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Archive - 2017-03-27
First woman named to head UBL
Top News

First woman named to head UBL

KARACHI: The first woman to head a major commercial bank in Pakistan was named Monday, a landmark move in a co
Published 27 Mar, 2017 03:50pm
Bullion Prices on Monday
Markets

Bullion Prices on Monday

  KARACHI: Following were the Bullion Prices in Karachi, Hyderabad, Multan and Lahore on Monday. KARACHI: (per
Published 27 Mar, 2017 12:51pm
A Moment Of Grace by Tom Stoddart
Featured Photos

A Moment Of Grace by Tom Stoddart

‘A Moment Of Grace’ Sports, second prize singles 1993 A moment of grace and beauty in a young life dom
Published 27 Mar, 2017 11:13am
RECORDER REPORT-PSX close of day
Pakistan Top News

RECORDER REPORT-PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Monday having 48680.16 points with a negative change of
Published 27 Mar, 2017 11:06am
Calluses by Tom Stoddart
Featured Photos

Calluses by Tom Stoddart

Calluses Sports, second prize stories 1993 Calluses on the hands of a young gymnast. A
Published 27 Mar, 2017 10:59am
PM arrives in Hyderabad on day-long visit
Pakistan Top News

PM arrives in Hyderabad on day-long visit

HYDERABAD: Prime Minister Muhammad Nawaz Sharif arrived here on Monday on a day-long visit. Governor Sindh Muhammad Z
Published 27 Mar, 2017 10:33am
WWE Kane to run for Mayor
Life & Style

WWE Kane to run for Mayor

The politics in USA, could become even more colourful after it was learnt, Kane the former WWE Champion could be running
Published 27 Mar, 2017 09:35am
Hong Kong shares close lower
Financial

Hong Kong shares close lower

HONG KONG: Hong Kong stocks fell Monday in line with a regional sell-off as Donald Trump's failure to push through h
Published 27 Mar, 2017 08:25am
The Last Colony by Andrew McConnel
Featured Photos

The Last Colony by Andrew McConnel

The Last Colony Portraits, first prize stories October 31, 2009 Dada Mohammed Kehel, aged 54, in an area c
Published 27 Mar, 2017 07:56am
Patima by Boris Kaufman
Featured Photos

Patima by Boris Kaufman

Patima Portraits, second prize singles 1/12/1972 A woman from Untsukul in the Republic of Dagest
Published 27 Mar, 2017 07:23am
Good luck oil and gas!
Oil and Gas

Good luck oil and gas!

E&P firms in the country have been fidgety when it comes to earnings after the oil price crash. The E&P firm
Published 27 Mar, 2017 06:52am
Cotton Policy?
Cotton Analysis

Cotton Policy?

Last week, the Pakistan Cotton Ginners’ Association (PCGA) submitted budget proposals to the government, demanding
Published 27 Mar, 2017 06:46am
Marriyum takes strong exception to ramblings of Memon

Marriyum takes strong exception to ramblings of Memon

Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb has taken strong exception to the ramblings of Sharjeel Memon about Interior Minister Chaudhry Nisar Ali Khan.
Published 27 Mar, 2017 12:00am
Demo held against attack on cultural show

Demo held against attack on cultural show

Scores of people mostly Pakhtuns staged a demonstration on Sunday outside Karachi Press Club to denounce the violent incident that occurred in Punjab University (PU) Lahore in which 5 students were injured.
Published 27 Mar, 2017 12:00am
Two robbers killed in encounter

Two robbers killed in encounter

Two robbers were killed and arms recovered in a police encounter here on Sunday. The police on a tip-off chased a gang of robbers and approached them in Factory Area of the provincial capital Lahore. Upon sight of police, the robbers started firing and tr
Published 27 Mar, 2017 12:00am
Zardari convenes meeting to discuss award of party tickets

Zardari convenes meeting to discuss award of party tickets

With eyes on the next general elections, the Pakistan Peoples Party (PPP) has started preparatory work to bag maximum number of National Assembly seats in Punjab so as to return the corridor of power.
Published 27 Mar, 2017 12:00am
Honest leadership only available in PTI: Khattak

Honest leadership only available in PTI: Khattak

KP Chief Minister Pervez Khattak has said that the country badly needs honest leadership which is only available in the shape of PTI chief Imran Khan. Addressing public gatherings in Azakhel and Dagai, district Nowshera, he said that PTI will sweep the ge
Published 27 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. (March 20 to 24 2017).

Published 27 Mar, 2017 12:00am
The Weather

The Weather

The weather report on Sunday (March 26, 2017) and the forecast for Monday (March 27, 2017).

Published 27 Mar, 2017 12:00am
A prudent approach?
Currency

A prudent approach?

Inflation is contained, twin deficits both fiscal and current account are widened, private credit is picking up, and LSM growth seems more broad-based in the fiscal year so. Hence, rightly so SBP maintained the policy rate at 5.75 percent for fifth time i
Published 27 Mar, 2017 12:00am
A prudent approach?
Currency

A prudent approach?

Inflation is contained, twin deficits both fiscal and current account are widened, private credit is picking up, and LSM growth seems more broad-based in the fiscal year so. Hence, rightly so SBP maintained the policy rate at 5.75 percent for fifth time i
Published 27 Mar, 2017 12:00am
Slight changes
Currency

Slight changes

The rupee showed slight changes against the dollar on the money market during the week, ended on March 25, 2017. In the interbank market, the rupee did not show any significant changes in relation to the dollar for buying and selling at Rs 104.85 and Rs 1
Published 27 Mar, 2017 12:00am
Slight changes
Currency

Slight changes

The rupee showed slight changes against the dollar on the money market during the week, ended on March 25, 2017. In the interbank market, the rupee did not show any significant changes in relation to the dollar for buying and selling at Rs 104.85 and Rs 1
Published 27 Mar, 2017 12:00am
Discos: FBR eyes higher ST collection

Discos: FBR eyes higher ST collection

The Federal Board of Revenue (FBR) is strictly monitoring sales tax collection from power distribution companies (Discos) to check their input/output adjustment of sales tax and to maximise collection from power sector in the last quarter (April-June) 201
Published 27 Mar, 2017 12:00am
Discos: FBR eyes higher ST collection

Discos: FBR eyes higher ST collection

The Federal Board of Revenue (FBR) is strictly monitoring sales tax collection from power distribution companies (Discos) to check their input/output adjustment of sales tax and to maximise collection from power sector in the last quarter (April-June) 201
Published 27 Mar, 2017 12:00am
Discos: FBR eyes higher ST collection

