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Print - 2017-06-26
Mosul celebrates first Eid without IS in years

Mosul celebrates first Eid without IS in years

People in the Iraqi city of Mosul celebrated their first Muslim Eidul Fitr holiday without Islamic State in years on Sunday after the militants were ejected from much of the city, and hoped the battle to recapture the remaining area would soon be over. Ch
Published 26 Jun, 2017 12:00am
Car bomb in Syria's Idlib province kills 10

Car bomb in Syria's Idlib province kills 10

A car bomb killed 10 people in Syria's rebel-held Idlib province on Saturday, the Syrian Observatory for Human Rights, a Britain-based war monitor, reported on Sunday. The attack occurred in a market in the town of al-Dana, located in the north of the pro
Published 26 Jun, 2017 12:00am
Seven die in cable car crash in IHK, 150 rescued

Seven die in cable car crash in IHK, 150 rescued

A pine tree fell onto a cable car in a ski resort in Indian Kashmir on Sunday, sending the car plunging to earth and killing seven people, most of them tourists, police said. About 150 people were stranded in other cable cars on the mountain in Gulmarg in
Published 26 Jun, 2017 12:00am
Congo president's daughter charged with corruption in France

Congo president's daughter charged with corruption in France

French investigators have charged the daughter and son-in-law of Congo's President Denis Sassou Nguesso with corruption, judicial sources told AFP on Sunday. Julienne Sassou Nguesso, 50, and her 53-year-old husband Guy Johnson were placed under investigat
Published 26 Jun, 2017 12:00am
UAE president in first appearance since 2014 stroke

UAE president in first appearance since 2014 stroke

United Arab Emirates President Sheikh Khalifa bin Zayed al-Nahyan made his first public appearance Sunday since suffering a stroke more than three years ago, to mark the Eidul-Fitr. The official WAM news agency published pictures showing Sheikh Khalifa me
Published 26 Jun, 2017 12:00am
Hopes dim in search for scores buried by China landslide

Hopes dim in search for scores buried by China landslide

Rescuers dug through earth and rocks on Sunday in an increasingly bleak search for more than 90 people still missing a day after their village in southwest China vanished under a huge landslide. At least 10 people have been confirmed dead after the avalan
Published 26 Jun, 2017 12:00am
Battling to save campaign, Schulz hits out at 'arrogant' Merkel

Battling to save campaign, Schulz hits out at 'arrogant' Merkel

Social Democrat chief Martin Schulz lashed out Sunday at Chancellor Angela Merkel, accusing her of "arrogance" as he sought to reverse his party's plunging popularity three months before general elections. Schulz's decision to take his party's reins initi
Published 26 Jun, 2017 12:00am
Iran drug addicts double in six years

Iran drug addicts double in six years

The number of drug addicts in Iran has more than doubled in six years, with opium the country's most popular narcotic, local media reported Sunday. "There are about 2.8 million people regularly consuming drugs" in the country of 80 million people, Drug Co
Published 26 Jun, 2017 12:00am
Prince Harry 'wanted out' of royal role

Prince Harry 'wanted out' of royal role

Britain's Prince Harry once "wanted out" of the Royal Family, but instead decided to "stay in and work out a role" for himself, according to an interview with the Mail on Sunday. The prince, 32, caused a stir earlier this week when he said that he didn't
Published 26 Jun, 2017 12:00am
US urges Arab states to reach resolution in dispute

US urges Arab states to reach resolution in dispute

US Secretary of State Rex Tillerson said on Sunday that Qatar and the four Arab states that imposed a boycott on their tiny but wealthy neighbor should sit down together in order to try to reach a resolution. "A productive next step would be for each of t
Published 26 Jun, 2017 12:00am
Trump slams Democratic 'obstruction' on health reform

Trump slams Democratic 'obstruction' on health reform

As Republicans scrambled Sunday to wrangle enough votes to pass health care reform legislation, US President Donald Trump lashed at Democrats accusing them of "obstruction" over the bill. Senate leaders last week unveiled a revamped health care plan aimed
Published 26 Jun, 2017 12:00am
Portugal investigating fraud linked to Venezuela PDVSA funds

