Legal education is an important field as it prepares and guides individuals to learn the concepts of legal philosophy, the gambit of important domestic laws, the art of drafting and prepares them to practice law.
Leaders of various religious parties and groups who met at the Jamaat-e-Islami's Mansoora headquarters in Lahore on Tuesday have threatened the government to do as they want or be prepared to face a country-wide protest movement. A joint declaration issue
Having gained control of the high-altitude Valley of Shawal, the last redoubt of militants in North Waziristan bordering Afghanistan, the large-scale kinetic military operation in Fata has come to its logical conclusion. The valley's all major heights and
Minister for Planning, Development and Reforms, Ahsan Iqbal, clarified to the Senate Standing Committee on Planning, Development and Reforms that the government of Pakistan had nothing to do with funding of $ 35 billion worth energy projects under the Chi
Shanghai Futures Exchange copper ended up 0.6 percent at 37,570 yuan ($5,762) on Wednesday, still holding above its 200-day moving average at 38,238. Shanghai copper stocks have doubled since the start of the year to sit at record highs of 350,000 tonnes
Copper fell on Wednesday in cautious trade ahead of the outcome of a Federal Reserve policy meeting, which is expected to leave interest rates on hold but signal how quickly the bank may tighten this year. Benchmark copper on the London Metal Exchange clo
Benchmark Tokyo rubber futures rose on Wednesday, recovering from a fresh two-week low hit in overnight trade, as a bounce in oil prices fed appetite for risk while the yen's fall also lent support, dealers said. The Tokyo Commodity Exchange (TOCOM) rubbe
US soyabean futures fell on Tuesday, setting back from their highest since December 7 on dry weather in South America that will allow farmers to accelerate the harvest of what is expected to be a huge crop, traders said. Wheat futures also closed lower, w
Malaysian palm oil futures recovered losses from early trade and nudged higher on Wednesday due to expectations of lower output growth from a crop damaging El Nino. Industry experts at a conference in Kuala Lumpur last week had forecast El Nino's dry weat
Arabica coffee and sugar futures on ICE turned up to reach the highest levels in 2016 so far on Wednesday, on looming supply concerns and as the currency in top grower Brazil sharply pared its losses. London cocoa steadied, supported by a weaker pound, wh
Gold fell to its lowest in almost two weeks on Tuesday ahead of a Federal Reserve statement that is expected to give clues on the pace of future US rate rises. Spot gold fell to $1,225.70 an ounce, its lowest since March 2, at one point and was down 0.4 p
Gold slid for a fourth consecutive session on Wednesday, hovering near its lowest in two weeks although investors were waiting for the outcome of the Federal Reserve policy meeting. The Federal Open Market Committee (FOMC) began its two-day meeting on Tue
Gold held steady above $1,230 an ounce on Wednesday ahead of a hotly anticipated Federal Reserve statement on monetary policy, with traders awaiting further clues on the timing of further US interest rate increases. In an announcement due at 1800 GMT, the
Chicago Board of Trade wheat, corn and soyabean and wheat futures fell on Wednesday, with all three major commodities on track for a second straight day of declines as a firmer dollar roiled prospects for US exports. Plentiful stocks of all three commodit
Gold rallied 2 percent to $1,260 an ounce on Wednesday, turning higher after the Federal Reserve indicated that the United States continues to face risks from an uncertain global economy, pressuring the dollar. The US central bank held interest rates stea
US oil prices jumped almost 6 percent on Wednesday, erasing losses of the past two days, after major producers firmed up plans to meet in Qatar to discuss an output freeze and US crude stockpiles grew less than expected.
On Tuesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 7,388 million. The number of lots traded was 40,941 million. PMEX Commodity Index closed at 2,678. Major business was contributed by gold (PKR 7,040 million) followed by crude oil (P
Asia's naphtha crack recovered some of the previous day's losses to reach a two-session high of $61.20 a tonne on Tuesday, though it remains more than 35 percent lower than a year ago because of ample supplies. Spot demand for open-specification naphtha f
Wheat futures on the Chicago Board of Trade drifted lower on Tuesday on technical selling and consolidation, one day after the May contract set a one-month high, traders said. CBOT May wheat settled down 1-1/2 cents at $4.77-1/4 per bushel. K.C. hard red
Corn export premiums for shipments from the US Gulf Coast were steady to firm on Tuesday, supported by moderate demand for near-term shipments, traders said.
