AGL 37.89 Decreased By ▼ -0.26 (-0.68%)
AIRLINK 124.10 Increased By ▲ 2.59 (2.13%)
BOP 5.67 Decreased By ▼ -0.18 (-3.08%)
CNERGY 3.75 No Change ▼ 0.00 (0%)
DCL 8.55 Increased By ▲ 0.15 (1.79%)
DFML 40.48 Decreased By ▼ -0.41 (-1%)
DGKC 87.10 Increased By ▲ 2.50 (2.96%)
FCCL 33.98 Increased By ▲ 1.28 (3.91%)
FFBL 66.01 Increased By ▲ 0.51 (0.78%)
FFL 10.20 Increased By ▲ 0.15 (1.49%)
HUBC 104.45 Increased By ▲ 0.65 (0.63%)
HUMNL 13.45 Increased By ▲ 0.20 (1.51%)
KEL 4.78 Increased By ▲ 0.35 (7.9%)
KOSM 6.84 Decreased By ▼ -0.25 (-3.53%)
MLCF 38.84 Increased By ▲ 1.34 (3.57%)
NBP 60.35 Increased By ▲ 0.10 (0.17%)
OGDC 179.65 Increased By ▲ 7.40 (4.3%)
PAEL 24.97 Increased By ▲ 0.17 (0.69%)
PIBTL 5.71 Increased By ▲ 0.01 (0.18%)
PPL 153.00 Increased By ▲ 11.31 (7.98%)
PRL 22.79 Increased By ▲ 0.07 (0.31%)
PTC 14.91 Increased By ▲ 0.17 (1.15%)
SEARL 66.85 Increased By ▲ 2.29 (3.55%)
TELE 7.01 Decreased By ▼ -0.13 (-1.82%)
TOMCL 35.70 Increased By ▲ 0.20 (0.56%)
TPLP 7.32 Increased By ▲ 0.03 (0.41%)
TREET 13.99 Decreased By ▼ -0.21 (-1.48%)
TRG 50.95 Decreased By ▼ -0.80 (-1.55%)
UNITY 26.40 Decreased By ▼ -0.20 (-0.75%)
WTL 1.23 Increased By ▲ 0.01 (0.82%)
BR100 9,717 Increased By 233.5 (2.46%)
BR30 29,237 Increased By 866.2 (3.05%)
KSE100 90,860 Increased By 1893.1 (2.13%)
KSE30 28,458 Increased By 630.4 (2.27%)
Nov 02, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-05-23
Import of cement: Duty should be increased to 25 percent: APCMA chairman

Import of cement: Duty should be increased to 25 percent: APCMA chairman

Chairman of All Pakistan Cement Manufacturers Association (APCMA) Muhammad Ali Tabba has suggested the government that the present meagre one percent customs duty on import of cement should be enhanced to 25 percent to discourage the imports. Inaction aga
Published 23 May, 2015 12:00am
UAF signs MoU with Korean Corporation

UAF signs MoU with Korean Corporation

The University of Agriculture Faisalabad (UAF) and Korea Rural Community Corporation have signed a Memorandum of Understanding (MoU) to strengthen and develop co-operation in the field of agriculture and rural development. MoU was signed by President of K
Published 23 May, 2015 12:00am
Government taking drastic steps to enhance exports: APBUMA chairman

Government taking drastic steps to enhance exports: APBUMA chairman

Chairman of All Pakistan Bedsheet and Upholstery Manufacturers Association (APBUMA) Khawaja Jalaluddin Roomi has said that government is taking drastic steps for the development and promotion of value added sector which can play a vital role to increase t
Published 23 May, 2015 12:00am
PTEA seeks incentives to boost exports

PTEA seeks incentives to boost exports

Textile exporters have urged upon the government to announce special incentives for the sector in the next budget to boost the country's exports. Sohail Pasha, Chairman, and Rizwan Riaz Saigal, Vice-Chairman, Pakistan Textile Exporters Association (PTEA),
Published 23 May, 2015 12:00am
FCCI chief calls for construction of dams

FCCI chief calls for construction of dams

Sufficient and cheap electricity is imperative to gain 8 percent GDP growth and give a quantum jump to economic activities but the government has to build dams on top priority basis to achieve this objective, said Engr Rizwan Ashraf, President, Faisalabad
Published 23 May, 2015 12:00am
Khawaja takes oath

