BIGtheme.net http://bigtheme.net/ecommerce/opencart OpenCart Templates

Business News

Shutter down or else: Case registered against ‘rabblerousing’ barelvi activists

FAISALABAD:  Kotwali police on Tuesday nominated Sunni Ittehad Council chief Hamid Raza Kazmi and several other members of barelvi political parties in an FIR on Tuesday. They are accused of forcing shopkeepers to shut down their business, beating up those who resisted and vandalising their property. Muhammad Ramazan, spokesperson for the city police office, told The Express Tribune that they ...

Read More »

Monetary policy: Rate cut will help industry, says LCCI chief

KARACHI:  Lasbela Chamber of Commerce and Industry (LCCI) President Yakoob Karim expressed his satisfaction over reduction in discount rate by the State Bank of Pakistan (SBP) to the tune of 50 basis points. In a statement on Tuesday, he said that reduction in interest rate was need of the hour, as the industry has become extraordinarily overburdened due to massive ...

Read More »

Market watch: Another beating for the index

KARACHI: Despite a cut in the discount rate, volatile trading at the bourse continued as the index suffered another beating on Tuesday. At close on the first session of the week, the Karachi Stock Exchange (KSE)-100 Index fell 1.54% or 489.53 points to close at 31,310.73. Elixir Securities analyst Haris Ahmed Batla said local investors continued to track foreign flows and ...

Read More »

Search operation: Police arrests 100 suspects, 30 unregistered Afghans

PESHAWAR: Police arrested 130 suspected persons, including 30 unregistered Afghan refugees, during a search and strike operation on Monday. DSP Rokhan Zeb said the operation was carried out in areas within the jurisdiction of Yakatoot police station. The police raided various houses and arrested 130 suspects, including a suspected target killer, along with 30 Afghan refugees residing in the provincial capital ...

Read More »

Standpoint: Economist urges govt to frame pro-people policies

KARACHI: Despite painting a rosy picture of the economy internationally, the current PML-N administration has failed to provide any relief to the people, said economist Dr Shahid Hassan Siddiqui. “Instead of broadening the tax base, increased indirect taxes are being imposed on the people of the country,” he said while speaking at the plenary session of the 14th Convention of Pakistan ...

Read More »

After five years: Sheedi festival returns but far away from Karachi

KARACHI: As most of Karachi slept in on the long weekend, members of the Sheedi community donned colourful clothes and huge smiles as they boarded their vans at 5am on Monday. The group of nearly 250 members of this community of African-descendants in Pakistan were going to Hyderabad to celebrate their annual Sheedi Mela, which was taking place after five years. ...

Read More »

Om Puri against abusive language in films

MUMBAI: Veteran actor and former chairperson of the National Film Development Corporation (NFDC) Om Puri says he’s against the use of abuses in Indian movies. The actor, who will be seen in a political comedy film Jai Ho Democracy, was asked if the Central Board of Film Certification is becoming too harsh as far as banning abusive words is concerned. To ...

Read More »

Pakistan and March 23

March 23 is a significant date for Pakistan in two respects. In 1940 on this date, the All-India Muslim League moved a resolution in its annual session in Lahore that demanded the establishment of a separate homeland for the Muslims of British India. This substituted the Muslim League’s earlier demand for constitutional guarantees in a federal system for the protection ...

Read More »