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 - 2015-08-31
Swansea end Man Utd's unbeaten start

Swansea end Man Utd's unbeaten start

Swansea City defeated Manchester United 2-1 for the third successive meeting as Louis van Gaal's side's unbeaten start to the Premier League season ground to a halt on Sunday. United went ahead through Juan Mata early in the second half at the Liberty Sta
Published 31 Aug, 2015 12:00am
Kagawa shines as Dortmund reclaim top spot

Kagawa shines as Dortmund reclaim top spot

Japan international Shinji Kagawa helped set up two goals as Borussia Dortmund beat Hertha Berlin 3-1 on Sunday to go back top of the Bundesliga, ahead of champions Bayern Munich, on goal difference. Kagawa, who looks to have rediscovered his form this se
Published 31 Aug, 2015 12:00am
Rossi wins wet British GP to retake title lead

Rossi wins wet British GP to retake title lead

Italian great Valentino Rossi won a rain-hit British Grand Prix to take a 12-point lead over Yamaha team mate Jorge Lorenzo on Sunday as Marc Marquez's hopes of retaining the MotoGP title all but vanished. Pole-sitter Marquez fell on the 13th of 20 laps w
Published 31 Aug, 2015 12:00am
Bowlers' day out opens up India-Sri Lanka Test

Bowlers' day out opens up India-Sri Lanka Test

The decisive third and final Test between India and Sri Lanka was on a knife edge after 15 wickets fell during a dramatic third day's play in Colombo on Sunday. Play ended with India on 21-3 in their second innings, an overall lead of 132 with seven wicke
Published 31 Aug, 2015 12:00am
Serena chases calendar Slam, history at US Open

Serena chases calendar Slam, history at US Open

World number one Serena Williams feels the pressure of chasing history at the US Open, but she accepts the intensity as the price for dominating a generation of women's tennis. The 33-year-old American, who captured her first Grand Slam title at the 1999
Published 31 Aug, 2015 12:00am
Jamaican 'ruff necks' go out with a bang in China

Jamaican 'ruff necks' go out with a bang in China

Even without Usain Bolt, Jamaica finished the world championships with a bang on Sunday, storming to the women's 4x400m relay title to match Kenya's gold tally at the top of the medals table. Anchor leg Novlene Williams-Mills pulled out an eye-popping las
Published 31 Aug, 2015 12:00am
When email attachments are too big, consider using cloud services

When email attachments are too big, consider using cloud services

Sometimes the attachment you want to send by email is just too big. If you run into this problem, consider a cloud service as a workaround for getting the information to your acquaintances, says Manuel Masiero of German computer monthly PC Magazin.
Published 31 Aug, 2015 12:00am
Smartphone growth creating etiquette challenges

Smartphone growth creating etiquette challenges

It's OK to use your smartphone walking down the street or on public transportation, but not at a family dinner and definitely not in church. Users of mobile devices are struggling to find the rules of the road for how and when to use the devices around ot
Published 31 Aug, 2015 12:00am
Chinese smartphone market expected to cool this year: report

Chinese smartphone market expected to cool this year: report

The once-hot smartphone market in China is expected to cool this year, growing a meager 1.2 percent, according to a report released Tuesday. The China smartphone market grew 19.7 percent last year and accounted for nearly a third of all new handsets shipp
Published 31 Aug, 2015 12:00am
Microsoft's Cortana assistant launched on Android

Microsoft's Cortana assistant launched on Android

Microsoft said Monday its Cortana virtual assistant software was available to users of Android mobile devices. Cortana is Microsoft's answer to Apple's Siri and Google Now, which respond to voice commands on mobile devices.
Published 31 Aug, 2015 12:00am
'Some simple tricks make smartphone videos better'

'Some simple tricks make smartphone videos better'

Carrying a smartphone means you always have a video camera with you, and about a quarter of users actively send one another little films, according to German digital industry group Bitkom. Some of the results are unwatchable, but with just a few simple ti
Published 31 Aug, 2015 12:00am
Windows 10 spreads to more than 75 million devices

