Iran’s Mahan Air to launch Tehran-Lahore flights from Dec 18
Iran’s Mahan Air has announced two weekly flights between Tehran and Lahore from December 18. According to Iranian state...
Modric latest La Liga player to be accused of tax fraud
Real Madrid midfielder Luka Modric has been accused by Spanish prosecutors of tax fraud of up to 870,728 euros...
North Korea tests most advanced missile yet; US mainland in range
North Korea test fired its most advanced intercontinental ballistic yet on Wednesday, putting the US mainland within range and...
Afghanistan closes border with Pakistan
KHYBER AGENCY: Afghan officials have closed the border with Pakistan in Khyber tribal region. The closure of border has caused long queues of vehicles on Pak-Afghan border crossing impeding the cross border movement of the people and goods. According to sources, Afghan officials have objected over construction of a... Read more
Big rallies won’t bring any change, says Aitzaz
LAHORE: Senator Aitzaz Ahsan has said that the big rallies would not bring any change in the country.Talking to media in Lahore High Court (LHC) during Punjab Bar Council elections, Aitzaz Ahsan said that Imran Khan holding large rallies. He has held a big rally in Larkana too but... Read more
Road accident wounds 22 in Khairpur
KHAIRPUR: At least 22 persons were injured in road accident at Terhi Bypass in Khairpur on Saturday. The accident took place when a passenger bus, carrying a wedding party, overturned due to which 22 people were injured. The bus was heading towards Moro from Jhat Pat area. The wounded... Read more
Agri credit rises up to 40pc in July-Oct
Banks disbursed Rs128.1 billion in the four months to October, which is 25.6 per cent of the annual target of Rs500bn and 40.4pc higher than Rs91.2bn disbursed during the year-ago period. The outstanding portfolio of agri loans increased by Rs32bn, from Rs267.4bn to Rs299.4bn at end October 2014 compared... Read more
CDC reassures KASB Securities Ltd. investors
The Central Depository Company of Pakistan (CDC), the final custodian of stockholders’ funds, yesterday released a statement acknowledging: “The CDC call centre received 600 calls per day on an average regarding KASB Securities Limited (KSL) this working week.” The CDC reassured investors that it was taking additional measures to... Read more
MoU for better cotton signed b/w APTMA & BCI
The All Pakistan Textile Mills Association (Aptma) and Better Cotton Initiative (BCI) on Friday signed a Memorandum of Understanding (MoU) to implement activities to mainstream sustainability in cotton production in Pakistan. Aptma will be the Programme Promoting Agency within Pakistan to promote the initiative in line with the BCI’s... Read more
Gas tariff hike slammed by Textile industry
Textile industry leaders have strongly opposed the ECC decision of allowing up to 30 per cent increase in gas tariff from January 1, 2015 on the pretext of protecting the viability of gas utilities saying the move is punitive and unjustified for consumers. All Pakistan Textile Mills Association (Aptma)... Read more
Bulls return: KSE gains 256 points as panic selling subsides
Shares rebounded today with the KSE 100- index recouping some of the huge losses as panic subsided over the impact of the suspended brokerage house KASB Securities on the market. The index gained 255.80 points or 0.82 per cent to close at 31494.84 points. Shares across the board rallied,... Read more
Yet another child dies in Sargodha district hospital
The number of children’s deaths in Sargodha district headquarters hospital has reached to 18 in three days with yet another death in the hospital earlier today Chief Minister of Punjab Shahbaz Sharif had on Wednesday summoned report from the provincial health department after eight children died in Sargodha hospital.... Read more
General Raheel Sharif visits US Army training centre in California
Chief of Army Staff General Raheel Sharif toured Fort Irwin National Training Centre in California where he met soldiers of the US army. General Sharif on his visit, lauded the facilities provided to the soldiers and the training system of the U.S. Army. The Army chief was also briefed... Read more
Altaf condemns attack on MQM membership campaign
At least 21 people including three Sindh Assembly members Mohammad Hussain, Abdullah Shaikh and Saifuddin Khalid were injured in a cracker attack at MQM’s membership campaign in Orangi Town area of Karachi. Altaf Hussain, in his statement, said that outlawed organizations have killed three MQM parliamentarians named Syed Raza... Read more
Police kill Baba Ladla’s men in Karachi
KARACHI: Two gangsters from notorious Baba Ladla group were killed allegedly in a police encounter in Karachi’s Lyari town. According to details, Police and rangers jointly raided a place in Lyari’s Ghulam Shah Lane where the terrorists opened fire on the security forces personnel. After a brief shootout, two... Read more
Explosion at London hotel housing Zardari
A suspected gas explosion resulting in fire eruption at London’s Churchill hotel injured almost twelve people. The hotel located in central London also housed Pakistan’s former president Asif Ali Zardari.  Sources claim that the Pakistani leader has been evacuated and shifted to another hotel. Atleast twelve people were injured... Read more
Pilot killed as PAF Mirage crashes
A pilot with the Pakistan Air Force was killed when his plane crashed in the southern city of Karachi, officials said late Friday. “Squadron leader Tanveer Ahmed embraced martyrdom when a Miraj aircraft crashed near Gadap Town around 30 nautical miles from Karachi (around 55 kilometres north of Karachi),”... Read more