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Wednesday, January 27th, 2016


India, Pakistan set for Asia Cup T20 clash on Feb 27

KARACHI: It has been 346 days since Pakistan and India last squared off on a cricket field. But 2016 will provide fans with plenty of opportunities to see the two Asian giants in action in a series of high-profile matches first at the 2016 Asia Cup T20 followed by the World T20’s marquee clash in Dharamsala. Mirpur, Bangladesh, will witness the first of the epic encounters on February 27 after the 2016 Asia Cup T20 schedule was unveiled by the BCCI. The tournament begins on February 24, with its final beingRead More

Army Chief vows to make Karachi terror free

KARACHI, 27 JAN (DNA) – The Army Chief General Raheel Sharif Wednesday commended the intelligence agencies for achieving major breakthroughs in unearthing various terrorists networks in their bid to dismantle terror infrastructure and sever their linkages with terrorists cells and bases outside Karachi. He was speaking during his visit to the Corps Headquarters Karachi where he chaired a special security meeting, the ISPR said.  The COAS vowed to go to any length for a secure and terror free Karachi to ensure a peaceful and fearless routine daily life for peopleRead More

Pak’s positive improvement in CPI commendable: NAB

ISLAMABAD, 27 JAN (DNA) – Chairman, National Accountability Bureau (NAB), Qamar Zaman Chaudhry said that Pakistan’s positive improvement in Corruption Perception Index (CPI) ranking proves that initiatives taken by NAB are showing practical results. The CPI 2015 ranking of Pakistan in Transparency International (TI) report released has reached 117 from 126 and it would further strengthen our resolve as a nation against corruption and corrupt practices.The NAB has a firm commitment to eradicate corruption from the country across the board, he told APP. He said it is quite satisfactory andRead More

SECP adopts 4 international Shari’ah Standards

SECP frames Capital Market Development Plan

ISLAMABAD, 27 JAN (DNA) – In line with its efforts to bring standardization and harmonization in Shari’ah-related matters of Islamic financial institutions (IFIs) under its regulation and supervision, the Securities and Exchange Commission of Pakistan (SECP) has adopted Shari’ah Standards numbers 3, 8, 9 and 13 issued by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). Prior to adopting the standards, the SECP circulated them among stakeholders/industry to solicit their feedback.  The comments received from the stakeholders/industry were placed alongside the standards before the Shari’ah Advisory Board (SAB)Read More

Huge cache of weapons recovered from Peshawar

PESHAWAR: A joint team comprising police and intelligence officials on Wednesday recovered a huge cache of weapons and ammunition from different areas of Peshawar. An official part of the joint team told media that raids were conducted at warehouses on GT road and Kohat road on prior intelligence. Officials claim militants wanted to carry out a major act of terrorism in Khyber Pakhtunkhwa’s capital city, for which they were dumping dangerous weapons at the locations raided. Recovered arms were presented in front of media in Peshawar and include over aRead More

Saudi soldier dies in border shelling from Yemen


RIYADH: A Saudi soldier has been killed in shelling from across the border in Yemen, the interior ministry announced on Wednesday. He died on Tuesday in a strike on a border guards’ observation post in the Harth district of Jazan in the kingdom’s south, the ministry said. Around 90 civilians and soldiers have been killed in shelling and skirmishes in Saudi border regions since March when a Saudi-led military coalition began air and ground action in Yemen against Iran-backed rebels. The coalition is supporting local forces against the Huthi rebelsRead More