Windows 10 spreads to more than 75 million devices

Microsoft said Wednesday that Windows 10 has spread to more than 75 million devices since the new operating system was released less than a month ago. The US software colossus is intent on seeing the new-generation operating system aimed at computers, mob
Published 31 Aug, 2015 12:00am
Facebook adding virtual assistant to Messenger app

Facebook adding virtual assistant to Messenger app

Facebook on Wednesday began testing a Messenger app virtual assistant that the leading social network said goes beyond artificial intelligence programs already on the market.
Published 31 Aug, 2015 12:00am
Facebook celebrates one billion users in single day
Kerb

Facebook celebrates one billion users in single day

Facebook boasted of a new benchmark Thursday in its seemingly inexorable march to Internet ubiquity: a billion people used the social network in a single day. "We just passed an important milestone," chief executive and co-founder Mark Zuckerberg declared
Published 31 Aug, 2015 12:00am
Instagram images no longer just squares

Instagram images no longer just squares

Instagram on Thursday broke its square mold with an update that adds portrait and landscape formats to the image-sharing smartphone application.
Published 31 Aug, 2015 12:00am
Sony warns: don't update all Vaio machines to Windows 10 yet

Sony warns: don't update all Vaio machines to Windows 10 yet

Despite regular nag messages from Microsoft to update to Windows 10, owners of a Sony Vaio computer should hold off, the Sony Company is warning users. Tests are still under way to determine if various laptops and desktops are compatible with the new oper
Published 31 Aug, 2015 12:00am
Older PC games won't work with Windows 10

Older PC games won't work with Windows 10

Older PC games that use the SafeDisc and SecuRom digital rights management (DRM) systems won't work on Windows 10, Microsoft marketing manager Boris Schneider has told website RocketBeans.tv. The problem mostly affects PC games delivered on CD-ROMs betwee
Published 31 Aug, 2015 12:00am
Apple lines up September 9 event, seen unveiling new iPhones

Apple lines up September 9 event, seen unveiling new iPhones

Apple Inc on Thursday invited journalists to a September 9 event, where it is expected to unveil new iPhones and potentially a new version of its Apple TV set-top box. The email invitation includes a colorful Apple logo with the sentence "Hey Siri, give u
Published 31 Aug, 2015 12:00am
WHO to study use of sanctions as part of global epidemic response

WHO to study use of sanctions as part of global epidemic response

The World Health Organisation said on August 25 it will study the idea of using sanctions to punish countries that do not comply with global health regulations, following widespread failures in the response to the Ebola outbreak.
Published 31 Aug, 2015 12:00am
Water use plummets in drought-plagued California

Water use plummets in drought-plagued California

Mandatory water-saving measures in place to fight California's historic drought have produced a sizeable drop in consumption over the past two months, regulators said on August 27. The measures have been far reaching and the US state's 38 million resident
Published 31 Aug, 2015 12:00am
Study confirms low Vitamin D, multiple sclerosis link

Study confirms low Vitamin D, multiple sclerosis link

A major genetic study on August 25 confirmed a link between low vitamin D and a higher risk of multiple sclerosis, a finding which experts said could lead to better treatment and prevention. Previous observational studies have found an association between
Published 31 Aug, 2015 12:00am
Blood test could predict breast cancer's return

Blood test could predict breast cancer's return

An experimental blood test may be able to predict whether a woman with breast cancer will suffer a relapse months before new tumours would be detectable on scans, researchers said on August 26. The technology, described in the journal Science Translationa
Published 31 Aug, 2015 12:00am
Fish oil supplements dont prevent mental decline

Fish oil supplements dont prevent mental decline

Fish oil supplements, which are high in omega-3 fatty acids, do not protect against mental decline despite common belief, said a study on August 25 spanning 4,000 older people. The five-year clinical trial, published in the Journal of the American Medical
Published 31 Aug, 2015 12:00am
Dementia cases to nearly triple by 2050: report

Dementia cases to nearly triple by 2050: report

The number of people with dementia world-wide will nearly triple from 47 million today to 132 million in 2050, a report said on August 24. Dementia is an umbrella term for degenerative diseases of the brain characterised by a gradual decline in the abilit
Published 31 Aug, 2015 12:00am
Global life expectancy rises, but people live sicker for longer

