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Print - 2016-02-29
Palestinians reject direct Iran aid to 'intifada' families

Palestinians reject direct Iran aid to 'intifada' families

The Palestinian Authority on Sunday said direct financial assistance by Iran to the families of Palestinians killed in a five-month wave of violence would be unacceptable. Tehran announced last week assistance would be offered to families of Palestinians
Published 29 Feb, 2016 12:00am
PCGA concerned over issuance of notices to ginners
Cotton

PCGA concerned over issuance of notices to ginners

The Central Executive Committee of Pakistan Cotton Ginners Association (PCGA)has expressed its concern on the issuance of notices to the ginners by the livestock department and the Federal Board of Revenue describing them unjust and demanded for withdrawa
Published 29 Feb, 2016 12:00am
CM takes notice of kidnapping, murder of boy

CM takes notice of kidnapping, murder of boy

Punjab Chief Minister Muhammad Shahbaz Sharif has taken notice of kidnapping and murder of a Nine year-old boy of Shadbagh and sought a report from CCPO Lahore. He ordered arrest of the culprits at the earliest. The Chief Minister directed that legal acti
Published 29 Feb, 2016 12:00am
Remittances can cross $20 billion mark: POEPA

Remittances can cross $20 billion mark: POEPA

Pakistan Overseas Employment Promoters Association (POEPA) on Sunday said workers remittances can cross the mark of $20 billion in the ongoing fiscal year.
Published 29 Feb, 2016 12:00am
Cotton yarn: MCCI demands imposition of 25 percent RD
Cotton

Cotton yarn: MCCI demands imposition of 25 percent RD

Sharply reacting on the statement of Commerce Minister Engineer Khurram Dastgir that the government would remove 10 percent Regulatory Duties (RD) on fine yarn, local textile millers, industrialists, spinners have demanded at least 25 percent regulatory d
Published 29 Feb, 2016 12:00am
Refund claims: traders reject three-year bond formula: SCCI President

Refund claims: traders reject three-year bond formula: SCCI President

President Sialkot Chamber of Commerce and Industry (SCCI) Mansoor Ahmed, while addressing the joint trade bodies meeting held at Sialkot Chamber expressed serious concern over the unnecessary delay by the government in payment of refunds and duty draw bac
Published 29 Feb, 2016 12:00am
NFC Award: Sherpao calls increased share of provinces

NFC Award: Sherpao calls increased share of provinces

Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao has called upon the federal government to increase the share of provinces in National Finance Commission (NFC) Award, to remove the sense of deprivation among smaller federating units of the countr
Published 29 Feb, 2016 12:00am
Tax returns APAT seeks extension in deadline

Tax returns APAT seeks extension in deadline

Central Secretary General of All Pakistan Anjuman-e-Tajran (APAT) Naeem Mir has demanded of the government to extend deadline of filing tax returns under Voluntary Tax Compliance Scheme (VTCS) till June 30, to avail maximum benefit.
Published 29 Feb, 2016 12:00am
Six of a family killed in accident

Six of a family killed in accident

At least six member of a family died and three others injured when a jeep fell into a gorge here on Sunday. Police said that a jeep carrying a family skidded off the road and fell into a deep ravine in village Kukmang near Thanda Pani in Abbottabad.
Published 29 Feb, 2016 12:00am
Special package for SMEs demanded
Exchange

Special package for SMEs demanded

Sialkot as total export-oriented city of country and globally known for its quality products and craftsmanship besides since this place possesses century old industrial heritage. It has developed a remarkable export culture over the period and contributin
Published 29 Feb, 2016 12:00am
Government unlikely to extend contract of CEO PSM

Government unlikely to extend contract of CEO PSM

Federal government is unlikely to extend the contract of Chief Executive Officer (CEO), Pakistan Steel Mills (PSM), Major General Zaheer Ahmad Khan (retired) as the latter's performance is considered as appallingly poor during the last two years.
Published 29 Feb, 2016 12:00am
Sibi Mela in full swing

