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Print - 2014-11-06
Canada, Australia must explain visa block on Ebola nations

Canada, Australia must explain visa block on Ebola nations

The World Health Organisation said Wednesday it had asked Canada and Australia to justify their decisions last week to suspend migration from Ebola-hit west African countries. "These are measures that go beyond the recommendations of the WHO's emergency c
Published 06 Nov, 2014 12:00am
Shell kills young footballers in crumbling Ukraine cease-fire

Shell kills young footballers in crumbling Ukraine cease-fire

Ukraine's tattered cease-fire came under new strain Wednesday as shelling killed two teenagers playing football in rebel-held Donetsk and President Petro Poroshenko said he was deploying reinforcements to face a threatened separatist offensive. In another
Published 06 Nov, 2014 12:00am
EU misspent nearly 7 billion euros last year: watchdog

EU misspent nearly 7 billion euros last year: watchdog

The European Union misspent nearly 7 billion euros ($8.76 billion) in 2013, an ombudsman said Wednesday, warning that Brussels must focus on getting better results for its money. The so-called error rate for spending fell to 4.7 percent in the EU's 2013 b
Published 06 Nov, 2014 12:00am
Kerry warns Russia over Ukraine

Kerry warns Russia over Ukraine

US Secretary of State John Kerry on Wednesday warned Russia that sanctions pressure could be intensified over the Ukraine crisis but urged Kiev not to get drawn into "tit-for-tat" measures. Speaking to reporters in Paris after holding talks with French Fo
Published 06 Nov, 2014 12:00am
Kerry says 'driving towards finish' on Iran nuke deal

Kerry says 'driving towards finish' on Iran nuke deal

US Secretary of State John Kerry claimed Wednesday he was "driving towards the finish" to secure what would be a historic deal with Iran over its nuclear programme as a November 24 deadline looms. Speaking to reporters in Paris, Kerry said there was "no i
Published 06 Nov, 2014 12:00am
Mounting death toll for Afghan troops: US general

Mounting death toll for Afghan troops: US general

Afghan troops are dying on the battlefield in unprecedented numbers after having taken over from Nato-led forces, and the death toll is "not sustainable," a top US commander in Afghanistan said Wednesday. Afghan army and police have suffered a 6.5 percent
Published 06 Nov, 2014 12:00am
Cameron has 'problem' with other leaders: Juncker

Cameron has 'problem' with other leaders: Juncker

New European Commission chief Jean-Claude Juncker accused British Prime Minister David Cameron Wednesday of having a "problem" with other EU leaders, stoking a bitter budget battle between London and Brussels. Juncker opened his first press conference as
Published 06 Nov, 2014 12:00am
Britain, France, US seek action over UN failings in Darfur

Britain, France, US seek action over UN failings in Darfur

Britain, France and the United States are demanding that action be taken against senior officials from the UN mission in Sudan's Darfur who failed to report crimes by Sudanese forces, diplomats said Wednesday. An internal UN probe of allegations that the
Published 06 Nov, 2014 12:00am
EU immigrants give 20 billion pound boost to UK economy

EU immigrants give 20 billion pound boost to UK economy

Immigrants to Britain from the European Union have contributed more than 20 billion pounds ($32 billion) to the British economy since 2001, according to a report on Wednesday on an issue dominating political debate ahead of next year's election. Prime Min
Published 06 Nov, 2014 12:00am
Dominican Republic court rejects inter-American rights court

Dominican Republic court rejects inter-American rights court

The Dominican Republic's top court has struck down as unconstitutional an international agreement recognising the Inter-American Court of Human Rights amid a dispute over deportations of Haitians and their Dominican-born descendants. The 10-3 decision Tue
Published 06 Nov, 2014 12:00am
Syria army retakes gas fields from jihadists: monitor

Syria army retakes gas fields from jihadists: monitor

The Syrian army on Wednesday recaptured two key gas fields and a gas company in central Homs province, less than a week after their seizure by jihadists, a monitoring group said. "Regime forces and pro-regime militia retook control of the Jhar and Mahr ga
Published 06 Nov, 2014 12:00am
Britain to send more personnel to train Iraqi forces

Britain to send more personnel to train Iraqi forces

Britain will send more security personnel to Iraq to help train forces for their battle against the Islamic State jihadist group, Defence Secretary Michael Fallon said on Wednesday. The United Kingdom, which is supporting US-led air strikes aimed at drivi
Published 06 Nov, 2014 12:00am
Drone strike 'kills Qaeda commander' in Yemen

