KARACHI: President Asif Ali Zardari says government will facilitate local and foreign companies to make investment in energy sector. Pakistan's huge natural resources need to be explored, harnessed to meet energy requirements, he said Monday presiding meeting on performance of Sindh Thar Coal Development Board. Work in four blocks of Thar Coalfield Sindh was in advance stage. Global Mining of China Sindh En ...

KARACHI: The funeral prayers of PPP Sindh Council activist Sardar Imam Baksh Baloch was offered at his native graveyard in Balochgoth Gharibabad amid hundreds of mourners on Monday. According to details, activist of PPP Sindh Council was shot dead in firing incident in Gulzar Hijry area of Karachi on Sunday evening. Sardar Imam Baksh Baloch was going on his car when some unidentified person opened fire at h ...

KARACHI: The Karachi Stock Exchange (KSE) on Monday witnessed negative trend with extremely low volumes. Benchmark KSE-100 index declined by 37.24 points and closed at the level of 14,527.25 points. The trading volumes at ready counter drastically declined to 27.548 million shares as compared to 96.121 million shares traded on last session. Total market capitalization reduced by Rs 11 billion to stand at Rs ...

ISLAMABAD: In a significant development in the case relating to the evasion of Rs 47 billion tax by five telecom companies, NAB has recommended the names of three senior FBR officials for placement on ECL. NAB forwarded FBR official names for placement on ECL to Ministry of Interior on Monday. They include former FBR Chairman Mumtaz Haider Rizvi, Member Inland Revenue Shahid Hussain Asad and Chief Sales Tax ...

KARACHI: Ufone has been given the honor of receiving the ‘Best practicing CSR Company’ award by United Nations Global Compact Pakistan (UNGCP). Ufone is the only telecom recipient of this prestigious award. UN Global Compact Pakistan Local Network in collaboration with Lahore Chamber of Commerce, Employers’ Federation of Pakistan and FPCCI, organized the National Global Compact Conference under the theme “S ...

LONDON: Dale Steyn claimed five for 56 to help bowl South Africa to a comprehensive innings and 12-run victory over England before tea on the fifth day of the first cricket test at The Oval on Monday. South Africa took a 1-0 lead in the three-match series, fuelling their hopes of winning the series and leapfrogging England as the number one team in the world rankings. Steyn wrapped up England’s second innin ...

ATLANTA: In the city that jump-started his career, Andy Roddick added to his legacy by rallying to beat Gilles Muller, 1-6, 7-6 (2), 6-2, to win the BB&T Atlanta Open on Sunday. Fittingly, Roddick finished it with his 18th ace for the 32nd title of his career. The victory came 11 years after he won his first tournament on the clay courts of Atlanta Athletic Club when he was 18 years old. Roddick has acc ...

Dr M Arif Hafeez Sports Reporter KARACHI: Desptie a brilliant all-round performance by off-Spinner and left heanded bastman Shiraz Ali, Maymar CC suffered a 40-run defeat against Dubai Islamic Bank in the first match of the Aga Khan Gymkhana Ramazan Trophy Silver Jubilee Circket trounament at the AKG Ground here on yesterday. Dubai Islamic, batting first , collected 202-5 in their allotted 20 overs with Asi ...

LONDON: Highly-trained British agents have been in Pakistan working with authorities there to prevent security breaches during the Olympic Games in London, Downing Street has said. The news came as the Sun reported that a crime ring in Pakistan was offering to provide fake passports and visas, as well as help smuggle bogus individuals into Olympic venues posing as members of athletes' support teams. An unde ...

LAHORE: The Pakistan Cricket Board (PCB) is set to implement the Decision Review System (DRS) for the three-match one-day (ODI) series against Australia in the United Arab Emirates starting next month. Due to security concerns in Pakistan, the ‘home’ series will be played at a neutral venue. The UAE was selected after Sri Lanka pulled out of hosting the series due to a clash with the dates of the Sri Lanka ...