LONDON - The single biggest risk to Britain’s nascent economic recovery is continued eurozone weakness, the Bank of England’s outgoing governor Mervyn King said in a television interview on Sunday.He called for a “credible medium term plan” to get the economy back on track ...

KARACHI  - PPP Patron-in-Chief Bilawal Bhutto Zardari has strongly condemned the abduction of Ali Haider Gilani, the son of former Prime Minister Syed Yousuf Raza Gilani, and demanded his immediate recovery and steps for the protection of candidates and their families. Shocked over Ali ...

LAHORE - Cricket Commentators Club of Pakistan (CCCP) has expressed its solidarity with former Pakistan captain Imran Khan, who was injured after falling from the lifter in Lahore. In a joint statement, CCCP officials Munir Hussain, Iftikhar Ahmed, Chishty Mujahid, M Idrees, Hassan Jalil, Tariq ...

SADIQABAD/AHMEDPUR EASTThe PTI candidates and Bahawalpur National Awami Party chief here have cancelled their political activities after Pakistan Tehrik-e-Insaf chief Imran Khan on Tuesday sustained serious injuries on his head and back after falling from a lifter during climbing up the stage ...

LAHORE/RAWALPINDI - PML-N President Nawaz Sharif, former Punjab chief minister Shahbaz Sharif, Maryam Nawaz, President Asif Ali Zardari, MQM chief Altaf Hussain, Prime Minister Mir Hazar Khan Khoso, Balochistan Chief Minister Nawab Ghaus Bux Barozai and Malala Yousufzai wished speedy recovery to ...

Chief Election Commissioner (CEC) Justice (R) Fakhruddin G Ibrahim has said that investigations have started into the seizure of 90,000 fake ballot papers recovered by police in Lower Dir.Talking to media persons here in Islamabad on Monday, Fakhruddin G Ibrahim said that ECP was investigating the ...

KARACHI :-Excise and Taxation Department Sindh, during a motor vehicle tax recovery campaign, has initiated steps to nab tax defaulters. On first day of the campaign as many as 2,123 vehicles were checked out of which a sum of Rs.421,646 was collected. According to details, during tax recovery ...

PESHAWAR - Relatives of the missing persons belonging to Swat on Thursday staged a protest demonstration and sit-in here at the main Sher Shah Suri Road outside press club, demanding safe and early recovery of their loved ones.The protesters mostly women were carrying portraits of their loved ones ...

ISLAMABAD - Pakistan Tehrik-e-Insaf (PTI) launched its Tabdeeli Razakar (volunteers for a change) programme on Saturday.PTI Chairman Imran Khan launched the programme and reiterated his resolve that the first priority of his party was the recovery of the plundered national wealth and holding the ...

LAHORE – MIAN DAWOOD - Terming Nepra an inefficient body of the country, the Lahore High Court on Monday declared the recovery of fuel adjustment charges unlawful.Justice Muhammad Khalid Mahmood Khan directed the Nepra nd Wapda to refund the money if collected from the consumers.However, the ...

LAHORE - Director General, NAB Punjab Justice (Retd) Khurshid Anwar Bhindar on Sunday said that that National Accountability Bureau (NAB) was playing an important role in mega corruption cases while there was a need of collective efforts for the eradication of this menace from the country.NAB ...

Finance Minister Dr Abdul Hafeez Sheikh has said that Pakistan’s economy continues to show signs of recovery with improvement in key macroeconomic indicators. Despite major external and internal shocks, the economy has shown resilience and is projected to grow by 4.3 percent in FY13 after a ...

ISLAMABAD - While the Supreme Court verdict in the Asghar Khan case has directed the government to recover the huge sums from high profile accused including heads of some main political parties, the concerned officials who have been tasked to recover these sums believe they may face difficulties in ...

ISLAMABAD - The Supreme Court on Monday ordered recovery of eight missing persons, allegedly picked up by the agencies during the military operation in Malakand in 2009.Chief Justice Iftikhar Muhammad Chaudhry heading a three-member bench of the apex court was hearing the missing persons' case. ...