Khawaja takes oath

Speaker Rana Muhammad Iqbal here on Friday took oath from Khawaja Naseer (President), Qamar Jabbar (Secretary) of press gallery of Punjab assembly. On the occasion, he asked journalists to work hard so their good work would result in strengthening of the
Published 23 May, 2015 12:00am
Punjab, Sindh sizzle amid power outages

Punjab, Sindh sizzle amid power outages

As weather remained hot and dry in most parts of the country on Friday and mercury topped 49 degree Celsius in some parts of Sindh and Balochistan provinces, the people living in plains of Punjab and Sindh sizzled in the heat amid frequent electricity out
Published 23 May, 2015 12:00am
Warid Telecom marks its 10th year of service excellence

Warid Telecom marks its 10th year of service excellence

Warid Telecom, an Abu Dhabi Group owned company, marks its 10th year of service excellence in Pakistan. Within its first decade, the company has earned a name in the market indicating quality & reliability. Recognised as Pakistan's most trusted cellular s
Published 23 May, 2015 12:00am
LCCI urges Punjab not to ban one-dish feast

LCCI urges Punjab not to ban one-dish feast

The Lahore Chamber of Commerce and Industry (LCCI) has urged the Punjab government not to ban one-dish, arguing that the action could harm wedding halls and catering businesses. In his speech to a delegation of wedding halls, Vice President Syed Mahmood G
Published 23 May, 2015 12:00am
WWF-Pakistan celebrates International Biological Diversity Day

WWF-Pakistan celebrates International Biological Diversity Day

WWF-Pakistan celebrated International Day for Biological Diversity in Nathiagali to increase understanding and awareness of biodiversity issues. A drawing competition was organized to sensitise school students on nature conservation and sustainable consum
Published 23 May, 2015 12:00am
British delegation visits PBIT

British delegation visits PBIT

The Punjab Board of Investment and Trade have welcomed the Baroness Mobarik CBE, House of Lords from Britain at the Lahore office. Chief executive Officer and for Renoir Global (Pvt) Ltd Chairman Umer Faruqi accompanied the baroness. The visit reflected t
Published 23 May, 2015 12:00am
ICAP holds 4th Saudi-Pak accountancy symposium in Riyadh

ICAP holds 4th Saudi-Pak accountancy symposium in Riyadh

Under the patronage of His Excellency the Minister of Commerce and Industry Saudi Arabia and supported by Saudi Organisation for Certified Public Accountants (SOCPA), the Institute of Chartered Accountants of Pakistan (ICAP) KSA Chapter held their 4th Sau
Published 23 May, 2015 12:00am
Teli urges businessmen to take to the streets against GIDC

Teli urges businessmen to take to the streets against GIDC

Chairman Businessmen Group (BMG) and former president of Karachi Chamber of Commerce and Industry (KCCI), Siraj Kassam Teli, while strongly criticising the passage of Gas Infrastructure Development Cess (GIDC) Bill 2015 by the Senate, urged the business a
Published 23 May, 2015 12:00am
Man killed, FC personnel hurt in Quetta blast

Man killed, FC personnel hurt in Quetta blast

A man was killed and four others including Frontier Corps (FC) personnel were injured when a bomb exploded near a security forces vehicle here on Friday. Police said that the incident occurred near a hotel on Qambrani road area on the outskirts of the cit
Published 23 May, 2015 12:00am
German delegation visits CDC

German delegation visits CDC

A delegation of The Consulate General of Germany visited the premises of the Central Depository Company of Pakistan. The delegation was headed by Dr Tilo Klinner, Consul General and he was accompanied by Hans-Juergen Paschke, Consul & Deputy Head of Missi
Published 23 May, 2015 12:00am
German delegation visits CDC

German delegation visits CDC

A delegation of The Consulate General of Germany visited the premises of the Central Depository Company of Pakistan. The delegation was headed by Dr Tilo Klinner, Consul General and he was accompanied by Hans-Juergen Paschke, Consul & Deputy Head of Missi
Published 23 May, 2015 12:00am
Brain-eating amoeba claims one more life

Brain-eating amoeba claims one more life

Another person died of naegleria fowleri, also called brain-eating amoeba, on Friday, raising the death toll caused by the dreadful disease to four in Sindh. Sources said that two days back a 43-year-old Sarfaraz was shifted to a private hospital of the c
Published 23 May, 2015 12:00am
Punjab Drug Policy under study

