Economy

  Large number of judges have not filed tax returns

ISLAMABAD: The tax authorities are in a fix as they claim to have found a large number of judges belonging to the lower judiciary as non-filers of tax returns in violation of the law of the land but are hesitant to move against them fearing the unkno...

  Computer literacy must for ASI recruitment

PESHAWAR: A meeting of the ‘Police Policy Board’ on Wednesday decided to hand over the recruitment of policemen to the Education Testing and Evaluation Agency (ETEA)and make computer literacy essential for employment in the police as assistant sub-in...

  Grabbing of graveyard land protested

PESHAWAR: Members of the “Qabristan BachaoTehreek” or Save Graveyard Movement staged a protest against the grabbing of graveyard land in the provincial capital and demanded the implementation of the Peshawar High Court (PHC)’s verdict in this respect...

  Ex-IGP sent to jail on 14-day judicial remand

Weapons scam casePESHAWAR: An accountability court on Wednesday rejected the National Accountability Bureau (NAB) prosecutor’s plea for further remand of the former inspector general of police Malik Naveed Khan to NAB and sent him to the Central Pris...

  Rs1.4b plan prepared for two industrial estates

PESHAWAR: The Sarhad Development Authority (SDA) has prepared an elaborate Rs1.4 billion plan to improve existing infrastructure in Hayatabad and Hattar industrial estates along with expanding it accordingly. A press release said the PC-1 has been pr...

  Dollar rises in Asia on upbeat US data

TOKYO: The dollar rose against the yen in Asia Thursday following another batch of upbeat US data that has fuelled speculation the Federal Reserve will announce a further cut to its stimulus this month. The greenback bought 104.73 yen in Tokyo aftern...

  Oil prices mixed in Asian trade

SINGAPORE: Oil prices were mixed in Asian trading hours Thursday but analysts said sentiment will continue to be boosted by expectations of higher world economic growth. US benchmark West Texas Intermediate (WTI) for delivery in February was up two c...

  Economy grows at 3. 6pc, inflation falls to single digit in FY13: SBP

KARACHI: Pakistan's economy grew at 3.6 percent and inflation fell to single digit in FY13 says the State Bank's Annual Report on the state of economy for the year 2012-13 released today. It said soft global commodity prices downward revision in ener...

  Zubair leads 65 member delegation to India

ISLAMABAD: Federation of Pakistan Chambers of Commerce and Industry FPCCI, president Zubair Ahmed Malik on Wednesday left for India to participate in the meeting of south Asian business leaders. Zubair is leading a 65 member delegation comprising lea...

  'Provinces to get equitable share under Youth Business Loan Scheme'

SWAT: Prime Minister Nawaz Sharif Wednesday said all provinces would get equitable share under the PM’s Youth Business Loan Scheme. Addressing the applicants of loan hailing from Swat, Malakand and Dir, the Prime Minister said the loans would be disp...

  Apple fights for bigger slice of China smartphone pie

SHANGHAI: The world's biggest mobile network is ready to offer Apple's iPhone, but while the US technology giant has declared China its biggest future market, it faces an uphill battle to unseat Samsung and homegrown competitors. China Mobile has mor...

  Oil prices down in Asian trade

SINGAPORE: Oil prices slipped on profit-taking in Asian trade Wednesday following a recent rally, while the return of Libyan crude boosted supplies and dented demand. New York´s main contract, West Texas Intermediate (WTI) for February delivery, fell...

  Pakistan, India resume trade talks today

NEW DELHI: Commerce secretaries of Pakistan and India will meet on Wednesday in a bid to reopen the trade talks that had got stalled earlier, media reported. The meeting is likely to agree on fresh timelines for implementing the road map for removing...

  Dollar jumps in Asia on US sales report

TOKYO: The dollar rose in Asia Wednesday, extending gains it recorded in New York after a better-than-expected US retail sales report. In afternoon trade in Tokyo the dollar bought 104.42 yen, compared with 104.20 in New York and much stronger than t...

  Sindh CNG outlets reopen for 48 hours

KARACHI: CNG stations in Sindh including Karachi reopened after 24-hour closure on Tuesday at 8:00 AM, media reported. The CNG outlets remained closed from Monday 8:00AM to Tuesday 8:00AM. According to Sui Southern Gas Company (SSGC), the CNG Associa...

  Pakistan, India resume trade talks

ISLAMABAD: Pakistan and India will resume secretary-level trade talks in New Delhi on Wednesday. The meeting is likely to agree on fresh timelines for implementing the road map for removing bottlenecks in trade liberalization. Meanwhile, Minister of ...

  Plan to up power exports to Pakistan not on cards: Iran minister

TEHRAN: Iran’s energy minister says Tehran has no plans to increase electricity exports to neighboring Pakistan. The construction of the power plant in Zahedan, the capital city of the southeastern province of Sistan-and-Baluchestan, near the Pakista...

  100mw Quaid-e-Azam Solar Park to be role model in energy sector: CM

LAHORE: CHIEF Minister Shahbaz Sharif has said that the Punjab government is setting up a solar power plant of 100 megawatt in Quaid-e-Azam Solar Park with its own resources and the project will be implemented expeditiously. He said work on the provi...

  NAB deputy director told to file reference on 17th

Karachi: The National Accountability Bureau (NAB) Court-I has fixed January 17 as the final date for the submission of a proper reference that justified the hearing of the Nationwala fraud case. The owners of the Nationwala Financial Services Company...

  Petition filed in IHC for equal gas supply to all residents

Islamabad: An Islamabad resident, Saad Ahmed Rajput, has filed a petition before the Islamabad High Court (IHC) seeking equal distribution of natural gas for domestic use, as the gas loadshedding has disturbed the twin cities residents to a greater e...


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Feature / Analysis

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