Sibi Mela in full swing

Horse and cattle show, traditionally known as "Sibi Mela", which started on February 25, is in full swing. It will continue till March 3. The historic event, which is being celebrated for the last many centuries in the month of February every year, reflec
Published 29 Feb, 2016 12:00am
Children's Village: Sindh CM inaugurates housing project

Children's Village: Sindh CM inaugurates housing project

Sindh Chief Minister Syed Qaim Ali Shah Sunday inaugurated a project of houses completed by Children's Village Pakistan in collaboration with the Sindh government on the National Highways near Shah Abdul Latif University Khairpur.
Published 29 Feb, 2016 12:00am
Zardari condoles

Zardari condoles

President of Pakistan People's Party Parliamentarians (PPP) and former President of country Asif Ali Zardari has condoled with the families of soldiers who embraced martyrdom in clash with extremists in Shawal area of North Waziristan Agency (NWA) the oth
Published 29 Feb, 2016 12:00am
Shahid Rassam flays VMH Museum Kolkata for cancelling exhibition

Shahid Rassam flays VMH Museum Kolkata for cancelling exhibition

Renowned artist Shahid Rassam while addressing a press conference at Karachi Press Club on Sunday condemned the calling off of the solo paintings exhibition by him at VMH Museum, Kolkata just three hours before the opening ceremony of the exhibition, whic
Published 29 Feb, 2016 12:00am
Unregistered consumers cannot be burdened with Further Tax: ATIR

Unregistered consumers cannot be burdened with Further Tax: ATIR

Appellate Tribunal Inland Revenue (ATIR) has ruled that persons, who are not legally required to obtain sales tax registration, cannot be burdened with Further Tax under Section 3(1A) of the Sales Tax Act, 1990 and they are under no obligation to pay "Fur
Published 29 Feb, 2016 12:00am
Nigeria tells Qatar's ruler: oil prices 'totally unacceptable'
Exchange

Nigeria tells Qatar's ruler: oil prices 'totally unacceptable'

The OPEC cartel needs to take action to stabilise the oil market because crude prices have fallen to "totally unacceptable" levels, Nigerian President Muhammadu Buhari said on Sunday. Nigeria, Africa's biggest oil producer which earns around 90 percent of
Published 29 Feb, 2016 12:00am
Nigeria tells Qatar's ruler: oil prices 'totally unacceptable'
Exchange

Nigeria tells Qatar's ruler: oil prices 'totally unacceptable'

The OPEC cartel needs to take action to stabilise the oil market because crude prices have fallen to "totally unacceptable" levels, Nigerian President Muhammadu Buhari said on Sunday. Nigeria, Africa's biggest oil producer which earns around 90 percent of
Published 29 Feb, 2016 12:00am
Indian man kills 14 family members with knife

Indian man kills 14 family members with knife

A 35-year-old man killed 14 members of his family including six children with a butcher's knife before committing suicide in India, with police baffled Sunday about a motive for the attack. The grisly murders occurred after Hasnin Anwar Warekar and his ex
Published 29 Feb, 2016 12:00am
Indian man kills 14 family members with knife

Indian man kills 14 family members with knife

A 35-year-old man killed 14 members of his family including six children with a butcher's knife before committing suicide in India, with police baffled Sunday about a motive for the attack. The grisly murders occurred after Hasnin Anwar Warekar and his ex
Published 29 Feb, 2016 12:00am
Blame-trading tests Syria's fragile truce

Blame-trading tests Syria's fragile truce

Major players in Syria's war traded accusations Sunday over violations of the first major cease-fire in the five-year conflict, but the truce remained largely intact on its second day. Aid groups hope to use the lull in fighting that has claimed 270,000 l
Published 29 Feb, 2016 12:00am
Blame-trading tests Syria's fragile truce

Blame-trading tests Syria's fragile truce

Major players in Syria's war traded accusations Sunday over violations of the first major cease-fire in the five-year conflict, but the truce remained largely intact on its second day. Aid groups hope to use the lull in fighting that has claimed 270,000 l
Published 29 Feb, 2016 12:00am
Dining with Israeli ambassador: Egyptian lawmaker attacked with shoe

