Economy

  Pakistan can become world's 18th largest economy by 2050: expert

ISLAMABAD: Pakistan has the potential to become the 18th largest economy of world by 2050, leaving behind many strong economies, according to Jim O'Neill, a British economist. Jim O'Neill is famous for coining the term BRIC - Brazil, Russia, India an...

  PM chairs meeting on Rawalpindi-Islamabad Metro Bus project

LAHORE: Prime Minister Nawaz Sharif on Sunday chaired a high level meeting to discuss Rawalpindi-Islamabad Metro Bus project. In the meeting, PM Nawaz was briefed about the project. He was apprised that thousand of people would take benefit from this...

  Pakistan India reaffirm commitment to normal trading relations

ISLAMABAD: Commerce ministers of Pakistan and India have reaffirmed the commitment of their governments to expeditiously establish normal trading relations and in this context to provide Non Discriminatory Market Access (NDMA) on a reciprocal basis. ...

  Intel to reduce global workforce by 5 percent in 2014

SAN FRANCISCO: Intel Corp plans to reduce its global workforce of 107,000 by about 5 percent this year as the chipmaker, struggling with falling personal-computer sales, shifts focus to faster-growing areas, a company spokesman said on Friday. The an...

  Obama: 2014 can be breakthrough year for US

WASHINGTON: President Barack Obama says he believes 2014 can be a breakthrough year for the country. In his weekly radio and Internet address, Obama says the U.S. is primed to bring back jobs lost in the recession or to overseas competitors. But he s...

  Obama signs $1.1 trillion government spending bill

WASHINGTON: President Barack Obama has signed the $1.1 trillion spending bill that funds the federal government through the end of September. Obama signed the measure Friday, the day before federal funding was set to run out. He was joined at a confe...

  KSE gains 425 points to top 26,900 mark in week

KARACHI: Karachi Stock Exchange's (KSE remained in top gear during the last four-session week, ending January 17, 2014, as the benchmark Index summited yet another peak gaining a total of 425 points .On the rollover day the KSE-100 Index crossed the ...

  Zardari files petitions for acquittal in all five references

ISLAMABAD: Former President, Asif Ali Zardari has been granted permanent exemption from appearing before the accountability court hearing the references against him. The former president’s counsel, Farooq H. Naek said his client would appear before t...

  Pakistani stocks end higher; rupee strengthens

KARACHI: Pakistan’s capital market jumped to 26,913.85 points on Friday.The benchmark 100-share index of the Karachi Stock Exchange rose by 0.69 percent, or 183.61 points, to 26,913.85. According to analyst, with much awaited listing of (EFERT) Engro...

  China starts relaxing one-child policy

BEIJING: China began to implement the loosening of its controversial one-child policy Friday when a province announced it has made it legal for couples to have two children if one parent is an only child. Legislators in Zhejiang in eastern China Mond...

  RPPs scam: Raja Pervaiz Ashraf, others indicted

RAWALPINDI: The Accountability Court Friday indicted former prime minister Raja Pervaiz Ashraf and others in Rs22 billion Rental Power Projects (RPPs) scam case, media reported. A judge of accountability court, Muhammad Bashir was hearing the RPPs re...

  PTI govt protects power thieves: Abid Sher Ali

ISLAMABAD: State Minister for Water and Power Abid Sher Ali has alleged that Pakistan Tehreek-e-Insaf (PTI) government was providing protection to power thieves in Khyber Pakhtunkhwa, media reported. Addressing a press conference here Friday, Abid Sh...

  SBP discount rate unchanged at 10 percent

KARACHI: State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 10 percent, media reported. It was announced by SBP Governor, Yaseen Anwar, while unveiling the Monetary Policy Statement (MPS) at a press conference here on Frida...

  Senate easily passes $1.1 trillion spending bill

WASHINGTON: Congress sent President Barack Obama a $1.1 trillion government-wide spending bill Thursday, easing the harshest effects of last year´s automatic budget cuts after tea party critics chastened by October´s partial shutdown mounted only a f...

  Oil prices down

SINGAPORE: World oil prices eased in Asian trade Friday owing to supply concerns as non-OPEC members such as the United States ramp up production. US benchmark West Texas Intermediate for delivery in February dipped one cent to $93.95 by mid-morning ...

  Dollar slips in Asia despite upbeat jobs data

TOKYO: The dollar drifted lower in Asia on Friday as weak inflation figures and disappointing US corporate results dampened investor sentiment, while the euro was also under pressure on deflation fears. The greenback bought 104.28 yen in morning Toky...

  Meera seeks donations for hospital

Karachi: Film actress Meera appealed to Karachiites on Wednesday to support her in establishing a charity hospital in Punjab. Addressing a press conference at the Karachi Press Club, she said the Punjab governor had announced providing land for the h...

  Audit of nine regional passport offices ordered

Islamabad: Director General (DG) Immigration and Passports (I&P) Sikandar Sultan Raja Wednesday ordered the audit of nine regional offices of the country upon receiving information of financial irregularities there, the DG I&P office said. Following ...

  Low to zero gas pressure still haunting people in twin cities

Rawalpindi: The problem of low to zero gas pressure continues to haunt residents of several localities of Rawalpindi who are unable to cook meals and keep themselves warm by burning heaters and using geysers to warm water. The residents of Dhoke Kala...

  Asian shares mostly up after new Wall St record

HONG KONG: Asia´s markets mostly rose on Thursday following a record-breaking close on Wall Street as investors welcomed fresh positive US data and an upbeat Federal Reserve report on the economy. The dollar also resumed its uptrend against the yen, ...


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Feature / Analysis

  • Afghan Couple Find Idyllic Hide-Out in Mountains, but Not for Long

    HINDU KUSH RANGE, Afghanistan: They eloped from their village in the B...

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  • Guantánamo Bay detainees' release upon end of Afghanistan war 'unlikely'

    US officials indicate fate of inmates captured during the country's lo...

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  • Trailing candidates in Afghan election hold power in deciding next president

    KABUL: Some of the influential politicians who competed in Afghanistan...

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  • Lessons Obtained from Afghan Presidential Polls 2014

    Preface History- When, Nadir Khan, the father of Zahir Shah the last k...

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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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