Misreading reserves outlook: SBP chief misled PPP govt, stalled IMF deal

ISLAMABAD:  The State Bank of Pakistan (SBP) governor had allegedly misled the former president about foreign exchange reserves and opposed signing a programme with the IMF in March by the Pakistan People’s Party government – a delay that cost the country   billion to defend devaluation of the rupee, and added over Rs500 billion in debt. Documents available with The ...

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Impostors: Three arrested for illegally running NGO

ISLAMABAD:  The Secretariat police arrested three suspects for allegedly running a bogus not-for-profit organisation on Saturday. The officials seized amongst other things, two vehicles bearing fake registration numbers, government number plates, letter pads, important documents, multiple forms and stamps. The bust came after the police received information about the organisation that was being run under the name of International Peace ...

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Headhunt: Three names proposed for acting HEC chief

ISLAMABAD: The Ministry of Education, Trainings and Standards in Higher Education is proposing three names for the acting chief of the Higher Education Commission (HEC) following the refusal of Shamsh Kassim- Lakha, the founding president of the Aga Khan University. “We are sending these names for the acting charge of the HEC till the government finalises the name,” said a high official at ...

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Defending borders: 12 militants killed in Lower Dir clashes

TIMERGARA: At least two security personnel were injured and a dozen militants gunned down in clashes that erupted near Pakistan-Afghan border in Lower Dir district during the late hours of Sunday. Pakistani forces were patrolling the border area when they were attacked by about 15 militants, an official of the security forces said. The security forces took their positions and fended off the ...

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Roadside bombing: Blast in Sibi injures 21

QUETTA: At least 21 people were injured in a blast that tore through the Nishtar Road near Sibi town on Sunday. It was a remote-controlled bomb planted in a motorcycle that went off, injuring 21 people including a local journalist. “The bomb contained about a kilogramme of explosive material,”District Police Officer Sibi Ghulam Abbas said. Hospital officials stated that two persons were critically injured in ...

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Afghan peace process: Taliban unlikely to open new office

ISLAMABAD: The Afghan Taliban are unlikely to open any formal office as part of the effort in seeking direct talks between the stakeholders of the wartorn country. Since the closure of the Doha office earlier this year, due to objections raised by the Karzai administration, efforts were being made to break the deadlock by relocating the Taliban office to some other country. ...

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26/11 investigation: Pakistani judicial panel reaches India

NEW DEHLI: A seven-member Pakistani judicial commission arrived in India via Attari on Saturday to take forward the prosecution of seven suspects, including Laskar-e-Taiba (LeT) commander Zakiur Rehman Lakhvi, and cross-examine and re-examine four prosecution witnesses in the 26/11 Mumbai attacks case. As many as 166 persons,including foreign nationals,were killed in the 2008 terror attack. The commission will reach Mumbai for the first ...

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Angela Merkel makes history

German Chancellor Angela Merkel’s conservative party wins the parliamentary elections, but falls short of a super majority, according to preliminary results. The results appear to validate Merkel’s policies.

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Youth parliament: Youth participation termed vital for sustainability of institutions

ISLAMABAD:  Excitement and ambition were palpable as the fifth batch of the Youth Parliament Pakistan (YPP) ended its session on Saturday in the federal capital. “We had no idea how effective this exercise was going to be when we started,” said Hira Mumtaz, a YPP member from Lahore and a graduate of the Lahore University of Management Sciences (LUMS). “It ...

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International Day of Peace: Of tolerance, harmony and non-violence

ISLAMABAD: Around 500 students from a non-profit school  in Nurpur Shahan asked the world on Saturday to “give peace a chance.” Mashal Model School, in collaboration with Right to Play (RTP) Pakistan, celebrated International Day of Peace with a walk to a nearby square and a display of drawings and posters. The school, run entirely on private donations, provides subsidised education ...

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P@ASHA ICT Awards: Forty entrants declared best innovators

The 10th annual  P@SHA Information and Communication Technologies (ICT) Awards 2013 took place for the first time in Islamabad on Saturday. It was attended by ICT sector, embassy, government and business sector representatives. The awards recognise the best innovative technology products and solutions being developed in Pakistan and acknowledge creativity, innovation and excellence in the country’s ICT sector, said a ...

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VCs Forum: Scholars from Muslim states converge on capital to discuss higher education issues

ISLAMABAD: Scholars, educationists, academics and heads of higher learning institutes from Muslim states are converging on the federal capital to discuss the challenges being faced by them in higher education and explore ways to promote mutual cooperation and research. The two-day forum titled “Universities in the Islamic World: Challenges of Internationalisation” will be inaugurated by State Minster for Education, Trainings and ...

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Probe teams in game of musical chairs

ISLAMABAD:  It has been twenty days since the city police registered a murder case. The arrest of the suspect aside, the police were yet to finalise the investigation officer to conduct an initial inquiry into the murder charges. In three weeks, the police have changed three investigation teams. The last one was dissolved two days ago after at least two ...

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Year’s stats: Police recover over 200 stolen cell phones

ISLAMABAD:  The Islamabad Police have arrested 253 people allegedly involved in street crimes during the present year and recovered 202 stolen mobile phones and looted cash from their possession, a police spokesman said on Sunday. During 2013, the police also arrested 107 suspected gamblers by conducting raids in various parts of the city and recovered stake money and other items ...

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Gunfire at Kenya shopping centre

Heavy gunfire is heard at the shopping complex in Nairobi where militants are holding a number of hostages.

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