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May 06, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-05-27
Brave jawans are real assets of police force: Khyber Pakhtunkhwa IGP

Brave jawans are real assets of police force: Khyber Pakhtunkhwa IGP

The Inspector General of Police (IGP) Khyber Pakhtunkhwa Nasir Khan Durrani has said that police jawans who are becoming stumbling block in the way of terrorists are the real asset of the force and their un-matching performance would be written in the ann
Published 27 May, 2014 12:00am
Energy sector: Pakistan, Russian companies may explore joint projects

Energy sector: Pakistan, Russian companies may explore joint projects

Khawaja Asif, Defence and Water and Power Minister, who is currently in Moscow, to seek close co-operation in defence and energy fields. Khawaja Asif is on a three-day visit to attend 3rd Moscow Conference on International Security on special invitation f
Published 27 May, 2014 12:00am
JUI-F grand tribal Jirga to be held on May 30

JUI-F grand tribal Jirga to be held on May 30

A grand tribal Jirga will be held under the auspices of JUI-F in Peshawar on Friday. Senior politicians, including JUI-F chief Maulana Fazlur Rehman, Aftab Ahmad Khan Sherpao of QWP and others will address the Jirga. Khyber Pakhtunkhwa JUI-F spokesman Abd
Published 27 May, 2014 12:00am
Sindh government urged to release land for Lyari Expressway

Sindh government urged to release land for Lyari Expressway

Members of the National Assembly's Standing Committee on Communications have urged the Sindh government for early release of land so that remaining portion of Lyari Expressway can be completed in time. This was stated by Chairman Standing Committee of the
Published 27 May, 2014 12:00am
PTCL wins 'Customer Service Appreciation' Award

PTCL wins 'Customer Service Appreciation' Award

Pakistan Telecommunications Company Limited (PTCL) has been awarded 'Customer Service Appreciation' award for best customer services in the Telecom Sector at "Service Punch-2014" conference. The awards ceremony, presented by Active8, in collaboration with
Published 27 May, 2014 12:00am
Ogra to open regional offices in provincial capitals

Ogra to open regional offices in provincial capitals

The Oil and Gas Regulatory Authority (Ogra) has decided to open regional offices in four provincial capitals of the country to cope with increasing complaints of gas theft, hoarding of petroleum products and other issues, it was learnt on Monday.
Published 27 May, 2014 12:00am
KCCI offices to remain closed today

KCCI offices to remain closed today

All offices and departments of the Karachi Chamber of Commerce and Industry (KCCI) will remain closed on Tuesday, May 27, 2014 (today) on account of Shab-e-Mairaj.
Published 27 May, 2014 12:00am
Bid to rob bank branch foiled, one held

Bid to rob bank branch foiled, one held

Police on Monday claimed to have foiled an attempt of robbery at a private bank located at 5 Star Chowrangi, North Nazimabad in the jurisdiction of Temoria police station. According to details, the incident took place around 11am when four dacoits tried t
Published 27 May, 2014 12:00am
July-April seafood export surges by 14 percent

July-April seafood export surges by 14 percent

The country's seafood export has increased by 14 percent to $292.127 million in July-April of fiscal year 2013-14. According to official figures, the seafood export posted a growth of $36.346 million during July-April of fiscal year 2013-14. In terms of v
Published 27 May, 2014 12:00am
Coalition parties' team meets Khyber Pakhtunkhwa chief minister

Coalition parties' team meets Khyber Pakhtunkhwa chief minister

A joint delegation of district presidents and office-bearers of coalition parties of KP government Jamaat-i-Islami (JI) and Pakistan Tehreek Insaf (PTI) from Dir Upper and lower districts called on the KP Chief Minister Pervez Khattak at his office CM Sec
Published 27 May, 2014 12:00am
Sindh fails to computerise BoR's tax collection system

Sindh fails to computerise BoR's tax collection system

Sindh government has failed to computerise tax collection system of Board of Revenue (BoR), the oldest taxation department, as it seems more focused on Sindh Revenue Board and Excise and Taxation Department. Sindh BoR is the successor of West Pakistan BoR
Published 27 May, 2014 12:00am
Five bodies found in Mohmand Agency

