leaps

Saudi surges on budget, Saudi Electricity leaps

Saudi Arabia's stock market surged in early trade on Sunday in response to the release of the 2017 state budget, which includes an increase in government spending next year to support flagging economic growth.
Published 26 Dec, 2016 12:00am
How Deutsche's big bet on Wall Street turned toxic

How Deutsche's big bet on Wall Street turned toxic

Deutsche Bank's pursuit of success on Wall Street has come at a high price, a $7 billion plus penalty illustrating the extent of its decline since 2008 when its then chief executive claimed it was one of the "strongest banks in the world".
Published 26 Dec, 2016 12:00am
Bonds firm as volumes dwindle before holiday weekend

Bonds firm as volumes dwindle before holiday weekend

US Treasury prices were firmer in thin volumes as investors prepared for the three-day Christmas holiday weekend. "We're a little stronger, the curve is a little flatter, but volume has been anemic," said Justin Lederer, an interest rate strategist at Can
Published 26 Dec, 2016 12:00am
Bonds firm as volumes dwindle before holiday weekend

Bonds firm as volumes dwindle before holiday weekend

US Treasury prices were firmer in thin volumes as investors prepared for the three-day Christmas holiday weekend. "We're a little stronger, the curve is a little flatter, but volume has been anemic," said Justin Lederer, an interest rate strategist at Can
Published 26 Dec, 2016 12:00am
Marketing software firm Yext prepares for 2017 IPO

Marketing software firm Yext prepares for 2017 IPO

Yext, a software start-up that helps businesses manage their location-based internet profiles, has hired banks to help prepare for an initial public offering that could come as early as next year, people familiar with the matter said on Friday.
Published 26 Dec, 2016 12:00am
Dollar lower into Christmas lull
Currency

Dollar lower into Christmas lull

The dollar headed into the Christmas break on Friday just over half a percent off highs hit after this month's U.S. Federal Reserve meeting, with a handful of second-tier data unlikely to disturb markets already in holiday mode.
Published 26 Dec, 2016 12:00am
Italian bond yields fall on Monte dei Paschi bailout request

Italian bond yields fall on Monte dei Paschi bailout request

Italian government bond yields fell as Monte dei Paschi said it would request aid from a newly-approved state fund to help struggling banks, after failing to win investor backing for a capital increase. Ten-year yields slipped 4 basis points (bps) to 1.81
Published 26 Dec, 2016 12:00am
Italian bond yields fall on Monte dei Paschi bailout request

Italian bond yields fall on Monte dei Paschi bailout request

Italian government bond yields fell as Monte dei Paschi said it would request aid from a newly-approved state fund to help struggling banks, after failing to win investor backing for a capital increase. Ten-year yields slipped 4 basis points (bps) to 1.81
Published 26 Dec, 2016 12:00am
Sterling stuck near one-month lows against dollar
Currency

Sterling stuck near one-month lows against dollar

Sterling traded around a one-month low against the dollar on Wednesday in thin pre-Christmas trade, kept under pressure by uncertainty over how Britain's departure from the European Union will pan out.
Published 26 Dec, 2016 12:00am
China maps out its Trump strategy

China maps out its Trump strategy

When Donald Trump becomes U.S. president next month, one issue above all others could force his new administration to work closely with China and underscore why he and Beijing need each other - North Korea. A nuclear armed North Korea, developing missiles
Published 26 Dec, 2016 12:00am
UK gilt yields fall to six-week low in thin pre-Christmas trade

UK gilt yields fall to six-week low in thin pre-Christmas trade

British government bond yields hit a 6-week low on Friday in thin trade before Christmas holidays, shrugging off stronger-than expected British growth data and instead taking their lead from signs of progress in Italy's banking troubles.
Published 26 Dec, 2016 12:00am
UK gilt yields fall to six-week low in thin pre-Christmas trade

UK gilt yields fall to six-week low in thin pre-Christmas trade

British government bond yields hit a 6-week low on Friday in thin trade before Christmas holidays, shrugging off stronger-than expected British growth data and instead taking their lead from signs of progress in Italy's banking troubles.
Published 26 Dec, 2016 12:00am
Riyadh plans to sell Aramco

Riyadh plans to sell Aramco

A Saudi financial newspaper here on Sunday retracted an article it published the previous day saying that Riyadh planned to sell a 49 percent stake in state-owned oil giant Saudi Aramco within a decade.
Published 26 Dec, 2016 12:00am
China to levy new taxes in bid to strengthen pollution fight