Discos: FBR eyes higher ST collection

The Federal Board of Revenue (FBR) is strictly monitoring sales tax collection from power distribution companies (Discos) to check their input/output adjustment of sales tax and to maximise collection from power sector in the last quarter (April-June) 201
Published 27 Mar, 2017 12:00am
Positive trend witnessed

Positive trend witnessed

Pakistan Stock Exchange witnessed positive trend during the outgoing week ended March 24, 2017 on the back of fresh buying by both local and foreign investors. The benchmark KSE-100 index increased by 561.70 points on week-on-week basis and closed at 48,9
Published 27 Mar, 2017 12:00am
Positive trend witnessed

Positive trend witnessed

Pakistan Stock Exchange witnessed positive trend during the outgoing week ended March 24, 2017 on the back of fresh buying by both local and foreign investors. The benchmark KSE-100 index increased by 561.70 points on week-on-week basis and closed at 48,9
Published 27 Mar, 2017 12:00am
Positive trend witnessed

Positive trend witnessed

Pakistan Stock Exchange witnessed positive trend during the outgoing week ended March 24, 2017 on the back of fresh buying by both local and foreign investors. The benchmark KSE-100 index increased by 561.70 points on week-on-week basis and closed at 48,9
Published 27 Mar, 2017 12:00am
Futures spread down by 386bps

Futures spread down by 386bps

The futures spread declined by 386bps to 3.14 percent during the week ended March 24, 2017. Trading activities on futures counter remained thin as average daily trading volumes declined by 3.7 percent to 39.88 million shares.
Published 27 Mar, 2017 12:00am
Futures spread down by 386bps

Futures spread down by 386bps

The futures spread declined by 386bps to 3.14 percent during the week ended March 24, 2017. Trading activities on futures counter remained thin as average daily trading volumes declined by 3.7 percent to 39.88 million shares.
Published 27 Mar, 2017 12:00am
Futures spread down by 386bps

Futures spread down by 386bps

The futures spread declined by 386bps to 3.14 percent during the week ended March 24, 2017. Trading activities on futures counter remained thin as average daily trading volumes declined by 3.7 percent to 39.88 million shares.
Published 27 Mar, 2017 12:00am
Futures spread down by 386bps

Futures spread down by 386bps

The futures spread declined by 386bps to 3.14 percent during the week ended March 24, 2017. Trading activities on futures counter remained thin as average daily trading volumes declined by 3.7 percent to 39.88 million shares.
Published 27 Mar, 2017 12:00am
Qari Yasin killed in Afghanistan

Qari Yasin killed in Afghanistan

A senior Al-Qaeda commander linked to major attacks in Pakistan including the bombing of a luxury hotel and an assault on a cricket team has been killed in a drone strike in Afghanistan, Washington said Saturday. Qari Yasin, a member of the Tehrik-e-Talib
Published 27 Mar, 2017 12:00am
Qari Yasin killed in Afghanistan

Qari Yasin killed in Afghanistan

A senior Al-Qaeda commander linked to major attacks in Pakistan including the bombing of a luxury hotel and an assault on a cricket team has been killed in a drone strike in Afghanistan, Washington said Saturday. Qari Yasin, a member of the Tehrik-e-Talib
Published 27 Mar, 2017 12:00am
Muslims attacked in Gujarat

Muslims attacked in Gujarat

One person was killed and about 14 injured when violence erupted following a scuffle between Muslim and Hindu school students in Indian Prime Minister Narendra Modi's home state of Gujarat, a senior administrative official said on Sunday.
Published 27 Mar, 2017 12:00am
Muslims attacked in Gujarat

Muslims attacked in Gujarat

One person was killed and about 14 injured when violence erupted following a scuffle between Muslim and Hindu school students in Indian Prime Minister Narendra Modi's home state of Gujarat, a senior administrative official said on Sunday.
Published 27 Mar, 2017 12:00am
Shahbaz reviews healthcare programmes

Shahbaz reviews healthcare programmes

Punjab Chief Minister Mian Shahbaz Sharif presided over a meeting here on Sunday to overview programmes related to provision of modern and quality medical facilities for the people of Punjab. Addressing the meeting, the Chief Minister said that it is the
Published 27 Mar, 2017 12:00am
Le Pen says the EU 'will die', globalists to be defeated

Le Pen says the EU 'will die', globalists to be defeated

The European Union will disappear, French presidential candidate Marine Le Pen told a rally on Sunday, aiming to re-enthuse core supporters in the final four weeks before voting gets underway.
Published 27 Mar, 2017 12:00am
Maldives exiled leader Nasheed vows to take parliament

Maldives exiled leader Nasheed vows to take parliament

The exiled former leader of the Maldives Sunday announced plans to take control of the national parliament after hammering out a rare unity pact with his politically influential erstwhile enemies.
Published 27 Mar, 2017 12:00am
One killed and 14 wounded in Ohio nightclub shooting

One killed and 14 wounded in Ohio nightclub shooting

One person was killed and 14 others wounded early Sunday in a shooting at a packed nightclub in Cincinnati, Ohio, police reported. Authorities initially said there were at least two shooters, but assistant Cincinnati police chief Paul Neudigate said in a
Published 27 Mar, 2017 12:00am
One killed and 14 wounded in Ohio nightclub shooting

One killed and 14 wounded in Ohio nightclub shooting

One person was killed and 14 others wounded early Sunday in a shooting at a packed nightclub in Cincinnati, Ohio, police reported. Authorities initially said there were at least two shooters, but assistant Cincinnati police chief Paul Neudigate said in a
Published 27 Mar, 2017 12:00am
NFC members from Balochistan, KP criticise federal government

NFC members from Balochistan, KP criticise federal government

Members of National Finance Commission from Balochistan and Khyber Pakhtunkhwa have accused Nawaz Sharif-led administration of lacking interest in federalism and of supporting a centralised non-transparent decision-making process.
Published 27 Mar, 2017 12:00am
NFC members from Balochistan, KP criticise federal government

NFC members from Balochistan, KP criticise federal government

Members of National Finance Commission from Balochistan and Khyber Pakhtunkhwa have accused Nawaz Sharif-led administration of lacking interest in federalism and of supporting a centralised non-transparent decision-making process.
Published 27 Mar, 2017 12:00am
NFC members from Balochistan, KP criticise federal government