Portugal investigating fraud linked to Venezuela PDVSA funds

Portugal is investigating alleged appropriation of funds belonging to Venezuelan state oil company PDVSA that were channeled through now-defunct Portuguese bank Banco Espirito Santo between 2009 and 2014, PDVSA said on Saturday. PDVSA's reputation has bee
Published 26 Jun, 2017 12:00am
Portugal investigating fraud linked to Venezuela PDVSA funds

Portugal investigating fraud linked to Venezuela PDVSA funds

Portugal is investigating alleged appropriation of funds belonging to Venezuelan state oil company PDVSA that were channeled through now-defunct Portuguese bank Banco Espirito Santo between 2009 and 2014, PDVSA said on Saturday. PDVSA's reputation has bee
Published 26 Jun, 2017 12:00am
The prize-winning tech helping Ghana's farmers to grow

The prize-winning tech helping Ghana's farmers to grow

Gyei Douglas is a farmer who grows vegetables near Kumasi in Ghana's central Ashanti region. He used to struggle to access markets and capital. The information he needed was broadcast on the radio but often it wasn't specific enough to improve his yield o
Published 26 Jun, 2017 12:00am
Chad leader says Glencore oil contract was irresponsible

Chad leader says Glencore oil contract was irresponsible

Chad President Idriss Deby said Sunday his country had been "irresponsible" in striking oil for cash deals with Swiss commodities giant Glencore, given the subsequent slump in crude prices "We thought it was opportunity - but it was a fool's bargain," Deb
Published 26 Jun, 2017 12:00am
Time may be nearing for ECB stimulus exit, says Weidmann

Time may be nearing for ECB stimulus exit, says Weidmann

The time may be nearing for the European Central Bank to start discussing the end of unprecedented stimulus as growth and inflation are both moving in the right direction, Bundesbank president Jens Weidmann told German newspaper Welt am Sonntag.
Published 26 Jun, 2017 12:00am
Japan eyes free trade talks with Britain

Japan eyes free trade talks with Britain

Japan wants to hold informal free trade talks with Britain as it also works to sign a deal with the European Union, a report said Sunday. Tokyo's moves aim to minimise Brexit's impact on Japanese companies as Britain negotiates its exit from the EU, the b
Published 26 Jun, 2017 12:00am
Internal dossier criticises Audi top management

Internal dossier criticises Audi top management

German luxury carmaker Audi's management board, including Chief Executive Rupert Stadler, has been sharply criticised by company managers, Bild am Sonntag reported on Sunday, citing an internal dossier. It said the executive board had shown no signals of
Published 26 Jun, 2017 12:00am
Lufthansa wants to help, not take over, Air Berlin

Lufthansa wants to help, not take over, Air Berlin

Lufthansa sees no limit to the number of planes and crews it could lease from Air Berlin, its chief executive told German newspaper Bild am Sonntag, amid criticism that support for its ailing rival is a stealth takeover attempt. "We already support Air Be
Published 26 Jun, 2017 12:00am
UK to keep duty-free access for developing countries

UK to keep duty-free access for developing countries

Britain said it will maintain duty-free access to its markets once it has left the European Union for goods from nearly 50 developing countries including Bangladesh, Sierra Leone and Haiti. The government said around 48 countries would continue to benefit
Published 26 Jun, 2017 12:00am
Greece takes home foreclosures online to avoid protests

Greece takes home foreclosures online to avoid protests

The scene has become familiar in Greece in recent months - a middle-aged woman in a courthouse, trying to dodge an angry crowd shouting inches from her face. "Get out, crow!" is the usual cry at notaries - in most cases women - seeking to carry out court-
Published 26 Jun, 2017 12:00am
China drone king turns to farming

China drone king turns to farming

China drone-maker DJI is betting on flying machines that shoot pesticide instead of photos to fend off growing competition in the global remote-controlled aircraft market. The world leader in the civilian drones sector is switching its focus from leisure
Published 26 Jun, 2017 12:00am
Hubs for fake goods

