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Archive - 2017-03-06
Census to be held on time: Muhammad Zubair
Front Top News

Census to be held on time: Muhammad Zubair

KARACHI: Governor of Sindh, Muhammad Zubair, has said that the census would be held on time and that any reservations regarding the process would be addressed.
Published 06 Mar, 2017 06:31pm
NCHR setup to monitor human rights violation: NA told
General News

NCHR setup to monitor human rights violation: NA told

ISLAMABAD: Minister for Human Rights, Kamran Michael, Monday apprised the National Assembly that National Commission for Human Rights (NCHR) had already been set up to monitor over all human rights violation and situation in the country.
Published 06 Mar, 2017 06:30pm
UN envoy for Western Sahara quits
North America

UN envoy for Western Sahara quits

UNITED NATIONS: The UN envoy for Western Sahara has resigned after leading efforts for eight years to settle the conflict between Morocco and the Polisario Front independence movement, a UN source said Monday.
Published 06 Mar, 2017 06:24pm
CPEC business tower to be built in Islamabad
General News

CPEC business tower to be built in Islamabad

ISLAMABAD: Government decided on Monday to build `The CPEC Tower' here which would be the tallest building in the city and will serve as a symbol of socioeconomic progress Pakistan is making across all the fronts.
Published 06 Mar, 2017 06:23pm
IMF loan to Ukraine only refinances debt: banker
World

IMF loan to Ukraine only refinances debt: banker

KIEV: A top Ukrainian banker said Monday that a new tranche of money from the International Monetary Fund would mainly go straight back to the global lender as debt repayment, rather than helping to fill the country's coffers.
Published 06 Mar, 2017 06:20pm
UN team urges probe of South Sudan abuses
North America

UN team urges probe of South Sudan abuses

GENEVA: UN human rights experts called on Monday for an international investigation into horrific abuses committed in South Sudan, reiterating warnings of "ethnic cleansing" in the war-ravaged country.
Published 06 Mar, 2017 06:17pm
Trump signs revised travel ban, exempts Iraqis
Front Top News

Trump signs revised travel ban, exempts Iraqis

WASHINGTON: US President Donald Trump on Monday signed a revised ban on travelers from six Muslim-majority nations, scaling back the order to exempt Iraqis and permanent US residents.
Published 06 Mar, 2017 06:16pm
President Trump's new travel ban: key points
North America

President Trump's new travel ban: key points

WASHINGTON: President Donald Trump's administration issued a revised immigration ban Monday that temporarily freezes US visa issuance to anyone from six mostly-Muslim countries and halts for 120 days all refugee arrivals.
Published 06 Mar, 2017 06:11pm
France's Fillon tells party 'no plan B' at crisis talks
Europe

France's Fillon tells party 'no plan B' at crisis talks

PARIS: France's embattled rightwing candidate Francois Fillon told party colleagues at a crisis meeting on Monday that there was no alternative to him despite a fake jobs scandal engulfing his presidential bid.
Published 06 Mar, 2017 06:09pm
Asif for every action to ensure national security
Pakistan Top News

Asif for every action to ensure national security

ISLAMABAD: Minister for Defence, Khawaja Muhammad Asif on Monday reiterated Pakistan's resolve to take every step required for national security and its defence and thwart every conspiracy to target "our people in terrorist activities".
Published 06 Mar, 2017 03:43pm
Trade, not Aid' with USA focused: Aizaz Chaudhry
Front Top News

Trade, not Aid' with USA focused: Aizaz Chaudhry

LAHORE: Pakistan Ambassador-designate to United States of America (USA) Aizaz Ahmad Chaudhry said on Monday that Prime Minister Nawaz Sharif has given him the task of 'Trade, not Aid' with the USA and he had taken the responsibility as a mission.
Published 06 Mar, 2017 03:04pm
BCCI ex-chief apologises over court contempt
Cricket

BCCI ex-chief apologises over court contempt

NEW DELHI: The Indian cricket board's former president Anurag Thakur gave an "unconditional apology" Monday to the Supreme Court which had ordered his dismissal from the game's most powerful body in January.
Published 06 Mar, 2017 01:40pm
Pujara Ieads India's revival in 2nd Test
Cricket

Pujara Ieads India's revival in 2nd Test

BANGALORE: Australian seamer Josh Hazlewood Monday acknowledged the second Test hung in the balance after India's Cheteshwar Pujara hit an unbeaten half-century to lead the hosts' fightback on day three in Bangalore.
Published 06 Mar, 2017 01:28pm
Oil slips on concerns over Chinese demand, Russian output
Energy

Oil slips on concerns over Chinese demand, Russian output

LONDON: Oil prices slipped on Monday, wiping out some of the previous session's gains, as lower growth targets in China and concerns over Russia's compliance with a global deal to cut oil output sparked renewed worries over a crude oil supply glut
Published 06 Mar, 2017 01:21pm
Cuba On The Edge Of Change by Tomas Munita
Featured Photos

Cuba On The Edge Of Change by Tomas Munita

Photo Credit: Tomas Munita%D%ATomas Munita (Chile, 1975) is an independent documentary photographer with a main interest in social and environmental issues.
Published 06 Mar, 2017 01:08pm
Geopolitics, Deutsche Bank drag stocks lower
Financial

Geopolitics, Deutsche Bank drag stocks lower

LONDON: European stocks and US futures fell on Monday, as political tensions, a Deutsche Bank cash call and US President Donald Trump's accusation that his predecessor Barack Obama wiretapped him overshadowed a flurry of M&A activity in Europe.
Published 06 Mar, 2017 01:03pm
China's Wild West Matthieu Paley
Featured Photos

China's Wild West Matthieu Paley

Photo Credit: Matthieu Paley%D%AMatthieu Paley is a National Geographic photographer living between the remote and a small village on the Aegean coast in Turkey.
Published 06 Mar, 2017 12:51pm
Standing Rock by Amber Bracken
Featured Photos

Standing Rock by Amber Bracken

Photo Credit: Amber Bracken%Dmber Bracken is a member of Rogue Collective and lifelong Albertan covering assignments across the province and farther from home.
Published 06 Mar, 2017 12:21pm
Scientists to create artificial magnetosphere for Mars
Technology

Scientists to create artificial magnetosphere for Mars

The red planet owes its barren nature mostly to the loss of its magnetic field some 4.2 billion years ago, without that protection solar winds gradually took away what remained of its atmosphere. However, it is not too late according to some scientists.%D
Published 06 Mar, 2017 11:31am
Tribunal formed to investigate PSL fixing scandal
Front Top News

Tribunal formed to investigate PSL fixing scandal

%D%ALAHORE: Pakistan on Monday formed a three-member tribunal headed by a retired judge to investigate a spot-fixing case allegedly involving two players in a recent Twenty20 league match.
Updated 06 Mar, 2017 10:59am
Pervez Khattak announces Rs20mn for PSL Champions
General News

Pervez Khattak announces Rs20mn for PSL Champions

PESHAWAR: Chief Minister Khyber Pakhtwankhwa, Pervez Khattak has announced Rs20 million cash prize for the winner of Pakistan Super League (PSL), Peshawar Zalmi which beat Quetta Gladiators by 58 runs last night.
Updated 06 Mar, 2017 09:49am
Victims Of The Zika Virus by Lalo De Almeida
Featured Photos

