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Archive - 2017-02-26
BMW may build electric Mini in Germany instead of Britain
Life & Style

BMW may build electric Mini in Germany instead of Britain

FRANKFURT: Luxury carmaker BMW is considering moving planned production of an electric version of its Mini compact car to Germany from Britain in response to plans by London to leave the EU single market, the Handelsblatt daily newspaper reported.
Updated 09 May, 2018 10:01pm
PSL II: Karachi Kings qualify for playoffs
Front Top News

PSL II: Karachi Kings qualify for playoffs

DUBAI: Karachi qualifies for the playoffs after beating Islamabad United by six wickets in the 20th match of Pakistan Super League 2.
Published 26 Feb, 2017 08:43pm
Soccer-Messi strikes late again to sink Atletico
Football

Soccer-Messi strikes late again to sink Atletico

MADRID: Lionel Messi came to Barcelona's rescue for the second time in a week by snatching a late winner to give his side a barely deserved 2-1 win at Atletico Madrid on Sunday which provisionally took the champions top of La Liga.
Published 26 Feb, 2017 07:57pm
'I'm a clean athlete' insists Mo Farah
Sports

'I'm a clean athlete' insists Mo Farah

LONDON: Britain's four-time Olympic champion Mo Farah on Sunday insisted he was "a clean athlete" after a leaked United States Anti-Doping Agency report suggested that his coach had "almost certainly" broken anti-doping rules.
Published 26 Feb, 2017 07:20pm
China to boost gold output to 500 tonnes by 2020
World Top News

China to boost gold output to 500 tonnes by 2020

BEIJING: China will increase its annual gold output to 500 tonnes by 2020 from around 450 tonnes currently, according to the Ministry of Industry and Information Technology (MIIT).
Published 26 Feb, 2017 07:14pm
Yes, Le Pen could win in France
Europe

Yes, Le Pen could win in France

PARIS: With the polls narrowing and one of her main rivals embroiled in an expenses scandal, far-right leader Marine Le Pen could feasibly become French president in May, senior politicians and commentators say.
Published 26 Feb, 2017 01:30pm
Refugees make up bulk of crossings from US to Canada: UNHCR
Europe

Refugees make up bulk of crossings from US to Canada: UNHCR

MONTREAL: Most of the hundreds of people streaming over the US border into Canada in recent weeks are asylum-seekers, coming from Syria, Yemen, Turkey or Sudan, according to the United Nations' refugee point man in the country.
Published 26 Feb, 2017 01:25pm
Ex-Obama cabinet member wins US Democratic leader post
North America

Ex-Obama cabinet member wins US Democratic leader post

WASHINGTON: Democrats chose Tom Perez, a former Barack Obama cabinet member, as their new leader Saturday, tapping an establishment candidate to lead the fight against US President Donald Trump and claw back the ground lost to Republicans in Congress.
Published 26 Feb, 2017 01:15pm
One dead, two injured in Germany car attack
Europe

One dead, two injured in Germany car attack

FRANKFURT AM MAIN: One person was killed and two injured Saturday when a man rammed a car into pedestrians in the southern German city of Heidelberg, said police, adding that it did not appear to be a terror attack.
Published 26 Feb, 2017 01:01pm
Iran's Ahmadinejad writes open letter to Trump
Middle East

Iran's Ahmadinejad writes open letter to Trump

TEHRAN: Iran's ex-president Mahmud Ahmadinejad published Sunday an open letter to Donald Trump, welcoming his criticism of the US political system but taking issue with his visa ban and attitude to women.
Published 26 Feb, 2017 11:05am
Dar for effective utilization of foreign funds
Pakistan

Dar for effective utilization of foreign funds

ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar has said that effective utilization of foreign funds was extremely important to ensure achievement of the objective of accelerated economic development.
Published 26 Feb, 2017 10:18am
Iran's Rouhani to run for second term: vice-president
World Top News

Iran's Rouhani to run for second term: vice-president

TEHRAN: Iran's President Hassan Rouhani has decided to run for re-election in May, the vice-president for parliamentary affairs said on Sunday, according to state news agency IRNA.
Published 26 Feb, 2017 09:25am
Pacquiao to fight Britain's Khan in April
Sports

Pacquiao to fight Britain's Khan in April

MANILA: Philippine boxing hero Manny Pacquiao and British fighter Amir Khan confirmed separately on Sunday that they would face each other on April 23 after weeks of conflicting reports.
Published 26 Feb, 2017 07:13am
Trump to skip correspondents' dinner as media row heats up
Front Top News

Trump to skip correspondents' dinner as media row heats up

WASHINGTON: President Donald Trump ratcheted up an increasingly hostile feud with the media Saturday, announcing he will skip a century-old annual correspondents' dinner a day after an fierce row erupted over press access to the White House.
Published 26 Feb, 2017 06:19am
Brazil faces almost lost decade due to crisis: economists

Brazil faces almost lost decade due to crisis: economists

Brazil is likely to suffer nearly a lost decade of economic development with living standards not returning to pre-crisis levels until around 2022, economists said on Friday. Brazil's slow recovery from its worst-ever recession means it will be another fi
Published 26 Feb, 2017 12:00am
Volume of business rises on cotton market
Cotton

Volume of business rises on cotton market

The volume of business improved on the cotton market on Saturday amid short supply of fine quality, dealers said. The official spot rate was unchanged at Rs 6650, they said. In Sindh, seed cotton prices were at Rs 3300-3400, in Punjab prices were at Rs 33
Published 26 Feb, 2017 12:00am
Indian rice prices fall as export demand wanes; Vietnam's rise

Indian rice prices fall as export demand wanes; Vietnam's rise

Indian rice prices fell as overseas demand waned while prices in Vietnam rose with some traders speeding up purchases to complete their signed February export orders amid thin supplies. India's 5-percent broken parboiled rice prices edged down by $3 per t
Published 26 Feb, 2017 12:00am
Chinese iron ore futures fall from record high

Chinese iron ore futures fall from record high

Iron ore futures in China fell more than 2 percent on Thursday, sliding further from a record high reached on Tuesday, amid doubts on the strength of the rally in the steelmaking raw material given plentiful stocks at Chinese ports. Inventories of importe
Published 26 Feb, 2017 12:00am
Brazilian coffee roasters change blends as robustas wane

Brazilian coffee roasters change blends as robustas wane

Brazilian coffee roasters are changing their production blends, using a larger share of arabica beans due to the scarcity of robustas, the head of local roasters association Abic, Nathan Herszkowicz, said on Wednesday. Different from top ground roasted br
Published 26 Feb, 2017 12:00am
CBOT wheat futures lower on technical selling

CBOT wheat futures lower on technical selling

Wheat futures on the Chicago Board of Trade fell on Thursday on technical selling and plentiful old-crop US and global supplies, traders said. CBOT March wheat settled down 3-1/4 cents at $4.38 per bushel. K.C. March hard red winter wheat ended unchanged
Published 26 Feb, 2017 12:00am
Argentina sees record wheat crop

Argentina sees record wheat crop

Argentina will likely harvest a record-large 18.3 million tonnes of wheat from the 2016/17 crop, 11 to 11.5 million tonnes of which could be exported, Agriculture Minister Ricardo Buryaile said on Thursday. Buryaile said earlier this month the crop would
Published 26 Feb, 2017 12:00am
Bangladesh tea prices rise

Bangladesh tea prices rise

Tea prices in Bangladesh rose at the weekly auction, snapping a two-week run of declines, on strong demand for quality leaf amid tight supplies. Bangladesh tea fetched an average of 136.38 taka ($2.50) per kg at the auction, compared with 134.67 taka in t
Published 26 Feb, 2017 12:00am
Canadian exporters sell pulse to India

Canadian exporters sell pulse to India

Canadian exporters are slowing sales of peas and lentils to India, threatening C$1.1 billion ($762.95 million) in annual trade of the food staples, over risk that New Delhi may reject shipments under its tougher approach to pest control. India requires sh
Published 26 Feb, 2017 12:00am
Euronext wheat futures close flat

Euronext wheat futures close flat

Euronext wheat futures closed flat on Thursday as official US sowing estimates were largely in line with expectations and US wheat futures were subdued. Benchmark May milling wheat on the Paris-based Euronext exchange settled unchanged on the day at 175.0
Published 26 Feb, 2017 12:00am
China's coal imports from North Korea ease on new UN sanctions

China's coal imports from North Korea ease on new UN sanctions

China's coal imports from North Korea eased last month after new UN Security Council sanctions curbing the isolated country's sales abroad came into effect, while Russia, Mongolia, Australia and Indonesia raised shipments, data showed on Friday. January i
Published 26 Feb, 2017 12:00am
Vietnamese coffee prices widen, Indonesia's stable

Vietnamese coffee prices widen, Indonesia's stable

Coffee prices in Vietnam widened on Thursday, with bids and offers far apart, while Indonesia was stable despite Brazil's sudden reversal of a decree marking the first time the world's largest producer would buy green coffee abroad. Coffee prices in Dakla
Published 26 Feb, 2017 12:00am
Soyameal down on European feeds market