Hubs for fake goods

Media reports have said that "China and Hong Kong are top hubs for fake goods". These two territories are overwhelmingly the largest shipment centres for fake goods sold around the world, in a growing, complex battle against sophisticated counterfeiters,
Published 26 Jun, 2017 12:00am
After string of defeats, Democrats rudderless in Trump era

After string of defeats, Democrats rudderless in Trump era

Frozen out of power in Washington and having lost a string of congressional races this year, Democrats are struggling to craft winning strategies to convert disillusionment with President Donald Trump into victory in 2018's midterm elections. The party fi
Published 26 Jun, 2017 12:00am
Menace of narco-terrorism

Menace of narco-terrorism

Every survey made since 1979 shows that this nation has been persistently sinking deeper into narco-terrorism-a term signifying the drug-arms trap. Terrorism and drug trade working in tandem. Since General Zia's era, the State has continuously fighting th
Published 26 Jun, 2017 12:00am
MoF shows no appetite for criticism
Exchange

MoF shows no appetite for criticism

A trend clearly visible in the PML(N) government is to issue long rejoinders to newspaper editorials/articles that challenge its assertions with respect to the state of the economy; and these rejoinders echo Finance Minister Ishaq Dar's lead by citing dat
Published 26 Jun, 2017 12:00am
Qatar: the loss of 'karama'

Qatar: the loss of 'karama'

What could be the most plausible answer to Qatar's position in the grave diplomatic crisis in the Gulf that rules out the possibility of talks with the four Arab states boycotting the country, until economic, diplomatic, and travel ties they have severed
Published 26 Jun, 2017 12:00am
Global overseas remittances

Global overseas remittances

During the last few decades, a lot of countries have become quite dependent on the flow of home remittances for their balance of payments needs and raising the standards of living of ordinary people. According to a report prepared by the International Fun
Published 26 Jun, 2017 12:00am
CM visits CMH Bahawalpur, VHB and Burn Unit Multan

CM visits CMH Bahawalpur, VHB and Burn Unit Multan

Punjab Chief Minister Muhammad Shehbaz Sharif visited the Combined Military Hospital (CMH) Bahawalpur, Victoria Hospital Bahawalpur & Burn Unit Multan to inquire after health of the injured people in Ahmed Pur Sharqia accident. The CM turn by turn visited
Published 26 Jun, 2017 12:00am
Fire licks Spanish nature reserve, 1,500 evacuated

Fire licks Spanish nature reserve, 1,500 evacuated

More than 1,500 people were evacuated as a precaution Sunday after a fire broke out at a nature reserve in southern Spain famed for its biodiversity, authorities said. The fire started overnight and had by morning encroached on the Donana National Park at
Published 26 Jun, 2017 12:00am
Car hits UK Eid crowd, 'not believed to be terrorism': police
Kerb

Car hits UK Eid crowd, 'not believed to be terrorism': police

British police on Sunday said they did not suspect terrorism was involved when a car ploughed into a group of Muslims leaving Eid prayers in Newcastle, north-east England. Six people were hospitalised after a car crashed into pedestrians outside a sports
Published 26 Jun, 2017 12:00am
Car hits UK Eid crowd, 'not believed to be terrorism': police
Kerb

Car hits UK Eid crowd, 'not believed to be terrorism': police

British police on Sunday said they did not suspect terrorism was involved when a car ploughed into a group of Muslims leaving Eid prayers in Newcastle, north-east England. Six people were hospitalised after a car crashed into pedestrians outside a sports
Published 26 Jun, 2017 12:00am
KP government has nothing to do with moon sighting: Khattak

KP government has nothing to do with moon sighting: Khattak

Khyber Pakhtunkhwa Chief Minister Pervez Khattak on Sunday said that Eid al-Fitr is an important religious ritual that is celebrated by Muslims worldwide marking the end of Ramazan but the KP government had nothing to do with moon sighting as it is the so
Published 26 Jun, 2017 12:00am
KP government has nothing to do with moon sighting: Khattak

