islamabad - Caretaker water & power minister Musadiq Malik on Thursday said that though power sector is facing annual loss of Rs75 billion on account of oil theft and irregularities yet there would be uninterrupted supply of electricity for 36 hours during election days across the country.Two ...

lahore - The auto industry experts believe that the much trumpeted amnesty schemes has caused a loss of Rs 15 billion to national exchequer.According to simple mathematics, the experts believe that amnesty schemes announced and trumpeted in a manner as if it has brought in additional revenue ...

A large numbers of Pakistanis have migrated to European and Middle Eastern countries due to unemployment, poverty and lack of opportunity in the homeland. In the 60s, labour classes migrated, but now the need for them barely exists. Most countries like the US and the UK have restricted the intake ...

ISLAMABAD - The national exchequer will suffer a loss of 1.5 million dollars if NADRA’s sophisticated software designed for providing voting facility to overseas Pakistanis is not used in the upcoming general elections apparently due to the delaying tactics used by the Election Commission of ...

WASHINGTON  - Relatives and colleagues of a young US diplomat killed in Afghanistan honored her Sunday as a smart woman just starting her career and eager to engage with locals in the war-ravaged country. Anne Smedinghoff, 25, was among at least five Americans killed in separate attacks ...

Prime Minister Raja Pervez Ashraf has expressed his shock and grief over the Shahadat of Senior Provincial Minister Khyber Pakhtunkhwa Mr Bashir Ahmad Bilour who lost his life in a terrorist attack in Peshawar this evening.Paying rich tributes to the services of Mr Bashir Ahmad Bilour, the Prime ...

DURBAN New Zealand will not be distracted by the axing of former captain Ross Taylor ahead of their cricket tour of South Africa, new skipper Brendon McCullum said on Friday. "We can't control what has unfolded back home and, as players, our focus is very much on the cricket field and what we can ...

KARACHI- Chief Minister Qaim Ali Shah has said that the tragic incidents shocked the nation and our sympathies are with the bereaved families who have lost their beloved ones.Sindh CM while on way to visit to the fire affected Garment unit in SITE Industrial Area held a short meeting with the ...

ISLAMABAD - The Supreme Court was informed on Tuesday that the Pakistan Steel Mills (PSM) suffered Rs 26.5 billion loss due to corruption and mismanagement during the financial year 2008-09, while the daily deficit in running the organisation currently stood at Rs 40 million (Rs 1.2 billion per ...

KARACHI  - Mohsin Khan, Pakistan's outgoing interim coach, has said he was surprised with the team's performance in the limited-over series against England, and insisted that every match had been winnable. Pakistan lost all four one-dayers before losing the Twenty20 series 2-1."I am ...

NEW YORK  - Living in a crowded city or near a busy highway may be tied to a higher chance of having a stroke or losing your memory, new research suggests.A study published Monday in the Archives of Internal Medicine found a higher risk of stroke after “moderate” compared to ...

MADRID  - Barcelona coach Pep Guardiola admitted his side's sinking hopes of hanging onto their La Liga crown were at the mercy of bitter rivals Real Madrid following Saturday's shock 3-2 defeat at Osasuna.The loss left Real with the chance to open up a 10-point gap at the top if Jose ...

The Bengali intellectual, Nirad C. Chaudhuri, once explained the end of British Raj in India as a case of “funk,” or loss of nerve. The British had stopped believing in their own empire. They simply lost the will - in Rudyard Kipling's famous words - to fight “the savage wars of ...

FAISALABAD - Textile industry is on the brink destruction as production and exports are falling with every passing day due to gas closures and electricity loadshedding in Punjab, the Pakistan Textile Exporters Association chairman told media representatives here.“The Punjab industries have ...

OUR STAFF REPORTERLAHORE - Honda Atlas Cars (Pakistan) Limited (HCAR) has announced its 9MFY12, posting Loss After Tax (LAT) of Rs143m translating into a Loss Per Share (LPS) of Rs1 as against the LAT of Rs276m and LPS of Rs1.93 in the corresponding period last year due to decline in production and ...

