A lesson from the late Agha Shahi
ISLAMABAD: I remember that this country used to have very good bureaucrats, technocrats, judges, jurists, among others, just after its genesis. They used to understand institutional authority. They...
View ArticleShutting down schools: enmity towards education
KARACHI: It is a widely accepted belief that to arrest the spread of terrorism, education must be provided to children worldwide. For this purpose, the international community spends billions of...
View ArticleEradicating polio
LAHORE: Pakistan is one of the few remaining countries in the world where polio is still categorised as an endemic viral infection. Hence, the initiation of a polio eradication campaign in the selected...
View ArticleExtension sought in COAS’s term
LAHORE: A petition has been moved in Lahore High Court seeking extension in the tenure of the chief of army staff and the corps commanders to “weed out terrorism and for welfare of the state.” Advocate...
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Ugly turn: Realty sector representatives hint at giving strike call
ISLAMABAD: The representatives of real estate sector on Thursday hinted at giving a strike call after the government refused to accept their valuation of properties, which may prolong the on-going...
View ArticleMonsoon season: Flood hits several villages in Sialkot district
MULTAN / SIALKOT / DERA GHAZI KHAN: Several areas in Sialkot district were inundated by high-level floods in Palkhu torrent, Dek torrent and Aik torrent on Thursday. Crops and houses in Neeka Pura,...
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Impeding progress: Pharma sector holds DRAP responsible for poor exports
ISLAMABAD: The pharmaceutical sector in Pakistan has been virtually trapped by the Drug Regulatory Authority of Pakistan (Drap) and holds the authority responsible for its poor performance in terms of...
View Article$2b LNG pipeline: Russian team coming to start talks on commercial contract
ISLAMABAD: Pakistan and Russia are set to start negotiations on a commercial contract for laying a $2-billion liquefied natural gas (LNG) pipeline next week following the go-ahead given by the Ministry...
View ArticleUnimpressive start: Tax collection growth sluggish in July
ISLAMABAD: The tax collection drive is off to a bumpy start as the growth in revenues in the first month of new fiscal year remained sluggish due to the heavy advances taken last month to meet the...
View ArticleMonetary policy: Analysts expect SBP to keep interest rate unchanged
KARACHI: Most analysts expect the State Bank of Pakistan (SBP) to keep the benchmark interest rate unchanged in the monetary policy announcement due on Saturday (today). In a recent survey conducted by...
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Market watch: Stock market marches ahead in single-session day
KARACHI: The last day of the week began only after an IT problem was addressed – meaning only for the second i.e. PM session. The index closed marginally positive, but a record high nonetheless. The...
View ArticlePower production up 60% on LNG import, cheaper oil
KARACHI: Records of the government reveal that electricity generation has increased significantly over the last four months with the availability of imported liquefied natural gas (LNG), cheaper...
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Lucky Cement to set up new 1.25m-ton plant in Karachi
KARACHI: Lucky Cement on Friday announced its intention to expand its current capacity in the south by installing a plant of 1.25 million tons per annum at the existing plant site in Karachi. This is...
View ArticleSmall Olympic Village fire forces Australia evacuation
RIO DE JANEIRO: Australian athletes briefly had to evacuate their apartments Friday after a small fire in the troubled Rio Olympics Village. The Australian delegation, preparing to compete in the Games...
View ArticleImproving relations: India prioritises trade with SAARC states: envoy
LAHORE: Deputy High Commissioner of India JP Singh has stressed that Indian Prime Minister Narendra Modi has accorded priority to improving trade relations with member-states of the South Asian...
View ArticleFacilitation: Direct flights from Faisalabad to China demanded
FAISALABAD: The industrialists of Faisalabad have demanded the start of direct flights to Chinese cities in order to facilitate frequent travellers between the two countries. The China-Pakistan...
View ArticleCorporate result: Engro Foods reports earnings of Rs1.9b
KARACHI: In line with the expectation of analysts, Engro Foods reported on Friday earnings of Rs1.9 billion for the first half of 2016, which is nominally less than the net profit for the comparable...
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MoU signed: Grace Refinery to invest $5b in Kot Addu
LAHORE: The Punjab Board of Investment and Trade (PBIT) has signed a memorandum of understanding (MoU) with Grace Refinery, an international petrochemical company, for a $5-billion investment in Kot...
View ArticleRent laws: Six held for violating law
RAWALPINDI: The Gunjmandi police on Saturday arrested six persons for allegedly violating the Punjab Information of Temporary Residents Ordinance. The police arrested tenants and owners, Muhammad...
View Articlehit-and-run Man killed on road
RAWALPINDI: A 65-year-old man was killed in a hit-and-run in the Airport area of Rawalpindi on Saturday. The local police said that the deceased, identified as Sardar Khan, was crossing Airport Chowk...
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