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Print - 2015-10-29
Gold tops $1,180 in European trade

Gold tops $1,180 in European trade

Gold rose above $1,180 an ounce on Wednesday as the dollar fell ahead of the Federal Reserve's latest policy statement, which is expected to give more clues about the timing of an expected US interest rate rise. The metal edged back above its 200-day movi
Published 29 Oct, 2015 12:00am
US MIDDAY: grain and soya futures slip

US MIDDAY: grain and soya futures slip

US grain and soyabean futures slipped on Wednesday on concerns about easing demand from China and improving weather conditions in key global crop regions. Wheat retreated after an early-week surge, with forecasts calling for needed rains in the US Midwest
Published 29 Oct, 2015 12:00am
US MIDDAY: gold down

US MIDDAY: gold down

Gold prices fell 1 percent early on Wednesday, in the metal's weakest session in a month, as the market turned lower after the US Federal Reserve left the door open to a possible interest rate hike in December and the dollar hit a 2-1/2-month high. The Fe
Published 29 Oct, 2015 12:00am
Bangladesh JI leader offers condolence

Bangladesh JI leader offers condolence

Acting Ameer of Bangladesh Jamaat-e-Islami, Maqbul Ahmed on Wednesday expressed deep shock and condolence as over 300 people have been killed and more than 2,000 people injured due to a massive earthquake. "I hope that the victim countries would be able t
Published 29 Oct, 2015 12:00am
Chinese embassy donates relief goods
Cotton

Chinese embassy donates relief goods

The Embassy of the People Republic of China has donated food and non-food relief goods for earthquake affected people of Pakistan. According to a press release issued by the embassy the People Republic of China had donated 110 flashlights, 252 cotton-padd
Published 29 Oct, 2015 12:00am
PFMA Punjab hands over flour to Rawalpindi Commissioner

PFMA Punjab hands over flour to Rawalpindi Commissioner

Pakistan Flour Mills Association (PFMA) Punjab on Tuesday handed over five truck loads of flour to the Commissioner Rawalpindi for distribution amongst the earthquake affectees. PFMA Punjab Chairman Chaudhry Iftikhar Ahmad Mattoo disclosed this here on We
Published 29 Oct, 2015 12:00am
PDMA KP directs damage assessment in three days

PDMA KP directs damage assessment in three days

The Provincial Disaster Management Authority (PDMA) Khyber Pakhtunkhwa has issued directives to all the Deputy Commissioners to complete damage assessment of recent earthquake within a period of three days. The directives were issued during a meeting held
Published 29 Oct, 2015 12:00am
Bata Pakistan Limited

Bata Pakistan Limited

Bata is one of the largest manufacturer and retailer of footwear in the world. The shoemaker claims to serves a million customers every day, having presence in six continents. The company, founded in 1894, has 25 production facilities and more than 500 re
Published 29 Oct, 2015 12:00am
Bata Pakistan Limited

Bata Pakistan Limited

Bata is one of the largest manufacturer and retailer of footwear in the world. The shoemaker claims to serves a million customers every day, having presence in six continents. The company, founded in 1894, has 25 production facilities and more than 500 re
Published 29 Oct, 2015 12:00am
ABL's regional head visits Sundas Foundation

ABL's regional head visits Sundas Foundation

Allied Bank's Regional Head Munir Ahmed Atiq recently visited Sundas Foundation and meet with Thalassaemia, Haemophilia and Blood Cancer patients being treated at Sundas Foundation Lahore Center. Munir appreciated the mechanism of blood screening and its
Published 29 Oct, 2015 12:00am
Future of IMSG students at stake

Future of IMSG students at stake

The future of 600 students of Islamabad Model School for Girls (IMSG), G-11/1, is at stake after Ministry of Capital Administration and Development Division (CADD), started repatriating teachers working on deputation. A parent told Business Recorder </
Published 29 Oct, 2015 12:00am
300 cartons of cigarettes seized

300 cartons of cigarettes seized

Directorate of Intelligence and investigation Inland Revenue Peshawar has seized 300 cartons of duty evaded cigarettes. It is learnt here on Wednesday that a team of the agency had conducted an operation against the non-duty paid cigarettes at Peshawar. T
Published 29 Oct, 2015 12:00am
Rights of Baloch people should be ensured in CPEC: Bilawal

