News Archives for Latest - 2017-02-03

Life & Style

Hyundai to assemble cars in Pakistan venture with Nishat Mills

ISLAMABAD: Hyundai Motor Company plans to set up a car assembly plant in Pakistan in a joint venture with Pakistani textile giant Nishat Mills, a Nishat Mills official said on Friday.

Updated 10 May, 2018 08:08pm

Pakistan Top News

Govt committed to developing quality human resource for Knowledge economy: Ahsan Iqbal

ISLAMABAD: Federal Minister for Planning, Development and Reforms, Professor Dr.

Published 03 Feb, 2017 06:31pm

General News

Govt working to facilitate masses: Baloch

ISLAMABAD: Federal Minister for States and Frontier Regions (SAFRON), Lt Gen (Retd) Abdul Qadir Baloch said on Friday that the incumbent government was working to provide best facilities to masses.

Published 03 Feb, 2017 06:28pm

World Top News

Int'l institutions acknowledging Pak progress in every field: Fatemi

ISLAMABAD: The Special Assistant to the Prime Minister (SAPM) on Foreign Affairs, Syed Tariq Fatemi Friday said that international institutions including Wall Street Journal were acknowledging Pakistan's progress in every sector including economic and

Published 03 Feb, 2017 06:27pm

Front Top News

India worried over economic development, stability of Pakistan: Marriyum

ISLAMABAD: Minister for Information,Broadcasting and National Heritage Marriyum Aurangzeb said on Friday that Pakistan was advocate of Kashmir cause and becoming stronger economically under the leadership of Prime Minister Nawaz Sharif, which was matter o

Published 03 Feb, 2017 06:25pm

General News

Pak-Turkish relations turning into sustained economic cooperation: CM

LAHORE: Chief Minister Muhammad Shehbaz Sharif on Friday said that Pakistan-Turkish relations were turning into sustainable economic cooperation during PML-N led government.

Published 03 Feb, 2017 06:23pm

Industries & Sectors

Over 10m cotton bales reach ginneries across Pakistan

MULTAN: Seed cotton (Phutti) 1,06,34000 bales reached ginneries across Pakistan till Feb 1, 2017, registering an increase of 10.

Published 03 Feb, 2017 06:22pm

General News

Drinking water project to be extended to 31 more districts: CM

LAHORE: Chief Minister Muhammad Shehbaz Sharif said on Friday that Clean Drinking Water project had been set up in six tehsils of the South Punjab and would be extended to additional 31 districts with rapidity.

Published 03 Feb, 2017 06:21pm

World Top News

US hits Iran with fresh sanctions after missile tests

WASHINGTON: The United States slapped fresh sanctions on Iran Friday to punish Tehran for recent ballistic missile tests and its support for Yemen's Houthi rebels.

Published 03 Feb, 2017 05:58pm

North America

Trump moves to roll back financial regulation

WASHINGTON: President Donald Trump took the first step Friday to undoing key reforms enacted after the 2008 financial crisis, aiming to scale back toughened regulations on the banking industry.

Published 03 Feb, 2017 05:11pm

Industry

VW patriarch says ex-CEO knew about emissions cheating: report

FRANKFURT AM MAIN: Volkswagen's former supervisory board chief has told German investigators that ex-CEO Martin Winterkorn knew about the "dieselgate" emissions cheating scam well before the scandal broke, news weekly Der Spiegel reported Friday.

Published 03 Feb, 2017 05:10pm

World

US services sector growth moderates a bit in January

WASHINGTON: Growth in the US services sector moderated slightly in January but stayed elevated with most sectors reporting gains, the Institute for Supply Management reported Friday.

Published 03 Feb, 2017 05:09pm

Europe

EU-US ties are 'highest political priority': Tusk

VALLETTA: The EU still views transatlantic relations as having top priority, despite concerns among some leaders about the Trump administration, European Council chief Donald Tusk said Friday.

Published 03 Feb, 2017 04:41pm

General News

Pakistan has phenomenal development in ICT sector: Anusha Rahman

ISLAMABAD: Minister of State for Information Technology and Telecom Anusha Rahman on Friday said Pakistan had become a case study for international community due to its phenomenal development in ICT sector.

Published 03 Feb, 2017 04:30pm

Pakistan Top News

Dar reviews progress on various programs of ministry

ISLAMABAD: Finance Minister Senator, Muhammad Ishaq Dar chaired a meeting to review progress on various programs and activities of the ministry of finance here Friday.

