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Iran to enhance petrochemical production by 1.3m tons
TEHRAN: National Iranian Petrochemical Company Managing Director Abbas Sheri Moqaddam said that Iran will increase its petrochemical production by 1.3...
Lemming rodents use their multicolored fur & loud scream to warn Poachers to stay away
NIGERIA: They may have a reputation for committing suicide, but it appears that lemmings actually have a powerful survival mechanism....
Chennai Metro Water collects Rs3.3m from tax defaulters
CHENNAI: Chennai Metro Water has collected Rs 3.3 million pending water and sewerage tax from defaulters during a special drive...
Chimpanzees adopt vocal accent just like humans: Report
LONDON: People may notice that their accents have changed albeit subtly when they spend sufficient time in a different country....
Sri Lanka agrees on $1.5billion “port city” deal with China
BEIJING: Despite the Indian concerns over project, Sri Lanka's cabinet has allowed a $1.5 billion "port city" deal with China,...
First stars in Universe formed 100m yrs later than thought, Planck telescope indicates
NEW YORK: The first stars twinkled into life some 100m years later than was previously thought, research suggests. Data from...
Microcapsules: Best Method to capture Carbon Dioxide
LONDON: As carbon emissions throughout the globe have become a serious issue round the globe, many power plants as well...
Railways receives 15 locomotives of 3,000 HP from China under Rs19.4b revamping project
ISLAMABAD: To generation of the much-needed revenue, Pakistan received the last batch of 15 diesel electric locomotives of 3,000 HP...
Ferrari unveils 488 GTB, eschewd the 458’s high-revving V8 for a 3.9-liter turbo V8 unit
VICTORIA: Amid ever tightening emissions restrictions, the time has come for Ferrari to replace its 458 Italia and its high-revving...
IESCO reduces outages hours from 5 to 2 a day, 5pm to 7pm, for industries, ICCI told
ISLAMABAD: Islamabad Electricity Supply Company (IESCO) has reduced the duration of power outages for the industrial sector from five hours...
Iran, Turkish customs to seal a deal on border trade
TEHRAN: Turkish Customs Minister Nurettin Canikli announced that Turkey and Iran are planning to seal a deal between customs department...
Ford all set to release 2015 Ford Ranger in next few weeks
CANBERRA: Ford is set to release the 2015 Ford Ranger in the next few weeks but spy pics out of...
Renault Captur 2015 SVU Five-door front-wheel drive, 100kmh TCe 90 in 13 seconds for $22,990 in Australia
MELBOURNE: THE Renault Captur, which has delivered some remarkable figures around the world for the French motoring house, is now...
Pak rupee strengthens vs dollar, gains 5 paisa to reach 101
KARACHI: Pakistani rupee gained value on Friday against US dollar in interbank, however weakened in open market. As per the...
Vodafone India’s revenue growth rise nearly 18% to £937m in Q3 of 2014
NEW DEHLI: The Indian arm of British telecom major Vodafone reported 17.7 per cent rise in revenue, over 937 million...
Volkswagen launches 2015 Caddy in Australia for $21,753 with 2.0 litre four-cylinder turbocharged units
SYDNEY: Volkswagen has pulled the covers off its fourth-generation Caddy work van, promising improvements to fuel consumption and safety. The...
270,000 Range Rover Evoque units sold worldwide, Land Rover unveils 5-door 2015 model for $49,319
SYDNEY: Land Rover’s Range Rover Evoque is a compact luxury crossover that doesn’t compromise its capability for its style. Delivered...
Motorola rolls out Android 5.0 Lollipop update for Moto E in India
NEW DELHI: While Moto G and Moto X (both first- and second-generation models) have already received the Android 5.0 (Lollipop)...
With IMF approval, govt cuts FBR annual collection target by Rs119b to Rs2.691tr from Rs2.81t ISLAMABAD: To adjust the shortfalls witnessed in the first seven months (July-Jan) of this fiscal year, the government has reduced the Federal Board of Revenue’s (FBR) annual collection target by Rs119 billion to Rs2.691 trillion from the original Rs2.81 trillion. The target was revised after getting approval from the International Monetary Fund (IMF) during the sixth review in Dubai for the release of $518 million tranche, as per a source The target during the last fiscal year was revised five times because of the dismal performance of the tax department. The revenue collected during July-Jan 2014-15 was Rs1,338.946bn compared to Rs1,197.334bn last year, an increase of Rs141.612bn (11.82 per cent). It will now have to collect Rs1,352.052bn in the next five months (Feb-June) to meet the revised target. It collected Rs1,068.978bn during the same period last year.
ISLAMABAD: To adjust the shortfalls witnessed in the first seven months (July-Jan) of this fiscal year, the government has reduced...
Hubble captures rare triple moon shadow transit across Jupiter
LONDON: Hubble Space Telescope has captured three of Jupiter's moons marching across the huge planet's disc, a stunning sight that...
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