Economy

  Rupee gains ground against US dollar

KARACHI: The Pakistani rupee continues to gain ground against the US dollar. Currency dealers have projected that the US dollar will be valued under Rs100. According to Forex dealers, the US dollar depreciated by Rs1.12 at the start of trading and wa...

  KSE hits all-time high as institutions, strong rupee build rally

KARACHI: Karachi Stock Exchange (KSE) hit another all-time high of 27,176 points on Monday as institutions went berserk over bluechips, media reported. The benchmark KSE 100-Index rose by 1.06 percent, or 284.03 points. According to dealers, oil stoc...

  PM Nawaz announces Rs1 billion in aid for Thar

MITHI: An aid package worth Rs1 billion has been announced by Prime Minister Nawaz Sharif for the drought-affected people of Tharparkar district. The announcement was made during a briefing by the district administration to the prime minister on the ...

  Estonia expresses interest in Pakistan’s energy, ICT sectors

Islamabad:Special Representative of Estonia to Pakistan Mr. Vaino Reinart on Monday expressed keen interest in Pakistan’s energy and Information and communications technology (ICT) sectors which have great investment potential.Pakistan is emerging as...

  'One Pound Fish' singer indicted for fraud

LAHORE: A banking court in Lahore has indicted ‘One Pound Fish’ singer Shahid Nazir for fraud. The singer has been summoned by the court on April 9. The banking court heard the case pertaining to a Rs6 million cheque written by Nazir which bounced. T...

  Malik Riaz announces Rs0.5mn each for victims’ heirs

ISLAMABAD: Chairman of the Bahria Town Malik Riaz Hussain has announced Rs500,000 each for the families of children died of starvation in Tharparkar, media reported. Malik Riaz has demanded of the Sindh government to immediately provide the list of v...

  PM Nawaz refuses lunch during Mithi visit

MITHI: Prime Minister Nawaz Sharif refused to have lunch during his visit to Thar, media reported on Monday. Sources said the prime minister, on the occasion, directed the concerned officials to use for the welfare of affectees the amount that was be...

  Asian shares slip after weak China, Japan data

HONG KONG: Asian markets tumbled on Monday following a surprisingly poor batch of economic data out of China, while revised Japanese figures showed 2013 growth was slower than expected. The losses came after healthy gains on most bourses last week an...

  CNG stations in Sindh shut for 24 hours

KARACHI: All CNG stations in Sindh including Karachi would remain shut for 24 hours effective from Monday 8 AM to Tuesday 8 AM. According to Sui Southern Gas Company (SSGC), the shutdown is compliance with the sector-wise priority order for gas load ...

  Oil prices ease

SINGAPORE: Oil prices eased in Asian trade Monday as weak Chinese trade data stoked concerns over demand in the world´s top energy consumer, analysts said. New York´s main contract, West Texas Intermediate for April delivery, was down nine cents at $...

  Oil production touches 90 000 barrel per day

ISLAMABAD: The Ministry of Petroleum and Natural Resources is effectively pursuing policies to explore indigenous hydrocarbon resources for mitigating energy crisis jacking up the country's oil production to 90 000 barrel per day. The government is g...

  World Wide Web turns 25 years old

SAN FRANCISCO: Twenty-five years ago, the World Wide Web was just an idea in a technical paper from an obscure, young computer scientist at a European physics lab. That idea from Tim Berners-Lee at the CERN lab in Switzerland, outlining a way to easi...

  Army establish field hospital in drought-hit Tharparkar

RAWALPINDI: To help out affected population in Mithi and Tharparker, relief teams of Pakistan Army have reached in the area. Relief effort includes Field Hospital and Food Packs. According to ISPR press release, Doctors and Paramedics of field hospit...

  Political stability crucial for economic growth: Senator

Business community asked to support Govt’s initiativesFPCCI assures cooperation to the Government Islamabad: Senator Syed Zafar Ali Shah on Saturday said the political, social and economic system of the country is in grave danger which necessitates u...

  Gen Raheel meets Dar to discuss defence budget

ISLAMABAD:Chief of the Army Staff General Rahil Sharif on Saturday called on Finance Minster Ishaq Dar to discuss defence allocations in the country’s budget for the next financial year. Sources said that Dar told the army chief that all the needs of...

  ‘Sindh govt didn’t reject Punjab assistance offer’

KARACHI: Sindh Information Minister Sharjeel Inam Memon has rejected reports about Sindh government having refused to accept Punjab’s offer of assistance in the backdrop of famine-like situation in Tharparkar district. Speaking to media, the minister...

  KP govt announces aid package for Sindh drought-hit people

PESHAWAR: The Khyber Pakhtunkhwa government has announced a Rs100 million package for the drought-hit people in Sindh. Chief Minister Pervez Khattak directed PDMA to procure rice, flour, pulses, sugar, tea, cooking oil, dates, salt, potable water, mi...

  Malik Riaz announce Rs 200m for drought-hit Tharparkar people

ISLAMABAD: Bahria Town Chairman Malik Riaz has announced Rs 200 million in assistance to the drought-hit people of Tharparkar. Talking to media, Malik Riaz said that each affected family would get edible items including Ghee, flour, rice and sugar to...

  Dollar stuck in tight range ahead of US jobs data

TOKYO: The dollar moved narrowly against the yen and euro in Asia on Friday as investors await US jobs data later in the day for clues about the state of the world´s largest economy. The US currency fetched 103.00 yen in Tokyo afternoon trade, slight...

  Karachi Stock Exchange ends shade higher

KARACHI: The 100-Index of Karachi Stock Exchange (KSE) Friday finished flat with a meagre gain of 0.19 percent. The benchmark index of the apex bourse rose by 49.70 points to close at 26,892.23 level by the time the closing bell chimed. Overall conso...


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Feature / Analysis

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  • Lessons Obtained from Afghan Presidential Polls 2014

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Opinion

  • Bridging the abyss

    DESCRIBING his experience of blindness, Prof John Hull of Birmingham U...

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  • USAID documents cite Hillary Clinton in chaos of Afghan aid

    Despite waiver, reviews find U.S. money at riskIn internal government ...

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  • Why a Regional Security Force Will Not Work in Afghanistan

    Talk of a new regional force is unrealistic. There is only one way to ...

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  • Afghan election: Why the Taliban will win

    The West invaded Afghanistan, but Pakistan may have been the "true ene...

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