NFC members from Balochistan, KP criticise federal government

Members of National Finance Commission from Balochistan and Khyber Pakhtunkhwa have accused Nawaz Sharif-led administration of lacking interest in federalism and of supporting a centralised non-transparent decision-making process.
Published 27 Mar, 2017 12:00am
PTI irked by issuance of NOC to Raheel

PTI irked by issuance of NOC to Raheel

Pakistan Tehreek-e-Insaaf (PTI) has announced that it will take up in the parliament the issue of granting no objection certificate (NOC) to former Army Chief General Raheel Sharif to assume the command of Saudi-led military coalition.
Published 27 Mar, 2017 12:00am
PTI irked by issuance of NOC to Raheel

PTI irked by issuance of NOC to Raheel

Pakistan Tehreek-e-Insaaf (PTI) has announced that it will take up in the parliament the issue of granting no objection certificate (NOC) to former Army Chief General Raheel Sharif to assume the command of Saudi-led military coalition.
Published 27 Mar, 2017 12:00am
OPEC, non-OPEC to look at extending oil-output cut by six months

OPEC, non-OPEC to look at extending oil-output cut by six months

A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday. An earlier draft of the statement said the committee "repo
Published 27 Mar, 2017 12:00am
OPEC, non-OPEC to look at extending oil-output cut by six months

OPEC, non-OPEC to look at extending oil-output cut by six months

A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday. An earlier draft of the statement said the committee "repo
Published 27 Mar, 2017 12:00am
OPEC, non-OPEC to look at extending oil-output cut by six months

OPEC, non-OPEC to look at extending oil-output cut by six months

A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday. An earlier draft of the statement said the committee "repo
Published 27 Mar, 2017 12:00am
Appointment of CEO PBIT: eligibility criteria relaxed

Appointment of CEO PBIT: eligibility criteria relaxed

The Punjab government has reportedly tailored eligibility criteria to select the son of a bureaucrat as Chief Executive Officer (CEO) of Punjab Board of Investment and Trade (PBIT), well informed sources told Business Recorder
Published 27 Mar, 2017 12:00am
PP-23 by-election: PPP candidates withdrawn in favour of PTI candidate

PP-23 by-election: PPP candidates withdrawn in favour of PTI candidate

Pakistan People's Party four candidates who have filed their nomination papers for the by-election of PP-23 have withdrawn their nomination papers in favour of PTI candidate Sultan Surkhru, as a dialogue between the high command of Pakistan People's Party
Published 27 Mar, 2017 12:00am
South-Punjab industry exempted from loadshedding: MEPCO

South-Punjab industry exempted from loadshedding: MEPCO

Meeting an outstanding demand of local manufacturers, the Chief Executive Officer (CEO) of MEPCO Masud Salahuddin has exempted the industry of load shedding in Southern Punjab and Multan Electric Power Company (MEPCO) has declared all the 129 industrial f
Published 27 Mar, 2017 12:00am
Turkish delegation calls on CM Punjab

Turkish delegation calls on CM Punjab

A high-level delegation from Turkish Health Ministry called on Chief Minister Punjab Muhammad Shahbaz Sharif here on Sunday. The delegation was led by Turkish Health Ministry Managing Director for International Health Policies Selami Kilic. The Turkish de
Published 27 Mar, 2017 12:00am
DHA Lahore celebrates Jashan-e-Baharan

DHA Lahore celebrates Jashan-e-Baharan

An elegant Jashan-e-Baharan concluded here on Sunday organized by DHA Lahore. Prize distribution ceremony was held at 'H' Park Phase 6 DHA. The colorful ceremony was attended by a large number of floriculture lovers across the city, residents, notables an
Published 27 Mar, 2017 12:00am
Ahsan, Shahbaz discuss uplift projects

Ahsan, Shahbaz discuss uplift projects

Federal Minister for Planning, Development & Reforms Ahsan Iqbal called on Chief Minister Punjab Shahbaz Sharif here on Sunday and exchanged words on the progress of different development projects particularly China Pakistan Economic Corridor Project. Whi
Published 27 Mar, 2017 12:00am
KP CM condoles death of minister's mother

KP CM condoles death of minister's mother

Chief Minister Khyber Pakhtunkhwa Pervez Khattak visited Ghani Bagh, Abbotabad on Sunday and condoled the death of mother of Mushtaq Ahmed Ghani, Advisor to the CM Khyber Pakhtunkhwa for Information and Higher Education. She breathed her last on Saturday
Published 27 Mar, 2017 12:00am
PTDC to develop amusement park in Shakarparian

PTDC to develop amusement park in Shakarparian

Pakistan Tourism Development Corporation (PTDC) would develop an amusement park and golf course over 25 acres of land in Shakarparian soon with the assistance of Vega. Talking to APP, PTDC Managing Director Abdul Ghafoor said Vega Modern Tourism Solutions
Published 27 Mar, 2017 12:00am
Corruption case: nation expects justice from apex court: Siraj

Corruption case: nation expects justice from apex court: Siraj

Ameer, Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has expressed the hope that apex court's decision in the corruption case would be in support of the masses. He said the nation was expecting justice from the apex judiciary and was keenly waiting the
Published 27 Mar, 2017 12:00am
OIC delegation due today

OIC delegation due today

A high-ranking delegation of the OIC Independent Permanent Human Rights Commission arrives in Pakistan on Monday. According to Foreign Office, the 8-member delegation will be led by its Chairperson of the Commission Med S Kaggwa.
Published 27 Mar, 2017 12:00am
PRM conducts survey to boost economic activity in South Punjab

PRM conducts survey to boost economic activity in South Punjab

Pakistan Resident Mission (PRM) of Asian Development Bank Farzana Naushab said, "we are conducting survey in South Punjab to enhance the economic activities in the area for development, prosperity and to resolve other issues."
Published 27 Mar, 2017 12:00am
Sialkot Chamber submits budget proposals for 2017-18

Sialkot Chamber submits budget proposals for 2017-18

Sialkot Chamber of Commerce and Industry (SCCI) has submitted its budget proposals for 2017-18. The SCCI had prepared the proposals with the consultation of business community of Sialkot.
Published 27 Mar, 2017 12:00am
Nine Afghans, six outlaws arrested in Islamabad

Nine Afghans, six outlaws arrested in Islamabad

Islamabad police have arrested nine Afghan nationals, for their illegal stay in country, and six other outlaws from various areas of the city, a police spokesman said.
Published 27 Mar, 2017 12:00am
Punjab government for promotion of small-scale industries