Dining with Israeli ambassador: Egyptian lawmaker attacked with shoe

Egyptian lawmaker Tawfik Okasha was attacked in parliament on Sunday, with one colleague hurling a shoe at him and others demanding he be suspended after he invited the Israeli ambassador for dinner. Egypt was the first of a handful of Arab countries to r
Published 29 Feb, 2016 12:00am
Dining with Israeli ambassador: Egyptian lawmaker attacked with shoe

Dining with Israeli ambassador: Egyptian lawmaker attacked with shoe

Egyptian lawmaker Tawfik Okasha was attacked in parliament on Sunday, with one colleague hurling a shoe at him and others demanding he be suspended after he invited the Israeli ambassador for dinner. Egypt was the first of a handful of Arab countries to r
Published 29 Feb, 2016 12:00am
Chad leader facing biggest protests of his long rule

Chad leader facing biggest protests of his long rule

The nation-wide strikes which brought Chad's biggest cities to a halt this week over President Idriss Deby Itno's planned bid for re-election are some of the most significant protests of the hard-liner's 26-year rule.
Published 29 Feb, 2016 12:00am
30 years on, killing of Swedish PM still an 'open wound'

30 years on, killing of Swedish PM still an 'open wound'

Sweden on Sunday marked the 30th anniversary of the assassination of prime minister Olof Palme, gunned down in a murder that sent shockwaves through the country and which remains an enigma despite thousands of leads.
Published 29 Feb, 2016 12:00am
Turkey has foiled 18 suicide attacks so far this year

Turkey has foiled 18 suicide attacks so far this year

Turkish security forces have foiled 18 suicide attacks since the start of the year, three of them by intercepting vehicles planned for use as car bombs, Interior Minister Efkan Ala said in an interview with the Kanal 7 television station on Sunday.
Published 29 Feb, 2016 12:00am
'Spotlight' leads Spirit Award winners; diversity takes center stage

'Spotlight' leads Spirit Award winners; diversity takes center stage

The journalism drama "Spotlight" led the winners at Saturday's Independent Spirit Awards with four accolades, including the night's top prize for best feature, at an event where diversity was front and center as black and transgender actors won key awards
Published 29 Feb, 2016 12:00am
Modi to attend SAARC summit in Islamabad

Modi to attend SAARC summit in Islamabad

Special Assistant to the Prime Minister (SAPM) on Foreign Affairs, Syed Tariq Fatemi, has said that Indian Prime Minister Narendra Modi would attend the South Asian Association for Regional Cooperation (SAARC) summit in Islamabad this year.
Published 29 Feb, 2016 12:00am
Modi to attend SAARC summit in Islamabad

Modi to attend SAARC summit in Islamabad

Special Assistant to the Prime Minister (SAPM) on Foreign Affairs, Syed Tariq Fatemi, has said that Indian Prime Minister Narendra Modi would attend the South Asian Association for Regional Cooperation (SAARC) summit in Islamabad this year.
Published 29 Feb, 2016 12:00am
Pak-US talks to go beyond security

Pak-US talks to go beyond security

Four-member Pakistani delegation reached Washington on Sunday to attend the sixth round of ministerial-level Pakistan-US strategic dialogue due to held on Monday. The delegation is headed by Adviser on Foreign Affairs Sartaj Aziz and includes Minister for
Published 29 Feb, 2016 12:00am
Pak-US talks to go beyond security

Pak-US talks to go beyond security

Four-member Pakistani delegation reached Washington on Sunday to attend the sixth round of ministerial-level Pakistan-US strategic dialogue due to held on Monday. The delegation is headed by Adviser on Foreign Affairs Sartaj Aziz and includes Minister for
Published 29 Feb, 2016 12:00am
'Thunder of the North' exercise begins