Published 03 Feb, 2017 03:58pm

Sports

Tennis: Svitolina reaches Taiwan Open semi-finals

TAIPEI: Top seed Elina Svitolina of Ukraine won a tough battle against Tunisia's Ons Jabeur to reach the Taiwan Open semi-finals on Friday.

Published 03 Feb, 2017 03:56pm

General News

CM announces construction of 500 bedded Gynae Obstetrics hospital

PESHAWAR: Chief Minister Khyber Pakhtunkhwa Pervez Khattak Friday announced construction of a state-of-the-art 500 bedded full-fledged Gynae Obstetrics hospital in Peshawar to cater to the need of the increasing load of patients.

Published 03 Feb, 2017 03:55pm

Life & Style

MMA offers Waqar Zaka to settle the score with 'Junaid the Trimmer'

Pakistani TV host and media celebrity Waqar Zaka was beaten up by a group of miscreants in Karachi, recently.

Published 03 Feb, 2017 12:54pm

Front Top News

India trying to divert world attention from Kashmir atrocities: COAS

LAHORE: Chief of Army Staff General Qamar Javed Bajwa said on Friday Pakistan Army and Punjab Rangers have played an important role in minimizing internal security threats as well as effective response along the border.

Published 03 Feb, 2017 12:37pm

Africa

Angola President Dos Santos to step down after 37 years

LUANDA: Veteran Angolan President Jose Eduardo dos Santos announced Friday he will not run in August elections, signalling the end to 37 years in power and naming his defence minister as the candidate to succeed him.

Published 03 Feb, 2017 12:27pm

Asia

Crowd-pleaser Sidhu goes into bat once more in Indian polls

%D%AJALANDHAR: As a Test cricketer and the brashest commentator on Indian television, Navjot Singh Sidhu got under the skin of some of the sport's biggest names and offended millions of fans.

Published 03 Feb, 2017 12:26pm

Money & Banking

MUFG profit down on Japan negative interest policy

TOKYO: Mitsubishi UFJ Financial Group (MUFG) said Friday its nine-month net profit fell as Japan's banking sector grapples with the central bank's negative interest rate policy.

Published 03 Feb, 2017 12:25pm

Europe

Trump pressure on EU 'unacceptable': Hollande

VALLETTA: French President Francois Hollande on Friday criticised "unacceptable" pressure on the European Union from his US counterpart Donald Trump, who has predicted a break-up of the bloc.

Published 03 Feb, 2017 12:22pm

Life & Style

Watch; Nawazuddin Siddiqui endorses Pakistani brand with Ayesha Khan

Bollywood versatile actor Nawazuddin Siddiqui has endorsed a Pakistani brand Kenwood DC Inverter AC with Pakistani actress Ayesha Khan.

Published 03 Feb, 2017 12:03pm

Pakistan Top News

RECORDER REPORT-PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed lower on Wednesday having 49555.

Published 03 Feb, 2017 11:59am

Sports

Wolverine Mujtaba spreading MMA lifestyle in Pakistan

The sporting scene in Pakistan is rapidly transforming, as the youth now delves into Mixed Martial Arts (MMA) and body building rather than playing gully cricket.

Published 03 Feb, 2017 11:49am

General News

Tariq Fatemi meets US Ambassador David Hale

ISLAMABAD: Special Assistant to the Prime Minister Tariq Fatemi, in a meeting with the U.

Published 03 Feb, 2017 11:41am

Featured Photos

Stringent Face by Pia Ulin

Photo Credit: Pia Ulin%D%APia Ulin, born in 1965 in Sundsvall, Sweden, has worked as a professional photographer for more than 20 years.

Published 03 Feb, 2017 11:35am

Featured Photos

Equilibrium by Pawel Franik

Photo Credit: Pawel Franik%D%APawel Franik is a talented young photographer, filmmaker, motion designer and image maker from Knurw, Poland and was born on February 22, 1991.

Published 03 Feb, 2017 11:23am

Featured Photos

Blissin' Blue by Richard Larssen

Photo Credit: Richard Larssen%D%ARichard Larssen is a talented 40-year-old self-taught photographer based in a little town called Egersund in the southwest of Norway.

Published 03 Feb, 2017 11:12am

Technology

Murree bolstering free internet for all tourists

Punjab Information Technology Board (PITB), just installed at an approximate 192 internet hotspots in three big city of Punjab, inclusive of Lahore, Rawalpindi and Multan; but what the icing on the cake are the additional five hotspots throughout the two-

Published 03 Feb, 2017 11:08am

General News

More rain expected next 24 hours in Karachi

KARACHI: Pakistan Meteorological Department (PMD) has forecast cloudy weather with light rainfall in Karachi on Friday and Saturday.

