SBP raises interest rate to 15 per cent
KARACHI, Nov 12: The State Bank of Pakistan increased on Wednesday the benchmark interest rate by two percentage points to 15 per cent....
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Senators question wisdom behind SBP move
ISLAMABAD: The government on Wednesday admitted in Senate that $4 billion had been transferred abroad during the previous government’s rule under dubious SROs issued by former president Pervez Musharraf and prime...
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American aid worker, driver shot dead
PESHAWAR, Nov 12: An American aid worker and his Pakistani driver were gunned down here on Wednesday....
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Five killed in suicide attack
CHARSADDA, Nov 12: Four security personnel and a civilian were killed on Wednesday when a suicide bomber rammed an explosives-laden van into the gate of a government school which housed a military camp in Shabqadar in the outskirts of Charsadda....
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Zardari seeks US help to stabilise Pakistan
NEW YORK, Nov 12: President Asif Ali Zardari told US Secretary of State Condoleezza Rice on Wednesday that only a stable Pakistan could ensure stability in the South and Central Asian regions....
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Opposition in NA lashes out at president
ISLAMABAD, Nov 12: President Asif Ali Zardari, now on a US visit, received a stinging rebuke from the opposition in the National Assembly on Wednesday for his perceived failings, such as...
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Akmal’s last over heroics sink West Indies
ABU DHABI, Nov 12: Kamran Akmal hit two sixes in paceman Jerome Taylor’s last over to help Pakistan beat the West Indies by four wickets in a dramatic finish to the first day-night international here on Wednesday....
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Zardari skips dinner hosted by UN chief
UNITED NATIONS, Nov 12: President Asif Ali Zardari was conspicuous by his absence at a dinner hosted by UN Secretary-General Ban Ki-moon on Tuesday evening for the world leaders attending the two-day interfaith dialogue....
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‘Religions should not be used to cause misery’
UNITED NATIONS, Nov 12: King Abdullah bin Abdul Aziz of Saudi Arabia told the world community on Wednesday that justice and tolerance were the key Islamic values and stressed that religions should not be used as “instruments to cause misery”....
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Defamation of religions should be banned: UN
UNITED NATIONS, Nov 12: United Nations General Assembly President Miguel d’Escoto Brockmann said on Tuesday that the world body should ban defamation of all religions and disagreed that such a move would impinge upon freedom of speech....
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IHC asks ministries to legislate in 15 days: LG system in Capital
ISLAMABAD, Nov 12: The Islamabad High Court on Wednesday directed interior and local government ministries to make legislation within 15 days for the introduction of Local Government (LG) system in the federal capital....
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NA speaker not allowed her deputy to ask question
ISLAMABAD, Nov 12: National Assembly Speaker Dr Fehmida Mirza on Wednesday surprised the house when she did not allow her deputy and a parliamentary secretary to put questions to ministers during...
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UN reports increase in respiratory infection cases in quake-hit areas
ISLAMABAD, Nov 12: A large number of people affected by the recent earthquake in Balochistan are suffering from respiratory infections due to freezing cold and poor shelter....
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Afghanistan asks West for more ‘fighter troops’
LONDON, Nov 12: More international troops are needed in the south of Afghanistan, the country’s foreign minister said on Wednesday, and they must be ready to engage in active fighting against insurgents....
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Pakistani convicted of illegal money transfer
WASHINGTON, Nov 12: A Pakistani national has been sentenced by an American court to 110 months in prison for using the hawala system for transferring money from the United States to Pakistan....
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Grenade attack on pro-India Kashmiri leader
SRINAGAR, Nov 12: A senior leader of a pro-India political party in occupied Kashmir escaped unhurt on Wednesday after a grenade lobbed by suspected pro-independence militants exploded nearby....
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India test-fires ballistic missile
NEW DELHI, Nov 12: India test-fired a medium-range, nuclear-capable missile on Wednesday from a land-based launcher in eastern India, a defence ministry official said....
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WAF condemns induction of Zehri, Bijrani in cabinet
ISLAMABAD, Nov 12: The Women Action Forum in an open letter to President Asif Ali Zardari, condemned the appointment of Senator Isralullah Zehri and Mir Hazar Khan Bajarani as Federal Ministers for their hostile attitude towards women....
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