Thursday 26 May 2016

Dunya TV

Dunya TV

PML-N MNA Abdul Hakim Baloch joins PPP

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KARACHI (Dunya News) – According to details, Pakistan Muslim League-Nawaz (PML-N) MNA Abdul Hakim has joined Pakistan People’s Party, Dunya News reported. The announcement in this regard will be made from Bilawal House in 24 hours.Abdul Hakim Baloch was elected MNA from Malir, Karachi on PML-N’s ticket in 2013 general election. Abdul Hakim, who had earlier resigned as State Minister, will offer resignation from his National Assembly seat during next 24 hours.

PM Nawaz extends stay in London

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LONDON (Dunya News) – Prime Minister Nawaz Sharif has decided to extend his stay in London on Thursday as doctors have advised him to avoid travelling, Dunya News reported.The Prime Minister, who is currently in London for treatment, will go under more medical tests next week on the recommendations of his doctors.Sources further disclosed that Prime Minister Nawaz Sharif may travel to the United States for further treatment.

Rain in parts of Punjab turns weather pleasant

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LAHORE (Dunya News) – Heavy rain with strong winds in different cities of Punjab on late Thursday night turned the weather pleasant, Dunya News reported.According to details, rain with strong wind was reported in different cities of Punjab including Multan, Faisalabad and Fort Abbas.The flight schedule at the Multan Airport was suspended due to bad weather. The flight of a private airline Jeddah to Multan landed at the Allama Iqbal International Airport. The Multan Airport officials informed that the flight schedule will be restored after improvement in weather condition.

Muzaffargarh: 6 hospitalised after eating poisonous sweet

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MUZAFFARGARH (Dunya News) – According to details, condition of six persons deteriorated after consuming poisonous sweet in Sultan Colony of Muzaffargarh on Thursday, Dunya News reported.The sweet was bought by Akbar, a resident of Sultan Colony, from a sweet shop in the locality for distribution after Mehfil-e-Milad at his house.The affected persons were rushed to a hospital in Muzaffargarh from where they were referred to Nishtar Hospital, Multan where doctors said that condition of three persons is stated to be critical.

Sindh Govts expectations not fulfilled, advocate general changed again

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KARACHI (Dunya News) - Sindh’s 31st advocate general Zameer Ghumro has taken charge. He is the third advocate general of Sindh in last 4 months. Ghumro replaced Nisar Ahmed Durrani after he resigned.During Pakistan People’s Party’s (PPP) reign advocate general of Sindh was changed several times. After Yousaf Laghari’s resignation on 30 December 2010, Abdul Fateh Malik took charge of the post, but he had to resign on 25 June 2013. Khalid Javed Khan replaced Malik, but he also left the post after having a conflict with advisor of chief minister Sindh.Chief Minister Sindh appointed his friend Abdul Fateh Malik again in February 2014 but having a conflict on Dr Asim case, he also left in January 2016. Govt appointed Nisar Ahmed Durrani as prosecutor of Dr Asim case and then made him the advocate general of Sindh. Even Durrani could not fulfill Govt’s expectations and resigned on 25 May. After few hours Ghumro was appointed as new advocate general.Lawyers working as advocate general stated that political govt have their own interests so they expect decisions of their choice from advocate general.Barrister Ghumro holds a rigid position in cases against Sindh govt and it will be interesting to see how he defends the govt.

Oil prices top $50 a barrel but then recede

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NEW YORK (AFP) - Oil prices topped $50 a barrel for the first time this year on Thursday as the global supply glut shows increased signs of easing.But the markets quickly gave back early gains and crude finished below the $50 mark for the day.US benchmark West Texas Intermediate for July delivery ended down eight cents from Wednesday at $49.48 a barrel on the New York Mercantile Exchange, after exceeding $50 early in the session.In London, Brent North Sea oil for delivery in July also briefly pushed above the $50 threshold, but closed down 15 cents to $49.59 a barrel.The breaching of $50 follows oil outages in Canada, Nigeria and elsewhere over the last month, and sharp US production cutbacks, that have tightened supply.But it marked an only partial recovery in the market after prices collapsed from over $100 a barrel in mid-2014.They approached $25 a barrel in February due to policy decisions by Saudi Arabia and other power brokers in OPEC against cutting back production as they sought to preserve market share at any price. They have maintained the glut in order to force out more expensive producers, particularly in North America.Some analysts are skeptical oil prices will continue to climb. Despite last weeks decline in petroleum stocks, US oil inventories remain near historic highs.Other bearish factors include increased production in Iran and an uncertain demand outlook in China and other key markets.I think people feel like $50 dollars is a kind of sell-point where the people whove made their profits are going to get out of the market, said Mike Lynch of Strategic Energy & Economic Research.So it may act as a temporary ceiling.Analysts also caution that the move above $50 a barrel could trigger some shale producers in the US to resume production after halting work due to low prices.They also see that OPEC might not move to cap or cut back production in its June summit in Vienna as some have hoped.From a fundamental point of view, we see the further gains as an indication that oil is becoming more expensive, but as also reducing any incentive on OPEC to trim output at its upcoming June 2 summit in Vienna, said Citi Futures analyst Tim Evans.On the contrary, it encourages OPEC producers to pump away.