'Thunder of the North' exercise begins

Armed forces from 20 countries have begun manoeuvres in north-eastern Saudi Arabia that the official Saudi Press Agency described as one of the world's biggest military exercises. Troops from Pakistan, Malaysia, Turkey, Egypt, Morocco, Jordan and Sudan ar
Published 29 Feb, 2016 12:00am
'Thunder of the North' exercise begins

'Thunder of the North' exercise begins

Armed forces from 20 countries have begun manoeuvres in north-eastern Saudi Arabia that the official Saudi Press Agency described as one of the world's biggest military exercises. Troops from Pakistan, Malaysia, Turkey, Egypt, Morocco, Jordan and Sudan ar
Published 29 Feb, 2016 12:00am
Withholding agents: FBR orders immediate inspection of tax records

Withholding agents: FBR orders immediate inspection of tax records

The Federal Board of Revenue (FBR) has ordered immediate inspection of tax records of the withholding agents across the country covering audit of agents, scrutiny of stocks of agents, action against non-filers of the withholding statements and verificatio
Published 29 Feb, 2016 12:00am
Withholding agents: FBR orders immediate inspection of tax records

Withholding agents: FBR orders immediate inspection of tax records

The Federal Board of Revenue (FBR) has ordered immediate inspection of tax records of the withholding agents across the country covering audit of agents, scrutiny of stocks of agents, action against non-filers of the withholding statements and verificatio
Published 29 Feb, 2016 12:00am
Withholding agents: FBR orders immediate inspection of tax records

Withholding agents: FBR orders immediate inspection of tax records

The Federal Board of Revenue (FBR) has ordered immediate inspection of tax records of the withholding agents across the country covering audit of agents, scrutiny of stocks of agents, action against non-filers of the withholding statements and verificatio
Published 29 Feb, 2016 12:00am
PSX stays almost flat
Cotton

PSX stays almost flat

Pakistan equities ended "almost flat" at 31,294 points, registering 0.9 percent Week-on-Week (WoW) growth in the benchmark KSE-100 index during the week that ended on February 26. Compared to 124 million of preceding week, daily trade averaged 11.5 percen
Published 29 Feb, 2016 12:00am
PSX stays almost flat
Cotton

PSX stays almost flat

Pakistan equities ended "almost flat" at 31,294 points, registering 0.9 percent Week-on-Week (WoW) growth in the benchmark KSE-100 index during the week that ended on February 26. Compared to 124 million of preceding week, daily trade averaged 11.5 percen
Published 29 Feb, 2016 12:00am
PSX stays almost flat
Cotton

PSX stays almost flat

Pakistan equities ended "almost flat" at 31,294 points, registering 0.9 percent Week-on-Week (WoW) growth in the benchmark KSE-100 index during the week that ended on February 26. Compared to 124 million of preceding week, daily trade averaged 11.5 percen
Published 29 Feb, 2016 12:00am
Hillary sweeps South Carolina primary

Hillary sweeps South Carolina primary

Hillary Clinton scored a resounding victory against Bernie Sanders in Saturday's Democratic primary in South Carolina, seizing momentum ahead of the most important day of the nomination race: next week's "Super Tuesday" showdown.
Published 29 Feb, 2016 12:00am
Hillary sweeps South Carolina primary

Hillary sweeps South Carolina primary

Hillary Clinton scored a resounding victory against Bernie Sanders in Saturday's Democratic primary in South Carolina, seizing momentum ahead of the most important day of the nomination race: next week's "Super Tuesday" showdown.
Published 29 Feb, 2016 12:00am
Martyrs' sacrifices will not go in vain: Prime Minister

Martyrs' sacrifices will not go in vain: Prime Minister

"They will be in our hearts and prayers, and we will make sure that their sacrifices do not go in vain," the Prime Minister said in a message released by the PM House for those who were martyred in an encounter with terrorists in Shawal earlier in the day
Published 29 Feb, 2016 12:00am
Martyrs' sacrifices will not go in vain: Prime Minister

