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...
Only companies allowed NTN,CNIC number now tax number: Dar
Federal Finance Minister Ishaq Dar earlier today said that only companies will be issued National Tax Numbers (NTN) from now onwards while the Computerised National Identity Card (CNIC) numbers will be treated as tax numbers for individuals. While addressing the National Assembly today, Dar said that a shortfall of... Read more
2 suspected target killers arrested claims Karachi Police
Police earlier today, claimed to have arrested two target killers involved in the murder of 15 people. According to Senior Superintendent of Police (SSP) Korangi Junaid Shaikh, two target killers, identified as Iqbal alias Shahzad and Ayaz, were arrested during a raid conducted in Korangi area of the megapolis.... Read more
Javed Sheikh To star in bollywood’s Tamasha
Veteran Pakistani actor Javed Sheikh has confirmed that he will be playing an important role in Imtiaz Ali’s upcoming movie, “Tamasha”. He shared: “Tamasha stars Ranbir Kapoor and Deepika Padukone in lead roles and I’m going to play Ranbir’s father.” “I’ve completed my first segment in Shimla. The rest... Read more
Indian Army Chopper crashes in Kashmir: 2 dead
An Indian military helicopter crashed late yesterday evening in Indian Occupied Kashmir killing two pilots, reports said. The aircraft, identified as an Advanced Light Helicopter (ALH), came down in mountainous Bandipore district, some 65 kilometres north of the Kashmiri summer capital Srinagar, killing a lieutenant colonel and a major,... Read more
Iran marks 36th Islamic revolution anniversary amidst nuclear negotiations
Iran marked the anniversary of its 1979 Islamic Revolution yesterday with massive rallies, with many chanting slogans against the US and Israel as the country tries to reach a permanent deal with world powers over its contested nuclear programme. Iranian President Hassan Rouhani, addressing a crowd of thousands in... Read more
Kashmir Border: Barter Trade resumes
Pakistani officials said yesterday that stalled trade with India across the de facto border in the disputed territory of Kashmir had resumed following successful negotiations. Trade was suspended on Friday after Indian authorities detained a Pakistani truck driver accused of drug trafficking. Barter trade across the de facto border... Read more
Family of slain Muslims demand murders be treated as hate crime
The families of three murdered Muslim students called for the horrific triple-homicide to be investigated as a hate crime  as US police indicated a parking dispute had triggered the killings. Deah Shaddy Barakat, 23, his wife Yusor Mohammad, 21, and her sister Razan Mohammad Abu-Salha, 19, were shot dead... Read more
Shark eats Japanese man in Australia
A man was killed earlier this week after both his legs were apparently bitten off by a shark in eastern Australia, a day after a surfer suffered serious injuries in the same area. Police said that the man, believed to be Japanese, died at popular tourist spot Shelly Beach... Read more
Terrorists responsible for APS school slaughter were all Pakistanis: DG ISPR
The  militants who stormed an army public school in Peshawar on December 16, 2014, and killed 150 people, including 132 students, were Pakistani, revealed military spokesperson Asim Bajwa earlier today. Revealing details about the attack, DG ISPR said that 9 militants were killed, while 12 were arrested. Six of... Read more
Injured Hafeez rues missing world cup
Cricketer Muhammad Hafeez said earlier today that he would have recovered from his ankle injury in a week, but the Pakistan Cricket Board (PCB) management sent him back and ruled him out of the World Cup. “This is the management’s decision; it’s for the best,” Hafeez told reporters. “I... Read more
Rights activists seek changes in the Prevention of Electronic Crimes Bill 2015
The ‘Prevention of Electronic Crimes Bill 2015’, will be tabled in parliament soon, as a result rights activists have stepped up efforts to finalise their recommendations for changes in the final draft. The aim of this legislation is to tackle the excesses committed under the (now defunct) Pakistan Electronic... Read more
Corporate first: Apple worth more then $700 bn
Apple became the first company to reach a market value of $700 billion Tuesday as shares vaulted amid upbeat news on the US tech giant’s gains in the smartphone market and soon-to-arrive smartwatch. Shares rose 1.9 percent to close at $122.02, lifting Apple’s market value to $710 billion, and... Read more
KSE market watch: Bears rein supreme
Stocks ended lower yesterday after a highly volatile trading session. The Karachi Stock Exchange’s (KSE) benchmark 100-share index ended the day’s trading with a decrease of 0.66% or 228.90 points at 34,203.99. Financial institutions traded directionless barring United Bank Limited (+0.35%) and Habib Bank (-1.34%) which closed lower on... Read more
Car sales surge to 30 month high
Touching the highest-ever figure in two and a half years, local car sales (including light commercial vehicles, vans and jeeps) in January 2015 hit 17,709 units, up by a significant 27% compared to 13,910 units in the same month last year. During the first seven months (Jul-Jan) of fiscal... Read more