Posts tagged as: than

Pakistan hangs two militants sentenced to death more than 10 years ago

KARACHI, Pakistan – Two convicted terrorists affiliated with Lashkar-e-Jhangvi were hanged Tuesday in Pakistan, a media report said. The hangings took place in Karachi’s central jail, Dawn online … Karachi News Sources -2

Businessmen term rate cut good but less than desired

KARACHI: The State Bank of Pakistan’s decision of lowering the discount rate by 100 basis points to 8.5 per cent has been welcomed by businessmen who termed it a good omen. The business community had been demanding a 200 basis points cut in the discount rate, but they still believe that the decision would help […]

Pakistan bus crash leaves more than 40 dead – video

<br> At least 40 people have been killed after a bus caught fire when it hit an oil tanker. The commissioner of Karachi, Shoaib Ahmed Siddiqui, says that the death toll could rise after an … Karachi News Sources -2

Martial law better than military courts: Altaf

KARACHI: Muttahida Qoumi Movement (MQM) chief Altaf Hussain has asked army chief General Raheel Sharif to take control of government affairs for two years and hold all those who looted the country accountable. “…My statement would be taken as an endorsement for martial law but in reality there is no party in Pakistan, which does not have […]

Pakistani women earn 38.5% less than men: report

KARACHI: Despite the recent wage growth in Asia and the Pacific outperforming most of the world, workers in Pakistan are still earning extremely low wages, according to a report released by the International Labour Organistaion (ILO) on Friday. Although the average wage growth has increased as compared to previous years, the inequality has remained a concern […]

Monthly payment: Returns of 16 mutual funds higher than benchmark

KARACHI: Monthly returns of 16 out of the 21 equity-based conventional mutual funds operating in Pakistan remained higher than the benchmark index in November. According to data compiled by the Mutual Funds Association of Pakistan (MUFAP), five funds in November underperformed the Karachi Stock Exchange (KSE)-100 Index, which is typically the benchmark for almost all conventional […]

Ishrat Husain teaches more than a thing or two about the economy

KARACHI: In a low-trust society like Pakistan’s, an extended spell in the public sector in a decision-making position bears an enormous cost for a professional. His integrity gets compromised in the eyes of the public that looks at him as a yes-man who got a chance and blew it. Though Dr Ishrat Husain is one exception […]

Overseas Pakistanis remit more than $6bn in 4 months

KARACHI: Overseas Pakistanis remitted an amount of $ 6.077082 billion in first four months of current fiscal year (FY15).This shows an impressive growth of 15.21 percent compared with .275061 billion received during the same period of the last fiscal year (FY14), said State Bank of Pakistan's statement here on Thursday.The inflow of remittances during Oct. […]

KMC removes, tears more than 600 billboards

Karachi The Karachi Metropolitan Corporation (KMC) removed or tore over 600 billboards across the city on Thursday to minimise the potential dama The News International – Karachi

Would rather die than give up Karachi: Bilawal

LARKANA: Pakistan People s Party (PPP) Chairma, Bilawal Bhutto Zardari Wednesday said he would rather die than surrender Karachi, Sindh or Jinnah s Pa Karachi News Sources

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