Economy

  Interior minister orders to cancel 2,000 passports

ISLAMABAD: Interior Minister Chauhdry Nisar Ali Khan has directed authorities concerned to take action against unscrupulous elements in the Islamabad Police, the Federal Investigation Agency (FIA) and the Revenue Department.   The minister, who ...

  Obama calls on Congress to stop 'farce,' end shutdown

WASHINGTON: President Barack Obama on Saturday called on the lower chamber of Congress to "stop this farce" and end the US government shutdown by unconditionally approving a federal budget.   "Take that vote. Stop this farce. End this shutdown no...

  Italy aims to resume search for bodies in shipwreck tragedy

LAMPEDUSA: Italian emergency services hoped to resume the search for bodies Saturday despite rough seas after the worst ever Mediterranean refugee tragedy, in which 111 African asylum-seekers are confirmed dead and around 200 more are still missin...

  Karachi Stock Exchange ends business week on a red note

KARACHI: The trade at Karachi Stock Exchange (KSE) remained muffled on the rollover day as only 105 million shares exchanged hands with the benchmark 100-Index losing 0.30 percent or 66.39 points to close at 22,085.96.   According to traders mos...

  No new tax imposed on gas, electrical appliances, tiles, tyres: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) here on Friday clarified that the government had not imposed any new tax on household gas and electrical appliances, tiles, tyres etc.   In a statement issued here it said that these goods were charge...

  Mamnoon urges NAB to ensure impartial accountability

Islamabad: President Mamnoon Hussain has urged the National Accountability Bureau (NAB) to ensure impartial and transparent accountability to guide the country out of the menace of corruption.   Addressing the certificate distribution ceremony of...

  Electricity tariff hike notification withdrawn

ISLAMABAD: During proceedings of the load shedding suo moto case, Attorney General Munir A Malik informed the Supreme Court that the government had withdrawn the power tariff hike notification.   Malik informed the apex court that the government ...

  Dollar hit in Asia by US debt fears

TOKYO: The dollar fell in Asia on Friday as investors ran for the euro and yen on growing fears the US government shutdown could lead to a catastrophic debt default.   The greenback bought 97.22 yen in Tokyo midday trade, from 97.27 yen in New Y...

  Oil prices slip further on US budget stand-off

SINGAPORE: Oil prices retreated in Asian trade Friday as traders grow increasingly concerned at the lack of a breakthrough in the US budget stand-off that has closed parts of the government down.   New York's main contract, West Texas Intermediat...

  US default could be 'catastrophic': Treasury

WASHINGTON: The US Treasury warned Thursday of a disastrous outcome if Congress's refusal to raise the country's borrowing ceiling forces it to default on obligations.   It said that the fallout could include returning to a recession as deep as ...

  Hike in power tariff: Government submits reply to SC

ISLAMABAD: The federal government has submitted its reply to the Supreme Court in the suo moto case pertaining to the increase in power tariff.   Joint Secretary of Power Zargham Ishaq submitted the reply which included the report dispatched by ...

  PIA, PSM among 31 organizations to be privatized

ISLAMABAD: The Cabinet committee for Privatization has decided to privatize 31 state-run organizations including Pakistan International Airlines (PIA) and Pakistan Steel Mills (PSM) by floating their 26 percent shares, media reported Thursday.   ...

  Pakistani equities end the day on a flat note

KARACHI: Karachi Stock Exchange (KSE) incurred marginal losses on Thursday to end lower at 22,152.35 points.   The benchmark KSE 100-Index lost 0.17 percent or 37.32 points.   Pakistan's premier bourse closed lower after witnessing a lackluster ...

  Global food prices decline thanks to good grain harvest: FAO

UNITED NATIONS: Global food prices fell for a fifth month running in September, the UN said on Thursday, as bumper cereals production is helping rebuild world food stocks.   The UN's Food and Agriculture Organisation (FAO) food price index -- a ...

  Power tariff hike is a bitter pill we need to swallow: minister

ISLAMABAD: Information Minister Pervez Rasheed has said the recent hike in power tariff was a bitter pill which people would have to swallow to cure the ailing economy.   Speaking at a press conference on Thursday, he said that the country was i...

  India: Lalu Prasad jailed for five years on graft

NEW DELHI: An Indian court sentenced a powerful ally of the ruling Congress party to five years in jail on Thursday for siphoning off state funds, underlining that a wave of public disgust with rampant corruption is finally catching up with the na...

  Hong Kong seizes elephant tusks worth $1 million

HONG KONG: Elephant tusks worth more than $1 million were seized by Hong Kong customs after being discovered hidden under bags of soya in shipments from West Africa, officials said Thursday. In what officials called an "intelligence-based" oper...

  Ishaq Dar calls on PM Nawaz

ISLAMABAD: Ishaq Dar, Minister for Finance called on Prime Minister Muhammad Nawaz Sharif at PM’s House on Thursday and briefed him on the electricity tariff rationalization.   The Prime Minister stressed that low income groups must be protected ...

  Petrol station owners strike continues in Quetta

QUETTA: The strike of petrol station owners continued in the city for the fourth consecutive day. The strike call which was given by the Balochistan Petroleum Association has led to immense difficulties for the city’s residents.   There is a rus...

  KESC cannot exceed 650 MW: Abid Sher Ali

ISLAMABAD: Minister of State for Water and Power, Abid Sher Ali has warned the Karachi Electric Supply Company (KESC) that it cannot use more than 650 MW from the national grid.   Speaking to the media after receiving a briefing at the National P...


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Feature / Analysis

  • Conflict, Violence Harsh on Afghan, Pakistani Women

    ISLAMABAD: Prolonged conflicts in Pakistan and Afghanistan have had a ...

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  • Feature: Afghan women still suffer from discrimination and poverty

    MAZAR-E-SHARIF, Afghanistan: Although women's rights have seen conside...

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  • Afghanistan: Building a Vision Of Hope and Change

    Afghanistan is creating a positive future for itself. Sixty per cent o...

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  • Analysts See Promising Trends From Afghan Election

    WASHINGTON: While uncertainty remains over the outcome of the Afghan e...

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Opinion

  • Detention of Taliban commander by UAE disrupts Afghan peace talks

    KABUL: A former Taliban commander involved in peace negotiations with ...

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  • In Afghanistan, childhood is often a full-time job

    It's estimated that at least a quarter of Afghan children work, despit...

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  • America’s Last Task in Kabul

    WASHINGTON: Until now, fighting the Afghan war has been an American pr...

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  • ‘The Wrong Enemy: America in Afghanistan, 2001-2014’ by Carlotta Gall

    In 2012, I rode in a white Toyota Corolla past upscale villas and cafe...

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