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Print - 2015-07-29
Infinix Mobility launches Infinix Zero2 in Pakistan

Infinix Mobility launches Infinix Zero2 in Pakistan

Infinix Mobility - originating from France is one of the fastest growing global leaders of trendy smartphone manufacturing, launched Infinix Zero2 in Pakistan here on Tuesday. The state-of-the-art device was designed in Paris and Shanghai, Zero2 will be a
Published 29 Jul, 2015 12:00am
FBR decides to launch Withholding Tax Module of 'Iris'

FBR decides to launch Withholding Tax Module of 'Iris'

The Federal Board of Revenue (FBR) has decided to launch Withholding Tax Module of "Iris" for which training and education of withholding agents would be done by Directorate General (Withholding Taxes) and IT Wing. According to the FBR's instructions issu
Published 29 Jul, 2015 12:00am
Monsoon rains: post-graduate exams postponed

Monsoon rains: post-graduate exams postponed

Controller of Annual Examination University of Sindh Ghulam Murtaza Siyal has informed that the annual exams of MA/MSc/MCom (Previous & Final) Post Graduate, 2014 have been postponed due to monsoon rains in the province. According to a press release issue
Published 29 Jul, 2015 12:00am
MoU signed with PCP: Mobilink to establish ICT labs to support education

MoU signed with PCP: Mobilink to establish ICT labs to support education

Mobilink provide six state-of-the-art Information and Communication Technology (ICT) labs to schools to support education across the country. This social investment project is being carried out by Mobilink in collaboration with Pakistan Centre for Philant
Published 29 Jul, 2015 12:00am
SAU students to be facilitated for internship in China
Cotton

SAU students to be facilitated for internship in China

Sindh Agriculture University, Tandojam, has signed a Memorandum of Understandings (MoUs) with four Research Institutes of Chinese Academy of Agricultural Sciences (CAAS), Beijing, China for bilateral and multilateral co-operation and collaboration in orde
Published 29 Jul, 2015 12:00am
SECP issues Research Analyst Regulations 2015

SECP issues Research Analyst Regulations 2015

The Securities and Exchange Commission of Pakistan (SECP) has issued Research Analyst Regulations 2015, under the newly promulgated Securities Act 2015. These regulations have been framed to regulate the area of investment recommendation/research analysis
Published 29 Jul, 2015 12:00am
Agriculture sector: Pakistan, Belarus to sign three agreements

Agriculture sector: Pakistan, Belarus to sign three agreements

Pakistan and Belarus will sign three agreements related to agriculture machinery, promotion of biotechnology and betterment of livestock sector for strengthening agricultural co-operation between the two countries. The pacts to be signed during the upcomi
Published 29 Jul, 2015 12:00am
MCCI hails Judicial Commission's report

MCCI hails Judicial Commission's report

The business community of Southern Punjab has hailed the decision of Judicial Commission which has stamped bona fide of general elections 2013 and will certainly give strength to the democratically elected government to work with a renewed commitment and
Published 29 Jul, 2015 12:00am
Murder convict executed in Multan jail

Murder convict executed in Multan jail

A murder convict was executed in Multan Central Jail on Tuesday. Murder convict Muhammad Akhtar, r/o Sarai Sadhu (Khanewal), had killed a person Saeed Ahmad in 1999 and an FIR was registered with Sarai Sadhu police station. Akhtar was shifted to Multan Ja
Published 29 Jul, 2015 12:00am
World Hepatitis Day observed

World Hepatitis Day observed

With the theme "prevent hepatitis, act now", the city witnessed the World Hepatitis Day-2015 on Tuesday with a renewed pledge to continue efforts to contain the spread. To mark the day, organisations held seminars, scientific sessions, symposiums, walks a
Published 29 Jul, 2015 12:00am
HRCP for greater transparency in Karachi operation

HRCP for greater transparency in Karachi operation

The Human Rights Commission of Pakistan (HRCP) has called for greater transparency and due process in the Rangers operation in Karachi and expressed concern over actions that can undermine citizens right to criticise and question actions of state institut
Published 29 Jul, 2015 12:00am
Punjab government urged to stop raids on restaurants

Punjab government urged to stop raids on restaurants

The Lahore Restaurants Association (LRA) has urged the Punjab government to intervene and stop activities of the Punjab Food Authority immediately, following the raids on restaurants in the provincial metropolis and fining or sealing food outlets on vario
Published 29 Jul, 2015 12:00am
Export-oriented sectors: FBR urged to expedite work on refund claims