China to levy new taxes in bid to strengthen pollution fight

China's largely rubber-stamp parliament passed a law on Sunday that will levy specific environmental protection taxes on industry for the first time from 2018, as part of a renewed focus on fighting the country's pollution woes. Anger has risen in the wor
Published 26 Dec, 2016 12:00am
EU to exempt foreign flights from emissions scheme

EU to exempt foreign flights from emissions scheme

The European Union is set to extend the exclusion of foreign airlines from its emissions trading system to give a United Nations-brokered global deal time to come into effect, two EU sources said. The move would be welcomed by the airline industry which w
Published 26 Dec, 2016 12:00am
China needs to regulate 'money gates'

China needs to regulate 'money gates'

China needs to keep financial market liquidity stable and regulate its "money gates" to prevent asset bubbles, but it also needs to ensure a lack of liquidity doesn't cause financial stress, according to a commentary in a newspaper owned by the People's B
Published 26 Dec, 2016 12:00am
Toyota unlocks its engine technology, could sell to rivals

Toyota unlocks its engine technology, could sell to rivals

Long guarded about what was beneath the hood of its pioneering Prius cars, Toyota Motor Corp plans to open up its powertrain technology to rivals, hoping this will boost sales and speed up the industry's shift to lower-emission vehicles.
Published 26 Dec, 2016 12:00am
Misbah seeks series leveller

Misbah seeks series leveller

Skipper Misbah-ul-Haq hinted Sunday that Sohail Khan may come in to break up Pakistan's three-man left-arm pace attack in the second Boxing Day Test against Australia in Melbourne. The tourists are not expected to tinker with their batting after a heroic
Published 26 Dec, 2016 12:00am
Du Plessis looks to negate Sri Lankan spin

Du Plessis looks to negate Sri Lankan spin

South African captain Faf du Plessis said he hoped a grassy St George's Park pitch would negate Sri Lanka's spin threat in the first Test starting on Monday. "There's a little more grass on the wicket than might be normal," Du Plessis said in his pre-matc
Published 26 Dec, 2016 12:00am
Raiders lose Carr

Raiders lose Carr

Oakland's Derek Carr was among three NFL stars to suffer broken right legs Saturday while the Atlanta Falcons, Houston Texans and New York Giants booked playoff berths. On a wild day with 12 games, Green Bay set up a showdown with Detroit next weekend to
Published 26 Dec, 2016 12:00am
PCF marks Quaid's Day with cycle race event

PCF marks Quaid's Day with cycle race event

PML-N MPA Sobia Khan has called upon the youth not to confine themselves to books only rather should also take part in sports and positive activities. This, she said during prize distributing ceremony of Cycle Race held here at Peshawar Press Club on Sund
Published 26 Dec, 2016 12:00am
Christmas Day nets for desperate New Zealand

Christmas Day nets for desperate New Zealand

New Zealand set aside Christmas festivities to pack in a final training session on Sunday before their Boxing Day series opener against Bangladesh in Christchurch. After being flayed by Australia in a 3-0 series hiding earlier this month, the Kane William
Published 26 Dec, 2016 12:00am
Guardiola pleased with rejuvenated Sterling

Guardiola pleased with rejuvenated Sterling

Manchester City manager Pep Guardiola believes winger Raheem Sterling has recaptured his best form in time for the club's hectic festive programme in the Premier League.
Published 26 Dec, 2016 12:00am
FATA NBP Sports Gala begins in Bajaur Agency

FATA NBP Sports Gala begins in Bajaur Agency

To commemorate the 141st anniversary of the founder of the nation Quaid-e-Azam Muhammad Jinnah, the 5th FATA NBP Sports Gala got under way at Sports Complex of Bajaur Agency on Sunday.
Published 26 Dec, 2016 12:00am
Peshawar, Swabi dominate KP Badminton Championship

Peshawar, Swabi dominate KP Badminton Championship

Peshawar and Swabi dominated the second day of the ongoing 5th KP Badminton Championship being played here at Wadood Indoor Hall of the Qayyum Sports Complex on Sunday.
Published 26 Dec, 2016 12:00am
Man Utd upturn leaves Mourinho feeling at home