KP government has nothing to do with moon sighting: Khattak

Khyber Pakhtunkhwa Chief Minister Pervez Khattak on Sunday said that Eid al-Fitr is an important religious ritual that is celebrated by Muslims worldwide marking the end of Ramazan but the KP government had nothing to do with moon sighting as it is the so
Published 26 Jun, 2017 12:00am
Britain to crack down on militant, criminal financing

Britain to crack down on militant, criminal financing

Britain will bring in new rules on Monday to crack down on funds used to finance organised crime and terrorism, requiring businesses such as banks, estate agents, accountants and payment firms to carry out more checks on money flows. The government said t
Published 26 Jun, 2017 12:00am
Britain to crack down on militant, criminal financing

Britain to crack down on militant, criminal financing

Britain will bring in new rules on Monday to crack down on funds used to finance organised crime and terrorism, requiring businesses such as banks, estate agents, accountants and payment firms to carry out more checks on money flows. The government said t
Published 26 Jun, 2017 12:00am
Modi in Washington for 'no frills' Trump meet

Modi in Washington for 'no frills' Trump meet

India's leader Narendra Modi arrived in the US for his first meeting Monday with President Donald Trump, seeking to build on growing ties and move beyond disagreements over climate change. Relations between the world's two largest democracies warmed under
Published 26 Jun, 2017 12:00am
Modi in Washington for 'no frills' Trump meet

Modi in Washington for 'no frills' Trump meet

India's leader Narendra Modi arrived in the US for his first meeting Monday with President Donald Trump, seeking to build on growing ties and move beyond disagreements over climate change. Relations between the world's two largest democracies warmed under
Published 26 Jun, 2017 12:00am
Two freedom fighters killed after gun battle at IHK school

Two freedom fighters killed after gun battle at IHK school

Two freedom fighters were killed in Indian-held Kashmir Sunday following an intense gun battle with government forces at a school, police said. Rebels had ambushed a paramilitary police patrol on Saturday evening, killing one trooper and injuring two othe
Published 26 Jun, 2017 12:00am
Two freedom fighters killed after gun battle at IHK school

Two freedom fighters killed after gun battle at IHK school

Two freedom fighters were killed in Indian-held Kashmir Sunday following an intense gun battle with government forces at a school, police said. Rebels had ambushed a paramilitary police patrol on Saturday evening, killing one trooper and injuring two othe
Published 26 Jun, 2017 12:00am
Indian police arrest man over Muslim youth's murder for carrying beef

Indian police arrest man over Muslim youth's murder for carrying beef

Indian police have arrested a man for allegedly stabbing a Muslim teenager to death on suspicion of possessing beef, an officer said on Sunday, an attack that has drawn anger across the country. Cow slaughter is banned in most Indian states whose predomin
Published 26 Jun, 2017 12:00am
Indian police arrest man over Muslim youth's murder for carrying beef

Indian police arrest man over Muslim youth's murder for carrying beef

Indian police have arrested a man for allegedly stabbing a Muslim teenager to death on suspicion of possessing beef, an officer said on Sunday, an attack that has drawn anger across the country. Cow slaughter is banned in most Indian states whose predomin
Published 26 Jun, 2017 12:00am
Iran seeks stronger ties with Qatar: Rouhani

Iran seeks stronger ties with Qatar: Rouhani

Iranian President Hassan Rouhani on Sunday said his country wants to bolster ties with Qatar and rejected a Saudi-led blockade of the Gulf Arab emirate. "Iran's policy is to develop more and more its relations with Doha," Rouhani said in a phone conversat
Published 26 Jun, 2017 12:00am
Holiday Notice

Holiday Notice

The offices of Business Recorder will remain closed today, Monday (June 26) and Tuesday (June 27) on account of EID-UL-FITR. There will, therefore, be no issue of the newspaper and Internet issue on Tuesday and Wednesday (June 27 & 28).
Published 26 Jun, 2017 12:00am
Albania votes with EU accession talks in mind

Albania votes with EU accession talks in mind

Albanians were voting in a parliamentary election on Sunday hoping to end a tradition of fractious and disputed polls and prove the country's readiness to begin European Union accession talks. Socialist Prime Minister Edi Rama, 52, is seeking a second ter
Published 26 Jun, 2017 12:00am
Xi to attend Hong Kong handover anniversary