Drone strike 'kills Qaeda commander' in Yemen

A suspected US drone strike killed an al Qaeda commander in central Yemen, a security source said on Wednesday. "Shawki al-Baadani, alias Khawlan al-Sanaani and also Abu Maissara al-Hanki, was left dead by a drone raid" that killed 20 al Qaeda fighters th
Published 06 Nov, 2014 12:00am
Israel urges Turkey to respect Cyprus right to energy

Israel urges Turkey to respect Cyprus right to energy

Israel's foreign minister said Wednesday that Turkey must respect Cyprus's right to explore for natural gas and avoid sparking unnecessary tension in the region. Avigdor Lieberman said each country must respect the sovereign rights of their neighbour, add
Published 06 Nov, 2014 12:00am
Asia's richest man buys 60 aircraft in $2.5 billion deals

Asia's richest man buys 60 aircraft in $2.5 billion deals

A property flagship led by Asia's richest tycoon Li Ka-shing said on Wednesday it plans to buy up to 60 passenger jets in a series of transactions that amount to more than $2.5 billion. The Hong Kong businessman made his first major foray into the aviatio
Published 06 Nov, 2014 12:00am
Czech billionaire's political rise inspires some, alarms others

Czech billionaire's political rise inspires some, alarms others

In just three years, Czech Finance Minister Andrej Babis has managed to expand smoothly beyond business into politics and now appears poised to be a contender for prime minister. His decades of experience running successful businesses was always part of h
Published 06 Nov, 2014 12:00am
Thousands of Gaza civil servants strike

Thousands of Gaza civil servants strike

About 20,000 civil servants in the Gaza Strip went on strike Tuesday to protest the Palestinian unity government's refusal to pay military and security employees of the Islamist movement Hamas. All ministries and other institutions run by Hamas in Gaza we
Published 06 Nov, 2014 12:00am
Jordan recalls envoy to Israel over mosque clashes

Jordan recalls envoy to Israel over mosque clashes

Jordan recalled its ambassador to Israel on Wednesday and moved to file a UN complaint after police clashed with stone-throwing Palestinians inside the flashpoint Al-Aqsa mosque compound. Jordanian Foreign Minister Nasser Judeh said Israel's recent action
Published 06 Nov, 2014 12:00am
Shanghai copper slips

Shanghai copper slips

The most-traded January copper contract on the Shanghai Futures Exchange fell 2 percent to 46,580 yuan ($7,622) a tonne on Wednesday and Shanghai zinc shed 3 percent as weak China economic data compounded a selloff that started in oil and spilled over int
Published 06 Nov, 2014 12:00am
Copper hits three-week low

Copper hits three-week low

Copper fell to a two-week low on Wednesday on worries over slowing growth in Europe and China, a surging dollar and weakening oil prices, though losses were kept in check by supply delays in Peru. Service-sector growth in China weakened in October as new
Published 06 Nov, 2014 12:00am
Rubber down

Rubber down

Benchmark Tokyo rubber futures fell 3.6 percent to settle at a two-week low on Wednesday, as recent declines in oil prices and concern over excess global supply sapped sentiment. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber
Published 06 Nov, 2014 12:00am
Corn down 2.4 percent

Corn down 2.4 percent

US corn and soyabean futures fell for the second day in a row on Tuesday on pressure from an advancing harvest that provided country elevators and processors around the US Midwest with fresh supplies, traders said. "We have established a short-to-intermed
Published 06 Nov, 2014 12:00am
Palm oil falls

Palm oil falls

Malaysian palm oil futures fell for a second day to a one-week low on Wednesday, tracking steep losses in soy and crude oil, and further pressured by another round of correction. Weaker soyoil prices could diminish appetite for palm as price-sensitive buy
Published 06 Nov, 2014 12:00am
Raw sugar climbs

Raw sugar climbs

Raw sugar on ICE dropped to a one-month low on Wednesday and arabica coffee futures also fell, weighed by expectations that rains in Brazil will bring relief to crops in the world's largest producer of both commodities. New York cocoa futures traded on IC
Published 06 Nov, 2014 12:00am
Gold rises in New York

Gold rises in New York

Gold rose on Tuesday, snapping a four-session losing streak, boosted by a drop in the dollar index and expectations of Asian physical demand following bullion's tumble to a four-year low. The yellow metal was supported as the dollar dropped against the eu
Published 06 Nov, 2014 12:00am
Gold and silver slump in Asia

