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Print - 2015-07-31
British parliamentarians meet Punjab chief minister

British parliamentarians meet Punjab chief minister

A 5-member delegation of British Parliament met Punjab Chief Minister Shahbaz Sharif, on Thursday, which discussed matters of mutual interest, promotion of relations between Pakistan and Britain, co-operation in education, health particularly skill develo
Published 31 Jul, 2015 12:00am
Water level increases in River Indus

Water level increases in River Indus

Water level has increased in River Indus near Jatoi in Muzaffargarh due to which a protection bund in Village Rampur swept away which caused the inundation of Mukhtar Mai village Mirwala, Mouchiwala and Basti Manzoor Ahmed Mastoi. DCO Muzaffargarh Hafiz S
Published 31 Jul, 2015 12:00am
PU employees, teachers get plot possession letters

PU employees, teachers get plot possession letters

After solution of long-standing issue of a no-objection certificate by the Lahore Development Authority for the Punjab University Housing Scheme Town II, possession letters of plots were distributed among employees and teachers in a ceremony held at the F
Published 31 Jul, 2015 12:00am
Re-allocation of quota: LPGAP for complete transparency by PARC

Re-allocation of quota: LPGAP for complete transparency by PARC

The Liquefied Petroleum Gas Association of Pakistan has urged Federal Petroleum Minister Shahid Khaqan Abbasi to ensure complete transparency in the re-allocation of fuel quota by the Pak-Arab Refinery Company, saying all allocations should be made throug
Published 31 Jul, 2015 12:00am
KP governor for uplifting of socio-economic sectors in Fata

KP governor for uplifting of socio-economic sectors in Fata

Khyber Pakhtunkhwa Governor Sardar Mahtab Ahmad Khan said that more funds had been allocated to Fata Development Authority (FDA) for uplifting of economic and social sectors in Fata, adding on the successful and timely completion those development project
Published 31 Jul, 2015 12:00am
Online services: LCCI urges FBR to resolve inactiveness issue

Online services: LCCI urges FBR to resolve inactiveness issue

The Lahore Chamber of Commerce and Industry (LCCI) has urged the Federal Board of Revenue (FBR) to resolve the issue of "inactiveness of online services" at its portal. The LCCI President Ijaz A Mumtaz in a statement on Thursday said the LCCI has been con
Published 31 Jul, 2015 12:00am
Pakistan Halal Authority Bill, 2015 introduced in National Assembly

Pakistan Halal Authority Bill, 2015 introduced in National Assembly

The government on Thursday introduced "The Pakistan Halal Authority Bill, 2015" in the National Assembly to establish a Pakistan Halal Authority to promote imports, exports, trade and commerce with foreign countries. Federal Minister for Science and Techn
Published 31 Jul, 2015 12:00am
Navy continues flood relief operation

Navy continues flood relief operation

Pakistan Navy Rescue and Relief work under operation 'Madad' continues at Khairpur, Sukkur and Ghotki where Pakistan Navy Rescue teams have successfully evacuated 1161 personnel including men, women and children. In order to augment relief efforts, 9 tons
Published 31 Jul, 2015 12:00am
Prudent policies helped revive economy: Dar

Prudent policies helped revive economy: Dar

The prudent policies of the government have helped revive the country's sagging economy and internationally reputed monetary organisations acknowledged Pakistan as, "heading in the right direction". This was stated by Federal Minister for Finance, Senator
Published 31 Jul, 2015 12:00am
SECP barred from registering INGOs

SECP barred from registering INGOs

The high-level committee, set up by the Prime Minister to review rules and regulations regarding accreditation and activities of International Non-governmental Organisations (INGOs), has imposed restriction on the Securities and Exchange Commission of Pak
Published 31 Jul, 2015 12:00am
Siemens transferring healthcare business

Siemens transferring healthcare business

Siemens Pakistan is transferring its local healthcare business to a private limited firm the multinational engineering conglomerate plans to incorporate. Also, the company has decided to cease participating in further business in the war-torn neighbouring
Published 31 Jul, 2015 12:00am
Easypay helps boost e-commerce industry