Soyameal down on European feeds market

Soyameal on the European meals and feeds market continued to ease on the outlook for a huge South American soyabean crop. A larger than expected US soyabean planting forecast also weighed. "The market sees mostly bearish news lately and that pressures pri
Published 26 Feb, 2017 12:00am
European gasoline cracks rise

European gasoline cracks rise

Gasoline refining margins in northwest Europe rose on Thursday after inventories on both sides of the Atlantic fell, indicating a glut that has closed the transatlantic arbitrage from Europe is beginning to ease. Gasoline stocks in independently held stor
Published 26 Feb, 2017 12:00am
Ivory Coast sells 350,000 tonnes of cocoa on excess output

Ivory Coast sells 350,000 tonnes of cocoa on excess output

Ivory Coast sold at auction around 350,000 tonnes of cocoa from defaulted contracts and excess production, the agriculture minister said on Wednesday, adding support for exporters related to the sales was covered by the country's reserve fund. A wave of d
Published 26 Feb, 2017 12:00am
CBOT soyabeans futures slide

CBOT soyabeans futures slide

Chicago Board of Trade soyabean futures fell on Thursday for a fifth straight session, with the spot March contract hitting a six-week low on expectations of a big South American soya harvest and an expansion in US plantings, traders said. CBOT March soya
Published 26 Feb, 2017 12:00am
Canadian canola futures fall

Canadian canola futures fall

ICE Canadian canola futures fell on Thursday for the fourth time in five sessions and touched a two-week low, pressured by technical selling and vegetable oil weakness. The May contract traded below the 50- and 100-day moving averages, triggering technica
Published 26 Feb, 2017 12:00am
CBOT corn futures fall two-week low

CBOT corn futures fall two-week low

Corn futures on the Chicago Board of Trade fell to a two-week low on Thursday, pressed by chart-based selling and spillover weakness from soyabeans, traders said. CBOT March corn settled down 5-1/2 cents at $3.65-1/2 per bushel after falling through suppo
Published 26 Feb, 2017 12:00am
Freight rates for large capesize dry cargo to hit multi-week highs

Freight rates for large capesize dry cargo to hit multi-week highs

Freight rates for large capesize dry cargo vessels on key Asian routes, which hit multi-week highs on Wednesday, are set to continue to climb next week on buoyant iron ore cargo volumes, brokers said. More than 30 capesize fixtures were reported in the we
Published 26 Feb, 2017 12:00am
UK-based banks should brace for moving some units to EU: Bundesbank

UK-based banks should brace for moving some units to EU: Bundesbank

Banks based in Britain will probably have to move some operations to the European Union to preserve market access after Britain leaves the EU, because any replacement for the current setup will be imperfect and risky, Bundesbank board member Andreas Dombr
Published 26 Feb, 2017 12:00am
Turkey's sovereign fund seeing strong global interest
Currency

Turkey's sovereign fund seeing strong global interest

Turkey's new sovereign wealth fund is attracting "serious" global interest, particularly from investment banks, and it plans to sign a memorandum of understanding with three other sovereign funds, its head said. Mehmet Bostan told Reuters in an interview
Published 26 Feb, 2017 12:00am
Turkey's sovereign fund seeing strong global interest
Currency

Turkey's sovereign fund seeing strong global interest

Turkey's new sovereign wealth fund is attracting "serious" global interest, particularly from investment banks, and it plans to sign a memorandum of understanding with three other sovereign funds, its head said. Mehmet Bostan told Reuters in an interview
Published 26 Feb, 2017 12:00am
Norwegian Air to offer US-Europe fares starting at $65 one way

Norwegian Air to offer US-Europe fares starting at $65 one way

Norwegian Air Shuttle ASA plans to offer transatlantic flights on 10 new routes between the United States and Europe with tickets starting at $65 one way, putting pressure on US and European rivals to compete, it said on Thursday.
Published 26 Feb, 2017 12:00am
German construction sector achieves strongest revenues since 2000

German construction sector achieves strongest revenues since 2000

The German construction sector achieved its highest revenues since 2000 last year and new orders were at their strongest level since 1996, data showed on Friday, in a further sign of the strength of this sector of Europe's largest economy. Low interest ra
Published 26 Feb, 2017 12:00am
Argentina economy picks up

Argentina economy picks up

Argentina's economic activity rose 1.6 percent in December compared with the previous month, government data showed on Friday, a sign the economy likely expanded in the fourth quarter after a long recession. Median expectations in a Reuters poll were for
Published 26 Feb, 2017 12:00am
BoE proposes changes to ease capital burden for smaller banks

BoE proposes changes to ease capital burden for smaller banks

The Bank of England proposed on Friday to allow new banks to hold less capital from next January to help them win more market share from the "Big Four" lenders that dominate high streets. The BoE's Prudential Regulation Authority (PRA) published proposals
Published 26 Feb, 2017 12:00am
Bangladesh aims to raise trade volume to $5 billion/year with Canada

Bangladesh aims to raise trade volume to $5 billion/year with Canada

Bangladesh aims to raise its annual bilateral trade with Canada to $5.0 billion by 2022 from the current $2.0 billion, a senior government official said on Saturday. Bangladesh is the second-largest importer of Canadian food grains and other agricultural
Published 26 Feb, 2017 12:00am
Saudi king eyes investment, skills on rare Asia tour

Saudi king eyes investment, skills on rare Asia tour

Saudi Arabia's King Salman begins on Sunday a three-week Asian tour likely to seek investment and technical expertise as the world's biggest oil exporter looks to diversify its economy. Almost 50 years since the last trip by a Saudi monarch to Japan and I
Published 26 Feb, 2017 12:00am
Rising Canadian home price makes new regulations more likely

Rising Canadian home price makes new regulations more likely

Low borrowing costs and hot demand in key urban centers will keep pushing Canadian house prices higher this year, a Reuters poll showed, pressuring policymakers to take further steps to rein in a market that more experts are calling a bubble.
Published 26 Feb, 2017 12:00am
Message from Governor Sindh

Message from Governor Sindh

I am pleased to note that a robust and comprehensive programme as ABILITIES EXPO 2017 is being organized by the Special Education Department, Government of Sindh for the welfare and progression of Special Children to portray and showcase their development
Published 26 Feb, 2017 12:00am
Message from Chief Minister Sindh

Message from Chief Minister Sindh

I feel contended that today we have traversed a long way in achieving the objective of an inclusive society. Not only are we celebrating the ABILITIES EXPO 2017 as a showcase event to mark our societal development. By this event we resolve with firm and r
Published 26 Feb, 2017 12:00am
Message from Chief Secretary Sindh

Message from Chief Secretary Sindh

In an attempt to move the lines of disable people towards mainstream society, the Special Education Department has chalked out an event ABILITIES EXPO 2017 with a view to provide a platform for special children to display their talent and knowledge. It is
Published 26 Feb, 2017 12:00am
Message from Secretary, Special Education Dept. Government of Sindh

Message from Secretary, Special Education Dept. Government of Sindh

The official launch of ABILITIES EXPO 2017 is a big leap for the Department as never had such an event been organized at the national level or provincial level. My gratitude goes to Honorable Chief Minister Sindh, Mr. Murad Ali Shah who not only supported
Published 26 Feb, 2017 12:00am
Paradigm of Special Education in Sindh

Paradigm of Special Education in Sindh

Special Education is not only about transmitting information; it also encompasses in it other things, such as proper caring, motivation for learning and confidence to the children, who because of myriad reasons are unable to pursue normal education. Keepi
Published 26 Feb, 2017 12:00am
Taking DIS out of DISABILITY

Taking DIS out of DISABILITY

The idea of an Abilities Expo came from the need to create a stronger, more effective platform for the largely marginalized disabled community of Pakistan. This annual event will be used to publicly voice and share their concerns, showcase their abilities
Published 26 Feb, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (February 25, 2017).

Published 26 Feb, 2017 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

KARACHI: Steadier trend persisted on the money market on Saturday as the rupee sustained it's present levels against the dollar in the process of trading, dealers said. The rupee was unchanged in relation to the dollar for buying and selling at Rs 107.00
Published 26 Feb, 2017 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

KARACHI: Steadier trend persisted on the money market on Saturday as the rupee sustained it's present levels against the dollar in the process of trading, dealers said. The rupee was unchanged in relation to the dollar for buying and selling at Rs 107.00
Published 26 Feb, 2017 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 25, 2017).

Published 26 Feb, 2017 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (February 25, 2017).

Published 26 Feb, 2017 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (February 25, 2017).

Published 26 Feb, 2017 12:00am
Hides and skins rates

Hides and skins rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (February 25, 2017).

Published 26 Feb, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (February 25, 2017)

Published 26 Feb, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (February 25, 2017).