Export-oriented sectors: FBR urged to expedite work on refund claims

The Lahore Chamber of Commerce and Industry (LCCI) has demanded of the Federal Board of Revenue (FBR) to expedite the stuck-up sales tax and income tax refund claims of the export-oriented sectors. The LCCI Vice President Syed Mahmood Ghaznavi in a statem
Published 29 Jul, 2015 12:00am
Layyah district: Shahbaz visits flood-hit areas

Layyah district: Shahbaz visits flood-hit areas

Punjab Chief Minister Shahbaz Sharif visited the flood-hit areas of Layyah district on Tuesday to assess the flood situation and the relief activities carried out in the district. He was briefed about the flood situation, rescue and relief activities and
Published 29 Jul, 2015 12:00am
FPCCI chief felicitated

FPCCI chief felicitated

The office-bearers of Federation of Pakistan Chamber of Commerce and Industry (FPCCI) have congratulated the FPCCI President Mian Muhammad Idrees on his appointment as Chairman of Faisalabad Industrial Estate Development and Management Authority. The FPCC
Published 29 Jul, 2015 12:00am
Punjab declares sale of fake drugs non-bailable crime

Punjab declares sale of fake drugs non-bailable crime

The Punjab government on Tuesday decided to declare sale and manufacturing of fake medicines a non-bailable crime while number of task forces has been increased to four. The number of task forces participating in crackdown against bogus factories has been
Published 29 Jul, 2015 12:00am
Landslide shuts main Gilgit road

Landslide shuts main Gilgit road

District government has closed Gilgit main road due to land sliding whereas the breakage of two bridges in Rando has caused as many as 500 families stranded. As per details, glaciers' melting has also worsened the flood, creating fear among the locals. Th
Published 29 Jul, 2015 12:00am
Heroin smuggling plot foiled

Heroin smuggling plot foiled

The Airport Security Force (ASF) personnel on Tuesday foiled a bid to smuggle heroin to Bahrain by arresting a smuggler at Benazir Bhutto International Airport Islamabad. According to ASF sources, a passenger named Qabil Khan was going onboard on a privat
Published 29 Jul, 2015 12:00am
Sectors H-16, I-17: IHC directs CDA to compensate victims

Sectors H-16, I-17: IHC directs CDA to compensate victims

Islamabad High Court (IHC) on Tuesday directed the Capital Development Authority (CDA) to compensate affectees of sector H-16, and I-17 by Wednesday (today). Justice Shaukat Aziz Siddiqui directed the CDA to submit the compensation amount in form of chequ
Published 29 Jul, 2015 12:00am
Coal power plant at Moza Khaira scrapped

Coal power plant at Moza Khaira scrapped

A small coal power plant at Moza Khaira and Sultan Pura near BRB Canal has been scrapped. A law officer told the court on Tuesday that identical petitions filed by individuals and the Lahore Press Club had challenged the construction because of health haz
Published 29 Jul, 2015 12:00am
Elimination of polio WHO official lauds Punjab government's efforts

Elimination of polio WHO official lauds Punjab government's efforts

Country Head of WHO in Pakistan Dr Michel J Theiren on Tuesday appreciated the efforts of the Punjab government saying health indicators of Punjab are seen as 'very encouraging by international development partners.'"Though the population of Punjab is hal
Published 29 Jul, 2015 12:00am
Wattoo demands deferment of Lahore Metro Train Project

Wattoo demands deferment of Lahore Metro Train Project

Mian Manzoor Ahmed Wattoo, President PPP Punjab, has demanded of the Punjab government to defer the Lahore Metro Train Project indefinitely and instead spend Rs 165 billion on building dams' network in Punjab to conserve rain waters so critical for the fu
Published 29 Jul, 2015 12:00am
Motorway 2 Mushahidullah inaugurates horticulture plan of FWO

Motorway 2 Mushahidullah inaugurates horticulture plan of FWO

Federal Minister for Climate Change Mushahidullah Khan emphasised the importance of forests in preserving the environment while inaugurated the horticulture plan of Frontier Work Organisation on Motorway 2. "The FWO has laid the foundation of work which i
Published 29 Jul, 2015 12:00am
Alleged terrorist, cop killed in encounter

Alleged terrorist, cop killed in encounter

A police constable, Haseeb Ahmad, was killed while 3 policemen, Shoaib, Zeeshan and Mustafa were seriously wounded when four alleged terrorists riding in a Toyota Corolla car No 2031 opened fire near a hotel located in main Peoples Colony behind Technical
Published 29 Jul, 2015 12:00am
Government receives $336 million under CSF

