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Print - 2015-09-22
KP Police to adopt offensive strategy against militants

KP Police to adopt offensive strategy against militants

A Regional Police Officers (RPOs) meeting chaired by Khyber Pakhtunkhwa Inspector General of Police, Nasir Khan Durrani was held at the conference room, Central Police Office, here on Monday. The meeting convened in the wake of militants' attack on the PA
Published 22 Sep, 2015 12:00am
Increase in fees: CCP issues order to CEOs, directors of eight schools

Increase in fees: CCP issues order to CEOs, directors of eight schools

The Competition Commission of Pakistan (CCP) has issued an order to the CEOs and directors of eight private education institutions to provide information required for assessing allegations of anti-competitive practices - such as unreasonable increase in s
Published 22 Sep, 2015 12:00am
Three bandits, cop killed in encounter

Three bandits, cop killed in encounter

Shikarpur police killed three notorious bandits in an encounter, which followed a raid on a village near Madeji area on Monday morning. As per detail, rapidly acting on an information about the presence of a gang of notorious bandits, Shikarpur police con
Published 22 Sep, 2015 12:00am
Qaim vows to make Sindh crime-free province

Qaim vows to make Sindh crime-free province

Sindh Chief Minister Syed Qaim Ali Shah has reiterated the government's resolve to eliminate terrorists from the province. In a statement on Monday, he said that Sindh police was making all out efforts towards eradicating crimes from the province. Taking
Published 22 Sep, 2015 12:00am
Hot weather likely to continue in Sindh

Hot weather likely to continue in Sindh

A short rainy spell on Monday showered a few parts in the city's outskirts, but the city continued to face soaring temperature as high as 40 degrees Celsius during the day. On Saturday and Sunday, the city's temperature was 43 degrees. Karachi's temperatu
Published 22 Sep, 2015 12:00am
Promotion of book culture NBF playing vital role: MD

Promotion of book culture NBF playing vital role: MD

National Book Foundation (NBF) has been playing a vital role in dissemination of knowledge and promotion of book culture among people in the country for many years successfully. The Managing Director, NBF expressed these views at the auspicious occasion o
Published 22 Sep, 2015 12:00am
SECP, Comsats to collaborate on investor education

SECP, Comsats to collaborate on investor education

The Securities and Exchange Commission of Pakistan (SECP) and COMSATS Institute of Information Technology signed a memorandum of understanding (MoU) at the SECP headquarters to establish co-operation for conducting investor education seminars, is aimed at
Published 22 Sep, 2015 12:00am
SNGPL launches massive campaign against gas theft

SNGPL launches massive campaign against gas theft

Sui-Northern Gas Pipelines Limited (SNGPL) has launched an extensive campaign against gas theft and so far disconnected 24,291 illegal connections in Punjab and Khyber-Pakhtunkhwa (K-P) provinces. According to SNGPL officials, the company within past one
Published 22 Sep, 2015 12:00am
UBL joins hands with Microsoft

UBL joins hands with Microsoft

In line with its tradition of being Pakistan's most progressive bank, United Bank Limited (UBL) recently joined hands with Microsoft in order to complete a highly successful transition to a fully-virtualised server scenario. Utilising Microsoft's Hyper-V
Published 22 Sep, 2015 12:00am
No magisterial cover: CDA fails to shift cattle market to Sec I-12/2

No magisterial cover: CDA fails to shift cattle market to Sec I-12/2

The Capital Development Authority (CDA) Monday failed to shift sacrificial animals market from sector I-11 to sector I-12/2 due to lack of proper magisterial cover. A CDA official said that following the directives of Islamabad High Court (IHC), the civic
Published 22 Sep, 2015 12:00am
Farming community largely unhappy with PM's package
Cotton

Farming community largely unhappy with PM's package

The farming community has rejected Prime Minister's Farmers Relief Package, terming it an eyewash and a mere announcement for political gains before the local bodies and bye-elections. Representatives of different farmers associations told Business Rec
Published 22 Sep, 2015 12:00am
ATC hands over fake colonel, accomplices to police