Euro gains on dollar for second day

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NEW YORK (AFP) - The euro pushed higher against the US dollar for a second day Thursday even as odds appeared to rise for a Federal Reserve rate hike in the next few months.The euros gain remained modest. The common currency bought $1.1194, up from $1.1154 Wednesday.The greenback also slipped to 109.76 yen from 110.21 yen.The picture for higher US rates rose as better-than-expected data on the US industrial sector, home building and the jobs market combined with bullish comments from the Fed policymaker Jerome Powell.Powell said in a speech that an increase in the federal funds rate would be appropriate fairly soon, if the data trend holds up.That sentiment could get another boost Friday if as expected the government revises upward its estimate of economic growth in the first quarter. The first estimate came in at a disappointing 0.5 percent annual rate.Economic data has taken on even greater importance in the run-up to the next (Fed) meeting in mid-June, said James Chen of Forex.com.In addition to next weeks non-farm payrolls employment numbers, tomorrows preliminary GDP (second release) will be critical in helping to fulfill (or not) the Feds criterion of improving economic data.Analysts are looking for an increase in the GDP estimate to 0.8-0.9 percent, but Chen pointed out that in recent quarters the upward revisions have frequently outpaced expectations.The British pound eased Thursday after a steady climb that paralleled rising signs that the Brexit referendum in four weeks will support Britain remaining in the European Union.On Wednesday, World Trade Organization Director-General Roberto Azevedo became the latest international official to warn of the economic consequences of Brexit.It is very important, particularly with regard to trade, which is something very important for the British economy, that people have the facts and that they dont underestimate the challenges, he told the Financial Times. Pretty much all of the UKs trade (with the world) would somehow have to be negotiated.

Mathews says it's time Sri Lanka came on in the cold

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CHESTER-LE-STREET (AFP) - Sri Lanka captain Angelo Mathews said the weather can be a factor but it cant be an excuse as his side looked to draw level in their Test series against England.Mathews men were thrashed by an innings and 88 runs in the first Test as they went 1-0 down in the three-match series at a cold and grey and Headingley ground in Leeds, northern England last week.Similarly miserable conditions have greeted Sri Lanka in Chester-le-Street, with rain preventing any meaningful outdoor practice on Wednesday and Thursday ahead of the start of Fridays second Test at north-east county Durhams Riverside ground.Its all a far cry from the searing heat of Colombo and Mathews, speaking to reporters on Thursday, said: Its the coldest weather Ive known playing cricket.It was extremely cold yesterday (Wednesday), added Mathews, who saw his side run round the outfield with players clad in bobble hats and several sweaters.Today its a bit better, and Im hearing it will stay that way for the next three days.More than the actual temperature, it was the overcast conditions which aided swing movement and were superbly exploited by England spearhead James Anderson, who had match figures of 10 for 45, that proved Sri Lankas undoing in Leeds.A pitch with a tinge of green also helped Stuart Broad, Andersons new-ball partner in crime, to seam the ball off the surface at Headingley, where all-rounder Mathewss Test-best 160 set up Sri Lankas series-clinching win two years ago.Similar conditions could well lie in wait at the Riverside, but Mathews is determined there wont be a similar outcome. The weather can be a factor, but it cant be an excuse ... you have to compete, regardless of the conditions, Mathews said.When they (England) come out to Sri Lanka its going to be hot and yes they struggle, but you have to compete regardless of the conditions.You cant control the weather, but we can try to control our performances.It was an embarrassing defeat. Weve had a few days to think about it, and talk about strategies.We have to forget Headingley. Thats simple, the first thing we have to do.The more we think about it, the more disappointed we get.Obviously, you cant erase it -- but we have to move on. Thats what well do.Tomorrow is going to be a fresh start. To stay alive in the series, we have to win.Mathews added: Its a mental adjustment we need, and I hope the boys will be fine.The Sri Lanka captain took some heart from 21-year-old top-order batsman Kusal Mendiss battling fifty in the second innings at Headingley.Its his first time in a Test in England, and he showed a lot of character when the ball was seaming and swinging around, said Mathews. It says a lot about the player.He can take a lot of encouragement out of that, and so can the rest of the batters.But Mathews admitted that facing Anderson and Broad, who have taken a combined 646 wickets in 84 Tests as a pairing, in helpful conditions was no easy task. They are world-class bowlers, especially in these conditions.Despite their ultimately heavy defeat, Sri Lanka did reduce England to 83 for five at Headingley.And Mathews was adamant they could win at the Riverside and end Englands perfect run of five wins in as many Tests at the ground.Its definitely possible, said Mathews. If we play to our potential, and dont think about the weather too much...We have the skill and the talent.