Punjab Drug Policy under study

Advisor on Health Khawaja Salman Rafique has said that steps will be taken for ensuring provision of quality medicines, elimination of business of spurious drugs and checking sale of life-saving drugs without prescription. "After the 18th Amendment, strat
Published 23 May, 2015 12:00am
Corps Commander meets Sindh Governor, chief minister

Corps Commander meets Sindh Governor, chief minister

Corps Commander Karachi, Lieutenant General Naveed Mukhtar, met Sindh Governor Dr Ishrat-ul-Ibad and Chief Minister Qaim Ali Shah, here at Governor's House on Friday. The process of implementation of the Apex committee decisions was discussed during the m
Published 23 May, 2015 12:00am
Raw material imports under SRO655

Raw material imports under SRO655

The Pakistan Association of Automotive Parts and Accessories Manufacturer (PAAPAM) have appealed to the FBR Chairman to immediately withdraw regulatory duty (RD) on imports of raw materials (CRC/HRC/Pipes/Tubes) by auto parts manufacturers under SRO 655.
Published 23 May, 2015 12:00am
France hits reverse on sinking tyres for artificial reefs

France hits reverse on sinking tyres for artificial reefs

Tourists and film stars hitting the beach at the French Riviera resort of Cannes may be blissfully unaware but lurking beneath the sparkling waves are tens of thousands of now troublesome scrap tyres, sunk deliberately to boost marine development. Back in
Published 23 May, 2015 12:00am
The smokescreen-mystery of tax amnesty and inward remittance
Currency

The smokescreen-mystery of tax amnesty and inward remittance

Short cuts and political expediency have effectively eroded many possibilities of documentation of economy, being the only mean to improve tax-to GDP ratio. One such glaring incidence is a sub-section of the Income Tax Ordinance, 2001, which consist only
Published 23 May, 2015 12:00am
Economic consequences of fear

Economic consequences of fear

The time will come when we will forget the fear caused by the Karachi carnage. We had inside of one year already forgotten the Peshawar School attack. We are not the only nation that has had this kind of amnesia. Others have it too. Our political leaders
Published 23 May, 2015 12:00am
Dance of death on boats

Dance of death on boats

Finally, humanity has prevailed: Indonesia and Malaysia have offered shelter to 7000 'boat people' adrift at high sea for the last many weeks. They were denied landing by show of force by the two countries, rebuffing appeals from a number of human rights
Published 23 May, 2015 12:00am
Most shocking

Most shocking

It comes as a shock to hear that the murder of Sabeen Mahmood and the massacre of 45 Ismailis were two different dastardly acts that were allegedly committed by four individuals who never went to a madarasah (religious seminary) but were educated in a top
Published 23 May, 2015 12:00am
Torkham-Jalalabad Road

Torkham-Jalalabad Road

One of the upshots of the Prime Minister Nawaz Sharif-led delegation's Kabul visit last week was Pakistan's commitment to start work on the Torkham-Jalalabad Road, and that work has begun. This is one such tangible delivery from Pakistan the outside world
Published 23 May, 2015 12:00am
'Dad bods' conquer Cannes

'Dad bods' conquer Cannes

The movie industry's obsession with slim figures and six-packs is notorious but if the Cannes Film Festival is anything to go by, a generous gut may now be key to winning critics' hearts. Stars ranging from Colin Farrell, Joaquin Phoenix and France's larg
Published 23 May, 2015 12:00am
Insurgents in Syria seize hospital from army

Insurgents in Syria seize hospital from army

Insurgents on Friday seized a hospital from Syrian government forces who had been besieged there since late April, the Syrian Observatory for Human Rights said, another gain by rebels who have dealt a series of blows to President Bashar al-Assad. Syrian s
Published 23 May, 2015 12:00am
State Department releases first Clinton emails on Libya

State Department releases first Clinton emails on Libya

The State Department on Friday released a first batch of emails by Hillary Clinton, giving an unprecedented glimpse into the work of the former top diplomat in the wake of a deadly 2012 attack on a US mission in Libya. The emails have stoked fresh controv
Published 23 May, 2015 12:00am
Ukraine court orders arrest of two 'Russian soldiers'

Ukraine court orders arrest of two 'Russian soldiers'