Victims Of The Zika Virus by Lalo De Almeida

Photo Credit: Lalo de Ameida%D%AThe image was taken by Lalo De Ameida for the world press 2017 awards depicting victims of the Zika Virus and the individuals and family affected by the deadly ailment.
Published 06 Mar, 2017 09:03am
Misbah to lead Pakistan in West Indies tour
Cricket

Misbah to lead Pakistan in West Indies tour

LAHORE: Pakistan's ageing Test captain Misbah-ul-Haq on Monday made himself available for next month's series in the West Indies, ignoring entreaties from ex-players to call time on his illustrious career following a slew of poor results.
Published 06 Mar, 2017 08:49am
PSA buys Opel-Vauxhall for 1.3bn euros
Industry

PSA buys Opel-Vauxhall for 1.3bn euros

PARIS: French carmaker PSA on Monday announced the acquisition of General Motors' European subsidiary, which includes the Opel and Vauxhall brands, for 1.
Published 06 Mar, 2017 08:02am
Soldiers' sacrifices are country's real lifeline: PM
Pakistan Top News

Soldiers' sacrifices are country's real lifeline: PM

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Monday said the sacrifices rendered by the country's brave soldiers while defending the motherland were the "real lifeline of nation".
Published 06 Mar, 2017 07:01am
Nine dead in Japan helicopter crash
Asia

Nine dead in Japan helicopter crash

TOKYO; All nine people aboard a helicopter that crashed during a mountain rescue drill in Japan over the weekend were killed, police said Monday.
Published 06 Mar, 2017 06:47am
Here are the Best Moments from PSL finale
Cricket

Here are the Best Moments from PSL finale

Pakistan biggest cricket tournament the Pakistan Super League (PSL), finally concluded with much pomp and glory, after Peshawar Zalmi were crowned as the champions after beating rivals Quetta Gladiators in the finale at Lahore on Sunday.
Published 06 Mar, 2017 06:35am
North Korea fires missiles, three reach Japan waters
Front Top News

North Korea fires missiles, three reach Japan waters

SEOUL:: Nuclear-armed North Korea launched four ballistic missiles on Monday in another challenge to President Donald Trump, with three landing provocatively close to America's ally Japan.
Published 06 Mar, 2017 06:30am
'Pakistan wins today' as final passes off peacefully
Cricket

'Pakistan wins today' as final passes off peacefully

LAHORE: Pakistan on Monday hailed the successful staging of the Pakistan Super League final as a step towards restoring international cricket in the country after a deadly attack on the Sri Lankan team in 2009.
Published 06 Mar, 2017 06:03am
Mutual funds gearing for MSCI upgrade
Miscellaneous

Mutual funds gearing for MSCI upgrade

Last month was a volatile one for Pakistans equity market, as an array of negative news emerged from all sides which influenced investor sentiments and led to a choppy performance.
Published 06 Mar, 2017 05:51am
Islamic banking: beyond congratulations
Banking

Islamic banking: beyond congratulations

In an exercise of self congratulations last week, representatives from the SBP highlighted how Islamic banking has boomed in Pakistan in the last fifteen odd years.
Published 06 Mar, 2017 05:50am
ECO's energy vision: limitless potential
Miscellaneous

ECO's energy vision: limitless potential

Last week saw the Economic Cooperation Organisations (ECO) ten member countries approving the Islamabad Declaration and ECO Vision 2025 in its 13th Summit held in the federal capital.
Published 06 Mar, 2017 05:50am
Erdogan likens Germany's blocking rallies to Nazis

Erdogan likens Germany's blocking rallies to Nazis

Turkish President Recep Tayyip Erdogan lashed out at Germany on Sunday for blocking rallies in support of him ahead of an April vote on boosting his powers, likening it to Nazi practices. The attack came a day after German Chancellor Angela Merkel called
Published 06 Mar, 2017 12:00am
Bilawal pays tributes to former MPA Abdullah Murad

Bilawal pays tributes to former MPA Abdullah Murad

Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has paid rich tributes to Abdullah Murad, former PPP MPA from Karachi, on his 13th death anniversary, to be observed on Monday. In a statement here on Sunday, the PPP chairman said that Shaheed
Published 06 Mar, 2017 12:00am
Iran, Azerbaijan to join railways as part of freight route

Iran, Azerbaijan to join railways as part of freight route

Iran and neighbouring Azerbaijan agreed on Sunday to work towards completing their portion of a planned freight railway route from Europe to South Asia, Iranian state media reported. After talks between Iranian President Hassan Rouhani and his Azeri count
Published 06 Mar, 2017 12:00am
NAB chief okays 2017's training Programme

NAB chief okays 2017's training Programme

Qamar Zaman Chaudhry, Chairman National Accountability Bureau (NAB) has approved the training Programme for the year 2017. The NAB Chairman approved this while chairing a meeting to review progress of Training of Trainers (TOT) two-week workshop held for
Published 06 Mar, 2017 12:00am
Iran sees progress in Hajj talks

Iran sees progress in Hajj talks

Iran said on Sunday there had been progress in talks with Saudi Arabia on allowing citizens of the Islamic republic to join this year's hajj pilgrimage, despite some remaining issues. Iranians were barred from attending last year's Hajj after the two coun
Published 06 Mar, 2017 12:00am
Pakistan ranks 9th most obese country in world

Pakistan ranks 9th most obese country in world

Pakistan is 9th most obese country in the world while 2.1 billion or nearly 30 percent world's population is obese or overweight. Globally 88% of women who had high blood glucose during pregnancy were from low and middle income countries. 21 million women
Published 06 Mar, 2017 12:00am
Late Hamida Khuhro's political and literary services eulogised

Late Hamida Khuhro's political and literary services eulogised

Literary personalities and dignitaries paid rich tribute to noted historian and former Sindh education minister, late Dr Hamida Khuhro, for her innovative literary services in the province saying Sindh has lost one of its great historian and educationist
Published 06 Mar, 2017 12:00am
FBR harassing business community: PEW

FBR harassing business community: PEW

The Pakistan Economy Watch (PEW) on Sunday said that the FBR is harassing honest taxpayers to meet the revenue target which should be noticed. The tax authorities should be chasing those who enjoy princely lives and avoid paying any tax, it said.
Published 06 Mar, 2017 12:00am
Peshawar Zalmi win PSL championship

Peshawar Zalmi win PSL championship

The Peshawar Zalmi thrashed the Quetta Gladiators by 58 runs in the Pakistan Super League-II (PSL-II) 2017 final here at Qaddafi Stadium on Sunday. Batting first, Peshawar Zalmi scored 148/6 in allotted 20 overs. In reply Quetta Gladiators were all out at
Published 06 Mar, 2017 12:00am
Financial capital turns into 'rubbish bin'

Financial capital turns into 'rubbish bin'

Neighbours forced their way into Mohammad Umair's home battling smoke and flames in a desperate bid to rescue his young family - he and his wife survived, their children did not. The fire began in a heap of garbage which blocked the narrow alley outside t
Published 06 Mar, 2017 12:00am
Peshawar Zalmi win PSL championship