Easypay helps boost e-commerce industry

Easypay will help to boost the e-commerce industry in Pakistan by offering secure, instant and easy integration of payments for online trade, besides helping in creating thousands of jobs opportunities, said Omer Moeen Malik Head of Strategy Easypaisa.
Published 31 Jul, 2015 12:00am
NA-122 rigging case: hearing adjourned to August 3

NA-122 rigging case: hearing adjourned to August 3

An election tribunal on Thursday rejected the request by lawyers of National Assembly Speaker Sardar Ayaz Sadiq for adjournment of the alleged rigging case of NA-122 to August 22 and fixed it for August 3. Tribunal Judge Kazim Ali Malik said the verdict o
Published 31 Jul, 2015 12:00am
Diplomatic assignment: New Saudi Ambassador arrives

Diplomatic assignment: New Saudi Ambassador arrives

The newly appointed Saudi Ambassador to Pakistan Abdullah bin Marzouk Al-Zahrani arrived in Islamabad on Thursday to take charge of his new diplomatic assignment. The Embassy sources said that Al-Zahrani, who took oath of his newly assignment on June 02,
Published 31 Jul, 2015 12:00am
Mulla Omar: Taliban confirm death

Mulla Omar: Taliban confirm death

The Taliban on Thursday confirmed the death of their leader Mulla Omar but gave no word about who would take charge of the movement still waging a bloody insurgency in Afghanistan. The militants said Omar died of "sickness", citing family members, a day a
Published 31 Jul, 2015 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (July 30, 2015).
Published 31 Jul, 2015 12:00am
Taliban postpone talks

Taliban postpone talks

Afghan Taliban has postponed the scheduled second round of peace talks with Afghan government following reports of the movement's chief Mullah Omar's death, the Foreign Office confirmed. "In view of the reports regarding the death of Mullah Omar and the r
Published 31 Jul, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (July 30, 2015).

Published 31 Jul, 2015 12:00am
Taliban postpone talks

Taliban postpone talks

Afghan Taliban has postponed the scheduled second round of peace talks with Afghan government following reports of the movement's chief Mullah Omar's death, the Foreign Office confirmed. "In view of the reports regarding the death of Mullah Omar and the r
Published 31 Jul, 2015 12:00am
Transmission infrastructure: KE enters into $400 million agreement

Transmission infrastructure: KE enters into $400 million agreement

K-Electric (KE) has entered into an agreement with Siemens and Shanghai Ltd of China for a $400 million investment plan for KE's transmission network. According to a notice released by Karachi Stock Exchange (KSE), "K-Electric has signed contracts (projec
Published 31 Jul, 2015 12:00am
Transmission infrastructure: KE enters into $400 million agreement

Transmission infrastructure: KE enters into $400 million agreement

K-Electric (KE) has entered into an agreement with Siemens and Shanghai Ltd of China for a $400 million investment plan for KE's transmission network. According to a notice released by Karachi Stock Exchange (KSE), "K-Electric has signed contracts (projec
Published 31 Jul, 2015 12:00am
Transmission infrastructure: KE enters into $400 million agreement

Transmission infrastructure: KE enters into $400 million agreement

K-Electric (KE) has entered into an agreement with Siemens and Shanghai Ltd of China for a $400 million investment plan for KE''s transmission network. According to a notice released by Karachi Stock Exchange (KSE), "K-Electric has signed contracts (proje
Published 31 Jul, 2015 12:00am
PSM land sale: CEO expresses dissent on trend

PSM land sale: CEO expresses dissent on trend

Chief Executive Officer (CEO), Pakistan Steel Mills (PSM) Major General Zaheer Ahmad Khan (retired) has reportedly expressed his dissent on prevailing trend of selling PSM's precious land without its consent, well informed sources told Business Recorde
Published 31 Jul, 2015 12:00am
PSM land sale: CEO expresses dissent on trend

