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May 18, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-09-24
South African stocks track global markets lower

South African stocks track global markets lower

South African stocks ended lower on Tuesday, tracking a downbeat mood in emerging markets, although mining firms kept the downside momentum in check thanks to an above-forecast China factory survey. Equity markets tumbled after data in Germany and France
Published 24 Sep, 2014 12:00am
Southeast Asia markets mostly down

Southeast Asia markets mostly down

Indonesian shares fell to a one-week low on Tuesday amid concerns about China's growth even after a private survey showed factory activity unexpectedly picked up in September. The Jakarta Composite Index fell 0.6 percent to its lowest close since Septembe
Published 24 Sep, 2014 12:00am
FTSE falls as US tax rules dim M&A prospects

FTSE falls as US tax rules dim M&A prospects

Britain's top shares fell on Tuesday, dragged down by healthcare shares, as new US tax rules made it less likely companies such as Shire and AstraZeneca would become take-over targets. Sentiment was also depressed by surveys showing French business activi
Published 24 Sep, 2014 12:00am
Dollar rally pauses in Asia

Dollar rally pauses in Asia

The dollar hovered just below a four-year peak against a basket of major currencies on Tuesday as the euro steadied near a 14-month trough with sellers taking a bit of a breather. The dollar index last traded at 84.671, having peaked at 84.861 on Monday,
Published 24 Sep, 2014 12:00am
Euro pulls away from 14-month trough in London

Euro pulls away from 14-month trough in London

The euro pulled away from a 14-month trough against the dollar on Tuesday, earning some relief from a business survey showing Germany's economy probably expanded in the third quarter. The common currency rose to $1.2896, recovering from Monday's 14-month
Published 24 Sep, 2014 12:00am
Early trade in New York: Euro rise, dollar dips

Early trade in New York: Euro rise, dollar dips

The battered euro rose on Tuesday, pulling away from a 14-month trough against the dollar, as the greenback eased against other major currencies on profit-taking after a 10-week streak of gains. Bruised by worries about economic growth and loosening Europ
Published 24 Sep, 2014 12:00am
Dollar jumps in New York

Dollar jumps in New York

The dollar rose smartly on Monday against the Australian dollar and emerging market currencies hurt by weaker commodity prices, but was little changed against other major currencies after 10 weeks of gains by the dollar index. The dollar index, a basket o
Published 24 Sep, 2014 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 77.40-77.40 (previous 77.40-77.40). Call Money Rates: 06.40-08.25 percent (* Previous 06.40-08.25 percent). (* revised).
Published 24 Sep, 2014 12:00am
Australian and New Zealand dollar struggle

Australian and New Zealand dollar struggle

The Australian and New Zealand dollars struggled near seven-month lows on Tuesday after tumbling commodity prices and concerns over China's economy encouraged investors to further unwind long positions. The Australian dollar slid below 89 US cents for the
Published 24 Sep, 2014 12:00am
Asia forex down

Asia forex down

Most emerging Asian currencies pared their losses on Tuesday after a stronger-than-expected China factory survey calmed some of the concerns over a slowdown in the world's second-largest economy. Activity in China's manufacturing sector unexpectedly picke
Published 24 Sep, 2014 12:00am
Indian rupee lower

Indian rupee lower

The Indian rupee fell the most among emerging market peers on Tuesday as shares slumped after weak global manufacturing surveys raised growth concerns, while month-end dollar demand from importers also hurt sentiment for the local unit. Traders are also b
Published 24 Sep, 2014 12:00am
Sterling holds ground versus dollar

Sterling holds ground versus dollar

Sterling held its ground against the dollar after a volatile opening on Tuesday, with concerns about a tax deal that prompted heavy sales of some UK stocks weighing on a currency still recovering from two weeks of political turbulence. The pound has strug
Published 24 Sep, 2014 12:00am
Tajik footballer fails drugs test

Tajik footballer fails drugs test

A Tajik footballer failed a drugs test and has been thrown out of the Asian Games, officials said Tuesday, in the first doping case to hit the tournament in South Korea. Defender Khurshed Beknazarov, 20, tested positive for a banned stimulant and now face
Published 24 Sep, 2014 12:00am
South Korea beat China in badminton thriller