Updated 03 Feb, 2017 10:56am

Life & Style

After SRK, Mahira Khan to share screen with Katrina Kaif, Sanjay Dutt?

Pakistani actress Mahira Khan after scorching the silver screen with Shah Rukh Khan in Raees, might be seen with Sanjay Dutt and Katrina Kaif in her next.

Published 03 Feb, 2017 10:42am

General News

Firing incident takes place in University of Karachi

KARACHI: A firing incident took place in the staff colony of University of Karachi, despite police and Rangers being deployed at each gate of the premises.

Updated 03 Feb, 2017 10:30am

Industries & Sectors

OGRA issued 21 provisional licences to set up OMCs in six months

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has issued 21 provisional licences for establishing Oil Marketing Companies (OMCs) in a period of six months from July to December 2016.

Published 03 Feb, 2017 10:30am

Featured Photos

Cherry On Top by Robert Jordan

Photo Credit: Robert Jordan%D%ARobert Jordan is a photographer based out of Columbus Ohio.

Published 03 Feb, 2017 10:29am

Featured Photos

Ample Palate by Pistol Wish

Photo Credit: Pistol Wish%D%APistol Wish is a talented photographer currently based in Los Angeles, California, U.

Published 03 Feb, 2017 10:25am

Business & Economy

Soyabean oil import reduces by 42.69pc, palm oil increases 1.73pc

ISLAMABAD: Soyabean oil import into the country during first half of current financial year reduced by 42.

Published 03 Feb, 2017 10:22am

Featured Photos

Fawning Autumn by Rasa Razaniene

Photo Credit: Rasa Razaniene%D%ARasa Razaniene is a professional photographer based between Vilnius, Lithuania and London, UK.

Published 03 Feb, 2017 10:19am

Cricket

Sangakkara considers 'genius' Wasim Akram the greatest ever

Born with an ability to tarnish any bowling attack, Sri Lankan batting great Kumar Sangakkara is regarded as one of the most complete batsman of the modern era.

Published 03 Feb, 2017 10:19am

Front Top News

Pakistan, Belarus can raise bilateral trade to $1bn by 2020

ISLAMABAD: Belarus and Pakistan have real opportunities for raising bilateral trade to $1 billion by Year-2020, Belarus President Alexander Lukashenko said.

Published 03 Feb, 2017 10:16am

Featured Photos

Candy Ice Frost by Saul Santos Diaz

Photo Credit: Saul Santos Diaz%D%ASaul Santos Diaz is a talented Spanish landscape and nature photographer, who was born in Fuencaliente de la Palma on the Canary Islands in 1979.

Published 03 Feb, 2017 10:16am

Featured Photos

Sacred Angle by Ryan Magdanz

Photo Credit: Ryan Magdanz%D%ARyan Magdanz is a talented self-taught photographer from Cloverdale, who currently lives and works in Surrey, British Columbia.

Published 03 Feb, 2017 10:12am

Business & Economy

Establishment of infrastructure finance bank proposed

ZAHEER ABBASI%D%AISLAMABAD: The cash-starved government has reportedly proposed establishment of an infrastructure finance bank in partnership with international financial institutions (IFIs) to finance mega infrastructure projects in private sector.

Published 03 Feb, 2017 10:11am

Front Top News

Prosperous Pakistan dream being realized with strong motorway network: PM

KARACHI: Prime Minister Nawaz Sharif on Friday said the government's focus on expansion of motorways network across the country had realized the dream of a developed and prosperous Pakistan.

Published 03 Feb, 2017 10:09am

Featured Photos

Parfait by Sebastian Erras

Photo Credit: Sebastian Erras%D%ASebastian Erras Documents 'The Beauty of Paris Through its Colourful Storefronts', while collaborating with a print company Pixartprinting, to realize the Paris Re-Tale, a project which tells the story of City of L

Published 03 Feb, 2017 10:08am

Asia

US stands '100pc, shoulder-to-shoulder' with Japan: Mattis

TOKYO: Defence Secretary James Mattis said Friday that the United States stands "100 percent" with Japan on a visit meant to confirm the importance of the countries' security alliance.