Rights of Baloch people should be ensured in CPEC: Bilawal

Bilawal Bhutto Zardari Chairman Pakistan People's Party has stressed on documentation of guarantees for the interests of the people and the province of Balochistan in China-Pakistan Economic Corridor (CPEC) projects so that Pakistan's most-backward federa
Published 29 Oct, 2015 12:00am
Need for separate police stations for women stressed

Need for separate police stations for women stressed

The women, which make up 50 percent of the country's 180 million population have less than one percent representation in police. Individualland Pakistan, a research based consultancy firm claimed at a focus group discussion, organised on 'Women police in
Published 29 Oct, 2015 12:00am
AKD declared top brokerage firm of Pakistan

AKD declared top brokerage firm of Pakistan

GlobalCapital/ AsiaMoney has declared the AKD Securities as the number one stock market brokerage company of Pakistan in a recent poll held globally. In the 26th survey voting, this year's poll received a total of 7,229 individual responses, of which 5,54
Published 29 Oct, 2015 12:00am
AKD declared top brokerage firm of Pakistan

AKD declared top brokerage firm of Pakistan

GlobalCapital/ AsiaMoney has declared the AKD Securities as the number one stock market brokerage company of Pakistan in a recent poll held globally. In the 26th survey voting, this year's poll received a total of 7,229 individual responses, of which 5,54
Published 29 Oct, 2015 12:00am
KP PAC orders recovery from officials

KP PAC orders recovery from officials

Public Accounts Committee (PAC) of Khyber Pakhtunkhwa Assembly has ordered the recovery of the millions of rupees from different concerned officials of the provincial government. The directives were issued during a meeting of the committee held here with
Published 29 Oct, 2015 12:00am
Premiere today: Mobilink brings Anwar Maqsood's play on 'Siachen'

Premiere today: Mobilink brings Anwar Maqsood's play on 'Siachen'

The renowned Islamabad based theatre group, KopyKat Productions has once again collaborated with veteran playwright Anwar Maqsood and Director Dawar Mehmood to bring to audiences a play on Siachen. Exclusively sponsored by Mobilink, the play narrates the
Published 29 Oct, 2015 12:00am
SAI vows to provide relief to quake victims

SAI vows to provide relief to quake victims

SITE Association of Industry (SAI) has established a relief camp for the earthquake victims and requested its members to unite in this hour of need. The members have been requested to donate generously and contribute tents, woolen clothes, blankets, beddi
Published 29 Oct, 2015 12:00am
LG polls Deployment of troops sought

LG polls Deployment of troops sought

Tameer Hyderabad Alliance comprising of the PPP, JI, JUI, JUP and others has demanded the Election Commission of Pakistan (ECP) to hold upcoming local bodies' election under the supervision of the army for ensuring fair and free elections.
Published 29 Oct, 2015 12:00am
CY2015: NBP profit rises to 35 percent in nine months

CY2015: NBP profit rises to 35 percent in nine months

The profit pre-provision of National Bank of Pakistan (NBP) for the first nine months of CY2015 grew 35 percent to Rs 30.9 billion compared to Rs 22.8 billion of last corresponding period, NBP statement said on Wednesday. NBP's Board of Directors approved
Published 29 Oct, 2015 12:00am
CY2015: NBP profit rises to 35 percent in nine months

CY2015: NBP profit rises to 35 percent in nine months

The profit pre-provision of National Bank of Pakistan (NBP) for the first nine months of CY2015 grew 35 percent to Rs 30.9 billion compared to Rs 22.8 billion of last corresponding period, NBP statement said on Wednesday. NBP's Board of Directors approved
Published 29 Oct, 2015 12:00am
Bachelors degree programme: SU to conduct pre-entry test on November 8

Bachelors degree programme: SU to conduct pre-entry test on November 8

University of Sindh will conduct a pre-entry test for Bachelors degree programme on 8th November at Allama I.I Kazi Campus Jamshoro and various campuses of university at Larkana, Dadu, Bhitshah, Thatta, Badin and Mirpurkhas. Professor Dr Abida Taherani, V
Published 29 Oct, 2015 12:00am
StanChart Pakistan earns Rs 12.7 billion profit before tax in Q3