Five bodies found in Mohmand Agency

At least five dead bodies were recovered in the Pandiali district of the Mohmand Agency on Monday. According to local political administration, the bodies were found from Tamanzai area of Tehsil Pindiali. The bodies were shifted to a nearby hospital for i
Published 27 May, 2014 12:00am
Six fall prey to violence, three bodies found

Six fall prey to violence, three bodies found

At least six people were killed in different incidents of violence in Karachi while three bodies were found here on Monday. According to police and rescue sources, three bullet-riddled bodies of men were recovered from Surjani Town near Northern Bypass on
Published 27 May, 2014 12:00am
FAKT, PGBF sign MoU

FAKT, PGBF sign MoU

A memorandum of understanding (MoU) for strategic partnership was signed between FAKT Exhibitions (Private) Limited and Pakistan German Business Forum (north) (PGBF), recently. Speaking on the occasion, Saleem Tanoli CEO, FAKT said Pakistan has always mai
Published 27 May, 2014 12:00am
PQFTL maintains IFS rating at 'A'

PQFTL maintains IFS rating at 'A'

Pak-Qatar Family Takaful Limited (PQFTL) has successfully maintained its Insurer Financial Strength (IFS) rating at 'A', assigned to it by JCR-VIS Credit Rating Company Limited (JCR-VIS). The PQFTL's marketing head, Syed Adnan Hasan, told Business Reco
Published 27 May, 2014 12:00am
PQFTL maintains IFS rating at 'A'

PQFTL maintains IFS rating at 'A'

Pak-Qatar Family Takaful Limited (PQFTL) has successfully maintained its Insurer Financial Strength (IFS) rating at 'A', assigned to it by JCR-VIS Credit Rating Company Limited (JCR-VIS). The PQFTL's marketing head, Syed Adnan Hasan, told Business Reco
Published 27 May, 2014 12:00am
IP gas line completion date extended to December 2015

IP gas line completion date extended to December 2015

Iran and Pakistan have extended the completion date of Iran-Pakistan (IP) Gas Pipeline project from December 2014 to December 2015, senior Petroleum Ministry officials told Business Recorder. During the recent visit of Prime Minister Nawaz Sharif t
Published 27 May, 2014 12:00am
Ex-DPO assets case: NAB arrests three stamp-paper vendors

Ex-DPO assets case: NAB arrests three stamp-paper vendors

National Accountability Bureau (NAB) Khyber-Pakhtunkhwa arrested Kachkol Khan, Akhtar Ali and Abdullah, stamp-paper vendors, from different places of District Mardan allegedly involved in selling stamp papers in back dates and helped Ex-DPO Mardan Waqif K
Published 27 May, 2014 12:00am
Militant group involved in extortion identified

Militant group involved in extortion identified

The Inspector General of Police (IGP) Nasir Khan Durrani has reportedly sent a report to the Ministry of Interior wherein he has specifically identified a militant group which is involved in large scale extortion activities not only in KP but in other maj
Published 27 May, 2014 12:00am
WCCI organises training workshop for women entrepreneurs

WCCI organises training workshop for women entrepreneurs

Women Chamber of Commerce and Industry (WCCI) Peshawar in collaboration with Small and Medium Enterprises Development Authority, Community Research and Development, organized a training session on leadership for women entrepreneurs here on Monday.
Published 27 May, 2014 12:00am
'Erdogan Hospital to be functional before June 21'

'Erdogan Hospital to be functional before June 21'

Advisor to Chief Minister Punjab on Health Khawaja Salman Rafique has said the work on administrative matters of Recep Tayyip Erdogan Hospital is continuing speedily and it will be made functional before June 21. Chief Minister Punjab Shahbaz Sharif and T
Published 27 May, 2014 12:00am
PR initiates to computerise railways land record

PR initiates to computerise railways land record

Federal Minister for Pakistan Railways Khawaja Saad Rafique has said that the department had initiated a project in collaboration with Punjab Urban Unit (PUU) to computerise railways land record. He was talking to media persons after attending the meeting
Published 27 May, 2014 12:00am
UKTI to set up British Business Centres

