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Power distribution firms: Privatisation proposal draws wrath of senators
ISLAMABAD: The proposal of privatising power distribution companies drew the wrath of senators who demanded on Thursday that it should not be done without taking all the stakeholders into confidence....
View ArticleAxact charged again: FIA registers money laundering case
ISLAMABAD: After thorough investigations into the Axact scandal, the Federal Investigation Agency (FIA) has found that the company was also involved in money laundering. “The FIA has decided to file...
View ArticleConspiracy claims: Plans afoot to form a new MQM, says Altaf
KARACHI: The Muttahida Qaumi Movement (MQM) chief on Thursday again reiterated his claims that conspiracies were being hatched against him and plans were being made to form a new party. “Conspiracies...
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Survey results: Only 15% Pakistanis avail Digital Financial Services
ISLAMABAD: Only 15% Pakistanis avail Digital Financial Services (DFS) and there has been no significant increase in the user base or registrations between 2013 and 2014, said a Financial Inclusion...
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National Savings Schemes: Savings mobilised increase 62.4% in FY15
KARACHI: Savings mobilisation by the National Savings Schemes (NSS) in 2014-15 clocked in at Rs336.1 billion, 62.4% higher than the amount of savings mobilised in the preceding fiscal year. According...
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Irregularities in invoicing: Variation in trade statistics a grave issue
LAHORE: Discrepancy in trade statistics shown by the Pakistani and Chinese customs authorities need to be addressed by implementing a transparent, coherent and fully integrated global customs valuation...
View ArticleForeign exchange: SBP’s reserves reach $13.767b
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased 2.8% on a weekly basis on July 31, according to data released by the central bank on Thursday. SBP’s liquid...
View ArticleNew forum: Businessmen seek representation
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has called on the government to give proper representation to private sector in the new forum established to focus on improving goods...
View ArticleCorruption crackdown: NAB to hold 6 inquiries, 3 investigations
ISLAMABAD: The Executive Board Meeting (EBM) of National Accountability Bureau (NAB) was held under the chairmanship of Chairman Qamar Zaman Chaudhry, at NAB Headquarters, Islamabad on Friday. The...
View ArticleLoc aggression: Indian forces again violate ceasefire
MUZAFFARABAD: The Indian army on Friday violated the ceasefire on the Line of Control (LoC) again while attacking the civilian population in the Khurshidabad sector of Azad Jammu and Kashmir (AJK)....
View ArticleWilliamson leads New Zealand to series triumph
HARARE: Captain Kane Williamson’s steady knock and an assured performance from the New Zealand bowlers saw the tourists secure a 38-run victory in Friday’s third one-day international against Zimbabwe...
View ArticleOne NATO force member, two insurgents killed in Kabul attack
KABUL: One member of Afghanistan’s NATO force and two insurgents were killed in an overnight battle at a base used by special forces in Kabul, a US official said on Saturday. Authorities were still...
View ArticleSindh government to set up power projects in 7 districts
KARACHI: Sindh government on Saturday made the decision to establish renewable energy power projects in seven districts of the province in order to overcome power shortage, Radio Pakistan reported....
View ArticleStokes happy to step up in Anderson’s absence
NOTTINGHAM: Ben Stokes said he was proud of bowling an England side missing James Anderson to the verge of an Ashes-clinching win in the fourth Test against Australia at Trent Bridge on Friday. Pace...
View ArticleFather of arson attack Palestinian toddler dies of injuries: official
NABLUS: The father of a Palestinian toddler killed last week after their home was firebombed by suspected Jewish extremists has died of his injuries in an Israeli hospital, a Palestinian official said...
View ArticleFinally found my home: Adnan Sami
Pakistani singer Adnan Sami had submitted an application to the Indian home ministry on May 26, 2015 requesting an exemption from deportation on humanitarian grounds. The singer was granted permission...
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Funeral prayers offered for Mansehra crash victims
The funeral prayers of Mansehra helicopter crash victims were offered on Saturday at Chaklala, Inter Services Public Relations (ISPR) revealed in a statement. Chief of Army Staff General Raheel Sharif,...
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Five questions ahead of new Premier League season
LONDON: The Premier League gets underway on Saturday with champions Chelsea looking to retain the title. On the eve of the much-anticipated new season, AFP Sport looks at five key questions: Will...
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Lahore: Living on the edge
Lahore is believed to have a history that goes back a millennium. It has been a capital of empires, withstood invasions and the city predates the country it is now a part of. Various regimes have made...
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Delhi to Karachi: A tale of two homelands
Once upon a time there was an Indian boy who grew up in Karachi. At the time, he did not know just how odd that simple fact was. That boy was me. I lived in Karachi because my father, a diplomat, was...
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