StanChart Pakistan earns Rs 12.7 billion profit before tax in Q3

Standard Chartered Bank (Pakistan) Limited announced its third quarter results. The Bank continues to deliver strong financial performance with nine months profit before tax of Rs 12.7 billion resulting in 12 percent growth year on year. The Bank's earnin
Published 29 Oct, 2015 12:00am
StanChart Pakistan earns Rs 12.7 billion profit before tax in Q3

StanChart Pakistan earns Rs 12.7 billion profit before tax in Q3

Standard Chartered Bank (Pakistan) Limited announced its third quarter results. The Bank continues to deliver strong financial performance with nine months profit before tax of Rs 12.7 billion resulting in 12 percent growth year on year. The Bank's earnin
Published 29 Oct, 2015 12:00am
Fishermen rescue endangered Bowmouth Gitarfish

Fishermen rescue endangered Bowmouth Gitarfish

A rare marine species - Bowmouth Guitarfish finds a rare escape from fishermen's traps off Balochistan coast earlier this week, the WWF-Pakistan said on Wednesday. The 2.3 meter long species, which is scientifically named - Rhina Ancylostoma, accidentally
Published 29 Oct, 2015 12:00am
Clean-energy venture: Pakistan can play leading role in global efforts

Clean-energy venture: Pakistan can play leading role in global efforts

Pakistan, rich in sunlight, wind and water resources, can play a leading role in global efforts to curb greenhouse emissions through working on clean-energy venture. The United States recently announced a major initiative against global climate change wit
Published 29 Oct, 2015 12:00am
Margins on MTB decline slightly

Margins on MTB decline slightly

Margins on short-term government paper declined up to 15 basis points (bps) in the auction held Wednesday. The State Bank of Pakistan conducted MTBs auction on October 28, 2015 for the sale of 3-month, 6-month and 12-month papers and received bids amounti
Published 29 Oct, 2015 12:00am
Margins on MTB decline slightly

Margins on MTB decline slightly

Margins on short-term government paper declined up to 15 basis points (bps) in the auction held Wednesday. The State Bank of Pakistan conducted MTBs auction on October 28, 2015 for the sale of 3-month, 6-month and 12-month papers and received bids amounti
Published 29 Oct, 2015 12:00am
Three suspects held

Three suspects held

Rangers on late Tuesday night arrested an alleged criminal belonging to a political party among three suspects in different operations. According to sources, the paramilitary forces conducted a search operation in Liquatabad N0-9 in which they arrested tw
Published 29 Oct, 2015 12:00am
Distance Education Programme: SU announces MA examination schedule

Distance Education Programme: SU announces MA examination schedule

Controller of Examinations (Annual) University of Sindh Ghulam Murtaza Siyal has announced the schedule of MA (Previous/Final) Distance Education Programme 2015. The examinations forms will be available at the office of the Director Distance Education Off
Published 29 Oct, 2015 12:00am
PAF chief calls on UK chief of Air Staff

PAF chief calls on UK chief of Air Staff

Air Chief Marshal Sohail Aman, Chief of the Air Staff, Pakistan Air Force called on Air Chief Marshal Sir Andrew Pulford, Chief of Air Staff Royal Air Force, United Kingdom at RAF Headquartres, Ministry of Defence, London on Wednesday. Both the dignitarie
Published 29 Oct, 2015 12:00am
Ayyan Ali case: hearing adjourned till November 3
Currency

Ayyan Ali case: hearing adjourned till November 3

Customs Court on Wednesday adjourned the hearing of Ayyan Ali's acquittal plea till November 03. Customs Court Judge Rana Aftab Ahmed was hearing the case. Model Ayyan Ali's lawyer Lateef Khosa gave detailed arguments in the court stating that his client
Published 29 Oct, 2015 12:00am
SECP apprises Dar about bourses' integration plan

SECP apprises Dar about bourses' integration plan

Chairman, Securities and Exchange Commission of Pakistan (SECP), Zafar Hijazi met Federal Minister for Finance and Revenue, Muhammad Ishaq Dar, and briefed him on the progress made with regard to the integration of the stock exchanges and approval of the
Published 29 Oct, 2015 12:00am
LHC, SHC: President approves appointment, extension cases

LHC, SHC: President approves appointment, extension cases

President Mamnoon Hussain on Wednesday approved confirmation and extension of 12 additional judges of Lahore High Court and appointment of nine Additional Judges of Sindh High Court. The President gave the approval on the advice of the Prime Minister on t
Published 29 Oct, 2015 12:00am
Islamabad delimitation: IHC dismisses PTI's, others' petitions