UKTI to set up British Business Centres

With an objective to increase bilateral trade and investment, the UK Trade and Investment (UKTI) is planning to establish British Business Centres in all the major cities of Pakistan and the first such centre would be set-up in Karachi. British Deputy Hig
Published 27 May, 2014 12:00am
Warid celebrates 9th anniversary

Warid celebrates 9th anniversary

Warid Telecom, leading innovator in Pakistan's telecom industry, celebrates its 9th anniversary on Monday. In all these years, company has shown solid results while it has constantly focused on its customer oriented services and innovative approach.
Published 27 May, 2014 12:00am
151 Indian fishermen handed over to BSF

151 Indian fishermen handed over to BSF

One hundred and fifty one Indian prisoners were handed over to Indian Border Security Force at the Wagah border near Lahore on Monday afternoon. These prisoners were released from Malir Jail of Karachi on Sunday, where they were detained for violating the
Published 27 May, 2014 12:00am
Shahbaz for evolving system of self-accountability

Shahbaz for evolving system of self-accountability

Punjab Chief Minister Muhammad Shahbaz Sharif has said that government departments and institutions will have to improve their efficiency at any cost for providing better services to the masses and such reforms will be introduced in them as would directly
Published 27 May, 2014 12:00am
LDA constructing link road in Sheikhupura

LDA constructing link road in Sheikhupura

Lahore Development Authority (LDA) is constructing a road to link Motorway Interchange M-2 Sheikhupura with Quaid-e-Azam Apparel Park in District Sheikhupura. According to a LDA's spokesperson here on Monday, the 3.5 kilo meters long road will be construc
Published 27 May, 2014 12:00am
SCCI opposes increase in sales tax on exports

SCCI opposes increase in sales tax on exports

Sialkot Chamber of Commerce and Industry (SCCI) President Dr Sarfaraz Bashir has expressed his concern over proposed increase in sales tax on exports from two to five percent, mentioning that it would greatly hamper exports to play havoc with the value-ad
Published 27 May, 2014 12:00am
'No plan to terminate doctors'

'No plan to terminate doctors'

A spokesman of Health department Punjab has said that the department has no plan to terminate services of any doctor. The spokesman further said that the services of 250 doctors working on adhoc basis will not be terminated after June 30 and all the rumou
Published 27 May, 2014 12:00am
Fazl and Siraj discuss political situation

Fazl and Siraj discuss political situation

A high level JUI-F delegation headed by Maulana Fazlur Rahman, called on the newly elected Ameer of the Jamaat-i-Islami at Mansura on Monday and congratulated him on assuming his office. The delegation included Hafiz Husain Ahmed, Maulana Amjad Khan and o
Published 27 May, 2014 12:00am
PHMA begins series of training courses

PHMA begins series of training courses

Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has started series of high-level training courses to help the industry to become compliant of social standards which are a dire need of export-oriented industries. Accordingly, the fire safety
Published 27 May, 2014 12:00am
Shahbaz meets disgruntled Sindh-chapter leaders today

Shahbaz meets disgruntled Sindh-chapter leaders today

The central leadership of the ruling Pakistan Muslim League-Nawaz (PML-N) has finally contacted the enraged party leaders in Sindh province by inviting them to Islamabad to address their reservations. According to party insiders, Chief Minister Punjab Sha
Published 27 May, 2014 12:00am
Militancy-damaged schools in KA: tribal students demand rebuilding

Militancy-damaged schools in KA: tribal students demand rebuilding

Tribal students from Kurram Agency demanded the government to restore scholarship program for them, and it should take steps for reconstruction and rehabilitation of education institution, damaged by militancy in the tribal agency. Addressing a news confe
Published 27 May, 2014 12:00am
RCCI organises inter-universities business plan competition

RCCI organises inter-universities business plan competition

Princeton University has won the 5th RCCI Business Plan Competition organized here on Monday. According to details Rawalpindi Chamber of Commerce and Industry (RCCI) has organized an Inter-Universities Business Plan Competition on Monday. Students from se
Published 27 May, 2014 12:00am
Several units of NKIA on the verge of closure due to water shortage

Several units of NKIA on the verge of closure due to water shortage

Several industrial units of North Karachi Industrial Area (NKIA) are on the verge of closure in the wake of persisting water shortage. The NKIA having more than 2500 small and medium enterprises (SMEs) and about 90 per cent of them are export-oriented uni
Published 27 May, 2014 12:00am
Failure in filing IT returns: Penalty imposed on tax officials