Martyrs' sacrifices will not go in vain: Prime Minister

"They will be in our hearts and prayers, and we will make sure that their sacrifices do not go in vain," the Prime Minister said in a message released by the PM House for those who were martyred in an encounter with terrorists in Shawal earlier in the day
Published 29 Feb, 2016 12:00am
COAS vows to go to any length to eliminate terrorists
Exchange

COAS vows to go to any length to eliminate terrorists

Chief of Army Staff General Raheel Sharif on Sunday reached Peshawar and attended funeral prayers and offered Fateha for soldiers who were martyred in Shawal on Saturday in search of hidden terrorists and exchange of fire during encounter with them.
Published 29 Feb, 2016 12:00am
COAS vows to go to any length to eliminate terrorists
Exchange

COAS vows to go to any length to eliminate terrorists

Chief of Army Staff General Raheel Sharif on Sunday reached Peshawar and attended funeral prayers and offered Fateha for soldiers who were martyred in Shawal on Saturday in search of hidden terrorists and exchange of fire during encounter with them.
Published 29 Feb, 2016 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

The rupee moved both ways against the dollar on money market during the week, ended on February 27, 2016. In the interbank market, the rupee gained 24 paisas against the dollar for buying and selling at Rs 104.84 and Rs 104.85.
Published 29 Feb, 2016 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

The rupee moved both ways against the dollar on money market during the week, ended on February 27, 2016. In the interbank market, the rupee gained 24 paisas against the dollar for buying and selling at Rs 104.84 and Rs 104.85.
Published 29 Feb, 2016 12:00am
Fazl terms bill 'humiliation of husbands'

Fazl terms bill 'humiliation of husbands'

Jamiat-i-Ulema Islam (Fazl) Chief Fazlur Rehman on Sunday declared the Women Protection Bill as a humiliation of husbands. Addressing a ceremony in Karachi, Fazlur Rehman termed the bill unconstitutional. He also questioned how a court recording of a man
Published 29 Feb, 2016 12:00am
Fazl terms bill 'humiliation of husbands'

Fazl terms bill 'humiliation of husbands'

Jamiat-i-Ulema Islam (Fazl) Chief Fazlur Rehman on Sunday declared the Women Protection Bill as a humiliation of husbands. Addressing a ceremony in Karachi, Fazlur Rehman termed the bill unconstitutional. He also questioned how a court recording of a man
Published 29 Feb, 2016 12:00am
The Weather

The Weather

The weather report on Sunday (February 28, 2016) and the forecast for Monday (February 29, 2016).

Published 29 Feb, 2016 12:00am
Your rupee last week
Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (February 22 to 26, 2016).

Published 29 Feb, 2016 12:00am
Civil society for passage of bill on child marriage

Civil society for passage of bill on child marriage

Representa-tives of civil society organisations have demanded of the provincial government to pass Child Marriage Restraint Bill 2016 to avoid early girl marriage in the province.
Published 29 Feb, 2016 12:00am
Pakistan condemns terrorist attacks in Afghanistan

Pakistan condemns terrorist attacks in Afghanistan

Pakistan on Sunday strongly condemned the two terrorist incidents in Kabul and Kunar province of Afghanistan which claimed lives of many innocent people and leaving scores of others injured. "The government of Pakistan offers sincere condolences to the Go
Published 29 Feb, 2016 12:00am
Prices of edible items remain stable

Prices of edible items remain stable

Prices of edible items including pulses and vegetable remained stable in market as no significant change recorded. However, chicken, flour and sugar prices registered increase during the week ended February 26, 2016. During a visit to the retail market, i
Published 29 Feb, 2016 12:00am
Cancer hospital: Imran thanks Raheel for granting land in Karachi

Cancer hospital: Imran thanks Raheel for granting land in Karachi

Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan expressed on Sunday his gratitude to Chief of Army Staff (COAS) General Raheel Sharif after Defence Housing Authority (DHA) in Karachi agreed to grant a land for Shaukat Khanum Cancer Memorial Hospital in th
Published 29 Feb, 2016 12:00am
Ministry yet to upload LNG pact on its website