Woakes gets England nod for 2nd Sri Lanka Test

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CHESTER-LE-STREET (AFP) - Chris Woakes will replace the injured Ben Stokes in Englands side for the second Test against Sri Lanka, skipper Alastair Cook said on Thursday.Durham all-rounder Stokes had already been ruled out of the match at his Chester-le-Street home ground starting on Friday after suffering a knee injury during Englands crushing innings and 88-run win in the first of a three-match series at Headingley last week.Warwickshires Woakes, a similar player in that he is a pace-bowling all-rounder, comes into the side in the only change to the England team that won inside three days at Yorkshires headquarters last week after seeing off a challenge from uncapped Nottinghamshire seamer Jake Ball, who once again was kept waiting for a Test debut.Cook, speaking to reporters at a rainy Chester-le-Street on Thursday, said Englands batting order would be adjusted slightly with Jonny Bairstow, who made 140 batting at seven at Headingley, moving up to number six and Moeen Ali promoted to number seven with Woakes in at No.8.This will be the 27-year-old Woakess seventh Test.He marked his inclusion in the squad on Monday by taking a first-class best nine for 36 for Warwickshire against Durham at Edgbaston and earlier this month he scored a hundred in the County Championship.Chris Woakes is going to come in for Ben Stokes, said Cook.Hes going to bat at eight, Jonny and Mo are going to push up.Asked why Woakes had been chosen ahead of Ball, Cook said: We enjoyed playing with the balance of this side.Woakes has had a stop-start Test career since making his debut in 2013 and only averages 21 with the bat and an expensive 63 with the ball.I dont think weve seen the best of him yet in an England shirt, said Cook.But hes in fine form for Warwickshire -- a nine-for and a hundred in the last two weeks.Its disappointing for Ben... Hes got that ability to win or change games of cricket very quickly. But injuries are part and parcel of a side and we need to learn how to play without him.For all that England won convincingly, they were 83 for five before Bairstow and opener Alex Hales, with a Test-best 86, turned the innings around. It was tough conditions, said Cook. One false shot and you were out. The way Alex and Jonny played was outstanding. A few of us could do with a score, added opener Cook, still 20 runs shy of becoming the first Englishman to score 10,000 runs in Tests.Nick Compton, out for a duck at Headingley, has spoken openly of how he feels under pressure for his place after a modest tour of South Africa following 85 in the series opener at Durban.Youre always under pressure when youre playing for England, said Cook.He (Compton) played some good innings in South Africa, certainly at the start of the tour -- that 80-odd, he battled hard and set up a good win. And hes scored two (Test) hundreds already. So he can play at this level. Like all of us, hes only a score away, and he needs a score, but hes in a really good place to do that.England have won all five of their previous Tests at Chester-le-Street, including an Ashes-clinching success wrapped up by paceman Stuart Broad in 2013.But with Durham some 5 million pound in debt and struggling to sell tickets this week, Fridays fixture could be the last Test at the ground.Weve always had great support here, said Cook. When Stuart took those wickets in 2013, the noise and the atmosphere was brilliant. We need to keep playing at each end of the country so people can keep watching Test cricket.I dont know the ins and outs of it. But Durham have a great record of bringing players through, so it would be a shame.