South Korea beat China in badminton thriller

Veteran comeback kid Lee Hyun-Il sealed victory as South Korea downed badminton giants China Tuesday to take gold in a thrilling five-match men's team final. China's world champion Chen Long fell to a storming performance by Son Wan-Ho in the opening matc
Published 24 Sep, 2014 12:00am
Taiwan's Lin breaks two world records

Taiwan's Lin breaks two world records

Taiwan's Lin Tzu-chi broke two world records to snatch gold from China's Deng Wei in the women's 63kg at the Asian Games and warned her rival she could lift even more weight. In another extraordinary afternoon at the Incheon Moonlight Gardens weightliftin
Published 24 Sep, 2014 12:00am
Squash gold for Kuwait

Squash gold for Kuwait

Kuwait's Abdullah Al Mezayen claimed his country's first gold medal of the Asian Games on Tuesday in the men's squash singles with a remarkable comeback against India's Saurav Ghosal. Trailing by two games in the best-of-five encounter, the 26-year-old Ku
Published 24 Sep, 2014 12:00am
Pujara out for handling ball

Pujara out for handling ball

India Test batsman Cheteshwar Pujara was given out for handling the ball on the opening day of Derbyshire's English County Championship match against Leicestershire on Tuesday. The 26-year-old right-hander, the International Cricket Council's Emerging Pla
Published 24 Sep, 2014 12:00am
India await Pakistan after Oman scalp

India await Pakistan after Oman scalp

India warmed up for their Asian Games field hockey clash against arch-rivals Pakistan by thrashing Oman 7-0 on Tuesday as South Korea nudged ahead of Japan in the race for the semi-finals. India, seeking their first Asiad gold medal since 1998, converted
Published 24 Sep, 2014 12:00am
Gymnastics golds for Kamoto, Yao

Gymnastics golds for Kamoto, Yao

Japan's Yuya Kamoto took gold in the Asian Games men's individual all-round gymnastics on Tuesday as China again missed out on the medals. Kamoto, the 2010 Youth Olympics all-round gold medallist, beat Masayoshi Yamamoto into silver for an all-Japan one-t
Published 24 Sep, 2014 12:00am
Desperate lift by China's Lyu secures gold

Desperate lift by China's Lyu secures gold

China's world and Olympic champion Lyu Xiaojun staved off the biggest upset of the Asian Games weightlifting so far when he summoned up one final glorious golden lift Tuesday. Leading comfortably after his Games record snatch of 175kg, just 1kg off his wo
Published 24 Sep, 2014 12:00am
Malaysia's David claims women's squash gold

Malaysia's David claims women's squash gold

Malaysia's world number one Nicol David fought back from a game down to overcome compatriot Low Wee Wern and take the Asian Games women's squash gold on Tuesday. David eventually outclassed her young opponent 9-11, 11-6, 11-5, 12-10, but had to work to de
Published 24 Sep, 2014 12:00am
Sun-burn for Japan as China's swimmers shine at Asiad

Sun-burn for Japan as China's swimmers shine at Asiad

Olympic champion Sun Yang powered to Asian Games gold in the men's 400 metres freestyle on Tuesday as China roared into life after a slow start to the swimming competition. China's king of bling strode out in a pair of gold headphones and mercilessly aven
Published 24 Sep, 2014 12:00am
FIFA set to adopt three-minute concussion breaks

FIFA set to adopt three-minute concussion breaks

World football's governing body FIFA on Tuesday announced plans to allow referees to halt matches for three minutes so that players suspected of sustaining a concussion can be assessed. The issue of concussion in football has made recent headlines followi
Published 24 Sep, 2014 12:00am
Portugal name Fernando Santos as new coach

Portugal name Fernando Santos as new coach

Fernando Santos was on Tuesday named as the new coach of Portugal, succeeding Portuguese compatriot Paulo Bento. Santos, who will be 60 next month, is a former coach of Greece, whom he took to the quarter-finals of the 2012 European Championship and the r
Published 24 Sep, 2014 12:00am
Matosevic upsets Kyrgios in Malaysian Open

Matosevic upsets Kyrgios in Malaysian Open

Austrlian Marinko Matosevic produced the first upset in the Malaysian Open on Tuesday when he downed eighth-seeded compatriot Nick Kyrgios 7-6 (7/4), 7-6 (7/3) in just over 90 minutes. Matosevic, 29, who had never played Kyrgios before, found his 19-year-
Published 24 Sep, 2014 12:00am
New official 'Apparel Sponsor of Pakistan Cricket'