Government receives $336 million under CSF

Pakistan Tuesday received inflows over $336 million on account of Coalition Support Fund (CSF). State Bank of Pakistan's spokesman confirmed that an amount of $336.864 million has arrived in SBP account from US under CSF payment. This is the first inflows
Published 29 Jul, 2015 12:00am
CIS offerings: SECP directs AMCs to ensure complete disclosures

CIS offerings: SECP directs AMCs to ensure complete disclosures

The Securities and Exchange Commission of Pakistan (SECP) has directed all Asset Management Companies (AMCs) to ensure complete disclosures along with requisite documents while offering Collective Investment Scheme (CIS). In this regard, the SECP has issu
Published 29 Jul, 2015 12:00am
Banking case: AC convicts Ghulam Mustafa Mallah

Banking case: AC convicts Ghulam Mustafa Mallah

Accountability Court (AC) Hyderabad convicted Ghulam Mustafa Mallah in a banking case on Tuesday. According to a press release issued here, he was an employee of UBL, Khipro Branch, District Shanghar. The accused had embezzled and misappropriated bank acc
Published 29 Jul, 2015 12:00am
Work on power projects under way: Dar

Work on power projects under way: Dar

-Federal Minister for Finance Ishaq Dar has said that work is under way on various power projects to add 10,603 MW of electricity to the national grid by the end of 2017. "The government is working on many on-going power projects of 14000 MW which are at
Published 29 Jul, 2015 12:00am
Flood havoc and debate over KBD

Flood havoc and debate over KBD

That rains and flash floods have wreaked havoc in various parts of the country is a grim reality as these have claimed a number of lives and massive damage to properties and infrastructure. Chitral appears to be the worst-hit area so far. Both federal and
Published 29 Jul, 2015 12:00am
Second-term Obama tells Africa's 'Big Men' to quit when time is up

Second-term Obama tells Africa's 'Big Men' to quit when time is up

Judging by the applause at the African Union headquarters, Barack Obama hit a chord when he took aim at the continent's 'Big Men', telling them they should quit when their time was up - especially since most have the cash to retire comfortably. In joining
Published 29 Jul, 2015 12:00am
Corridor at all costs

Corridor at all costs

Army Chief General Raheel Sharif, on his visit last week to Panjgur and Turbat for inspecting the road network being built by the Frontier Works Organisation (FWO), categorically stated that army was ready to pay any cost for making the Economic Corridor
Published 29 Jul, 2015 12:00am
'Stabilization First'?

'Stabilization First'?

Pakistan's economy is passing through the most difficult and challenging phase of its economic history. The landscape of its economy has changed dramatically since 2007-08. Seven years of managing the economy with weak and frivolous economic team have not
Published 29 Jul, 2015 12:00am
Impediments to bilateralism

Impediments to bilateralism

Two developments in the realm of Pakistan-India relations grab the attention of people of the sub-continent in particular and the world at large in general: the attack in Indian Punjab's Gurdaspur district that left 10 people dead, and video clips retriev
Published 29 Jul, 2015 12:00am
You cannot start with simple solutions
Cotton

You cannot start with simple solutions

Giving fiscal incentives to develop a certain geographical under-developed area or attract investment in a desired sector have been a time-honoured tool. A five-year holiday or exemption from income tax as well as customs duty on imported machinery have b
Published 29 Jul, 2015 12:00am
Shanghai copper down

Shanghai copper down

Shanghai Futures Exchange copper trimmed early losses to trade down 0.3 percent at 38,330 yuan ($6,174) a tonne on Tuesday as China pledged to halt a stockmarket rout that has unnerved investors and undermined demand prospects for metals. China's top econ
Published 29 Jul, 2015 12:00am
Copper rises, tin matches May seven high

Copper rises, tin matches May seven high

Copper prices rose on Tuesday, but the market remained nervous over the latest convulsions in Chinese equities and the possible ramifications for demand from the world's top metals consumer. Chinese shares fell as Beijing scrambled once again to prop up a
Published 29 Jul, 2015 12:00am
Dubai, Oman hit month's high

Dubai, Oman hit month's high

Cash Dubai and DME Oman hit the highest levels this month on Wednesday in the Middle East crude market even as physical trade slowed. Cash Dubai and DME Oman both rose to about $1 above Dubai swaps. There were only four Dubai partials deals on window betw
Published 29 Jul, 2015 12:00am
Oil steadies after four-day loss; US crude stock draw eyed