A Kiev court on Friday ordered two suspected Russian soldiers who were captured by Ukrainian troops in the separatist east to be placed in pre-trial detention until July 19. Ukraine has charged Captain Yevgeny Yerofeyev and Sergeant Aleksander Aleksandrov
Published 23 May, 2015 12:00am
No US-Cuba deal on embassies; talks to continue

No US-Cuba deal on embassies; talks to continue

Talks between the United States and Cuba failed to nail down an agreement on restoring diplomatic ties and will stretch into a new round, officials from both sides said Friday. "Both delegations agreed to continue our exchanges on issues related to the fu
Published 23 May, 2015 12:00am
Saudi-led coalition pounds Yemen rebels in three cities

Saudi-led coalition pounds Yemen rebels in three cities

Warplanes from the Saudi-led coalition pounded Shia rebels across three Yemeni cities on Friday, as Riyadh reported the death of a Saudi child from cross-border fire. The coalition has stepped up raids on positions held by the Houthi Shia rebels and their
Published 23 May, 2015 12:00am
IS suicide bomber in deadly strike on Saudi Shia mosque

IS suicide bomber in deadly strike on Saudi Shia mosque

An Islamic State group suicide bomber attacked a Shia mosque in Sunni-ruled Saudi Arabia on Friday, killing and wounding several people in an assault that threatens to fan sectarian tensions. The bomber struck during the main weekly prayers in Eastern Pro
Published 23 May, 2015 12:00am
Colombia's FARC rebels suspend ceasefire

Colombia's FARC rebels suspend ceasefire

Colombia's FARC guerrillas suspended their unilateral ceasefire Friday after a government air strike killed 26 rebels, plunging peace talks to end the five-decade conflict into a new crisis. The December ceasefire announcement by the Revolutionary Armed F
Published 23 May, 2015 12:00am
Dutch government to start selling ABN Amro this year

Dutch government to start selling ABN Amro this year

The Dutch government decided Friday to start selling state-owned bank ABN Amro seven years after it was nationalised during the financial crisis. "A first part will be sold from the fourth quarter," Finance Minister Jeroen Dijsselbloem told journalists af
Published 23 May, 2015 12:00am
Cameron launches EU reform drive, admits will not be easy
Currency

Cameron launches EU reform drive, admits will not be easy

British Prime Minister David Cameron said on Friday he was confident of winning concessions from European Union leaders before he asks voters whether Britain should stay in the bloc. After his Conservative Party won an unexpected majority in a May 7 elect
Published 23 May, 2015 12:00am
Wal-Mart pushes US meat suppliers to limit antibiotics

Wal-Mart pushes US meat suppliers to limit antibiotics

Wal-Mart Stores called Friday for meat suppliers to their US operations to curb the use of antibiotics and follow globally recognised guidelines on humane treatment of farm animals. The push was directed at suppliers to Walmart US and Sam's Club, which co
Published 23 May, 2015 12:00am
Three killed by two grenades in Burundi capital

Three killed by two grenades in Burundi capital

Three people were killed Friday by a double grenade attack by unknown assailants in the centre of the Burundian capital Bujumbura, the deputy police chief said. "Two grenades exploded in the city centre... they killed three people and injured several othe
Published 23 May, 2015 12:00am
Turkish police swoop on Erdogan foes, dozens detained

Turkish police swoop on Erdogan foes, dozens detained

Turkish police launched an operation on Friday to detain dozens of people including businessmen seen as supporters of US-based Muslim cleric Fethullah Gulen, President Tayyip Erdogan's ally-turned-foe, a provincial governor's office said. Moves against wh
Published 23 May, 2015 12:00am
US MIDDAY: wheat and corn ease

US MIDDAY: wheat and corn ease

US wheat and corn futures each fell as much as 1 percent on Friday, reversing from earlier gains in a technical selloff as the dollar rallied against a basket of global currencies. Soyabean futures also edged lower in overall thin volumes at the Chicago B
Published 23 May, 2015 12:00am
US MIDDAY: gold dips

US MIDDAY: gold dips

Gold eased on Friday, on course for its first weekly decline in four weeks, after US Federal Reserve Chair Janet Yellen said she expected an interest rate hike this year. The dollar extended gains following the speech, after initially climbing on a strong
Published 23 May, 2015 12:00am
Palm oil slips