Gold and silver slump in Asia

Gold slid for a fifth session in six on Wednesday, tumbling to a four-year low below $1,150 an ounce as a strong dollar kept investors away from the safe-haven asset and physical demand failed to provide underlying support. Silver tracked gold lower, hitt
Published 06 Nov, 2014 12:00am
Gold sinks 2.4 percent in Europe

Gold sinks 2.4 percent in Europe

Gold sank 2.4 percent on Wednesday to its lowest since mid-2010, potentially opening the way for a fall to $1,000 as a surging dollar and stronger share prices weakened the investment case for non-yielding bullion. Silver's fall was even sharper, hitting
Published 06 Nov, 2014 12:00am
US MIDDAY: wheat falls

US MIDDAY: wheat falls

US wheat futures fell 1.5 percent on Wednesday, hitting their lowest in more than a week on poor export demand for US supplies and pressure from a firm US dollar, traders said. Corn edged higher, with traders noting some bargain buying after posting sharp
Published 06 Nov, 2014 12:00am
US MIDDAY: gold sinks

US MIDDAY: gold sinks

Gold sank more than 2 percent early on Wednesday to its lowest since mid-2010, potentially opening the way for a fall to $1,000 as a surging dollar and stronger share prices weakened the investment case for non-yielding bullion. Silver's fall of around 5
Published 06 Nov, 2014 12:00am
ICE cotton hits two-week low

ICE cotton hits two-week low

ICE cotton fell in choppy trade on Wednesday, under pressure from the rolling of closely watched index funds and expectations that the US government will increase its projections for excess global inventories in a monthly forecast next week. The most-acti
Published 06 Nov, 2014 12:00am
Oil jumps in volatile trade on Saudi pipeline, US inventories

Oil jumps in volatile trade on Saudi pipeline, US inventories

Oil prices jumped on Wednesday, with Brent rebounding from a four-year-low, as traders reacted to rumours of a pipeline blast in Saudi Arabia and bullish news on US crude inventories. Data from the Energy Information Administration (EIA) showed US crude i
Published 06 Nov, 2014 12:00am
PNS Alamgir to participate in joint Turkish Navy exercise from today

PNS Alamgir to participate in joint Turkish Navy exercise from today

Pakistan Navy ship, PNS Alamgir (FFG 260) with an embarked Z9 EC helicopter onboard, will visit Turkish Aksaz Naval Base Marmaris and Antalya harbour from November 6 to 15, and will participate in joint Turkish Navy exercise "Mavi Balina-14." Pakistan Nav
Published 06 Nov, 2014 12:00am
Death of Fehmida Mirza's mother condoled

Death of Fehmida Mirza's mother condoled

Chairman Senate Nayyar Hussain Bokhari on Wednesday condoled over sad demise of mother of former speaker national assembly Dr Fehmida Mirza. In his condolence messages, the chairman prayed to Almighty Allah to rest the departed soul in eternal peace and g
Published 06 Nov, 2014 12:00am
20 more arrested for stealing electricity

20 more arrested for stealing electricity

During the ongoing campaign to curb the power pilferage, PESCO's Checking Teams with the collaboration of PESCO Police, nabbed 20 more persons using direct hooks. Pesco Special Magistrate sent these accused to Central Jail Peshawar on judicial remand.
Published 06 Nov, 2014 12:00am
PBC, TRTC to sign two MoUs

PBC, TRTC to sign two MoUs

Pakistan Broadcasting Corporation (PBC) and Turkish Radio & Television Corporation will sign two memoranda of understanding (MoUs), disclosed Director General Radio Pakistan Samina Pervez Khalid in an interview. Ms Samina Pervez who was invited by the Tur
Published 06 Nov, 2014 12:00am
Pakistan attaches highest importance to nuclear security, UN told

Pakistan attaches highest importance to nuclear security, UN told

Pakistan assigns the "highest importance" to ensuring the safety and security of the country's nuclear programme, a senior Pakistani diplomat told the UN General Assembly on Tuesday. "We have an unblemished record of running a safe, secure and safeguarded
Published 06 Nov, 2014 12:00am
Shezan Foods Limited

Shezan Foods Limited

Initiated in Pakistan in 1964, Shezan International Limited (KSE: SHEZ) was at the start a joint venture between Shahnawaz Group and the Alliance Development Corporation of USA. Generally involved in the manufacturing, and selling of juices, pickles, jams
Published 06 Nov, 2014 12:00am
Shezan Foods Limited