Oil steadies after four-day loss; US crude stock draw eyed

  • Oil prices steadied on Tuesday, recovering from near six-month lows, with US crude rising more than 1 percent as bets for a drop in US crude stockpiles offset worries about a global supply glut and equity market meltdown in China. The market also saw sh
Published 29 Jul, 2015 12:00am
Rubber slides

Rubber slides

Benchmark Tokyo rubber futures dropped to a nearly three-week low on Tuesday, extending losses into a third straight session, on worries about volatile Chinese equity markets while slowing demand in China, the world's top buyer of the soft commodity, also
Published 29 Jul, 2015 12:00am
Corn, soyabeans and wheat tumble

Corn, soyabeans and wheat tumble

Chicago Board of Trade corn and soyabean futures plunged to their lowest in more than a month on Monday as improving weather for crop development across the US Midwest sparked a round of long liquidation by speculators, traders said. Wheat futures also fe
Published 29 Jul, 2015 12:00am
Palm oil plunges

Palm oil plunges

Malaysian palm oil futures fell on Tuesday for a fifth straight session to their lowest in three months, reflecting weakness in competing markets and declines in commodities globally, although a weak ringgit provided some support. By the close, benchmark
Published 29 Jul, 2015 12:00am
Arabica coffee nears 1-1/2-year low
Currency

Arabica coffee nears 1-1/2-year low

Arabica coffee futures on ICE flirted with a 1-1/2-year low in choppy dealings on Tuesday, buoyed earlier by short-covering but pressured by the tumbling currency in top grower Brazil, while robustas tapped a two-month low. Raw sugar nudged down in thin d
Published 29 Jul, 2015 12:00am
Gold loses traction in New York

Gold loses traction in New York

Gold lost ground on Monday, moving closer to last week's 5-1/2-year lows below $1,100 per ounce, with expectations for a near-term US interest rate hike seen keeping momentum firmly with the bears. While the market has been fixated on US monetary policy,
Published 29 Jul, 2015 12:00am
Gold up in Asia

Gold up in Asia

Gold hovered near its weakest level since early 2010 on Tuesday, reflecting investor hesitation to bid up bullion amid growing expectations of a near-term hike in US interest rates. The Federal Reserve begins a two-day meeting later in the day where polic
Published 29 Jul, 2015 12:00am
Gold rises in Europe

Gold rises in Europe

Gold firmed on Tuesday but remained near 5-1/2-year lows as markets braced for this week's Federal Reserve meeting, at which policymakers are expected to give further clues on the timing of a US rate increase. The Fed suggested earlier this year that a ne
Published 29 Jul, 2015 12:00am
US MIDDAY: soyabeans, wheat and corn bounce

US MIDDAY: soyabeans, wheat and corn bounce

Chicago soyabean, wheat and corn futures bounced early on Tuesday, rising on bargain-buying and short-covering after setting recent lows. Nearby soyabeans fell for three straight sessions through Monday, shedding nearly 6 percent as weather improved for c
Published 29 Jul, 2015 12:00am
US MIDDAY: gold moves higher

US MIDDAY: gold moves higher

Gold firmed early on Tuesday but remained near 5-1/2-year lows as markets braced for this week's Federal Reserve meeting, at which policymakers are expected to give further clues on the timing of a US rate increase. The Fed suggested earlier this year tha
Published 29 Jul, 2015 12:00am
Approval of bill designed to amend law deferred

Approval of bill designed to amend law deferred

Senate Standing Committee on Finance has deferred approval of a bill designed to amend the Stock Exchanges Demutualization Act 2012 for extension in restriction period for issuance of the Trading Right Entitlement (TRE) certificates by stock exchanges for
Published 29 Jul, 2015 12:00am
Approval of bill designed to amend law deferred

Approval of bill designed to amend law deferred

Senate Standing Committee on Finance has deferred approval of a bill designed to amend the Stock Exchanges Demutualization Act 2012 for extension in restriction period for issuance of the Trading Right Entitlement (TRE) certificates by stock exchanges for
Published 29 Jul, 2015 12:00am
Approval of bill designed to amend law deferred

