Drone strike killed three in Kurram Agency
At least three people were killed in a drone strike at a hideout of Taliban commander in Kurram Agency ...
US Embassy to lead Pakistani delegation on power generation
Economic Counselor of US Embassy William Laitinen will be leading a delegation of Pakistani government and business officials to...
Pakistan auctions Sukuk, Euro Bonds worth $2.5 bn
Pakistan has successfully executed US $ 1.0 billion five years Sukuk and US $ 1.5 billion ten years Eurobond...
NEPRA cuts power tariff by Rs0.47
Prime Minister Nawaz Sharif  on Monday welcomed the National Electric Power Regulatory Authority’s (Nepra) decision to cut down the electricity tariff by Rs0.47 based on details submitted by the Ministry of Water and Power in lieu of the Monthly Fuel Price Adjustment for the month of October 2014. The... Read more
PM not to address nation today
Press secretary to the prime minister contradicted media reports today  saying Prime Minister Nawaz Sharif would address the nation today (Monday). The PM’s press secretary denied the reports without divulging any further details. Private media channels reported that PM Nawaz was to address Pakistan Tehreek-e-Insaf chairman Imran Khan’s rigging... Read more
Madiha Raza’s collection steals show
Fashion Pakistan Council’s showcase for new talent was a low-key yet beautifully professional event. Held at the Indus Valley School of Art & Architecture, Maybelline New York Millennial Fashion 2014 was a resounding success. A select crowd of established designers, fashion, media and trade representatives watched shows by five... Read more
World powers, Iran to make concerted effort for nuclear deal: Britain
World powers and Iran will make a “last push” for a nuclear deal before a Monday midnight deadline even though the parties are far apart, British Foreign Secretary Philip Hammond said. “At the moment we´re focused on the last push, a big push tomorrow morning to try and get... Read more
Suicide attack at Afghan volleyball match: 50 dead
Around 50 people were killed and 60 others wounded when a suicide blast ripped through crowds gathered to watch a volleyball game in eastern Afghanistan yesterday. “The suicide attacker was on a motorcycle. He detonated himself in the middle of a volleyball match,” Attaullah Fazli, deputy governor of Paktika... Read more
Maheen’s Cinderella
When you watch Disney’s upcoming Cinderella, you may note the intricately embroidered coats donned by the male leads. That’s Maheen Khan’s handiwork; the designer we know best for the insouciant high-street brand ‘Gulabo’ and elegant luxury prêt line ‘House of Maheen’ will be outfitting Hollywood stars once again. It... Read more
“From Karachi with Love”
This year’s FPW Fall/Winter will feature Maheen’s new label ‘To Karachi with love.’ Elaborating on her new label, she says “It is a celebration of everything we love about the city of lights. The 60s and 70s with the trendy cafes, shops, cinemas to the nightclubs and discotheques, where... Read more
Ali Zafar announces scholarships for 50 underprivileged students
The heartthrob who played the lead role alongside Ranvir Singh, Govinda and Parineeti Chopra, hosted a special screening of Shaad Ali’s Kill Dil, where he invited 50 students from Sanjan Nagar, a school for destitute children. The school has been awarded the International Baccalaureate Primary Years Program (IBPYP) status... Read more
Decline in FFBL profits

Decline in FFBL profits

Business November 24, 2014 0

Depressed primary margins on di-ammonium phosphate because of higher phosacid prices and incomplete gas infrastructure development cess on urea to customers led to an overall decline in Fauji Fertiliser Bin Qasim’s third quarter earnings. For the first nine months of the year (9MCY14), FFBL’s profitability dropped by 46pc to... Read more
Rationale of sugar exports
Strong carryover-stocks plus estimates of surplus production this year have led the government to allow limited export of sugar. But sugar millers want still more: subsidy on exports or lowering of cane support price, or enhancement of export limits. Government officials say the demand for subsidy cannot be met... Read more
Super Asia: A profile

Super Asia: A profile

Business November 24, 2014 0

When Mian Mohammad Din from Gujranwala made Pakistan’s first local washing machine almost 40 years ago, he didn’t have the slightest idea that his product would rapidly change his family’s fortune. It did. Din’s used to manufacture kitchenware — metal glasses, etc — before he came up with his... Read more
Prime Minister Nawaz Sharif to address nation today
Prime Minister Nawaz Sharif will address the nation today (Monday) regarding the country’s ongoing political situation, the PM office said. Sources say the premier will address the allegations leveled by Pakistan Tehreek-i-Insaf (PTI) Chairman Imran Khan, and will also appraise the nation regarding the government’s plans for the country’s... Read more
Pakistan’s increasing water deficit
The Pakistan Council of Research in Water Resources says the country, once having surplus water, now has a water deficit. The main reasons for the declining water availability are rapid population growth, the fast expanding number of industries and businesses and depleting water storage facilities. Of the total 147m... Read more
Qadri says suffering from heart ailment
Dr Tahirul Qadri, top leader of Pakistan Awami Tehreek (PAT), said Monday that he has developed heart complications and doctors have advised him complete rest. Talking to media, he said he was ‘very ill’ and can’t even walk as he is suffering from heart ailment. He said doctors have... Read more