ATC hands over fake colonel, accomplices to police

An Anti Terrorism Court on Monday handed over a fake colonel and his two accomplices to police on two-day physical remand. Frere Police produced a fake Ranger Colonel Muhammad Khan Lakho and his two accomplices Waseem and Aamir before the court. Investiga
Published 22 Sep, 2015 12:00am
FinMan Group to organise MOBILeComm on November 4 at Islamabad

FinMan Group to organise MOBILeComm on November 4 at Islamabad

FinMan Group is organising the MobileComm 2015 (www.mobilecomm.pk) at Serena Hotel, Islamabad on November 4, 2015. The event will also have a Conference titled Mobile and eComm - Towards a Better Eco System. MobileComm is supported by Pakistan Telecommuni
Published 22 Sep, 2015 12:00am
Banned outfits barred from collecting hides

Banned outfits barred from collecting hides

The federal government has asked all the provinces not to allow proscribed organisations to collect hides of sacrificial animals during Eid-ul-Azha to stop the flow of money into the hands of terror outfits- one of the major components of National Action
Published 22 Sep, 2015 12:00am
SI shot dead in Hyderabad

SI shot dead in Hyderabad

Armed men gunned down a sub-inspector of police here on Monday and fled the scene. Police said that armed sitting in a hiding ambush sub-inspector Ishtiaq Awan by opening indiscriminate fire at him as he came out of his home located in Mumtaz Colony of Hy
Published 22 Sep, 2015 12:00am
Eid-ul Azha: Agencies put on high alert in Capital

Eid-ul Azha: Agencies put on high alert in Capital

Security agencies in federal capital have been put on high alert to head off any untoward incident prior to or on the occasion of Eid-ul-Azha to be held on September 25. Police sources said that following Pakistan Air Base (PAF) camp Badaber attack, the M
Published 22 Sep, 2015 12:00am
Diabetes affects over 382 million people globally: study

Diabetes affects over 382 million people globally: study

Diabetes affects more than 382 million people world-wide and, according to International Diabetes Federation, every six seconds one person dies of diabetes. The statistics also showed that only in the last two years, the number of people diagnosed with di
Published 22 Sep, 2015 12:00am
Education curriculum fomenting hatred against minorities: speakers

Education curriculum fomenting hatred against minorities: speakers

Speakers have termed education curriculum responsible for increasing hatred particularly against religious minorities and urged the expurgation of such hate materials so that harmony among different sections of the society could be developed.
Published 22 Sep, 2015 12:00am
Sherazi brothers meet Shahbaz

Sherazi brothers meet Shahbaz

Sherazi brothers called on Punjab Chief Minister Shahbaz Sharif, here on Monday and discussed matters of mutual interest and party affairs. Speaking on the occasion, Shahbaz said that Pakistan Muslim League-N government is determined to cope with all chal
Published 22 Sep, 2015 12:00am
Elderly woman knifed to death in Sahiwal

Elderly woman knifed to death in Sahiwal

Attacks on women by unidentified assailant in Sahiwal have been increasing with the passage of time as an elderly woman was killed with sharp weapon in Bilal colony here on Monday. After the incident of knife attacks on lonely woman in Sahiwal, it was sec
Published 22 Sep, 2015 12:00am
Shahbaz terms relief package for farmers historic

Shahbaz terms relief package for farmers historic

Chief Minister Shahbaz Sharif terming the Rs 341 billion relief package announced by the prime minister for the agricultural sector as historic, has said his government will implement measures for the progress of farmers and no negligence will be tolerate
Published 22 Sep, 2015 12:00am
Corruption in import of LNG: PTI demands formation of commission

Corruption in import of LNG: PTI demands formation of commission

Pakistan Tehreek-e-Insaf Punjab organiser Chaudhary Mohammad Sarwar has demanded a commission comprising of Supreme Court judges should be constituted to probe into the allegations of corruption charges in the import of Liquefied Natural Gas. Chaudhary Sa
Published 22 Sep, 2015 12:00am
Flood warning issued in Punjab