Peshawar Zalmi win PSL championship

The Peshawar Zalmi thrashed the Quetta Gladiators by 58 runs in the Pakistan Super League-II (PSL-II) 2017 final here at Qaddafi Stadium on Sunday. Batting first, Peshawar Zalmi scored 148/6 in allotted 20 overs. In reply Quetta Gladiators were all out at
Published 06 Mar, 2017 12:00am
Parachutists, singers enthrall audience at Qaddafi stadium

Parachutists, singers enthrall audience at Qaddafi stadium

Cricket fans show great respect to parachutists who made entry at Lahore's Qaddafi Stadium at the start of the Pakistan Super League (PSL) final ceremony on Sunday. Later, a two-minute documentary was shown in respect of the martyrs who laid down their li
Published 06 Mar, 2017 12:00am
Additional quantity: Industry seeks to export sugar

Additional quantity: Industry seeks to export sugar

The domestic sugar industry has sought permission to export additional quantity of 0.5 million tons of sugar without any rebate to avert default in payments to growers and dispose of surplus commodity at attractive prices in the international market, sour
Published 06 Mar, 2017 12:00am
Additional quantity: Industry seeks to export sugar

Additional quantity: Industry seeks to export sugar

The domestic sugar industry has sought permission to export additional quantity of 0.5 million tons of sugar without any rebate to avert default in payments to growers and dispose of surplus commodity at attractive prices in the international market, sour
Published 06 Mar, 2017 12:00am
PSL final in Lahore brings message of peace, unity

PSL final in Lahore brings message of peace, unity

The Pakistan Super League-II (PSL-II) final in Lahore has given message of unity of Pakistan while cricket once again brought people together. Pakistani people have passion for cricket which gets people out of their homes, on streets, in cafes, in grounds
Published 06 Mar, 2017 12:00am
Additional quantity: Industry seeks to export sugar

Additional quantity: Industry seeks to export sugar

The domestic sugar industry has sought permission to export additional quantity of 0.5 million tons of sugar without any rebate to avert default in payments to growers and dispose of surplus commodity at attractive prices in the international market, sour
Published 06 Mar, 2017 12:00am
Siraj terms cricket revival as puff of fresh air

Siraj terms cricket revival as puff of fresh air

Chief of Jamaat e Islami Pakistan, Sirajul Haq has appreciated the efforts for the revival of cricket in the country terming it a puff of fresh air in an atmosphere of tension, lawlessness and corruption. However, he said that the tickets were beyond the
Published 06 Mar, 2017 12:00am
Malaysia expels North Korea ambassador over Kim murder

Malaysia expels North Korea ambassador over Kim murder

Malaysia expelled North Korea's ambassador Saturday, giving him 48 hours to leave the country as a diplomatic row deepened over the assassination of the half-brother of Pyongyang's leader. Kim Jong-Nam, 45, was poisoned on February 13 at Kuala Lumpur Inte
Published 06 Mar, 2017 12:00am
'Nation will defeat terrorists with unity'

'Nation will defeat terrorists with unity'

Provincial Minister for Higher Education Syed Raza Ali Gillani has said that Pakistanis are live nation and will defeat terrorists with unity. He expressed these views during a speech at Punjab University Gymnasium here on Sunday where students from vario
Published 06 Mar, 2017 12:00am
Malaysia expels North Korea ambassador over Kim murder

Malaysia expels North Korea ambassador over Kim murder

Malaysia expelled North Korea's ambassador Saturday, giving him 48 hours to leave the country as a diplomatic row deepened over the assassination of the half-brother of Pyongyang's leader. Kim Jong-Nam, 45, was poisoned on February 13 at Kuala Lumpur Inte
Published 06 Mar, 2017 12:00am
Minister orders widening of three railway crossing gates

Minister orders widening of three railway crossing gates

Federal Minister for Railways Khawaja Saad Rafiq has ordered the early widening of three narrowed railway crossing gates at Sialkot city's congested areas for reducing the roads traffic load there and ensuring the smooth flow of traffic as well.
Published 06 Mar, 2017 12:00am
Separate emergency departments planned for teaching hospitals

Separate emergency departments planned for teaching hospitals

Separate Emergency Department would be established in the teaching hospitals of Punjab on the pattern of Turkish Emergency Model. For this purpose, the posts of Professor of Emergency, Associate Professor Emergency and other vacancies would be created wit
Published 06 Mar, 2017 12:00am
Prices of daily use items show mixed trend

Prices of daily use items show mixed trend

Prices of daily use items including pulses, vegetable, chicken, eggs, sugar, flour have witnessed a mixed trend during the past week as compared to the preceding week, reveals a survey carried out by Business Recorder here on Sunday.
Published 06 Mar, 2017 12:00am
Unplanned development creating problems: experts

Unplanned development creating problems: experts

Unplanned and fast urban development with poor housing structure came under discussion among the leading experts in Hyderabad on Saturday, which raised the question about the conversion of fertile land for commercial purposes that may contribute in food i
Published 06 Mar, 2017 12:00am
New rules give Japan's Abe chance to lead until 2021

New rules give Japan's Abe chance to lead until 2021

Japan's ruling party on Sunday extended term limits for its leaders, a change that gives Prime Minister Shinzo Abe a shot at becoming Japan's longest-serving post-war leader. Abe would have had to step down as party leader and prime minister in September
Published 06 Mar, 2017 12:00am
Book on Bangladesh's creation to be discussed today

Book on Bangladesh's creation to be discussed today

Speakers will discuss recently published book "Creation of Bangladesh: Myths Exploded" at a seminar in Islamabad on Monday. The panel discussion will take a broader look at the 1971's Human Tragedy & the Politics of Narrative shaping in South Asia. This b
Published 06 Mar, 2017 12:00am
Seoul to up reward to North Korean defectors with intel

Seoul to up reward to North Korean defectors with intel

South Korea will award up to one billion won (US$860,000) to defectors from the North with classified information about the reclusive state, reports said Sunday. The government currently offers up to $217,000 to defectors from the North with sensitive inf
Published 06 Mar, 2017 12:00am
PTDC to organise Buddha Heritage show in Thailand

PTDC to organise Buddha Heritage show in Thailand

Pakistan Tourism Development Corporation (PTDC) is planning to organise a Buddha Heritage exhibition in Thailand. Talking to APP, Managing Director PTDC Chaudhry Abdul Ghafoor said that the exhibition would be organised with an aim to highlight the Buddhi
Published 06 Mar, 2017 12:00am
Malik says he never met Ayyan Ali

Malik says he never met Ayyan Ali

Former Interior Minister Senator Rehman Malik has on Saturday said that he or his brother never met the model Ayyan Ali. He said that he would quit politics if Ayyan Ali said on oath that she ever met him or his brother.
Published 06 Mar, 2017 12:00am
Helicopter with nine aboard crashes in Japan

Helicopter with nine aboard crashes in Japan

A helicopter conducting a mountain rescue exercise crashed with nine local officials aboard in Japan on Sunday and at least three people are feared dead, officials and media reports said.
Published 06 Mar, 2017 12:00am
Shujaat, Zardari discuss political situation

Shujaat, Zardari discuss political situation

Head of Pakistan Muslim League-Q, Chaudhry Shujaat Hussain called on former President Asif Ali Zardari at Zardari House Islamabad on Sunday. Both leaders discussed country's political situation in detail. Former Deputy Speaker National Assembly Haji Nawaz
Published 06 Mar, 2017 12:00am
More heavy borrowing on the cards

