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Nov 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-11-19
Iran hands over two bodies

Iran hands over two bodies

Iranian security forces handed over two bodies of Pakistani to Levies force on Pak-Iran borders in Taftan area of Chaghi district. Levies sources said on Wednesday that Muhammad Salman and Muhammad Imran resident of Sialkot area of Punjab were heading to
Published 19 Nov, 2015 12:00am
Pakistan Postal Service signs MoU with BoP

Pakistan Postal Service signs MoU with BoP

Pakistan Postal Service sign their first-ever Memorandum of Understanding (MoU) with The Bank of Punjab (BOP) on Wednesday. The signing ceremony was conducted in the presence of President of BOP Naeemuddin Khan and Director General Pakistan Postal Service
Published 19 Nov, 2015 12:00am
Telenor holds exhibition at Expo Centre

Telenor holds exhibition at Expo Centre

Telenor Pakistan on Wednesday organised an exhibition at Expo Centre to spread awareness on Internet of Things (IoT) and introduced new devices connecting gadgets remotely. Talking to newsmen at the exhibition, Deputy CEO, Telenor Pakistan, Irfan Wahab Kh
Published 19 Nov, 2015 12:00am
'Mobile Commerce and Banking Summit' held

'Mobile Commerce and Banking Summit' held

The Professionals Network on Wednesday organised Mobile Commerce and Banking Summit & Exhibition, aimed at promoting the country's e-commerce sector steadfastly. Executives from different banks, financial and digital technology sectors attended the event
Published 19 Nov, 2015 12:00am
Pro-poor development: call for strengthening water economy

Pro-poor development: call for strengthening water economy

The concluding session of the international Water Conference titled "Securing Sustainable Water for All: Inclusion, Integration and Innovation" highlighted that pro-poor development in Pakistan will have to start with water development and strengthening t
Published 19 Nov, 2015 12:00am
Students of Dawood School welcome Tracy

Students of Dawood School welcome Tracy

Students of Dawood Public School and students from different government schools around Karachi gave a warm and enthusiastic welcome to Tracey Curtis-Taylor solo biplane pilot, when she visited the Dawood Public School this morning. The students regard Tra
Published 19 Nov, 2015 12:00am
SHC rejects IG Sindh's apology in contempt case

SHC rejects IG Sindh's apology in contempt case

Sindh High Court (SHC) on Wednesday rejected the unconditional apology letters of 14 police officers including Inspector General (IG) Sindh Ghulam Hyder Jamali in contempt case.
Published 19 Nov, 2015 12:00am
Habib-METRO donates goods for quake victims

Habib-METRO donates goods for quake victims

Habib-METRO Pakistan (House of Habib) & METRO-Habib Cash & Carry Pakistan arranged nine tons of essential relief items of food and non-food items including blankets, pillows, jackets, sweaters, pulses, flour and sugar etc for the earthquake affectees of S
Published 19 Nov, 2015 12:00am
NBP, Money Gram discuss future prospects of collaboration

NBP, Money Gram discuss future prospects of collaboration

National Bank of Pakistan (NBP) and Money Gram formally discussed various points for finalising agreement to enter Money Gram as another important tie-up of NBP. This new addition in NBP tie-ups will help to meet the demands and changing market dynamics o
Published 19 Nov, 2015 12:00am
NCDR instrumental in resolving trade & other disputes: Suttar

NCDR instrumental in resolving trade & other disputes: Suttar

National Centre for Dispute Resolution (NCDR) has been instrumental in resolving various trade and other disputes, besides releasing over US $36.5 million to various parties. The NCDR is playing a role of a mediator between various parties for resolving c
Published 19 Nov, 2015 12:00am
Swiss Business Council elects office-bearers

Swiss Business Council elects office-bearers

The seventh Annual General Meeting of the Swiss Business Council (SBC) was held to elect its office-bearers for 2015-16. Asif Ikram was elected unopposed as President, Arshad Saeed Husain as Vice President and K M Iqbal as Company Secretary & Treasurer. T
Published 19 Nov, 2015 12:00am
Afghan refugees: HRW urges government to end 'harassment' by police

Afghan refugees: HRW urges government to end 'harassment' by police

Government must take steps to end rampant police harassment, threats and violence against its approximately three million Afghan refugees, Human Rights Watch said Wednesday. More than 65,000 Afghans have been driven out of Pakistan since the start of the
Published 19 Nov, 2015 12:00am
Cricket diplomacy fails to thaw strained Pak-India ties

Cricket diplomacy fails to thaw strained Pak-India ties

Strained relations between nuclear rivals India and Pakistan have left no room for cricket diplomacy, well placed sources in the Interior Ministry told Business Recorder. "Chaudhary Nisar, Interior Minister, rightly expressed his concern over decis
Published 19 Nov, 2015 12:00am
PIA inducts Boeing 777-200ER aircraft