Flood warning issued in Punjab

All administrations of Punjab districts have been ordered to remain on alert to deal with any emergent situation during next few days as there is Met Office warning of heavy rains causing flooding in rivers Jhelum and Chenab Director General Provincial Di
Published 22 Sep, 2015 12:00am
Punjab Police register 67 cases under NAP

Punjab Police register 67 cases under NAP

Spokesman of Punjab Home Department has said that police while carrying out joint search operations throughout the province for apprehending criminals and terrorists under National Action Plan (NAP), has registered cases against 67 persons on violation of
Published 22 Sep, 2015 12:00am
Corporate Class: PIAF-Founders Alliance sweeps LCCI polls

Corporate Class: PIAF-Founders Alliance sweeps LCCI polls

The PIAF-Founders Alliance on Monday made clean sweep by winning all 8 seats of Corporate Class in the elections of Lahore Chamber of Commerce & Industry (LCCI) for year 2015-16. The PIAF-Founders Alliance candidates Almas Haider got 779, Amjad Ali Jawa 7
Published 22 Sep, 2015 12:00am
WSSP finalises special cleanliness campaign for Eid

WSSP finalises special cleanliness campaign for Eid

Chief Executive Officer (CEO) of Water and Sanitation Services Peshawar (WSSP), Engineer Mohammad Naeem Khan said on Monday that more than 200 vehicles and 3,000 sanitary workers will participate in the special cleanliness campaign during the Eid-ul-Azha
Published 22 Sep, 2015 12:00am
CJP visits Quaid's mausoleum

CJP visits Quaid's mausoleum

Chief Justice of Pakistan Anwar Zaheer Jamali on Monday paid a visit to Quaid-e-Azam Muhammad Ali Jinnah mausoleum. The newly-elected CJP after taking oath arrived in Karachi for the first time and laid floral wreath on the tomb of Quaid-e-Azam. On the oc
Published 22 Sep, 2015 12:00am
PCDMA elections held

PCDMA elections held

Candidates of Pakistan Businessmen Group (PBG) have defeated candidates of United Business Group (UBG) in the annual elections of Pakistan Chemical and Dyes Merchant Association (PCDMA) held here on Saturday (September 19). The PBG candidates elected on t
Published 22 Sep, 2015 12:00am
Four suspects 'involved' in journalist's murder arrested

Four suspects 'involved' in journalist's murder arrested

Counter Terrorism Department (CTD) police on Monday claimed to have arrested fours suspects involved in murder of senior journalist Aftab Alam. According to SP Amir Farooqi, the accused were associated with a banned sectarian outfit and were also involved
Published 22 Sep, 2015 12:00am
PIA making fresh recruitments to gratify influential persons

PIA making fresh recruitments to gratify influential persons

A cash-starved Pakistan International Airline (PIA) despite having enormous number of General Managers (GM), Deputy General Managers (DGM) and Managers has started conducting fresh interviews for aforesaid positions to gratify some influential persons; it
Published 22 Sep, 2015 12:00am
KE reduces loadshedding hours

KE reduces loadshedding hours

K-Electric issued a press statement in which the company stated that the duration of the loadshedding was reduced across the city due to high temperature to facilitate its customers. The press statement notified that less than three hours loadshedding is
Published 22 Sep, 2015 12:00am
3,400 cops involved in crimes, SC told

3,400 cops involved in crimes, SC told

Police on Monday informed the Supreme Court of Pakistan that 3,400 personnel and officers of Sindh police are involved in criminal activities. SC bench comprising Justice Gulzar Ahmed and Amir Hani Muslim conducted the hearing of case in Supreme Court's K
Published 22 Sep, 2015 12:00am
SHC suspends Nawaz Ali Shah's jail term, bails him out

SHC suspends Nawaz Ali Shah's jail term, bails him out

The Sindh High Court (SHC) on Monday suspended five-year term given to Pakistan People's Party (PPP) leader Ali Nawaz Shah by accountability court, and bailed him out in a graft case. The High Court approved bail plea of Ali Nawaz Shah who was sentenced a
Published 22 Sep, 2015 12:00am
PBIF chief lauds government's decision to review FTA with China

