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Updated round-the-clock, with a major update before 10:00 PST (05:00 GMT)
NEC sets 7pc GDP growth target
ISLAMABAD, May 31: The National Economic Council (NEC) on Wednesday set seven per cent economic growth rate target and an estimated Rs435 billion development expenditure for the next financial year....
Provinces, Irsa refuse to manage telemetry
ISLAMABAD, May 31: The Indus River System Authority (Irsa) and the provincial irrigation representatives on Wednesday refused to take over the Rs320 million telemetry system from Wapda, citing its continuous failure to record accurate water situation....
US to sell advanced missiles to Pakistan
WASHINGTON, May 31: The Bush administration said Wednesday it was planning to let Pakistan buy advanced Boeing Co Harpoon anti-ship missiles and related equipment valued at up to $370 million in “a significant upgrade” of the Asian nation’s existing weapons systems....
‘No foreign agency to get access to Dr Khan’
ISLAMABAD, May 31: Pakistan is ready to address the nuclear “proliferation concerns” of the United States and its allies but is not ready to provide any foreign agency “direct access” to Dr Abdul Qadeer Khan....
New price regime to be introduced: Aziz
ISLAMABAD, May 31: Prime Minister Shaukat Aziz on Wednesday said the government would introduce a new initiative of prices regime for essential commodities and continue with existing legitimate subsidies in the next budget to be announced on June 5....
Subhani Bayunus passes away
KARACHI, May 31: Veteran artiste Subhani Bayunus, whose portrayal of Mirza Ghalib in a PTV play catapulted him to fame in the 1960s, died after a long illness on Wednesday....
Train derails near Sadiqabad
RAHIM YAR KHAN, May 31: Rail traffic on the main line between Karachi and various upcountry destinations was suspended when 11-up Hazara Express derailed between Sadiqabad and Rahim Yar Khan on Wednesday afternoon....
Conditional US offer for talks
WASHINGTON, May 31: The US will hold direct -– but not bilateral -– talks with Iran on its nuclear programme once Tehran stops enriching uranium at its facilities, Secretary of State Condoleezza Rice said on Wednesday....
American move to block Iran’s finance access
WASHINGTON, May 31: The US has come up with a new proposal to force Iran to abandon its nuclear programme, cutting its access to international capital....
Marines killed two dozen Iraqi civilians: US probe
WASHINGTON, May 31: A preliminary military inquiry found evidence that U.S. Marines killed two dozen Iraqi civilians in an unprovoked attack in November, contradicting the troops’ account, U.S....
Loadshedding due to power shortage: KESC
ISLAMABAD, May 31: The main reason for load-shedding in Karachi is shortage of electricity, according to a KESC spokesman. Speaking in a PTV programme on Wednesday, Sye Sultan Hassan said Karachi’s...
Oil prices unchanged
ISLAMABAD, May 31: The Oil and Gas Regulatory Authority (OGRA) on Wednesday announced that prices of petroleum products would remain unchanged at the existing level for the next 15 days....
Taliban overrun Afghan district killing police commander
KANDAHAR, May 31: Scores of Taliban stormed a district of southern Afghanistan and held control overnight while a police commander was killed in an ambush elsewhere, police said on Wednesday....
Blast rocks Quetta
QUETTA, May 31: The city was rocked on Wednesday night by a powerful explosion near the city branch of the National Bank of Pakistan....
WB verdict on Baglihar expected in December
ISLAMABAD, May 31: The neutral expert appointed by the World Bank to arbitrate on the Baglihar dam row between Pakistan and India will hold two more meetings with both sides before giving his verdict, it is learnt....