Approval of bill designed to amend law deferred

Senate Standing Committee on Finance has deferred approval of a bill designed to amend the Stock Exchanges Demutualization Act 2012 for extension in restriction period for issuance of the Trading Right Entitlement (TRE) certificates by stock exchanges for
Published 29 Jul, 2015 12:00am
Approval of bill designed to amend law deferred

Approval of bill designed to amend law deferred

Senate Standing Committee on Finance has deferred approval of a bill designed to amend the Stock Exchanges Demutualization Act 2012 for extension in restriction period for issuance of the Trading Right Entitlement (TRE) certificates by stock exchanges for
Published 29 Jul, 2015 12:00am
Approval of bill designed to amend law deferred

Approval of bill designed to amend law deferred

Senate Standing Committee on Finance has deferred approval of a bill designed to amend the Stock Exchanges Demutualization Act 2012 for extension in restriction period for issuance of the Trading Right Entitlement (TRE) certificates by stock exchanges for
Published 29 Jul, 2015 12:00am
Taliban advance in north Afghanistan seizing district, villages

Taliban advance in north Afghanistan seizing district, villages

Taliban fighters have gained ground in two provinces in northern Afghanistan, overrunning a district centre in Sar-e-Pol and seizing villages in Kunduz, local officials there said on Tuesday. Earlier this week, they made a successful push towards a strate
Published 29 Jul, 2015 12:00am
Taliban advance in north Afghanistan seizing district, villages

Taliban advance in north Afghanistan seizing district, villages

Taliban fighters have gained ground in two provinces in northern Afghanistan, overrunning a district centre in Sar-e-Pol and seizing villages in Kunduz, local officials there said on Tuesday. Earlier this week, they made a successful push towards a strate
Published 29 Jul, 2015 12:00am
CoAS meets Italian CDF, Army Chief

CoAS meets Italian CDF, Army Chief

General Raheel Sharif, Chief of Army Staff, who is on an official visit to Italy, on Tuesday visited Italy's Army Headquarters. The CoAS was presented guard of honour by a smartly turned out contingent of Italian Army. The CoAS met Lieutenant General Dani
Published 29 Jul, 2015 12:00am
CoAS meets Italian CDF, Army Chief

CoAS meets Italian CDF, Army Chief

General Raheel Sharif, Chief of Army Staff, who is on an official visit to Italy, on Tuesday visited Italy's Army Headquarters. The CoAS was presented guard of honour by a smartly turned out contingent of Italian Army. The CoAS met Lieutenant General Dani
Published 29 Jul, 2015 12:00am
Controversial payments: top officials summoned to next PAC meeting

Controversial payments: top officials summoned to next PAC meeting

Taking a serious notice of past practice of Ministry of Communication for making payments over and above the cost approved in PC-Is of certain projects without the prior approval of competent authorities, Public Accounts Committee (PAC) on Tuesday directe
Published 29 Jul, 2015 12:00am
Controversial payments: top officials summoned to next PAC meeting

Controversial payments: top officials summoned to next PAC meeting

Taking a serious notice of past practice of Ministry of Communication for making payments over and above the cost approved in PC-Is of certain projects without the prior approval of competent authorities, Public Accounts Committee (PAC) on Tuesday directe
Published 29 Jul, 2015 12:00am
Controversial payments: top officials summoned to next PAC meeting

Controversial payments: top officials summoned to next PAC meeting

Taking a serious notice of past practice of Ministry of Communication for making payments over and above the cost approved in PC-Is of certain projects without the prior approval of competent authorities, Public Accounts Committee (PAC) on Tuesday directe
Published 29 Jul, 2015 12:00am
Schedule for LB polls in Sindh, Punjab deferred

Schedule for LB polls in Sindh, Punjab deferred

The Election Commission of Pakistan (ECP) on Tuesday deferred the schedule of local bodies election of Punjab and Sindh owing to the deadly floods. The ECP said that the new dates will be announced after the next hearing of the Supreme Court. According to
Published 29 Jul, 2015 12:00am
Schedule for LB polls in Sindh, Punjab deferred

Schedule for LB polls in Sindh, Punjab deferred

The Election Commission of Pakistan (ECP) on Tuesday deferred the schedule of local bodies election of Punjab and Sindh owing to the deadly floods. The ECP said that the new dates will be announced after the next hearing of the Supreme Court. According to
Published 29 Jul, 2015 12:00am
Indian Punjab chief minister calls off meeting with HC

Indian Punjab chief minister calls off meeting with HC

Indian Punjab Chief Minister Parkash Singh Badal called off a meeting with Pakistan High Commissioner Abdul Basit a day after a gun battle in Gurdaspur that left 10 people dead. The meeting between Badal and Basit was to be held on July 29 in Chandigarh.
Published 29 Jul, 2015 12:00am
The Weather

The Weather

The weather report on Tuesday (July 28, 2015) and the forecast for Wednesday (July 29, 2015).