NEW DELHI  -  Stating that he felt "ashamed" by the Indian cricket team's dismal performance against Australia in the ongoing Test series, former India captain Kapil Dev said every aspect of the game has gone wrong for the Indians. The Indian team came up with one of the worst ...

ISLAMABAD - National flag carrier, Pakistan International Airlines (PIA), has been sustaining an average loss of Rs 70 million per day during the year 2011, however, still there is no proposal under consideration of the PIA management to withdraw the facility of free air tickets to its ...

LOS ANGELES  - Former light welterweight world champion Amir Khan has withdrawn an appeal of last month's controversial loss to Lamont Peterson. The appeal was supposed to be heard Wednesday by the International Boxing Federation, one of two governing boxing bodies that sanctioned the ...

LAHORE – Chief Minister Shahbaz Sharif has expressed his deep sense of grief and sorrow over the loss of precious lives in various incidents of collapse of roof of houses due to rains in Gujranwala and Gujrat (Jajowal). He has directed DCOs of Gujrat and Gujranwala to personally supervise ...

KHANEWAL - Pakistan Railways administration has not yet taken notice of cycle stand closure at the city railway station.The said cycle stand has been closed for the last six months without any justification, owing to which people are facing problems in parking their motorcycles outside the station. ...

WASHINGTON - Older adults who are starting to have problems with memory may benefit from small amounts of nicotine therapy, according to a US study published on Monday.The research in Neurology, the medical journal of the American Academy of Neurology, included 74 non-smokers with an average age of ...

RAWALPINDI (APP) The participants of a seminar held to mark the 'International Day for Preventing the Exploitation of the Environment in War and Armed Conflicts have observed the frequent and rising use of weapons of mass destruction and explosives charge irreparable loss of degradation of ...

NEW YORK (Reuters) - Diet changes, exercise and other behavioral tactics do help obese adults shed some pounds with or without the help of medication, according to a study published Monday. In the new review, of 58 clinical trials, researchers found that behavioural programs helped obese people ...

LAHORE - The equity market during the outgoing week took a record plunge of around 815 points due to panic-selling generated by the turmoil on the global share markets on the back of a huge drop in the oil rates at international level. The Karachi Stock Exchange remained bearish throughout the ...

KARACHI (Reuters) - The Karachi stock market suffered heavy losses on Friday as foreign investors offloaded their holdings amid a global sell-off, while local investors remained cautious, dealers said. The Karachi Stock Exchanges benchmark 100-share index closed 3.98 per cent or 471.07 points lower ...

RAWALPINDI (Online) - Renowned nuclear scientist and member Planning Commission for Science and Technology Wing Dr Samar Mubarak Mand has declared the prevailing energy crises extremely hazardous for Pakistan saying the country is not only facing the loss of Rs 300 billion per annum but also ...

ISLAMABAD (APP) Federal Minister for Environment Samina Khalid Ghurki on Thursday said Pakistan is enduring about Rs 365 billion per year losses due to environment degradation. She said this while sharing her views with Ambassador of Argentine Mr. Rodolfo J. Martine- Saravia and Regional Director ...

ISLAMABAD - Auditor General of Pakistan (AGP) has observed violation of commercial policy in Civil Aviation Authority (CAA), which caused loss to authority of Rs 671.38 million. The irregular award of licenses and loss to authority was allegedly due to weak financial controls and non-adherence to ...

ISLAMABAD - There is a need to bring proper focus on efficacious implementation of tobacco control laws across the country and for curtailing sale of smuggled, duty-unpaid, and non-compliant tobacco products as more than 15 billion smuggled and duty-unpaid cigarettes are sold annually in ...

ISLAMABAD - Auditor General of Pakistan (AGP) unearthed irregularity, overpayment and award of work to ineligible contractor in the accounts of Pakistan Rangers, which allegedly caused loss of around Rs 252 million in different cases. The fresh audit report available with The Nation, revealed the ...