More heavy borrowing on the cards

Secretary Finance Tariq Bajwa stated during the Senate Standing Committee on Finance chaired by Saleem Mandviwalla that the government may issue bonds in the international market as well as borrow from the external commercial sector to repay 6.5 billion d
Published 06 Mar, 2017 12:00am
Inspector martyred, four terrorists held

Inspector martyred, four terrorists held

A police inspector was martyred while a deputy superintendent of police was injured during an encounter between the counter-terrorism department (CTD) personnel and terrorists in Sahiwal on Saturday night.
Published 06 Mar, 2017 12:00am
Fata transformation

Fata transformation

Having side-stepped demands for a referendum and to declare Fata a separate province, the federal cabinet has decided to merge the Federally Administered Tribal Areas (Fata) into Khyber Pakhtunkhwa within five years. In other words, after the 2018 electio
Published 06 Mar, 2017 12:00am
Contaminated water: PTI leader urges LG minister to resign

Contaminated water: PTI leader urges LG minister to resign

Pakistan Tehreek-e-Insaf (PTI) PS-112 MPA Khurrum Sherzaman demands the resignation of Sindh Local Government Minister over the recent news that the water supply in 13 districts of Sindh is unfit for human consumption.
Published 06 Mar, 2017 12:00am
Status quo

Status quo

The status quo parties, notably the PML-N and the PPPP, have been accused of following economic policies that ensure their political status quo at the cost of their negative economic fallout: extending utilities (gas and electricity) to areas for purposes
Published 06 Mar, 2017 12:00am
Commissioners asked to gear up anti-encroachment drive

Commissioners asked to gear up anti-encroachment drive

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has directed the divisional commissioners to gear up anti-encroachment drive in their respective divisions adding that removal of encroachment in cities along roads and public properties is one of the top p
Published 06 Mar, 2017 12:00am
Khattak for early completion of power projects

Khattak for early completion of power projects

Chief Minister of Khyber Pakhtunkhwa Pervez Khattak has directed to complete the power generation projects in the province in a minimum possible time and provision of electricity to the flood affected areas in Chitral.
Published 06 Mar, 2017 12:00am
Media struggles for balance in covering hostile Trump

Media struggles for balance in covering hostile Trump

Facing a White House which has been unrelenting in its attacks on the media, news organisations are struggling to find the right balance in covering President Donald Trump's administration.
Published 06 Mar, 2017 12:00am
Jirga demands accountability in uplift projects

Jirga demands accountability in uplift projects

Deploring the alleged corruption in development projects, the Mehsud tribal Jirga on Sunday demanded of the Governor Khyber Pakhtunkhwa to ensure accountability and transparency in the development projects to curb the menace of corruption. Mehsud tribal e
Published 06 Mar, 2017 12:00am
Advances to private sector

Advances to private sector

This is apropos a Business Recorder news item "Q4CY16: Advances to private sector reach Rs410bn" carried by the newspaper on Saturday. According to it, with low interest rate and better economic conditions, advances to private sector posted a historical g
Published 06 Mar, 2017 12:00am
British envoy announces winners of UK Alumni Awards

British envoy announces winners of UK Alumni Awards

Thomas Drew, the British High Commissioner to Pakistan has announced the winners of UK Alumni Awards 2017 here at a gala award ceremony. Umar Saif was awarded the Professional Achievement Award; Ahmed Daniyal Siddiqui was awarded the Entrepreneurial achie
Published 06 Mar, 2017 12:00am
"Business in Gwadar has doubled in the last one year"

"Business in Gwadar has doubled in the last one year"

Ghulam Hussain Dashti is the President of 'Anjuman Tajran Gwadar', a body that represents small traders in the Gwadar city. As part of our recent fact-finding mission in Gwadar, BR Research also sat down with Mr. Dashti and a few other local traders. Sele
Published 06 Mar, 2017 12:00am
3D mineral survey planned in Sindh, Balochistan

3D mineral survey planned in Sindh, Balochistan

The Geological Survey of Pakistan (GSP) is expected to launch a 3D mineral survey in potential areas of Sindh and Balochistan to assess metallic mineral reserves of iron, copper, gold, silver, molybdenum. The survey will likely cost around Rs 663 million.
Published 06 Mar, 2017 12:00am
"Business in Gwadar has doubled in the last one year"

"Business in Gwadar has doubled in the last one year"

Ghulam Hussain Dashti is the President of 'Anjuman Tajran Gwadar', a body that represents small traders in the Gwadar city. As part of our recent fact-finding mission in Gwadar, BR Research also sat down with Mr. Dashti and a few other local traders. Sele
Published 06 Mar, 2017 12:00am
Senate, NA to meet today

Senate, NA to meet today

The Senate and National Assembly sessions will start at the Parliament House in Islamabad on Monday. The Senate will resume its session at three in the afternoon after two-day break. The 40th session of the National Assembly will start at four in the afte
Published 06 Mar, 2017 12:00am
Prime Minister takes aerial view of Qaddafi Stadium

Prime Minister takes aerial view of Qaddafi Stadium

Prime Minister Nawaz Sharif Sunday took aerial view of Qaddafi Stadium where final of Pakistan Super League-II (PSL) was staged. The Prime Minister, aboard a helicopter, took aerial view to witness the arrangements made for successful holding of the final
Published 06 Mar, 2017 12:00am
Sri Lanka rejects UN call for foreign judges in war probe

Sri Lanka rejects UN call for foreign judges in war probe

Sri Lankan President Maithripala Sirisena has rejected a fresh appeal from the United Nations to allow international judges to investigate alleged war-era atrocities, vowing to not prosecute soldiers.
Published 06 Mar, 2017 12:00am
Gwadar port to open new ways of economic development: Dostain

Gwadar port to open new ways of economic development: Dostain

Chairman Gwadar Port Authority Dostain Jamaldin has said that the Gwadar port has significant importance in China-Pakistan Economic Corridor project. Talking to Radio Pakistan, he said the International level trade has been started through this port and w
Published 06 Mar, 2017 12:00am
Heavy snowfall: Safed Arkari Valley cut off from rest of country

Heavy snowfall: Safed Arkari Valley cut off from rest of country

Due to heavy snowfall Safed Arkari Valley of district Chitral has been cut off from the rest of country for last one month and the residents have to travel 70 kilometer distance, littered with avalanches, on foot to reach district quarters.
Published 06 Mar, 2017 12:00am
Powerful aftershock hits Philippine city

Powerful aftershock hits Philippine city

One person was killed and 41 injured on Sunday when a powerful aftershock hit a southern Philippine city still recovering from a quake last month, authorities said The 5.9-magnitude quake struck the southern city of Surigao and surrounding areas, causing
Published 06 Mar, 2017 12:00am
China's premier rules out Taiwan, Hong Kong independence

China's premier rules out Taiwan, Hong Kong independence

China will firmly oppose Taiwan "separatism", Premier Li Keqiang declared Sunday, following tension with US President Donald Trump over the island, and said Hong Kong independence moves would "lead nowhere".
Published 06 Mar, 2017 12:00am
Postponed papers: KU notifies new dates