PSM land sale: CEO expresses dissent on trend

Chief Executive Officer (CEO), Pakistan Steel Mills (PSM) Major General Zaheer Ahmad Khan (retired) has reportedly expressed his dissent on prevailing trend of selling PSM's precious land without its consent, well informed sources told Business Recorde
Published 31 Jul, 2015 12:00am
PSM land sale: CEO expresses dissent on trend

PSM land sale: CEO expresses dissent on trend

Chief Executive Officer (CEO), Pakistan Steel Mills (PSM) Major General Zaheer Ahmad Khan (retired) has reportedly expressed his dissent on prevailing trend of selling PSM''s precious land without its consent, well informed sources told Business Record
Published 31 Jul, 2015 12:00am
High flood heading towards Kotri Barrage

High flood heading towards Kotri Barrage

The peak of high flood wave is heading towards the Kotri barrage, the last barrage on the mighty Indus River as 523,300 cusecs of water was released downstream the Sukkur barrage on Thursday, Flood Warning Centre Lahore said. The authorities are already d
Published 31 Jul, 2015 12:00am
High flood heading towards Kotri Barrage

High flood heading towards Kotri Barrage

The peak of high flood wave is heading towards the Kotri barrage, the last barrage on the mighty Indus River as 523,300 cusecs of water was released downstream the Sukkur barrage on Thursday, Flood Warning Centre Lahore said. The authorities are already d
Published 31 Jul, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (July 30, 2015).

Published 31 Jul, 2015 12:00am
High flood heading towards Kotri Barrage

High flood heading towards Kotri Barrage

The peak of high flood wave is heading towards the Kotri barrage, the last barrage on the mighty Indus River as 523,300 cusecs of water was released downstream the Sukkur barrage on Thursday, Flood Warning Centre Lahore said. The authorities are already d
Published 31 Jul, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (July 30, 2015).

Published 31 Jul, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (July 30, 2015).

Published 31 Jul, 2015 12:00am
Gurdaspur attack: Islamabad rejects Delhi's allegations

Gurdaspur attack: Islamabad rejects Delhi's allegations

Pakistan on Thursday rejected the 'baseless' Indian allegations regarding Gurdaspur terror attack, describing the Indian Home Minister's statement a threat to peace and security of the region. "The government of Pakistan categorically rejects the baseless
Published 31 Jul, 2015 12:00am
Gurdaspur attack: Islamabad rejects Delhi's allegations

Gurdaspur attack: Islamabad rejects Delhi's allegations

Pakistan on Thursday rejected the 'baseless' Indian allegations regarding Gurdaspur terror attack, describing the Indian Home Minister's statement a threat to peace and security of the region. "The government of Pakistan categorically rejects the baseless
Published 31 Jul, 2015 12:00am
India hangs Yakub Memon

India hangs Yakub Memon

India executed convicted bomb plotter Yakub Memon on Thursday for conspiring in the nation's deadliest attack, a series of blasts that killed hundreds in Mumbai more than two decades ago. Memon was hanged at Nagpur jail in the western state of Maharashtra
Published 31 Jul, 2015 12:00am
India hangs Yakub Memon

India hangs Yakub Memon

India executed convicted bomb plotter Yakub Memon on Thursday for conspiring in the nation's deadliest attack, a series of blasts that killed hundreds in Mumbai more than two decades ago. Memon was hanged at Nagpur jail in the western state of Maharashtra
Published 31 Jul, 2015 12:00am
Fazl, Altaf resolve not to withdraw anti-PTI motions

Fazl, Altaf resolve not to withdraw anti-PTI motions

Jamiat Ulema-e-Islam Fazal (JUI-F) chief Fazlur Rehman and Muttahida Qaumi Movement (MQM) chief Altaf Hussain on Thursday resolved not to withdraw parliamentary motions against Pakistan Tehreek-e-Insaf (PTI) MNAs. MQM has formally notified the government
Published 31 Jul, 2015 12:00am
Fazl, Altaf resolve not to withdraw anti-PTI motions