Shezan Foods Limited

Initiated in Pakistan in 1964, Shezan International Limited (KSE: SHEZ) was at the start a joint venture between Shahnawaz Group and the Alliance Development Corporation of USA. Generally involved in the manufacturing, and selling of juices, pickles, jams
Published 06 Nov, 2014 12:00am
LHWs protest against non-regularisation of services

LHWs protest against non-regularisation of services

Lady Health Workers from Tadno Allahyar held a sit-in in front of press club here on Wednesday and demanded for the regularisation of their services, accusing the provincial co-ordinator of red tapism and corruption. They said that all lady workers in Sin
Published 06 Nov, 2014 12:00am
President urges civil servants to ensure corruption-free governance

President urges civil servants to ensure corruption-free governance

President Mamnoon Hussain urged the civil servants to do their best in ensuring corruption-free governance and serve the people of Pakistan with utmost dedication and honesty. The President emphasised that the officers should perform their duties with max
Published 06 Nov, 2014 12:00am
Bara IDPs: Tribal elders demand registration, relief package

Bara IDPs: Tribal elders demand registration, relief package

Tribal elders from conflict-hit of Tehsil Bara, Khyber Agency, demanded the federal and provincial government to announce a comprehensive compensation package and immediate open registration for fresh dislocated families from the agency. Addressing a news
Published 06 Nov, 2014 12:00am
Textile exports to EU register 19 percent increase

Textile exports to EU register 19 percent increase

Textile exports of the country registered a nominal increase of only one percent in the current calendar year and netted $9.1 billion as compared to $9 billion during the same period of last year, it is learnt. Official sources revealed to Business Rec
Published 06 Nov, 2014 12:00am
KP transporters reluctant to reduce fares

KP transporters reluctant to reduce fares

Despite the recent reduction in prices of petroleum products public transports operators in provincial metropolis did not reduce fares, as according to them, most of their vehicles being running on Compressed Natural Gas (CNG). The provincial transport au
Published 06 Nov, 2014 12:00am
CDWA projects: NAB orders probe into irregularities

CDWA projects: NAB orders probe into irregularities

The National Accountability Bureau (NAB) has ordered an inquiry against officers/officials belonging to Ministry of Special Initiatives who have allegedly siphoned off millions of rupees from 'Clean Drinking Water for All' (CDWA) projects. An official of
Published 06 Nov, 2014 12:00am
Condolence

Condolence

Hameed Haroon, President and Sarmad Ali, Secretary General of the All Pakistan Newspapers Society (APNS) have expressed their profound grief over the sad demise of Begum Akhtar Abid, the wife of veteran publisher Kazi Abdul Majid Abid and mother of Kazi A
Published 06 Nov, 2014 12:00am
BCI survey shows seven percent decline in manufacturing sector

BCI survey shows seven percent decline in manufacturing sector

Business Confidence Index (BCI) survey wave 9 conducted by Overseas Investors Chamber of Commerce and Industry (OICCI) has shown seven per cent decline from 12 per cent in manufacturing sector since March 2014. The OICCI has unveiled the results of its co
Published 06 Nov, 2014 12:00am
PSMA hails cut in POL rates

PSMA hails cut in POL rates

Pakistan Sugar Mills Association (PSMA) Punjab has lauded the efforts of government to reduce POL prices which will have a very positive impact and spur economic activity. Spokesman of the industry said here on Wednesday that there would also be a saving
Published 06 Nov, 2014 12:00am
K-Electric, HBL enter into accord for e-bill payments

K-Electric, HBL enter into accord for e-bill payments

K-Electric and Habib Bank Limited (HBL) recently entered into an agreement whereby K-Electric customers will be able to pay their bill at any HBL Branch in Karachi through the advanced mechanism of UBPS (Utility Bills Payment System). This initiative will
Published 06 Nov, 2014 12:00am
Efficient settlement of trade disputes: KCDR signs MoU with TDRO

Efficient settlement of trade disputes: KCDR signs MoU with TDRO

The Karachi Centre for Dispute Resolution (KCDR) has signed a Memorandum of Understanding with the Trade Dispute Resolution Organisation (TDRO) recently to promote the efficient settlement of trade disputes between foreign and local importers and exporter
Published 06 Nov, 2014 12:00am
LCCI chief urges government to reduce number of public holidays