Postponed papers: KU notifies new dates

The Controller Examinations of the University of Karachi (KU) has notified the new dates for the postponed papers of B.A Regular and Private, which were earlier scheduled for January 20 and 21, 2017. A University announcement on Sunday said that the paper
Published 06 Mar, 2017 12:00am
Thousands flee anti-IS offensives in Iraq and Syria

Thousands flee anti-IS offensives in Iraq and Syria

Tens of thousands of civilians have fled offensives against the Islamic State group in Iraq and Syria, where the jihadists are battling to keep what remains of their territory, the UN said Sunday. IS overran large areas of both countries in 2014, declarin
Published 06 Mar, 2017 12:00am
Delegates call for early resolution of Kashmir dispute

Delegates call for early resolution of Kashmir dispute

Kashmiri delegation currently attending 34th Session of United Nations Human Rights Commission in Geneva late Saturday called on diplomats and representatives of various human rights organisations in and apprised them of the prevailing political and human
Published 06 Mar, 2017 12:00am
In day of pro-Trump rallies, California march turns violent

In day of pro-Trump rallies, California march turns violent

Supporters at a Saturday rally in favour of President Donald Trump clashed with counter-protesters in the famously left-leaning city of Berkeley, California, in what appeared to be the only episode of violence around several pro-Trump events across the co
Published 06 Mar, 2017 12:00am
Prime Minister leaves for Kuwait today

Prime Minister leaves for Kuwait today

Prime Minister Nawaz Sharif will pay a two-day official visit to Kuwait from March 6-7. He will be accompanied by Shahid Khaqan Abbasi, minister of petroleum and natural resources, Tariq Fatemi, special assistant to the prime minister on foreign affairs a
Published 06 Mar, 2017 12:00am
Thai king strips wanted monk of his rank

Thai king strips wanted monk of his rank

The former Buddhist abbot at the heart of a stand-off with authorities at Thailand's biggest temple has been stripped of his monastic rank by the king, the military government said on Sunday. The symbolic step comes more than two weeks after police surrou
Published 06 Mar, 2017 12:00am
Rand rally seen losing steam
Currency

Rand rally seen losing steam

South Africa's rand rally is probably on its last legs as positive emerging market sentiment fades and contentious issues in local politics come to the fore, a Reuters poll found on Thursday. The start of South Africa's credit ratings reviews next month,
Published 06 Mar, 2017 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (February 27 to March 03 2017).

Published 06 Mar, 2017 12:00am
As Wall Street surges, more are worried about valuation

As Wall Street surges, more are worried about valuation

The US stock market's surge since the election has reignited a debate on valuation and whether the market can go higher still after hitting some significant milestones. The Dow on Wednesday soared above 21,000 points for the first time following President
Published 06 Mar, 2017 12:00am
Global funds trim stocks, wary on French elections
Currency

Global funds trim stocks, wary on French elections

Global investors trimmed their equities exposure in February, with many arguing that markets had become too complacent about risks stemming from Europe's election calendar after a recent blistering stock market rally.
Published 06 Mar, 2017 12:00am
The Weather

The Weather

The weather report on Sunday (March 05, 2017) and the forecast for Monday (March 06, 2017).

Published 06 Mar, 2017 12:00am
Global funds trim stocks, wary on French elections
Currency

Global funds trim stocks, wary on French elections

Global investors trimmed their equities exposure in February, with many arguing that markets had become too complacent about risks stemming from Europe's election calendar after a recent blistering stock market rally.
Published 06 Mar, 2017 12:00am
US energy stocks, darlings last year, stumble in 2017

US energy stocks, darlings last year, stumble in 2017

The energy sector is the stock market's dud so far in 2017 after a banner performance in 2016, and the rest of the year may also be rocky for investors due to the unclear path for crude oil prices.
Published 06 Mar, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Inter-bank buy/sell rates for the taka against the dollar on Sunday. 79.40-79.40 (previous 79.40-79.40).
Published 06 Mar, 2017 12:00am
UK investors add to US/eurozone stocks, eye French risk

UK investors add to US/eurozone stocks, eye French risk

British fund managers raised their US and eurozone equity exposure in February, a Reuters monthly poll showed on Tuesday, but some expressed concerns about growing European political risk given the turbulent French election campaign.
Published 06 Mar, 2017 12:00am
UK investors add to US/eurozone stocks, eye French risk

UK investors add to US/eurozone stocks, eye French risk

British fund managers raised their US and eurozone equity exposure in February, a Reuters monthly poll showed on Tuesday, but some expressed concerns about growing European political risk given the turbulent French election campaign.
Published 06 Mar, 2017 12:00am
Malaysia's currency curbs boomerang on bond markets
Currency

Malaysia's currency curbs boomerang on bond markets

When Malaysia forced foreign investors in its markets not to dabble in offshore derivatives in its currency last year, its target was speculative pressure on the ringgit, but it appears to have shot itself in the foot. The ringgit was the weakest currency
Published 06 Mar, 2017 12:00am
Malaysia's currency curbs boomerang on bond markets
Currency

Malaysia's currency curbs boomerang on bond markets

When Malaysia forced foreign investors in its markets not to dabble in offshore derivatives in its currency last year, its target was speculative pressure on the ringgit, but it appears to have shot itself in the foot. The ringgit was the weakest currency
Published 06 Mar, 2017 12:00am
Nigeria plans new savings bonds aimed at retail investors

Nigeria plans new savings bonds aimed at retail investors

Nigeria plans to target retail investors with a new savings bond that will go on sale this month, the Debt Management Office said on Wednesday. Two- and three-year maturities will be offered, with interest paid quarterly. The interest rate has yet to be a
Published 06 Mar, 2017 12:00am
Nigeria plans new savings bonds aimed at retail investors

Nigeria plans new savings bonds aimed at retail investors

Nigeria plans to target retail investors with a new savings bond that will go on sale this month, the Debt Management Office said on Wednesday. Two- and three-year maturities will be offered, with interest paid quarterly. The interest rate has yet to be a
Published 06 Mar, 2017 12:00am
Tsipras warns Greek uncertainty 'not smart'

Tsipras warns Greek uncertainty 'not smart'

Drawing out Greece's troubled fiscal talks and creating uncertainty during tough times for Europe is not a smart choice, Greek Prime Minister Alexis Tsipras warned on Sunday. Greece's EU and IMF creditors have been locked for months in a stand-off over de
Published 06 Mar, 2017 12:00am
Saudi non-oil economic growth hits 18-month high

Saudi non-oil economic growth hits 18-month high

Saudi Arabia's non-oil private sector grew at its fastest pace for 18 months in February as new orders of goods and services increased sharply, although employment growth slowed, a survey of companies showed on Sunday. The seasonally adjusted Emirates NBD
Published 06 Mar, 2017 12:00am
Saudi tourism authority to loan 397 million riyals in 2017

Saudi tourism authority to loan 397 million riyals in 2017

Saudi Arabia's Commission for Tourism and National Heritage has set aside 397 million riyals ($105.86 million) for 2017 to support a new lending program for hospitality and tourism projects, according to a statement on state news agency SPA. The announcem
Published 06 Mar, 2017 12:00am
UK needs financial reserves in the tank for Brexit: Hammond

