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Rs 137 billion to be generated by privatization of 3 companies

The government is all set to divest the shares of three public sector entities including Oil and Gas Company Limited (OGDCL) Pakistan Petroleum Limited (PPL) and United Bank Limited (UBL) before June 30 2014, which would generate Rs 137 billion. “We are going to disinvest the shares of three public sector entities OGDCL, PPL and UBL within current fiscal year ... Read More »

CM Punjab Shahbaz Sharif launches Rs 12 billion drinkable water project

Punjab Chief Minister Shahbaz Sharif has said that government is paying special attention to supply of drinkable water to citizens and a sum of Rs12 billion has been allocated for Saaf Pani Project during current year under which water filtration plants will be installed across the province. He said that work is being carried out expeditiously on the project of ... Read More »

United Nations helped not to be seeked on North Waziristan Issue

The federal government has, so far, no plan to engage the United Nations and its humanitarian partners for provision of humanitarian assistance to more than 25,000 relocated locals in the Federally Administered Tribal Areas (FATA) who are to be declared as internally displaced persons (IDPs). In a coinciding development, head of a key UN humanitarian agency has stepped down, it ... Read More »

Nawaz Sharif claims No Pakistan troops placed in Gulf Countries

Prime Minister Nawaz Sharif on Thursday categorically said that Pakistan was not sending its troops to other countries, dismissing impression that some countries had sought Pakistan’s assistance to move its armed forces for operation at their land. Talking to media persons after a ceremony to rename Mianwali Airbase as M M Alam Airbase after the legendary fighter pilot of 1965 ... Read More »

Mobilink has announced largest 3G ready network in Pakistan

Mobilink has announced, that it would  complete the roll out Pakistans most modernized and largest 3G ready network, with more than 9000 cell sites across the country by July 2014. The network modernization is in line with Mobilinks strategy to provide its customers with best voice quality and fastest data speeds. The initiative was enabled by VimpelCom, with investments made ... Read More »

New York Times report wrong, Pakistan didnt knew about OBL’s Abbottabad hideout: WH

The White House has said it has no reason to believe that the senior Pakistani officials had knowledge about the location of Al-Qaeda chief Osama bin Laden, who was killed in a Navy Seals operation in Abbottabad in May 2011. “As US officials have said, we have no reason to believe that anyone in the highest levels of the government ... Read More »

Allrounders give Pakistan edge over India in World T20 2014

Leading a side teeming with all-rounders, Pakistan captain Mohammad Hafeez enjoys an embarrassment of riches that he believes will give the 2009 champions a definite edge in the World Twenty20. “We do believe we have good all-rounders in our side,” Hafeez told reporters on the eve of Friday’s Super 10 opener against arch-rivals India at the Shere Bangla National Stadium. ... Read More »

Wasim Akram scouting coaches for the national cricket team

The Pakistan Cricket Board (PCB) has invited applications for the positions of head coach, batting coach and fielding coach for the national team. An advertisement has been floated in this regard which is available on PCB website Anyone interested in coaching Pakistan cricket team has until February 6 to apply. The PCB set the deadline on Tuesday, two days ... Read More »

Polio most prevalent in Peshawar: WHO

The World Health Organization on Friday declared Pakistan’s troubled northwestern city of Peshawar as the world’s “largest reservoir” of polio and called for urgent action to boost vaccination. Almost every polio case in 2013 in Pakistan, one of only three countries where the crippling disease remains endemic, could be linked genetically to strains of the virus circulating in Peshawar, said ... Read More »

Pakistan was meant to be Islamic welfare state not secular country

MNA Justice (r) Iftikhar Ahmad Cheema stated that founders of Pakistan had not envisioned a secular country rather they envisaged an Islamic welfare state and it was the bounden duty of the teachers to sensitive and educate the students about the purpose behind the creation of Pakistan. Addressing Maulana Zafar Ali Khan Award distribution ceremony, the PML-N MNA asserted that ... Read More »

Nawaz Sharif accused of taking revenge from Pervez Musharaf

Hundreds of All-Pakistan Muslim League activists continued their protest on Tuesday for the second consecutive day against the arrest of APML Sialkot District President Muhammad Bilal Gondal by the Sialkot Airport Police in an old case of six murders here in Sambrial city. The protesting activists kept the traffic blocked on main Sialkot-Sambrial-Wazirabad Road near Saahowala for an hour by ... Read More »

Time has come to crush Militancy: PM Nawaz Sharif

Prime Minister Mian Muhammad Nawaz Sharif said Tuesday that Pakistani nation was united in the fight against terrorism and these attacks could not down its morale. During a visit to the Combined Military Hospital (CMH) to inquire about the health of those injured recently in the Bannu and RA Bazaar blasts, Premier Nawaz Sharif said personnel of armed forces had ... Read More »

New NBP president appointed by the Government

The government on Tuesday appointed Syed Ahmad Iqbal Ashraf as President National Bank of Pakistan (NBP). “The Finance Ministry has moved three names to Prime Minister for post of President National Bank of Pakistan, and the Premier has given approval of the name of Syed Ahmad Iqbal Ashraf for the aforesaid post”, said Rana Assad Amin while talking to The ... Read More »

Study Proves Drone Attacks inccur Minimal Civilian Deaths

US CIA drone strikes against militants in Pakistan killed no more than four civilians last year, according to an annual study by a British-based organisation, the lowest number of reported civilian deaths since the drone programme began in 2004. The study by the Bureau of Investigative Journalism released this month showed that the number of civilian casualties stood at between ... Read More »

US and Pakistan Friendship Important for World Peace

A new report by a prominent American think-tank on Tuesday calls for improved Pakistan-US relations, stating such a course would lead to better stability in the region threatened by terrorism, as US troops withdraw from Afghanistan. “A US strategy for Asia that does not contemplate Pakistan’s role is incomplete, and a US strategy for Pakistan that primarily considers its role ... Read More »

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