LCCI chief urges government to reduce number of public holidays

Business community has urged the government to rationalise the number of public holidays in consultation with the business community. Voicing their concern over a number of public holidays observed in Pakistan on account of Eid-ul-Fitr, Eid-ul-Azha, Ashur
Published 06 Nov, 2014 12:00am
Textile exporters for ending 2 percent sales tax regime

Textile exporters for ending 2 percent sales tax regime

Exporters have complained of 'inordinate' delays in sales tax refund by the tax office, saying that the Textile Ministry failed to honour its pledge to clear the refund claims of textile sector. Exporters demanded of the government to abolish the two perc
Published 06 Nov, 2014 12:00am
Masters' degree programs: SU issues first merit list

Masters' degree programs: SU issues first merit list

The Sindh University (SU) Jamshoro on Wednesday issued the first provisional selection list of the candidates admitted to various Masters' degree programs at the varsity and its all campuses for the academic session 2015. The provisional merit list of adm
Published 06 Nov, 2014 12:00am
SCB delegation visits KSE

SCB delegation visits KSE

Stewart Adams, Regional Head of Investors and Intermediaries, Standard Chartered Bank PLC visited the Karachi Stock Exchange recently, where he performed the market opening bell ceremony. Adams and senior member of Standard Chartered Bank Pakistan Ltd's t
Published 06 Nov, 2014 12:00am
Two women among 16 arrested, narcotics worth Rs 1,110 million recovered

Two women among 16 arrested, narcotics worth Rs 1,110 million recovered

ANF in its anti-drug trafficking drive conducted 14 operations at Islamabad, Rawalpindi, Attock, Lahore, Faisalabad, Peshawar, Karachi and Lasbela, recovering 200-kg narcotics worth Rs 1,110 million, besides arresting 16 offenders including two ladies.
Published 06 Nov, 2014 12:00am
KP Governor congratulates nation on peaceful Ashura

KP Governor congratulates nation on peaceful Ashura

The KP Governor, Sardar Mehtab Ahmad Khan has congratulated the entire nation, the people of Khyber Pakhtunkhwa and FATA in particular on peaceful conduct of Muharramul Haram.
Published 06 Nov, 2014 12:00am
Fesco receives no complaint during Ashura

Fesco receives no complaint during Ashura

No complaint was received in the eight districts of Faisalabad Electric Supply Company (FESCO) regarding electricity arrangements from 1st to 10th of Moharram because of the proper planning of the company. On the special directives of the Chief Executive
Published 06 Nov, 2014 12:00am
'Youm-e-Ashur' observed peacefully in KP

'Youm-e-Ashur' observed peacefully in KP

Amid tight security arrangements, Youm-e-Ashur was observed to commemorate the martyrdom of Hazarat Imam Hussain (RA), grandson of Prophet Hazarat Muhammad (PBUH) and his companions in Karbala, as all small and large mourning processions were taken out in
Published 06 Nov, 2014 12:00am
Afghan president likely to visit Pakistan next week

Afghan president likely to visit Pakistan next week

Afghan President Ashraf Ghani Ahmadzai is likely to visit Pakistan next week to hold bilateral talks with civil and military leadership, informed sources said. It will be his first visit to Pakistan after he was sworn in on September 29, 2014. During his
Published 06 Nov, 2014 12:00am
Google, LG enter in global patent licence pact

Google, LG enter in global patent licence pact

LG Electronics Inc (LG) and Google Inc entered into a long-term patent cross-licensing agreement covering a broad range of products and technologies. The agreement covers the two companies' existing patents as well as those filed over the next 10 years. "
Published 06 Nov, 2014 12:00am
91 SIs promoted in KP

91 SIs promoted in KP

On the recommendation of the Departmental Selection Committee, the Inspector General of Police (IGP), Khyber Pakhtunkhwa, Nasir Khan Durrani has approved the promotion of 91 Sub-Inspectors (SIs) to the rank of Inspector. A notification in this regard was
Published 06 Nov, 2014 12:00am
Five bodies found in city identified

Five bodies found in city identified

Five bodies found dumped under a roadway in Karachi have been identified as Baloch youths who had been missing for more than 18 months, police said Wednesday. All five had been shot in the head, their hands tied behind their backs. The bodies have been ta
Published 06 Nov, 2014 12:00am
PM's populist steps: a perspective