Spot iron ore tumbled nearly 7 percent on Tuesday in its steepest decline in eight months as steel prices faltered, reflecting renewed pessimism towards the over-supplied market. The losses followed iron ore futures in China sliding almost 5 percent to pu
A six-day rally in US natural gas futures stalled on Monday with prices easing slightly on forecasts for continued spring-like weather and light heating demand for the rest of March.
The Karachi Port handled 100,241 tonnes of cargo comprising 75,505 tonnes of import cargo and 24,736 tonnes of export cargo including 6,002 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday.
The March vaida was unchanged on the forward cottonseeds oilcake market on Wednesday in the process of trading, dealers said. The March vaida closed at Rs 2051.60 and it commenced with no change at the same rate in the early hours, they said.
A steady flow of buying by mills and spinners at lower rates kept prices firm on the cotton market on Wednesday, dealers said. The official spot rate was unchanged at Rs 5,200, dealers said. In Sindh, seed cotton prices were at Rs 2000-2200, and in Punjab
Hard red winter wheat spot basis bids were unchanged in the southern US Plains on Monday as rising futures triggered light selling by farmers, dealers said. K.C. HRW wheat futures for May delivery rose to a two-month high on short-covering. Prices were al
Rice prices were down on the wholesale grain market on Wednesday in the process of modest trading, dealers said. On the rice side, Irri-6 Sindh was lower by Rs 20 to Rs 2950-3000, Basmati No.386 (old) fell by Rs 200 to Rs 4000-4200, Basmati No.386 (new)
Peabody Energy Corp, the largest US coal producer, said it may have to seek bankruptcy protection as it did not have enough funds to continue operations. Falling demand for coal, tough environmental controls and cheaper natural gas have pushed several big
For the fourth consecutive quarter, US chief executives had a glum outlook on prospects for the world's largest economy despite a slight uptick from the previous quarter, according to a survey released on Tuesday. The Business Roundtable CEO Economic Outl
Sweden's financial services watchdog said on Tuesday that banks would need to hold bigger capital buffers from 2017 and renewed a call for the legal backing for measures to deal with rising risks associated with household debt. The International Monetary
Communist-ruled Laos must deepen reforms to maintain its rapid expansion, the IMF chief said Tuesday at the end of a rare visit to one of the world's fastest growing economies.
Global regulators will propose ways that could ease capital requirements for banks that clear large numbers of financial derivatives, a Bank of England official said on Tuesday. Banks have long campaigned for changes to a broad measure of capital to total
Zimbabwe expects a loan from the International Monetary Fund(IMF) in the third quarter of this year, the first since 1999, after paying off foreign lenders by the end of June, the central bank governor said on Wednesday. President Robert Mugabe's governme
China Unicom Hong Kong Ltd on Wednesday said net profit fell last year for the first time since 2010, as China's second-largest telecommunications service provider played catch-up in deploying its fourth-generation (4G) network.
SODIC, Egypt's third-largest listed real estate developer, more than doubled its full year profit in 2015 as demand for housing in Cairo's affluent eastern suburbs and coastal summer homes grows. The company reported on Wednesday a 108 percent rise in ful
General Motors and Lyft on Tuesday unveiled a joint car rental service for drivers, a move aimed at boosting the number of vehicles available for the ridesharing rival to Uber. The companies said the programme to be offered in Chicago this month and sever
Colourful Kohat Division Female Games got under way under the aegis of Director General Sports and Youth Affairs Khyber Pakhtunkhwa at different venues including Kohat Sports Complex and Post Graduate Girls College Kohat amidst tight security in a around
FIFA on Wednesday demanded tens of millions of dollars in damages from the "sordid" officials facing charges in the United States over mass bribery scandals that have rocked world football.