Fazl, Altaf resolve not to withdraw anti-PTI motions

Jamiat Ulema-e-Islam Fazal (JUI-F) chief Fazlur Rehman and Muttahida Qaumi Movement (MQM) chief Altaf Hussain on Thursday resolved not to withdraw parliamentary motions against Pakistan Tehreek-e-Insaf (PTI) MNAs. MQM has formally notified the government
Published 31 Jul, 2015 12:00am
We took no money from establishment, insists Imran

We took no money from establishment, insists Imran

The Pakistan Tehreek-e-Insaf chairman has brushed aside a string of claims that his party has taken money from the establishment to topple the government, saying if it is proved that he has taken money from the establishment, he will say good bye to polit
Published 31 Jul, 2015 12:00am
We took no money from establishment, insists Imran

We took no money from establishment, insists Imran

The Pakistan Tehreek-e-Insaf chairman has brushed aside a string of claims that his party has taken money from the establishment to topple the government, saying if it is proved that he has taken money from the establishment, he will say good bye to polit
Published 31 Jul, 2015 12:00am
Nisar spells out Karachi operation's successes

Nisar spells out Karachi operation's successes

Federal Interior Minister Chaudhry Nisar Ali Khan on Thursday said that at least 713 terrorists, 118 kidnappers and 517 extortionists have been arrested so far during the ongoing Karachi operation. While responding to questions in the National Assembly, h
Published 31 Jul, 2015 12:00am
Nisar spells out Karachi operation's successes

Nisar spells out Karachi operation's successes

Federal Interior Minister Chaudhry Nisar Ali Khan on Thursday said that at least 713 terrorists, 118 kidnappers and 517 extortionists have been arrested so far during the ongoing Karachi operation. While responding to questions in the National Assembly, h
Published 31 Jul, 2015 12:00am
Stock market crash-2008: SECP will present report on August 10

Stock market crash-2008: SECP will present report on August 10

The Securities and Exchange Commission of Pakistan (SECP) will present report on stock market crash-2008 to the SECP Policy Board for approval on August 10, 2015. During a media interaction here on Thursday, Chairman SECP Zafar Hijazi stated that the meet
Published 31 Jul, 2015 12:00am
Stock market crash-2008: SECP will present report on August 10

Stock market crash-2008: SECP will present report on August 10

The Securities and Exchange Commission of Pakistan (SECP) will present report on stock market crash-2008 to the SECP Policy Board for approval on August 10, 2015. During a media interaction here on Thursday, Chairman SECP Zafar Hijazi stated that the meet
Published 31 Jul, 2015 12:00am
Stock market crash-2008: SECP will present report on August 10

Stock market crash-2008: SECP will present report on August 10

The Securities and Exchange Commission of Pakistan (SECP) will present report on stock market crash-2008 to the SECP Policy Board for approval on August 10, 2015. During a media interaction here on Thursday, Chairman SECP Zafar Hijazi stated that the meet
Published 31 Jul, 2015 12:00am
Opec chief says oil cartel 'not ready' to cut production
Currency

Opec chief says oil cartel 'not ready' to cut production

Opec Secretary-General Abdullah El-Badri said on Thursday the oil producers' cartel is not planning to cut production despite the fall in crude prices over recent months and concerns about the possible addition of Iranian oil in the market. "We met in Dec
Published 31 Jul, 2015 12:00am
Opec chief says oil cartel 'not ready' to cut production
Currency

Opec chief says oil cartel 'not ready' to cut production

Opec Secretary-General Abdullah El-Badri said on Thursday the oil producers' cartel is not planning to cut production despite the fall in crude prices over recent months and concerns about the possible addition of Iranian oil in the market. "We met in Dec
Published 31 Jul, 2015 12:00am
Opec chief says oil cartel ''not ready'' to cut production
Currency

