Tuesday , 20 March 2018


Week-On-Week: SPI rises 0.53%

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended March 2, 2017 registered an increase of 0.53% for the combined income group, going up from 219.66 points in the previous week to 220.83 in the week under review. Compared to the corresponding week of the previous year, the SPI for the combined income group rose 2.96%. The SPI for the ... Read More »

Currency: Rupee remains stable against dollar

KARACHI: The rupee remained stable against the dollar at 104.4/104.6 in the inter-bank market on Friday compared to Thursday’s close of 104.4/104.6. The currency market has fluctuated regularly in recent months with hefty rises and falls on some occasions. In the long run, however, the rupee has stood firm after experiencing extensive volatility, when it weakened from around Rs98 to a ... Read More »

India’s terror link: Aziz rules out Kulbhushan’s extradition

ISLAMABAD: The prime minister’s top aide on foreign affairs told the upper house of parliament on Friday that a case is being prepared to prosecute the Indian spy, Kulbhushan Yadav, who, he said, will not be extradited to India. Yadav, a serving officer of the Indian navy, was arrested in March last year from Balochistan’s bordering Chaman town while he was ... Read More »

Pak-Afghan border to stay closed till region cleansed

ISLAMABAD: Pakistan’s frontier with Afghanistan will remain closed until the border regions are purged of remnants of terrorists. The decision was taken in a high-level huddle of the civil and military leaders which was convened on Friday to review the gains made thus far in Operation Radd-ul-Fasaad. Pakistan asks Afghanistan to hand over 76 terrorists immediately “Currently, cleansing and combing operations ... Read More »

Good governance is the answer

We don’t need a counter-narrative to defeat terrorism. Perhaps we don’t even need a surfeit of military campaigns for the purpose. Good governance immediately following one single focused all-compassing military mission, can do the job. But that is what we have been lacking — good governance. And that is the reason why even after so many military campaigns we are ... Read More »

Increase in petroleum prices causes inflation to rise 4.2%

ISLAMABAD: The pace of inflation increased to 4.2% in February owing to the surge in prices of petroleum products and perishable food items, Pakistan Bureau of Statistics (PBS) said Thursday. The annual inflation rate measured by the Consumer Price Index (CPI), which captures the prices of 481 commodities in urban centres, was recorded at 4.22% in February compared with the same ... Read More »

Farmers to get cash prizes for eradicating warble fly

MULTAN: As part of a new strategy to protect cattle from dangerous diseases, the livestock department has announced giving cash prizes to farmers who remove warble fly or its larvae present on the skin and hide of animals. “Mehro Makhi’ or warble fly attack is highly dangerous for animals as it punctures skins, affects reproduction system and growth of animals,” Livestock ... Read More »

College student gunned down in Abbottabad

ABBOTTABAD: A college student was gunned down in Abbottabad, police said on Thursday. He was among three people who were killed in different incidents in the Hazara division on Thursday. Police and eyewitnesses said that Samiullah, the son of Abdul Wakeel and a resident of Dasu in Kohistan, was studying at the Government Degree College for Boys Abbottabad. He was sitting ... Read More »

Sindh Governor keen on attracting investors

KARACHI: Sindh Governor Muhammad Zubair left for Dubai, Thursday, to attend a two-day Trade Conference and apprise international investors about opportunities available in the province and Karachi. Prior to his departure, he said the conference, to be held from March 3 to 4, will be a platform to project a positive image of Sindh in terms of a viable and pro-investment ... Read More »