UK needs financial reserves in the tank for Brexit: Hammond

Britain's finance minister Philip Hammond said he would keep "reserves in the tank" to see the economy through its looming Brexit challenge, signalling little room for extra spending in this week's budget despite better news on borrowing.
Published 06 Mar, 2017 12:00am
Egypt's non-oil business activity shrinks
Currency

Egypt's non-oil business activity shrinks

Business activity in Egypt shrank for the 17th consecutive month in February although the pace of decline slowed from a month before, a survey showed on Sunday. The Emirates NBD Egypt Purchasing Managers' Index (PMI) for the non-oil private sector came in
Published 06 Mar, 2017 12:00am
Chinese protest against South Korea's Lotte

Chinese protest against South Korea's Lotte

Dozens of people holding Chairman Mao posters protested in China's Jilin province on Sunday, calling for a boycott of South Korean goods as part of a backlash against the country's Lotte Group. The retail giant has faced growing opposition in China since
Published 06 Mar, 2017 12:00am
Emaar appoints new chief executive

Emaar appoints new chief executive

Dubai-based developer Emaar Properties PJSC said on Sunday that it has hired a new chief executive to head development.
Published 06 Mar, 2017 12:00am
Ukraine reaches preliminary agreement with IMF

Ukraine reaches preliminary agreement with IMF

The International Monetary Fund said Saturday it had reached a preliminary agreement with Ukraine that could see the war-scarred and cashed-starved nation receive fresh aid in the first half of the year. The news was particularly good for the ex-Soviet re
Published 06 Mar, 2017 12:00am
Iraq to get $12.3 billion loan for UK contracts

Iraq to get $12.3 billion loan for UK contracts

Britain agreed on Sunday to arrange 10 billion pounds ($12.3 billion) in loans to finance infrastructure projects in Iraq over a 10 year period, a program that would only benefit British companies, an Iraqi minister said in Baghdad. The two countries sign
Published 06 Mar, 2017 12:00am
Tight market governs US housing recovery: analysts

Tight market governs US housing recovery: analysts

The US housing market, a key economic driver, is exceedingly tight, with supply struggling to meet demand as the sector recovers a decade after the housing crisis, analysts say. But persistent and pent-up demand among would-be homeowners could spur builde
Published 06 Mar, 2017 12:00am
Deutsche Bank announces eight billion euro rights issue

Deutsche Bank announces eight billion euro rights issue

Deutsche Bank is planning to raise capital, list its asset management business and realign its divisions as it seeks to reinvent itself after spending about two years dealing with past misdeeds and massive losses. The strategic revamp decided at a supervi
Published 06 Mar, 2017 12:00am
Marsh, Renshaw give Australia edge in 2nd Test

Marsh, Renshaw give Australia edge in 2nd Test

Opener Matt Renshaw said managing a challenging pitch would be the key to defeating India after his dogged half-century helped Australia take a crucial first-innings lead in the second Test on Sunday. The left-hander, who started the day on 15, made a 196
Published 06 Mar, 2017 12:00am
Kane double keeps Spurs in title hunt

Kane double keeps Spurs in title hunt

Harry Kane extended his hot streak with a blistering brace as Tottenham beat Everton 3-2 to close the gap on leaders Chelsea to seven points on Sunday. Kane opened the scoring with a thunderous first-half strike at White Hart Lane and netted again after t
Published 06 Mar, 2017 12:00am
Minnows Bangladesh see best chance to beat Sri Lanka

Minnows Bangladesh see best chance to beat Sri Lanka

Bangladesh will be hoping to improve their woeful away record with a win against an under-strength Sri Lankan side when a two-Test series against the hosts gets underway in Galle on Tuesday. The Test minnows have won just three of their 45 away matches -
Published 06 Mar, 2017 12:00am
Kynard stretches high jump title run to eight

Kynard stretches high jump title run to eight

London Olympic high jump runner-up Erik Kynard captured his eighth consecutive national title Saturday at the US Indoor Track and Field Championships while Gwen Berry and Noah Lyles set world bests. Kynard, who settled for sixth last year at the Rio Olymp
Published 06 Mar, 2017 12:00am
Querrey shocks Nadal to lift ATP Acapulco title

Querrey shocks Nadal to lift ATP Acapulco title

Unseeded American Sam Querrey stunned second-seeded Rafael Nadal 6-3, 7-6 (7/3) on Saturday to win the ATP Mexico Open and end the Spaniard's run of perfection in Acapulco. Querrey, ranked 40th in the world, fired 19 aces, backed up by powerful, precise g
Published 06 Mar, 2017 12:00am
Alpine skiing: Goggia completes Olympic test double

Alpine skiing: Goggia completes Olympic test double

Lightning struck twice as Italy's Sofia Goggia won her second World Cup event in two days with victory in the Super-G at the 2018 Winter Olympic venue on Sunday. Twenty four hours after securing her first-ever World Cup win at Jeongseon, Goggia edged out
Published 06 Mar, 2017 12:00am
Barty claims Malaysian Open title

Barty claims Malaysian Open title

Ashleigh Barty fired on all cylinders to clinch the WTA Malaysian Open title after she brushed aside Japan's Nao Hibino 6-3, 6-2 in 73 minutes in Kuala Lumpur on Sunday. The Australian, who had come through the qualifiers and only dropped a set en route t
Published 06 Mar, 2017 12:00am
Boxing: Unbeaten Thurman wins welterweight unification bout

Boxing: Unbeaten Thurman wins welterweight unification bout

WBA champ Keith Thurman defeated Danny Garcia by a split decision Saturday night to claim the WBC welterweight belt in a unification clash between a pair of unbeaten champions. Thurman successfully defended his title for the third time, winning a tactical
Published 06 Mar, 2017 12:00am
Messi makes Barca believe, Benzema leads Madrid

Messi makes Barca believe, Benzema leads Madrid

Lionel Messi dazzled with two goals and two assists as Barcelona thrashed Celta Vigo 5-0 in their first game since coach Luis Enrique announced he will leave at the end of the season. Real Madrid remain just one point behind Barca at the top of La Liga an
Published 06 Mar, 2017 12:00am
Credit Suisse sees more lending to the world's wealthy

Credit Suisse sees more lending to the world's wealthy

Credit Suisse expects higher lending to the world's wealthiest individuals will help its big bet on wealth management pay off. Around a third of the 30.2 billion Swiss francs ($29.8 billion) of net new assets taken in last year at its International Wealth
Published 06 Mar, 2017 12:00am
HKEX 2016 profit slides on weak trading volumes

HKEX 2016 profit slides on weak trading volumes

Hong Kong's stock exchange operator said on Monday its 2016 net profit fell 27 percent due to a decline in fees generated by stocks and metals trading on the bourse as it struggled to match stellar volumes seen during 2015's record rally.
Published 06 Mar, 2017 12:00am
Areva narrows losses in 2016

Areva narrows losses in 2016

The troubled French nuclear reactor builder Areva said on Wednesday that it sharply narrowed its losses last year, thanks to an ongoing restructuring programme. In the red for the sixth year in a row, Areva said it booked a bottom-line loss of 665 million
Published 06 Mar, 2017 12:00am
Areva narrows losses in 2016

Areva narrows losses in 2016

The troubled French nuclear reactor builder Areva said on Wednesday that it sharply narrowed its losses last year, thanks to an ongoing restructuring programme. In the red for the sixth year in a row, Areva said it booked a bottom-line loss of 665 million
Published 06 Mar, 2017 12:00am
Allied Irish ready to IPO, resumes dividend payments

