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...
Pakistan beat Afghanistan in friendly Football match
Pakistan bagged an injury-time win over neighbours Afghanistan in their football friendly on Friday, earning a measure of revenge for their trouncing two years ago in Kabul. Substitute Saad Ullah scored the winner for the home side just 10 minutes after coming off the bench in front of a... Read more
Karachi factory fire was arson: JIT report
The infernal blaze that gutted Ali Enterprises, a garment factory in Baldia Town, was not an accident but arson. In a shocking development, a suspect, who is currently in the custody of paramilitary force, Rangers, has confessed to perpetrating incendiarism that killed near 300 factory workers in 2012. An... Read more
Target killing returned to the city with a vengeance on as  a shopkeeper were shot dead in busy market of Karachi. The unknown assailants escaped from the scene after executing the attack. Police was carrying out investigation into the attack. Also Watch: Extortionist identified after broadcasts CCTV footage Footage Courtesy: Dawn News Read more
14 old Kanza dies of food poisoning.. Does anyone care?
As little Kanza was stepping into her teens her life was extinguished  for a reason so trivial it almost boggles the imagination. She died simply.. because she consumed her favourite brand of chicken burger. “It was like just another day when you receive a call from your kids, who... Read more
Baldia town garments factory fire was arson case: Rangers official
A report submitted by the Rangers earlier today during the hearing of the Baldia Town factory fire case revealed that the accident was caused by miscreants and was intentional arson. According to the report, the Rangers recently arrested a prime suspect who confessed to setting the factory on fire... Read more
Evil gamblers will do their all to trick players: Ronnie Flanagan
“Evil” illegal gamblers using the grooming methods to try and corrupt cricketers have not gone away but the game’s anti-corruption chief Ronnie Flanagan is confident the upcoming World Cup will be clean. Match and spot-fixing scandals have dogged cricket over the last few years but Flanagan said the authorities... Read more
Ali Zafar writes emotional letter On eve of Song release
Singer-actor Ali Zafar is set to release his song Urein Ge tomorow, as a tribute to the hundreds of young and innocent lives lost in the tragic attack on the Army Public School in Peshawar. A day before the release, Zafar has penned an emotional letter, highlighting the importance... Read more
Pakistan’s world cup hopes higher as arch Tormentor Tandulker has retired
India go into the World Cup without the reassuring presence of retired batting superstar Sachin Tendulkar for the first time since 1992, which should surely bring a certain level of relief to arch-rivals Pakistan. Pakistan have lost all their five World Cup meetings against India and Tendulkar, who featured... Read more
Bahria Town to finance Karachi Metro Bus project
Construction conglomerate Bahria Town will give Rs42 billion loan to Sindh government for Karachi Metro Bus project. This was decided in a high level meeting, where Asif Ali Zardari, Bahria Town Chairman Malik Riaz, Sindh Chief Minister Qaim Ali Shah and members of the provincial cabinet unanimously approved the... Read more
Miserly Janitor was secret multi-millionaire
A man who worked as a janitor has left behind an estate valued at around $8m (£5.2). Ronald Read, from Brattleboro in Vermont, gave no hint of the size of his fortune before his death in June 2014, aged 92. The former gas station employee and janitor held his... Read more
On the Horizon: A cure for the common cold
A breakthrough made by British scientists could be the first major step towards curing the common cold. The researchers have cracked a code that governs infections by a major group of viruses, including the common cold and polio. Rhinovirus (which causes the common cold) accounts for more infections every... Read more
NIB Bank looking to rid itself of PICIC AMC
NIB  bank is currently evaluating the feasibility of pursuing a transaction for possible divestment of its equity stake in PICIC Asset Management Company Limited (AMC). In a filing with the Karachi Stock Exchange (KSE) on Wednesday, the bank said that NIB had received interest from a few parties in... Read more
SECP allows ready market trading in KSL
The Securities and Exchange Commission of Pakistan (SECP) in exercise of powers conferred under Section 40B, read with Section 20(6)(b) and 20(6)(g) of the SECP Act 1997, has directed Karachi Stock Exchange (KSE) to allow KASB Securities Limited (KSL) trading facilities in the ready market, SECP stated on Wednesday,... Read more
SECP approves sukuk rules for promotion of Islamic Finance
Earlier yesterday, the Securities and Exchange Commission of Pakistan (SECP) approved the regulations for issuance of sukuk  for the development of Islamic capital market and for facilitating fund-raising through Shariah-compliant financial products. The Sukuk Regulations-2015 have been made under Section 506(a) of the Companies Ordinance, 1984. The draft regulations... Read more