Global life expectancy rises, but people live sicker for longer

People around the world are living longer, but many are also living sicker lives for longer, according to a study of all major diseases and injuries in 188 countries. General health has improved world-wide, thanks to significant progress against infectiou
Published 31 Aug, 2015 12:00am
NASA sees unavoidable sea level rise ahead

NASA sees unavoidable sea level rise ahead

Sea levels are rising around the world, and the latest satellite data suggests that three feet (one meter) or more is unavoidable in the next 100-200 years, NASA scientists said on August 26. Ice sheets in Greenland and Antarctica are melting faster than
Published 31 Aug, 2015 12:00am
District Nazims: PTI bags nine seats in LG elections

District Nazims: PTI bags nine seats in LG elections

The Pakistan Tehreek-i-Insaf has succeeded in securing highest number of District Nazim seats in Khyber Pakhtunkhwa Local bodies' elections. The PTI in 22 District Nazim elections held on Sunday in the province got nine District Nazim seats while Jamaat-i
Published 31 Aug, 2015 12:00am
PTI holds candlelight vigil to remember slain workers

PTI holds candlelight vigil to remember slain workers

Pakistan Tehreek-e-Insaf (PTI) on Sunday held candlelight vigil in front of Islamabad Press Club to pay tribute to their slain workers during sit-in at D-Chowk. The PTI's workers also marched from Islamabad Press Club to D-Chowk.
Published 31 Aug, 2015 12:00am
KP CM's Complaints Cell redresses public grievances

KP CM's Complaints Cell redresses public grievances

The Chief Minister's Complaints and Redressal Cell come to the rescue of the residents of Hayatabad against the growing number of stray dogs in the modern township. Sohail, a resident of Phase-VII, Hayatabad Peshawar have lodged a complaint against office
Published 31 Aug, 2015 12:00am
IDPs: FATA secretariat receives funds for Rehabilitation

IDPs: FATA secretariat receives funds for Rehabilitation

The first instalment of Rs 5 billion allocated for the repatriation and rehabilitation of the Internally Displaced Persons (IDPs) of the Federally Administered Tribal Areas has been received by the FATA Secretariat.
Published 31 Aug, 2015 12:00am
Saudi's Othaim Malls raises one billion riyals in debut sukuk

Saudi's Othaim Malls raises one billion riyals in debut sukuk

Saudi Arabia's Al Othaim Real Estate and Investment Co, owner of five shopping malls in the kingdom, has raised 1 billion riyals ($267 million) through a debut sukuk issue, two banking sources said on Sunday. The five-year issue was priced at 170 basis po
Published 31 Aug, 2015 12:00am
Saudi credit default swaps fall sharply on oil price recovery

Saudi credit default swaps fall sharply on oil price recovery

The cost of insuring against a Saudi Arabian sovereign debt default has dropped sharply in the past few days because of the rebound of global oil prices, market data showed on Sunday. Last Monday, five-year Saudi credit default swaps soared as high as 120
Published 31 Aug, 2015 12:00am
Suzuki Motor says it will buy back VW stake

Suzuki Motor says it will buy back VW stake

Japan's Suzuki Motor Corp said on Sunday it will buy back the 19.9 percent stake it sold to Volkswagen AG after an international arbitration court settled a dispute between the automakers over their failed partnership. Suzuki filed for international arbit
Published 31 Aug, 2015 12:00am
South Africa opens first power station in 20 years

South Africa opens first power station in 20 years

President Jacob Zuma opened South Africa's first new power plant in 20 years on Sunday with a warning that the country's perennial energy shortages were hampering economic growth. Construction on the six-unit, 4,764 MW Medupi plant near Lephalale, about 3
Published 31 Aug, 2015 12:00am
'Largest ever' Med gas field found off Egypt: Eni

'Largest ever' Med gas field found off Egypt: Eni

Italian energy giant Eni on Sunday announced the discovery of the "largest ever" offshore natural gas field in the Mediterranean, in Egypt's territorial waters. The discovery, confirmed by Egypt's oil ministry, could hold a potential 30 trillion cubic fee
Published 31 Aug, 2015 12:00am
Oman launches floating storage for DME crude delivery