Islamabad delimitation: IHC dismisses PTI's, others' petitions

Islamabad High Court (IHC) on Wednesday dismissed identical petitions filed by Pakistan Tehreek-e-Insaf (PTI) and others against delimitation of union councils of the federal capital for upcoming LB polls. An IHC division bench comprising Justice Noorul H
Published 29 Oct, 2015 12:00am
Saudi Arabia executes Pakistani

Saudi Arabia executes Pakistani

Saudi Arabia on Wednesday executed a Pakistani convicted of murdering an Indonesian couple. The interior ministry said Amal Jan Hajji had been found guilty of killing Bambang Sukyato and his wife Suryati Widyastuti. He broke into their home and beat them
Published 29 Oct, 2015 12:00am
Fatness causes 20 percent diseases: WHO

Fatness causes 20 percent diseases: WHO

The World Health Organisation (WHO) has declared that 20 percent diseases are caused due to fatness and it is the main cause of various diseases mainly heart disease. The number of Pakistan is on ninth out of 188 countries in the world and in Pakistan 20
Published 29 Oct, 2015 12:00am
Pakistan has some influence over Taliban: Sartaj

Pakistan has some influence over Taliban: Sartaj

Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz has said that Pakistan has some influence on Taliban but no control over them, reported Radio Pakistan. Speaking to a private TV channel, Aziz said it was up to the Afghan government to resume t
Published 29 Oct, 2015 12:00am
Justice Ashraf made judge of FSC

Justice Ashraf made judge of FSC

President Mamnoon Hussain on Wednesday approved the appointment of Justice Ashraf Jahan as judge of the Federal Shariat Court A statement from Aiwan-e-Sadr said the President on a summary of Law, Justice and Human Rights Division, approved the Prime Minis
Published 29 Oct, 2015 12:00am
India, Pakistan must move towards conflict resolution: Basit

India, Pakistan must move towards conflict resolution: Basit

Pakistan's High Commissioner to India Abdul Basit on Wednesday said both India and Pakistan must move from conflict management to conflict resolution. He said Prime Minister Muhammad Nawaz Sharif had a vision for peace and development for South Asia and t
Published 29 Oct, 2015 12:00am
Rising incidence of street crimes poses major challenge to police: AIG

Rising incidence of street crimes poses major challenge to police: AIG

The city police chief, AIG Mushtaq Ahmed Mahar said here on Wednesday that police was making all-out efforts to control increasing incidence of street crimes despite having insufficient funds. "Though we have successfully maintained law and order in the c
Published 29 Oct, 2015 12:00am
Breast cancer: public awareness walk held

Breast cancer: public awareness walk held

The King Edward Medical University's (KEMU) Department of Surgery in Lahore set up a walk on Wednesday to raise public awareness about breast cancer. Vice Chancellor Professor Faisal Masud too took part. Professor Khalid Masood Gondal, the department head
Published 29 Oct, 2015 12:00am
Forest Department: NAB orders freezing properties of former DFO

Forest Department: NAB orders freezing properties of former DFO

Director General (DG) National Accountability Bureau (NAB) Khyber Pakhtunkhwa has ordered freezing of properties of accused Muqarrab Shah, ex-DFO Forest Department Khyber Pakhtunkhwa for allegedly accumulating assets beyond known sources of income worth m
Published 29 Oct, 2015 12:00am
Tax related matters: Dar reviews implementation of decisions

Tax related matters: Dar reviews implementation of decisions

Minister for Finance Ishaq Dar on Wednesday chaired a meeting of the senior officials of the Ministry of Finance and Federal Board of Revenue on important tax related matters. The meeting reviewed implementation of decisions taken during recent interactio
Published 29 Oct, 2015 12:00am
Tax related matters: Dar reviews implementation of decisions

Tax related matters: Dar reviews implementation of decisions

Minister for Finance Ishaq Dar on Wednesday chaired a meeting of the senior officials of the Ministry of Finance and Federal Board of Revenue on important tax related matters. The meeting reviewed implementation of decisions taken during recent interactio
Published 29 Oct, 2015 12:00am
First quarter services trade deficit narrows down by 76 percent