Failure in filing IT returns: Penalty imposed on tax officials

The Federal Board of Revenue (FBR) has imposed penalty on a large number of tax officials, who failed to file their income tax returns for Tax Year 2013. According to the FBR's instructions issued to the field formations here on Monday, a large number of
Published 27 May, 2014 12:00am
Begomovirus inflicting huge losses to agriculture productivity: UAF

Begomovirus inflicting huge losses to agriculture productivity: UAF

The begomovirus is the major threat to cotton and vegetables, causing huge losses to agricultural productivity. This was stated by speakers at a seminar titled "begomovirus diversity, phylogenetic and population genetic in cultivated and uncultivated plan
Published 27 May, 2014 12:00am
Education, health top priority of Punjab government: Mujtaba

Education, health top priority of Punjab government: Mujtaba

Minister Excise & Taxation, Finance Punjab, Mujtaba Shuja-ur-Rehman has said that government employee's pay will be increased as per inflation; however, the announcement in federal budget regarding pay increase will be adopted in Punjab budget also. He sa
Published 27 May, 2014 12:00am
PKI holds rally for acceptance of demands

PKI holds rally for acceptance of demands

Pakistan Kisan Ittehad (PKI) staged a rally on Monday and urged the concerned authorities for acceptance of their demands. The rally was led by PKI Central President Chaudhry Muhammad Anwar, Chaudhry Muhammad Ramzan and Rao Qadeer. PKI demanded supply of
Published 27 May, 2014 12:00am
Hot, dry weather likely today

Hot, dry weather likely today

The Meteorological department has forecast mainly hot and dry weather in most parts of the country today (Tuesday). However, rain-thunderstorm is expected at isolated places in Kashmir, Gilgit-Baltistan, Malakand, Hazara, Peshawar divisions. In its daily
Published 27 May, 2014 12:00am
Power shortfall touches 3000 megawatts level

Power shortfall touches 3000 megawatts level

Power shortfall has finally touched the alarming level of 3000MW with rise in demand in the country. According to the NTDC sources, power generation during last 24 hours stood at 12500MW against a demand of 15500MW, leaving the system with a total shortfa
Published 27 May, 2014 12:00am
Kharif crops Punjab puts up 106,000 cusecs of water indent

Kharif crops Punjab puts up 106,000 cusecs of water indent

As the sowing of Kharif crops has began in the province, the Punjab Irrigation department has put up a water indent of 1,06,000 cusecs to Indus River System Authority(Irsa) for release of water in the irrigation canals of both the Indus and Mangla zones w
Published 27 May, 2014 12:00am
Recruitments on merit: EOBI adopts NTS to ensure transparency

Recruitments on merit: EOBI adopts NTS to ensure transparency

"Employees Old Age Benefits Institution (EOBI) has adopted a National Testing Services (NTS) to ensure recruitments on merit in the institution." Chairman EOBI HR Committee, Malik Tahir Javaid stated this while addressing a press conference here at Lahore
Published 27 May, 2014 12:00am
Faisal Spinning Mills Limited

Faisal Spinning Mills Limited

Faisal Spinning Mills Limited (KSE: FASM) is a public limited company incorporated in Pakistan on January 31, 1985. The company is one of the constituent members of a large industrial group of companies-Umer group that enjoys an annual turnover of approxi
Published 27 May, 2014 12:00am
Faisal Spinning Mills Limited

Faisal Spinning Mills Limited

Faisal Spinning Mills Limited (KSE: FASM) is a public limited company incorporated in Pakistan on January 31, 1985. The company is one of the constituent members of a large industrial group of companies-Umer group that enjoys an annual turnover of approxi
Published 27 May, 2014 12:00am
Apportionment of waters

Apportionment of waters

Apropos 'KPK seeks amendment to water accord' carried by Business Recorder on Sunday, one needs to applaud the existence of a pragmatic KPK government that has sought an amendment to Indus Water Apportionment Accord 1991 to get back its due share o
Published 27 May, 2014 12:00am
Italian left bucks EU trend with landslide for Renzi