Chris Gayle blasted a scintillating century to propel the West Indies to a stunning six-wicket win against England in their World Twenty20 opener in Mumbai on Wednesday.
The annual sports of the Sharif Medical City ended on Wednesday. Senior Vice-President of the College of Physicians and Surgeons Professor Khalid Masood Gondal Pakistan Medical and Dental Course member Professor Abrar Ashraf Ali participated in a prize di
Teams from Saudi Arabia and Iran must find neutral venues to play each other in the AFC Champions League because of diplomatic problems between the two countries, football chiefs said Wednesday.
Rafael Nadal avenged a fresh loss to a fellow Spaniard and Serena Williams set up a showdown with the reigning Indian Wells champion at the ATP and WTA hardcourt tournament on Tuesday.
A star-studded Diamond Paints clinched the Bank Alfalah National Open Polo Championship 2016 for the Quaid-e-Azam Gold Cup trophy after trouncing spirited Dollar East/Master Paints by 6-4 in the final played at the jam-packed Lahore Polo Club ground on We
Proud captain Shahid Afridi said he had been determined to lead by example Wednesday after starring in Pakistan's demolition of Bangladesh, drawing a line under his side's troubled World Twenty20 build-up.
Proud captain Shahid Afridi said he had been determined to lead by example Wednesday after starring in Pakistan's demolition of Bangladesh, drawing a line under his side's troubled World Twenty20 build-up.
PPP Senator Saleem Mandviwalla has said that Trade Development Authority of Pakistan (TDAP) has become a non-functional, failed and useless body and burden on exchequer, which should be closed at earliest.
Pakistan Railways' revenue has increased from Rs 18 billion to Rs 35.181 billion as a result of initiatives taken by the government to put the state-owned company back on track. Minister for Railways Khawaja Saad Rafique informed this to the National Asse
Meezan Bank has released its new media campaign showing how its Rupee Current Account can help meet the financial needs of its users, particularly small business owners.
Employees of Hyderabad Development Authority (HDA) staged a protest over non-payments of their salaries by parking waste-carriers vehicles on Wednesday. The protest was held outside Hyderabad Press Club (HPC) where a large number of employees participated
Pakistan's pulses import shot up by 56 percent to $349.840 million in July-January 2015-16, official figures show. Pulses import bill rise stands at $125.608 million in July-January 2015-16 from $224.232 million in July-January 2014-15, Pakistan Bureau of
The federal government Wednesday raised Rs 216 billion through the auction for Market Treasury Bills (MTBs). The SBP, on March 16, 2016, conducted the auction for the sale of 3-month, 6-month and 12-month T-bills and received bids amounting to Rs 309.812
The federal government Wednesday raised Rs 216 billion through the auction for Market Treasury Bills (MTBs). The SBP, on March 16, 2016, conducted the auction for the sale of 3-month, 6-month and 12-month T-bills and received bids amounting to Rs 309.812
Chairperson, Sindh Board of Investment (SBI) Naheed Memon and President, Muller and PHIPPS Company, Raymond Simkins, in a meeting here, discussed in detail the avenues for investment in the supply chain of agriculture produce.
Association of Builders and Developers of Pakistan (ABAD) is going to file a petition in the apex court against the Ministry of Petroleum and Natural Resources seeking lifting of ban on new gas connection for high-rise buildings.
The Senate Standing Committee on Religious Affairs and Inter-Faith Harmony on Wednesday recommended the government to take effective measures to improve facilities for Hujjaj-e-Karaam and Umrah Zaireen.
The international conference on Liquefied Petroleum Gas (LPG) would be held today (Thursday) in Lahore, said a statement issued by LPG Distributors Association Pakistan. The maiden conference would be organised by South Asian Media Management (SAMM) in co
One day Basant Festival/Cultural day organised by the Bureau of STAGS at outside Arts Faculty Building University of Sindh Jamshoro. The exhibitor students were preparing for the festival. Both the male and female students and some companies from Hyderaba
Chairman, Pakistan Chemicals and Dyes Merchants Association (PCDMA), Khawaja Arif Kapoor, has called for holding Pakistani products' based exhibitions in foreign countries to increase Pakistan exports.