Palm oil slips

Malaysian palm oil futures fell on Friday and hit their lowest level in 3 weeks, snapping a two-week uptrend, on rising scepticism among investors about the sustainability of the robust export demand seen this month. Palm futures in Malaysia, which set th
Published 23 May, 2015 12:00am
Arabica at lowest since January 2014

Arabica at lowest since January 2014

Arabica coffee futures on ICE fell to the lowest levels in more than a year on Friday, on chart-base selling and pressure from a bearish report, while raw sugar fell to a seven-week low after a report showed huge global stocks. London cocoa futures rose t
Published 23 May, 2015 12:00am
Wheat jumps

Wheat jumps

US wheat futures rose more than 1 percent on Thursday, lifted by worries that US rains could reduce grain quality and that dry conditions in Russia and Canada would stress crops. Chicago Board of Trade corn futures also jumped, rising in sympathy with whe
Published 23 May, 2015 12:00am
Gold down in New York

Gold down in New York

Gold fell on Thursday as the dollar cut losses on US data that showed growing economic momentum, but support came from signs the Federal Reserve was unlikely to raise interest rates in June. The number of Americans filing new claims for unemployment benef
Published 23 May, 2015 12:00am
Gold steadies in Asia

Gold steadies in Asia

Gold held steady above $1,200 an ounce on Friday, but was on course for its steepest weekly decline in four weeks as the dollar regained momentum, hurting the metal's safe-haven appeal. Spot gold ticked up 0.2 percent to $1,208.19 an ounce by 0643 GMT, af
Published 23 May, 2015 12:00am
Gold falls in Europe

Gold falls in Europe

Gold fell on Friday, on course for its biggest weekly decline in four weeks, as the dollar rebounded after a stronger-than-expected rise in US core consumer prices in April. Spot gold, higher initially, fell 0.2 percent to $1,203.60 an ounce by 1415 GMT.
Published 23 May, 2015 12:00am
Rubber rises

Rubber rises

Benchmark Tokyo rubber futures rose for a second day on Friday, following a stronger Shanghai market, but it booked a third weekly loss as investors were reluctant to step up buying after seeing a 13-month high last week, dealers said. The Tokyo Commodity
Published 23 May, 2015 12:00am
Cotton posts largest weekly loss in six months on stronger dollar
Cotton

Cotton posts largest weekly loss in six months on stronger dollar

ICE cotton futures fell for the fifth straight session, ending their worst week in more than six months as a stronger dollar continued to prompt speculator liquidation, though traders noted prices remained locked in a tight trading range. "We're back at t
Published 23 May, 2015 12:00am
Shanghai copper gains

Shanghai copper gains

The most-traded July copper on the Shanghai Futures Exchange gained 0.3 percent to end at 45,110 yuan ($7,278) a tonne on Friday with prices unlikely to stage a sharp recovery unless Chinese demand picks up. Shanghai nickel fell 1.4 percent to 100,070 yua
Published 23 May, 2015 12:00am
Copper falls, nickel stocks hit record high

Copper falls, nickel stocks hit record high

Copper prices fell on Friday on worries about demand in top consumer China, while nickel hit a four-week low after stocks in LME-registered warehouses climbed to a record high. Three-month copper was untraded at the close but bid at $6,161 a tonne from $6
Published 23 May, 2015 12:00am
Oil down two percent ahead of long US Memorial Day weekend

Oil down two percent ahead of long US Memorial Day weekend

Oil fell about 2 percent on Friday as a rallying dollar and profit-taking ahead of a long US holiday weekend cut short a two-day run-up in crude prices. Heating oil, a proxy play for diesel, also fell almost lost 2 percent while gasoline lost more than 1
Published 23 May, 2015 12:00am
President summons joint session on June 4

President summons joint session on June 4

President Mamnoon Hussain has summoned both Houses of the Parliament to assemble together in the Parliament House on June 4 (Thursday) at 11.00am. According to a notification issued here on Friday, the joint session has been summoned by the President in e
Published 23 May, 2015 12:00am
CAA Porter conferred Commendation Certificate

CAA Porter conferred Commendation Certificate

Air Marshal Muhammad Yousuf (Retd) Director General Pakistan Civil Aviation Authority conferred DG's Commendation Certificate on Tanveer Khan CAA Porter at a graceful ceremony at Benazir Bhutto International Airport on Friday. An official of CAA told B
Published 23 May, 2015 12:00am
Chinese investors, KP governor discuss security issues