Ministry yet to upload LNG pact on its website

Ministry of Petroleum and Natural Resources, including its attached department notably PSO and Public Procurement Regulatory Authority (PPRA), has not yet uploaded on its website the Liquefied Natural Gas (LNG) agreement with Qatar eighteen days after it
Published 29 Feb, 2016 12:00am
JS Bank Limited

JS Bank Limited

JS Bank Limited (PSX:JSBL), incorporated in 2006, is amongst the fastest growing banks in the country today. It was created following a merger between Jahangir Siddiqui Investment Bank and the commercial banking wing of American Express Bank Pakistan. By
Published 29 Feb, 2016 12:00am
JS Bank Limited

JS Bank Limited

JS Bank Limited (PSX:JSBL), incorporated in 2006, is amongst the fastest growing banks in the country today. It was created following a merger between Jahangir Siddiqui Investment Bank and the commercial banking wing of American Express Bank Pakistan. By
Published 29 Feb, 2016 12:00am
New companies law

New companies law

Comments and observations in relation to changes proposed in a major law are always expected. No wonder, scores of observations by cross sections of the society have been tendered on the draft Companies Law-2015 circulated by SECP.
Published 29 Feb, 2016 12:00am
Suu Kyi's bid for Myanmar presidency on hold for now

Suu Kyi's bid for Myanmar presidency on hold for now

Myanmr's military rulers do not intend to allow opposition leader Aung San Suu Kyi to become president any time soon, experts and officials said Sunday, pointing to a pro-government rally planned in Yangon, and dismissing earlier reports of an agreement.
Published 29 Feb, 2016 12:00am
Sood
Currency

Sood

A while ago Thomas Piketty's book, "Capital in the Twenty-First Century" took the world by a storm; if memory serves correctly it was initially acclaimed as the economic book of the century, until it was subjected to intense critique, which went as far as
Published 29 Feb, 2016 12:00am
The economics behind revenue collections - I

The economics behind revenue collections - I

This is the first of a two-part series of articles focused on how the government achieved a revenue raise? The first part focuses on direct tax collections, particularly withholding tax, and the government's claim that it is justified in crediting revenue
Published 29 Feb, 2016 12:00am
A praiseworthy legislation

A praiseworthy legislation

The Punjab Assembly deserves to be applauded for passing the "Punjab Protection of Women Against Violence Bill, 2015", rightly being described as historic. It is a first and comprehensive piece of legislation that provides women protection against a wide-
Published 29 Feb, 2016 12:00am
Translating CPEC into a game changer

Translating CPEC into a game changer

The onslaught by the political opposition on the PML(N)-led government over the location of Special Economic Zones (SEZs) envisaged under the China-Pakistan Economic Corridor (CPEC) is not a good omen. It has resulted in China mulling delineating a back-u
Published 29 Feb, 2016 12:00am
Nepal's 'ice doctors' return to Everest after avalanche

Nepal's 'ice doctors' return to Everest after avalanche

Nepal's experienced "ice doctors" were preparing Sunday to return to Everest to ready the mountain for the upcoming climbing season, almost one year after a huge earthquake triggered a deadly avalanche.
Published 29 Feb, 2016 12:00am
Pope urges Europe to share migrant burden fairly

Pope urges Europe to share migrant burden fairly

Pope Francis on Sunday urged European countries struggling with the migrant crisis to "share the burden fairly", amid growing divisions on how to handle the flow of people fleeing poverty and war. The pontiff used his address in St Peter's Square to hail
Published 29 Feb, 2016 12:00am
Afghan police suspected of aiding Taliban killed

Afghan police suspected of aiding Taliban killed

A policeman was killed and a further 30 were detained in a joint operation between Afghan troops and US forces last week against police suspected of supporting Taliban insurgents in embattled Helmand province, Afghan officials said on Sunday. Reports of f
Published 29 Feb, 2016 12:00am
At least 31 killed in IS-claimed Baghdad bombings