Allied Irish ready to IPO, resumes dividend payments

Allied Irish Banks (AIB) became the first domestic-owned Irish lender to restart dividends since the financial crash almost a decade ago, proposing a 250 million euro ($263 million) payment and saying it was ready to IPO this year. Finance minister Michae
Published 06 Mar, 2017 12:00am
Allied Irish ready to IPO, resumes dividend payments

Allied Irish ready to IPO, resumes dividend payments

Allied Irish Banks (AIB) became the first domestic-owned Irish lender to restart dividends since the financial crash almost a decade ago, proposing a 250 million euro ($263 million) payment and saying it was ready to IPO this year. Finance minister Michae
Published 06 Mar, 2017 12:00am
Scotiabank's first quarter results underwhelm analysts

Scotiabank's first quarter results underwhelm analysts

Bank of Nova Scotia, Canada's third-biggest lender, reported improved first-quarter earnings that appeared to be just ahead of market expectations but which underwhelmed banking analysts. Scotiabank said net income in the first quarter to Jan.31 was C$2 b
Published 06 Mar, 2017 12:00am
Nordex to increase R&D spending

Nordex to increase R&D spending

Germany's Nordex, the world's fifth-biggest wind turbine maker, said it would raise spending on development by a quarter and could cut jobs after price pressure and project delays forced it to slash its 2018 revenue guidance.
Published 06 Mar, 2017 12:00am
Swiss Life lifts dividend after full-year profit rise

Swiss Life lifts dividend after full-year profit rise

Swiss Life boosted its dividend to 11 Swiss francs per share for 2016 after reporting a 5 percent rise in full-year net profit to 926 million Swiss francs ($915 million) on Friday. The dividend proposal was ahead of the average forecast in a Reuters analy
Published 06 Mar, 2017 12:00am
Swiss Life lifts dividend after full-year profit rise

Swiss Life lifts dividend after full-year profit rise

Swiss Life boosted its dividend to 11 Swiss francs per share for 2016 after reporting a 5 percent rise in full-year net profit to 926 million Swiss francs ($915 million) on Friday. The dividend proposal was ahead of the average forecast in a Reuters analy
Published 06 Mar, 2017 12:00am
Google rolls out AI tool to combat online trolls

Google rolls out AI tool to combat online trolls

Google on February 24 said it will begin offering media groups an artificial intelligence tool designed to stamp out incendiary comments on their websites. The programming tool, called Perspective, aims to assist editors trying to moderate discussions by
Published 06 Mar, 2017 12:00am
NTT Communications expands DDoS protection services

NTT Communications expands DDoS protection services

NTT Communications Corporation, the global data and IP services arm of Fortune Global 500 telecom leader NTT, announced February 28 that it is expanding its Distributed Denial of Service Protection Services (DPS). The expanded suite of services will enabl
Published 06 Mar, 2017 12:00am
Number of phone users to cross five billion by mid-2017

Number of phone users to cross five billion by mid-2017

The number of mobile phone users globally will surpass five billion by the middle of this year, according to a study released Monday by GSMA, the association of mobile operators. With populations in Asia, and notably India, on the rise, the number, which
Published 06 Mar, 2017 12:00am
Dumbphones survive in emerging markets

Dumbphones survive in emerging markets

Dumbphones - handsets that just make calls and send texts - were set to disappear as technology moved on, but they have survived in emerging markets and among nostalgics of simpler devices in the West. Their continued appeal was underscored on Sunday in B
Published 06 Mar, 2017 12:00am
Wearable gadgets seek permanent place in users' lives

Wearable gadgets seek permanent place in users' lives

Consumers are snapping up fitness trackers, smartwatches and other connected wearable gadgets - but huge numbers wind up in drawers unused after just a few months once the novelty wears off. "Abandonment has been a big problem with wearable products," sai
Published 06 Mar, 2017 12:00am
Birth defects jump 20 times in Zika-hit mothers: study

Birth defects jump 20 times in Zika-hit mothers: study

Pregnant women infected with the Zika virus last year were 20 times more likely to bear children with birth defects than those who gave birth prior to the epidemic, US health officials said on Thursday.
Published 06 Mar, 2017 12:00am
'Chance of El Nino at 50 percent in 2017'

'Chance of El Nino at 50 percent in 2017'

The chance of an El Nino in 2017 has increased in the last two weeks, the Australian Bureau of Meteorology (BOM) said on Tuesday, indicating a 50 percent chance the weather event resurfaces over the next six months. The BOM said the eastern Pacific Ocean
Published 06 Mar, 2017 12:00am
Dying of hunger: What is a famine?

Dying of hunger: What is a famine?

From ancient Rome to modern times, mankind has suffered devastating periods of hunger caused by drought, war or misguided politics. Last week South Sudan was declared the site of the world's first famine in six years, affecting about 100,000 people. Here
Published 06 Mar, 2017 12:00am
New research may boost availability of organs for transplant

New research may boost availability of organs for transplant

A new scientific advance could boost the number of donated organs available for transplant, and possibly reduce a critical shortage that leads to thousands of deaths each year, researchers said on Wednesday.
Published 06 Mar, 2017 12:00am
Flu drugs not harmful for unborn babies: study

Flu drugs not harmful for unborn babies: study

Unborn children suffer no harm when their mothers take flu medication during pregnancy, a study of some 700,000 women said on Wednesday. It was the largest study ever to assess the potential risks of taking oseltamivir or zanamivir (better known as Tamifl
Published 06 Mar, 2017 12:00am
UN reports Antarctica's highest temperatures on record

UN reports Antarctica's highest temperatures on record

The UN's World Meteorological Organisation published the highest temperatures on record in three Antarctic zones on Wednesday, setting a benchmark for studying how climate change is affecting this crucial region.
Published 06 Mar, 2017 12:00am
Separate Directorate General of Customs proposed for CPEC trade

Separate Directorate General of Customs proposed for CPEC trade

Pakistan Customs has proposed to establish separate Directorate General of Customs for smooth operations under China-Pakistan Economic Corridor (CPEC). The proposal on CPEC project, which the customs enforcement Karachi forwarded to the authorities concer
Published 06 Mar, 2017 12:00am
HCCI supports decision of APCTA

HCCI supports decision of APCTA

The Senior Vice President of Hyderabad Chamber of Commerce and Industry, Turab Ali Khawaja has said on Sunday that the traders of Hyderabad support the decisions of All Pakistan Chambers and Traders Associations including FBR taxation to be given under Ka
Published 06 Mar, 2017 12:00am
Businessmen suffer due to closure of Pak-Afghan border

Businessmen suffer due to closure of Pak-Afghan border

The closure of Pak-Afghan border after law and order issues has affected business activities on both sides of the border. The business of typha, wooden beams and bamboo products in Bannu has also suffered a setback after the border closure.
Published 06 Mar, 2017 12:00am
Over 3,700 illegal immigrants rounded up in 2017: Police

Over 3,700 illegal immigrants rounded up in 2017: Police

The Sindh Police on Sunday claimed to have arrested as many as 3717 illegal immigrants during the first two months of 2017 and registered cases against them. Among them 2759 foreigners were rounded up for residing in Karachi illegally.
Published 06 Mar, 2017 12:00am
ORIX Leasing Pakistan Ltd gets MAP Award