Oman launches floating storage for DME crude delivery

Oman Tank Terminal Company (OTTCO) said it has awarded three companies access to a 2.1 million barrels of crude floating storage facility that would boost trading in crude oil futures on the Dubai Mercantile Exchange (DME). The facility, which will be at
Published 31 Aug, 2015 12:00am
Half of UK manufacturers worried by China, some review plans: EEF

Half of UK manufacturers worried by China, some review plans: EEF

Just under half of British manufacturers are worried by the possibility of a sharp slowdown in China's economy and one in ten are reviewing their business plans, a survey from an industry group showed on Sunday. EEF said 47 percent of manufacturers were c
Published 31 Aug, 2015 12:00am
Zimbabwe relaxes empowerment law to boost investment

Zimbabwe relaxes empowerment law to boost investment

Zimbabwe, suffering from economic recession and lack of foreign investment, is relaxing a black economic empowerment law forcing foreign-owned firms to sell majority shares to locals in a bid to attract investment, a cabinet minister said on Sunday. Signa
Published 31 Aug, 2015 12:00am
Libya posts deficit of $3.3 billion in first seven months
Currency

Libya posts deficit of $3.3 billion in first seven months

Libya posted a budget deficit of 4.5 billion dinars ($3.3 billion) in the first seven months of 2015 as oil production fell and weak oil prices weighed, the Tripoli-based central bank said on Sunday. Libya is producing less than 400,000 barrels of oil a d
Published 31 Aug, 2015 12:00am
Stronger greenback helps boost Australian gold

Stronger greenback helps boost Australian gold

A stronger US dollar is helping drive Australian gold production and buffeting local prospectors from the effects of a global sell-off in bullion, according to a sector survey released on Sunday.
Published 31 Aug, 2015 12:00am
Qatar exports plunge over 40 percent in year

Qatar exports plunge over 40 percent in year

Energy-rich Qatar's exports plunged more than 40 percent in value in the year up until July 2015, on the back of a slump in petrol and hydrocarbon sales, official figures showed Sunday. State news agency QNA, citing figures from the development planning a
Published 31 Aug, 2015 12:00am
China crisis covers tracks of Japan

China crisis covers tracks of Japan

As China's stock markets have lurched wildly, seeding dramatic falls across the world, some have drawn parallels with the global financial crisis of 2008 or the Asian version a decade earlier. They are weak comparisons. The abrupt end of Japan's boom in t
Published 31 Aug, 2015 12:00am
Alibaba still looks pricey despite selloff

Alibaba still looks pricey despite selloff

Alibaba stock still looks pricey despite the recent selloff. Less than a year after the Chinese web giant's record $25 billion initial public offering, its shares have dropped below their $68 IPO price. Though macroeconomic worries have afflicted all Chin
Published 31 Aug, 2015 12:00am
Egyptian pound steady
Currency

Egyptian pound steady

Egypt's central bank kept the pound steady at 7.73 per dollar at a foreign exchange auction on Sunday, and the currency was weaker at exchange bureaus. The central bank said it had offered $40 million and sold $37.8 million at a cut-off price of 7.7301 po
Published 31 Aug, 2015 12:00am
China worries to dominate Tokyo trading

China worries to dominate Tokyo trading

Lingering worries about China will dominate Tokyo trading next week, analysts said, after global equity markets took a roller-coaster ride on fears a slowdown in the world's number two economy would weigh on global growth.
Published 31 Aug, 2015 12:00am
China worries to dominate Tokyo trading

China worries to dominate Tokyo trading

Lingering worries about China will dominate Tokyo trading next week, analysts said, after global equity markets took a roller-coaster ride on fears a slowdown in the world's number two economy would weigh on global growth.
Published 31 Aug, 2015 12:00am
Most Middle East markets rise but oil-driven rally losing steam

Most Middle East markets rise but oil-driven rally losing steam

Most Middle East stock markets rose but closed well off their intra-day highs on Sunday and some edged lower as investors started selling into the region's rally, indicating sentiment was still shaky even after oil prices rebounded.
Published 31 Aug, 2015 12:00am
Nasdaq poised to launch FX trading platform: top executive
Currency

