Economy

  Tax target of Rs2.81 trn difficult but achievable: post-budget moot

KARACHI: The CPE Committee of the Karachi Tax Bar Association organized a post budget seminar to discuss & deliberate on the possible consequences of the Federal Budget 2014-15. According to a statement issued here today, experts agreed that revenue ...

  Steel prices likely to go up by Rs6,000 per matric tonne: experts

KARACHI: Steep prices are likely to go up by as much as Rs6,000 per matric tonne as a result of imposition of fresh levies on the commodity in the recently announced budget for FY 2014-15. According to construction experts, the cost of production of ...

  Upset over uplift projects, Imran Khan wants to incite conflict: Ahsan Iqbal

LAHORE: Federal Minister for Development and Planning, Ahsan Iqbal Sunday said the decision for the country’s future are not made in public rallies and that PTI Chairman Imran Khan, being irritated over uplift projects of the incumbent government, wa...

  Guddu power plant fire brought under control

QUETTA: The fire which broke out at the Guddu power plant has been brought under control after four hours. Officials said electricity supply to affected areas in Sindh and Balochistan would be restored in 3-4 hours. Electricity supply was suspended t...

  Euro dips in Asia after ECB easing measures

TOKYO: The euro dipped a touch in Asia on Friday after the European Central Bank (ECB) launched unprecedented easing measures to bolster fragile eurozone growth and prevent deflation. The single currency fetched $1.3657 in Tokyo midday trade, compare...

  Crude prices mixed in Asia

SINGAPORE: Oil prices were mixed in Asian trade Friday after the European Central Bank (ECB) announced an unprecedented cut in interest rates, while tensions between Ukraine and Russia look to be easing. US benchmark, West Texas Intermediate (WTI) fo...

  Scotland Yard officers brief Altaf’s lawyers

LONDON: Scotland Yard officers have briefed Muttahida Qaumi Movement (MQM) chief Altaf Hussain's lawyers on the nature of interview questions with regard to the mony-laundering investigation, our correspondent said Friday. Altaf Hussain will shortly ...

  China´s richest man buys star Madrid skyscraper

MADRID: China´s richest man Wang Jianlin has bought a historic Madrid skyscraper which has stood empty for years from Spain´s biggest bank Santander for 265 million euros ($360 million), the bank said Thursday. The 25-story tower of offices and apart...

  Asia shares edged lower ahead of US jobs figures

HONG KONG: Asian shares dipped Thursday as investors brushed off another record close on Wall Street ahead of the release of closely watched US jobs data. The euro also faced further selling pressure owing to expectations the European Central Bank wi...

  Oil prices dip on hopes of Ukraine crisis easing

SINGAPORE: Oil prices dipped in Asia Thursday after Russian President Vladimir Putin held out a hand to crisis-hit Ukraine, raising hopes of an easing in the worst East-West standoff since the Cold War. US benchmark, West Texas Intermediate for deliv...

  Nawaz asks opponents to let govt do its job

ISLAMABAD: Prime Minister Nawaz Sharif on Wednesday said that those who were not willing to work should let him do his job. Taking a dig at Imran Khan’s PTI he said “ how will you run a country when your are not able to run a province”. Addressing a ...

  Halting dollar transaction with Afghan banks baseless: Chinese Embassy

KABUL: Chinese embassy in Afghanistan has termed the media reports on halting dollar transaction between the banks of its country and Afghan commercial banks as baseless. "The media report which claimed that the Chinese banks have halted dollar trans...

  Search at Altaf's London home concludes

LONDON: Police have concluded their search at the North London home of MQM chief Altaf Hussain. Sources confirmed that the specialist operations unite left at midnight. The MQM chief’s residence was raided by around 40 specialist unit detectives at d...

  Oil prices rise in Asia

SINGAPORE: Oil prices edged higher in Asia Wednesday as investors await the latest US supply report for clues about demand in the world´s biggest crude consumer. The US benchmark, West Texas Intermediate (WTI) for delivery in July, gained eight cents...

  ARY, Ursus Tractors cases: Acquittal plea decision deferred till June 24

ISLAMABAD: The decision on the plea for Asif Ali Zardari’s acquittal in ARY and Ursus Tractors references has been deferred until June 24, as the accountability court judge was on leave today (Wednesday), media reported. Meanwhile, Asif Ali Zardari h...

  Budget 2014-15 presented in NA

ISLAMABAD: Finance Minister Ishaq Dar is presenting the budget for the fiscal year 2014-15 with a total outlay of Rs3.945 trillion in the National Assembly. Earlier, the budget was approved by the federal cabinet during a meeting chaired by Prime Min...

  Pakistan workers fire ´Brazuca´ ball to Brazil

SIALKOT: She has no idea who Lionel Messi is and her home country isn't even playing, but Pakistani mother-of-five Gulshan Bibi can't wait for the World Cup -- because she helped make the balls. When Brazil and Croatia kick off the tournament in Sao ...

  Federal cabinet approves budget 2014-15

ISLAMABAD: The Federal Cabinet has approved budget for the fiscal year 2014-15, media reported. The cabinet meeting was presided over by Prime Minister Nawaz Sharif during which Finance Minister Ishaq Dar briefed the participants about the budget. Th...

  MQM dismisses reports of Altaf Hussain’s arrest

LONDON: Muttahida Qaumi Movement (MQM) Rabitta Committee member in London Nadeem Nusrat has dismissed reports of party chief Altaf Hussain’s arrest, media reported. In a brief press conference here Tuesday, Nadeem Nusrat said Altaf Hussain was at his...

  London police arrest MQM chief Altaf Hussain

LONDON: London police have arrested Mutahidda Qaumi Movement (MQM) chief Altaf Hussain on charges of money laundering on Tuesday. According media, Scotland Yard has confirmed that the MQM chief has been arrested in connection with the money launderin...


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Feature / Analysis

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  • QUANTUM THEORY PROVES THAT CONSCIOUSNESS MOVES TO ANOTHER UNIVERSE AFTER DEATH

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  • Thousand boys disappear from school system

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Opinion

  • Secret call between Netanyahu, al-Sissi led to Abortive Cease-fire

    Haaretz has learned that the PM spoke to the Egyptian president in a p...

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  • How US and Blair Plotted 'Ceasefire' Scam

    We now have confirmation from the Israeli daily Haaretz of what we sho...

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  • Dodging a Coup in Kabul, For Now

    “If they keep their commitments,” President Barack Obama said on Wedne...

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  • Democracy is about more than elections for Afghanistan

    With John Kerry’s announcement that the two men vying to be the next A...

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