Stunning Lyon, Starc catches floor England
Two freakish Australian catches rocked England´s diminishing hopes of saving the second Ashes Test on a fast-moving third day...
‘Kwaussie’ named Australian word of the year
Inspired by a dual citizenship crisis plaguing politics in Australia, the term “Kwaussie” — a mix of Kiwi and...
Pakistan has potential for strong economic growth: study
Pakistan has the potential for achieving strong economic growth till 2030, says a study, provided it successfully overcomes five major...
Bulls rampaging at KSE

Bulls rampaging at KSE

Business November 5, 2014 0

The Karachi Stock Exchange 100-index closed at a record high today, with analysts crediting falling inflation and commodity prices as well as an easing of political tensions.  The benchmark Karachi Stock Exchange index of 100 shares closed at 30,593 points, up 217 points or 0.71 percent.  The previous peak... Read more
Another Pakistani decapitated in Saudia Arabia for alleged drug smuggling
Saudi Arabia beheaded a Pakistani earlier today for trafficking heroin hidden in his stomach into the kingdom, the interior ministry said, the latest in dozens of executions this year. Mohammed Sadiq Hanif was arrested during his attempt to smuggle “a large amount” of heroin, the ministry said in a... Read more
“The Scatter Here Is Too Great”: A book review by Hina Fatima
“Reasons were invented and stories were invented, and stories were reasons that allowed us to connect ourselves to the world, to compose ourselves in ways that others could read. Fragments were true; but we needed stories greater than fragments. We needed stories in order to imagine the mad world... Read more
“No Mercy to killers of Christian couple”: PM Nawaz Sharif
Prime Minister Nawaz Sharif strongly condemned earlier today the brutal murder of a Christian couple in Kot Radha Kishan and termed it “an unacceptable crime”. “A responsible state cannot tolerate mob rule and public lynching with impunity,” Prime Minister Nawaz stated. “I have directed Punjab Chief Minister to show... Read more
PTI to be consulted on CEC’s appointment: Syed Khursheed Shah
Leader of the Opposition in National Assembly Syed Khursheed Shah said that he would consult Pakistan Tehreek-e-Insaf (PTI) on the appointment of Chief Election Commissioner. In a press statement earlier today, Shah said that Prime Minister Nawaz Sharif was yet to contact the opposition about the CEC’s appointment. “Government... Read more
Christian Bale ‘bails’ out of Steve Jobs biopic
British Dark Knight star Christian Bale has pulled out of a planned biopic of late Apple founder Steve Jobs, according to media industry reports. Bale, the second actor to decline the role after Leonardo DiCaprio, discussed the part withSlumdog Millionaire director Danny Boyle, but no deal was reached, according... Read more
Pakistan slaps 20% import duty on wheat
Pakistan has imposed a 20 per cent import duty on wheat to prop up domestic producers, the finance ministry said on Wednesday. “The 20 percent regulatory duty has been imposed to promote local crops. The duty applies to wheat imports from all countries for the current crop season,” said... Read more
NEPRA increases power tariff by 52 paisa per unit
The National Electric Power Regulatory Authority (NEPRA), today,increased power tariff by 52 paisa per unit on account of fuel charges adjustments. According to the statement issued, revised prices would be applicable to the bills of this month whereas consumers of lifeline (who use 50 units a month) and Karachi... Read more
Mobilink & China Mobile celebrate one million 3G, 4G users each
Mobile phone operators — Mobilink and CMPak (China Mobile) — claimed crossing one million subscribers for each of 3rd Generation (3G) and Fourth Generation (4G) users. A subsidiary of China Mobile Communications Corporation (CMCC), Zong celebrated a milestone of one million 3G and 4G customers it achieved last month.... Read more
PM Sharif, Gen. Raheel discuss security situation
Prime Minister Nawaz Sharif and Chief of Army Staff Gen Raheel Sharif earlier today held an important meeting to discuss the overall security situation and ongoing military operation against militants in tribal areas. PM Sharif praised the sacrifices of the Pakistani Army in its fight against terrorism. The prime... Read more
Key ECP posts lying vacant
After the position of Chief Election Commissioner (CEC), the office of Secretary of Election Commission of Pakistan (ECP) is lying vacant as not a single name has been suggested for this key position as yet. Ishtiak Ahmed Khan has completed his tenure as Secretary ECP. However, no names have been recommended... Read more
Maryam Nawaz appointment: Court summons government reply
Lahore High Court (LHC) earlier today sought a written reply from the federal government over its appointment of Maryam Nawaz as chairperson of the Youth Loan Scheme. Petitioner Zubair Niazi in his plea before the court of Justice Syed Mansoor Ali Shah of LHC argued that the formal terms... Read more
Taliban threaten to attack India following Wagah border attack
A new Pakistani Taliban group behind this week’s devastating suicide bombing on the Pakistani-Indian border said on Wednesday the attack was as much aimed at India as Pakistan, suggesting that Indian targets might be next. At least 59 Pakistanis were killed during a popular flag-lowering ceremony on Sunday when... Read more
Drought in Tharparkar: Yet another baby dies of malnutrition in Mithi
The five-week death toll from drought in Tharparkar reached 37 after a two-year-old died of malnutrition at the Civil Hospital in Mithi earlier today. The unrelenting drought spell, compounded by poor nutrition and lack of health facilities and awareness, continues to take its toll on the children of the district.... Read more