Bangar named India coach for Zimbabwe tour

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NEW DELHI (AFP) - Former India player Sanjay Bangar was Thursday named the national coach for the teams upcoming tour of Zimbabwe, the cricket board said.Bangar, who is currently the head coach of Indian Premier League side Kings XI Punjab, will accompany a largely inexperienced squad led by limited-overs skipper Mahendra Singh Dhoni.India are slated to play three one-day internationals and as many Twenty20 matches starting June 11 in Harare.Mr. Sanjay Bangar has been appointed as the Head Coach of the Indian cricket team for the forthcoming tour to Zimbabwe, the Board of Control for Cricket in India (BCCI) secretary Ajay Shirke said in a statement.Bangar, 43, worked with the team as assistant coach until the recent World T20 under team director Ravi Shastri.Bangar, who has represented India in 12 Tests and 15 ODIs, was appointed assistant coach during the limited-overs leg of Indias tour to England in 2014.The BCCI is on the hunt for a permanent head coach, with the process expected to be completed before India leave for the West Indies in July.

India, Afghanistan sponsoring state terrorism: Khawaja Asif

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LAHOR:(Dunya News) - Defence minister Khawaja Asif has criticized United States on drone attack in Balochistan as he was talking to Kamran Shahid in Dunya TV programme.He asked if US had any drone for Mullah Fazlullah in Afghanistan. Asif also confirmed that India and Afghanistan had done state sponsored terrorism and stated that US had been blackmailing them, so they would rely less on them and had to find new markets.He said that foreign policy had to be reconsidered and hoped that Nawaz Sharif would come back on the same day. National Security Council meeting has also been called, he told.

MQM will collect Zakat through KKF: Farooq Sattar

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ISLAMABAD: (Dunya News) – Muttahida Qaumi Movement’s (MQM) senior deputy convener Farooq Sattar has said that MQM are being stopped from collecting Zakat and Fitrana but they would not stop, as he also told the procedure to collect funds. He said that Khidmat-e-Khalq Foundation’s (KKF) nominated representatives would have authority letters.Dr Farooq Sattar also stated that MQM workers were being arrested so that they could not collect funds. He also said that MQM was only working for the betterment of people and voluntarily collected Zakat and Fitrana.

Govt to impose new taxes worth Rs 500 billion in coming fiscal budget

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LAHORE (Dunya News) - In the upcoming fiscal budget 2016-17, the government is going to impose new taxes worth Rs 500 billion, Dunya News has learnt on Thursday.Moreover, the government has suggested increasing annual budget collection target from Rs 3100 billion to Rs 3600 billion.It is expected that dairy products prices including milk and electronic products would be increased; in this way, another economic bomb would be dropped on economically devastated people.This time, tax defaulters would be held accountable as withholding tax would reach to 6% for not paying tax. The government has also suggested increasing regulatory duty on importing products.Super tax will remain imposed on people with an annual income of more than Rs 500 million while 2% of income tax has also been imposed on property registration.

Privileges provided to various sectors to be withdrawn in budget: Dar

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ISLAMABAD: (Dunya News) – Finance Minister Ishaq Dar has on Thursday said that the privileges provided to various sectors will be withdrawn in the budget 2016-17, reported Dunya News.Presiding over an important meeting regarding budget in Islamabad, Ishaq Dar said that the coming budget will prove that the government wants to promote tax-payment culture.The meeting was also attended by Finance Ministry and Federal Board of Revenue (FBR) officials.FBR Chairman presented the budget recommendations for the textile, agriculture and poultry sectors.Ishaq Dar said that agriculture will be given special focus in Budget 2016-17 while the privileges offered to various sectors in the past will be withdrawn.

Govt to find itself in even more difficult economic situation: Asad Umar

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ISLAMABAD (Web Desk) - During the pre-budget seminar arranged by Dunya News Network, Pakistan Tehreek-e-Insaf (PTI) leader Asad Umar criticised government over poor economic policies and its requirement of extended loans from International Monetary Fund (IMF), reported Dunya News on Thursday.Asad Umar said that if things did not change, the government would be in an even difficult situation and Finance Minister Ishaq Dar along with his government would have to take an initiative for fundamental reforms to make things move to the right track. He said that the government needed to have an overview of its taxation policies.On the other hand, Ishaq Dar said that the economy would have stayed on stable position, Chinese presidents visit would have been more helpful and OGDC transactions could have occurred, had the sit-ins and protests not taken place.He added that Pakistan had faced a total loss of Rs 100 billion on a single IMF transaction due to the damage that the sit-ins had inflicted upon Pakistans economy and China-Pakistan Economic Corridor (CPEC) got delayed for one year due to sit-ins.He said that he had offered to make an amendment to the law, which would be based on better economic plans and improvement in national GDP from 2016 to 2030.He said that he had already presented a plan called Charter of Economy according to which government would fix things in a way that economic targets would achieve in the late 2030s.
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