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Rupee suffers largest intraday downswing

ISLAMABAD: In the largest single-day parity in last around two decades, the Pak rupee underwent an almost 5% intraday downswing against US dollar as it was traded at Rs 116.01 vis-à-vis Monday’s closing of Rs 111 in the inter-bank market. As currency dealers suspected government’s commitments to foreign monetary bodies …

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Imran, Zardari two sides of the same coin: Nawaz

NANKANA SAHIB: Former prime minister Nawaz Sharif said on Sunday that Imran Khan and Asif Ali Zardari were the two sides of the same coin. “Those calling each other ‘thief’ have shaken hands now,” the Pakistan Muslim League-Nawaz (PML-N) supremo told a rally here, adding that both his rivals were …

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Case to put Nawaz, Dar on ECL sent to cabinet

ISLAMABAD: Interior Minister Ahsan Iqbal Friday said that the case to put names of former prime minister Nawaz Sharif and his family as well as former finance minister Senator Ishaq Dar on the exit control list (ECL) had been sent to the federal cabinet for approval. “As per a ruling …

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Pakistan recalls India envoy amid harassment incidents

ISLAMABAD: Pakistan on Thursday recalled its high commissioner to India following a string of ‘harassment’ incidents with the diplomats in New Delhi. Speaking at a weekly press briefing, Foreign office Spokesperson Dr Faisal said Sohail Mahmood has been summoned for consultations over the recent incidents of harassment of the embassy …

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NAB chief tells officials to share case details with suspects

ISLAMABAD: NAB officials must clearly convey information of the case in which the suspect is called up for inquiry, said National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal said chairing a meeting at the bureau’s headquarters to review the operational strategy. The chairman directed NAB officers to clearly write …

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An era ends: British scientist Stephen Hawking dies at 76

CAMBRIDGE: Renowned British physicist Stephen Hawking, whose mental genius and physical disability made him a household name and inspiration across the globe, has died at age 76, his family said Wednesday. Propelled to superstardom by his 1988 book “A Brief History of Time”, which became an unlikely worldwide bestseller, Hawking …

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PML-N elects Shehbaz Sharif as permanent party president

ISLAMABAD: Pakistan Muslim League – Nawaz (PML-N) on Tuesday elected unopposed Punjab Chief Minister (CM) Shehbaz Sharif as its permanent party president. While the Central General Council was in session at Islamabad, it reached a decision to elect the unchallenged nomination of Shehbaz Shairf as PML-N’s president. The announcement is …

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PML-N probes defeat in Senate

ISLAMABAD: After suffering a humiliating defeat in the Senate the Pakistan Muslim League-Nawaz (PML-N) is investigating what had happened during the election of chairman and deputy chairman. The ruling coalition was defeated in the Senate election on Monday, as the joint opposition’s Sadiq Sanjrani was elected as Chairman Senate and …

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