Man Utd upturn leaves Mourinho feeling at home

Manchester United manager Jose Mourinho says he has started to feel "really at home" at Old Trafford and believes foundations are in place to bring success back to the club. Mourinho endured a difficult start to life in Manchester after succeeding Louis v
Published 26 Dec, 2016 12:00am
Australia keep Maddinson in unchanged Test side

Australia keep Maddinson in unchanged Test side

Rookie batsman Nic Maddinson will be given another chance to prove himself after Australia Sunday named an unchanged team for the second Test against Pakistan in Melbourne. Maddinson's place at number six for the Boxing Day showpiece was in doubt after sc
Published 26 Dec, 2016 12:00am
Racing: Veteran hopes to be on cue

Racing: Veteran hopes to be on cue

Doughty stayer Cue Card will endeavour to show his precociously talented novice stablemate Thistlecrack there's still life in the old legs in the King George VI Chase on Monday. Cue Card has two years and many top class wins under his belt over his fellow
Published 26 Dec, 2016 12:00am
Qatari bank trio in talks for potential $44 billion merger

Qatari bank trio in talks for potential $44 billion merger

Qatari banks Masraf Al Rayan , Barwa Bank and International Bank of Qatar have begun initial talks for a potential merger, the banks said on Monday, in a deal that would create the Gulf state's second-largest bank.
Published 26 Dec, 2016 12:00am
Nike revenue beats; sees rebound in basketball category
Currency

Nike revenue beats; sees rebound in basketball category

Nike Inc, the world's largest footwear maker, reported better-than-expected quarterly revenue and profit, and indicated a rebound in its basketball category. The company's shares were up 1.7 percent at $52.67 in after-market trading on Tuesday.
Published 26 Dec, 2016 12:00am
Boeing's commercial jets unit to cut jobs in 2017

Boeing's commercial jets unit to cut jobs in 2017

Boeing Co's commercial airplanes unit said on Monday it would reduce its workforce in 2017, adding to the about 8 percent jobs the company has cut since the beginning of 2016. The company is offering a voluntary layoff program in early 2017, adding that i
Published 26 Dec, 2016 12:00am
France's Vivendi grabs over 25 percent stake in Mediaset

France's Vivendi grabs over 25 percent stake in Mediaset

French media conglomerate Vivendi announced Tuesday it had raised its stake in Mediaset to 25.75 percent from 20 percent, as part of a strategy that has been met with fierce resistance from the Italian TV company.
Published 26 Dec, 2016 12:00am
RBS near to selling $600m of shipping loans

RBS near to selling $600m of shipping loans

Royal Bank of Scotland is close to selling at least $600 million worth of shipping loans from its portfolio, two sources familiar with the matter told Reuters. RBS, which is more than 70 percent state-owned, is still in the throes of a restructuring, whic
Published 26 Dec, 2016 12:00am
Biogen names top executive Vounatsos as CEO

Biogen names top executive Vounatsos as CEO

Biogen Inc, the US drug maker focused on neurological, autoimmune and rare diseases, said on Monday it had appointed its chief commercial officer, Michel Vounatsos, as chief executive officer. The move comes as the Cambridge, Massachusetts-based company i
Published 26 Dec, 2016 12:00am
Bitter battle roils India's biggest conglomerate

Bitter battle roils India's biggest conglomerate

The acrimonious battle for control of India's storied Tata Group is set to get even dirtier as its ousted chairman launches legal action against the firm, marking the latest twist in a months-long saga sullying the 150-year-old conglomerate.
Published 26 Dec, 2016 12:00am
Facebook dials in live audio streaming option

Facebook dials in live audio streaming option

Facebook on Monday began testing a live audio streaming service that will let people essentially broadcast radio-style on the leading online social network.
Published 26 Dec, 2016 12:00am
Zuckerberg builds software butler for his home

Zuckerberg builds software butler for his home

Mark Zuckerberg's artificial intelligence-imbued software "butler" - named Jarvis - is now in service, and even plays with his family, the Facebook chief said Monday. Zuckerberg took on the personal project this year, devoting about 100 hours to making a
Published 26 Dec, 2016 12:00am
Japan's TDK to acquire US chip maker InvenSense for $1.3 billion