At least 31 killed in IS-claimed Baghdad bombings

Bombings claimed by the Islamic State group killed at least 31 people in a Shia area of Baghdad Sunday, security and medical officials said, the deadliest attacks to hit the Iraqi capital this year. IS also attacked an army position west of Baghdad, tempo
Published 29 Feb, 2016 12:00am
Migrant spending splits German government

Migrant spending splits German government

Germany's leading Social Democrats on Sunday attacked the conservative finance minister for being too thrifty in dealing with the migrant crisis, as the rift widened in the governing coalition over how to cope with an influx of refugees.
Published 29 Feb, 2016 12:00am
Up to 70,000 migrants may be trapped in Greece next month

Up to 70,000 migrants may be trapped in Greece next month

The number of refugees and migrants trapped in Greece may reach 70,000 in coming weeks, Greece's migration minister said on Sunday, adding that a Nato plan to crack down on smugglers could limit migrant flows significantly.
Published 29 Feb, 2016 12:00am
Philippines hits out at Madonna over flag stunt

Philippines hits out at Madonna over flag stunt

The Philippines criticised Madonna on Sunday for disrespecting its flag during a concert in Manila, and said it would call on organisers of future events to avoid similar incidents. Photos from one of her two concerts last week published in local media sh
Published 29 Feb, 2016 12:00am
Egypt migrant departures stir new concern in Europe

Egypt migrant departures stir new concern in Europe

The European Union fears Mediterranean migrant smuggling gangs are reviving a route from Egypt, officials told Reuters, putting thousands of people to sea in recents months as they face problems in Libya and Turkey.
Published 29 Feb, 2016 12:00am
Russian mine disaster toll climbs to 36

Russian mine disaster toll climbs to 36

The death toll in Russia's worst mining disaster in years climbed to 36 on Sunday as officials said 26 workers missing following methane explosions at the pit in the country's frozen Arctic north could not have survived.
Published 29 Feb, 2016 12:00am
Iran president's allies lead elections after Tehran rout

Iran president's allies lead elections after Tehran rout

Reformist allies of moderate President Hassan Rouhani won all 30 parliamentary seats in the Iranian capital, a major boost Sunday that pushed them into a nation-wide lead in crucial elections.
Published 29 Feb, 2016 12:00am
China to launch second space lab in third quarter

China to launch second space lab in third quarter

China will put a second space laboratory in orbit in the third quarter of this year, state news agency Xinhua said on Sunday, part of the country's plan to have a permanent manned space station in service around 2022. Advancing China's space programme is
Published 29 Feb, 2016 12:00am
Erdogan says does not respect court ruling on journalists

Erdogan says does not respect court ruling on journalists

Turkish President Tayyip Erdogan said on Sunday he did not respect or accept a constitutional court ruling that the detention of two journalists from a leading opposition newspaper had violated their rights.
Published 29 Feb, 2016 12:00am
Country's untapped resources empowered by e-commerce boom

Country's untapped resources empowered by e-commerce boom

In the Hindu Kush Mountains craftswomen painstakingly stitch flowing scarves, skilled artisans who were unable to sell their products beyond the remote region until mobile internet came to Pakistan and dropped the market into the palms of millions of prev
Published 29 Feb, 2016 12:00am
FPCCI to present IT industry-related issues to govt

FPCCI to present IT industry-related issues to govt

The newly elected president of the Federation of Pakistan Chambers of Commerce (FPCCI) Abdul Rauf Alam has said that the computer industry in Pakistan plays a significant role in the development and the progress of the overall economy of Pakistan. He said
Published 29 Feb, 2016 12:00am
Wajih says Imran is under influence of 'pro-status quo' people

Wajih says Imran is under influence of 'pro-status quo' people

Pakistan Tehreek-e-Insaf (PTI) leader former Justice Wajihuddin Ahmed has said that the traces of corruption in the country have led the National Accountability Bureau (NAB) to the government and it is because of this very reason that the top anti-graft b
Published 29 Feb, 2016 12:00am
Hashoo Foundation's literacy initiative to achieve SDGs