PM's populist steps: a perspective

Apropos 'Populist steps to benefit farmers: Prime Minister' carried by Business Recorder on Monday, I was shocked to read that our Prime Minister was boasting about the timely decision his government has taken to increase the support price from Rs
Published 06 Nov, 2014 12:00am
The debt dilemma

The debt dilemma

It was a privilege to have been invited to, and having attended, albeit left early, the National Debt Conference organised by Business Recorder in collaboration with PRIME in the last week of October, 2014. The collection of speakers was indeed imp
Published 06 Nov, 2014 12:00am
Theft goods do not fall within the ambit of 'Taxable Supply'

Theft goods do not fall within the ambit of 'Taxable Supply'

On the question of chargeability of tax on stolen goods, there is an interesting case decided by the European Court of Justice which arose from a tax dispute in Belgium. As luck would have it, cigarettes, without stamps were stolen from an Antwerp tax war
Published 06 Nov, 2014 12:00am
VIEW POINT: Coal-fired power projects

VIEW POINT: Coal-fired power projects

The federal government's proposal to set up ten coal-fired power plants across the country to produce over 4000 megawatt electricity has been the subject of a misplaced focus during the recent days. Media reports have been spotlighting the high cost of tr
Published 06 Nov, 2014 12:00am
Magnificent cricket

Magnificent cricket

Asked how he felt being dropped from the ODIs against Australia a dejected Yunus Khan burst out 'Should I shoot myself?' And as the skipper, Misbah-ul-Haq, lost all the ODIs against Australia he considered opting out of the impending two-Test series. But
Published 06 Nov, 2014 12:00am
Growth in electronic banking

Growth in electronic banking

It is quite apparent that Pakistan is moving with the times when it comes to operational efficiency in the banking system and innovation in catering to clients' demands on a fast-track basis. In keeping with the tradition, Pakistan is also now leaping for
Published 06 Nov, 2014 12:00am
Smeda holds training programme on calf rearing

Smeda holds training programme on calf rearing

With a view to encourage new entrepreneurs to invest in dairy sector, the Small and Medium Enterprises Development Authority (Smeda) in collaboration with ALTECH Pakistan and ASALPAR farm has organised one-day training programme with a special focus on "C
Published 06 Nov, 2014 12:00am
Youm-e-Ashur: Shahbaz lauds security measures

Youm-e-Ashur: Shahbaz lauds security measures

Punjab Chief Minister Shahbaz Sharif has expressed satisfaction over the excellent security measures and law and order situation in the province on Youm-e-Ashur. He said that law enforcement agencies performed their duties efficiently and diligently and d
Published 06 Nov, 2014 12:00am
PSDF launches another vocational training scheme

PSDF launches another vocational training scheme

Determined to promote need-based vocational skills development, Punjab Skills Development Fund (PSDF) launched third round of one of its largest training schemes, skills for Job 2014-15 singing contracts worth Rs 1.7 billion with 44 training service provi
Published 06 Nov, 2014 12:00am
LTC to run shuttle service for Raiwand Ijtima

LTC to run shuttle service for Raiwand Ijtima

Lahore Transport Company (LTC) in co-operation with private transport operators will ply exclusive operation of shuttle service of around 100 buses/ mini buses in order to facilitate the commuters amid Raiwand congregation (Ijtima). Buses / Mini Buses wil
Published 06 Nov, 2014 12:00am
Ashura observed with reverence in Sialkot

Ashura observed with reverence in Sialkot

Ashura, the 10th of Muharram, was observed with reverence and devotion in Sialkot district on Tuesday. On this occasion security arrangements were made for maintaining the law and order in the district. The police, Razakars and special police contingents
Published 06 Nov, 2014 12:00am
Turkish Company keen to invest in water supply, treatment projects

Turkish Company keen to invest in water supply, treatment projects

ENTA, a prominent Turk company's President Uzi Sezer met Punjab Chief Minister Shahbaz Sharif here on Wednesday and expressed interest in investment in water supply and waste water treatment projects in Punjab. Speaking on the occasion, the CM said the pr
Published 06 Nov, 2014 12:00am
Punjab government levies tax only on affluent class: Minister

Punjab government levies tax only on affluent class: Minister

Punjab Finance Minister Mujtaba Shuja-ur-Rehman has said the Punjab government has levied tax only on rich people, owning big houses, and increased duty on luxury vehicles. He expressed these views while talking to party workers here on Wednesday, disclos
Published 06 Nov, 2014 12:00am
Wheat production fixed at 19.5 million tons