Published 03 Feb, 2017 10:04am

Front Top News

Travel ban on Pakistanis not under study: US embassy

%D%AISLAMABAD: The embassy of United States in Islamabad on Thursday clarified reports of upcoming travel ban on Pakistan after the recent development in which newly elected American president Donald Trump imposed travel restrictions on seven Muslim count

Published 03 Feb, 2017 09:46am

Technology

Nuclear Fusion to replace fossil fuels

Nuclear fusion is a technology based on the natural reactions constantly taking place on the surface of our Sun producing an infinite fuel source with almost zero carbon emissions, happening as two atoms of hydrogen are fused together under extreme temper

Published 03 Feb, 2017 09:45am

Miscellaneous

Tragedy of commons

Pakistanis tend to find strange solutions to collective problems.

Published 03 Feb, 2017 09:01am

Miscellaneous

Property tax: An illogical outcome

Rising urbanization in Punjab, has led to a large influx of people to Lahore from other parts of the province.

Published 03 Feb, 2017 08:50am

Miscellaneous

Colgate Palmolive on steady growth

Colgate Palmolive (Pakistan) Limited (PSX: COLG) is a multinational company operating in consumer goods segments: Oral care, personal care, fabric care, and surface care.

Published 03 Feb, 2017 08:48am

Cricket

Pietersen in trouble after controversial comment

SYDNEY: Former England captain Kevin Pietersen has been charged with a code of conduct breach in Australia's Twenty20 Big Bash League and fined, Cricket Australia said on Friday.

Published 03 Feb, 2017 08:16am

Commodities

Gold shines in 2016 on keen investment demand: WGC

LONDON: Demand for gold rose in 2016 to a three-year high, aided by keen investment appetite for the precious metal, the World Gold Council said Friday in a report.

Published 03 Feb, 2017 08:08am

Front Top News

North Korea nuclear attack would trigger 'overwhelming response': Mattis

TOKYO: Any nuclear attack by North Korea would trigger an "effective and overwhelming" response, US Defence Secretary James Mattis said Friday as he sought to reassure Asian allies rattled by President Donald Trump's isolationist rhetoric.

Published 03 Feb, 2017 08:08am

Life & Style

After 'Fifty Shades Darker' Jamie Dornan hints to be the next James Bond

Jamie Dornan will soon reprise his role as Christian Grey in an upcoming erotic thriller 'Fifty Shades Darker'.

Published 03 Feb, 2017 08:03am

Asia

Prosecutors in standoff at South Korea president's office

SEOUL: South Korean prosecutors investigating a massive corruption scandal engulfing impeached President Park Geun-Hye attempted to raid the presidential Blue House on Friday, sparking a stand-off with security guards.

Published 03 Feb, 2017 08:02am

North America

New Israeli settlements 'may not be helpful': White House

WASHINGTON: The White House said Thursday that building new Israeli settlements or expanding existing ones "may not be helpful" in securing Middle East peace.

Published 03 Feb, 2017 08:01am

Industry

Apple to build iPhone in India this year

NEW DELHI: Apple is to start making iPhones in India this year, a local government official said Friday, as the firm looks to tap a booming middle class as sales in China slow.

Published 03 Feb, 2017 07:53am

Financial

Tokyo stocks end tough week with minor gain

TOKYO: Tokyo shares ended flat Friday, with early losses erased by a retreat in the yen while investors were also looking ahead to the release of key US jobs data later in the day.

Published 03 Feb, 2017 07:52am

Front Top News

RECORDER REPORT-PSX mid day update

KARACHI: On Friday, until mid day, KSE-100 Index was at 49624.

Published 03 Feb, 2017 07:48am

Front Top News

Amid Beijing's 'Silk Road' splurge, Chinese firms eye Pakistan

KARACHI: Chinese companies are in talks to snap up more businesses and land in Pakistan after sealing two major deals in recent months, a sign of deepening ties after Beijing vowed to plough $57 billion into a new trade route across the South Asian nation

Published 03 Feb, 2017 07:42am

Front Top News

PM inaugurates Khi-Hyd M9 motorway

KARACHI: Prime Minister Nawaz Sharif arrived in Karachi on Friday to inaugurate the completed section of the Karachi-Hyderabad M9 motorway project.

Published 03 Feb, 2017 07:03am

Life & Style

Johnny Depp's extravagant lifestyle nearing him to bankruptcy

'Pirates of the Caribbean' actor Johnny Depp reportedly spends $2M a month which has now become a big problem for the actor as he is heading towards bankruptcy.

Published 03 Feb, 2017 06:56am