Punjab government for promotion of small-scale industries

Punjab government has formulated a strategy for the promotion and expansion of small-scale industries including agro-based industries in the province. The work on the proposed programme will carried out in next fiscal year.
Published 27 Mar, 2017 12:00am
Pakistan and Afghanistan track II dialogue begins today

Pakistan and Afghanistan track II dialogue begins today

Pakistan and Afghan members of the parliament, former officials, members of the civil society, and media persons will begin three-day dialogue in Islamabad from Monday to explore ways to bring the two countries closer, organisers said Sunday. The Center f
Published 27 Mar, 2017 12:00am
Border management with Afghanistan critical for peace: Zardari

Border management with Afghanistan critical for peace: Zardari

President Pakistan People's Party Parliamentarians (PPPP), Asif Ali Zardari has said that border management with Afghanistan with mutual consultation is critical for addressing issues of militancy and terrorism and for peace in the region.
Published 27 Mar, 2017 12:00am
2018 elections: PPP will get back its lost glory in Punjab: Zardari

2018 elections: PPP will get back its lost glory in Punjab: Zardari

Former president and Pakistan People's Party chairperson Asif Ali Zardari on Sunday said that the PPP is ready for the next elections. He briefly addressed the media in Lahore after attending a luncheon hosted in his honour by PPP's Nadeem Afzal Chan.
Published 27 Mar, 2017 12:00am
Muqam slams KP government for misusing public funds

Muqam slams KP government for misusing public funds

Advisor to Prime Minister, and Pakistan Muslim League-N Central Senior Vice President, Engr Amir Muqam has criticized the Khyber Pakhtunkhwa government for using public wealth and helicopter for party affairs and election campaigns. He was addressing a pr
Published 27 Mar, 2017 12:00am
ICCI asks government to settle circular debt immediately

ICCI asks government to settle circular debt immediately

Government should immediately settle issue of circular debt otherwise it will leave PSO bankrupt. Although disrupting import of oil and gas which will damage economy and reverse all the economic gains, a business leader said.
Published 27 Mar, 2017 12:00am
Sharp increase in vegetable, poultry prices witnessed

Sharp increase in vegetable, poultry prices witnessed

An overall sudden increase in the prices of vegetables and poultry has been seen across the country while the authorities are keeping a mum and no steps taken to ensure improvement in supply chain. The prices of tomatoes have reached Rs 130 per kilogram a
Published 27 Mar, 2017 12:00am
PM to address PML-N convention today

PM to address PML-N convention today

The Pakistan Muslim League-Nawaz (PML-N) Sindh chapter's vice president Syed Shah Muhammad Shah has said Prime Minister Nawaz Sharif will announce many development projects for Hyderabad at the party convention in the city on Monday (today).
Published 27 Mar, 2017 12:00am
KP AG, AIGP discuss legal, professional issues

KP AG, AIGP discuss legal, professional issues

The Advocate General (AG) of Khyber Pakhtunkhwa Abdul Latif Yusufzai called on the Acting Inspector General of Police Khyber Pakhtunkhwa Syed Akhtar Ali Shah at CPO Peshawar the other day. During the meeting both discussed police force professional and le
Published 27 Mar, 2017 12:00am
Eight held for not allowing children to have polio drops

Eight held for not allowing children to have polio drops

On the directives of Deputy Commissioner (DC), Saqib Raza Aslam, eight teams comprising officials of the district administration carried out door-to-door anti-polio campaign in Shaheen Muslim Town, a high risk area of polio disease and administered polio
Published 27 Mar, 2017 12:00am
Dar for facilitating overseas Pakistani investors

Dar for facilitating overseas Pakistani investors

Finance Minister Senator Mohammad Ishaq Dar on Sunday said overseas Pakistanis were keen to take advantage of investment opportunities in the country and the only need was to facilitate them in all possible ways.
Published 27 Mar, 2017 12:00am
Victimisation, deprivation undermine Pakhtuns' status: Sherpao

Victimisation, deprivation undermine Pakhtuns' status: Sherpao

Chairman of Qaumi Watan Party Aftab Ahmed Khan Sherpao has said that the victimisation and deprivation of Pakhtoons' rights have undermined their status and aggravated the problems that are not acceptable at any cost.
Published 27 Mar, 2017 12:00am
Parliamentary delegation arrives in Ankara

Parliamentary delegation arrives in Ankara

An 11-member parliamentary delegation led by Speaker National Assembly of Pakistan Sardar Ayaz Sadiq Sunday reached Ankara. According to a message received here, Secretary General of the Turkish Parliament Mehmet Ali Kumbuzoglu, Chairman of Turkey-Pakista
Published 27 Mar, 2017 12:00am
Bulgaria's former Prime Minister Borisov bounces back

Bulgaria's former Prime Minister Borisov bounces back

Boyko Borisov, the karate-chopping comeback specialist of Bulgarian politics, looked to have done it again Sunday as exit polls from a snap election put his pro-EU centre-right party in first place.
Published 27 Mar, 2017 12:00am
Kagame hails Rwanda-Israel bond at Washington forum

Kagame hails Rwanda-Israel bond at Washington forum

Rwanda's President Paul Kagame became the first African leader to address Washington's biggest pro-Israel forum Sunday, hailing the Jewish state as an inspiration for his own country's rebirth after genocide. Kagame was commander of the rebel force that p
Published 27 Mar, 2017 12:00am
Kagame hails Rwanda-Israel bond at Washington forum

Kagame hails Rwanda-Israel bond at Washington forum

Rwanda's President Paul Kagame became the first African leader to address Washington's biggest pro-Israel forum Sunday, hailing the Jewish state as an inspiration for his own country's rebirth after genocide. Kagame was commander of the rebel force that p
Published 27 Mar, 2017 12:00am
Hollande seeks to boost ties with Asia in face of 'isolationism'

Hollande seeks to boost ties with Asia in face of 'isolationism'

French President Francois Hollande called Sunday for efforts to intensify the relationship between Europe and Asia in the face of resurgent "isolationism". He was speaking in Singapore, the first stage of the last international tour of his five-year term
Published 27 Mar, 2017 12:00am
Sudan, Saudi Arabia to hold first joint air force drill

Sudan, Saudi Arabia to hold first joint air force drill

Sudan said Sunday it will begin this week a joint air force drill with Saudi Arabia, the first such manoeuvres since Khartoum allied with Riyadh after breaking ties with Tehran in 2015. The exercises will be held from March 29 until April 12 in Meroe, nor
Published 27 Mar, 2017 12:00am
A prudent approach?
Currency

A prudent approach?

