Pakistan News

    1 Euro Pakistan Rupees

  • ‘Marine pollution costing Pakistan billions of rupees’

    KARACHI: Utter neglect towards marine pollution costs Pakistan billions of rupees every year that includes the huge expenditures the country incurs on account of vessel repair and maintenance, as constant flow of untreated toxic effluent towards the sea has doubled (metal) corrosion rate...

    According to him, the Pakistan Navy alone incurs a loss of Rs1bn annually on vessel repair and maintenance as (metal) corrosion rate owing to...

  • Living off 400 rupees a day

    We are quick to haggle with the daily-wage owner and the man who sells fruits at the corner shop, not truly understanding that the small profit he makes is essential to his survival...

    Think for a moment about the man whose salary 10 years ago was Rs9,000 and today is Rs12,500
  • Over half a million rupees looted in year’s sixth bank heist

    KARACHI: Some three armed robbers stormed a private microfinance bank in the old city’s Kharadar area on Tuesday, held security guards and staff at gunpoint and took away more than half a million rupees as the bank management allegedly had not followed the standard operating procedures (SOPs) to prevent such robberies, police said...

    Only on July 20, armed robbers took away three million rupees from the Gulshan-i-Iqbal branch of a...

  • Probe body unearths billions of rupees corruption in Umerkot health dept

    UMERKOT: The district inquiry committee formed by the provincial government to probe corruption in the Umerkot health department released its report on the occasion of the World Anti-Corruption Day on Wednesday, unveiling massive corruption running into billions of rupees, mismanagement and violation of laws and demanding action against the culprits...

  • PTI, PAT sit-ins cost the country billions of rupees, claims Dar

    ISLAMABAD: After securing a clean chit from the judicial inquiry commission into rigging in the 2013 elections, the government has released details of the losses it claims Pakistan suffered due to the Pakistan Tehrik-i-Insaf (PTI) and Pakistan Awami Tehrik (PAT) demonstrations last year...

    The detailed information gathered from various sectors under the guidance of Finance Minister Senator Ishaq Dar claims that the country was...

  • Grade-16 officer held, assets worth millions of rupees seized

    HYDERABAD: Officials of the National Accoun­tability Bureau (NAB) seized assets, including prize bonds, worth millions of rupees and documents of immoveable properties also worth millions of rupees, in a raid on the residence of a grade-16 official of the education department, Bachu Mal, here late on Saturday evening, according to a NAB press release...

  • NHA facing over 3,000 court cases involving billions of rupees

    ISLAMABAD: The National Highway Authority (NHA) is facing over 3,000 cases of litigation involving hundreds of billions of rupees, including some related to China-Pakistan Economic Corridor (CPEC) projects, mainly because of alleged mass-scale irregularities and controversial award of contracts...

    It has been observed that the authority is facing such an ample amount of litigations despite it has an army of over 150 consultants who...

  • A billion rupees spent on Nawaz Sharif's foreign tours, Senate told

    Foreign Minister Khawaja Asif on Wednesday told the Senate that over a billion rupees were spent on former prime minister Nawaz Sharif's international trips during his third term in office...

    In a written report presented to the upper house on Pakistan Tehreek-i-Insaf's request, the foreign minister stated that Sharif's 64 international tours during his third term as the head of the state set back the exchequer by Rs1...

  • Pakistan issues $500 million Euro bond

    KARACHI: Pakistan has issued a new 10-year bond of $500 million in the international Euro bond market, the finance ministry said Friday, at a coupon rate of 8...

    A finance ministry team comprising Finance Secretary Waqar Masood Khan and Governor State Bank of Pakistan Ashraf Wathra held road shows to launch the bond in London, Los Angeles, Boston and New York...

  • All eyes on Paris as Euro 2016 draws set to take place

    Because this Euro is taking place in France, he has made a special effort to help with the preparation,” said Jacques Lambert, the head of the tournament organising committee...

    “He has been very close to all the decisions that have structured the preparation and it is heartbreaking to imagine the Euro taking place without him...

  • Morato double boosts Spain hopes of Euro treble

    PARIS: Alvaro Morato scored twice for defending champions Spain and Eder was Italy's winner as the two booked places in the last 16 of Euro 2016 on another day marred by fan violence...

    UEFA ordered Croatia to play two Euro qualifying matches behind closed doors, deducted a point and fined the federation 100,000 euros when a Nazi swastika symbol was drawn on a pitch before a Euro qualifier against Italy a year ago...

  • Germany's Loew prefers old 16-team Euro to bigger version

    EVIAN: The old 16-team Euro finals was better than the new expanded 24-team format because there were more big clashes from day one of the competition, Germany coach Joachim Loew said on Saturday...

    European soccer's governing body UEFA introduced eight more teams for Euro 2016, which led to the introduction of an extra last-16 round...

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