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July 23, 2018 1:21 PM Pakistan elections 2018: What you need to know

Here are all the details you want to know about Pakistan Election 2018. The overview of general elections 2018 in Pakistan, arrays 272 contestable general seats. With a total of 39 seats in Khyber Pakhtunkhwa, the province stretches to 15,316,299 voters. Meanwhile, there are 141 seats in Punjab, 61 seats in Sindh and 16 seats in Baluchistan 12

July 17, 2018 12:00 AM Bank of America profit jumps

Bengaluru: Bank of America Corp reported a 36.3 percent jump in quarterly profit, helped by loan growth across its businesses, lower expenses and a smaller tax bill. Net income applicable to common shareholders rose to $6.47 billion in the second quarter, from $4.75 billion a year earlier. Earnings per share was 63 cents, up from 44 cents. Analysts on average 1

July 16, 2018 7:37 AM Pakistani rupee tumbles, SBP cites "market forces"

ISLAMABAD: The Pakistani rupee dropped sharply in early trade on Monday in what appeared to be another devaluation by the central bank, two market analysts said, the fourth such intervention since early December. The currency was trading at around 125/126 per dollar at 10.30 am local time (0530 GMT) after closing at 121.5 per dollar on Friday. "It looks 3

July 7, 2018 12:00 AM Simpson flirts with 59 on way to 61 and Greenbrier lead

WASHINGTON: Former US Open champion Webb Simpson shook off a weather delay to fire a career-best 61 Thursday, grabbing a one-shot lead over Kim Whee after the first round of the US PGA Tour Greenbrier Classic. Simpson was within striking distance of a 59 on the Old White TPC course in White Sulphur Springs, West Virginia, but admitted he tried not to think 3

June 26, 2018 12:00 AM Leisure Leagues National Football Championship from June 28

KARACHI: Leisure Leagues National Seven-a-side Football Championship, featuring eight teams from across Pakistan, will be held from June 28 to 30 here at Baloch Mujahid Stadium. The eight teams have earned places in the national finals after winning different tournaments and Leisure Leagues seasons after tough competitions.Sharof Football Club qualified 17

May 19, 2018 12:00 AM Tax relief to leave Rs5b negative impact on economy: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has assessed that different relief measures provided in the Finance Bill 2018 in shape of reduction in tax rate on fertilizer and others would have negative revenue impact of around Rs5 billion for next fiscal year 2018-19, The News has learnt. One top official of FBR told The News on Friday that the relief 13

May 10, 2018 12:00 AM Over $9 bn CSF claims pending before US

ISLAMABAD: Over $9 billion claims of Islamabad have been still pending before US administration on account of the Coalition Support Fund (CSF) while Pakistan is expecting reimbursement of just around $140 million or Rs15.9 billion from Washington in the next budget 2018-19. When asked by The News on Wednesday night, Minister for Finance Miftah Ismail 4

May 9, 2018 12:00 AM Man City resume record assault after goalless blip

LONDON: Manchester City’s ground-breaking season encountered a minor road block before their Premier League coronation on Sunday but their eyes are now firmly back on completing a record-shredding finale to the campaign. Following a surprise 0-0 draw with Huddersfield Town on Sunday, maximum points from their final two games, at home to Brighton & Hove Albion 8

May 5, 2018 1:28 AM ECP chides PM for saying ‘aliens’ will hold 2018 polls

ISLAMABAD: A day after Prime Minister Shahid Khaqan Abbasi said the upcoming general elections would be conducted by ‘aliens’, the Election Commission of Pakistan (ECP) on Friday dismissed the insinuation terming it against the spirit of the Constitution and ECP mandate. ECP spokesman Altaf Khan said at a press briefing that the commission was fully 9

May 4, 2018 12:00 AM AIG profit falls 21pc on lower yields

NEW YORK: American International Group Inc reported a 21 percent decline in first-quarter profit on Wednesday, due to higher catastrophe and bad weather claims, as well as weaker investment income. The insurer posted $938 million, or $1.01 per share, in net income for the first quarter, down from $1.2 billion, or $1.18 per share in the same period a year earlier 6