$4.5 billion needed within 30 days to build up reserves: Recourse to IMF last option, says Tareen
ISLAMABAD, Oct 23: Pakistan needs hard cash in 15 to 30 days to fill a financing gap ranging between $3.5 and $4.5 billion to build up dwindling forex reserves, Adviser to Prime Minister on Finance Shaukat Tareen said on Thursday....
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Tareen wants quick removal of KSE ‘floor’ restriction: ‘A few people won’t be allowed to control market’
ISLAMABAD, Oct 23: Adviser to Prime Minister on Finance Shaukat Tareen has said that putting the ‘floor’ under the Karachi Stock Exchange Index was a ‘wrong decision’ and he wanted its removal as quickly as possible....
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10 killed in US drone attack on seminary
MIRAMSHAH, Oct 23: US drones struck a seminary of an Afghan national in North Waziristan early on Thursday, killing 10 people and wounding three others....
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Last govt misused remittances, says Zardari
ISLAMABAD, Oct 23: President Asif Ali Zardari criticised on Thursday economic policies of the previous government and said that foreign remittances worth billions of rupees had been misused over the past several years....
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ISI chief to visit Washington
WASHINGTON, Oct 23: New ISI chief Lt-Gen Ahmed Shuja Pasha will arrive in Washington this weekend for meetings with CIA’s director Michael V. Hayden, diplomatic sources told Dawn....
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Pakistan needs to attack militants: US diplomat
KABUL, Oct 23: Pakistan must attack militants in its northern areas and tackle extremists threatening its stability and complicating international efforts in Afghanistan, a senior US diplomat said on Thursday....
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50,000 tons of sugar being released to check price hike
ISLAMABAD, Oct 23: The government on Thursday decided to release 50,000 tons of sugar in the market following an increase of Rs10 per kg in its price over the past few weeks....
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Panel set up to look into power tariff increase
ISLAMABAD, Oct 23: The government deferred on Thursday implementation of the recently announced 31 per cent increase in power tariff and formed a special committee to look into the matter....
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Kharif water loss taken up with India
NEW DELHI, Oct 23: A two-day meeting between Pakistan and India began on Thursday to discuss the issue of Chenab water blockade by India which caused a loss of around 0.2...
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President’s conduct faces appraisal in Senate
ISLAMABAD, Oct 23: President Asif Ali Zardari will face an early appraisal beginning on Friday when the Senate meets to debate his first address to parliament last month, on the heels...
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PML-N warns against politicking on resolution
ISLAMABAD, Oct 23: The Pakistan Muslim League-N warned on Thursday that the country could face instability and economic problems if the resolution unanimously passed by parliament was not implemented in letter and in spirit....
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Kashmiri leaders arrested
SRINAGAR, Oct 23: Police clashed with Muslim protesters in occupied Kashmir on Thursday after two senior leaders were arrested for running an anti-election campaign, witnesses and police said....
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Court says EU illegally froze Iranian group’s funds
BRUSSELS, Oct 23: A court ruled on Thursday that European Union governments illegally froze the funds of an Iranian opposition group....
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JWP-Aali for Baloch rights within Constitution
QUETTA, Oct 23: The Jamhoori Watan Party (Aali group) has said that Baloch political parties are not against parliament and they want their rights within the parameters of the Constitution....
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NA standing committees elect chairmen
ISLAMABAD, Oct 23: Khurrum Dastgir, Chaudhry Abid Sher Ali, Raja Mohammad Asad Khan, Haji Muhammad Akram Ansari, Sardar Ayaz Sadiq and Murtaza Javed Abassi were elected chairmen of National Assembly standing...
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Plan to block KKH in protest against power closure
ALPURI, Oct 23: With power supply suspended to the entire Shangla for the 73rd day, the district nazim and other notables have warned to block the Karakoram Highway for an indefinite period if the electricity was not restored in two days....
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US envoy reiterates support to democracy
ISLAMABAD, Oct 23: US Ambassador Anne W. Patterson said on Thursday that Pakistan was playing a significant role in stability and prosperity of the region....
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Former PML-Q MNA held for ‘land fraud’
LAHORE, Oct 23: The Anti-Corruption Establishment (ACE) has arrested a former legislator of the Pakistan Muslim League-Quaid (PML-Q) for allegedly occupying 110 kanal official land worth billions of rupees in Mustafa Town....
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