Xi to attend Hong Kong handover anniversary

President Xi Jinping will visit Hong Kong this week to celebrate 20 years since the former British colony's return to China, state media confirmed Sunday, a trip that will stoke resentment among pro-democracy activists. It will be Xi's first visit to Hong
Published 26 Jun, 2017 12:00am
Erdogan says Saudi-led ultimatum 'against international law'

Erdogan says Saudi-led ultimatum 'against international law'

Turkish President Recep Tayyip Erdogan on Sunday welcomed Qatar's dismissal of a sweeping list of demands from Saudi Arabia and its allies in an escalating crisis and said the ultimatum was "against international law." "We welcome (Qatar's position) becau
Published 26 Jun, 2017 12:00am
Erdogan says Saudi-led ultimatum 'against international law'

Erdogan says Saudi-led ultimatum 'against international law'

Turkish President Recep Tayyip Erdogan on Sunday welcomed Qatar's dismissal of a sweeping list of demands from Saudi Arabia and its allies in an escalating crisis and said the ultimatum was "against international law." "We welcome (Qatar's position) becau
Published 26 Jun, 2017 12:00am
BIS warns of risks to global economic growth

BIS warns of risks to global economic growth

The Bank of International Settlements (BIS) on Sunday urged governments to allow growth trends toward long-term averages to target structural reform while warning against inflation and protectionist winds. In its annual report, the BIS said the growth out
Published 26 Jun, 2017 12:00am
BIS warns of risks to global economic growth

BIS warns of risks to global economic growth

The Bank of International Settlements (BIS) on Sunday urged governments to allow growth trends toward long-term averages to target structural reform while warning against inflation and protectionist winds. In its annual report, the BIS said the growth out
Published 26 Jun, 2017 12:00am
BIS warns of risks to global economic growth

BIS warns of risks to global economic growth

The Bank of International Settlements (BIS) on Sunday urged governments to allow growth trends toward long-term averages to target structural reform while warning against inflation and protectionist winds. In its annual report, the BIS said the growth out
Published 26 Jun, 2017 12:00am
FBR ''wholeheartedly'' cooperating with JIT

FBR ''wholeheartedly'' cooperating with JIT

The Federal Board of Revenue (FBR) has clarified that the FBR is fully cognizant of its legal obligations and all record in its possession in respect of any person including Finance Minister Ishaq Dar has been provided to the Joint Investigation Team (JIT
Published 26 Jun, 2017 12:00am
FBR 'wholeheartedly' cooperating with JIT

FBR 'wholeheartedly' cooperating with JIT

The Federal Board of Revenue (FBR) has clarified that the FBR is fully cognizant of its legal obligations and all record in its possession in respect of any person including Finance Minister Ishaq Dar has been provided to the Joint Investigation Team (JIT
Published 26 Jun, 2017 12:00am
FBR 'wholeheartedly' cooperating with JIT

FBR 'wholeheartedly' cooperating with JIT

The Federal Board of Revenue (FBR) has clarified that the FBR is fully cognizant of its legal obligations and all record in its possession in respect of any person including Finance Minister Ishaq Dar has been provided to the Joint Investigation Team (JIT
Published 26 Jun, 2017 12:00am
'Toy' bomb kills six children

'Toy' bomb kills six children

A bomb resembling a toy killed at least six children Sunday in north-western tribal area bordering Afghanistan, officials said. The bomb exploded while the children were playing with it in Speenmark village in the South Waziristan tribal district. "Six ch
Published 26 Jun, 2017 12:00am
'Toy' bomb kills six children

'Toy' bomb kills six children

A bomb resembling a toy killed at least six children Sunday in north-western tribal area bordering Afghanistan, officials said. The bomb exploded while the children were playing with it in Speenmark village in the South Waziristan tribal district. "Six ch
Published 26 Jun, 2017 12:00am
Wang, Bajwa discuss CPEC