Chinese investors, KP governor discuss security issues

A delegation of Chinese investors called on Governor Khyber Pakhtunkhwa Sardar Mahtab Ahmad Khan here at Governor's House on Friday. The delegation was headed by Zhang Yaun (Manager of Zhongnan Engineering Corporation Limited) and discussed specifically a
Published 23 May, 2015 12:00am
Sial's appointment as Sindh home minister invites criticism

Sial's appointment as Sindh home minister invites criticism

The appointment of Suhail Anwar Sial, reportedly a close aide of Faryal Talpur, sister of PPP co-chairman Asif Ali Zardari, as Home Minister Sindh has baffled analysts. Sial was working as a co-ordinator to Faryal Talpur, a position akin to personal secre
Published 23 May, 2015 12:00am
Pharma companies raise prices of certain drugs

Pharma companies raise prices of certain drugs

Pharmaceutical manufacturers have drastically increased the prices of some drugs, but on the other hand herbal medicine producers have increased the prices of entire range of their products within a month, a survey conducted by Business Recorder re
Published 23 May, 2015 12:00am
KP working on draft monetization policy

KP working on draft monetization policy

Khyber Pakhtunkhwa Minister Assembly was Friday told that the provincial government is working on a draft monetization policy for arresting the misuse of official resources by public servants. This revealed by Khyber Pakhtunkhwa Minister for Public Health
Published 23 May, 2015 12:00am
PTI fails to present evidence: PML-N

PTI fails to present evidence: PML-N

The PMLN leaders claimed on Friday that Pakistan Tehreek-e-Insaf has failed to produce evidences to back their allegation of rigging in the judicial commission. A three-member commission headed by Chief Justice Nasirul Mulk and comprising Justice Amir Han
Published 23 May, 2015 12:00am
Record of testimonies: GEIC summons incumbent, former secretaries of ECP

Record of testimonies: GEIC summons incumbent, former secretaries of ECP

The General Election 2013 Inquiry Commission (GEIC) on Friday summoned two witnesses - incumbent and former secretaries Election Commission of Pakistan (ECP) Babar Yaqoob Fateh Muhammad and Ishtiaq Ahmed Khan, respectively, to record their testimonies on
Published 23 May, 2015 12:00am
Senate Chairman for regional moot on terrorism

Senate Chairman for regional moot on terrorism

Chairman Senate Mian Raza Rabbani on Friday proposed the idea of holding a regional seminar on terrorism inviting regional states to share their experiences in countering the menace. He was of the view that most of the South Asian countries had directly o
Published 23 May, 2015 12:00am
Budget makers work out 18 SROs for removal

Budget makers work out 18 SROs for removal

The Federal Board of Revenue (FBR) may withdraw income tax Statutory Regulatory Orders (SROs) which are time-bound, misplaced/misclassified, redundant or minimally utilised under the government''''s policy to phase out SROs in budget (2015-16), it is lear
Published 23 May, 2015 12:00am
Budget makers work out 18 SROs for removal

Budget makers work out 18 SROs for removal

The Federal Board of Revenue (FBR) may withdraw income tax Statutory Regulatory Orders (SROs) which are time-bound, misplaced/misclassified, redundant or minimally utilised under the government''s policy to phase out SROs in budget (2015-16), it is learnt
Published 23 May, 2015 12:00am
Budget makers work out 18 SROs for removal

Budget makers work out 18 SROs for removal

The Federal Board of Revenue (FBR) may withdraw income tax Statutory Regulatory Orders (SROs) which are time-bound, misplaced/misclassified, redundant or minimally utilised under the government's policy to phase out SROs in budget (2015-16), it is learnt.
Published 23 May, 2015 12:00am
Budget makers work out 18 SROs for removal

Budget makers work out 18 SROs for removal

The Federal Board of Revenue (FBR) may withdraw income tax Statutory Regulatory Orders (SROs) which are time-bound, misplaced/misclassified, redundant or minimally utilised under the government's policy to phase out SROs in budget (2015-16), it is learnt.
Published 23 May, 2015 12:00am
Sales officers of Axact record statements

