AKD Securities case: Security czar unhappy with FIA investigation
KARACHI: The case against AKD Securities has taken a new turn with the country’s top security czar expressing dissatisfaction over the briefing by the Federal Investigation Agency’s sleuths and...
View ArticleBalochistan Assembly: MPAs decry Wapda, Qesco inefficiency
QUETTA: The members of Balochistan Assembly lashed out at the authorities of Quetta Electric Supply Company (Qesco) and Wapda over the inefficiency of the departments. During the session of Balochistan...
View ArticleMeeting In Ghq: COAS, Olson discuss regional security
RAWALPINDI: The US special representative for Afghanistan and Pakistan Richard Olson on Monday met army chief General Raheel Sharif and discussed security situation in the region, particularly...
View ArticlePrecious land: CM’s Inspection Team holds inquiry into return of Auqaf land
LAHORE: Punjab chief minister’s inspection team has initiated a formal inquiry into the issue of 1,700 acres of land worth billions of rupees that was taken back from the Auqaf Department and handed...
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Countering propaganda: PML-N gearing up to defend CPEC choices
PESHAWAR: A day after Khyber-Pakhtunkhwa Chief Minister Pervaiz Khattak demanded that the government clear the air regarding the western route of the China-Pakistan Economic Corridor (CPEC), the...
View ArticleNational Assembly: Walkouts by PPP, MQM mar the session
ISLAMABAD: Back to back walkouts marred Monday’s session of the National Assembly but a bill was bulldozed through the house before the sitting was adjourned due to lack of quorum.Lawmakers from the...
View ArticlePartners in progress: Gwadar, Chabahar to be made ‘sister port cities’
QUETTA: Gwadar and Chabahar will be made ‘sister port cities’, and railway track will be laid between them on priority, Balochistan Chief Minister Nawab Sanaullah Zehri said in a meeting with Ali Osat...
View ArticleMysterious fire in church courtyard damages equipment
LAHORE: A ‘mysterious fire’ burnt down equipment in the courtyard of a church in a Lahore neighbourhood late last week, it emerged on Monday. A fire damaged the New Apostolic Church in the Bath village...
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‘Currency’s overvaluation keeping exports down’
KARACHI: Former finance minister and senior economist Dr Hafeez Pasha has said that it is not possible to compete with the European market when your currency is 16% stronger than the European...
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Market watch: Foreigners turn buyers, index still ends negative (Business)
KARACHI: After dipping close to the 32,000 level, Pakistan equities closed negative with trimmed losses as falling crude prices kept investors bearish on index-heavy oil stocks.Cements continued to...
View Article1HFY16: Trade deficit amounts to $11.92b
ISLAMABAD: Amid fresh concerns over further loss of competitiveness in global markets, Pakistan’s external trade deficit stood at roughly $12 billion during the first half of this fiscal year (Jul-Dec...
View ArticleStone production : PASDEC introduces mechanised mining
ISLAMABAD: Pakistan Stone Development Company (PASDEC) has introduced mechanised marble and granite quarrying aimed at maximising stones production and reducing wastage, PASDEC, CEO Zahid Maqsood...
View ArticleCurrency: Rupee remains stable against dollar
KARACHI: The rupee remained stable against the dollar at 104.5/104.7 in the inter-bank market on Tuesday compared to Monday’s close of 104.5/104.7. The currency market has fluctuated regularly in...
View ArticleUrgency : LCCI urges FBR to refund claims
LAHORE: The Lahore Chamber of Commerce and Industry( LCCI) has urged Finance Minister Ishaq Dar and the Federal Board of Revenue (FBR) to release refund claims at the earliest as the business community...
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Year 2016: Analysts continue to remain bearish on gold
KARACHI: Brace yourself for another year of uncertainty if you are one of those investors who remain hopelessly in love with gold: the price of the precious metal is nowhere near a rebound in...
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Pharma sector: DRAP to introduce ‘identification code system’
ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has decided to introduce a ‘global unique identification code system’ in a bid to eradicate the sale of spurious drugs.The proposed bar code...
View ArticleNew avenues: Minister calls for maximum usage of IT
ISLAMABAD: Minister for Science and Technology Rana Tanveer Hussain has called for taking maximum use of Information and Communication Technologies (ICTs) to evolve better policies and improve...
View ArticleChinese delegation: BoI highlights areas of investment
ISLAMABAD: The Board of Investment (BoI) Tuesday invited Chinese businessmen to invest in energy, agriculture, construction and other sectors, as Pakistan was committed to improving business climate to...
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PPP urges PM to address concerns on corridor
ISLAMABAD: A day after the treasury benches defeated its move to make it mandatory for the prime minister to attend the parliamentary session once a week, the Pakistan Peoples’ Party (PPP) on Wednesday...
View ArticleLegislators advocate more powers for ECP
ISLAMABAD: The election body failed to exercise its legal and constitutional powers to enforce election rules, as candidates and political parties committed various violations in the recently held...
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