Economy

  Pakistan’s growth rate stood at 4.1pc: Economic Survey 2013-14

ISLAMABAD: Minister for Finance, Senator Ishaq Dar is releasing Economic Survey 2013-14 on Monday. According to the survey, Pakistan’s growth rate stood at 4.1 percent which is less than the targeted figure of 4.4 percent but still being termed encou...

  100 MW from Nandipur power plant added to national grid

ISLAMABAD: The first unit of Nandipur Power Plant project has been completed in seven months and it has started electricity production. According to a spokesman of the Nandipur Power Plant, initially 100 megawatt of electricity produced from the proj...

  PM inaugurates 1st of 4 units of Nandipur power project

NANDIPUR: Prime Minister Muhammad Nawaz Sharif Saturday formally inaugurated the first 95 MW unit of 425 MW Nandipur power project, media reported. Punjab Chief Minister, Shahbaz Sharif, Federal Minister for water and power, Khawaja Asif, other top o...

  Stay order against private news channel for using ‘Zara Sochiye’ trademark illegally

KARACHI: Sindh High Court on Friday issued a stay order against a private news channel involved in using ‘Zara Sochiye’ trademark illegally, Geo News reported. It may be noted here that ‘Zara Sochiye’ is a registered trademark of Geo TV and under the...

  Karachi stocks continue to remain upbeat

KARACHI: The stock market continued to remain buoyant Friday with bullish investors helping the market to surge by 250 points breaking all past records of the benchmark KSE-100 index reaching at 29,792 points, media reported. The market opened upbeat...

  PM Nawaz inaugurates coal power project in Sahiwal

SAHIWAL: Prime Minister Mian Muhammad Nawaz Sharif laid the foundation stone of two coal based power plants in Sahiwal on Friday, media reported. Prime Minister Mian Nawaz Sharif was accompanied by Chief Minister Punjab Mian Shahbaz Sharif and Minist...

  Crude prices mixed in Asia

SINGAPORE: Oil prices were mixed in Asia Friday as traders took a breather after recent gains, but signs of stronger US gasoline demand and escalating tensions in Ukraine provided support. US benchmark, West Texas Intermediate (WTI) for delivery in J...

  Non-bailable arrest warrants for Gilani, Fahim issued

KARACHI: Federal Anti-Corruption Court on Thursday issued arrest non-bailable warrants for former prime minister Yousuf Raza Gilani and former minister for commerce Makhdoom Amin Fahim, media reported. The Federal Anti-Corruption Court no. 01 Judge, ...

  Dollar falls in Asia ahead of revised US growth data

TOKYO: The dollar weakened against the yen and euro in Asia Thursday as markets await the release of US indicators later in the day, including revised first-quarter US economic growth. In afternoon Tokyo trading, the greenback eased to 101.68 yen fro...

  Oil prices up in Asian trade

SINGAPORE: Oil prices rose in Asia Thursday as dealers await the latest US supply report for clues about demand in the world´s biggest crude consumer, while supply concerns also provided support. US benchmark, West Texas Intermediate (WTI) for delive...

  Work on Karachi-Lahore Motorway to begin within few months: Nawaz

ISLAMABAD: Prime Minister Nawaz Sharif has stated that work on Karachi-Lahore Motorway project would begin within few months, media reported. The premier was speaking to a delegation of Pakistan Muslim League-Nawaz (PML-N) leaders and parliamentarian...

  Oil prices up

SINGAPORE: Oil prices rose in Asia Wednesday, underpinned by concerns about the Ukraine crisis as fierce armed confrontation between government forces and pro-Moscow separatists continued unabated leaving dozens dead. US benchmark, West Texas Interme...

  Dollar holds steady in Asia

TOKYO: The dollar held steady against the yen in Asia on Wednesday after enjoying a pick-up in New York thanks to an upbeat batch of US data and a record close for the S&P 500 stock index. The euro also remained under pressure as investors back the E...

  Intel, China's Rockchip in Android tablets alliance

NEW YORK: US computer chip giant Intel (Berlin: INL.BE - news) announced Tuesday a partnership with Chinese tech firm Rockchip to produce low-cost Android-based tablet computers. The two companies will produce "a range of entry-level Android tablets ...

  Next fiscal year growth rate target fixed at 5.2 percent

ISLAMABAD: The federal government has fixed the target of 5.2 percent for economic growth in the next fiscal year, while inflation at 8 percent and exports estimated at $27 billion, media reported. Sources said the meeting held here with the Federal ...

  Poverty, unemployment, price-hike due to capitalism: Altaf

LONDON: Muttahida Qaumi Movement (MQM) Quaid Altaf Hussain Tuesday said that the nation is struck by poverty, unemployment and inflation due to the capitalistic system in vogue in the country and added that Pakistan needed a courageous, brave and sin...

  Crude prices up

SINGAPORE: Oil prices rose in Asian trade Tuesday on concerns over a dramatic escalation in the Ukraine crisis that could potentially cause a disruption in gas supply and send energy prices soaring, analysts said. US benchmark, West Texas Intermediat...

  Euro rallies in Asia after ECB chief's comments

TOKYO: The euro rallied in Asia Tuesday after the single currency tumbled on weak German business data which boosted speculation of further monetary easing measures by the European Central Bank (ECB).In midday Tokyo trading, the euro rose to $1.3662 ...

  Accountability court indicts 11 accused in OGRA corruption case

ISLAMABAD: An accountability court in Islamabad has indicted 11 accused including former Chairman OGRA Tauqir Sadiq in corruption case. According to reports, accountability court judge Muhammad Bashir heard the case. The court sought evidence from pr...

  ‘X-Men’ dominates holiday box office with $91M

LOS ANGELES: A team of mutants overpowered one massive mutant monster at the box office during the Memorial Day holiday. Fox-Marvel´s "X-Men: Days of Future Past" debuted with $91 million to beat last weekend´s No. 1 hit, the Warner Bros. science-fic...


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Feature / Analysis

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Opinion

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  • Exclusive: A US-backed militia runs amok in Afghanistan

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  • Hinduism in a Tizzy

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