First quarter services trade deficit narrows down by 76 percent

The country's services trade account continued to perform well as its deficit shrank 76 percent during the first quarter of this fiscal year supported by lower imports. Economists said a massive decline in services trade deficit will reduce pressure on ex
Published 29 Oct, 2015 12:00am
Online taxi giant: Uber aims to launch in Pakistan by end of 2015

Online taxi giant: Uber aims to launch in Pakistan by end of 2015

Online taxi-hailing service Uber will launch in Pakistan by the end of the year, a spokeswoman said on Tuesday, part of an aggressive push targeting megacities in the Asia Pacific region. Undeterred by the failure of other online taxi-hailing ventures in
Published 29 Oct, 2015 12:00am
Nisar approves setting up of 73 new district passport offices

Nisar approves setting up of 73 new district passport offices

Minister for Interior Chaudhry Nisar Ali Khan on Wednesday accorded approval for establishment of 73 district passport offices across the country to facilitate people. Approval to this effect was given at a high-level meeting held under the chairmanship o
Published 29 Oct, 2015 12:00am
Lowari tunnel to be completed by end of next year: Prime Minister

Lowari tunnel to be completed by end of next year: Prime Minister

Prime Minister Muhammad Nawaz Sharif on Wednesday announced the completion of Lowari Tunnel by the end of next year and said the problems of Chitral would be resolved soon. Addressing the local people affected by the recent earthquake, the Prime Minister
Published 29 Oct, 2015 12:00am
Ali Jan Khan new MD of PEF

Ali Jan Khan new MD of PEF

Ali Jan Khan on Wednesday has assumed the charge of post of Managing Director (MD), Punjab Education Foundation. Belonging to the 28th Common Training Program of the Pakistan Administrative Service (PAS), he has served on different positions of importance
Published 29 Oct, 2015 12:00am
The Weather

The Weather

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

Published 29 Oct, 2015 12:00am
Powerful army with nukes a guarantee for country's survival: VC PU

Powerful army with nukes a guarantee for country's survival: VC PU

Punjab University Vice Chancellor Professor Doctor Mujahid Kamran has said "a powerful army with nukes is a guarantee for the country's survival and no enemy is able to meet our eyes with evil intentions". His comment came on Wednesday in a pointed addres
Published 29 Oct, 2015 12:00am
Bullion Rates

Bullion Rates

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

Published 29 Oct, 2015 12:00am
Pakistan and Iran discuss regional security

Pakistan and Iran discuss regional security

Pakistan and Iran on Wednesday expressed their commitment to promote their political, economic, defence and cultural relations as well as close co-operation for unity and solidarity among Islamic countries. The commitment was expressed during a meeting be
Published 29 Oct, 2015 12:00am
Bullion Rates

Bullion Rates

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

Published 29 Oct, 2015 12:00am
Germany to sell universal auto parts

Germany to sell universal auto parts

Robert BOSCH Automotive, a German auto parts manufacturing company, has signed an agreement Koh-i-Noor Trading, a private Pakistani concern, for sale and distribution of universal auto parts in the country. The agreement was signed between the two concern
Published 29 Oct, 2015 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 29 Oct, 2015 12:00am
KP government launches Insaf Food Security Programme

KP government launches Insaf Food Security Programme

Khyber Pakhtunkhwa Government has formally launched the Insaf Food Security Programme through the Provincial Agriculture Department. Under the programme, farmers all over the province would be given authenticated seed of wheat free of cost on which the go
Published 29 Oct, 2015 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 29 Oct, 2015 12:00am
Focal group formed to probe cops' killing cases

Focal group formed to probe cops' killing cases

Sindh Police on Wednesday decided to form a focal investigation group to probe into police officials' murder cases registered during 2015. It was decided at a meeting presided over by Inspector General of Police (IGP), Sindh, Ghulam Hyder Jamali at the Ce
Published 29 Oct, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

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

Published 29 Oct, 2015 12:00am
First 'International Conference on Inclusive Education' on November 3

First 'International Conference on Inclusive Education' on November 3

Department of Special Needs Education in collaboration with Department of Education, University of Management and Technology, Lahore is organising its first International Conference on Inclusive Education, ICIE 2015, on November 3. The theme of the confer
Published 29 Oct, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (October 28, 2015)

Published 29 Oct, 2015 12:00am
Reduction in FAC welcomed

Reduction in FAC welcomed

Various circles have welcomed Rs 2.88 per unit reduction in Fuel Adjustment Charges (FAC) for the month of September and said that it is indicative of the successful and people friendly policies of the government. President Faisalabad Chamber of Commerce
Published 29 Oct, 2015 12:00am
LB polls in Punjab: opposition demands army deployment

LB polls in Punjab: opposition demands army deployment

All opposition parties including Pakistan Tehreek-e- Insaf (PTI) and PPP on Wednesday demanded of the Election Commission of Pakistan to deploy army personnel at polling stations in the upcoming Local Government elections to prevent possible rigging and d
Published 29 Oct, 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 Wednesday (October 28, 2015).