New official 'Apparel Sponsor of Pakistan Cricket'

CA Sports has been named as the new official 'Apparel Sponsor of Pakistan Cricket', PCB's Chief Operating Officer Subhan Ahmad and Zahid Javed, Director, CA Sports said on Tuesday. Talking to reporters here at the Gaddafi Stadium, Subhan Ahmad said, "We a
Published 24 Sep, 2014 12:00am
Afridi, Umar among 12 fined for being out of shape

Afridi, Umar among 12 fined for being out of shape

Pakistan cricket authorities on Tuesday fined 12 players, including star allrounder Shahid Afridi and batsman Umar Akmal, for failing to meet fitness standards. The Pakistan Cricket Board (PCB) set tough new fitness guidelines in June, warning that failur
Published 24 Sep, 2014 12:00am
3,000 European jihadis now in Syria, Iraq: EU official

3,000 European jihadis now in Syria, Iraq: EU official

The number of Europeans joining Islamist fighters in Syria and Iraq has surged to about 3,000 from 2,000 only months ago, the EU counter-terrorism chief said Tuesday. In an exclusive interview with AFP, Gilles de Kerchove said the flow of Europeans may ha
Published 24 Sep, 2014 12:00am
Minister resigns over Spain's failed abortion reform

Minister resigns over Spain's failed abortion reform

Spain's justice minister resigned on Tuesday over a failed bid to restrict women's right to abortion, which had sparked mass protests and international condemnation. The reform claimed the first scalp in Spain's conservative government since it took power
Published 24 Sep, 2014 12:00am
Bob Dylan to be honoured at pre-Grammys gala

Bob Dylan to be honoured at pre-Grammys gala

Bob Dylan will be feted by the music industry's finest ahead of next year's Grammys show, after being named Tuesday as the MusiCares Person of the Year. Artists including Jack White, Neil Young, Norah Jones, Tom Jones, Beck and the Black Keys will perform
Published 24 Sep, 2014 12:00am
Uzbekistan leader's daughter probed for corruption

Uzbekistan leader's daughter probed for corruption

The eldest daughter of Ukzbekistan's President Islam Karimov is under house arrest and being probed for suspected corruption and other charges, state prosecutors confirmed Thursday. Gulnara Karimova, a flamboyant 42-year-old figure who had parlayed her po
Published 24 Sep, 2014 12:00am
Hollande tells Rouhani 'every support needed' in Middle East

Hollande tells Rouhani 'every support needed' in Middle East

French President Francois Hollande told Iranian leader Hassan Rouhani during a meeting at UN headquarters Tuesday that "every support" was required to find political solutions with regard to Lebanon, Syria and Iraq. "We need every support to find politica
Published 24 Sep, 2014 12:00am
Turkey may offer 'military help' to fight against IS

Turkey may offer 'military help' to fight against IS

Turkish President Recep Tayyip Erdogan on Tuesday welcomed US-led air strikes against Islamic State (IS) jihadists in Syria, saying Ankara could provide military or logistical support for the campaign. "I look at it (the air strikes) in a positive way. It
Published 24 Sep, 2014 12:00am
France vows not to give in to blackmail over Algeria hostage

France vows not to give in to blackmail over Algeria hostage

President Francois Hollande vowed Tuesday not to give in to jihadists who have threatened to kill a French hostage in Algeria, as troops raced against time to find him. Algerian military planes were combing the mountainous eastern Tizi Ouzou region backin
Published 24 Sep, 2014 12:00am
Queen 'purred' at Scottish independence result: Cameron

Queen 'purred' at Scottish independence result: Cameron

Britain's Queen Elizabeth II "purred" when she was told that Scotland had voted against independence, British Prime Minister David Cameron was filmed saying on Tuesday. Cameron was caught on camera making the remarks to former New York mayor Michael Bloom
Published 24 Sep, 2014 12:00am
Ukraine seeks to end 'panic' over sliding currency

Ukraine seeks to end 'panic' over sliding currency

Ukrainian leaders sought Tuesday to reassure financial markets by pledging action to shore up the national currency, which has hit record lows over the conflict in the east and the dire state of the economy. President Petro Poroshenko held talks with lead
Published 24 Sep, 2014 12:00am
Ukraine conflict death toll soars past 3,000: UN