Inflation is contained, twin deficits both fiscal and current account are widened, private credit is picking up, and LSM growth seems more broad-based in the fiscal year so. Hence, rightly so SBP maintained the policy rate at 5.75 percent for fifth time i
Published 27 Mar, 2017 12:00am
A prudent approach?
Currency

A prudent approach?

Inflation is contained, twin deficits both fiscal and current account are widened, private credit is picking up, and LSM growth seems more broad-based in the fiscal year so. Hence, rightly so SBP maintained the policy rate at 5.75 percent for fifth time i
Published 27 Mar, 2017 12:00am
Iraqis remove bodies from rubble in west Mosul

Iraqis remove bodies from rubble in west Mosul

Iraqi civil defence forces and volunteers removed bodies from the rubble of houses on Sunday in a west Mosul area where air strikes reportedly took a devastating toll on civilians. Hundreds of thousands of civilians are still trapped in Mosul, caught betw
Published 27 Mar, 2017 12:00am
Slight changes
Currency

Slight changes

The rupee showed slight changes against the dollar on the money market during the week, ended on March 25, 2017. In the interbank market, the rupee did not show any significant changes in relation to the dollar for buying and selling at Rs 104.85 and Rs 1
Published 27 Mar, 2017 12:00am
Iran to sanction 15 US companies for Israel ties

Iran to sanction 15 US companies for Israel ties

Iran said Sunday it will impose sanctions on 15 US companies for supporting Israel's "terrorist actions" as part of reprisals for the increasing pressure being announced by Washington lawmakers. The decision, which is largely symbolic since the firms do n
Published 27 Mar, 2017 12:00am
Slight changes
Currency

Slight changes

The rupee showed slight changes against the dollar on the money market during the week, ended on March 25, 2017. In the interbank market, the rupee did not show any significant changes in relation to the dollar for buying and selling at Rs 104.85 and Rs 1
Published 27 Mar, 2017 12:00am
Pentagon enjoying greater leeway under Trump

Pentagon enjoying greater leeway under Trump

The Pentagon under President Donald Trump is enjoying greater freedom to run its wars the way it wants - and not constantly seek White House approval on important decisions. Many in the military appreciate this increased autonomy, but critics charge it is
Published 27 Mar, 2017 12:00am
Discos: FBR eyes higher ST collection

Discos: FBR eyes higher ST collection

The Federal Board of Revenue (FBR) is strictly monitoring sales tax collection from power distribution companies (Discos) to check their input/output adjustment of sales tax and to maximise collection from power sector in the last quarter (April-June) 201
Published 27 Mar, 2017 12:00am
One dead as 1,000 migrants rescued off Libya

One dead as 1,000 migrants rescued off Libya

One woman was found dead while aid groups said Sunday around 1,000 migrants were rescued overnight off the Libyan coast, the latest victim among growing numbers seeking to reach Europe.
Published 27 Mar, 2017 12:00am
Discos: FBR eyes higher ST collection

Discos: FBR eyes higher ST collection

The Federal Board of Revenue (FBR) is strictly monitoring sales tax collection from power distribution companies (Discos) to check their input/output adjustment of sales tax and to maximise collection from power sector in the last quarter (April-June) 201
Published 27 Mar, 2017 12:00am
Discos: FBR eyes higher ST collection

Discos: FBR eyes higher ST collection

The Federal Board of Revenue (FBR) is strictly monitoring sales tax collection from power distribution companies (Discos) to check their input/output adjustment of sales tax and to maximise collection from power sector in the last quarter (April-June) 201
Published 27 Mar, 2017 12:00am
Positive trend witnessed

Positive trend witnessed

Pakistan Stock Exchange witnessed positive trend during the outgoing week ended March 24, 2017 on the back of fresh buying by both local and foreign investors. The benchmark KSE-100 index increased by 561.70 points on week-on-week basis and closed at 48,9
Published 27 Mar, 2017 12:00am
World stocks seen as most overvalued in 17 years

World stocks seen as most overvalued in 17 years

World stocks are their most expensive in 17 years, but bond yields will need to be much higher than they are currently to trigger an equity bear market, a monthly fund manager survey showed on Tuesday.
Published 27 Mar, 2017 12:00am
Positive trend witnessed

Positive trend witnessed

Pakistan Stock Exchange witnessed positive trend during the outgoing week ended March 24, 2017 on the back of fresh buying by both local and foreign investors. The benchmark KSE-100 index increased by 561.70 points on week-on-week basis and closed at 48,9
Published 27 Mar, 2017 12:00am
China eyes 'consistent' green bond standards to lure more investment

China eyes 'consistent' green bond standards to lure more investment

China will make its green bond standards more consistent with international criteria to help attract more investment, Ma Jun, chief economist of the central bank, said on Wednesday. China needs at least 2 trillion yuan ($290.41 billion) of green investmen
Published 27 Mar, 2017 12:00am
Positive trend witnessed

Positive trend witnessed

Pakistan Stock Exchange witnessed positive trend during the outgoing week ended March 24, 2017 on the back of fresh buying by both local and foreign investors. The benchmark KSE-100 index increased by 561.70 points on week-on-week basis and closed at 48,9
Published 27 Mar, 2017 12:00am
China eyes 'consistent' green bond standards to lure more investment

China eyes 'consistent' green bond standards to lure more investment

China will make its green bond standards more consistent with international criteria to help attract more investment, Ma Jun, chief economist of the central bank, said on Wednesday. China needs at least 2 trillion yuan ($290.41 billion) of green investmen
Published 27 Mar, 2017 12:00am
Futures spread down by 386bps

Futures spread down by 386bps

The futures spread declined by 386bps to 3.14 percent during the week ended March 24, 2017. Trading activities on futures counter remained thin as average daily trading volumes declined by 3.7 percent to 39.88 million shares.
Published 27 Mar, 2017 12:00am
Futures spread down by 386bps

Futures spread down by 386bps

The futures spread declined by 386bps to 3.14 percent during the week ended March 24, 2017. Trading activities on futures counter remained thin as average daily trading volumes declined by 3.7 percent to 39.88 million shares.
Published 27 Mar, 2017 12:00am
US money market assets fall after Fed raises rates

US money market assets fall after Fed raises rates

US money market fund assets recorded their biggest weekly drop in two months following the Federal Reserve's widely expected interest rate by a quarter percentage point last week, the Money Fund Report said on Wednesday.
Published 27 Mar, 2017 12:00am
Futures spread down by 386bps