Nasdaq poised to launch FX trading platform: top executive

Nasdaq is poised to launch a platform for foreign exchange trading which it says would make the $5 trillion-a-day global market more transparent and would diversify its own business, a top executive from the stock market operator said.
Published 31 Aug, 2015 12:00am
Investor confidence lags recovery of stock markets

Investor confidence lags recovery of stock markets

Confidence among affluent investors was already slipping before the stock market rout in China sent US markets plunging last week and on Monday, according to a monthly index calculated by Spectrem Group, a Chicago-based research company. Yet when stocks d
Published 31 Aug, 2015 12:00am
Retail brokers cheer stomach-churning volatility
Mutual Funds

Retail brokers cheer stomach-churning volatility

Forget the May 6, 2010, Flash Crash when the US stock market fell 600 points in five minutes or that confidence-shattering day on August 5, 2011, when Standard & Poor's Corp downgraded the credit rating of the United States. For sheer volatility, nothing
Published 31 Aug, 2015 12:00am
Wall Street week ahead: focus turns to US data as China slowdown looms

Wall Street week ahead: focus turns to US data as China slowdown looms

After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term US interest rate hike and help tamp down the market's recen
Published 31 Aug, 2015 12:00am
Seven bodies wash up on Libya beach: Red Crescent

Seven bodies wash up on Libya beach: Red Crescent

Another boat carrying migrants has sunk off Libya and the bodies of at least seven people have been washed up, Libya's Red Crescent said on Sunday. "We were alerted that a boat had sunk and that there are bodies on the beach in Khoms," 120 kilometres (75
Published 31 Aug, 2015 12:00am
Saudi-led coalition air strike kills 36 Yemeni civilians

Saudi-led coalition air strike kills 36 Yemeni civilians

An air strike by warplanes from a Saudi-led coalition, which said it targeted a bomb-making factory, killed 36 civilians working at a bottling plant in the northern Yemeni province of Hajjah on Sunday, residents said. In another air raid on the capital Sa
Published 31 Aug, 2015 12:00am
Huge protest in Tokyo rails against PM Abe's security bills

Huge protest in Tokyo rails against PM Abe's security bills

Tens of thousands of protesters gathered near Japan's parliament building on Sunday to oppose legislation allowing the military to fight overseas, the latest sign of public mistrust in Prime Minister Shinzo Abe's security policy.
Published 31 Aug, 2015 12:00am
In first, Saudi women allowed to run in local elections

In first, Saudi women allowed to run in local elections

Saudi Arabia allowed women to register to stand in local elections on Sunday, in a historic first for the ultra-conservative Muslim kingdom. In a country where women face a host of restrictions including a driving ban, the move was welcomed as an importan
Published 31 Aug, 2015 12:00am
Four civilians, two police officers killed in attacks in Turkey

Four civilians, two police officers killed in attacks in Turkey

A child, three other civilians and two police officer were killed in violence in south-east Turkey on Sunday following the breakdown of a cease-fire between the government and Kurdish militants. Fighting between the outlawed Kurdistan Workers Party (PKK)
Published 31 Aug, 2015 12:00am
Thousands urge help for Indian sisters 'ordered raped'

Thousands urge help for Indian sisters 'ordered raped'

Thousands have signed a petition urging protection for two Indian sisters after a local council allegedly ordered them raped and paraded naked as "punishment" after their brother eloped with a married woman. Amnesty International said Sunday more than 122
Published 31 Aug, 2015 12:00am
Modi accepts defeat on contentious land decree, will change law

Modi accepts defeat on contentious land decree, will change law

Indian Prime Minister Narendra Modi will let an executive order making it easier for businesses to buy land lapse on Monday after failing to win support from opposition parties in a major blow to his economic reform agenda. Modi said on Sunday the governm
Published 31 Aug, 2015 12:00am
Egypt elections to start on October 17

Egypt elections to start on October 17

Egypt's legislative elections, the first since President Abdel Fattah al-Sisi took office, are to be contested in phases between October 17 and December 2, the electoral commission announced on Sunday. The polls had initially been scheduled for early 2014
Published 31 Aug, 2015 12:00am
Bashir to visit China