Japan's TDK to acquire US chip maker InvenSense for $1.3 billion

TDK Corporation and InvenSense, Inc entered into a definitive agreement on Wednesday wherein TDK agrees to acquire all of the outstanding InvenSense shares for cash at an acquisition price of USD 13.00 per InvenSense share, for a total acquisition price o
Published 26 Dec, 2016 12:00am
'Samsung Elec likely to procure phone batteries from LG Chem'

'Samsung Elec likely to procure phone batteries from LG Chem'

Samsung Electronics Co Ltd is in talks with LG Chem Ltd to make it one of its smartphone battery suppliers, the Chosun Ilbo newspaper said on Monday - a move that would diversify its supplier base after the failure of its Galaxy Note 7.
Published 26 Dec, 2016 12:00am
Uber puts brakes on self-driving cars in California

Uber puts brakes on self-driving cars in California

Uber on Wednesday said it put the brakes on self-driving cars in California because state officials yanked registration for vehicles being used for a pilot program. Uber taking its autonomous cars off San Francisco streets ended a clash between the Califo
Published 26 Dec, 2016 12:00am
Google's Waymo adds 100 Chryslers to self-driving fleet

Google's Waymo adds 100 Chryslers to self-driving fleet

Google's spin-off self-driving car division Waymo announced Monday it added 100 Chrysler Pacifica minivans to its fleet of self-driving vehicles being tested. "With this great new minivan on the road in our test markets, we'll learn how people of all ages
Published 26 Dec, 2016 12:00am
SES delivers innovative connectivity to improve, save lives

SES delivers innovative connectivity to improve, save lives

SA offers innovative solutions to meet global development goals. Internet access is the key to tackling global challenges related to health and education as well as civic and economic empowerment. SES is providing the solution with a global fleet of satel
Published 26 Dec, 2016 12:00am
Ebola vaccine may be up to 100 percent effective: WHO

Ebola vaccine may be up to 100 percent effective: WHO

A prototype vaccine for Ebola may be "up to 100 percent effective" in protecting against the deadly virus, the World Health Organization (WHO) said on Friday. If all goes well, the vaccine could become available in 2018 under a fast-track approval process
Published 26 Dec, 2016 12:00am
Pets can help owners manage mental illness

Pets can help owners manage mental illness

Pets could play an active role in the treatment of their owners' long-term mental health problems, according to authors of a small study in the United Kingdom.
Published 26 Dec, 2016 12:00am
Climate report says 2016 on pace to be hottest year yet

Climate report says 2016 on pace to be hottest year yet

A monthly global climate report by US government scientists on Monday offered more evidence that 2016 is likely to be the warmest year in modern times, as sea ice at both poles hit record lows. Climate scientists say the continued burning of fossil fuels
Published 26 Dec, 2016 12:00am
Paris climate deal can save millions of fish, livelihoods

Paris climate deal can save millions of fish, livelihoods

Many fish migrate or die when the water gets too hot, but millions could be saved if the world meets the global warming targets in the 2015 Paris accord, a study said on Thursday. Fish are an important part of the food chain and a global industry worth $1
Published 26 Dec, 2016 12:00am
President House's officials admit their mistake

President House's officials admit their mistake

President House officials on Sunday assured 11-year-old Mohammad Sabeel Haider of not broadcasting his speech. After the report was aired on television, the President House took notice and solved the matter at the earliest. Sabeel thanked media for raisin
Published 26 Dec, 2016 12:00am
'MHUs is unique gift of Shahbaz for South Punjab'

'MHUs is unique gift of Shahbaz for South Punjab'

Mobile Health Units (MHUs) have played an effective role in providing quality healthcare services to the people of remote and far flung areas of the Punjab at their door step and this is a unique gift of the Chief Minister Muhammad Shahbaz Sharif for the
Published 26 Dec, 2016 12:00am
Christian community felicitated on Christmas

Christian community felicitated on Christmas

The business Community of Southern Punjab has felicitated Christian community on the happy occasion of Christmas marking the birth anniversary of Jesus Christ with religious fervour on Sunday.
Published 26 Dec, 2016 12:00am
Bilawal visits St Patrick's Church to mark Christmas Celebrations

Bilawal visits St Patrick's Church to mark Christmas Celebrations

Christmas was celebrated in various areas of this port city with great enthusiasm and cheerful events, like other parts of the country, on Sunday. Pakistani Christian community began the day with special prayers for unity and welfare of nation and the pro
Published 26 Dec, 2016 12:00am
Christmas celebrated in KP, Fata under tight security

