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April 23, 2018 12:00 AM Hockey turf, tartan track at Habib Public School inaugurated

KARACHI: A new synthetic hockey turf and a tartan track were inaugurated at Habib Public School the other day. The tartan track has been laid alongside the hockey turf. Both were imported from the UK. Floodlights have also been installed at the ground. An exhibition match was played on the occasion between Hasan Sardar XI and Safdar Abbas XI. Safdar

April 22, 2018 12:00 AM Australian dog receives police honours for keeping lost child safe

SYDNEY: A deaf and partially blind dog that kept a lost three-year-old girl safe in Australian bushland overnight was awarded police honours Saturday after leading rescuers to the child. Emergency services began a search on foot and from the air for Aurora Friday after the young girl wandered off into bushland on a rural property in Queensland state

April 20, 2018 3:28 PM Rabbani criticises name change of Islamabad airport, asks PM to withdraw 'inappropriate decision'

Former Senate chairman Raza Rabbani on Friday wrote to Prime Minister Shahid Khaqan Abbasi asking him to reconsider renaming the Islamabad airport from Benazir Bhutto International Airport to Islamabad International Airport and "withdraw this uncalled for and inappropriate decision". Rabbani wrote that it had come to his attention that the PM's adviser 1

April 17, 2018 12:00 AM King Salman, Abbasi witness closing ceremony of military drill

ALJUBAIL (Saudi Arabia): Prime Minister Shahid Khaqan Abbasi along with several other world leaders Monday witnessed a grand closing ceremony of an unprecedented 24-country military exercise Gulf Shield 1. Saudi King Salman bin Abdulaziz al Saud received the leaders, defence and foreign ministers, and heads of different armed forces at the event, held in the desert 3

April 15, 2018 12:00 AM Over Rs59b proposed for Water Division in upcoming budget

ISLAMABAD: The government has proposed allocation of Rs 59.009 billion for Water Resource Division for upcoming budget 2018-19 including Rs 18 billion for construction of much awaited Diamer Basha Dam, The News has learnt. The government has created unique head, first time in recent history, and proposed allocation of Rs11.588 billion for priority projects 2

April 15, 2018 12:00 AM The IPL juggernaut is back

The 11th edition of Indian Premier League (IPL) has rolled into action. Mumbai Indians are the defending champions, who won IPL-10 by beating Rising Pune Supergiants by one run in the final last year. IPL Auctions 2018 were the biggest auction in the history. A total of 578 players were finalised by the IPL. Top Indian stars Mahendra Singh Dhoni, Virat 4

April 15, 2018 12:00 AM Microfinance banks loans cross Rs200bln

KARACHI: Pakistan’s microfinance banks' gross loan portfolio surged to Rs202 billion by the end of 2017 showing the sector was gradually expanding with an increasing penetration of services across the country, Pakistan Microfinance Network (PMN) said on Saturday. “The number of active borrowers stands at 5.8 million with the total number of loans stands 5

April 14, 2018 12:00 AM Russian court rules to block Telegram messaging app

MOSCOW: A Moscow court on Friday ruled to block the popular messaging app Telegram in Russia, after it refused to give state security services access to private conversations. The ruling follows a long-running battle between authorities and Telegram, which has a reputation for secure communications, as Moscow pushes to increase surveillance of internet 2

April 12, 2018 12:00 AM First four Lahore Orange Train stations to be completed this week

LAHORE: First four metro stations from Dera Gujjaran to Mehmood Booti will be completed during the current week while target has been set for completing Pakistan Mint Station and Nicholson Road Station by the end of next week. Adviser to Punjab chief minister and Chairman of steering committee for Lahore Orange Line Metro Train Project (LOMTP) Khawaja 3

April 11, 2018 12:00 AM SECP notified new AAOIFI Shariah standards

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified for public consultation seven Shariah standards of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), a statement said on Tuesday. The notified AAOIFI standards included Shariah Standard No 21 – Financial Papers (Shares & Bonds); Shariah