Saturday, May 14th, 2016
National progress stunted after 1970s due to corruption: President
ISLAMABAD, 14 MAY, (DNA) – President Mamnoon Hussain has underlined the need to uproot corrupt elements from the system in order to ensure rapid development and progress in the country. The President said this while addressing a ceremony of Kotri Association of Trade & Industry here on Saturday. Sindh Minister for Industry Muhammad Ali Malkani and others were also present on the occasion. The President stated that the journey of national progress was satisfactory until 1970s but afterwards the pace of development was stunted because of corruption. The President observedRead More
SECP registered 625 companies in April
ISLAMABAD, 14 MAY, (DNA) – The Securities and Exchange Commission of Pakistan (SECP) during the month of April registered 625 new companies, witnessing an increase of 22 percent as compared to the same month of the preceding year. During the first ten months of current fiscal year, 4,984 new companies were registered. As compared to the corresponding period last year, it represents a growth of 21 percent. It is a clear sign of confidence by investors and of a growing trend in company registration. Around 92 percent of companies haveRead More
PPP demands Imran Khan to step down as MNA, PTI Chairman
KARACHI, 14 MAY, (DNA) – Pakistan People’s Party (PPP) has asked Pakistan Tehreek-e Insaf (PTI) Chairman Imran Khan to first step down as MNA and as party Chairman for his white lies about having no offshore company and accounts. Only those who are clear can raise fingers on others and it is an open fact that Imran Khan is always eager to cling to powers through shortcuts as does not believe in the powers of the ballot but is dependent on retired judges who would also be brought under investigationsRead More
PSP leaders, DG Rangers discuss Sindh’s security situation
KARACHI, 14 MAY, (DNA) – Pak Sarzameen Party leaders Mustafa Kamal and Anees Qaimkhani met Director General of Pakistan Rangers (Sindh) Maj-Gen Bilal Akbar on Saturday. According to sources, the meeting discussed matters pertaining to missing persons and province’s security with special reference to Karachi. During the meeting, Kamal assured the DG Rangers that his party would play its role for restoration of peace in the metropolitan city. Maj-Gen Bilal Akbar appreciated the nonviolent politics of PSP, the sources added. The meeting comes two days after a clash between workersRead More
PM to present stance on opposition allegations in parliament: Rashid
ISLAMABAD, 14 MAY (DNA) – Information Minister Pervaiz Rashid has said that Prime Minister Nawaz Sharif would present his stance about the opposition allegations in the parliament on Monday. In an interview; he said some opposition parties are trying to mislead the nation through telling lies. To a question, he said that Supreme Court has given some guidelines for formation of the terms of reference and the Prime Minister will present this viewpoint in the National Assembly. He said that Prime Minster will also make announcement for talks with theRead More
Opposition opted for politics of confrontation: Qadir Baloch
ISLAMABAD, 14 MAY (DNA) – Minister for States and Frontier Regions (SAFRON) Lt General ® Abdul Qadir Baloch has said that the Opposition had opted for politics of confrontation which may hamper the process of the progress in the country. Talking media, he said the Opposition was not interested in any investigation, and only wanted to have political gains due to the issue. To a question he said, PTI had been making different demands every now and then as its chairman has recently demanded the government to involve National AccountabilityRead More