PBIF chief lauds government's decision to review FTA with China

President of Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has welcomed the decision of the government to review and alter Free Trade Agreement (FTA) with China and trade deals with all other countries according to the national in
Published 22 Sep, 2015 12:00am
Campaign against fake doctors, illegal clinics

Campaign against fake doctors, illegal clinics

During the ongoing campaign against fake doctors, illegal clinics ICT administration conduct raids at Rawat, under supervision of ADC(G) Abdul Sattar Isani along with team including AC(R) Syed Jawad Muzaffar, AC(IA) Captain Shoaib & AD civil defence Nisar
Published 22 Sep, 2015 12:00am
Rallies in Red Zone: PTI asked to obtain NOC

Rallies in Red Zone: PTI asked to obtain NOC

The Islamabad Capital Territory (ICT) administration has informed Pakistan Tehreek-e-Insaf (PTI) that due to precarious security situation there is ban on holding rallies in Red Zone or staging protest in any other part of the city. For getting permission
Published 22 Sep, 2015 12:00am
Nobody can defeat Pakistani nation: Air Chief

Nobody can defeat Pakistani nation: Air Chief

Chief of the Air Staff, Pakistan Air Force (PAF), Air Chief Marshal Sohail Aman said on Monday nobody can defeat the courage and valour of Pakistani nation. "Our spirit is the same and our response would also be the same. No one can match our spirits and
Published 22 Sep, 2015 12:00am
PSO seeks 1.735 million tonnes of oil products for November-February

PSO seeks 1.735 million tonnes of oil products for November-February

Pakistan State Oil Company is seeking 1.735 million tonnes of oil products for delivery over November to February, a tender document showed on Monday. The company is seeking 10,000 tonnes of jet fuel for delivery over November 21 to December 10. It is als
Published 22 Sep, 2015 12:00am
The Weather

The Weather

The weather report on Monday (September 21, 2015) and the forecast for Tuesday (September 22, 2015).

Published 22 Sep, 2015 12:00am
Nepra reserves determination on Fesco multi-year tariff petition

Nepra reserves determination on Fesco multi-year tariff petition

National Electric Power Regulatory Authority (Nepra) has reserved determination on a multi year tariff petition of Faisalabad Electric Supply Company (Fesco). The power Distribution Company (Disco) which is under active privatisation plan has proposed an
Published 22 Sep, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (September 21, 2015).

Published 22 Sep, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (September 21, 2015).

Published 22 Sep, 2015 12:00am
UN chief calls for global cease-fire

UN chief calls for global cease-fire

The United Nations Monday observed the International Day of Peace with Secretary-General Ban Ki-moon appealing to all warring parties to lay down their weapons and observe a global cease-fire and "stop the killings and the destruction, and create space fo
Published 22 Sep, 2015 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 22 Sep, 2015 12:00am
Son of Dubai ruler Sheikh Mohammad dies

Son of Dubai ruler Sheikh Mohammad dies

This refers to a Business Recorder news item 'Son of Dubai's ruler dies of heart attack'. According to it, Sheikh Rashid bin Mohammed bin Rashid Al Maktoum, a son of Dubai's ruler and elder brother to the emirate's heir apparent, has died at age 33
Published 22 Sep, 2015 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 22 Sep, 2015 12:00am
Wildfires push Californians to high-risk insurance market

Wildfires push Californians to high-risk insurance market

There are lots of reasons people live in California's Modjeska Canyon. Nestled against the mountains and abutting the Cleveland National Forest, the area has abundant wildlife and access to nature, yet is just a 20 minute drive from larger Orange County c
Published 22 Sep, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (September 21, 2015).

