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Monday, February 8th, 2016


Suicide bombers in Afghanistan kill 9, wound 23

GARDEZ: Two suicide bombers targeting Afghan government and military employees killed at least nine people on Monday and wounded 23, officials said. Six civilians died and nine were injured in a blast outside a bakery shop in Yahyakhil district of Paktika province, an area near Afghanistan’s eastern border with Pakistan, district governor Musa Khan Kharuti said. The suicide bomber apparently targeted police and government employees buying bread, a provincial police official said. There was no immediate claim of responsibility. Earlier in the day, three people were killed in an attackRead More

Pakistan set to launch pro hockey league in November

Pakistan will face India in final of Asian Champions Trophy

ISLAMABAD: Pakistan is set to launch its very own Pro Hockey League in November which will also involve foreign players, Pakistan Hockey Federation (PHF) Secretary Shahbaz Ahmed Senior revealed on Monday. The former Olympian believed development and growth of young hockey players will rely on the success of the league which will help Pakistan regain its historic aura as a hockey-playing nation. “Work to start country’s first pro league is in progress and hopefully it will be given final touches by the end of this month or at the startRead More

SECP appellate bench achieve zero pendency of appeals

SECP frames Capital Market Development Plan

ISLAMABAD, Feb 08 (DNA): The Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) has disposed of 126 appeals during July 2015 to December 2015 and has achieved zero pendency. The Appellate Bench was reconstituted after the appointment of new Commissioners and it was aimed by the Mr. Zafar Hijazi, the Chairman SECP to expedite the disposal of appeals filed before the Appellate Bench under section 33 of SECP Act. There were 129 pending appeals before the Appellate Bench for the period July 1 to December 2015, whichRead More

Pakistan Railways losses being reduced: Minister

LAHORE, Feb 08 (DNA): Railways Minister Khawaja Saad Rafique Monday said that losses of Railways are being reduced every year and department is functioning smoothly. Talking to media persons in Lahore, Rafique said a loan of six billion rupees has been retired and out-dated locomotives are being replaced. The minister said sixteen defective locomotives were halted after accident of Jafar express and that they are being examined by Pakistani and Chinese engineers. He said that procurement process has been made more efficient and contract of poor quality locomotives has beenRead More

Queen Máxima arrives in Islamabad on Tuesday

ISLAMABAD, Feb 08 (DNA): UN Secretary General’s “Special Advocate for Inclusive Finance for Development”, Queen Máxima of the Netherlands, will pay a three-day visit to Pakistan from Tuesday. In her capacity as the UN Secretary-General’s Special Advocate, Queen Maxima encourages universal access for individuals and enterprises, at a reasonable cost, to a wide range of financial services, provided by diverse responsible and sustainable institutions. The Special Advocate works in partnership with stakeholders globally to raise awareness, encourage leadership, and foster action towards financial inclusion. During her visit, the Queen willRead More

Pak, EU agree on verification, deportation procedures

BRUSSELS, Feb 08 (DNA): Pakistan and the European Union have agreed on procedures for verification, deportation and evidence sharing. An understanding to this effect was reached at a meeting between the two sides in Brussels. The European Union has assured to address reservations of Pakistan about the deportees. The mechanism developed by the Interior Ministry will be followed for confirmation of the deportees’ nationality and their return. The European Union will also share evidence with Pakistan for deporting people on the basis of terrorism and other crimes.  The European UnionRead More