Economy

  Pakistan signs CASA-1000 agreement to import electricity

WASHINGTON: Pakistan, Afghanistan, Tajikistan and Kyrgyzstan have signed an agreement CASA-1000 which will enable Islamabad to import electricity to meet its energy needs. Federal Minister for Water and Power Khawaja Asif represented Pakistan in the ...

  Asian shares mixed ahead of BoJ meeting outcome

HONG KONG: Asian stocks were mixed Tuesday as traders awaited the result of a Bank of Japan policy meeting, following disappointing Japanese quarterly growth figures the day before. After a day of gains, Asia´s markets had no cues from Wall Street wh...

  Oil prices mixed in Asian trade

SINGAPORE: Oil prices were mixed in Asian trade Tuesday with cold weather in the United States pushing demand for heating fuel higher and credit growth in China also giving support. Investors were awaiting fresh leads following the closure of US fina...

  PM Nawaz cancels Karachi visit: sources

KARACHI: Prime Minister Nawaz Sharif has cancelled his scheduled visit to Karachi, media reported Monday. PM Nawaz was to participate in export award ceremony of Karachi Chamber of Commerce and Industry (KCCI). During the visit, he was also expected ...

  SACC hosts its 20th anniversary gala

HOUSTON: The Houston South Asian Chamber of Commerce hosted their 20th anniversary gala in Houston local hotel to honoring outstanding business leader S.Javaid Anwar, CEO of Midland Energy, and Anthony Melikhov, founder of Unite 4 Good, this year's O...

  Asia stocks rise as China credit growth rebounds

BEIJING: Asian stock markets rose Monday after China´s bank lending in January beat forecasts and Europe reported stronger-than-expected economic growth. The Shanghai Composite Index added 0.3 percent to 2,122.9 and Tokyo´s Nikkei 225 gained 0.4 perc...

  CNG stations shut in Sindh for 24 hours

KARACHI: All CNG stations have shut in Sindh province at 8 AM for 24 hours under gas load management plan. According to Sui Southern Gas Company, the CNG refilling pumps would reopen at 8 AM on Tuesday after 24-hour closure....

  U.S. Presses Trade Action Against India on Solar Energy

The U.S. filed a second complaint against India’s solar-energy policies at the World Trade Organization, reviving a year-old dispute between the two nations.Today’s action follows a case the U.S. filed in February 2013 at the Geneva-based WTO, saying...

  Three cops caught red-handed while robbing in Karachi

KARACHI: Police took action in Saddar locality of the metropolis, arresting their three personnel red-handed, who were committing robbery in Empress Market. According to the police, the accused personnel have been shifted to Preedy police station and...

  FBR issues MPs tax directory

ISLAMABAD: The Federal Bureau of Revenue (FBR) has issued tax directory of Parliamentarians on its website, according to which as many as 102 MPs have not submitted their tax returns. According to details, the FBR has received tax details of 1172 mem...

  Killa Abdullah: Man held 3000 kg narcotics seized

CHAMAN: Security forces arrested a man and recovered huge quantity of narcotics from his possession on Saturday in Gulistan area of Killa Abdullah district. According to Levies force acting on a tip off Security forces conducted raid at a place and a...

  5 illegal gold miners killed in Colombia

BOGOTA: A wall of rain-sodden earth collapsed into an illegal, open-air gold mining pit in southwestern Colombia on Friday, killing five miners and injuring 12, authorities said. Red Cross spokesman Cesur Uruena in Bogota said heavy rains were impedi...

  Sindh CNG stations reopen after 24-hour closure

KARACHI: All CNG refilling outlets in Sindh province reopened on Saturday morning after 24-hour closure. According to Sui Southern Gas Company (SSGC) official, the CNG stations is Sindh was shut on Friday at 8 AM for 24 hours under gas load managemen...

  Pakistan forex reserves fall to $7.589bn

KARACHI: Pakistan’s foreign exchange reserves dropped to $7.589 billion in the week ending February 7 compared to $8.017 billion in the previous week, the State Bank of Pakistan (SBP) said. Remittances from Pakistanis abroad rose 9.46 percent to $7.8...

  CNG stations shut for 24 hours in Sindh

KARACHI: The filling stations of Compressed Natural Gas (CNG) across Sindh including Karachi will observe a 24-hour closure starting Friday morning, media reported. According to the gas load management schedule issued by Sui Southern Gas Company (SSG...

  KP launches Rs2b Khud Kafalat Scheme

ESHAWAR: Khyber Pakh-tunkhwa Chief Minister Pervez Khattak on Wednesday said that Pakistan Tehreek-e-Insaf (PTI)-led coalition would fulfill the promise of “change” it made with the people or else it would leave the power that meant nothing to it. He...

  NAB summons ex-CM Haider Hoti

Weapons scamPESHAWAR: The National Accountability Bureau (NAB), Khyber Pakhtunkhwa, has summoned former chief minister Ameer Haider Hoti on Friday for questioning in the multi-billion scam concerning the procurement of weapons and vehicles for the po...

  NAB yet to receive military inquiry into NLC scandal

ISLAMABAD: National Accountability Bureau (NAB) Chairman Qamar Zaman Chaudhry said on Wednesday military authorities had not sent inquiry report about the generals involved in the NLC scandal despite repeated requests. He said that many reminders wer...

  Pakistan to get $900mn from ADB for Jamshoro coal power project

ISLAMABAD: The Asian Development Bank (ADB) will provide $900 million to Pakistan for completion of Jamshoro coal power project. Pakistan and ADB signed an agreement in this regard on Wednesday. Secretary Economic Affairs Division Nargis Sethi and AD...

  LPG price increased by Rs5 per kg

ISLAMABAD: The Liquefied Petroleum Gas (LPG) marketing companies on Wednesday increased price by Rs. 5 per kg with immediate effect. Chairman LPG Dealers Association, Irfan Khokhar describing the raise illegal said the prices were jacked up without a...


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Feature / Analysis

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Opinion

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