Futures spread down by 386bps

The futures spread declined by 386bps to 3.14 percent during the week ended March 24, 2017. Trading activities on futures counter remained thin as average daily trading volumes declined by 3.7 percent to 39.88 million shares.
Published 27 Mar, 2017 12:00am
US money market assets fall after Fed raises rates

US money market assets fall after Fed raises rates

US money market fund assets recorded their biggest weekly drop in two months following the Federal Reserve's widely expected interest rate by a quarter percentage point last week, the Money Fund Report said on Wednesday.
Published 27 Mar, 2017 12:00am
Futures spread down by 386bps

Futures spread down by 386bps

The futures spread declined by 386bps to 3.14 percent during the week ended March 24, 2017. Trading activities on futures counter remained thin as average daily trading volumes declined by 3.7 percent to 39.88 million shares.
Published 27 Mar, 2017 12:00am
Middle East markets mixed 0as Saudi fails to keep reform-related gains

Middle East markets mixed 0as Saudi fails to keep reform-related gains

Middle East stock markets were mixed in mostly thin trade on Sunday, with Saudi Arabia giving up early gains triggered by progress in reforms that could help it to join MSCI's emerging market index. The Saudi index rose as much as 0.5 percent in early tra
Published 27 Mar, 2017 12:00am
US bond market outlook at odds with stock market optimism

US bond market outlook at odds with stock market optimism

US Treasury bond yields are set to rise this year, but not as much as many currently expected, according to a Reuters poll of top fixed-income strategists who appear skeptical the Federal Reserve will manage to raise rates several times more this year.
Published 27 Mar, 2017 12:00am
Qari Yasin killed in Afghanistan

Qari Yasin killed in Afghanistan

A senior Al-Qaeda commander linked to major attacks in Pakistan including the bombing of a luxury hotel and an assault on a cricket team has been killed in a drone strike in Afghanistan, Washington said Saturday. Qari Yasin, a member of the Tehrik-e-Talib
Published 27 Mar, 2017 12:00am
US bond market outlook at odds with stock market optimism

US bond market outlook at odds with stock market optimism

US Treasury bond yields are set to rise this year, but not as much as many currently expected, according to a Reuters poll of top fixed-income strategists who appear skeptical the Federal Reserve will manage to raise rates several times more this year.
Published 27 Mar, 2017 12:00am
Qari Yasin killed in Afghanistan

Qari Yasin killed in Afghanistan

A senior Al-Qaeda commander linked to major attacks in Pakistan including the bombing of a luxury hotel and an assault on a cricket team has been killed in a drone strike in Afghanistan, Washington said Saturday. Qari Yasin, a member of the Tehrik-e-Talib
Published 27 Mar, 2017 12:00am
Misconduct rife in derivatives

Misconduct rife in derivatives

A "massive amount of misconduct" in futures, options and swaps markets goes undetected because of insufficient data mining, Aitan Goelman, who until last month was enforcement chief for the top US derivatives regulator, said in an interview. Goelman said
Published 27 Mar, 2017 12:00am
Muslims attacked in Gujarat

Muslims attacked in Gujarat

One person was killed and about 14 injured when violence erupted following a scuffle between Muslim and Hindu school students in Indian Prime Minister Narendra Modi's home state of Gujarat, a senior administrative official said on Sunday.
Published 27 Mar, 2017 12:00am
Misconduct rife in derivatives

Misconduct rife in derivatives

A "massive amount of misconduct" in futures, options and swaps markets goes undetected because of insufficient data mining, Aitan Goelman, who until last month was enforcement chief for the top US derivatives regulator, said in an interview. Goelman said
Published 27 Mar, 2017 12:00am
Muslims attacked in Gujarat

Muslims attacked in Gujarat

One person was killed and about 14 injured when violence erupted following a scuffle between Muslim and Hindu school students in Indian Prime Minister Narendra Modi's home state of Gujarat, a senior administrative official said on Sunday.
Published 27 Mar, 2017 12:00am
China will open more to investors, but others must be fair: central bank

China will open more to investors, but others must be fair: central bank

China will substantially cut the number of sectors closed to foreign investment, its central bank governor said on Sunday. But Zhou Xiochuan of the People's Bank of China (PBOC) also said that as his country opens wider, "we want China to get fair treatme
Published 27 Mar, 2017 12:00am
Shahbaz reviews healthcare programmes

Shahbaz reviews healthcare programmes

Punjab Chief Minister Mian Shahbaz Sharif presided over a meeting here on Sunday to overview programmes related to provision of modern and quality medical facilities for the people of Punjab. Addressing the meeting, the Chief Minister said that it is the
Published 27 Mar, 2017 12:00am
Switzerland extends ban on meat from Brazilian processing plants

Switzerland extends ban on meat from Brazilian processing plants

Switzerland has extended a ban on Brazilian meat to 21 processing plants from four as part of Europe-wide safety measures, Swiss authorities said on Sunday. EU veterinary experts recommended reinforced checks on imports of meat from Brazil on Friday after
Published 27 Mar, 2017 12:00am
Le Pen says the EU 'will die', globalists to be defeated

Le Pen says the EU 'will die', globalists to be defeated

The European Union will disappear, French presidential candidate Marine Le Pen told a rally on Sunday, aiming to re-enthuse core supporters in the final four weeks before voting gets underway.
Published 27 Mar, 2017 12:00am
Maldives exiled leader Nasheed vows to take parliament

Maldives exiled leader Nasheed vows to take parliament

The exiled former leader of the Maldives Sunday announced plans to take control of the national parliament after hammering out a rare unity pact with his politically influential erstwhile enemies.
Published 27 Mar, 2017 12:00am
Brazil protesters demand anti-corruption drive go 'all the way'

Brazil protesters demand anti-corruption drive go 'all the way'

Brazilians furious at corruption took to the streets Sunday to support a politically explosive probe into high-level embezzlement and bribery. The long-planned day of nation-wide demonstrations kicked off in the capital Brasilia and Rio de Janeiro, with t
Published 27 Mar, 2017 12:00am
One killed and 14 wounded in Ohio nightclub shooting

One killed and 14 wounded in Ohio nightclub shooting

One person was killed and 14 others wounded early Sunday in a shooting at a packed nightclub in Cincinnati, Ohio, police reported. Authorities initially said there were at least two shooters, but assistant Cincinnati police chief Paul Neudigate said in a
Published 27 Mar, 2017 12:00am
Li in New Zealand for trade talks