Published 22 Sep, 2015 12:00am
Rebels see tougher war with Russians in Syria, evoke Afghanistan

Rebels see tougher war with Russians in Syria, evoke Afghanistan

Rebels who have inflicted big losses on Syrian President Bashar al-Assad say Russia's intervention in support of its ally will only lead to an escalation of the war and may encourage the rebels' Gulf Arab backers to pour in more military aid. Russia's dep
Published 22 Sep, 2015 12:00am
Side-effects of a 'half-done' job

Side-effects of a 'half-done' job

The Prime Minister's claim about elements bent upon overthrowing his regime has triggered wild guesswork. While he alone knows these elements, besides allegations of corruption, a petition in the Supreme Court seeking acceptance of MQM parliamentarians' r
Published 22 Sep, 2015 12:00am
Paying attention to the school scene

Paying attention to the school scene

Only after perturbed parents came out on the streets of Karachi, Lahore and Islamabad to protest against exorbitant fees charged by private schools did the government take notice. Punjab and Sindh education ministers held meetings with school owners to as
Published 22 Sep, 2015 12:00am
Transparency in the energy sector!

Transparency in the energy sector!

Prime Minister Nawaz Sharif's direction to all relevant energy-related ministries and divisions to observe all legal formalities in preparatory works and agreements while ensuring transparency in all aspects of the projects is welcomed. All relevant relat
Published 22 Sep, 2015 12:00am
Volkswagen slams into huge false emission scam

Volkswagen slams into huge false emission scam

German auto giant Volkswagen''s shares plummeted nearly 20 percent Monday as investigations spread into revelations that hundreds of thousands of its diesel cars have software that secretly thwarts US pollution tests. Volkswagen, the world''s largest auto
Published 22 Sep, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (September 21, 2015)

Published 22 Sep, 2015 12:00am
Volkswagen slams into huge false emission scam

Volkswagen slams into huge false emission scam

German auto giant Volkswagen's shares plummeted nearly 20 percent Monday as investigations spread into revelations that hundreds of thousands of its diesel cars have software that secretly thwarts US pollution tests. Volkswagen, the world's largest automa
Published 22 Sep, 2015 12:00am
Volkswagen slams into huge false emission scam

Volkswagen slams into huge false emission scam

German auto giant Volkswagen's shares plummeted nearly 20 percent Monday as investigations spread into revelations that hundreds of thousands of its diesel cars have software that secretly thwarts US pollution tests. Volkswagen, the world's largest automa
Published 22 Sep, 2015 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (September 21, 2015).

Published 22 Sep, 2015 12:00am
North Korea family reunion lottery 'extremely cruel': expert

North Korea family reunion lottery 'extremely cruel': expert

North Korea's use of a lottery system to allow a fraction of the families separated by the Korean War to meet is "extremely cruel", a top rights expert said Monday. North and South Korea agreed earlier this month to hold a weekend reunion in October for s
Published 22 Sep, 2015 12:00am
Grain market rates
Cotton

Grain market rates

Karachi grain market rates in rupees on Monday (September 21, 2015).

Published 22 Sep, 2015 12:00am
APTMA chief seeks textile package before Eid

APTMA chief seeks textile package before Eid

All Pakistan Textile Mills Association Chairman SM Tanveer has appealed to Prime Minister Nawaz Sharif and Federal Finance Minister Ishaq Dar for announcement of the textile industry package. "Serious textile industrialists are planning downstream integra
Published 22 Sep, 2015 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (September 21, 2015).

Published 22 Sep, 2015 12:00am
APTMA chief seeks textile package before Eid

APTMA chief seeks textile package before Eid

All Pakistan Textile Mills Association Chairman SM Tanveer has appealed to Prime Minister Nawaz Sharif and Federal Finance Minister Ishaq Dar for announcement of the textile industry package. "Serious textile industrialists are planning downstream integra
Published 22 Sep, 2015 12:00am
APTMA chief seeks textile package before Eid

APTMA chief seeks textile package before Eid

All Pakistan Textile Mills Association Chairman SM Tanveer has appealed to Prime Minister Nawaz Sharif and Federal Finance Minister Ishaq Dar for announcement of the textile industry package. "Serious textile industrialists are planning downstream integra
Published 22 Sep, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 21, 2015).

