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Monday, 2 June 2014

Imran Khan prioritizes national fame over international fame

Imran Khan resigns as University of Bradford chancellor Imran Khan was appointed chancellor of the University of Bradford in 2005 Former cricketer Imran Khan has resigned as chancellor of the University of Bradford, citing his "increasing political commitments". He will step down on 30 November after nine years in the role. The university's vice-chancellor Brian Cantor said Mr Khan had been "a wonderful role model for our students". Mr...

Sunday, 1 June 2014

Hurdles in LNG removed

Hurdles in LNG import removed   - File Photo LAHORE: The Ministry of Petroleum and Natural Resources will be able to import the first consignment of 400MMCF of liquefied natural gas (LNG) by the end of the first quarter of the next year as it has resolved issues with the defence ministry, the Port Qasim Authority and other stakeholders, Dawn has learnt. On a directive of Prime Minister Nawaz Sharif, the ministry had earlier planned...

Nargis Sethi, back in limelight.

Nargis Sethi takes ‘power’   Nargis Sethi. — File photo ISLAMABAD: Nargis Sethi, once dubbed Pakistan’s most powerful woman, is back in the limelight. She will now be a key part of the government team that is responsible for reining in loadshedding, as the new secretary of the Ministry of Water and Power. Prime Minister Nawaz Sharif decided to make the appointment over the weekend, inducting her into a top-level team that includes...

Parliament's New year started.

Little to celebrate as parliament begins its new year   File photo ISLAMABAD: There will be more to regret than celebrate as parliament begins its new year on Monday, awaiting some new mantra to do better. President Mamnoon Hussain’s address to a joint sitting of the National Assembly and Senate to open the new parliamentary year also comes three days before Prime Minister Nawaz Sharif’s government is to complete its first year...

New Policies to be announced after Economic survey 2013-2014

Revenue, GDP growth targets missed   - File Photo ISLAMABAD: Finance Minister Ishaq Dar will launch on Monday the Pakistan Economic Survey 2013-14, which is expected to be a mixed bag of missed targets and improved performance in various sectors. The three-time finance minister would, however, like to play up the ‘better than last year’s performance’ aspect and will be looking to build on hopes for ‘beginning economic revival’...

Insights to International Peace Talks

Taliban leader Mullah Omar says prisoner swap “big victory”   This photo shows an unidentified detainee walking at the US Naval Station in Guantanamo Bay, Cuba, in this April 08, 2014, file photo.—AFP photo KABUL: Taliban supreme leader Mullah Mohammad Omar on Sunday hailed the release of five senior insurgents in exchange for US soldier Bowe Bergdahl as a “big victory”. “I extend my heartfelt congratulations to the entire Afghan...

Exports- Sugar shortage recovered

Sugar millers make out case for exports   - File Photo KARACHI: The country will have around one million tonnes of extra sugar this year based on monthly consumption of around 390,000 tonnes and available stocks of 3.45 million tonnes held by sugar mills of three provinces till May 15, 2014, according to millers’ estimates. They said mills in Punjab hold 1.927m tonnes of sugar stocks, followed by 1.328m tonnes in Sindh and 200,000...

Request for Policies to be revised for Textile sector sales tax

Textile value-added sector opposes sales tax on exports   - File Photo KARACHI: The value-added textile sector has taken strong exception to the government proposal of imposing 5.5 per cent sales tax on its exports in the budget 2014-15. Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) Zonal Chairman South Arshad Aziz, Towel Manufacturers Association (TMA) Senior Vice-Chairman Iftikhar Ahmed Malik,...

Used Vehicles Import Taxes revised

Used vehicles: duty collection tumbles to Rs7bn in July-April   - File Photo KARACHI: Import of used vehicles continued to show negative trend as only 17,968 units were imported in engine capacity range of 660cc to above 3,000cc including jeeps (4x4) in July-April 2013-14 as compared to 41,281 units in the same period last fiscal year. The government’s customs duty collection from the above imports plunged to Rs7 billion from...

Justice served to the country

Apprehension can’t justify travel bar for Musharraf: counsel   Former president General (retd) Pervez Musharraf. - File Photo KARACHI: The counsel for retired Gen Pervez Musharraf has contended that the government’s contention that the former president would flee the country due to entailment of death penalty in the ‘high treason’ case was mere apprehension that could not be a ground for depriving him of exercising his fundamental...

Government Initiatives- An uplift for all provinces

Govt to work for uplift of all provinces, says Sharif NANDIPUR: Prime Minister Nawaz Sharif takes a look around the Nandipur Power Project’s combined cycle plant after its inauguration ceremony on Saturday.—APP GUJRANWALA: Prime Minister Nawaz Sharif has said that equal development in all provinces is the priority of his government because he is working for progress of the nation. Addressing the inaugural ceremony of the first phase...

Budget for 2014 presented by PMLN government

Dar set to unveil tax-heavy budget       ISLAMABAD: Finance Minister Ishaq Dar is all set to present the second budget by the Pakistan Muslim League-Nawaz government in the National Assembly on Tuesday. The finance bill, which will be tabled in parliament next week, is expected to include Rs535 billion in additional taxes and other administrative measures. The ambitious new tax measures revolve around three pillars...

Friday, 30 May 2014

Ground breaking of Punjab's first Coal Power Plant

PM performs ground breaking of Punjab's first coal power plant Prime Minister Nawaz Sharif. — File photo ISLAMABAD: Prime Minister Muhammad Nawaz Sharif Friday performed the ground breaking of Punjab's first coal-fired power plant that will generate 1320 MW and help the country meet its chronic energy shortage. The project comprising two units of 660 MW each will be operational in two years time and start adding electricity...