Published 26 Feb, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (February 25, 2017).

Published 26 Feb, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (February 25, 2017).

Published 26 Feb, 2017 12:00am
The Weather

The Weather

The weather report on Saturday (February 25, 2017) and the forecast for Sunday (February 26, 2017).

Published 26 Feb, 2017 12:00am
General Raheel asked me to end sit-in: Imran

General Raheel asked me to end sit-in: Imran

Pakistan Tehreek-e-Insaf Chairman Imran Khan Saturday said that during 2014 sit-in, then Army Chief General Raheel Sharif (now retired) had a meeting with him and asked him to end the sit-in. In an interview with the host of Aaj News talk show 'Rub
Published 26 Feb, 2017 12:00am
General Raheel asked me to end sit-in: Imran

General Raheel asked me to end sit-in: Imran

Pakistan Tehreek-e-Insaf Chairman Imran Khan Saturday said that during 2014 sit-in, then Army Chief General Raheel Sharif (now retired) had a meeting with him and asked him to end the sit-in. In an interview with the host of Aaj News talk show ''Ru
Published 26 Feb, 2017 12:00am
Divided Democrats vote for new leader in Trump era

Divided Democrats vote for new leader in Trump era

Democrats began voting to pick a new leader Saturday to challenge Republican President Donald Trump as their party struggles to move on from its bitter election defeat last year.With opposition Democrats preparing for crucial 2018 midterm elections and th
Published 26 Feb, 2017 12:00am
Divided Democrats vote for new leader in Trump era

Divided Democrats vote for new leader in Trump era

Democrats began voting to pick a new leader Saturday to challenge Republican President Donald Trump as their party struggles to move on from its bitter election defeat last year.With opposition Democrats preparing for crucial 2018 midterm elections and th
Published 26 Feb, 2017 12:00am
Zulfiqar Ali of Hamid Khan group elected LHCBA President

Zulfiqar Ali of Hamid Khan group elected LHCBA President

Chaudhry Zulfiqar Ali of Hamid Khan-led Professional group has been elected President of Lahore High Court Bar Association by defeating his main rival Ramzan Sohal Chaudhry of Asma Jahangir-led Independent group. Ch Zulfiqar Ali secured 3365 votes while C
Published 26 Feb, 2017 12:00am
Outcry as White House bars top US media from briefing

Outcry as White House bars top US media from briefing

Major US media outlets condemned as "unacceptable" and an "insult to democratic ideals" a decision by President Donald Trump's White House to bar several organisations, including CNN and The New York Times, from a daily press briefing. In an escalation in
Published 26 Feb, 2017 12:00am
Outcry as White House bars top US media from briefing

Outcry as White House bars top US media from briefing

Major US media outlets condemned as "unacceptable" and an "insult to democratic ideals" a decision by President Donald Trump''s White House to bar several organisations, including CNN and The New York Times, from a daily press briefing. In an escalation i
Published 26 Feb, 2017 12:00am
Son of boxer Muhammad Ali detained

Son of boxer Muhammad Ali detained

A son of boxing legend Muhammad Ali was held for questioning for two hours at a Florida airport upon returning from Jamaica because of his Arabic-sounding name, US media reported late Friday. Muhammad Ali Jr., 44, who was born in Philadelphia and has a US
Published 26 Feb, 2017 12:00am
Son of boxer Muhammad Ali detained

Son of boxer Muhammad Ali detained

A son of boxing legend Muhammad Ali was held for questioning for two hours at a Florida airport upon returning from Jamaica because of his Arabic-sounding name, US media reported late Friday. Muhammad Ali Jr., 44, who was born in Philadelphia and has a US
Published 26 Feb, 2017 12:00am
Fractured Democrats to pick leader

Fractured Democrats to pick leader

US Democrats struggling to move on from their bitter election defeat last year will pick a new leader Saturday to take the fight to President Donald Trump and his Republicans. With opposition Democrats preparing for crucial 2018 midterm elections and the
Published 26 Feb, 2017 12:00am
Nil progress so far PSE reforms project continues to receive funds

Nil progress so far PSE reforms project continues to receive funds

In spite of zero progress in the PSE Reforms project as determined by the Finance Division, the government continues to provide substantial funds for its implementation. A Rs 2.2 billion project titled PSE Reforms was initiated in 2015 to improve governan
Published 26 Feb, 2017 12:00am
Nil progress so far PSE reforms project continues to receive funds

Nil progress so far PSE reforms project continues to receive funds

In spite of zero progress in the PSE Reforms project as determined by the Finance Division, the government continues to provide substantial funds for its implementation. A Rs 2.2 billion project titled PSE Reforms was initiated in 2015 to improve governan
Published 26 Feb, 2017 12:00am
Nil progress so far PSE reforms project continues to receive funds

Nil progress so far PSE reforms project continues to receive funds

In spite of zero progress in the PSE Reforms project as determined by the Finance Division, the government continues to provide substantial funds for its implementation. A Rs 2.2 billion project titled PSE Reforms was initiated in 2015 to improve governan
Published 26 Feb, 2017 12:00am
Saudi foreign minister in first visit to Iraq since 2003

Saudi foreign minister in first visit to Iraq since 2003

Saudi Foreign Minister Adel al-Jubeir held talks in Baghdad with Iraq's leadership Saturday, the first such visit by a chief diplomat from the kingdom since 2003. Iraqi Prime Minister Haider al-Abadi received Jubeir and his accompanying delegation, a stat
Published 26 Feb, 2017 12:00am
Saudi foreign minister in first visit to Iraq since 2003

Saudi foreign minister in first visit to Iraq since 2003

Saudi Foreign Minister Adel al-Jubeir held talks in Baghdad with Iraq''s leadership Saturday, the first such visit by a chief diplomat from the kingdom since 2003. Iraqi Prime Minister Haider al-Abadi received Jubeir and his accompanying delegation, a sta
Published 26 Feb, 2017 12:00am
Operation in Punjab: Rangers kill four terrorists, detain 600 suspects

Operation in Punjab: Rangers kill four terrorists, detain 600 suspects

Four terrorists were killed in exchange of fire with personnel of Punjab Rangers while over 600 suspects including a few Afghan nationals apprehended as operation Radd-ul-Fasaad continues. According to details, Punjab Rangers carried out over 200 raids as
Published 26 Feb, 2017 12:00am
Operation in Punjab: Rangers kill four terrorists, detain 600 suspects

Operation in Punjab: Rangers kill four terrorists, detain 600 suspects

Four terrorists were killed in exchange of fire with personnel of Punjab Rangers while over 600 suspects including a few Afghan nationals apprehended as operation Radd-ul-Fasaad continues. According to details, Punjab Rangers carried out over 200 raids as
Published 26 Feb, 2017 12:00am
Nisar urges media to play a frontline role

Nisar urges media to play a frontline role

Fight against terrorists is collective responsibility of the nation and doing politics on this sensitive issue tantamount to betraying the country, said Interior Minister Chaudhry Nisar Ali Khan on Saturday. He was talking to representatives of journalist
Published 26 Feb, 2017 12:00am
Nisar urges media to play a frontline role

Nisar urges media to play a frontline role

Fight against terrorists is collective responsibility of the nation and doing politics on this sensitive issue tantamount to betraying the country, said Interior Minister Chaudhry Nisar Ali Khan on Saturday. He was talking to representatives of journalist
Published 26 Feb, 2017 12:00am
Decision on PSL final still in limbo

Decision on PSL final still in limbo

The decision to hold Pakistan Super League (PSL) final in Lahore is in limbo due to the recent spate of terror attacks in the country including Lahore where the matches would be played. A senior official at the Ministry of Inter-Provincial Co-ordination (
Published 26 Feb, 2017 12:00am
Decision on PSL final still in limbo

Decision on PSL final still in limbo

The decision to hold Pakistan Super League (PSL) final in Lahore is in limbo due to the recent spate of terror attacks in the country including Lahore where the matches would be played. A senior official at the Ministry of Inter-Provincial Co-ordination (
Published 26 Feb, 2017 12:00am
TY16 e-filers to be made part of new ATL

TY16 e-filers to be made part of new ATL

In a major move to facilitate compliant taxpayers, the Federal Board of Revenue (FBR) has decided that all income tax returns filed electronically for the Tax Year 2016 would be made part of the updated Active Taxpayers List (ATL) from March 1, 2017.
Published 26 Feb, 2017 12:00am
TY16 e-filers to be made part of new ATL

TY16 e-filers to be made part of new ATL

In a major move to facilitate compliant taxpayers, the Federal Board of Revenue (FBR) has decided that all income tax returns filed electronically for the Tax Year 2016 would be made part of the updated Active Taxpayers List (ATL) from March 1, 2017.
Published 26 Feb, 2017 12:00am
TY16 e-filers to be made part of new ATL