Bashir to visit China

Sudanese President Omar Hassan al-Bashir is expected to travel to China on Monday for a four-day visit, the foreign ministry said, defying an international warrant for his arrest. The Hague-based International Criminal Court (ICC) issued arrest warrants f
Published 31 Aug, 2015 12:00am
Swiss reject Indian request for help in arms case

Swiss reject Indian request for help in arms case

Switzerland has rejected India's request for legal assistance in investigating two Swiss companies suspected of bribing Indian officials to win arms deals. "As the requesting authority did not deliver information requested by international assistance law,
Published 31 Aug, 2015 12:00am
Iran is 'true enemy' of Gulf Arabs: Kuwaiti MP

Iran is 'true enemy' of Gulf Arabs: Kuwaiti MP

A senior Kuwaiti lawmaker on Sunday described Iran as the "true enemy" of Sunni-ruled Gulf Arab states, in a sign of growing tensions with the Shia power. "It has become clear to all that Iran is an enemy plotting to swallow up our states and resources an
Published 31 Aug, 2015 12:00am
Crackdown against adulterated agriculture medicines directed

Crackdown against adulterated agriculture medicines directed

Provincial Minister for Agriculture Dr Farrukh Javed has directed all district co-ordination officers, senior officers of Agriculture Department, pesticide and fertiliser inspectors to accelerate crackdown for ensuring complete eradication of adulteration
Published 31 Aug, 2015 12:00am
NA-122 battle: no one more suitabe than Aleem: Imran

NA-122 battle: no one more suitabe than Aleem: Imran

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Sunday directed party workers to run a full and comprehensive election campaign for NA-122 by-election, saying that no one is more suitable for party candidacy than Aleem Khan. PTI is facing criticism
Published 31 Aug, 2015 12:00am
Shahbaz condemns Jiwani Airport attack

Shahbaz condemns Jiwani Airport attack

Punjab Chief Minister Muhammad Shahbaz Sharif has strongly condemned the attack on aviation radar system at Jiwani Airport, Gawadar Balochistan. He expressed deep sense of sorrow and grief over the death of an engineer in the attack. The Chief Minister al
Published 31 Aug, 2015 12:00am
Increase in gas tariff to hit exports: APBUMA

Increase in gas tariff to hit exports: APBUMA

Khawaja Jalaluddin Roomi, Chairman, All Pakistan Bedsheets and Upholstery Manufacturers Association (APBUMA), has said that the increase in gas tariff will badly affect the country's exports besides jacking up the cost of doing business manifold.
Published 31 Aug, 2015 12:00am
Traders reject draft trade policy

Traders reject draft trade policy

The business community, exporters and manufacturers of South Punjab have rejected the draft of three years trade policy approved by the federal cabinet without taking the stakeholders into confidence and consultation. Multan Chambers of Commerce and Indus
Published 31 Aug, 2015 12:00am
Overseas Pakistanis are ambassadors: Shahbaz

Overseas Pakistanis are ambassadors: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif has said that Pakistanis living abroad are ambassadors of the country in the real sense and playing an important role in the strengthening of national economy. He said that overseas Pakistanis are actively wor
Published 31 Aug, 2015 12:00am
Textile issues: meeting with PM expected in mid-Sept: S M Tanveer

Textile issues: meeting with PM expected in mid-Sept: S M Tanveer

All Pakistan Textile Mills Association (APTMA) Chairman, S M Tanveer has said that the Prime Minister Nawaz Sharif has assured of resolving the textile industry issues in a meeting, likely to be held in second week of September with APTMA and other textil
Published 31 Aug, 2015 12:00am
Punjab providing best medical facilities to workers: minister

Punjab providing best medical facilities to workers: minister

Punjab Minister for Labour and Human Resources Raja Ashfaq Sarwar said here that provincial government was utilising all its resources for providing best medical facilities to all registered industrial workers and labourers in the hospitals and health cen
Published 31 Aug, 2015 12:00am
PMD issues monsoon outlook for September

PMD issues monsoon outlook for September

Director General Pakistan Meteorological Department (PMD) Dr Ghulam Rasul has issued following Monsoon outlook for September 2015:
Published 31 Aug, 2015 12:00am
15 people killed in various accidents