RAWALPINDI - Tension and insecurity gripped various parts of the garrison city after the recovery of parts of human body in the jurisdiction of three police stations.Police recovered two legs packed in paper-carton box dumped near railway line in Dhok Maie Sawar area in the jurisdiction of the ...

ISLAMABAD - Auditor General of Pakistan (AGP) has revealed that the non-recovery of 41,109.769m.ton wheat caused a loss of Rs 61.860 million to the national exchequer. The audit report 2011-12 regarding Public Sector Enterprises revealed that upon scrutiny of record, it was observed that 24 ...

RAWALPINDI - The recovery of two human body parts from different areas of the city not only created panic and fear among the citizens but also kept the law enforcement agencies on their toes to solve the saga.The human body parts were brought to District Headquarter Hospital (DHQ) mortuary for ...

New York  - Since 2009, the city of Chesapeake, tucked up against the Great Dismal Swamp in southern Virginia, has cut its workforce twice. This summer, nearly three years after the recession ended, the city of 222,209 has plans for a third round of layoffs.“We’re not seeing the ...

LAHORE - The convenor of National Assembly Standing Sub-committee on Railways Land and Property Ramesh Lal has said that PML-N supporters had snatched an accused from police custody and tortured police officers to stop them from recovering railways property from grabbers. While talking to the media ...

QUETTA - Expressing grave concern over the deteriorated law and order situation of the province, Governor Balochistan Nawab Zulfiqar Ali Magsi has said that forced disappearances of political workers and recovery of their bullet-riddled bodies was not a good act.“Collective efforts are needed ...

ISLAMABAD - Prime Minister Yousuf Raza Gilani has called upon the stakeholders to seek out partners for collaboration in order to revive the Pakistan Steel Mills (PSM). At a meeting held under his chairmanship at the PMs House on Tuesday, the prime minister called for considering offers, including ...

PERTH, Australia (AFP) - Leaders of the 54 Commonwealth nations on Sunday urged the G20 to put job creation and open trade at the heart of their drive to revitalise the global economy. The Group of 20, which represents 85 percent of the global economy, meet in France this week and have pledged to ...

LAHORE(APP) Lahore Electric Supply Company (Lesco) has intensified its drive for the highest ever recovery of Rs 27011.71m arrears by initially disconnecting power supply to all chronic defaulters irrespective of their social status. The newly appointed Chief Executive Officer, Lesco, Sharafat ...

KARACHI (Reuters) Share prices rose on Tuesday as investors looked for bargains a day after the market fell on worsening relations between Pakistan and the United States. The KSE benchmark 100-share index ended 2.4 per cent, or 266.21 points, higher to end at 11,531.24 on turnover of 71.52 million ...

OUR STAFF REPORTER MANDI BAHAUDDIN - District population was taken aback few months ago when under Lahore high Court Chief Justice directions, the Revenue Department launched a probe into embezzlements done by Revenue Patwaris in the district. This disclosure came to light that Patwaris usurped ...

SPECIAL CORRESPONDENT UNITED NATIONS - Economic recovery in developed countries is losing steam, with domestic demand and fiscal austerity measures as governments try to regain the confidence of the financial markets, according to a new UN report. Conversely, developing econ-omies have sustained ...

Just three months ago Japan was plunged into chaos after a cataclysmic earthquake sent a merciless tsunami crashing through towns and cities up and down the east coast. The unforgiving tide of water obliterated tens of thousands of buildings, devouring almost anything in its path. Thousands of ...

LAHORE - As a part of its mandate to regulate the capital markets, the Securities Market Division of the Securities and Exchange Commission of Pakistan issued orders, show cause notices and warning letters to non-compliant market participants in March. Because of regulatory non-compliance, orders ...

ISLAMABAD - A total of 56,336 recovery suits and execution involving more than Rs215 billion are pending with various banking tribunals and high courts. Of these 14,693 cases involving outstanding amount Rs15.69 billion have been pending for more than ten years. Chief Justice of Pakistan Iftikhar ...

COLOMBO (AFP) - A senior World Bank official wrapped up a visit to Sri Lanka promising nearly half a billion dollars in loans for the islands economic recovery after decades of ethnic war, the bank said Sunday. Managing Director Ngozi Okonjo-Iweala ended her two-day trip by reaffirming the World ...