Li in New Zealand for trade talks

New Zealand said Sunday it did not plan to "choose sides" on trade between the United States and China, as Chinese Premier Li Keqiang arrived for a visit focused on the issue. Wellington in 2008 became the first developed nation to sign a free trade agree
Published 27 Mar, 2017 12:00am
One killed and 14 wounded in Ohio nightclub shooting

One killed and 14 wounded in Ohio nightclub shooting

One person was killed and 14 others wounded early Sunday in a shooting at a packed nightclub in Cincinnati, Ohio, police reported. Authorities initially said there were at least two shooters, but assistant Cincinnati police chief Paul Neudigate said in a
Published 27 Mar, 2017 12:00am
Nigeria's capital spending hits record $3.3 billion

Nigeria's capital spending hits record $3.3 billion

Capital released to Nigeria's ministries and government agencies under the 2016 budget has reached a record 1 trillion naira ($3.3 billion), the finance minister said on Sunday.
Published 27 Mar, 2017 12:00am
NFC members from Balochistan, KP criticise federal government

NFC members from Balochistan, KP criticise federal government

Members of National Finance Commission from Balochistan and Khyber Pakhtunkhwa have accused Nawaz Sharif-led administration of lacking interest in federalism and of supporting a centralised non-transparent decision-making process.
Published 27 Mar, 2017 12:00am
Nigeria's capital spending hits record $3.3 billion

Nigeria's capital spending hits record $3.3 billion

Capital released to Nigeria's ministries and government agencies under the 2016 budget has reached a record 1 trillion naira ($3.3 billion), the finance minister said on Sunday.
Published 27 Mar, 2017 12:00am
NFC members from Balochistan, KP criticise federal government

NFC members from Balochistan, KP criticise federal government

Members of National Finance Commission from Balochistan and Khyber Pakhtunkhwa have accused Nawaz Sharif-led administration of lacking interest in federalism and of supporting a centralised non-transparent decision-making process.
Published 27 Mar, 2017 12:00am
NFC members from Balochistan, KP criticise federal government

NFC members from Balochistan, KP criticise federal government

Members of National Finance Commission from Balochistan and Khyber Pakhtunkhwa have accused Nawaz Sharif-led administration of lacking interest in federalism and of supporting a centralised non-transparent decision-making process.
Published 27 Mar, 2017 12:00am
Iran to appeal seizure of 9/11 compensation money

Iran to appeal seizure of 9/11 compensation money

Iran's central bank said Sunday it will appeal Luxembourg's decision to freeze $1.6 billion of its assets, which the US is claiming as compensation for victims of the September 11, 2001 attacks. The bank also said it would take steps to curb its remaining
Published 27 Mar, 2017 12:00am
Oman agrees to deepen ties with Iran central bank

Oman agrees to deepen ties with Iran central bank

Oman's central bank has signed a memorandum of understanding with the Iranian central bank to strengthen financial and economic co-operation between the two countries, the Omani institution said on Sunday. It did not give details of the co-operation, but
Published 27 Mar, 2017 12:00am
Spain Prime Minister backs economy minister for Eurogroup head

Spain Prime Minister backs economy minister for Eurogroup head

Spain's economy minister would be a good head of the Eurogroup of eurozone finance ministers, Spanish Prime Minister Mariano Rajoy said Sunday as the current chair faces calls to resign. Eurogroup chief Jeroen Dijsselbloem, who is also Dutch finance minis
Published 27 Mar, 2017 12:00am
Gulf Arab states push for UK free trade deal after Brexit

Gulf Arab states push for UK free trade deal after Brexit

Gulf Arab states are pressing for an early deal on free trade with Britain to secure preferential arrangements after Brexit, and could have a draft agreement ready within months, Gulf officials say.
Published 27 Mar, 2017 12:00am
PTI irked by issuance of NOC to Raheel

PTI irked by issuance of NOC to Raheel

Pakistan Tehreek-e-Insaaf (PTI) has announced that it will take up in the parliament the issue of granting no objection certificate (NOC) to former Army Chief General Raheel Sharif to assume the command of Saudi-led military coalition.
Published 27 Mar, 2017 12:00am
Joint Saudi-Kuwait oilfields to resume operations

Joint Saudi-Kuwait oilfields to resume operations

Two oilfields run jointly by Saudi Arabia and Kuwait will resume operations within two months after a years-long shutdown spurred by a row between the producers, a minister said Sunday.
Published 27 Mar, 2017 12:00am
PTI irked by issuance of NOC to Raheel

PTI irked by issuance of NOC to Raheel

Pakistan Tehreek-e-Insaaf (PTI) has announced that it will take up in the parliament the issue of granting no objection certificate (NOC) to former Army Chief General Raheel Sharif to assume the command of Saudi-led military coalition.
Published 27 Mar, 2017 12:00am
Uber grounds self-driving cars after accident

Uber grounds self-driving cars after accident

Uber has grounded its fleet of self-driving cars pending an investigation into the crash of an Uber autonomous vehicle in Arizona, a spokesperson for the car-hailing service said Sunday. No one was seriously injured in the accident which occurred Friday i
Published 27 Mar, 2017 12:00am
OPEC, non-OPEC to look at extending oil-output cut by six months

OPEC, non-OPEC to look at extending oil-output cut by six months

A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday. An earlier draft of the statement said the committee "repo
Published 27 Mar, 2017 12:00am
Brexit sparks race to host European Banking Authority

Brexit sparks race to host European Banking Authority

Along with banks that have signalled they will be moving jobs abroad, Brexit will probably see the European Banking Authority leave London - and rival cities are jockeying to be its next host. The London headquarters of the European Union's financial regu
Published 27 Mar, 2017 12:00am
OPEC, non-OPEC to look at extending oil-output cut by six months

OPEC, non-OPEC to look at extending oil-output cut by six months

A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday. An earlier draft of the statement said the committee "repo
Published 27 Mar, 2017 12:00am
Lyon roars for Australia in fourth India Test

Lyon roars for Australia in fourth India Test

Off-spinner Nathan Lyon took four key wickets to fashion a late comeback for Australia on an engrossing second day in the decisive fourth Test against India on Sunday. The 29-year-old made the most of a lively track at Dharamsala, which is hosting its fir
Published 27 Mar, 2017 12:00am
OPEC, non-OPEC to look at extending oil-output cut by six months

OPEC, non-OPEC to look at extending oil-output cut by six months

A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday. An earlier draft of the statement said the committee "repo
Published 27 Mar, 2017 12:00am
De Kock bats through pain as Test evenly poised