Italian left bucks EU trend with landslide for Renzi

Italian Prime Minister Matteo Renzi won by a landslide in weekend EU elections, bolstering his reforms and turning his Democratic Party into the leading light of Europe's left. Acing a key electoral test for the new government, the party scored 40.8 perce
Published 27 May, 2014 12:00am
Exclusive hedge funds crack open door to Main Street

Exclusive hedge funds crack open door to Main Street

As a $14.8 billion hedge fund with a reputation for savvy mortgage trades and a record of double-digit returns, Pine River Capital Management has long signed up multi-billion-dollar pension and sovereign wealth funds as investors. Now the exclusive hedge
Published 27 May, 2014 12:00am
Vision: the missing attribute

Vision: the missing attribute

In recent years, budget making has been reduced to a ritual; it's glossy but unachievable promises are meant only to incite loud applause from the parliament's treasury benches, and thereafter begins an unending process of the promised budgetary targets b
Published 27 May, 2014 12:00am
Sikh protest

Sikh protest

Outraged over repeated incidents of desecration of their holy book and temples coupled with inaction on the government's part, Sikh protesters forced their way into Islamabad's high security zone on Friday, to register their grievance. They managed to rea
Published 27 May, 2014 12:00am
Growth versus lower deficit

Growth versus lower deficit

Dr Hafiz Pasha while speaking at a talk show on Aaj News urged the government to focus on pro-growth policies in the forthcoming budget instead of on reducing the fiscal deficit. The federal finance minister, Ishaq Dar, during a press briefing on 9
Published 27 May, 2014 12:00am
Pakistan, India relations: Prime Minister's visit termed a new beginning

Pakistan, India relations: Prime Minister's visit termed a new beginning

Terming the current visit of Prime Minister Nawaz Sharif to India as a new beginning in Indo-Pak relations, senior PML-N leader Mohammad Pervaiz Malik said on Monday that the Prime Minister Nawaz Sharif's decision to attend the swearing-in of Indian Prime
Published 27 May, 2014 12:00am
Pakistani origin: US doctor killed in Chiniot

Pakistani origin: US doctor killed in Chiniot

A Pakistani origin United States citizen doctor was killed by unidentified armed men here on Monday. According to police sources, Dr Mehdi resident of Chiniot came from US to Pakistan some days ago. He went to his parents' graveyard for offering fateha. S
Published 27 May, 2014 12:00am
Construction of flyover, underpasses: SHC adjourns hearing on appeals

Construction of flyover, underpasses: SHC adjourns hearing on appeals

The hearing of appeals against the suspension of construction work on a flyover and two underpasses in Clifton was adjourned for want of time to a date in office. A division bench of Sindh High Court (SHC) headed by Justice Irfan Saadat Khan adjourned the
Published 27 May, 2014 12:00am
Centre and provinces: SNP chief calls for new two-way social contracts

Centre and provinces: SNP chief calls for new two-way social contracts

Sindh National Party (SNP) has called for new social contract between the centre and the provinces. Chairman SNP Amir Bhanbhro while addressing a press conference at Karachi Press Club also demanded setting up of a federal court for resolving dispute betw
Published 27 May, 2014 12:00am
70 'criminals' arrested in raids, encounters

70 'criminals' arrested in raids, encounters

Karachi police on Monday claimed to have arrested around 70 alleged criminals in different targeted raids and encounters conducted at different parts of metropolis during last 24 hours. According to police, they conducted some 80 targeted raids and four e
Published 27 May, 2014 12:00am
Modi shares 'emotional' moments

Modi shares 'emotional' moments

Shortly after taking oath as the 15th Indian Prime Minister Narendra Modi on Monday tweeted about his emotional interaction with Prime Minister Muhammad Nawaz Sharif who attended his swearing-in ceremony at Rashtrapati Bhavan. While tweeting about his int
Published 27 May, 2014 12:00am
Radio transmissions to be revived in major cities: DG PBC

Radio transmissions to be revived in major cities: DG PBC

Pakistan Broadcasting Corporation (Radio Pakistan), has tailored an ambitious plan to improve quality of all programmes and efforts would be made for revival of medium waves transmission at various stations in the country. This was stated by Director Gene
Published 27 May, 2014 12:00am
Dar briefed about status of uplift projects in Balochistan