Wang, Bajwa discuss CPEC

Foreign Minister of China, Wang Yi and his delegation called on Chief of Army Staff (COAS) General Qamar Javed Bajwa here on Sunday. Matters of mutual interest and regional security with special reference to Afghan situation and China Pakistan Economic Co
Published 26 Jun, 2017 12:00am
Wang, Bajwa discuss CPEC

Wang, Bajwa discuss CPEC

Foreign Minister of China, Wang Yi and his delegation called on Chief of Army Staff (COAS) General Qamar Javed Bajwa here on Sunday. Matters of mutual interest and regional security with special reference to Afghan situation and China Pakistan Economic Co
Published 26 Jun, 2017 12:00am
Kabul, Islamabad agree to mend fractured ties
Exchange

Kabul, Islamabad agree to mend fractured ties

Pakistan and Afghanistan have agreed to mend their ties on Chinese intervention and also decided to establish a crisis management mechanism, which will include prevention through timely and effective intelligence and information sharing and other mutually
Published 26 Jun, 2017 12:00am
Kabul, Islamabad agree to mend fractured ties
Exchange

Kabul, Islamabad agree to mend fractured ties

Pakistan and Afghanistan have agreed to mend their ties on Chinese intervention and also decided to establish a crisis management mechanism, which will include prevention through timely and effective intelligence and information sharing and other mutually
Published 26 Jun, 2017 12:00am
Futures spread up by 3290 basis points

Futures spread up by 3290 basis points

The futures spread increased by 3290bps to -26.80 percent on June 22, 2017, the last trading day of the outgoing week. Trading activities on the futures counter improved as average daily volumes increased by 22.4 percent to 42.37 million shares. Average d
Published 26 Jun, 2017 12:00am
Futures spread up by 3290 basis points

Futures spread up by 3290 basis points

The futures spread increased by 3290bps to -26.80 percent on June 22, 2017, the last trading day of the outgoing week. Trading activities on the futures counter improved as average daily volumes increased by 22.4 percent to 42.37 million shares. Average d
Published 26 Jun, 2017 12:00am
PSX remains under pressure
Mutual Funds

PSX remains under pressure

Pakistan stock market remained under pressure during the week ended June 23, 2017 and the benchmark KSE-100 index lost 526.25 points to close at 46,332.31 points. Average daily trading volumes however increased by 8.3 percent to 276.64 million shares as c
Published 26 Jun, 2017 12:00am
PSX remains under pressure
Mutual Funds

PSX remains under pressure

Pakistan stock market remained under pressure during the week ended June 23, 2017 and the benchmark KSE-100 index lost 526.25 points to close at 46,332.31 points. Average daily trading volumes however increased by 8.3 percent to 276.64 million shares as c
Published 26 Jun, 2017 12:00am
PSX remains under pressure
Mutual Funds

PSX remains under pressure

Pakistan stock market remained under pressure during the week ended June 23, 2017 and the benchmark KSE-100 index lost 526.25 points to close at 46,332.31 points. Average daily trading volumes however increased by 8.3 percent to 276.64 million shares as c
Published 26 Jun, 2017 12:00am
CoAS expresses grief

CoAS expresses grief

Army Chief General Qamar Javed Bajwa has expressed grief over loss of precious lives in the oil tanker incident in Bhawalpur. According to ISPR, General Bajwa has also offered his condolences to families of the deceased. Army Chief Bajwa also directed The
Published 26 Jun, 2017 12:00am
CoAS expresses grief

CoAS expresses grief

Army Chief General Qamar Javed Bajwa has expressed grief over loss of precious lives in the oil tanker incident in Bhawalpur. According to ISPR, General Bajwa has also offered his condolences to families of the deceased. Army Chief Bajwa also directed The
Published 26 Jun, 2017 12:00am
Prime Minister cuts short trip to London

Prime Minister cuts short trip to London

Prime Minister Nawaz Sharif, winding up his engagements in London, has decided to immediately return back to country. According to Prime Minister Office, the prime minister is leaving for Pakistan Sunday in the wake of Bahawalpur tragic incident of oil sp
Published 26 Jun, 2017 12:00am
Prime Minister cuts short trip to London