Ukraine conflict death toll soars past 3,000: UN

The death toll in Ukraine's conflict has soared past 3,000, likely by a significant margin, top UN human rights official Ivan Simonovic said Tuesday. "The current registered death toll, as at 21 September, is 3,543, if we are to include the 298 victims of
Published 24 Sep, 2014 12:00am
Jordan backs Arab Bank support after 'Hamas' verdict

Jordan backs Arab Bank support after 'Hamas' verdict

Jordan's central bank said Tuesday it still supports Jordan-based Arab Bank, found liable in a US court of supporting terrorism, saying it had been unable to defend itself adequately. A New York jury found the multinational lender liable Monday on 24 coun
Published 24 Sep, 2014 12:00am
Family hope for toddler saved from 'mass murder' shipwreck

Family hope for toddler saved from 'mass murder' shipwreck

Dozens of families have offered to adopt a Syrian toddler who survived the "mass murder" of a migrant shipwreck in which 500 people were deliberately drowned, Greek authorities said Tuesday. The little girl, believed to be 17 to 19 months old, survived th
Published 24 Sep, 2014 12:00am
Abe drops plan for Putin visit to Japan this year

Abe drops plan for Putin visit to Japan this year

Prime Minister Shinzo Abe has dropped plans to host Russian President Vladimir Putin in Japan this year due to friction after Tokyo imposed sanctions on Moscow over the Ukraine crisis, reports said Tuesday. The two countries had agreed on the Russian lead
Published 24 Sep, 2014 12:00am
Merkel pledges support to Afghan president-elect

Merkel pledges support to Afghan president-elect

German Chancellor Angela Merkel offered support on security and economic development to Afghanistan in a phone call Tuesday congratulating its new president-elect Ashraf Ghani, her spokesman said. Merkel said it was now important to strengthen Afghanistan
Published 24 Sep, 2014 12:00am
HBFCL's recovery campaign in other zones from October 1

HBFCL's recovery campaign in other zones from October 1

While chairing a meeting, Pervez Said, Managing Director, House Building Finance Company Limited (HBFCL) emphasised on the importance of recovery side of operations and desired that during last quarter of the year, special efforts should be made to reduce
Published 24 Sep, 2014 12:00am
LUMHS VC asks consultants to visit wards in evenings

LUMHS VC asks consultants to visit wards in evenings

The Vice Chancellor Liaquat University of Medical & Health Sciences Jamshoro Professor Noshad A Shaikh presided over the meeting of Hospital Management Committee held on Tuesday at Civil Hospital Hyderabad, attended by the Medical Superintendent, Deans an
Published 24 Sep, 2014 12:00am
Temple structure: KMC, Bahria Town directed to ensure protection

Temple structure: KMC, Bahria Town directed to ensure protection

The Sindh High Court (SHC) on Tuesday directed the Karachi Metropolitan Corporation (KMC) and a construction firm to take immediate measures for protection of the structure of 150-year-old Shri Ratneshwar Mahadev Temple in Clifton from damages that might
Published 24 Sep, 2014 12:00am
Two bullet-riddled bodies found in Turbat

Two bullet-riddled bodies found in Turbat

Levies found two bullet-riddled bodies in Turbat area on Tuesday. Muhammad Irshad, a Levies official, said that local residents spotted two bodies in Pidark area of Turbat. "The bodies are yet to be identified," he said. The official said a Levies team wa
Published 24 Sep, 2014 12:00am
Policeman among five killed in Karachi

Policeman among five killed in Karachi

Policeman among five people killed in separate violent incidents in Karachi on Wednesday. According to police and rescue sources, a police constable No: 16150, Tahir Farooq, was killed when unidentified assailants lobbed a cracker on a police van near Eru
Published 24 Sep, 2014 12:00am
Shesha café busted, 22 illegal shops in park bulldozed

Shesha café busted, 22 illegal shops in park bulldozed

Sindh Minister for Information and Local Government Sharjeel Inam Memon has busted a Shesha café, bulldozed 22 shops, a fitness club and a canteen established illegally in the Jamaluddin Afghani Park, in the jurisdiction of Bahadarabad police station and
Published 24 Sep, 2014 12:00am
Nishat Mills announces Rs 5.51 billion earnings in Fiscal Year 2014