De Kock bats through pain as Test evenly poised

Quinton de Kock batted through the pain of a damaged finger to bolster South Africa with a defiant 90 as the deciding Test against New Zealand was evenly poised at the end of day three in Hamilton on Sunday.
Published 27 Mar, 2017 12:00am
Vettel masters Hamilton to win Australian Grand Prix

Vettel masters Hamilton to win Australian Grand Prix

Sebastian Vettel out-manoeuvred Lewis Hamilton and the world champion Mercedes team with a stunning victory in the season-opening Australian Grand Prix in Melbourne on Sunday. Vettel won by almost 10 seconds from Hamilton and Mercedes team-mate Valtteri B
Published 27 Mar, 2017 12:00am
PPL Balochistan Football Cup 2017

PPL Balochistan Football Cup 2017

The weekend served the football fraternity in Quetta with a bumper joy to whet their appetites when the final round of PPL Balochistan Football Cup 2017 saw the biggest victory achieved by Quetta City defeating Jaffarabad with 11 goals.
Published 27 Mar, 2017 12:00am
Appointment of CEO PBIT: eligibility criteria relaxed

Appointment of CEO PBIT: eligibility criteria relaxed

The Punjab government has reportedly tailored eligibility criteria to select the son of a bureaucrat as Chief Executive Officer (CEO) of Punjab Board of Investment and Trade (PBIT), well informed sources told Business Recorder
Published 27 Mar, 2017 12:00am
Pliskova advances, Radwanska ousted in Miami tennis

Pliskova advances, Radwanska ousted in Miami tennis

Fifth-seed Agnieszka Radwanska had her bid to repeat her 2012 success at the Miami Open ended by Croatian veteran Mirjana Lucic-Baroni at Crandon Park on Saturday. But second-seed Karolina Pliskova fought past Yulia Putintseva of Kazakhstan 7-5 6-3 to mov
Published 27 Mar, 2017 12:00am
PP-23 by-election: PPP candidates withdrawn in favour of PTI candidate

PP-23 by-election: PPP candidates withdrawn in favour of PTI candidate

Pakistan People's Party four candidates who have filed their nomination papers for the by-election of PP-23 have withdrawn their nomination papers in favour of PTI candidate Sultan Surkhru, as a dialogue between the high command of Pakistan People's Party
Published 27 Mar, 2017 12:00am
Dutch suffer World Cup shock, Ronaldo in 70-goal landmark

Dutch suffer World Cup shock, Ronaldo in 70-goal landmark

The Netherlands' hopes of reaching the World Cup finals suffered a major setback on Saturday when the three-time runners-up slumped to a shock 2-0 defeat to Bulgaria. The loss left the Dutch six points behind Group A leaders France, who beat Luxembourg 3-
Published 27 Mar, 2017 12:00am
South-Punjab industry exempted from loadshedding: MEPCO

South-Punjab industry exempted from loadshedding: MEPCO

Meeting an outstanding demand of local manufacturers, the Chief Executive Officer (CEO) of MEPCO Masud Salahuddin has exempted the industry of load shedding in Southern Punjab and Multan Electric Power Company (MEPCO) has declared all the 129 industrial f
Published 27 Mar, 2017 12:00am
Federer, Wawrinka advance in Miami

Federer, Wawrinka advance in Miami

Roger Federer survived a brave challenge from American qualifier Frances Tiafoe before emerging with a 7-6 (7/2) 6-3 victory as he got his Miami Open title bid underway on Saturday. Tiafoe, ranked 101st in the world, struggled against Federer's serve but
Published 27 Mar, 2017 12:00am
Turkish delegation calls on CM Punjab

Turkish delegation calls on CM Punjab

A high-level delegation from Turkish Health Ministry called on Chief Minister Punjab Muhammad Shahbaz Sharif here on Sunday. The delegation was led by Turkish Health Ministry Managing Director for International Health Policies Selami Kilic. The Turkish de
Published 27 Mar, 2017 12:00am
CAF secretary-general El Amrani quits

CAF secretary-general El Amrani quits

African Football Confederation (CAF) secretary-general Hicham El Amrani resigned on Sunday without giving an explanation. The 37-year-old Moroccan revealed his decision in a letter to African national football associations.
Published 27 Mar, 2017 12:00am
DHA Lahore celebrates Jashan-e-Baharan

DHA Lahore celebrates Jashan-e-Baharan

An elegant Jashan-e-Baharan concluded here on Sunday organized by DHA Lahore. Prize distribution ceremony was held at 'H' Park Phase 6 DHA. The colorful ceremony was attended by a large number of floriculture lovers across the city, residents, notables an
Published 27 Mar, 2017 12:00am
Ahsan, Shahbaz discuss uplift projects

Ahsan, Shahbaz discuss uplift projects

Federal Minister for Planning, Development & Reforms Ahsan Iqbal called on Chief Minister Punjab Shahbaz Sharif here on Sunday and exchanged words on the progress of different development projects particularly China Pakistan Economic Corridor Project. Whi
Published 27 Mar, 2017 12:00am
KP CM condoles death of minister's mother

KP CM condoles death of minister's mother

Chief Minister Khyber Pakhtunkhwa Pervez Khattak visited Ghani Bagh, Abbotabad on Sunday and condoled the death of mother of Mushtaq Ahmed Ghani, Advisor to the CM Khyber Pakhtunkhwa for Information and Higher Education. She breathed her last on Saturday
Published 27 Mar, 2017 12:00am
BNP Paribas to cut investment bank staff in France, UK

BNP Paribas to cut investment bank staff in France, UK

France's BNP Paribas plans to cut investment banking staff in France, the United Kingdom and Luxembourg by the end of 2018, although staffing levels at the business should remain stable in Europe overall, it said in its annual report.
Published 27 Mar, 2017 12:00am
PTDC to develop amusement park in Shakarparian

PTDC to develop amusement park in Shakarparian

Pakistan Tourism Development Corporation (PTDC) would develop an amusement park and golf course over 25 acres of land in Shakarparian soon with the assistance of Vega. Talking to APP, PTDC Managing Director Abdul Ghafoor said Vega Modern Tourism Solutions
Published 27 Mar, 2017 12:00am
Corruption case: nation expects justice from apex court: Siraj

Corruption case: nation expects justice from apex court: Siraj

Ameer, Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has expressed the hope that apex court's decision in the corruption case would be in support of the masses. He said the nation was expecting justice from the apex judiciary and was keenly waiting the
Published 27 Mar, 2017 12:00am
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