TY16 e-filers to be made part of new ATL

In a major move to facilitate compliant taxpayers, the Federal Board of Revenue (FBR) has decided that all income tax returns filed electronically for the Tax Year 2016 would be made part of the updated Active Taxpayers List (ATL) from March 1, 2017.
Published 26 Feb, 2017 12:00am
Sartaj upbeat about ECO summit prospects

Sartaj upbeat about ECO summit prospects

Adviser to the Prime Minister on Foreign Affairs, Sartaj Aziz, Saturday said that Pakistan is all set to host the 13th Economic Co-operation Organisation (ECO) Summit on March 1 (Wednesday) to deliberate on ways to augment co-operation in a number of area
Published 26 Feb, 2017 12:00am
Sartaj upbeat about ECO summit prospects

Sartaj upbeat about ECO summit prospects

Adviser to the Prime Minister on Foreign Affairs, Sartaj Aziz, Saturday said that Pakistan is all set to host the 13th Economic Co-operation Organisation (ECO) Summit on March 1 (Wednesday) to deliberate on ways to augment co-operation in a number of area
Published 26 Feb, 2017 12:00am
Sartaj upbeat about ECO summit prospects

Sartaj upbeat about ECO summit prospects

Adviser to the Prime Minister on Foreign Affairs, Sartaj Aziz, Saturday said that Pakistan is all set to host the 13th Economic Co-operation Organisation (ECO) Summit on March 1 (Wednesday) to deliberate on ways to augment co-operation in a number of area
Published 26 Feb, 2017 12:00am
Appointment of SAARC's SG: India withdraws its reservations

Appointment of SAARC's SG: India withdraws its reservations

India has withdrawn its reservations on appointment of Pakistan's nominee Amjad Hussain B Sial, former special secretary Ministry of Foreign Affairs, as the next secretary-general of South Asian Association for Regional Co-operation (SAARC) who will resum
Published 26 Feb, 2017 12:00am
Appointment of SAARC''s SG: India withdraws its reservations

Appointment of SAARC''s SG: India withdraws its reservations

India has withdrawn its reservations on appointment of Pakistan''s nominee Amjad Hussain B Sial, former special secretary Ministry of Foreign Affairs, as the next secretary-general of South Asian Association for Regional Co-operation (SAARC) who will resu
Published 26 Feb, 2017 12:00am
Appointment of SAARC''''s SG: India withdraws its reservations

Appointment of SAARC''''s SG: India withdraws its reservations

India has withdrawn its reservations on appointment of Pakistan''''s nominee Amjad Hussain B Sial, former special secretary Ministry of Foreign Affairs, as the next secretary-general of South Asian Association for Regional Co-operation (SAARC) who will re
Published 26 Feb, 2017 12:00am
Rs 431 billion released under PSDP

Rs 431 billion released under PSDP

The government released Rs 431 billion (54 per cent of the budgeted amount) till Friday last (February 24), including Rs 118.6 billion foreign aid, for different development projects under the Public Sector Development Programme (PSDP) 2016-17 against the
Published 26 Feb, 2017 12:00am
Rs 431 billion released under PSDP

Rs 431 billion released under PSDP

The government released Rs 431 billion (54 per cent of the budgeted amount) till Friday last (February 24), including Rs 118.6 billion foreign aid, for different development projects under the Public Sector Development Programme (PSDP) 2016-17 against the
Published 26 Feb, 2017 12:00am
Rs 431 billion released under PSDP

Rs 431 billion released under PSDP

The government released Rs 431 billion (54 per cent of the budgeted amount) till Friday last (February 24), including Rs 118.6 billion foreign aid, for different development projects under the Public Sector Development Programme (PSDP) 2016-17 against the
Published 26 Feb, 2017 12:00am
Red warrants for Altaf: legal wing begins parleys on Interpol reply

Red warrants for Altaf: legal wing begins parleys on Interpol reply

The Interior Ministry's legal wing has begun internal consultations on the clarification sought by Interpol on the government's request for issuance of a red warrant to bring Muttahida Qaumi Movement (MQM) founder Altaf Hussain back to Pakistan for his ha
Published 26 Feb, 2017 12:00am
Red warrants for Altaf: legal wing begins parleys on Interpol reply

Red warrants for Altaf: legal wing begins parleys on Interpol reply

The Interior Ministry''s legal wing has begun internal consultations on the clarification sought by Interpol on the government''s request for issuance of a red warrant to bring Muttahida Qaumi Movement (MQM) founder Altaf Hussain back to Pakistan for his
Published 26 Feb, 2017 12:00am
Commercial importers: FBR to withdraw audit notices

Commercial importers: FBR to withdraw audit notices

The Federal Board of Revenue (FBR) has announced withdrawal of audit notices issued to commercial importers. The decision was taken at a meeting held Friday between Rehmatullah Wazir, Member ILR (Operation) and Zubair Tufail, President Federation Pakistan
Published 26 Feb, 2017 12:00am
Commercial importers: FBR to withdraw audit notices

Commercial importers: FBR to withdraw audit notices

The Federal Board of Revenue (FBR) has announced withdrawal of audit notices issued to commercial importers. The decision was taken at a meeting held Friday between Rehmatullah Wazir, Member ILR (Operation) and Zubair Tufail, President Federation Pakistan
Published 26 Feb, 2017 12:00am
Commercial importers: FBR to withdraw audit notices

Commercial importers: FBR to withdraw audit notices

The Federal Board of Revenue (FBR) has announced withdrawal of audit notices issued to commercial importers. The decision was taken at a meeting held Friday between Rehmatullah Wazir, Member ILR (Operation) and Zubair Tufail, President Federation Pakistan
Published 26 Feb, 2017 12:00am
Local assembling: PAAPAM backs 2-year category-A incentives

Local assembling: PAAPAM backs 2-year category-A incentives

Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has supported two-year category-A incentives to existing local assemblers to produce new models, saying that it will stimulate investment and new capacity creation by passenge
Published 26 Feb, 2017 12:00am
Local assembling: PAAPAM backs 2-year category-A incentives

Local assembling: PAAPAM backs 2-year category-A incentives

Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has supported two-year category-A incentives to existing local assemblers to produce new models, saying that it will stimulate investment and new capacity creation by passenge
Published 26 Feb, 2017 12:00am
Local assembling: PAAPAM backs 2-year category-A incentives

Local assembling: PAAPAM backs 2-year category-A incentives

Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has supported two-year category-A incentives to existing local assemblers to produce new models, saying that it will stimulate investment and new capacity creation by passenge
Published 26 Feb, 2017 12:00am
Dar reviews progress of foreign-funded projects

Dar reviews progress of foreign-funded projects

Finance Minister Senator Muhammad Ishaq Dar chaired a meeting to review the progress of foreign funded projects here on Saturday. Secretary Economic Affairs Division (EAD) gave a detailed briefing on the utilisation of foreign assistance in various sector
Published 26 Feb, 2017 12:00am
Munich security moot

Munich security moot

'Peace through dialogue' is the motto of the Munich Security Conference, which held its 53rd annual secession this past week. Of course there was lot of dialogue among the world leaders but the question whether it helped strengthen international peace has
Published 26 Feb, 2017 12:00am
A wise move

A wise move

Islamabad - as planned and built - was a beautiful city, but no more. Among the sore sights most annoying is the wall of crudely painted containers that denies access to the D-Chowk and blocks a speculator view of the Parliament House and Presidency. To e
Published 26 Feb, 2017 12:00am
Fate of mother languages

Fate of mother languages

The 18th Constitutional Amendment injected 102 changes into the Constitution, but it did not touch Article 251 which deals with National language. According to the said Article, Urdu is the National language and English may be used for official purposes "
Published 26 Feb, 2017 12:00am
Corporate philanthropy

Corporate philanthropy

The public sector in Pakistan is under-resourced with weak revenue base but the people at individual and community levels are always sharing government's burden by giving donations for various social causes. It is no coincidence that Abdul Sattar Edhi ros
Published 26 Feb, 2017 12:00am
'Pakistan's debt: response to finance minister'

'Pakistan's debt: response to finance minister'

This is with reference to an article "Pakistan's Debt: response to finance minister" dated 17-02-2017 carried by Business Recorder. The said news article used incorrect information to draw misleading conclusions. - At the outset, the article made i
Published 26 Feb, 2017 12:00am
Trump's Russia reset on hold as White House adds anti-Moscow hawks

Trump's Russia reset on hold as White House adds anti-Moscow hawks

President Donald Trump came to the White House promising a radical reset of US-Russia relations after years of rising tensions under his predecessor. But barely one month into office, that plan appears to be on hold, and Trump's White House team has taken
Published 26 Feb, 2017 12:00am
Farooq Zameer dies

Farooq Zameer dies

Amicable, soft-spoken and brutally honest were the characteristics of veteran TV actor Farooq Zameer who passed away on Thursday. Unlike many other TV artistes, Farooq showed a certain measure of finesse in various role that he played since the early 1990
Published 26 Feb, 2017 12:00am
Probe into shrine carnage moving at fair pace: Murad

