Economy

  Can’t investigate MPs’ tax anomalies on its own: ECP

ISLAMABAD: Election Commission of Pakistan (ECP) Monday said that it could not investigate on its own the anomalies in the filing of tax returns by the members of parliament and added the complainant could approach the court, media reported. ECP spok...

  No exemption to politicians from filing tax returns: Rashid

ISLAMABAD: Federal Information Minister, Pervaiz Rashid Monday said that politicians have no exemption, they should also obtain the national tax number (NTN), media reported. Talking to media, Pervaiz Rashid said that all those liable to pay tax shou...

  NAB to former PM Gilani in NICL scam case

ISLAMABAD: The National Accountability Bureau (NAB) has announced that it will investigate former Prime Minister Yousuf Raza Gilani in the NICL scam case. The former prime minister will be probed over allegations that he tried to create hurdles in th...

  Zadari couldn't be indicted in Polo Ground case due to his absence

ISLAMABAD: The accountability court has adjourned the hearing of National Accountability Bureau’s (NAB) references against former president Asif Ali Zardari until January 9. Accountability court Judge Muhammad Bashir was hearing the case pertaining t...

  Oil prices mixed in Asian trade

SINGAPORE: Oil prices were mixed in Asian trade Monday as investors focused on upbeat US economic growth data, raising hopes of resurgent demand in the world´s top crude consumer. New York´s main contract, West Texas Intermediate for February deliver...

  Turkish PM Erdogan arrives in Lahore

LAHORE: Turkish Prime Minister Recip Tayyab Erdogan arrived here in the wee hours of Monday on a two-day visit to Pakistan. The Turkish Prime Minister is leading a delegation comprising ministers‚ businessmen and entrepreneurs to explore the investme...

  Apple reaches deal to bring iPhone to China Mobile

NEW YORK: Apple says it has reached a deal to bring the iPhone to China Mobile, the world's biggest phone carrier. The deal ends a lengthy courtship and could boost sales of the iPhone in China. The iPhone, once hugely popular in China, has been ecli...

  Imran says will present 9-point agenda to reduce price hike

LAHORE: Pakistan Tehreek-e-Insaf (PTI) chairman, Imran Khan has said that holding protest was democratic practice and also their right, media reported. Speaking to media while leaving his residence for public rally in Lahore here Sunday, Imran Khan s...

  Taiwan seizes 200 kgs of ketamine from China

TAIPEI: Taiwan police said Sunday they had seized about 200 kilograms (440 pounds) of ketamine worth millions of US dollars and smuggled from China, in the second such drugs bust this year. The haul was discovered in a shipment of shoes in three cont...

  Former tehsildar held for embezzlement

PESHAWAR: The National Accountability Bureau, Khyber Pakhtunkhwa, on Friday arrested former tehsildar of the Revenue Department, Fazal Hussain, on embezzlement charges. He was allegedly involved in misappropriation of mutation fee in various revenue ...

  Edrogan trying to protect his cronies, critics allege

ISTANBUL: The sons of the Turkish interior and economy ministers were charged and placed in custody early Saturday in connection with a graft probe that has tarnished Prime Minister Recep Tayyip Erdogan, television stations reported. The managing dir...

  Yunus Habib takes U-turn, says never paid Sharifs any money in Mehrangate

ISLAMABAD: Yunus Habib, the famous character of the Mehrangate scam, has taken a new turn by stating that he had never paid any money to Mian Nawaz Sharif or his younger brother Mian Shahbaz Sharif.Talking to the media here on Friday, the former Mehr...

  Scandal-hit Turkey PM presses police purge

ISTANBUL: Turkish prosecutors have begun charging some of Prime Minister Recep Tayyip Erdogan´s closest allies in a huge graft scandal he has responded to with a spectacular purge of the police. Erdogan has said he is battling "a state within a state...

  ICA allows India to construct Kishanganga Dam

HAGUE: International Court of Arbitration (ICA) has allowed India to build Kishanganga Dam in the occupied Kashmir, however, the neighnouring country has been ordered to provide half of the dam’s water to Pakistan. Pakistan has received the verdict o...

  Police find heroin stamped with 'Obamacare'

HATFIELD: Massachusetts state police say they've stopped a car carrying 1,250 packets of heroin stamped "Obamacare" and "Kurt Cobain" and arrested the four people inside it. Police say a trooper was making a traffic stop in Northampton when another c...

  Rupee further strengthens against dollar, ends at 105.75

KARACHI: The rupee ended higher at 105.75 against the dollar on Friday, media reported. The dollar, after a fall of 65 paisa ended at four-month low against rupee at 105.75 in the open market. Following the statement of Finance Minister Ishaq Dar abo...

  IMF hands over list of demands to Pakistan

WASHINGTON: The International Monetary Fund (IMF) has approved the second tranche of 550 million dollars to Pakistan under the 6.6 billion dollar loan programme but has also handed over a list of demands. The IMF has demanded from the Pakistan govern...

  Dollar higher in Asia after Fed taper decision

TOKYO: The dollar rose to a five-year high against the yen in Asian trade on Friday after the US Federal Reserve´s decision start decreasing its stimulus programme next month. The greenback peaked at 104.43 yen in early trade -- its highest sin...

  Oil prices slip

SINGAPORE: Oil prices eased on profit-taking in thin Asian trade Friday following gains in New York fuelled by upbeat sentiment over the US Federal Reserve´s decision to begin easing its massive stimulus programme. New York´s main contract, We...

  Egypt court acquits ex-PM, Mubarak sons of corruption

CAIRO: An Egyptian court has acquitted Ahmed Shafiq, a former prime minister and presidential candidate, and two sons of ousted dictator Hosni Mubarak, of corruption charges. Shafiq fled to the United Arab Emirates shortly after he narrowly los...


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Feature / Analysis

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Opinion

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