Wheat production fixed at 19.5 million tons

The Punjab government has fixed the production target at 19.5 million ton for year 2015 and agriculture experts have advised growers only use approved, recommended seed varieties and fertilisers for maximum wheat production. Speaking at one-day training s
Published 06 Nov, 2014 12:00am
Punjab chief minister congratulates student

Punjab chief minister congratulates student

Punjab Chief Minister Shahbaz Sharif has congratulated the eight-year-old talented student Mahnoor of Government Girls High School, Kot Momin on winning the first position in an international mathematics contest in Australia. The Chief Minister in his mes
Published 06 Nov, 2014 12:00am
UVAS, Austrian university sign MoU

UVAS, Austrian university sign MoU

University of Veterinary and Animal Sciences (UVAS), Lahore signed a Memorandum of Understanding (MoU) with the University of Veterinary Medicine, Vienna, Austria, for the promotion of education and research. The MoU was signed by Dean of Faculty of Bio-S
Published 06 Nov, 2014 12:00am
PIA post-Hajj operation to end tomorrow

PIA post-Hajj operation to end tomorrow

PIA post-Hajj operation is continuing successfully with on time arrivals in Pakistan. The airline has till November 5, carried more than 46,900 Hujjaj from Saudi Arabia to Pakistan through 104 post-Hajj flights and its regular scheduled flights.
Published 06 Nov, 2014 12:00am
Insurance Rules, 2002: CCP concerned at proposed changes

Insurance Rules, 2002: CCP concerned at proposed changes

The Competition Commission of Pakistan (CCP) has informed the Securities and Exchange Commission of Pakistan (SECP) that the proposed changes in Insurance Rules, 2002 under which a five-fold increase in capital requirements and a ten-fold increase in inde
Published 06 Nov, 2014 12:00am
Appellate Tribunal in Sindh: two SHC judges nominated

Appellate Tribunal in Sindh: two SHC judges nominated

President Mamnoon Hussain, on the advice of the Prime Minister, has approved nomination of the Appellate Tribunal consisting of the judges of the High Court of Sindh (Circuit Court Hyderabad), Justice Abdul Rasool Memon and Justice Salahuddin Panhwar, for
Published 06 Nov, 2014 12:00am
Observing peaceful Ashura: President FCCI commends administration

Observing peaceful Ashura: President FCCI commends administration

  • Engineer Rizwan Ashraf, President Faisalabad Chamber of Commerce and Industry (FCCI) have heaved a sigh of relief over the peaceful passage of the martyrdom day of Imam Hussain. In a statement issued here today, he, particularly, thanked chief minister
Published 06 Nov, 2014 12:00am
Five die in IED blasts in Orakzai, Khyber

Five die in IED blasts in Orakzai, Khyber

The IED blasts targeting a mourners' procession in Lower Orakzai Agency and a security forces convoy in Khyber Agencies on Wednesday killed five people including two personnel of Khasadar force and injuring eight others, said political authorities. The mo
Published 06 Nov, 2014 12:00am
Engineering, tech exhibition from November 14

Engineering, tech exhibition from November 14

A three-Day Engineering and Technology Exhibition Pakistan (ETEX 2014) will be held from November 14-16, at local hotel under the auspice of Society of Mechanical Engineers of Pakistan.
Published 06 Nov, 2014 12:00am
Sindh government notifies cut in transport fares

Sindh government notifies cut in transport fares

Government of Sindh has cut the fares of the public transport of inter-city routes of all destinations following the substantial cut in petroleum products' prices by the Federal Government.
Published 06 Nov, 2014 12:00am
Raza Rabbani accuses government of mortgaging economy to IMF

Raza Rabbani accuses government of mortgaging economy to IMF

Central Additional Secretary-General of Pakistan People's Party (PPP)Senator Mian Raza Rabbani has alleged that the federal government had mortgaged the country's economy to the International Monetary Fund (IMF) and the process of selling national institu
Published 06 Nov, 2014 12:00am
Campus Outreach Programme: LSE holds Financial Literacy Initiative

Campus Outreach Programme: LSE holds Financial Literacy Initiative

The Lahore School of Economics (LSE), in association with South Asian Federation of Exchange (SAFE), organised the Financial Literacy Initiative (FLI) under Campus Outreach Programme for the students of Beaconhouse School System Lahore. The Corporate Comm
Published 06 Nov, 2014 12:00am
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