Christmas celebrated in KP, Fata under tight security

Amid tight security, Christian community on Sunday celebrated the Christmas festivity with religious zeal and traditional fervour across the Khyber Pakhtunkhwa and Fata. To mark the birth anniversary of Jesus Christ (AS), the special services were held in
Published 26 Dec, 2016 12:00am
Pakistan expresses grief over Russia plane crash

Pakistan expresses grief over Russia plane crash

The leadership and the people of Pakistan are deeply grieved and saddened to learn about the tragic crash of Tu-154 aircraft in the Russian Federation today, which resulted in the loss of more than ninety valuable lives, including members of the renowned
Published 26 Dec, 2016 12:00am
'Red alert' issued against polyester company for 'tax fraud'

'Red alert' issued against polyester company for 'tax fraud'

Directorate General of Intelligence and Investigation Inland Revenue (IR) has issued 'red alert' against a company engaged in manufacturing and marketing of polyester filament yarn and other polyester related products, for allegedly committing tax fraud.
Published 26 Dec, 2016 12:00am
'Red alert' issued against polyester company for 'tax fraud'

'Red alert' issued against polyester company for 'tax fraud'

Directorate General of Intelligence and Investigation Inland Revenue (IR) has issued 'red alert' against a company engaged in manufacturing and marketing of polyester filament yarn and other polyester related products, for allegedly committing tax fraud.
Published 26 Dec, 2016 12:00am
Muqam criticises Imran for 'negative' politics

Muqam criticises Imran for 'negative' politics

Adviser to Prime Minister and PML-N leader Engineer Amir Muqam has said that the PTI workers in Khyber Pakhtunkhwa looked fed up with negative politics of Imran Khan. He was addressing a public meeting in Thana area of Malakand division on Sunday. On this
Published 26 Dec, 2016 12:00am
Fazl too criticises Imran

Fazl too criticises Imran

Maulana Fazal-ur-Rehman addressed Jamiat Ulema-e-Islam (F) rally on Sunday. While reacting to Imran Khan's speech, JUI-F chief pointed out that he has ideological differences with Pakistan Tehreek-e-Insaf (PTI). "We will continue to fight this ideological
Published 26 Dec, 2016 12:00am
25th December gives message of love & equality: minister

25th December gives message of love & equality: minister

Provincial Minister for Information and Excise & Taxation Mian Mujtaba Shuja-ur-Rehman has said that December 25th is a proud symbol of happiness, joy and peace as on one side, the Christian community celebrates their holy festival of Christmas and on the
Published 26 Dec, 2016 12:00am
Major quake of magnitude 7.6 strikes Chile, tsunami warning lifted

Major quake of magnitude 7.6 strikes Chile, tsunami warning lifted

Officials removed a tsunami warning after a major 7.6 magnitude earthquake struck southern Chile on Sunday, prompting thousands to evacuate coastal areas. The U.S.-based Pacific Tsunami Warning Center said the tsunami warning was lifted after earlier issu
Published 26 Dec, 2016 12:00am
Thousands stranded at Japan airport

Thousands stranded at Japan airport

Heavy snow in northern Japan caused transport chaos over the holiday weekend, with flights and train services cancelled and thousands of passengers forced to camp out at a regional airport for three straight nights. Sapporo on Hokkaido island had up to 96
Published 26 Dec, 2016 12:00am
'2016 leaves world more awash with fear, division'

'2016 leaves world more awash with fear, division'

The leader of the world's Anglicans said 2016 had left humanity "more awash with fear and division", in his Christmas Day sermon on Sunday. Justin Welby, the Archbishop of Canterbury, said the world's values were "in the wrong place", with economic, techn
Published 26 Dec, 2016 12:00am
Obamas send final Christmas message

Obamas send final Christmas message

President Barack Obama and first lady Michelle Obama sent their final Christmas salutations from the White House on Saturday, highlighting common values uniting Americans of all faiths. "The idea that we are our brother's keeper and our sister's keeper. T
Published 26 Dec, 2016 12:00am
Tunisia security forces warn of returning jihadis

Tunisia security forces warn of returning jihadis

Tunisia's security forces called on the government on Sunday to take "exceptional measures" to combat the return of jihadists fighting for extremist groups abroad. Tunisia has seen a wave of jihadist attacks since its 2011 revolution, including on foreign
Published 26 Dec, 2016 12:00am
Rebels blamed for 'poisoning' Damascus water