Dar briefed about status of uplift projects in Balochistan

Mir Khalid Langho, Finance Minister, Balochistan Monday called on Federal Finance Minister, Senator Ishaq Dar here and discussed issues related to the province. Khalid Langho briefed the Finance Minister on status of development projects in the province a
Published 27 May, 2014 12:00am
Pakistan, India to pursue mutual agenda of peace, development: Basit

Pakistan, India to pursue mutual agenda of peace, development: Basit

Pakistani High Commissioner in India Abdul Basit has said that both Indo-Pak premiers shared mutual agenda of peace and prosperity, which is significant for the region. Talking to a private news channel, he said that the similar agenda will take both the
Published 27 May, 2014 12:00am
SHC orders DIGP: CIA to recover missing person

SHC orders DIGP: CIA to recover missing person

The Sindh High Court (SHC) on Monday directed the Deputy Inspector General of Police (DIGP) of CIA, Sultan Ali Khawaja, to make all-out efforts to recover a citizen missing since 2011. The directive was issued by a division bench headed by Justice Ahmed A
Published 27 May, 2014 12:00am
Train crash in UP kills at least 40, many trapped

Train crash in UP kills at least 40, many trapped

A passenger train collided with a stationary goods train in India's most populous state on Monday, killing at least 40 people and injuring more than 150, police and railway officials said. Mangled passenger coaches climbed on top of the goods train and ma
Published 27 May, 2014 12:00am
Train crash in UP kills at least 40, many trapped

Train crash in UP kills at least 40, many trapped

A passenger train collided with a stationary goods train in India's most populous state on Monday, killing at least 40 people and injuring more than 150, police and railway officials said. Mangled passenger coaches climbed on top of the goods train and ma
Published 27 May, 2014 12:00am
American doctor shot dead in Punjab

American doctor shot dead in Punjab

An American volunteer cardiologist was shot dead in Pakistan on Monday, a member of his minority Ahmadi community said. He had taken his five-year-old son and a cousin to a graveyard in Punjab at dawn to pray when he was shot, said Salim ud Din, a spokesm
Published 27 May, 2014 12:00am
American doctor shot dead in Punjab

American doctor shot dead in Punjab

An American volunteer cardiologist was shot dead in Pakistan on Monday, a member of his minority Ahmadi community said. He had taken his five-year-old son and a cousin to a graveyard in Punjab at dawn to pray when he was shot, said Salim ud Din, a spokesm
Published 27 May, 2014 12:00am
System audit regulations: SECP imposes penalties on KSE MD, deputy MD

System audit regulations: SECP imposes penalties on KSE MD, deputy MD

The Securities and Exchange Commission of Pakistan (SECP) has imposed a penalty of Rs 200,000 on Managing Director Karachi Stock Exchange (KSE) and Rs 500,000 on his deputy for not properly following system audit regulations and not taking timely enforcem
Published 27 May, 2014 12:00am
System audit regulations: SECP imposes penalties on KSE MD, deputy MD

System audit regulations: SECP imposes penalties on KSE MD, deputy MD

The Securities and Exchange Commission of Pakistan (SECP) has imposed a penalty of Rs 200,000 on Managing Director Karachi Stock Exchange (KSE) and Rs 500,000 on his deputy for not properly following system audit regulations and not taking timely enforcem
Published 27 May, 2014 12:00am
System audit regulations: SECP imposes penalties on KSE MD, deputy MD

System audit regulations: SECP imposes penalties on KSE MD, deputy MD

The Securities and Exchange Commission of Pakistan (SECP) has imposed a penalty of Rs 200,000 on Managing Director Karachi Stock Exchange (KSE) and Rs 500,000 on his deputy for not properly following system audit regulations and not taking timely enforcem
Published 27 May, 2014 12:00am
July-April services trade deficit crosses $2 billion mark

July-April services trade deficit crosses $2 billion mark

The country''s services trade deficit continued to witness a rising trend crossing $2 billion mark, or widening by 124 percent, during the first 10 months of the current fiscal year over the same period last year. Economists said higher services deficit w
Published 27 May, 2014 12:00am
July-April services trade deficit crosses $2 billion mark