Nishat Mills announces Rs 5.51 billion earnings in Fiscal Year 2014

Nishat Mills (NML), Pakistan's largest textile mill, announced FY14 unconsolidated earnings of Rs 5.51 billion (EPS Rs 15.68) compared to Rs 5.85 billion (EPS Rs 16.63) last year, down 5.7 percent. The result is also accompanied with final cash dividend o
Published 24 Sep, 2014 12:00am
Nishat Mills announces Rs 5.51 billion earnings in Fiscal Year 2014

Nishat Mills announces Rs 5.51 billion earnings in Fiscal Year 2014

Nishat Mills (NML), Pakistan's largest textile mill, announced FY14 unconsolidated earnings of Rs 5.51 billion (EPS Rs 15.68) compared to Rs 5.85 billion (EPS Rs 16.63) last year, down 5.7 percent. The result is also accompanied with final cash dividend o
Published 24 Sep, 2014 12:00am
Bilawal condemns Peshawar blast

Bilawal condemns Peshawar blast

Chairperson, Pakistan Peoples' Party Bilawal Bhutto Zardari has strongly condemned bomb attack, which killed three people in Peshawar on Tuesday. In a statement issued here, he expressed sympathies with those who lost their lives and sustained injuries in
Published 24 Sep, 2014 12:00am
Khushhalibank holds fifth LADIESFUND entrepreneurship conference

Khushhalibank holds fifth LADIESFUND entrepreneurship conference

Khushhalibank, the country's premier microfinance institution, sponsored the fifth LADIESFUND Entrepreneurship Conference (LEC 2014) held in Karachi. Khushhalibank has been one of the leading sponsors for LEC for the last two years. This year LEC hosted a
Published 24 Sep, 2014 12:00am
Attock Cement Pakistan Limited

Attock Cement Pakistan Limited

Established in 1981, the Attock Cement Pakistan Limited (KSE: ACPL) is a member of the Pharaon Group of Companies in Pakistan. As a joint venture between Pakistan and Saudi Arabia, the project initially involved an outlay of around Rs 1.5 billion, with a
Published 24 Sep, 2014 12:00am
Attock Cement Pakistan Limited

Attock Cement Pakistan Limited

Established in 1981, the Attock Cement Pakistan Limited (KSE: ACPL) is a member of the Pharaon Group of Companies in Pakistan. As a joint venture between Pakistan and Saudi Arabia, the project initially involved an outlay of around Rs 1.5 billion, with a
Published 24 Sep, 2014 12:00am
PIA's hair raising deal!

PIA's hair raising deal!

The PIA management, Aviation Advisor and PALPA have joined hands to scratch each others' back, according to sources in PIA. Management, they said is taking instructions from PALPA on cockpit crew promotions and placements (although Director Flight Operati
Published 24 Sep, 2014 12:00am
London conspiracy aimed to stop Chinese investment: Shahbaz

London conspiracy aimed to stop Chinese investment: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif has said that Imran Khan and Tahir-ul-Qadri have spent billions of rupees on sit-ins in Islamabad. He said that it would be better if this amount had been spent on helping the affectees. Shahbaz Sharif said th
Published 24 Sep, 2014 12:00am
Hamza for making new Pakistan in KP first

Hamza for making new Pakistan in KP first

Leader of Pakistan Muslim League-N, Hamza Shahbaz Sharif MNA said after the failure of London conspiracy, the leaders staging sit-ins should come out to help the flood affected ones. He said that the nation has given decision in favour of supremacy of par
Published 24 Sep, 2014 12:00am
Pak-US IPR meeting held

Pak-US IPR meeting held

Interim Progress Review (IPR) meeting between Pakistan and the United States was held in the Ministry of Defence on Monday to consider the progress of last Defence Consultative group meeting held in Washington in November, 2013. The US delegation was led
Published 24 Sep, 2014 12:00am
Rangers' DG vows to rid Karachi of criminals

Rangers' DG vows to rid Karachi of criminals

New Director General of Rangers Sindh Major General Bilal Akbar held separate meetings with Governor Sindh Dr Ishrat-ul-Ebad Khan and Chief Minister of Sindh Syed Qaim Ali Shah in Karachi on Tuesday. The Governor congratulated Akbar on his appointment and
Published 24 Sep, 2014 12:00am
FBR rejects new proposal of retailer's community