Probe into shrine carnage moving at fair pace: Murad

Chief Minister Sindh Syed Murad Ali Shah has said that investigation into the Sehwan incident is moving at a fair pace and the culprits involved would be sternly punished. While addressing the 16th convocation of Liaquat University of Medical and Health S
Published 26 Feb, 2017 12:00am
Two drivers arrested for smuggling explosives

Two drivers arrested for smuggling explosives

In a major achievement in ongoing anti-terror raids across the country, the security forces on Saturday arrested two truck drivers for allegedly smuggling explosives into Pakistan under the garb of Afghan transit trade. The law enforcement personnel took
Published 26 Feb, 2017 12:00am
Two terrorists awarded 14-year jail term

Two terrorists awarded 14-year jail term

An Anti-terrorism court here Saturday awarded 14 years jail term each to two terrorists Qari Yousaf and Muhammad Yousaf affiliated with Daesh. They were facing the charges of keeping explosive substance and hate literature. Qari Muhammad Yousaf and Muhamm
Published 26 Feb, 2017 12:00am
Austrian delegation shows interest in hydropower projects

Austrian delegation shows interest in hydropower projects

A high-level Austrian delegation led by ambassador Dr Brigitta Blaha have expressed interest of their country in hydropower projects, especially small hydro projects and electricity production from solid waste. They showed this interest during a meeting w
Published 26 Feb, 2017 12:00am
Prices of essential kitchen items register slight increase

Prices of essential kitchen items register slight increase

The prices of essential kitchen items have registered a slight increase during the last week as compared with the preceding week, a survey carried outBusiness Recorder revealed here on Saturday. Tomatoes price went up from Rs 220 to Rs 240 per 5kg
Published 26 Feb, 2017 12:00am
Bakhtawar angry over Marwat's joining PPP

Bakhtawar angry over Marwat's joining PPP

A day after veteran Sindh politician Irfanullah Marwat announced joining Pakistan Peoples Party (PPP), Bakhtawar Bhutto Zardari, daughter of Asif Ali Zardari, called the former provincial minister a sick man. Irfanullah Marwat, a senior leader of Pakistan
Published 26 Feb, 2017 12:00am
Thar needs special development: Shah Mehmood

Thar needs special development: Shah Mehmood

Vice Chairman Pakistan Tehreek-e-Insaf (PTI), Shah Mehmood Qureshi on Saturday said that Thar Desert area of Sindh lacks basic facilities of life and it needs special development. Addressing a press conference at Insaf House after his return from a six-da
Published 26 Feb, 2017 12:00am
NCA closed due to security concerns

NCA closed due to security concerns

Educational institutions have started to close due to security concerns as National College of Arts (NCA) on Saturday announced a week's holidays. As per details, one girls' and two boys' hostels have been evacuated. The principal of NCA also verified tha
Published 26 Feb, 2017 12:00am
Nawaz will emerge victorious in Panama case: Abid Sher

Nawaz will emerge victorious in Panama case: Abid Sher

Pakistan Muslim League-Nawaz (PML-N) leader and Minister of State for Water and Power, Abid Sher Ali on Saturday claimed that Prime Minister Nawaz Sharif will emerge victorious in the Panama case. Talking to media at the headquarters of Faisalabad Electri
Published 26 Feb, 2017 12:00am
Arif Chaudhry elected IHCBA president

Arif Chaudhry elected IHCBA president

In the crucial electoral contest of Islamabad High Court Bar Association (IHCBA), Advocate Arif Chaudhry on Saturday defeated his opponent Sheikh Khizar Rashid after a neck-and-neck competition with a difference of only seven votes. Chaudhry secured the t
Published 26 Feb, 2017 12:00am
53 suspects held during search operations

53 suspects held during search operations

The city police, rangers and other security agencies on Saturday conducted search operation in various parts of Islamabad and arrested 53 suspected persons. A police official said that the law enforcement agencies (LEA) conducted search operation in Faiza
Published 26 Feb, 2017 12:00am
Waseem angry at food control department's performance

Waseem angry at food control department's performance

Mayor Karachi Waseem Akhtar visited the food control office and was furious over their unsatisfactory performance. Waseem Akhtar checked the record of the attendance of their staff and expressed his anger over their failure to maintain the quality of food
Published 26 Feb, 2017 12:00am
First death anniversary of actor Habib observed

First death anniversary of actor Habib observed

First death anniversary of legendry Lollywood actor Habib-ur-Rehman was observed on Saturday. The actor had died after a prolonged illness as he was suffering from sugar and blood pressure. Born in 1931 in an Indian state Patiala, he was a highly educated
Published 26 Feb, 2017 12:00am
Zahid Khokar named as member Customs FBR

Zahid Khokar named as member Customs FBR

Muhammad Zahid Khokar has been appointed as member Customs, Federal Board of Revenue. The notification in this regard has been issued on the other day. Muhammad Zahid Khokar was serving as chief collector (Enforcement) in Karachi before he was appointed a
Published 26 Feb, 2017 12:00am
Open Day exhibition held at Khatoon-e-Pakistan College

Open Day exhibition held at Khatoon-e-Pakistan College

Khatoon-e-Pakistan Government Girls School hosted an impressive Open Day exhibition this weekend featuring an Art Show, a Science Exhibition and a tribute to Urdu poetry. Visitors to the Open Day included parents, advocates of public art, students from ne
Published 26 Feb, 2017 12:00am
DPS, Engro join hands to help patients

DPS, Engro join hands to help patients

Dawood Public School (DPS) and Engro Foundation have come together to help patients at the Lady Dufferin Hospital by donating a sum of PKR2.4 million. The funds were collected through the Festival of Lights - a fundraising carnival organised by DPS for th
Published 26 Feb, 2017 12:00am
Former MNA joins PPP

Former MNA joins PPP

Former Member of National Assembly (MNA) from Ghotki Sardar Khalid Ahmed Khan Lund on Saturday called on former President of Pakistan and co-chairman Pakistan People's Party (PPP) Asif Ali Zardari and announced joining PPP. The meeting took place at Bilaw
Published 26 Feb, 2017 12:00am
JI chief terms attack on shrine attack on nation

JI chief terms attack on shrine attack on nation

The Ameer of Jamat-e-Islami has said that attack on the shrine of Lal Shahbaz Qalandar is attack on entire nation; he went to Sehwan Sharif for condolence. Corruption and terrorism are correlated, where there is economic terrorism, in that society armed t
Published 26 Feb, 2017 12:00am
Mazari lambastes government for not implementing NAP

Mazari lambastes government for not implementing NAP

Director General (DG) Strategic Studies Institute Islamabad (SSII) and a senior leader Pakistan Tehreek-e-Insaf (PTI), Dr Shireen M Mazari on Saturday criticised the government for non-implementation of the National Action Plan (NAP). She was addressing a
Published 26 Feb, 2017 12:00am
Murad vows to provide better facilities to special children

Murad vows to provide better facilities to special children

Sindh Chief Minister Syed Murad Ali Shah has directed Special Education department to prepare an annual calendar of extra curricular activities in collaboration with sports department for what he termed the 'differently disabled' children to bring them in
Published 26 Feb, 2017 12:00am
Elimination of terrorism must for CPEC's success: PBIF chief

Elimination of terrorism must for CPEC's success: PBIF chief

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has eliminating the menace of terrorism from the country has become imperative to make borders secure, make China Pakistan Economic Corridor (CPEC) a success and keep the pa
Published 26 Feb, 2017 12:00am
Government urged to expedite process of refunding ST

Government urged to expedite process of refunding ST

Chairman, Pakistan Apparel Forum, Muhammad Jawed Bilwani on Saturday expressed deep concern over a decline of textile exports in general and of garments in particular and demanded the government to immediately release all pending sales tax refunds, Custom
Published 26 Feb, 2017 12:00am
'Qatari letter' would lead to financial anarchy: Aitzaz

'Qatari letter' would lead to financial anarchy: Aitzaz

Leader of Opposition in the Senate and senior leader of Pakistan Peoples Party Parliamentarians (PPPP), Chaudhry Aitzaz Ahsan Saturday said that Qatari, Irani and UAE letters would lead to financial anarchy in the country. While talking to media, the PPP
Published 26 Feb, 2017 12:00am
Dry weather likely today

Dry weather likely today

Mainly dry weather is expected in the most parts of the country in next 24 hours, the Met Office said on Saturday. Over the last 24 hours, minimum temperature in Gupis and Astore was minus five degrees Celsius, each, Kalam, Dir and Parachinar minus four,
Published 26 Feb, 2017 12:00am
Terror bids foiled in Hangu, Bagh

Terror bids foiled in Hangu, Bagh

The police foiled a terror bid as it recovered two bombs which were later defused by bomb disposal squad (BDS), here on Saturday. Over reports of presence of suspicion material in Tal Bazaar, Hangu, police was informed which reached the scene and during s
Published 26 Feb, 2017 12:00am
Arson attack, rioting case: ATC decides to indict Mirza, aides