Published 29 Jul, 2015 12:00am
Indian Punjab chief minister calls off meeting with HC

Indian Punjab chief minister calls off meeting with HC

Indian Punjab Chief Minister Parkash Singh Badal called off a meeting with Pakistan High Commissioner Abdul Basit a day after a gun battle in Gurdaspur that left 10 people dead. The meeting between Badal and Basit was to be held on July 29 in Chandigarh.
Published 29 Jul, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 28, 2015).

Published 29 Jul, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 28, 2015).

Published 29 Jul, 2015 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 29 Jul, 2015 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 29 Jul, 2015 12:00am
ISE index down by 4.64 points

ISE index down by 4.64 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 4.64 points as the ISE Ten Index moved from 3,354.43 to 3,349.79 p
Published 29 Jul, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (July 28, 2015).

Published 29 Jul, 2015 12:00am
ISE index down by 4.64 points

ISE index down by 4.64 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 4.64 points as the ISE Ten Index moved from 3,354.43 to 3,349.79 p
Published 29 Jul, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (July 28, 2015)

Published 29 Jul, 2015 12:00am
Modest recovery on LSE

Modest recovery on LSE

Equities on Tuesday staged recovery on the Lahore Stock Exchange (LSE) and registered gains amid descending transaction volume on account of cautious approach on the part of investors. The LSE-25 index gained 34.69 points to 6176.73 against 6142.04 of Mon
Published 29 Jul, 2015 12:00am
Modest recovery on LSE

Modest recovery on LSE

Equities on Tuesday staged recovery on the Lahore Stock Exchange (LSE) and registered gains amid descending transaction volume on account of cautious approach on the part of investors. The LSE-25 index gained 34.69 points to 6176.73 against 6142.04 of Mon
Published 29 Jul, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 28, 2015).

Published 29 Jul, 2015 12:00am
Corruption cases: NAB submits additional list

Corruption cases: NAB submits additional list

The National Accountability Bureau (NAB) on Tuesday submitted an additional list to the Supreme Court pertaining to 29 mega corruption cases of three categories - financial, land grabbing and misutilization of powers - worth Rs 480 billion. In addition to
Published 29 Jul, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 28, 2015).

Published 29 Jul, 2015 12:00am
Corruption cases: NAB submits additional list

Corruption cases: NAB submits additional list

The National Accountability Bureau (NAB) on Tuesday submitted an additional list to the Supreme Court pertaining to 29 mega corruption cases of three categories - financial, land grabbing and misutilization of powers - worth Rs 480 billion. In addition to
Published 29 Jul, 2015 12:00am
Corruption cases: NAB submits additional list

Corruption cases: NAB submits additional list

The National Accountability Bureau (NAB) on Tuesday submitted an additional list to the Supreme Court pertaining to 29 mega corruption cases of three categories - financial, land grabbing and misutilization of powers - worth Rs 480 billion. In addition to
Published 29 Jul, 2015 12:00am
Withholding tax: bodies formed to facilitate traders

Withholding tax: bodies formed to facilitate traders

The Federal Board of Revenue (FBR) has constituted three committees i.e. "Communication Committee", "Income Tax Committee", and "Sales Tax Committee" to facilitate business community to become filers and resolve their issues of income and sales taxes. A s
Published 29 Jul, 2015 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee managed to sustain its levels against the dollar on the money market on Tuesday in the process of trading, dealers said. The rupee depicted no changes against the dollar for buying and selling at Rs 101.83 and Rs 101.84, they said.
Published 29 Jul, 2015 12:00am
Withholding tax: bodies formed to facilitate traders

Withholding tax: bodies formed to facilitate traders

The Federal Board of Revenue (FBR) has constituted three committees i.e. "Communication Committee", "Income Tax Committee", and "Sales Tax Committee" to facilitate business community to become filers and resolve their issues of income and sales taxes. A s
Published 29 Jul, 2015 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee managed to sustain its levels against the dollar on the money market on Tuesday in the process of trading, dealers said. The rupee depicted no changes against the dollar for buying and selling at Rs 101.83 and Rs 101.84, they said.
Published 29 Jul, 2015 12:00am
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