FBR rejects new proposal of retailer's community

The Federal Board of Revenue (FBR) has rejected new proposals of the retailer's community to bring changes in the procedures for retail outlets registration under the scheme announced in budget (2014-15). A senior FBR official told Business Recorder </
Published 24 Sep, 2014 12:00am
Congo, ebola virus WHO offers training to doctors

Congo, ebola virus WHO offers training to doctors

WHO Country Head in Pakistan Dr Michel Jean Jules has offered to hold training workshops immediately in Lahore, Rawalpindi and Multan for doctors of Punjab health department about Congo fever and Ebola virus. Dr Michel Jean Jules along with four member de
Published 24 Sep, 2014 12:00am
LG to unveil newest L Series smartphones at IFA 2014 in Berlin

LG to unveil newest L Series smartphones at IFA 2014 in Berlin

LG Electronics (LG) will unveil a pair of its newest smartly-priced L Series smartphones at IFA 2014 in Berlin. The L Fino and L Bello are powerful alternatives to higher-priced smartphones, perfect for teenagers and first-time smartphone owners in emergi
Published 24 Sep, 2014 12:00am
Pakistan holds UK ties in high esteem: Bokhari

Pakistan holds UK ties in high esteem: Bokhari

Chairman Senate Syed Nayyer Hussain Bokhari on Tuesday said Pakistan valued its bilateral relations with United Kingdom at high esteem. "Pakistani community living in UK is acting as bridge between the two sides," he expressed these views while talking to
Published 24 Sep, 2014 12:00am
PTCL sends relief goods for flood-hit people

PTCL sends relief goods for flood-hit people

Pakistan Telecommunication Company Limited (PTCL) is carrying-out relief efforts in the areas affected by recent torrential rains and severe floods. A large part of the country has been inundated by the recent floods, affecting millions of people. PTCL ha
Published 24 Sep, 2014 12:00am
Arrest of workers: PTI contempt plea dismissed

Arrest of workers: PTI contempt plea dismissed

The Lahore High Court here on Tuesday dismissed a contempt petition filed by Pakistan Tehreek-i-Insaf (PTI) against detention of its workers in violation of a court order. A PTI leader Zubair Khan Niazi through his counsel pleaded that despite the court o
Published 24 Sep, 2014 12:00am
Services of Corps Commander, DG Rangers lauded

Services of Corps Commander, DG Rangers lauded

Siraj Kassam Teli, Patron-in-Chief; M Zubair Motiwala, former chairman and Younus M Bashir, Chairman, SITE Association of Industry, have commended and appreciated the efforts of Corps Commander Lieutenant General Sajjad Ghani and Director General Rangers
Published 24 Sep, 2014 12:00am
Decimal coins: SBP reminds public

Decimal coins: SBP reminds public

The State Bank of Pakistan (SBP) has reminded the general public to exchange the decimal coins of paisa 1,2,5,10,25 & 50 from the field offices of SBP BSC and commercial/microfinance banks branches by last working day of September 30, 2014 For awareness o
Published 24 Sep, 2014 12:00am
Sartaj, Australian foreign minister discuss ties

Sartaj, Australian foreign minister discuss ties

Adviser to the Prime Minister on National Security and Foreign Affairs, Sartaj Aziz, on Monday held a meeting with the Australian Foreign Minister Julie Bishop at the UN Headquarters during which they discussed bilateral relations. The two officials also
Published 24 Sep, 2014 12:00am
Ruet-e-Hilal body to meet tomorrow

Ruet-e-Hilal body to meet tomorrow

The Central Ruet-e-Hilal Committee would meet on Thursday for sighting the crescent of Zil Hajj (Eid-ul-Azha) 1435 AH in the building of Pakistan Meteorological Department Karachi. Mufti Muneeb-ur-Rehman will chair the meeting of the Central Committee. Zo
Published 24 Sep, 2014 12:00am
Bosnia and Herzegovina - ready to provide technical help

Bosnia and Herzegovina - ready to provide technical help

"Pakistan stands ready to extend all possible technical assistance to the efforts aimed at strengthening Bosnia and Herzegovina, while reiterating strong support for the country's sovereignty and territorial integrity," Foreign Secretary Aizaz Ahmad Chaud
Published 24 Sep, 2014 12:00am
Woman among two killed in road accident

