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October 19, 2018 – 12:00 am | No Comment

KARACHI: Sindh High Court (SHC) on Friday directed police officials to ensure implementation of ban on Gutka and carry out operation against its dealers.
SHC issued orders after it heard the petition filed by a citizen, Muzamil Mumtaz, seeking proscribing Gutka.
The Court also sought report from District Malir and Korangi Police …

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Man killed in road mishap...

July 7, 2017 – 12:00 am | No Comment

KARACHI: A man was killed in a road accident in Shah Faisal town area of the city on Friday.
According to rescue sources, a 17-year-old man, Sadaqat Ali, son of Fawad Khan, was hit by a fast-moving vehicle on Bab-e-Korangi Bridge in Shah Faisal town. As a result, he suffered severe …

Financial sector remained stable in CY16, says SBP...

July 7, 2017 – 12:00 am | No Comment

KARACHI: The State Bank of Pakistan issued today its annual publication viz., Financial Stability Review (FSR). The Review presents an analytical assessment of the financial sector during CY16, its associated risks and resilience analysis of the banking sector.
The FSR concludes that the financial sector of Pakistan remains in a sound …

Terror charges incorporated in case against Hashmi...

July 7, 2017 – 12:00 am | No Comment

KARACHI: A judicial magistrate was informed by police on Friday that terrorism charges had been incorporated in the case registered against Pakistan Muslim League-Nawaz (PML-N) senator Nehal Hashmi over his controversial speech depicting his alleged threat to the public servants involved with the Panama Leaks proceedings.
Hashmi, a Karachi-based leader of …

Man shot injured during robbery...

July 7, 2017 – 12:00 am | No Comment

KARACHI: A man was shot and injured during a robbery incident on Quaidabad bridge of the city on Friday.
According to rescue sources, a 28-year-old man, Iqbal Ahmed, son of Ikram, was shot at and injured by robbers when he offered them resistance on Quiadabad bridge. The injured was rushed …

Zardari is not PPP’s actual co-chairperson: Naheed Khan...

July 7, 2017 – 12:00 am | No Comment

KARACHI: Naheed Khan, former political secretary of slain Pakistan Peoples Party (PPP) chairperson Benazir Bhutto, said on Friday that Asif Ali Zardari is not an actual co-chairman of the PPP as he had exploited the ideology and policy of Shaheed Benazir Bhutto.
“The massive corruption by Zardari and his hand-picked team …

Sindh got receives committed investment from Chinese investors...

July 7, 2017 – 12:00 am | No Comment

KARACHI: Naheed Memon, Chairperson, Sindh Board of Investment at a press conference at the preparatory launch of Dhabeji SEZ on Friday said that the two primary critical success factors for Special Economic Zone are firstly connectivity and secondly access to a commercial centre.
Dhabeji is 55km from Karachi, and the population …