Rebels blamed for 'poisoning' Damascus water

Residents of the Syrian capital were facing their third consecutive day of water shortages on Sunday, with authorities accusing "terrorist groups" of deliberately poisoning water resources. The government cut off water to Damascus on Friday after concerns
Published 26 Dec, 2016 12:00am
Omanis vote in municipal elections

Omanis vote in municipal elections

Voters in Oman headed to the polls Sunday to choose municipal councillors in only the second local election held in the Gulf sultanate. Ruled by Sultan Qaboos since 1970, Oman has made tentative steps in recent years towards reform, though political parti
Published 26 Dec, 2016 12:00am
French aid worker kidnapped in Mali

French aid worker kidnapped in Mali

A Frenchwoman who runs an organisation for malnourished children has been kidnapped in Mali's restive north, France's foreign ministry confirmed on Sunday, as French troops joined in the search for the aid worker. Sophie Petronin was abducted in the city
Published 26 Dec, 2016 12:00am
Brazil leader vows to beat crisis in 2017

Brazil leader vows to beat crisis in 2017

"We will beat this crisis," Brazil's unpopular President Michel Temer said in a Christmas broadcast on Saturday, as the country remained mired in recession and uncertainty.
Published 26 Dec, 2016 12:00am
Pope says Christmas 'hostage' to materialism

Pope says Christmas 'hostage' to materialism

Pope Francis said on Saturday that Christmas had been "taken hostage" by dazzling materialism that blinds many to the needs of the hungry, the migrants and the war weary. Francis, leading the world's 1.2 billion Roman Catholics into Christmas for the four
Published 26 Dec, 2016 12:00am
India begins building world's tallest statue

India begins building world's tallest statue

Indian Prime Minister Narendra Modi Saturday laid the foundation stone for what is set to be the world's tallest statue, as its projected multi-million-dollar cost sparked criticism and an online petition against the project. The statue of Chhatrapati Shi
Published 26 Dec, 2016 12:00am
The widening C/A deficit

The widening C/A deficit

It is very depressing that current account (C/A) deficit of the country has almost doubled during the current fiscal so far. According to the latest data released by the State Bank, country's C/A balance recorded a deficit of $2.601 billion during July-No
Published 26 Dec, 2016 12:00am
Expectations from Nawaz Sharif

Expectations from Nawaz Sharif

Prime Minister Nawaz Sharif is increasingly acting as Prime Minister of the entire country; this is matter of great satisfaction, indeed. His orders to the Planning Minister to make Karachi Circular Railway and Keti Bandar part of the China-Pakistan Econo
Published 26 Dec, 2016 12:00am
Water: a non-issue for our politicians

Water: a non-issue for our politicians

Pakistan has witnessed sporadic infrastructure development in its 69 year history with little if any focus on prioritizing either social sector projects (education/health) or approving projects on the basis of a cost-benefit analysis that would enable a s
Published 26 Dec, 2016 12:00am
Madagascar's world-class cocoa, a bitter sweet cash crop

Madagascar's world-class cocoa, a bitter sweet cash crop

A massive zebu cow lumbers out of the tropical forest in Ambanja in the north of Madagascar carrying a heavy cartful of cocoa pods destined to become some of the most expensive chocolate in the world.
Published 26 Dec, 2016 12:00am
In Turkey's heartland, Rumi's turquoise soul is alive and twirling

In Turkey's heartland, Rumi's turquoise soul is alive and twirling

The colours are stark. A strong turquoise, strips of lavender and deep reds weave flower patterns. The Arabic inscriptions fan out in gold letterings. Atop the mausoleum sits an aqua green turban, denoting the high social rank of the entombed.
Published 26 Dec, 2016 12:00am
Uzbekistan to join CPEC

Uzbekistan to join CPEC

In his meeting with deputy prime minister of Uzbekistan, prime minister Nawaz Sharif has said that he wants Uzbekistan to join China Pakistan Economic Corridor (CPEC) as early as possible. Uzbekistan, a landlocked country of central Asia, therefore, must
Published 26 Dec, 2016 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (December 19 to 23 2016).

Published 26 Dec, 2016 12:00am
The Weather

The Weather

The weather report on Sunday (December 25, 2016) and the forecast for Monday (December 26, 2016).

Published 26 Dec, 2016 12:00am