Arson attack, rioting case: ATC decides to indict Mirza, aides

An Anti-terrorism Court (ATC) on Saturday decided to indict former Sindh Home Minister and estranged PPP leader Zulfiqar Mirza in arson attack and rioting case in the next date of hearing. The court provided the copies of the case to the accused. The ATC
Published 26 Feb, 2017 12:00am
Displaced families from Renao Parchao repatriated to home towns

Displaced families from Renao Parchao repatriated to home towns

A large number of residents, belonging to Renao Parchao of Loy-Shelman, the bordering zone between Pakistan and Afghanistan who had displaced due to military action against militants were repatriated to their home towns. According to the administration an
Published 26 Feb, 2017 12:00am
Pak-Afghan tensions: Sherpao calls for CBM to reduce trust-deficit

Pak-Afghan tensions: Sherpao calls for CBM to reduce trust-deficit

Qaumi Watan Party (QWP), Chairman Aftab Ahmad Khan Sherpao has expressed apprehension over the deteriorating relations with neighbouring Afghanistan, saying that that the foreign policy of the country need to be revisited in order to achieve sustainable a
Published 26 Feb, 2017 12:00am
Criminal activities on the rise in Islamabad

Criminal activities on the rise in Islamabad

The criminal elements are on rampage in the federal capital as they struck at 12 separate places during the last seven days and made off with cash, gold ornaments and vehicles. According to data collected by Business Recorder, various police stations of t
Published 26 Feb, 2017 12:00am
Repatriation process of Afghan DPs expedited

Repatriation process of Afghan DPs expedited

Authorities concerned on Saturday expedited the process of sending Afghan refugees back to their country after initiation of Operation Radd-ul-Fasaad aimed at uprooting terrorism from Pakistan for once and all. Under the new operation, those areas would a
Published 26 Feb, 2017 12:00am
252 handed over to Afghan security forces

252 handed over to Afghan security forces

At least 252 afghan nationals were handed over to afghan security forces through Torkham border in Khyber Agency as a good will gesture here on Saturday. According to security forces, Pak-Afghan Border from Chaman, Khyber Agency and Kurram Agency have bee
Published 26 Feb, 2017 12:00am
Indian forces kill Pakistani woman

Indian forces kill Pakistani woman

A 52-year-old Pakistani woman was shot dead by India's Border Security Forces (BSF) after accidentally crossed border at Bajwat Sector on Friday, Dunya News reported. According to sources, 52-year-old Rashida Bibi, who belonged to Bajwat area and was ment
Published 26 Feb, 2017 12:00am
Suspected person held

Suspected person held

The city police on Saturday arrested a suspected person from District Courts located at sector F-8 Markaz. Police said that a suspected person namely Saifullah Khan was arrested during body search and a pistol was also recovered from him. The accused was
Published 26 Feb, 2017 12:00am
Militant commander killed

Militant commander killed

Security forces on Saturday have killed a commander of alleged militant group and arrested six suspects in search operation in Blangoor area of Turbat district. A security forces spokesman said the security forces personnel carried out the operation on a
Published 26 Feb, 2017 12:00am
PTI questions job extension to SBP deputy governor

PTI questions job extension to SBP deputy governor

Pakistan Tehreek-e-Insaf (PTI) on Saturday sought details of two-year extension in job granted to Deputy Governor State Bank of Pakistan (SBP) Saeed Ahmad, a close aide of Finance Minister Ishaq Dar. In a letter written to the principal secretary to the p
Published 26 Feb, 2017 12:00am
Political agent accused of selling livestock permits in black market

Political agent accused of selling livestock permits in black market

A parliamentarian from Kurram Agency, Federally Administered Tribal Areas (FATA), on Saturday accused Political Agent Kurram of selling out livestock permits in the black market. Talking to journalists, Sajid Hussain Turi, Member National Assembly (MNA) f
Published 26 Feb, 2017 12:00am
Nation pins hopes on new generation: Jhagra

Nation pins hopes on new generation: Jhagra

KP Governor Eng Iqbal Zafar Jhagra has said that the nation has pinned great expectations with its new generation and they should prepare themselves to come up the expectations in meeting the future challenges. He was addressing as the chief guest at the
Published 26 Feb, 2017 12:00am
Three dead, four hurt in road mishap

Three dead, four hurt in road mishap

At least three people were killed and four sustained injuries when a bus carrying wedding guests overturned on TakhBhai Road in Charsadda on Saturday. According to police sources, the bus was carrying people who were going to attend a wedding ceremony as
Published 26 Feb, 2017 12:00am
SHC reissues arrest warrants for Sharjeel

SHC reissues arrest warrants for Sharjeel

An accountability court on Saturday reissued arrest warrants for former Sindh information minister Sharjeel Memon and his accomplices in corruption cases and ordered that the accused be produced in court on March 7. The court was hearing the corruption an
Published 26 Feb, 2017 12:00am
British comedian Michael Palin participates in LLF

British comedian Michael Palin participates in LLF

"I am very pleased to come here," said Michael Palin, British comedian known for his association with comedy troupe Monty Python. Palin is one of the participants of Lahore Literary Festival (LLF), held in Lahore on Saturday. "I visited Lahore about 15 ye
Published 26 Feb, 2017 12:00am
Pakistan, US pursue common goal of eliminating terrorism: Ahsan

Pakistan, US pursue common goal of eliminating terrorism: Ahsan

Speakers at a seminar on "New American Administration and Pakistan's Strategy" emphasized that Pakistan needs not fear change of leadership in USA and there are many opportunities for cooperation to fight terrorism and bring peace in Afghanistan. The semi
Published 26 Feb, 2017 12:00am
Promotion of education: Shahbaz reviews progress

Promotion of education: Shahbaz reviews progress

A meeting was held here Saturday with Chief Minister Punjab Muhammad Shahbaz Sharif in the chair. The meeting reviewed progress on different steps taken for the promotion of education in the province as well as different programmes including construction
Published 26 Feb, 2017 12:00am
Fesco okays shifting of LT/HT lines

Fesco okays shifting of LT/HT lines

A meeting of Faisalabad Electric Supply Company (FESCO) Board of Directors (BOD) held here at FESCO Headquarters unanimously approved the shifting of LT & HT electricity lines passing through roofs of 25 localities in area of NA-85 of MNA Haji Akram Ansar
Published 26 Feb, 2017 12:00am
Punjab to launch hepatitis control programme

Punjab to launch hepatitis control programme

A vigorous campaign would be launched for prevention, control and registration of hepatitis patients in Punjab and treatment facilities would be provided to all registered patients. For this purpose, Punjab Hepatitis Control Programme would be strengthene
Published 26 Feb, 2017 12:00am
LPGAP voices concern over Ogra notification

LPGAP voices concern over Ogra notification

LPG Association of Pakistan (LPGAP) has expressed its concern over the notification issued by Oil and Gas Regulatory Authority (OGRA) for setting Rs 910 consumer price of LPG inclusive of all taxes and charges. The association's spokesman on Saturday said
Published 26 Feb, 2017 12:00am
Swiss firm's official meets CEO PBIT

Swiss firm's official meets CEO PBIT

Dr Kai Henning Viehweger, Executive Vice President of a reputed Swiss company Metrohm International that specializes in the production of chemical and laboratory equipment, met Muhammad Mudassir Tipu, Acting CEO of Punjab Board of Investment of Trade (PBI
Published 26 Feb, 2017 12:00am
PIAF supports 'Raddul Fasaad' to weed out terrorism

PIAF supports 'Raddul Fasaad' to weed out terrorism

Pakistan Industrial and Traders Associations Front (PIAF) termed ongoing operation "Raddul Fasaad" against terrorists and subversive elements in the country as important step, saying the new operation along with deployment of rangers in Punjab would stren
Published 26 Feb, 2017 12:00am
Efforts under way to counter challenges: CCPO

Efforts under way to counter challenges: CCPO

Police is putting all possible efforts to deal with complex set of challenges on account of current internal security situation, said Capital City Police Officer (CCPO) Captain (Retd) Muhammad Amin. He was speaking here at the Federation of Pakistan Chamb
Published 26 Feb, 2017 12:00am
Syria strikes big new Russian wheat deal via local firms

Syria strikes big new Russian wheat deal via local firms

Syria's state grain buyer has signed contracts with local traders for 1.2 million tonnes of Russian wheat, a government source said, the country's second attempt at a huge wheat deal since October as it tries to secure supplies of the food staple. "We hav
Published 26 Feb, 2017 12:00am
Brazil publishes rules for robusta coffee imports

Brazil publishes rules for robusta coffee imports

Brazil's Agriculture Ministry published the rules companies should follow to bring into the country robusta coffee from Vietnam in its official gazette on Monday, marking the first time the world's largest producer will buy coffee abroad. The publication
Published 26 Feb, 2017 12:00am
South Africa expected to harvest 68 percent more maize