Opec chief says oil cartel ''not ready'' to cut production

Opec Secretary-General Abdullah El-Badri said on Thursday the oil producers'' cartel is not planning to cut production despite the fall in crude prices over recent months and concerns about the possible addition of Iranian oil in the market. "We met in De
Published 31 Jul, 2015 12:00am
Stocks keep rising

Stocks keep rising

The Karachi share market gained another 53.5 points Thursday to close at 35,730.01 compared to the previous 35,676.50. The benchmark KSE-100 index showed what equity analysts said severe volatility by hitting the intraday high and low of 35,997.05 and 35,
Published 31 Jul, 2015 12:00am
Stocks keep rising

Stocks keep rising

The Karachi share market gained another 53.5 points Thursday to close at 35,730.01 compared to the previous 35,676.50. The benchmark KSE-100 index showed what equity analysts said severe volatility by hitting the intraday high and low of 35,997.05 and 35,
Published 31 Jul, 2015 12:00am
Stocks keep rising

Stocks keep rising

The Karachi share market gained another 53.5 points Thursday to close at 35,730.01 compared to the previous 35,676.50. The benchmark KSE-100 index showed what equity analysts said severe volatility by hitting the intraday high and low of 35,997.05 and 35,
Published 31 Jul, 2015 12:00am
BRIndex30 sheds 227.36 points

BRIndex30 sheds 227.36 points

On Thursday, BRIndex30 opened at 22,316.42 points. It touched an intraday high of 22,549.47 points and an intraday low of 21,871.15 points and closed at 22,089.06 points which was -227.36 points or -1.02 percent lower than previous close. Total volume was
Published 31 Jul, 2015 12:00am
BRIndex30 sheds 227.36 points

BRIndex30 sheds 227.36 points

On Thursday, BRIndex30 opened at 22,316.42 points. It touched an intraday high of 22,549.47 points and an intraday low of 21,871.15 points and closed at 22,089.06 points which was -227.36 points or -1.02 percent lower than previous close. Total volume was
Published 31 Jul, 2015 12:00am
Hundreds arrested after Malik Ishaq killed

Hundreds arrested after Malik Ishaq killed

Hundreds of suspects were arrested in country overnight after the leader of a prominent anti-Shia militant group was killed in a shootout with police, officials said Thursday. Malik Ishaq, the head of the al Qaeda-linked Lashkar-e-Jhangvi group, was kille
Published 31 Jul, 2015 12:00am
LSE index loses 48.5 points

LSE index loses 48.5 points

Shares on Thursday moved both ways on the Lahore Stock Exchange and finally ended in a negative zone amid an ascending transaction volume because of selling pressure. The LSE-25 index lost 48.50 points to 6183.12 against 6231.62 of Wednesday while trading
Published 31 Jul, 2015 12:00am
LSE index loses 48.5 points

LSE index loses 48.5 points

Shares on Thursday moved both ways on the Lahore Stock Exchange and finally ended in a negative zone amid an ascending transaction volume because of selling pressure. The LSE-25 index lost 48.50 points to 6183.12 against 6231.62 of Wednesday while trading
Published 31 Jul, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 30, 2015).

Published 31 Jul, 2015 12:00am
Fiscal Year 2015 services trade deficit narrows down

Fiscal Year 2015 services trade deficit narrows down

The country's services trade deficit narrowed down by a modest 5 percent to $2.5 billion during the last fiscal year (FY15) supported by higher Coalition Support Fund (CSF) inflows. "Declining trend in services trade deficit is a positive sign for the cou
Published 31 Jul, 2015 12:00am
Fiscal Year 2015 services trade deficit narrows down

Fiscal Year 2015 services trade deficit narrows down

The country's services trade deficit narrowed down by a modest 5 percent to $2.5 billion during the last fiscal year (FY15) supported by higher Coalition Support Fund (CSF) inflows. "Declining trend in services trade deficit is a positive sign for the cou
Published 31 Jul, 2015 12:00am