Woman among two killed in road accident

At least two people including a woman were died and eight others injured in a road mishap in Wadh area of Khuzdar district, on Tuesday. According to Levies officials, a pick-up vehicle carrying passengers of a same family was on way to Khuzdar city from O
Published 24 Sep, 2014 12:00am
GCU holds science exhibition

GCU holds science exhibition

The Ravian Forensic Society (RFS) on Tuesday held the "Science Poster Exhibition" at the Government College University Lahore to highlight the quality research being carried out in the university in various fields of Chemistry, Physics, Botany, Microbiolo
Published 24 Sep, 2014 12:00am
Shahbaz's 63rd birthday celebrated

Shahbaz's 63rd birthday celebrated

The PML-N workers celebrated 63rd birthday of senior party leader and Punjab Chief Minister Muhammad Shahbaz Sharif here on Tuesday. Punjab Food Minister Bilal Yasin, along with party workers, cut the birthday cake in his office. While appreciating the ex
Published 24 Sep, 2014 12:00am
Two get five-year jail in extortion case

Two get five-year jail in extortion case

An Anti-Terrorism Court-V (ATC-V) on Tuesday sentenced two accused Naeem and Sohail to five years imprisonment; however, it acquitted third accused Ayaz in money extortion case. According to prosecution, Naeem and Sohail were found guilty of demanding ext
Published 24 Sep, 2014 12:00am
PTI terms ECP report 'white paper against government'

PTI terms ECP report 'white paper against government'

Pakistan Tehreek-e-Insarf (PTI) on Tuesday termed the recently released Election Commission of Pakistan's (ECP) post-polls report as a "white paper/charge-sheet" against the government for alleged rigging in the last year's general elections. Speaking at
Published 24 Sep, 2014 12:00am
KMC seems helpless against encroachers

KMC seems helpless against encroachers

Karachi Metropolitan Corporation (KMC) seems helpless against the encroahers, as encroachments are remerging in different areas of the city despite KMC's continued operation against encroachments. Sources said that administration of Karachi Metropolitan C
Published 24 Sep, 2014 12:00am
BoD meeting of ICT R&D Fund Company held

BoD meeting of ICT R&D Fund Company held

The Board of Directors meeting of National ICT R&D Fund Company was held with Minister for Information Technology Anusha Rahman in the chair here on Tuesday. The meeting was primarily convened to discuss the report of Performance Audit of technical R & D
Published 24 Sep, 2014 12:00am
BoD meeting of ICT R&D Fund Company held

BoD meeting of ICT R&D Fund Company held

The Board of Directors meeting of National ICT R&D Fund Company was held with Minister for Information Technology Anusha Rahman in the chair here on Tuesday. The meeting was primarily convened to discuss the report of Performance Audit of technical R & D
Published 24 Sep, 2014 12:00am
Chinese delegation meets BoP President

Chinese delegation meets BoP President

A Chinese delegation headed by Du Yonggang, Vice Minister of United Works Department and Party Group Secretary of Federation of Industry and Businesses Yentai city (China), visited the Bank of Punjab (BoP)'s head office here on Tuesday. The purpose of vis
Published 24 Sep, 2014 12:00am
ECP to present fact-sheet to Parliamentary body on September 29

ECP to present fact-sheet to Parliamentary body on September 29

The Election Commission of Pakistan (ECP) is preparing a fact-sheet to be presented to the Parliamentary Committee on Electoral Reforms on September 29, on various issues being raised about role of Returning Officers, printing of ballot papers and use of
Published 24 Sep, 2014 12:00am
'Park N Ride Plaza': LDA to auction tenancy rights of rooftop restaurant

'Park N Ride Plaza': LDA to auction tenancy rights of rooftop restaurant

Lahore Development Authority (LDA) will hold open auction of tenancy rights of highest rooftop restaurant in the city, built at the 10th floor of 'Park N Ride Plaza' in Liberty Market, on September 25, at LDA Community Centre. According to a LDA's spokesp
Published 24 Sep, 2014 12:00am
National Aviation Policy being revised: Shujaat Azeem

National Aviation Policy being revised: Shujaat Azeem

National Aviation Policy is being revised and its draft is being prepared with the consultation of all the stake-holders and is expected to be finalised at the end of this month which will prove to be revolutionary in the aviation industry, said Captain S
Published 24 Sep, 2014 12:00am
Vegetables' prices up ahead of Eid-ul-Azha

