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...
Corps Commanders discusses security situation of country
Corps Commanders’ Conference was held at General Headquarters today. Chief of Army Staff General Raheel Sharif presided over the meeting. Apart from discussing matters of professional interest, the participants undertook a comprehensive review of internal and external security situation of the country. The forum was also briefed on the... Read more
Pakistan bat in second New Zealand one-dayer
Pakistan captain Misbah-ul Haq won the toss and decided to bat in the second day-night international against New Zealand in Sharjah on Friday. Pakistan, who won the first match by three wickets in Dubai for a 1-0 lead in the five-match series, brought in left-arm seamier Sohail Tanvir for... Read more
Altaf approves nine members of MQM Rabita Committee
MQM Chief Altaf Hussain has approved nine names as members of the party’s Rabita Committee, on Friday. A joint meeting of Muttahida Qaumi Movement (MQM) Pakistan and London was held to elect the members of the MQM Rabita Committee. The meeting was jointly chaired by the in-charge of the party’s Pakistan Rabita Committee... Read more
PTI chief Imran Khan thanks Karachiites for their support
Pakistan Tehreek-e-Insaf (PTI) chief on Friday stated that his party will soon hold a press conference to reveal how Rana Sanaullah’s supporters were involved in Faisalabad massacre. Talking to media at Karachi Airport, the PTI chief thanked the business community and transporters, traders and laborers of Karachi for `voluntarily... Read more
Powerful storm batters California
About 150,000 people were left struggling for power yesterday as the strongest storm to lash the US West Coast in several years blew in snow, heavy rain and ferocious winds. Winds gusting up to 230 kilometers (140 miles) per hour and the biggest snowfalls for six years were reported,... Read more
Spying saga: S. Korea acquits family convicted of spying 35 years ago
SEOUL: A South Korean court today overturned a 35-year old conviction of spying for North Korea against a family of eight, two of whom were executed in the early 1980s. The district court in the eastern city of Chuncheon ruled that the eight had been illegally detained and then... Read more
‘Dukhtar’ features in this year’s Dubai Film Festival
After an emphatic win at the South Asian Film Festival last month, Afia Nathaniel’s thriller Dukhtar is being screened at the 11th edition of Dubai Film Festival (DIFF) held at Madinat Arena from December 10 to December 17. Dukhtar was screened yesterday (December 11) at Mall of the Emirates... Read more
Finding nirvana in Lahore
Nirvana Day Spa & Salon opens up its latest facility in Lahore, located in DHA Phase V, the location is ideal for clients who want to escape the city’s hustle and bustle and yet not be too far away to relax and enjoy their day. “At present Nirvana Day... Read more
Fawad Khan most popular choice for a Bollywood version of James Bond
The James Bond saga has been a massive hit in Hollywood through the years. A genre like Bond hasn’t been aped to the T in Bollywood, but if an actor had to play Bond, who would do justice to the role, is the burning question. According to a poll... Read more
Cotton prices stable due to sustained buying
Trading on the cotton market remained fairly moderate on Thursday where some spinners chased quality lint to meet their near-future demand. Prices were somewhat stable on the back of sustained buying at the lower level. However, in the absence of buying enthusiasm the activity remained restricted to quality lint.... Read more
Electronic transactions rising: SBP
Electronic transactions, including web-based, point of sale (POS), mobile and call centre transactions, showed a rising trend during the first quarter of 2014-15 compared to same period of FY14. Meanwhile a decrease in paper based and automated teller machines (ATMs) cash transactions was observed, a State Bank report on... Read more
Stocks flat line amid foreign selling
Stocks closed flat on Thursday with the KSE-100 index shaved off by 1.90 points at 31,779.75. It was a volatile session with the index rising past the 32,000 points intra-day, but with consistent sell-off the index lost all of the day’s gains. Turnover in terms of volume declined while... Read more
$20m ADB assistance for PSEs reforms
The Asian Development Bank has finalised a technical assistance of $20 million to Pakistan for a public sector enterprise (PSE) reform project targeting reduction of fiscal and economic cost of privatisation to consumers and employees. According to official sources, the project will maximise benefits of improved governance in corporate... Read more
Remittances jump up by 16pc
Remittances from overseas Pakistanis during the first five months of this fiscal year shot up by 15.5 per cent to $7.398 billion from $6.407bn a year earlier, the central bank said in a statement issued yesterday. At the same time, there is fear that massive fall in oil prices... Read more