Heinous crime: Strangulated body of missing child found
GUJRANAWALA: Body of an eight-year-old boy was recovered from a vacant plot near Nowshera Road on Wednesday. The child, who had gone missing the other day, was strangaled to death, police said. Punjab...
View ArticleKhyber-One operation: Jets pound militant targets in Tirah, 35 dead
TIRAH: At least 35 suspected militants were killed and several others injured when security forces carried out airstrikes against militant sanctuaries in the inaccessible and snow-capped Tirah Valley...
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Closing the doors: Govt seals office before OGRA chairman’s return
ISLAMABAD: In defiance of the court’s orders, the government on Wednesday sealed the office of Oil and Gas Regulatory Authority (Ogra) chairman to stop him from resuming work. Saeed Khan, Ogra...
View ArticleIn a first: PPL throne passed on to outsider
KARACHI: Syed Wamiq Bokhari, who has spent three decades with multinational oil and gas producers, has officially taken charge as Pakistan Petroleum Limited’s (PPL) chief executive officer (CEO),...
View ArticleDeceptive marketing: CCP smudges Jotun Pakistan’s palette
ISLAMABAD: The Competition Commission of Pakistan (CCP) has said that Jotun Pakistan Private Limited was not a top paint-manufacturing company, as the anti-trust watchdog imposed a penalty of Rs1...
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Corporate results: Pak Suzuki registers profit of Rs1.93 billion
KARACHI: Pak Suzuki – the country’s largest carmaker – has posted a net profit of Rs1.93 billion in calendar year 2014 (CY14), up 4% compared to Rs1.85 billion CY13. Earnings per share (EPS) jumped to...
View ArticleNuclear power plants: ‘Production to be raised to 40,000MW by 2050’
KARACHI: The overall production of nuclear power plants will be raised to 40,000MW by 2050 by setting up numerous nuclear power plants across the country, said Pakistan Atomic Energy Commission (PAEC)...
View ArticleBodies of five babies recovered from France house
PARIS: Police on Thursday discovered the bodies of five babies in a house in southwestern France, a source close to the case said, in what appears to be the country’s worst incident of infanticide in...
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Looking to improve female workforce numbers
KARACHI: Women comprise just 22% of Pakistan’s workforce and the US-Pakistan Women’s Council, along with stakeholders, is making efforts to increase their economic participation through programmes of...
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Financial moves: HBL looking to acquire First Microfinance Bank
KARACHI: Habib Bank (HBL) is expected to enter the microfinance banking segment by acquiring Pakistan’s second largest microfinance bank in terms of the value of savings, according to a regulatory...
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8MFY15: Current account deficit reads at $1.6 billion
KARACHI: Pakistan’s current account deficit in the first eight months of 2014-15 remained $1.6 billion, according to data released by the State Bank of Pakistan (SBP) on Thursday. The current account...
View ArticlePower tariff goes up for Karachi consumers
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday cleared the way for an increase of Rs0.81 per unit in the power tariff for K-Electric consumers in the wake of...
View ArticleMonetary policy: LCCI chief wants a cut of 200 basis points
LAHORE: State Bank of Pakistan (SBP) should bring down discount rate in the upcoming monetary policy and pave way for the much-needed new investment in the industrial sector, said Lahore Chamber of...
View ArticleNew seed law might create foreign monopoly
HYDERABAD: The National Assembly’s (NA) enactment of the Pakistan Amended Seed Act, 2014, has rattled the farmers’ community, who fear being flooded by foreign Genetically Modified (GM) seeds. The NA...
View ArticleIllegal immigrants smuggled out of UK and then back to avoid deportation
LONDON: One would imagine that illegal immigrants would be doing everything they can to get into the United Kingdom. But as authorities crack down on them, some are paying traffickers to smuggle them...
View ArticleLas Vegas to get its first Muslim cemetery
LAS VEGAS: After an appeal by residents in Las Vegas was dismissed by the Clark County Planning Commission on Wednesday, the area may get its first Muslim cemetary. Earlier, the plan for the cemetery...
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Cross-LoC trade: Plea to crack illegal dry coconut barter
KARACHI: Karachi Chamber of Commerce and Industry (KCCI) President Iftikhar Ahmed Vohra has requested Finance Minister Ishaq Dar to stop the illegal barter of dry coconut on the Line of Control (LoC)...
View ArticleLNG consumption: Fertiliser plants exempted from gas infrastructure cess
ISLAMABAD: The government has exempted fertiliser manufacturers from payment of gas infrastructure development cess on liquefied natural gas (LNG) consumption and has cut general sales tax on LNG...
View ArticleWind power: NTDCL signs agreements
LAHORE: National Transmission and Despatch Company Limited (NTDCL) has signed Direct Agreement to the Energy Purchase Agreements with three wind power producers and their lenders having total capacity...
View ArticleImproving quality: Production of clean cotton stressed
MULTAN: Pakistan cannot remain oblivious to the demand of quality-conscious international market and must make strides to promote production of clean cotton, said Cotton Commissioner Dr Khalid...
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