July-April services trade deficit crosses $2 billion mark

The country's services trade deficit continued to witness a rising trend crossing $2 billion mark, or widening by 124 percent, during the first 10 months of the current fiscal year over the same period last year. Economists said higher services deficit wi
Published 27 May, 2014 12:00am
July-April services trade deficit crosses $2 billion mark

July-April services trade deficit crosses $2 billion mark

The country's services trade deficit continued to witness a rising trend crossing $2 billion mark, or widening by 124 percent, during the first 10 months of the current fiscal year over the same period last year. Economists said higher services deficit wi
Published 27 May, 2014 12:00am
The Weather

The Weather

The weather report on Monday (May 26, 2014) and the forecast for Tuesday (May 27, 2014).

Published 27 May, 2014 12:00am
Jordan, Syria bar envoys in tit-for-tat diplomatic row

Jordan, Syria bar envoys in tit-for-tat diplomatic row

US ally Jordan said on Monday it was expelling Syria's ambassador for accusing the kingdom of backing Syrian rebels, prompting Damascus to retaliate by barring Jordan's top diplomat. A Jordanian foreign ministry statement gave Syrian Ambassador Bahjat Sul
Published 27 May, 2014 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 27 May, 2014 12:00am
Jordan, Syria bar envoys in tit-for-tat diplomatic row

Jordan, Syria bar envoys in tit-for-tat diplomatic row

US ally Jordan said on Monday it was expelling Syria's ambassador for accusing the kingdom of backing Syrian rebels, prompting Damascus to retaliate by barring Jordan's top diplomat. A Jordanian foreign ministry statement gave Syrian Ambassador Bahjat Sul
Published 27 May, 2014 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 27 May, 2014 12:00am
Media: lawyers come to blows over disagreement

Media: lawyers come to blows over disagreement

The Lahore High Court Bar Association here on Monday urged all state institutions to remain in their constitutional limits and avoid any extra constitutional act. The bar also demanded of all television channels to refrain from airing controversial progra
Published 27 May, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (May 26, 2014).

Published 27 May, 2014 12:00am
Media: lawyers come to blows over disagreement

Media: lawyers come to blows over disagreement

The Lahore High Court Bar Association here on Monday urged all state institutions to remain in their constitutional limits and avoid any extra constitutional act. The bar also demanded of all television channels to refrain from airing controversial progra
Published 27 May, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (May 26, 2014) and for Tuesday (May 27, 2014).
Published 27 May, 2014 12:00am
China cuts bureaucracy for investment

China cuts bureaucracy for investment

China has simplified procedures for the government to approve investment projects to increase transparency and efficiency, the country''s top economic planner said on Monday, the latest effort to streamline administration and devolve more power to firms.
Published 27 May, 2014 12:00am
China cuts bureaucracy for investment

China cuts bureaucracy for investment

China has simplified procedures for the government to approve investment projects to increase transparency and efficiency, the country's top economic planner said on Monday, the latest effort to streamline administration and devolve more power to firms. T
Published 27 May, 2014 12:00am
China cuts bureaucracy for investment

China cuts bureaucracy for investment

China has simplified procedures for the government to approve investment projects to increase transparency and efficiency, the country's top economic planner said on Monday, the latest effort to streamline administration and devolve more power to firms. T
Published 27 May, 2014 12:00am
Over $4.96 billion foreign inflow received during fiscal year 2014

Over $4.96 billion foreign inflow received during fiscal year 2014

Pakistan has received foreign inflows of over $4.96 billion (about 84 per cent) in the current fiscal year 2013-14, out of the total budgeted foreign assistance of $5.74 billion from bilateral and multilateral donors, it is learnt. The amount does not inc
Published 27 May, 2014 12:00am
Over $4.96 billion foreign inflow received during fiscal year 2014

Over $4.96 billion foreign inflow received during fiscal year 2014

Pakistan has received foreign inflows of over $4.96 billion (about 84 per cent) in the current fiscal year 2013-14, out of the total budgeted foreign assistance of $5.74 billion from bilateral and multilateral donors, it is learnt. The amount does not inc
Published 27 May, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (May 26, 2014).

Published 27 May, 2014 12:00am
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