South Africa expected to harvest 68 percent more maize

South Africa farmers are expected to harvest 68 percent more maize this season as increased rainfall has boosted plantings, a Reuters poll of six traders and market analysts showed on Friday. The government's Crop Estimates Committee (CEC), which will pro
Published 26 Feb, 2017 12:00am
ISO lowers global sugar deficit forecast

ISO lowers global sugar deficit forecast

The International Sugar Organization on Tuesday scaled back its global sugar deficit forecast for the 2016/17 season to 5.869 million tonnes, from a previous estimate of 6.19 million tonnes. The inter-governmental body also projected there would be a 5.35
Published 26 Feb, 2017 12:00am
Japan feedmakers to tap corn stocks

Japan feedmakers to tap corn stocks

Japan's feedmakers are expected to tap the country's emergency stockpiles of corn as inventories decline to critically low levels due to a delay in shipments from the United States. Japan's Ministry of Agriculture, Forestry and Fisheries plans to approve
Published 26 Feb, 2017 12:00am
Unleash the entrepreneur in every small farmer: new UN agency chief

Unleash the entrepreneur in every small farmer: new UN agency chief

Training young farmers to turn agriculture into a business is key to eradicating poverty and curbing economic migration, the new president of the UN agricultural development agency said on Wednesday. Three quarters of the world's poorest people live in ru
Published 26 Feb, 2017 12:00am
Russian wheat prices stable on favourable weather

Russian wheat prices stable on favourable weather

Russian wheat prices were stable as a cold spell last week did not damage winter grain sowings and the weather was expected to be favourable for the crop in coming days, an analyst said on Monday. Black Sea prices for Russian wheat with 12.5 percent prote
Published 26 Feb, 2017 12:00am
Global nickel market moves to a surplus

Global nickel market moves to a surplus

The worldwide nickel market moved to a surplus of 9,700 tonnes in December from a deficit of 1,700 tonnes the previous month, the International Nickel Study Group said on Tuesday. Last year the global nickel market registered a deficit of 49,700 tonnes wh
Published 26 Feb, 2017 12:00am
Ethanol imports sink after tax hike

Ethanol imports sink after tax hike

China imported 2,415 cubic metres of ethanol last month, its second smallest volume in the past year, data showed on Friday, as a big hike in taxes curbed demand from the world's fastest-growing biofuel market. Nearly all of the imports came from Vietnam,
Published 26 Feb, 2017 12:00am
Ethanol imports sink after tax hike

Ethanol imports sink after tax hike

China imported 2,415 cubic metres of ethanol last month, its second smallest volume in the past year, data showed on Friday, as a big hike in taxes curbed demand from the world''s fastest-growing biofuel market. Nearly all of the imports came from Vietnam
Published 26 Feb, 2017 12:00am
Iran makes first raw sugar purchases in months to boost stocks

Iran makes first raw sugar purchases in months to boost stocks

Importers in Iran have bought up to 250,000 tonnes of Brazilian raw sugar in the first purchases in months as the country looks to bolster strategic stocks, trade sources said on Tuesday. The sources said the cargoes were for February shipment, adding tha
Published 26 Feb, 2017 12:00am
LME cuts deal with banks to propel gold futures

LME cuts deal with banks to propel gold futures

The London Metal Exchange has reached a 50:50 revenue-sharing deal with a company founded by a group of banks to promote trade in its new gold futures contracts, sources said, aiming to overcome market scepticism surrounding their launch in June. Usually,
Published 26 Feb, 2017 12:00am
India's wheat imports to slow after March on fumigation rule change

India's wheat imports to slow after March on fumigation rule change

India's wheat imports from Russia, France and Ukraine could come to a halt after March, as New Delhi has asked exporters to fumigate their cargoes with methyl bromide, an insect control gas banned in Europe and the Black Sea region. Currently, food shipme
Published 26 Feb, 2017 12:00am
Rival rallies in Seoul over Park impeachment

Rival rallies in Seoul over Park impeachment

Hundreds of thousands of South Koreans held rival protests in Seoul Saturday over the impeachment of President Park Geun-Hye on the fourth anniversary of her swearing into office. Park was impeached by parliament in December over a corruption scandal that
Published 26 Feb, 2017 12:00am
Mexican sex trafficker gets 15 years in US prison

Mexican sex trafficker gets 15 years in US prison

A US federal court Friday sentenced a leading member of a Mexican sex trafficking ring to more than 15 years in prison for forcing women and underage girls into prostitution in the United States. Paulino Ramirez Granados, a 39-year-old whose family ran a
Published 26 Feb, 2017 12:00am
Libya government secures ceasefire after Tripoli clashes

Libya government secures ceasefire after Tripoli clashes

A ceasefire went into force early Saturday in the Libyan capital after two days of fighting between rival gunmen injured nine people and forced residents to cower indoors, the government said. The fighting between two rival armed groups in eastern Tripoli
Published 26 Feb, 2017 12:00am
Mugabe talks of own death at 93rd birthday party

Mugabe talks of own death at 93rd birthday party

Zimbabwean President Robert Mugabe celebrated his 93rd birthday with a lavish party on Saturday, addressing his own mortality in a speech, but showing no signs of stepping down. Wearing a black cowboy hat, Mugabe, who is increasingly frail, paused for len
Published 26 Feb, 2017 12:00am
California requests $440 million for flood control after dam crisis

California requests $440 million for flood control after dam crisis

California's governor announced Friday a $437 million plan for flood control and emergency response following a recent crisis in which part of the tallest dam in the United States nearly failed, causing massive evacuations. Almost 200,000 people fled thei
Published 26 Feb, 2017 12:00am
Hollande hit backs at Trump over Paris criticism

Hollande hit backs at Trump over Paris criticism

French President Francois Hollande on Saturday hit back at Donald Trump after the US president criticised France in a veiled attack on its immigration policies and those of its European allies. "It is never good to show the slightest mistrust towards a fr
Published 26 Feb, 2017 12:00am
Duterte fans, foes in mass Manila rallies

Duterte fans, foes in mass Manila rallies

Thousands of supporters and foes of President Rodrigo Duterte joined large rallies in Manila on Saturday, highlighting how his brutal drug war has polarised the Philippines. A prayer rally for Duterte's eight months-long anti-narcotics crackdown drew the
Published 26 Feb, 2017 12:00am
Teams seal off scene of Kim killing, sweep terminal

Teams seal off scene of Kim killing, sweep terminal

Civil defence personnel in hazmat suits sealed off the scene of the airport assassination of Kim Jong-Nam early Sunday to sweep the site for toxins - almost two weeks after he was killed with a lethal nerve agent. Teams equipped with gas masks and special
Published 26 Feb, 2017 12:00am
Kim killing suspect was paid $90 to take part in 'TV prank'

Kim killing suspect was paid $90 to take part in 'TV prank'

An Indonesian woman being held over the assassination of Kim Jong-Nam said Saturday she had been paid just RM400 ($90) for taking part in what she thought was a TV prank show, a senior diplomat reportedly told media. Siti Aisyah, who was arrested soon aft
Published 26 Feb, 2017 12:00am
Confidant of France's Le Pen charged over loan

Confidant of France's Le Pen charged over loan

A confidant of French presidential candidate Marine Le Pen has been charged with making an illegal loan to her far-right National Front party, judicial sources said Saturday. It is the second fraud case in recent weeks to be filed against someone close to
Published 26 Feb, 2017 12:00am
Boosting Erdogan powers will make 'strong Turkey': PM

Boosting Erdogan powers will make 'strong Turkey': PM

Prime Minister Binali Yildirim urged Turks to approve constitutional changes to boost President Recep Tayyip Erdogan's powers on Saturday, saying it would make Turkey stronger. Yildirim spoke at the ruling party's first rally ahead of a key April 16 refer
Published 26 Feb, 2017 12:00am
Syria talks challenged as suicide blasts kill dozens

Syria talks challenged as suicide blasts kill dozens

UN efforts to launch a new round of Syria peace talks sputtered Saturday as suicide attacks killed dozens of people, with the death toll from two days of violence nearing 100. The blasts targeting two security service bases in Homs, Syria's third city, ki
Published 26 Feb, 2017 12:00am
Iraqi forces push deeper into west Mosul

Iraqi forces push deeper into west Mosul

Iraqi forces backed by jets and helicopters battled jihadists inside west Mosul Saturday but still faced a tough and potentially protracted battle to retake the Islamic State group's bastion. Almost a week into a major push on the city's west bank, they w
Published 26 Feb, 2017 12:00am
Iraqi Kurdish TV reporter killed

Iraqi Kurdish TV reporter killed

A female reporter working for Iraqi Kurdish channel Rudaw was killed Saturday covering the fighting between government forces and the Islamic State group in Mosul, her channel said. "Prominent Rudaw war reporter and journalist Shifa Gardi has been killed
Published 26 Feb, 2017 12:00am
China hotel fire kills at least 10

