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Archive for the May 15, 2017

    • News Desk
    • May 15th, 2017
    • Comments Off on Macron takes power as French president

    Emmanuel Macron became France's youngest ever president on Sunday, promising at his inauguration to restore the country's lost confidence and relaunch the flagging European Union. Macron, a 39-year-old centrist, took the reins of power from

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  • This is apropos a Business Recorder editorial "The courts and politics" carried by the newspaper recently. The editorial has plausibly argued that "since political parties across the spectrum appear to have gone into election mode,

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    • News Desk
    • May 15th, 2017
    • Comments Off on Trump weighs further US troops for Afghanistan

    Hanging in a corridor outside the Pentagon press office, a blow-up of a Time magazine cover shows a weary US soldier drawing deeply on his cigarette. Barbed wire and snowy foothills loom behind him. The

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    • News Desk
    • May 15th, 2017
    • Comments Off on Pursuing power sector transformation through structural reforms

    As anticipated, implementation of key structural reforms in local power sector was one of the core recommendations made by the International Monetary Fund (IMF) during Article IV consultations with Finance Minister Ishaq Dar recently in

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  • Regulators can be annoying to relevant ministries if they question their recommendations, and federal ministries during the third tenure of the Sharif administration have been visibly angered by the 'recalcitrant' regulators challenging their right to

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  • The Human Rights Commission of Pakistan (HRCP) in its recent report on "the State of Human Rights in 2016" holds up a mirror to this society, showing a deeply disturbing image. The report notes a

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  • Pakistan's trade deficit has reached an historic high of 26.55 billion dollars July-April 2016-17 - a rise of 40.12 percent when compared with the same period of last year. The performance of the two components

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    • News Desk
    • May 15th, 2017
    • Comments Off on Quake kills two, injures hundreds in Iran

    A 5.7 magnitude earthquake near Iran's border with Turkmenistan killed two people, injured hundreds and caused widespread damage, state media reported Sunday, citing the country's seismological centre. The quake, which struck at 1800 GMT Saturday

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    • News Desk
    • May 15th, 2017
    • Comments Off on Quake kills two, injures hundreds in Iran

    A 5.7 magnitude earthquake near Iran's border with Turkmenistan killed two people, injured hundreds and caused widespread damage, state media reported Sunday, citing the country's seismological centre. The quake, which struck at 1800 GMT Saturday

    Read More

    • News Desk
    • May 15th, 2017
    • Comments Off on Special funds: Telecom operators demand downward revision

    Telecom operators have demanded downward revision of special funds (Universal Service Fund @ 1.5% and Research & Development Fund @ 0.5%) before the upcoming spectrum (3G/4G) auction. Official sources revealed to Business Recorder that telecom

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