LAHORE -SAFEs project on developing a harmonised regulatory framework shall serve as a first step towards building a financially integrated south Asian region, said Aftab Ahmad Ch. MD Lahore Stock Exchange and Secretary General SAFE during a press briefing session held by SAFE of its USAID Small ...

KURRAM AGENCY - At least two soldiers injured and five militants killed when a group of Afghan assailants stormed forces check post in a pre-dawn attack in Kurram Agency on Thursday.The militants carried out the attack at around 5:30am and reportedly lasted until 7am. A group of militants, armed ...

MIRPUR (AJK) - Former Azad Jammu & Kashmir High Court chief justice (r) Abdul Majeed Mallick has said that marathon session of the delegates of civil society from both sides of the line of control assembled at Jammu city of Held Kashmir to deliberate the main issue of Jammu & Kashmir state, ...

peshawar : At least four mortar shells were fired across the border from Afghanistan on Wednesday, injuring three people in North Waziristan Agency, officials said. According to officials, the shells hit a residential compound located in Hasan Khel village, 30 kms east of Miranshah, the main town ...

Supreme Court has directed the petitioners and Attorney General to produce witnesses and evidence against Business Tycoon Malik Riaz in the contempt of court case. A two-member bench of Supreme Court comprising Justice Aijaz Afzal Khan and Justice Aijaz Ahmed Chaudhary, on Wednesday, heard the ...

It has been long in coming, but the increasing frequency and viciousness of attacks launched by the TTP elements and the Afghan Taliban, across the Pak-Afghan borders into Pakistan, has reached a stage where the issue has acquired the status of a major irritant that is capable of seriously ...

Punjab Law Minister Rana Sanaullah has said that Chaudhry brothers can go to any extreme to get the power and they don’t care for moral values. In a statement on Wednesday, Rana Sanaullah said that Chaudhrys were trying to politicise the loadshedding issue and they were using all tactics to ...

As many as 15 militants and one security personnel were killed when militants attacked a check post of the security forces from Afghanistan side here in Barawal area of Upper Dir on Friday. According to security sources, a number of militants attacked the Karakar check post near the Afghan border, ...

The Red Cross confirmed Monday it had been in contact with the kidnappers of a British aid worker before he was killed in Pakistan and said his murder would prompt a review of operations in the troubled country.Sean Maguire, the humanitarian organisation's spokesman in Britain, refused to say ...

Indian has not allowed Pakistani judicial commission, headed by FIA prosecutor Chaudhry Zulfiqar, to cross examine Ajmal Kasab. The sole survivor of Mumbai terror attacks, Indian media reports said on Friday. According to the reports the commission would be allowed to record statements of four ...

RAWALPINDI - The four prosecution witnesses have been cross-examined by the defense counsels in former premier Benazir Bhutto (BB) murder case during a trial held by Anti-Terrorism Court (ATC) Rawalpindi Number 1 at Adyala Jail on Saturday.The four witnesses, who have been cross-examined by the ...

ISLAMABAD - Despite increasing power tariff by 90 percent in last four years, the government is still paying huge amount in term of power subsidy, as this amount could go beyond the level what it paid (Rs 335 billion of last year) in the ongoing financial year 2011-12, which might increase fiscal ...

ISLAMABAD  - Cotton Crop Assessment Committee (CCAC) here on Thursday was informed that the crop output was expected to cross 12.598 million bales at an average weight of 170 kg per bale during the crop season 2011-12.Cotton production target was set at 14.01 million bales for the FY 2011-12 ...

ISLAMABAD - The US troops are moved to the Pak-Afghan borderland at North Waziristan for the target identification of the Haqqani militants, in an expression of the US mistrust on Pakistans security and intelligence set-up. Hundreds of the US troops deployed in Khost, a town in Afghanistans North ...

PARIS (AFP) - A Frenchman who gained fame for swimming the English Channel with no arms or legs has set himself a new challenge: to cross five continents in waters marked by sharks, poisonous jellyfish, icy currents and cargo ships. Philippe Croizon, 43, who lost both his arms and legs in an ...