Prime Minister cuts short trip to London

Prime Minister Nawaz Sharif, winding up his engagements in London, has decided to immediately return back to country. According to Prime Minister Office, the prime minister is leaving for Pakistan Sunday in the wake of Bahawalpur tragic incident of oil sp
Published 26 Jun, 2017 12:00am
OGRA takes notice of fire

OGRA takes notice of fire

Oil & Gas Regulatory Authority (OGRA), has taken notice of the incident occurred at Ahmed Pur Sharqia, Bahawalpur, where more than 135 people were burnt alive and about 100 people have been injured. An inquiry on this tragic incident has been initiated an
Published 26 Jun, 2017 12:00am
OGRA takes notice of fire

OGRA takes notice of fire

Oil & Gas Regulatory Authority (OGRA), has taken notice of the incident occurred at Ahmed Pur Sharqia, Bahawalpur, where more than 135 people were burnt alive and about 100 people have been injured. An inquiry on this tragic incident has been initiated an
Published 26 Jun, 2017 12:00am
OGRA takes notice of fire

OGRA takes notice of fire

Oil & Gas Regulatory Authority (OGRA), has taken notice of the incident occurred at Ahmed Pur Sharqia, Bahawalpur, where more than 135 people were burnt alive and about 100 people have been injured. An inquiry on this tragic incident has been initiated an
Published 26 Jun, 2017 12:00am
OGRA takes notice of fire

OGRA takes notice of fire

Oil & Gas Regulatory Authority (OGRA), has taken notice of the incident occurred at Ahmed Pur Sharqia, Bahawalpur, where more than 135 people were burnt alive and about 100 people have been injured. An inquiry on this tragic incident has been initiated an
Published 26 Jun, 2017 12:00am
Oil tanker fire: 150 killed; over 100 receive burn injuries

Oil tanker fire: 150 killed; over 100 receive burn injuries

At least 150 people burnt alive when an oil tanker caught fire in Ahmedpur Sharqia, Bahawalpur on Sunday morning, according to rescue sources. However, police and hospital authorities have confirmed only 127 deaths. More than 100 people were reported inju
Published 26 Jun, 2017 12:00am
Oil tanker fire: 150 killed; over 100 receive burn injuries

Oil tanker fire: 150 killed; over 100 receive burn injuries

At least 150 people burnt alive when an oil tanker caught fire in Ahmedpur Sharqia, Bahawalpur on Sunday morning, according to rescue sources. However, police and hospital authorities have confirmed only 127 deaths. More than 100 people were reported inju
Published 26 Jun, 2017 12:00am
THE RUPEE: marginal changes

THE RUPEE: marginal changes

Slight fluctuations were seen in the value of the rupee versus the dollar during the week, ended on June 24, 2017. The rupee stayed put in relation to the dollar for buying and selling buying and selling at Rs 104.87 and Rs 104.88.
Published 26 Jun, 2017 12:00am
THE RUPEE: marginal changes

THE RUPEE: marginal changes

Slight fluctuations were seen in the value of the rupee versus the dollar during the week, ended on June 24, 2017. The rupee stayed put in relation to the dollar for buying and selling buying and selling at Rs 104.87 and Rs 104.88.
Published 26 Jun, 2017 12:00am
Eid-ul-Fitr today

Eid-ul-Fitr today

Eid-ul-Fitr will be celebrated on Sunday (today) in Pakistan, announced the central moon-sighting committee here after receiving several confirmations of the moon sighting from various cities and towns. The announcement was made by Chairman Ruet-e-Hilal C
Published 26 Jun, 2017 12:00am
Eid-ul-Fitr today

Eid-ul-Fitr today

Eid-ul-Fitr will be celebrated on Sunday (today) in Pakistan, announced the central moon-sighting committee here after receiving several confirmations of the moon sighting from various cities and towns. The announcement was made by Chairman Ruet-e-Hilal C
Published 26 Jun, 2017 12:00am
The Weather

The Weather

The weather report on Sunday (June 25, 2017) and the forecast for Monday (June 26, 2017).

Published 26 Jun, 2017 12:00am
Your rupee last week
Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (June 19 to 23, 2017).