An anti-terrorist court on Wednesday handed over an accused former chairman Fishermen Cooperative Society Dr Nisar Morai to Rangers for 90-day preventive detention. A paramilitary spokesman said the accused was arrested from Islamabad. He was presented be
President Barack Obama will travel to the United Kingdom and Saudi Arabia in April, a visit set to be dominated by doubts over Britain's EU membership and concerns about turmoil in the Middle East. The White House said Obama will visit Windsor Castle - wh
John Cruickshank, head of Canada's largest circulation newspaper, the Toronto Star, is leaving his post on May 4, the paper announced Wednesday. David Holland, president of the newspaper's parent company Torstar, will step in for an unspecified interim pe
Bosnian membership in the European Union might not seem a realistic, or even desirable, goal, but boosters of the idea say working towards joining may be the only way the country can pull itself together 20 years after its devastating war.
A Japanese submarine will make a port call in the Philippines for the first time in 15 years while accompanying naval ships will visit Vietnam's Cam Ranh Bay for the first time ever, Japan's navy said. The announcement came days after China accused its As
US network Fox News on Wednesday called off a Republican debate next week after frontrunner Donald Trump announced he wasn't taking part. The debate - being organised in partnership with the Republican Party - would have been held Monday in Salt Lake City
Belgian prosecutors on Wednesday named a 35-year-old Algerian as the man shot dead by police on Tuesday during a police raid on a Brussels apartment in the hunt for clues to bloody attacks in Paris last November.
Three suspected al Qaeda militants on a motorbike were killed Wednesday as a bomb they were transporting exploded in the southern Yemeni city of Aden, a security official said. He said the motorbike blew up in the Dar Saad neighbourhood of the city, the s
India's parliament is set to pass legislation that gives federal agencies access to the world's biggest biometric database in the interests of national security, raising fears the privacy of a billion people could be compromised.
Myanmar's powerful army chief congratulated incoming president Htin Kyaw and pledged cooperation on Wednesday, after the ally of Aung San Suu Kyi was elected as the country's first head of state with no military background in decades.
Indian state companies signed energy deals worth billions of dollars with Russia's Rosneft on Wednesday to buy into its most promising assets in Siberia, stepping up a drive to cut New Delhi's dependence on imports.
A senior South African politician said Wednesday he was offered the job of finance minister by an Indian family accused of wielding influence over President Jacob Zuma, in the latest scandal to rock the government.
Canadian manufacturing sales rose at a surprisingly strong clip at the start of the year, raising expectations that the economy will see stronger growth in the first quarter than the Bank of Canada has forecast. Factory sales rose 2.3 percent in January,
Finland's public debt climbed to 63.1 percent of gross domestic product in 2015, exceeding for the first time the eurozone limit of 60 percent, Statistics Finland said Wednesday. In 2014, with a debt rate of 59.3 percent of GDP, the Nordic eurozone countr
Banks are facing a slump of 15 percent in market trading revenue in the first quarter, spoiling what is normally the most lucrative period when investors put their money to work at the start of the year.
Underlying US inflation increased more than expected in February as rents and medical costs maintained their upward trend, which could keep the Federal Reserve on course to gradually raise interest rates this year.
Brazil's federal government reached a debt relief agreement with state governors on Tuesday, offering a discount on debt repayments in exchange for fiscal reforms, the Finance Ministry said in a statement. The government will send the agreed-upon terms, i
Women in Germany earn around one fifth less than men, a wider gap than the European average, but the shortfall is narrower in the east of the country, official data showed on Wednesday. In raw or unadjusted terms, the gender pay gap stood at 21 percent in
China's economy will not suffer a "hard landing", Premier Li Keqiang said Wednesday, stepping up Beijing's charm offensive to reassure investors that the government can manage slowing growth. "We have long-term confidence in the Chinese economy and this c
Britain unleashed more austerity on Wednesday in its latest annual budget and cut its growth outlook, blaming the impact of global markets turbulence rooted in China. Finance minister George Osborne also warned that a potential 'Brexit', or departure from
Deutsche Boerse AG and London Stock Exchange Group Plc (LSE) agreed to combine in a $30 billion deal to create a European trading powerhouse better able to compete with US rivals encroaching on their turf.