Published 29 Oct, 2015 12:00am
Levies' man martyred in militant attack

Levies' man martyred in militant attack

One levies officer was killed when some unidentified militants attacked at a security check post in Ghaiba Khore, area of Tehsil Haleemzai in Mohmand Agency on late Tuesday night. According to details, some unidentified militants launched an attack on a s
Published 29 Oct, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 29 Oct, 2015 12:00am
Court indicts 20 Christians over lynching

Court indicts 20 Christians over lynching

A court on Wednesday indicted 20 Christians over the lynching of two Muslim men following suicide bombings on a pair of Lahore churches in March, a lawyer said. Seventeen people died as a result of the suicide bombings in the Youhanabad district, with mor
Published 29 Oct, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 29 Oct, 2015 12:00am
Third ballot of Apna Rozgar Scheme held

Third ballot of Apna Rozgar Scheme held

The third reserve balloting for the APNA ROZGAR Scheme took place on October 28 during a function at the Shahra-e-Quaid-e-Azam in Lahore. Provincial Finance Minister Ayesha Ghaus chaired the function. The scheme will provide 50,000 vehicles (25,000 Suzuki
Published 29 Oct, 2015 12:00am
CJ LHC administers oath to four additional judges

CJ LHC administers oath to four additional judges

Lahore High Court Chief Justice Manzoor Ahmad Malik administered oath to four additional judges on their confirmation in a simple ceremony on Wednesday. They included Justices Arshad Mahmood Tabassum, Muhammad Tariq Abbasi, Chaudhry Muhammad Masood Jahang
Published 29 Oct, 2015 12:00am
CAA launches drive on 'bird aircraft strike hazard' at major airports

CAA launches drive on 'bird aircraft strike hazard' at major airports

The Pakistan Civil Aviation Authority (CAA) has launched a nation-wide campaign on "bird aircraft strike hazard" at the major airports, including the Benazir Bhutto, Allama Iqbal and Jinnah international airports. The key objective of the campaign on Wedn
Published 29 Oct, 2015 12:00am
THE RUPEE: upward march persists
Currency

THE RUPEE: upward march persists

A rising trend persisted on the money market on Wednesday as the rupee extended overnight slide against the dollar owing to forward buying of the greenback, dealers said. The feature of the day was dollar's further rise versus the rupee during the day and
Published 29 Oct, 2015 12:00am
THE RUPEE: upward march persists
Currency

THE RUPEE: upward march persists

A rising trend persisted on the money market on Wednesday as the rupee extended overnight slide against the dollar owing to forward buying of the greenback, dealers said. The feature of the day was dollar's further rise versus the rupee during the day and
Published 29 Oct, 2015 12:00am
LCCI members visit Chinese consulate

LCCI members visit Chinese consulate

A delegation of Lahore Chamber of Commerce and Industry (LCCI) led by its President Sheikh Muhammad Arshad on Wednesday visited the Chinese Consulate in Lahore and had a detailed discussion with the Chinese Consul General Yu Boren regarding two-way trade,
Published 29 Oct, 2015 12:00am
Ulema demand immediate end of Riba

Ulema demand immediate end of Riba

Eminent religious scholar and chief of the Jamiat e Ittehadul Ulema (JIU), Maulana Abdul Ma'lik, has announced that the Ulema from all schools of thought would start a vigorous movement against usury/ interest system with the support of the general public
Published 29 Oct, 2015 12:00am
Two held in Khanewal for selling pork

Two held in Khanewal for selling pork

As many as two persons said to be involved in selling pork to different hotels were arrested here in Khanewal on Wednesday. According to details, the wildlife department carried out a raid at Pirowal Jungle in Khanewal and arrested two persons named Sonu
Published 29 Oct, 2015 12:00am