Published 26 Jun, 2017 12:00am
Lopez crowned king of Queen's

Lopez crowned king of Queen's

Feliciano Lopez won the Queen's Club title in dramatic fashion as the Spaniard saved a match point before defeating Marin Cilic 4-6, 7-6 (7/2), 7-6 (10/8) on Sunday. Trailing by a set to the big-serving Cilic, Lopez held his nerve in a gripping finale to
Published 26 Jun, 2017 12:00am
Russia puts brave face on early Confed Cup exit

Russia puts brave face on early Confed Cup exit

Russia struggled for positives Sunday after they crashed out of the Confederations Cup on home soil in an ominous sign of how the hosts might fare at next year's World Cup. Football bosses shrugged off fans' fears after the team's early exit following a 2
Published 26 Jun, 2017 12:00am
Vettel, Hamilton clash as Ricciardo wins in Baku

Vettel, Hamilton clash as Ricciardo wins in Baku

Sebastian Vettel was penalised for dangerous driving after deliberately crashing into title rival Lewis Hamilton in a wild and chaotic Azerbaijan Grand Prix won by Red Bull's Daniel Ricciardo on Sunday. Hamilton's Mercedes teammate Valtteri Bottas snatche
Published 26 Jun, 2017 12:00am
Federer takes ninth Halle title

Federer takes ninth Halle title

World number five Roger Federer delivered a tennis masterclass to beat rising star Alexander Zverev 6-1 6-3 and clinch a record ninth Halle Open title on Sunday as he lay down a marker in the lead-up to Wimbledon. The 18-times grand slam champion, who ski
Published 26 Jun, 2017 12:00am
Russia slams World Cup squad doping probe report

Russia slams World Cup squad doping probe report

Russian deputy Prime Minister Vitaly Mutko on Sunday shrugged off a report that the country's entire 2014 World Cup squad was under FIFA investigation for doping. British newspaper The Mail on Sunday wrote that the Russian players are being probed by FIFA
Published 26 Jun, 2017 12:00am
Martial arts: South Korea take taekwondo golds

Martial arts: South Korea take taekwondo golds

South Korea took the first two gold medals in the 2017 World Taekwondo Championships on Sunday with victories for both the men and women. In the men's under-54kg category, Kim Tae-Hun, bronze medallist at the 2016 Rio Olympics, defeated Armin Hadipour of
Published 26 Jun, 2017 12:00am
Romero wins first European title in a decade in Munich

Romero wins first European title in a decade in Munich

Argentina's Andres Romero snatched a surprise victory at the BMW International Open on Sunday with a blistering finish, firing a final round of 65 to finish a shot clear of US Masters champion Sergio Garcia. Romero, playing on a sponsor's invitation, reco
Published 26 Jun, 2017 12:00am
Olympic champion McLeod sets sizzling 110 metres hurdles pace

Olympic champion McLeod sets sizzling 110 metres hurdles pace

Reigning Olympic 110 metres hurdles champion Omar McLeod ran a sizzling 12.90 seconds in Kingston on Saturday to lay down a marker ahead of the world championships. McLeod's run to secure a third successive national title at the Jamaica championships was
Published 26 Jun, 2017 12:00am
Twitter to let streaming video stars collect money from fans

Twitter to let streaming video stars collect money from fans

Twitter Inc plans on June 21 to launch a system for people to earn money by streaming live on its Periscope service, a first for Twitter and a way for the company to try to compete with YouTube and others in the search for internet talent. People watching
Published 26 Jun, 2017 12:00am
Amazon aiming to be the dressing room in your house

Amazon aiming to be the dressing room in your house

Amazon is hoping to claim more territory once held by department stores, essentially placing a dressing room in your house. The company, which has been making a big push into selling clothes, is testing a new service that lets members of its Prime program
Published 26 Jun, 2017 12:00am
Facebook offers Indian women tools to protect privacy

Facebook offers Indian women tools to protect privacy

Facebook has introduced new security features for women using the social media platform in India, including the ability to prevent strangers from downloading their profile pictures, the company said Thursday. Research by the social media giant found that
Published 26 Jun, 2017 12:00am
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