LAHORE The Pakistan International Airlines (PIA) accumulated losses have crossed the mark of Rs92 billion by 2010, sources said while commenting on the airlines audited accounts for the year ended December 31, 2010. Sources said that PIAs downhill slide into heavy losses continued during 2010 as ...

ISLAMABAD - The price of sugar might cross Rs 90 per kilogram due to increase in the price of sugarcane being paid to farmers that is more than Rs 200-220 per 40 kilogram and still there is room for increase. A miller while talking to The Nation said that they would not be in a position to sell ...

KARACHI - Al Meezan Investment Management Ltd., the largest Shariah compliant asset management company in Pakistan, has achieved another milestone of having assets under management of over Rs. 25 billion. In 2003, when we launched our first open end fund Meezan Islamic Fund, total assets under ...

GAZA CITY (AFP) - Several Israeli armoured vehicles including bulldozers entered Gaza on Sunday apparently to destroy tunnels near the site of deadly weekend clashes, according to witnesses. The forces moved around 500 metres inside Gaza, dug large trenches and fired warning shots to keep farmers ...

KARACHI - Sugar prices during the Muharram will further increase and the commodity that is earlier being sold at Rs60 per kg will soon cross Rs65 per kg by Muharram 10 as predicted by the market analysts. The worst affectees will be the women consumers. According to one Nasreen Bano, It is ...

ISLAMABAD - Rana Mohammed Akram, Kohsar Police Station House Officer (SHO) has been transferred to the Lines on Sunday as a punishment for handing over Inter-Risk owner Ali Zaidi to intelligence agencies for interrogation. According to the sources, the Interior Ministry high-ups were upset after ...

KARACHI - The KSE 100-index crossed the 9,000 psychological barrier with healthy volumes on the last trading day of the week as foreign investment continued to flow in blue-chip stocks while the benchmark gained massive 185 points on Friday. Intense buying was witnessed at the local bourse as ...

KARACHI - The stock market took a U-turn on Wednesday and once again crossed the psychological barrier of 7,000 as KSE-100 index gained 203 points amid buying activity in main-board stocks. The index kicked-off the day in green zone, up 1.47 points and unexpectedly maintained the positive momentum ...

LAHORE - Bullish trend in Karachi Stock Exchange on second consecutive day Wednesday intact and restored investors and brokers confidence when bourse landed into positive column throughout the day and gained 3.366 per cent following the buying of eight leading shares by govt institutions as well as ...

ISLAMABAD (AFP) - The International Committee of the Red Cross on Sunday appealed for 7.8 million dollars in emergency funding to help victims of the powerful earthquake that rocked Balochistan this week. The ICRC said that the money would be used to step up the relief effort being carried ...

LAHORE - Sindh Minister for Food Nadir Magsi, a racer since his youth, won the 3,500 division of the TDCP's first Lahore Rally Cross 2008 - the first such event held in city. The Lahore Rally Cross was held in four categories. Category A included jeeps with an engine power of 3,401CC and above, ...

ISLAMABAD (APP) - The occupation authorities held a meeting with the representatives of Kashmir-based traders and fruit growers to finalise logistic arrangements for cross LoC trade scheduled to begin from October 21. Representatives from different trade and business organisations were informed ...

A French adventurer's attempt to become the first man to cross the Channel in a pedal-powered blimp ended in failure. Stephane Rousson, 39, had set off from Hythe on the Kent coast just before 8am on Sunday and hoped to reach Wissant, near Calais, in five hours. But as 3pm approached, the ...

NEW YORK - In this age of high petrol prices and youth culture, two big-cylinder-motorcycle-loving septuagenarians threw caution to the wind for a cross-country road trip. But Bob Chase, 72, of California and his friend from New York, Buddy Rosenbaum, 71, swapped their 1,000-cc motorbikes for ...

TOKYO  - Japanese sailor and environmentalist Kenichi Horie has completed a 110-day solo voyage across the Pacific Ocean in a boat propelled by wave power to claim another world first. Weak waves and opposing ocean currents delayed his arrival, which was originally set for late May. ...