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Pakistan to decide timing of NW offensive: Hoti

ISLAMABAD: Khyber Pakhtunkhwa’s Chief Minister Amir Haider Khan Hoti says that his government doesn’t have any objection to the GST Reforms Bill 2010. Speaking at Pakistan Development Forum in Islamabad today, he hoped that the issue of GST Reforms Bill would be resolved by sitting …

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Pakistan passing through a transition phase: Sheikh

ISLAMABAD: Federal Finance Minister Dr. Abdul Hafeez Sheikh has said that Pakistan is passing through a transition phase and that a gradual transfer of administrative and financial powers from centre to provinces is in process. Addressing a gathering at Pakistan Development Forum (PDF) here on …

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Karzai wants US to cut back Afghan military operations

WASHINGTON: Afghan President Hamid Karzai wants the U.S. military to scale back the visibility and intensity of its operations in Afghanistan and end night raids that he said incited people to join the Taliban insurgency, The Washington Post reported on Saturday. “The time has come …

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Shopkeepers refuse to sell sugar at Rs.72/kg in Lahore

LAHORE: Defying the Punjab government’s orders, a vast majority of shopkeepers in Lahore refused to sell sugar at the fixed price of Rs.72 per kilogram. Shopkeepers say they still have to sell the old stock of sugar, which was purchased at a higher rate. Under …

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Afghan minorities fear peace talks with Taliban

KABUL: President Hamid Karzai’s moves to make peace with the Taliban are scaring Afghanistan’s ethnic minorities into taking their weapons out of mothballs and preparing for a fight. Mindful that Karzai’s overtures come with NATO’s blessing, and that U.S. and NATO forces will eventually leave, …

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Momentous reduction in CDC tariff

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has approved reduction in Transaction Fee by 50% (excluding SECP levy) and Custody Fee by 25% (other than those held by majority shareholders and sponsors) as recommended by the Central Depository Company of Pakistan Limited (CDC). This …

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Chairperson announce new roadmap for CCP

Islamabad: The Chairperson, Competition Commission of Pakistan (CCP) has announced a new road map for CCP that envisions CCP to emerge as a robust autonomous institution both internally as well as a harbinger of positive and responsible corporate behavior and ethos. “Developing internal processes and …

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Captors release Afghan CG after 2 years

KABUL: A senior Afghan diplomat kidnapped by gunmen two years ago in Pakistan has been freed and returned to Afghanistan, government officials said on Sunday. Abdul Khaliq Farahi, the Afghan consul general in Pakistan, was seized by gunmen who ambushed his car and killed his …

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Pakistan, Afghanistan do not trust USA, says Gates

WASHINGTON:The US Defense Secretary Robert Gates has confessed that Pakistan and Afghanistan do not trust the USA and believe that it would again leave them alone like before whereas on the other hand the US Secretary of State Hilary Clinton has admitted that Pakistan has …

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President seeks Chinese support in Pakistan’s economic development, post-flood reconstruction

GUANGZHOU: President Asif Ali Zardari on Saturday invited the Chinese investors and entrepreneurs to benefit from Pakistan’s geo-strategic location as well as its trade and economic potential for a win-win situation for the two neighbourly nations having time-tested ties. “I invite you to take advantage …

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