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Author Archives: CT Report

Astronaut Tim Peake prepares for historic trip to ISS


HONG KONG: Britain’s first official astronaut Tim Peake is in Kazakhstan counting down the days before his historic journey to the International Space Station (ISS) on December 15. The run-up to the launch is being spent setting up experiments, undergoing medical check-ups and physical training, and reviewing flight plans. During this time Major Peake, 43, and his two crew companions ... Read More »

Astronomer discovers faintest object ever seen in early universe


NEW YORK: Harnessing the combined power of NASA’s Hubble and Spitzer space telescopes, astronomers have found the faintest object ever seen in the early universe. It existed about 400 million years after the big bang, 13.8 billion years ago, the researchers estimated. The team has nicknamed the object Tayna, which means “first-born” in Aymara, a language spoken in the Andes ... Read More »

Export earning sees 13.73% growth in Nov 2015


DHAKA: Country’s export earnings in this November registered a healthy growth of 13.73 percent totaling $2,749.34 million against $2,417.43 million fetched during the corresponding period last year. The remarkable growth is attributed to moderate performance of knitwear, woven garment, jute and jute-made goods, agricultural and leather products. The single-month export performance was also 16.70 percent higher than the strategic target ... Read More »

NASA releases clearest black and white images of Pluto’s surface


EUROPE: NASA just released the clearest black and white images of Pluto’s surface that could define what humans will think of the dwarf planet for decades. The New Horizons Spacecraft beamed back to Earth tons of close up images of Pluto showing its craters, mountains, icy surface and a 50-mile-wide glacial terrain. The spacecraft made it closest and complete flyby ... Read More »

John Deere India 10% jump in exports in FY16


NEW DELHI: Tractor maker John Deere India is aiming for a 10 per cent jump in exports at 27,500 units this fiscal on likely increase in demand for its new models in countries like the US and Thailand. The Pune-based company had exported 25,000 units worth Rs 2,750 crore in the 2014-15 fiscal (November-October) to countries including the US, Europe, ... Read More »

Bangladesh earns $12.88b from exports in first 5 months of ongoing fiscal


DHAKA: Bangladesh has earned $12.88 billion from exports in the first five months of the ongoing fiscal, registering a 6.71 percent rise over the same period the previous financial year. The income in this past November also surged 13.73 percent from the same month last year. Export Promotion Bureau’s Vice-Chairman Shubhashish Basu and BKMEA President AKM Selim Osman think political ... Read More »

Biblical King’s seal found in a dump site


MALI: No one would have thought that rare piece of artifact from the 8th century, a Biblical King’s seal will be found in a dump site.The seal was for a papyrus document signed by one of the kings of Judah. The piece of clay was hidden so well that it took 2,700 years for it to be discovered in Jerusalem. ... Read More »

US space agenc releases best close-ups of Pluto


WASHINGTON: The US space agency has released a series of sharp Pluto snapshots, billing them as the best close-ups of the dwarf planet we may see for decades. On July 14, NASA’s New Horizons became the first spacecraft to pass by Pluto, offering scientists unprecedented insight. Previously released high-resolution images from that historic flyby have revealed unparalleled geographical variety on the ... Read More »

Bid to smuggle 1,600 litres Iranian diesel foiled in Machh


QUETTA: The local police Monday foiled a bid to smuggle 1,600 litres Iranian diesel in Machh area of Bolan district. Police sources said that a police team checked a Sindh-bound truck and seized 1,600 litres of illegal Iranian diesel after arresting its driver. Read More »

Tokyo stocks advance at end of trade, Nikkei 225 gains 193.67pts


TOKYO: Tokyo stocks closed higher Monday as robust U.S. jobs data at the end of last week underscored expectations that the U.S. Federal Reserve will hike its key interest rates this month in a surefire sign the world’s largest economy is back on track. The 225-issue Nikkei Stock Average gained 193.67 points, or 0.99 percent, from Friday to close the ... Read More »

South Korean stocks jump at end of trade, KOSPI down 0.5%


SEOUL: South Korean shares erased early gains to end lower on Monday, as foreigners sold for a fourth straight session. The Korea Composite Stock Price Index (KOSPI) closed down 0.5 per cent at 1,963.67 points. Early in the session, it had shown a gain of 0.7 per cent to peak at 1,988.04 points. Foreigners sold a net 147.7 billion won ... Read More »

SNGPL restores gas supply to Punjab CNG stations


LAHORE: The compressed natural gas (CNG) filling stations have been reopened as the Sui Northern Gas Pipelines Limited (SNGPL) Monday restored gas supply to all the CNG stations in Punjab. According to a spokesman of SNGPL, gas supply to filling stations would continue till further directives in this regard. Meanwhile, All Pakistan CNG Association (APCNGA) has lauded the government for ... Read More »

Punjab govt launches Rs20m scholarships for minority students

Punjab Government

LAHORE: The Punjab government has announced to start need-based scholarship scheme for deserving students from minorities living across the province in various categories of education. Punjab Department for Minorities Affairs and Human Rights Punjab launched this scheme with an initial amount of Rs20 million. Under the scheme, minority students obtaining education in government institutions from Matriculation to post-graduate level, including ... Read More »

Pakistan to rise as big economic power in world soon: Kirmani

Dr Asif Kirmani

ISLAMABAD: Pakistan would rise as a big economic power in the world soon, said Special Assistant to Prime Minister for Political Affairs Dr Asif Kirmani. He said that Pakistan is making progress by leaps and bounds under the leadership of Prime Minister Nawaz Sharif and Chief Minister Shehbaz Sharif, adding that the capital city of Pakistan would be made one ... Read More »

FBR achieves Rs 229 billion in November

fbr target november

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NAB to market Int’l Anti-Corruption day on 9th


LAHORE: The National Accountability Bureau (NAB), along with the other world organisations, is marking the International Anti-Corruption day on Dec 9 to create awareness among people. The NAB is organising different events to mark the day. Governments, the private sector, non-governmental organizations, the media and citizens around the world are joining forces to fight this crime, under the banner of ... Read More »

Tax defaulters name to be put on ECL

ecl cartoon

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Shipping intelligence report of KPT


KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on Monday. ALONG SIDE (Bulk Oil Pier): Berth No Ship Working Agent Berthing Date OP-I Formosa Falcon D. Petrol Alpine 04/12/15 OP-II Al Mahboobah D. Chemial GAC 06/12/15 OP-III SC Zhuhai D. Petrol Alpine 05/12/15 ALONG SIDE (East Wharves): 1/2 Ponente ... Read More »

S. Korea’s automobile exports fall 3.5% in Nov


SEOUL:  South Korea’s automobile exports fell in November from a year earlier on weaker demand from emerging markets, the government said Monday. Outbound shipments of vehicles came to 263,687 units last month, down 3.5 percent from a year earlier, according to the Ministry of Trade, Industry and Energy. From the previous month, however, exports were up 5.6 percent. “Exports to the ... Read More »

Malaysia’s halal exports continue to grow in Q2 of 2015


KUALA LUMPUR: Malaysia’s halal exports continue to grow, and this augurs well for the economy as the global halal trade is expected to expand enormously, with the country having the potential to serve as a halal hub. THE contribution of halal products to Malaysia’s economy continues to grow with exports reaching RM19.5bil in the second quarter (Q2) of this year, ... Read More »