Sales officers of Axact record statements

A Federal Investigation Agency''s team probing an alleged fake degree scam on Friday recorded the statements of two sales officers of Axact, the IT company. Sources said that Hasnain-ur-Rehman and Sajjad Haider, sales officers, submitted their written sta
Published 23 May, 2015 12:00am
Sales officers of Axact record statements

Sales officers of Axact record statements

A Federal Investigation Agency's team probing an alleged fake degree scam on Friday recorded the statements of two sales officers of Axact, the IT company. Sources said that Hasnain-ur-Rehman and Sajjad Haider, sales officers, submitted their written stat
Published 23 May, 2015 12:00am
Sales officers of Axact record statements

Sales officers of Axact record statements

A Federal Investigation Agency's team probing an alleged fake degree scam on Friday recorded the statements of two sales officers of Axact, the IT company. Sources said that Hasnain-ur-Rehman and Sajjad Haider, sales officers, submitted their written stat
Published 23 May, 2015 12:00am
President of Belarus due on May 26

President of Belarus due on May 26

President Alexander Lukashenko of Belarus will arrive on Tuesday on a two-day official visit to Pakistan, Foreign Office said. "President Alexander Lukashenko of Belarus is visiting Islamabad on May 26-27 at the invitation of the President of Pakistan. Th
Published 23 May, 2015 12:00am
President of Belarus due on May 26

President of Belarus due on May 26

President Alexander Lukashenko of Belarus will arrive on Tuesday on a two-day official visit to Pakistan, Foreign Office said. "President Alexander Lukashenko of Belarus is visiting Islamabad on May 26-27 at the invitation of the President of Pakistan. Th
Published 23 May, 2015 12:00am
Obama sells Iran deal directly to US Jews

Obama sells Iran deal directly to US Jews

Amid a bitter public fight with Israel's government, President Barack Obama on Friday donned a yarmulke and pitched his nuclear deal with Iran and the case for a Palestinian state directly to US Jews. Visiting Washington's conservative Adas Israel synagog
Published 23 May, 2015 12:00am
Obama sells Iran deal directly to US Jews

Obama sells Iran deal directly to US Jews

Amid a bitter public fight with Israel's government, President Barack Obama on Friday donned a yarmulke and pitched his nuclear deal with Iran and the case for a Palestinian state directly to US Jews. Visiting Washington's conservative Adas Israel synagog
Published 23 May, 2015 12:00am
Nawaz-Nisar meeting in 24 hours

Nawaz-Nisar meeting in 24 hours

Strenuous efforts are under way to remove difference between Prime Minister Nawaz Sharif and the estranged Interior Minister Chaudhry Nisar Ali Khan. Informed sources told INP that efforts are afoot to arrange a meeting between the Prime Minister and the
Published 23 May, 2015 12:00am
Nawaz-Nisar meeting in 24 hours

Nawaz-Nisar meeting in 24 hours

Strenuous efforts are under way to remove difference between Prime Minister Nawaz Sharif and the estranged Interior Minister Chaudhry Nisar Ali Khan. Informed sources told INP that efforts are afoot to arrange a meeting between the Prime Minister and the
Published 23 May, 2015 12:00am
Petition dismissed

Petition dismissed

The Lahore High Court on Friday dismissed a 25-year-old petition against the premier for his alleged involvement in money laundering as it was found un-maintainable.
Published 23 May, 2015 12:00am
Petition dismissed

Petition dismissed

The Lahore High Court on Friday dismissed a 25-year-old petition against the premier for his alleged involvement in money laundering as it was found un-maintainable.
Published 23 May, 2015 12:00am
Eiffel Tower shut as staff walk out over pickpockets

Eiffel Tower shut as staff walk out over pickpockets

Paris's iconic Eiffel Tower was shut to tourists on Friday as staff walked off the job to protest a surge in gangs of pickpockets roaming around the monument. The closure of one of the busiest tourist attractions in the French capital ahead of a long holi
Published 23 May, 2015 12:00am
Eiffel Tower shut as staff walk out over pickpockets

Eiffel Tower shut as staff walk out over pickpockets

Paris's iconic Eiffel Tower was shut to tourists on Friday as staff walked off the job to protest a surge in gangs of pickpockets roaming around the monument. The closure of one of the busiest tourist attractions in the French capital ahead of a long holi
Published 23 May, 2015 12:00am
Erdogan opens Turkey''s ''first island airport'' ahead of polls