ORIX Leasing Pakistan Ltd gets MAP Award

ORIX Leasing Pakistan Limited has received Management Association of Pakistan's (MAP) 32nd Corporate Excellence Award in the Leasing & Modaraba Category for the second year in a row.
Published 06 Mar, 2017 12:00am
Pak Oman's BoD recommends eight percent cash dividend for shareholders

Pak Oman's BoD recommends eight percent cash dividend for shareholders

The 83rd meeting of the Board of Directors (BoD) of Pak Oman Investment Company (Pak Oman) was recently held in Karachi. Yahya Al-Jabri presided over the meeting where Bahauddin Khan, Managing Director Pak Oman, updated the BoD regarding the ensuing strat
Published 06 Mar, 2017 12:00am
Pak Oman's BoD recommends eight percent cash dividend for shareholders

Pak Oman's BoD recommends eight percent cash dividend for shareholders

The 83rd meeting of the Board of Directors (BoD) of Pak Oman Investment Company (Pak Oman) was recently held in Karachi. Yahya Al-Jabri presided over the meeting where Bahauddin Khan, Managing Director Pak Oman, updated the BoD regarding the ensuing strat
Published 06 Mar, 2017 12:00am
Bilawal pays tributes to former MPA Abdullah Murad

Bilawal pays tributes to former MPA Abdullah Murad

Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has paid rich tributes to Abdullah Murad, former PPP MPA from Karachi, on his 13th death anniversary, to be observed on Monday. In a statement here on Sunday, the PPP chairman said that Shaheed
Published 06 Mar, 2017 12:00am
NAB chief okays 2017's training Programme

NAB chief okays 2017's training Programme

Qamar Zaman Chaudhry, Chairman National Accountability Bureau (NAB) has approved the training Programme for the year 2017. The NAB Chairman approved this while chairing a meeting to review progress of Training of Trainers (TOT) two-week workshop held for
Published 06 Mar, 2017 12:00am
Pakistan ranks 9th most obese country in world

Pakistan ranks 9th most obese country in world

Pakistan is 9th most obese country in the world while 2.1 billion or nearly 30 percent world's population is obese or overweight. Globally 88% of women who had high blood glucose during pregnancy were from low and middle income countries. 21 million women
Published 06 Mar, 2017 12:00am
FBR harassing business community: PEW

FBR harassing business community: PEW

The Pakistan Economy Watch (PEW) on Sunday said that the FBR is harassing honest taxpayers to meet the revenue target which should be noticed. The tax authorities should be chasing those who enjoy princely lives and avoid paying any tax, it said.
Published 06 Mar, 2017 12:00am
Financial capital turns into 'rubbish bin'

Financial capital turns into 'rubbish bin'

Neighbours forced their way into Mohammad Umair's home battling smoke and flames in a desperate bid to rescue his young family - he and his wife survived, their children did not. The fire began in a heap of garbage which blocked the narrow alley outside t
Published 06 Mar, 2017 12:00am
Parachutists, singers enthrall audience at Qaddafi stadium

Parachutists, singers enthrall audience at Qaddafi stadium

Cricket fans show great respect to parachutists who made entry at Lahore's Qaddafi Stadium at the start of the Pakistan Super League (PSL) final ceremony on Sunday. Later, a two-minute documentary was shown in respect of the martyrs who laid down their li
Published 06 Mar, 2017 12:00am
PSL final in Lahore brings message of peace, unity

PSL final in Lahore brings message of peace, unity

The Pakistan Super League-II (PSL-II) final in Lahore has given message of unity of Pakistan while cricket once again brought people together. Pakistani people have passion for cricket which gets people out of their homes, on streets, in cafes, in grounds
Published 06 Mar, 2017 12:00am
Siraj terms cricket revival as puff of fresh air

Siraj terms cricket revival as puff of fresh air

Chief of Jamaat e Islami Pakistan, Sirajul Haq has appreciated the efforts for the revival of cricket in the country terming it a puff of fresh air in an atmosphere of tension, lawlessness and corruption. However, he said that the tickets were beyond the
Published 06 Mar, 2017 12:00am
'Nation will defeat terrorists with unity'

'Nation will defeat terrorists with unity'

Provincial Minister for Higher Education Syed Raza Ali Gillani has said that Pakistanis are live nation and will defeat terrorists with unity. He expressed these views during a speech at Punjab University Gymnasium here on Sunday where students from vario
Published 06 Mar, 2017 12:00am
Minister orders widening of three railway crossing gates

Minister orders widening of three railway crossing gates

Federal Minister for Railways Khawaja Saad Rafiq has ordered the early widening of three narrowed railway crossing gates at Sialkot city's congested areas for reducing the roads traffic load there and ensuring the smooth flow of traffic as well.
Published 06 Mar, 2017 12:00am
New rules give Japan's Abe chance to lead until 2021

New rules give Japan's Abe chance to lead until 2021

Japan's ruling party on Sunday extended term limits for its leaders, a change that gives Prime Minister Shinzo Abe a shot at becoming Japan's longest-serving post-war leader. Abe would have had to step down as party leader and prime minister in September
Published 06 Mar, 2017 12:00am
Seoul to up reward to North Korean defectors with intel

Seoul to up reward to North Korean defectors with intel

South Korea will award up to one billion won (US$860,000) to defectors from the North with classified information about the reclusive state, reports said Sunday. The government currently offers up to $217,000 to defectors from the North with sensitive inf
Published 06 Mar, 2017 12:00am
Helicopter with nine aboard crashes in Japan

Helicopter with nine aboard crashes in Japan

A helicopter conducting a mountain rescue exercise crashed with nine local officials aboard in Japan on Sunday and at least three people are feared dead, officials and media reports said.
Published 06 Mar, 2017 12:00am
More heavy borrowing on the cards

More heavy borrowing on the cards

Secretary Finance Tariq Bajwa stated during the Senate Standing Committee on Finance chaired by Saleem Mandviwalla that the government may issue bonds in the international market as well as borrow from the external commercial sector to repay 6.5 billion d
Published 06 Mar, 2017 12:00am
Fata transformation

Fata transformation

Having side-stepped demands for a referendum and to declare Fata a separate province, the federal cabinet has decided to merge the Federally Administered Tribal Areas (Fata) into Khyber Pakhtunkhwa within five years. In other words, after the 2018 electio
Published 06 Mar, 2017 12:00am
Status quo

Status quo

The status quo parties, notably the PML-N and the PPPP, have been accused of following economic policies that ensure their political status quo at the cost of their negative economic fallout: extending utilities (gas and electricity) to areas for purposes
Published 06 Mar, 2017 12:00am
Media struggles for balance in covering hostile Trump

Media struggles for balance in covering hostile Trump

Facing a White House which has been unrelenting in its attacks on the media, news organisations are struggling to find the right balance in covering President Donald Trump's administration.
Published 06 Mar, 2017 12:00am
Advances to private sector

Advances to private sector

This is apropos a Business Recorder news item "Q4CY16: Advances to private sector reach Rs410bn" carried by the newspaper on Saturday. According to it, with low interest rate and better economic conditions, advances to private sector posted a historical g
Published 06 Mar, 2017 12:00am