Saudi Arabia's stock market rose on Wednesday in response to a surge in oil prices but most of the Gulf was sluggish because of profit-taking. Egypt rallied for a third straight day after the central bank devalued the currency.
Australian shares edged up 0.15 percent on Wednesday, rebounding slightly from their biggest one-day loss percentage in three weeks in the previous session, drawing support from stronger financial stocks and despite weakness in resources. The S&P/ASX 200
Tokyo stocks slipped for a second day on Wednesday as investors kept a close eye on a Federal Reserve meeting, after Japan's central bank refrained from unleashing more stimulus. The US central bank, which concludes its latest policy meeting later in the
Wall Street held its collective breath on Wednesday afternoon, awaiting the outcome of the US Federal Reserve's meeting on monetary policy. While interest rates are expected to remain unchanged, investors will parse the Fed's commentary for clues on the p
Healthcare and materials stocks pulled Wall Street lower on Tuesday in a second straight day of quiet trading as investors cautiously awaited news from the US Federal Reserve's two-day policy meeting. While the Fed is not expected to raise interest rates
US Treasury debt prices gave up most gains to trade narrowly mixed on Tuesday, as investors braced for the possibility the Federal Reserve could strike a more upbeat tone on the economy and consequentially raise interest rates at a faster pace than many i
US Treasury debt prices gave up most gains to trade narrowly mixed on Tuesday, as investors braced for the possibility the Federal Reserve could strike a more upbeat tone on the economy and consequentially raise interest rates at a faster pace than many i
Indian shares clawed back losses to close higher on Wednesday, led by gains in beaten-down healthcare stocks such as Lupin and as a rise in crude oil prices propped up global markets. The benchmark BSE index rose 0.53 percent to end at 24,682.48, while th
China stocks closed up on Wednesday as the country's annual parliamentary session came to a close. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.5 percent, to 3,090.03, while the Shanghai Composite Index gained 0.2 perce
European stocks ended little changed on Wednesday, coming off session highs after a report showed US inflation rose more than expected last month, with gains for energy and auto company shares offset by a weaker banking sector.
Taiwan stocks rose on Wednesday, cheered by gains in Apple Inc's suppliers following the iPhone maker's strong rise on Wall Street overnight. As of 0222 GMT, the main TAIEX index rose 0.7 percent to 8,669.17, with the electronics subindex and financials s
Hong Kong shares finished down on Wednesday as investors sold shares on the final day of the annual meeting of China's parliament. Analysts said market participants might be taking profits protectively ahead of the closure of the National People's Congres
Most Southeast Asian stock markets were little changed on Wednesday as investors looked to the US Federal Reserve for cues on interest rate direction, with Malaysia recouping early losses on foreign-led buying.
Britain's top share index rose on Wednesday as oil and gas stocks and housebuilders rallied on the back of proposals in UK finance minister George Osborne's annual budget statement. Britain's FTSE 100 was up 0.6 percent at 6,175.49 points at its close, ou
Experts from regional countries including Pakistan, India, Sri Lanka, Bangladesh and Nepal on Wednesday stressed the need for taking the movement for Right to Information (RTI) to the grassroots level to ensure good governance.
The Local Government & Community Development Department (LG&CDD), Health Department Punjab in collaboration with Mortein (Reckitt Benckiser Pakistan) and Plan International has launched a campaign to reduce the incidence of dengue across the province.
With further delay, new Benazir Bhutto International Airport is likely to be completed in mid of 2017 with a revised cost of Rs 81 billion. This was stated by the Director General Civil Aviation Authority (CAA) before Public Accounts Committee (PAC) here