Erdogan opens Turkey''s ''first island airport'' ahead of polls

Turkish President Recep Tayyip Erdogan on Friday opened a major new airport on the Black Sea, touted as the first in Europe built on a man-made island, the latest major infrastructure project to be unveiled ahead of June 7 elections. Erdogan attended the
Published 23 May, 2015 12:00am
Erdogan opens Turkey's 'first island airport' ahead of polls

Erdogan opens Turkey's 'first island airport' ahead of polls

Turkish President Recep Tayyip Erdogan on Friday opened a major new airport on the Black Sea, touted as the first in Europe built on a man-made island, the latest major infrastructure project to be unveiled ahead of June 7 elections. Erdogan attended the
Published 23 May, 2015 12:00am
Erdogan opens Turkey's 'first island airport' ahead of polls

Erdogan opens Turkey's 'first island airport' ahead of polls

Turkish President Recep Tayyip Erdogan on Friday opened a major new airport on the Black Sea, touted as the first in Europe built on a man-made island, the latest major infrastructure project to be unveiled ahead of June 7 elections. Erdogan attended the
Published 23 May, 2015 12:00am
Dutch cabinet backs partial burqa ban

Dutch cabinet backs partial burqa ban

The Dutch cabinet on Friday approved a partial ban on wearing the face-covering Islamic veil, including in schools, hospitals and on public transport. "Face-covering clothing will in future not be accepted in education and healthcare institutions, governm
Published 23 May, 2015 12:00am
Dutch cabinet backs partial burqa ban

Dutch cabinet backs partial burqa ban

The Dutch cabinet on Friday approved a partial ban on wearing the face-covering Islamic veil, including in schools, hospitals and on public transport. "Face-covering clothing will in future not be accepted in education and healthcare institutions, governm
Published 23 May, 2015 12:00am
The Weather

The Weather

The weather report on Friday (May 22, 2015) and the forecast for Saturday (May 23, 2015).

Published 23 May, 2015 12:00am
Promotion cases: IHC asks government to file response

Promotion cases: IHC asks government to file response

Islamabad High Court (IHC) on Friday clubbed around 30 petitions filed against recent promotions of civil servants and sought a response from the federal government by May 28. Identical petitions were filed in the IHC by the superseded officers from Pakis
Published 23 May, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (May 22, 2015).

Published 23 May, 2015 12:00am
Promotion cases: IHC asks government to file response

Promotion cases: IHC asks government to file response

Islamabad High Court (IHC) on Friday clubbed around 30 petitions filed against recent promotions of civil servants and sought a response from the federal government by May 28. Identical petitions were filed in the IHC by the superseded officers from Pakis
Published 23 May, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (May 22, 2015).

Published 23 May, 2015 12:00am
Promotion cases: IHC asks government to file response

Promotion cases: IHC asks government to file response

Islamabad High Court (IHC) on Friday clubbed around 30 petitions filed against recent promotions of civil servants and sought a response from the federal government by May 28. Identical petitions were filed in the IHC by the superseded officers from Pakis
Published 23 May, 2015 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 23 May, 2015 12:00am
Promotion cases: IHC asks government to file response

Promotion cases: IHC asks government to file response

Islamabad High Court (IHC) on Friday clubbed around 30 petitions filed against recent promotions of civil servants and sought a response from the federal government by May 28. Identical petitions were filed in the IHC by the superseded officers from Pakis
Published 23 May, 2015 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 23 May, 2015 12:00am
Nepra cuts Rs 1.74 per unit tariff for K-Electric

Nepra cuts Rs 1.74 per unit tariff for K-Electric

Nepra has approved K-Electric''s request to reduce power tariff by Rs 1.74 per unit under the monthly fuel surcharge adjustment for the month of February 2015. According to KE''s press statement, the power utility requested the regulatory body to reduce p
Published 23 May, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (May 22, 2015).

Published 23 May, 2015 12:00am
Nepra cuts Rs 1.74 per unit tariff for K-Electric

Nepra cuts Rs 1.74 per unit tariff for K-Electric

Nepra has approved K-Electric's request to reduce power tariff by Rs 1.74 per unit under the monthly fuel surcharge adjustment for the month of February 2015. According to KE's press statement, the power utility requested the regulatory body to reduce pow
Published 23 May, 2015 12:00am
Previous Day