15 people killed in various accidents

At least fifteen people have died during last 24 hours in South Punjab in different mishaps. A Private security Guard Muhammad Nadeem died when a boundary wall of a school fell on him in Farooq pura(Multan). A 12 year old cyclist was crushed under wheel o
Published 31 Aug, 2015 12:00am
PML-Q too seeks removal of four ECP members

PML-Q too seeks removal of four ECP members

Pakistan Muslim League-Q senior central leader and former Deputy Prime Minister Chaudhry Parvez Elahi has said that all four members of the Election Commission have lost the trust of all the major opposition parties, therefore they must immediately resign
Published 31 Aug, 2015 12:00am
GDA launches uplift projects to attract tourists

GDA launches uplift projects to attract tourists

Galiyat Development Authority (GDA) has launched a number of uplift projects including reconstruction of tracks, renovation of parks and general cleanliness to attract more tourists to the scenic Galiyat region. Speaking at the concluding ceremony held in
Published 31 Aug, 2015 12:00am
SECP notifies Draft Electric Power Generation Industry Order

SECP notifies Draft Electric Power Generation Industry Order

The Securities and Exchange Commission of Pakistan (SECP) has notified the Draft Electric Power Generation Industry (Cost Accounting Records) Order, 2015 (Order) to seek comments from stakeholders and general public.
Published 31 Aug, 2015 12:00am
PRA briefs E&P firms about sales tax laws

PRA briefs E&P firms about sales tax laws

Punjab Revenue Authority (PRA) has issued instructions to companies providing services to exploration and production (E&P) companies regarding taxability of consumption of material and sales tax on services under the provincial sales tax laws.
Published 31 Aug, 2015 12:00am
Balochistan development: VP FPCCI for collective civil-military approach

Balochistan development: VP FPCCI for collective civil-military approach

Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Vice President Fehmida Jamali said potential of Balochistan as a regional hub for energy and trade will only be realised with a collective civil-military approach for its security and developm
Published 31 Aug, 2015 12:00am
India breaks all records of oppression: Yasin Malik

India breaks all records of oppression: Yasin Malik

The Jammu and Kashmir Liberation Front (JKLF) Chairman, Muhammad Yasin Malik has said that India and its stooges have broken all the records of oppression and human rights violations in occupied Kashmir.
Published 31 Aug, 2015 12:00am
FBR will select 12 percent cases for audit

FBR will select 12 percent cases for audit

The Federal Board of Revenue (FBR) would select 12 percent cases for audit out of total filed returns and exempt certain categories of cases from random computerised ballot for selection of cases for audit for tax year 2014.
Published 31 Aug, 2015 12:00am
FBR will select 12 percent cases for audit

FBR will select 12 percent cases for audit

The Federal Board of Revenue (FBR) would select 12 percent cases for audit out of total filed returns and exempt certain categories of cases from random computerised ballot for selection of cases for audit for tax year 2014.
Published 31 Aug, 2015 12:00am
FBR will select 12 percent cases for audit

FBR will select 12 percent cases for audit

The Federal Board of Revenue (FBR) would select 12 percent cases for audit out of total filed returns and exempt certain categories of cases from random computerised ballot for selection of cases for audit for tax year 2014.
Published 31 Aug, 2015 12:00am
11 dead, dozens hurt in fire at Saudi oil giant housing complex

11 dead, dozens hurt in fire at Saudi oil giant housing complex

At least 11 people were killed and 219 injured in Saudi Arabia Sunday when a fire broke out at a residential complex housing employees of oil giant Saudi Aramco, authorities said. The fire started in the basement of a tower in the eastern city of Khobar,
Published 31 Aug, 2015 12:00am
11 dead, dozens hurt in fire at Saudi oil giant housing complex

11 dead, dozens hurt in fire at Saudi oil giant housing complex

At least 11 people were killed and 219 injured in Saudi Arabia Sunday when a fire broke out at a residential complex housing employees of oil giant Saudi Aramco, authorities said. The fire started in the basement of a tower in the eastern city of Khobar,
Published 31 Aug, 2015 12:00am
Previous Day