Published 22 Sep, 2015 12:00am
China urged to allow duty-free imports

China urged to allow duty-free imports

Pakistan has urged China to immediately allow 90 per cent of its imports duty free and find out ways to resolve wide discrepancy in bilateral trade statistics. This was stated by Commerce Minister, Engineer Khurram Dastgir Khan in a chat with Business
Published 22 Sep, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 21, 2015).

Published 22 Sep, 2015 12:00am
China urged to allow duty-free imports

China urged to allow duty-free imports

Pakistan has urged China to immediately allow 90 per cent of its imports duty free and find out ways to resolve wide discrepancy in bilateral trade statistics. This was stated by Commerce Minister, Engineer Khurram Dastgir Khan in a chat with Business
Published 22 Sep, 2015 12:00am
China urged to allow duty-free imports

China urged to allow duty-free imports

Pakistan has urged China to immediately allow 90 per cent of its imports duty free and find out ways to resolve wide discrepancy in bilateral trade statistics. This was stated by Commerce Minister, Engineer Khurram Dastgir Khan in a chat with Business
Published 22 Sep, 2015 12:00am
5 killed by car bomb near Somalia presidential palace

5 killed by car bomb near Somalia presidential palace

Five people were killed and 13 wounded on Monday when a car bomb exploded near a heavily-guarded complex housing the offices of Somalia's president and its prime minister in Mogadishu, a security official said. There were no immediate reports of anyone at
Published 22 Sep, 2015 12:00am
THE RUPEE: modest recovery
Currency

THE RUPEE: modest recovery

The rupee managed to recover against the dollar on the money market on Monday in the process of trading, dealers said. The rupee inched up by two-paisa in relation to the dollar for buying and selling at Rs 104.36 and Rs 104.38 respectively, they said.
Published 22 Sep, 2015 12:00am
LB elections in Sindh, Punjab: Schedule for 3rd phase released

LB elections in Sindh, Punjab: Schedule for 3rd phase released

The Election Commission of Pakistan (ECP) has on Monday released the schedule for the third phase of local body elections in Punjab and Sindh. Polling will be held on December 3 in 12 districts of Punjab and six districts of Sindh. According to the schedu
Published 22 Sep, 2015 12:00am
THE RUPEE: modest recovery
Currency

THE RUPEE: modest recovery

The rupee managed to recover against the dollar on the money market on Monday in the process of trading, dealers said. The rupee inched up by two-paisa in relation to the dollar for buying and selling at Rs 104.36 and Rs 104.38 respectively, they said.
Published 22 Sep, 2015 12:00am
LB elections in Sindh, Punjab: Schedule for 3rd phase released

LB elections in Sindh, Punjab: Schedule for 3rd phase released

The Election Commission of Pakistan (ECP) has on Monday released the schedule for the third phase of local body elections in Punjab and Sindh. Polling will be held on December 3 in 12 districts of Punjab and six districts of Sindh. According to the schedu
Published 22 Sep, 2015 12:00am
TCP directed to import gram pulse in lots of 5,000 tons

TCP directed to import gram pulse in lots of 5,000 tons

Trading Corporation of Pakistan (TCP) has reportedly been directed to import gram pulse in lots of 5,000 tons and submit monthly stock position to the ECC, well informed sources told Business Recorder. Ministry of National Food Security and Researc
Published 22 Sep, 2015 12:00am
TCP directed to import gram pulse in lots of 5,000 tons

TCP directed to import gram pulse in lots of 5,000 tons

Trading Corporation of Pakistan (TCP) has reportedly been directed to import gram pulse in lots of 5,000 tons and submit monthly stock position to the ECC, well informed sources told Business Recorder. Ministry of National Food Security and Researc
Published 22 Sep, 2015 12:00am
TCP directed to import gram pulse in lots of 5,000 tons

TCP directed to import gram pulse in lots of 5,000 tons

Trading Corporation of Pakistan (TCP) has reportedly been directed to import gram pulse in lots of 5,000 tons and submit monthly stock position to the ECC, well informed sources told Business Recorder. Ministry of National Food Security and Researc
Published 22 Sep, 2015 12:00am
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