Vegetables' prices up ahead of Eid-ul-Azha

As Eid-ul-Azha is fast approaching and people are looking forward to celebrate the holy occasion, profiteer mafia has increased the prices of green vegetables under the pretext of floods, short supply and rising cost of transportation. Retailers pushed up
Published 24 Sep, 2014 12:00am
Rana Mashhood condoles

Rana Mashhood condoles

Provincial Minister for Law and Education Rana Mashhood Ahmed Khan on Tuesday went to the residence of Malik Riaz Alam, Senior Vice-President, PML-N UK, at Gulshan-e-Ravi to condole the death of his mother. Son of the deceased and former Nazim Union Counc
Published 24 Sep, 2014 12:00am
PIAF-Founder Alliance felicitated

PIAF-Founder Alliance felicitated

Chairman Standing Committee on Halal Food of the Lahore Chamber of Commerce and Industry (LCCI) Nasib Ahmad Saifi has congratulated the PIAF-Founder Alliance's leadership on winning the annual elections 2014-15. In a statement issued here on Tuesday, he s
Published 24 Sep, 2014 12:00am
Awareness campaign against hazardous aspects of smoking urged

Awareness campaign against hazardous aspects of smoking urged

Minister Finance, Excise & Taxation Mujtaba Shuja-ur-Rehman has said the government is paying full attention towards provision of state-of-the-art healthcare facilities to the people at grassroots level. He stressed upon the doctors community for launchin
Published 24 Sep, 2014 12:00am
PSDF, Akhuwat ink MoU to facilitate trainees

PSDF, Akhuwat ink MoU to facilitate trainees

Punjab Skills Development Fund (PSDF) signed a Memorandum of Understanding (MoU) with Akhuwat to help PSDF-funded trainees get access to Akhuwat interest free microfinance loans enabling these trainees to start their own business. Chief Executive Officer
Published 24 Sep, 2014 12:00am
Robberies, extortion cases: traders stage protest in Multan

Robberies, extortion cases: traders stage protest in Multan

Chamber of Small Traders, Anjuman Tajiran, Haram-Gate, Nishat Road, Akbar Road, Khuni Burj Road staged a demonstration against increased cases of robberies and extortion in the city and apathetic attitude of the police. They blocked all the roads and stag
Published 24 Sep, 2014 12:00am
Energy constraints lead to decline in exports: APTMA

Energy constraints lead to decline in exports: APTMA

Chairman APTMA Punjab S M Tanveer has said the textile industry exports are on a nose-dive plunge from April 2014 to August 2014 in basic textile due to energy constraints, particularly in the province of Punjab. He said the textile industry exports data
Published 24 Sep, 2014 12:00am
ANF seizes narcotics worth Rs 300 million, arrests 13 smugglers

ANF seizes narcotics worth Rs 300 million, arrests 13 smugglers

The Anti Narcotics Force on Tuesday seized drugs including 41 Kgs of Heroin, 14 Kgs of Charas, 8 Kgs of Opium, rounded up 13 drug smugglers and confiscated 4 vehicles in 8 operations. Colonel Habib of ANF media cell said that operations were conducted aga
Published 24 Sep, 2014 12:00am
Call to implement joint strategy to control congo fever

Call to implement joint strategy to control congo fever

In view of large-scale movement of sacrificial animals on the eve of Eid-ul-Azha, Advisor to Chief Minister Punjab on Health Khawaja Salman Rafique has directed Health and Livestock Departments to implement a joint strategy to control Congo fever. He dire
Published 24 Sep, 2014 12:00am
LGH dialysis centre: modern medical equipments donated

LGH dialysis centre: modern medical equipments donated

A charity donor and President Ferozpur Road Welfare Organisation, Sheikh Riaz Ahmed here donated modern medical equipments for dialyses centre of LGH worth one million rupees. Sheikh Riaz Ahmed handed over the equipments to Professor Anjum Habib Vohra, Pr
Published 24 Sep, 2014 12:00am
Scholarships worth Rs 32 million disbursed to 1,200 GCU students

Scholarships worth Rs 32 million disbursed to 1,200 GCU students

The Government College University, Lahore, despite all the financial challenges, has disbursed scholarships worth rupees 32 million among its 1,200 financially-challenged students in the last academic year, said Vice Chancellor Professor Dr Muhammad Khale
Published 24 Sep, 2014 12:00am
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