China hotel fire kills at least 10

At least 10 people were killed in a huge fire at a hotel in eastern China, the official Xinhua news agency said Saturday. The blaze broke out at the four-storey HNA Platinum Mix Hotel Saturday morning in Nanchang, the capital of Jiangxi province, and took
Published 26 Feb, 2017 12:00am
China photography provocateur, Ren Hang, dies

China photography provocateur, Ren Hang, dies

One of China's most promising and provocative young photographers, Ren Hang, has died aged 29, his gallery confirmed Saturday. The artist was known for racy nude shots of his friends in which genders blur and limbs intertwine. His gallery, Hong Kong-based
Published 26 Feb, 2017 12:00am
Four killed in Nigerian pipeline blast

Four killed in Nigerian pipeline blast

At least four people were killed following a gas pipeline explosion in Nigeria's oil-producing south, a local official said Saturday. "We have lost three people" to the explosion in Rivers state on Wednesday afternoon said Chris Idika, a clergy and commun
Published 26 Feb, 2017 12:00am
Russian writer sparks war of words by joining Ukraine rebels

Russian writer sparks war of words by joining Ukraine rebels

One of Russia's best known novelists, Zakhar Prilepin, has sparked a bitter row among top writers by revealing he is now fighting with pro-Russian separatists in Ukraine. Prilepin is acclaimed for novels drawing on his experiences of serving with Russian
Published 26 Feb, 2017 12:00am
NASA mulls putting astronauts on deep space test flight

NASA mulls putting astronauts on deep space test flight

The US space agency said Friday it is considering putting astronauts on an upcoming test flight of the deep space capsule Orion as it aims to orbit the Moon. Orion is being built with an eye to one day ferrying astronauts to Earth's neighboring planet, Ma
Published 26 Feb, 2017 12:00am
Kuwait could pay up to $60,000 for party at Trump Hotel in Washington

Kuwait could pay up to $60,000 for party at Trump Hotel in Washington

The Kuwaiti government could pay up to $60,000 to President Donald Trump's hotel in Washington for a party on Saturday that will be an early test of Trump's promise to turn over profits from such events to the US Treasury. The Kuwait Embassy is hosting an
Published 26 Feb, 2017 12:00am
Australia seal 333-run win over India

Australia seal 333-run win over India

Australia beat India by 333 runs on Saturday in an outstanding victory that ended the hosts' unbeaten streak of 19 Tests in the opening match of the series in Pune. Chasing a daunting 441, the world's top side crashed to 107 all out early in the final ses
Published 26 Feb, 2017 12:00am
Costa wins Abu Dhabi mountain stage

Costa wins Abu Dhabi mountain stage

Portugal's Rui Costa dropped all comers up the 12km Jebel Hafeet mountain Saturday to claim the third stage of the Tour of Abu Dhabi and take a firm grip on the overall lead. The former world champion stands a great chance of overall victory as Sunday's f
Published 26 Feb, 2017 12:00am
National U-23 Men Volleyball Championship from February 27

National U-23 Men Volleyball Championship from February 27

Chief Minister Khyber Pakhtunkhwa National U-23 Men Volleyball Championship will be played from February 27 to March 3, 2017 here at PSB Coaching Center Hall. Talking to media Secretary Khyber Pakhtunkhwa Volleyball Association Khalid Waqar here on Saturd
Published 26 Feb, 2017 12:00am
Sri Lanka drops Mathews from Bangladesh Tests

Sri Lanka drops Mathews from Bangladesh Tests

Sri Lanka skipper Angelo Mathews was Saturday ruled out of next month's two-Test home series against Bangladesh as selectors prepared to field a "formidable team". The 29-year-old all rounder, however, was "likely to be available" for the three one-day in
Published 26 Feb, 2017 12:00am
Czech playmaker Dockal signs up in China

Czech playmaker Dockal signs up in China

Czech Republic international playmaker Borek Dockal is moving from Sparta Prague to the Chinese Super League side Henan Jianye, the Czech club said on Saturday. The 28-year-old midfielder has signed a three-year deal which Czech media said was worth up to
Published 26 Feb, 2017 12:00am
Pele's son turns self in for Brazil prison sentence

Pele's son turns self in for Brazil prison sentence

The son of football legend Pele turned himself in late Friday after being ordered by a Brazilian court to begin serving a nearly 13-year prison sentence for money laundering and drug trafficking. Edson "Edinho" Cholbi do Nascimento, who briefly played for
Published 26 Feb, 2017 12:00am
Junior Squash Championship enters into quarter-final stage

Junior Squash Championship enters into quarter-final stage

All Pakistan National Junior Squash Championship 2017 entered into quarter-final stage on Saturday. In Under-19 boys event, Abbas Zeb (KPK) beat Saifullah (KPK) by 11/6,11/9,9/11,11/8 (35m), Nasir Khan (KPK) beat Haris Iqbal (KPK) by 11/8,10/12,11/7,11/6,
Published 26 Feb, 2017 12:00am
Alpine skiing: Stuhec takes World Cup Super-G

Alpine skiing: Stuhec takes World Cup Super-G

Ilka Stuhec of Slovenia, crowned downhill world champion just two weeks ago, won the women's Super-G at Crans-Montana on Saturday for her sixth World Cup win of the season. Stuhec clocked 1min 21.78sec to edge Italian Elena Curtoni by 0.50sec with Austria
Published 26 Feb, 2017 12:00am
De Villiers record knock sets up win over New Zealand

De Villiers record knock sets up win over New Zealand

A record-setting innings by AB de Villiers set South Africa up for a resounding 159-run win in the third one-day international against New Zealand in Wellington on Saturday to go 2-1 up in the series. It was an emphatic response by the world's top-ranked
Published 26 Feb, 2017 12:00am
Raonic, del Potro set up Delray Beach clash

Raonic, del Potro set up Delray Beach clash

Former US Open winner Juan Martin del Potro defeated defending champ Sam Querrey in straight sets to reach his second straight Delray Beach Open semi-final on Friday. The victory sets up a mouth-watering battle with top seed Canadian Milos Raonic on Satur
Published 26 Feb, 2017 12:00am
Sacked Ranieri says goodbye to Leicester stars

Sacked Ranieri says goodbye to Leicester stars

Claudio Ranieri visited Leicester City's training ground on Saturday to say farewell to his former players and staff after his shock sacking. Ranieri had visited the club's Belvoir Drive headquarters to clean out his office on Friday following his dismiss
Published 26 Feb, 2017 12:00am
Asia FX sentiment weakens, Philippine peso bearish bets rise
Currency

Asia FX sentiment weakens, Philippine peso bearish bets rise

Sentiment toward most emerging Asian currencies worsened from two weeks ago, with bearish positions in the Philippine peso increasing to the most in two months, a Reuters poll showed. The rise in short positions in the Philippine peso came after the peso
Published 26 Feb, 2017 12:00am
Euro recovery eases Le Pen push on Danish crown

Euro recovery eases Le Pen push on Danish crown

A recovery for the euro eased pressure on Scandinavian central banks worried about another round of deflationary gains in their local currencies on Thursday, with the Danish crown trading just below 8-month highs hit a day earlier. Denmark, Norway and Swe
Published 26 Feb, 2017 12:00am
Speculators lift long US dollar bets
Currency

Speculators lift long US dollar bets

Speculators increased bullish bets on the US dollar for the first time in seven weeks, according to Commodity Futures Trading Commission data released on Friday and calculations by Reuters. The value of the dollar's net long position totalled $15.02 billi
Published 26 Feb, 2017 12:00am
FXCM changes company name; appoints interim CEO
Currency

FXCM changes company name; appoints interim CEO

Embattled US currency broker FXCM Inc said on Tuesday it has changed its company name to Global Brokerage Inc, two weeks after it had been ordered by the Commodities Futures Trading Commission to cease operations in the United States for fraud. In a state
Published 26 Feb, 2017 12:00am
Dollar falls against yen on US policy doubts
Currency

Dollar falls against yen on US policy doubts

The US dollar fell to a more than two-week low against the Japanese yen on Friday as investors doubted the likelihood of swift tax reform and a quick spending boost from US President Donald Trump's administration. On Thursday, US Treasury Secretary Steven
Published 26 Feb, 2017 12:00am
Nigeria's new FX rules sow confusion for investors and traders
Currency

Nigeria's new FX rules sow confusion for investors and traders

Nigeria's latest efforts to tweak its exchange rate policy have baffled investors who say the moves fall short of the currency devaluation they had hoped for and will not lure money back into the economy. The central bank this week effectively devalued th
Published 26 Feb, 2017 12:00am
Canadian dollar posts one-week high
Currency

Canadian dollar posts one-week high

The Canadian dollar notched a one-week high against its US counterpart on Friday after data showed a spike in domestic inflation, but some gains were pared ahead of a Bank of Canada interest rate decision next week. Economists say the central bank will pu
Published 26 Feb, 2017 12:00am
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