Hashoo Foundation's literacy initiative to achieve SDGs

With the collaboration Taimur Khalid Khan President of Rotary Books for the World, Sulaiman Dhanani Country Director Hashoo Foundation diligently distributed 1000 books to Air Foundation, City School System, Lynux School, The Educators, The Allied School,
Published 29 Feb, 2016 12:00am
HabibMetro Bank posts 72 percent boost in profit

HabibMetro Bank posts 72 percent boost in profit

In a meeting of HabibMetro's Board of Directors held on Friday February 26, 2016 the financial results of the Bank for the year ended December 31, 2015 were approved. A 2.0 percent cash dividend of Rs 2 was declared for the year 2015, in addition to the i
Published 29 Feb, 2016 12:00am
HabibMetro Bank posts 72 percent boost in profit

HabibMetro Bank posts 72 percent boost in profit

In a meeting of HabibMetro's Board of Directors held on Friday February 26, 2016 the financial results of the Bank for the year ended December 31, 2015 were approved. A 2.0 percent cash dividend of Rs 2 was declared for the year 2015, in addition to the i
Published 29 Feb, 2016 12:00am
Vitol to acquire 15 percent of Hascol

Vitol to acquire 15 percent of Hascol

Vitol Dubai Limited, part of the Vitol Group (Vitol), has entered into a Share Purchase Agreement (SPA) with a number of shareholders in Hascol Petroleum Limited (Hascol) to acquire shares equivalent 15 percent of Hascol's total share capital for a total
Published 29 Feb, 2016 12:00am
NBP to expand PMYBL scheme

NBP to expand PMYBL scheme

NBP's commitment and resolve to the success of PMYBL (Prime Minister's Youth Business Loan) scheme is evident from the fact that it has already disbursed approximately Rs 6.8 billion to 7,300 young entrepreneurs. NBP reiterates its resolve to continue to
Published 29 Feb, 2016 12:00am
MQM seeks cancellation of pacts with builder

MQM seeks cancellation of pacts with builder

MQM Rabita Committee Hyderabad has urged the higher authority to cancel all agreements made with local builder in the district. Member Rabita Committee MNA Dr Khalid Maqbool Siddiqui made this demand while addressing a press conference at Hyderabad Press
Published 29 Feb, 2016 12:00am
20 Indian fishermen arrested

20 Indian fishermen arrested

Pakistan has arrested 20 Indian fisherman for violating the territorial waters of the country, maritime security agency said Sunday. The Indian fishermen were arrested and brought to Karachi early Sunday morning. Their boats were also seized. "We are prep
Published 29 Feb, 2016 12:00am
Sea level rising at fastest pace in 2,800 years: study

Sea level rising at fastest pace in 2,800 years: study

The world's oceans are rising at a faster rate than any time in the past 2,800 years, and might even have fallen without the influence of human-driven climate change, researchers said. Sea levels rose globally by about 5.5 inches (14 centimeters) from 190
Published 29 Feb, 2016 12:00am
Acidic oceans stifling coral growth: study

Acidic oceans stifling coral growth: study

Scientists unveiled the first smoking-gun evidence on February 24 that growing ocean acidity caused by global warming is already stifling growth of vital coral reefs. The decline of shallow water corals, home to a quarter of the ocean's species and a life
Published 29 Feb, 2016 12:00am
Low-dose chemo keeps cancer under control

Low-dose chemo keeps cancer under control

Rather than try to wipe out cancer with powerful doses of chemotherapy, researchers said on February 24 an experimental approach using lower amounts of medication may work better to keep tumors under control.
Published 29 Feb, 2016 12:00am
'Zika crisis to get worse before it gets better'

'Zika crisis to get worse before it gets better'

The Zika virus, believed to be linked to the serious birth defect microcephaly, presents a "formidable" challenge that will be hard to stamp out, World Health Organisation chief Margaret Chan said on February 24.
Published 29 Feb, 2016 12:00am
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