PIA inducts Boeing 777-200ER aircraft

Pakistan International Airline (PIA) has successfully inducted Boeing 777-200ER aircraft on dry lease and inaugural flight PK 308 from Karachi to Islamabad reached on Wednesday. This aircraft was manufactured in 2005, powered with two General Electric eng
Published 19 Nov, 2015 12:00am
LNG project to help meet energy needs: President

LNG project to help meet energy needs: President

Terming the LNG project as excellent, President Mamnoon Hussain on Wednesday said that serving the people and resolving their issues within the available resources was the real achievement. The President was briefed on the Liquified Natural Gas (LNG) proj
Published 19 Nov, 2015 12:00am
NAB Ordinance: 'Amendment at this time will be inappropriate'

NAB Ordinance: 'Amendment at this time will be inappropriate'

A parliamentary body on Wednesday observed that the National Accountability Bureau (amendment) Bill 2015 seeking to limit the jurisdiction of NAB to only federal government departments, should remain pending till the establishment of autonomous accountabi
Published 19 Nov, 2015 12:00am
NIRC chairman's appointment challenged

NIRC chairman's appointment challenged

The appointment of Chairman, National Industrial Relations Commission (NIRC), former Justice Muhammad Fayyaz has been challenged in Islamabad High Court (IHC) on Wednesday. A single member bench comprising Justice Athar Minallah took up the case filed by
Published 19 Nov, 2015 12:00am
CPEC parliamentary body to visit Gwadar on November 28

CPEC parliamentary body to visit Gwadar on November 28

The Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) would visit Gwadar on November 28-29 for a briefing on the Gwadar port and CPEC related projects. The members of the committee would also inspect the Western route by travelling from t
Published 19 Nov, 2015 12:00am
Byco SPM recognised as port by Worldscale

Byco SPM recognised as port by Worldscale

Byco Single Point Mooring (SPM), the first and so far the only SPM in Pakistan, has been included as a new port in the amendment circular issued globally by Worldscale. Worldscale is the name given to the data produced by Worldscale Association (NYC) Inc
Published 19 Nov, 2015 12:00am
'Bad governance' poses threat to democracy: Imran

'Bad governance' poses threat to democracy: Imran

Pakistan Tehreek-e-Insaf chairman, Imran Khan warned on Tuesday that democracy is under threat due to 'bad governance' in the country. Talking to media after visiting Bomb Disposal Squad Unit in Peshawar, Imran said the entire country is asking the govern
Published 19 Nov, 2015 12:00am
Prime Minister visits Imam Bukhari's mausoleum

Prime Minister visits Imam Bukhari's mausoleum

Prime Minister Nawaz Sharif on Wednesday offered Fateha at the mausoleum of Abu Abdullah Muhammad Ibne Ismail al-Bukhari, commonly known as Imam Bukhari. Born in Bukhara, Imam Bukhari died in 870 AD and buried some 25 kilometers from Samarkand. He is know
Published 19 Nov, 2015 12:00am
HBL launches 'HBL Nisa' platform for women

HBL launches 'HBL Nisa' platform for women

HBL on Tuesday launched yet another initiative - HBL Nisa - to facilitate women's banking in Pakistan. Women make up nearly half of the Pakistani population, and play a vital role in the country's economic and social development. With Nisa, HBL hopes to c
Published 19 Nov, 2015 12:00am
LPG price rises with advent of winter

LPG price rises with advent of winter

The price of the Liquefied Petroleum Gas (LPG) has increased as a result of surge in demand with the advent of winter, according to market sources. The supply of LPG is 1,650 tons per day against the demand of 2,600 a day. Market sources add that during t
Published 19 Nov, 2015 12:00am
FBR sets time-frame for execution of key reform measures

FBR sets time-frame for execution of key reform measures

The Federal Board of Revenue (FBR) has fixed a timeframe for implementation of key reform/policy measures including withdrawal of exemption statutory regulatory orders (SROs) by end-February 2016 and establish centralised electronic database between feder
Published 19 Nov, 2015 12:00am
Two-day ArtTech festival to begin tomorrow

Two-day ArtTech festival to begin tomorrow

Khyber Pakhtunkhwa IT Board in collaboration with World Bank, Khyber Pakhtunkhwa Tourism Corporation and Peshawar 2.0 is going to hold "ArtTech Festival". The two-day festival will be held in Peshawar Museum to be inaugurated by KP senior minister for Inf
Published 19 Nov, 2015 12:00am
SECP holds seminar at NUST Business School

SECP holds seminar at NUST Business School

The Securities and Exchange Commission of Pakistan (SECP) reached to the students of NUST Business School at its campus in Islamabad and organised a seminar for NBS students on investment education and awareness. During the seminar, the Chairman SECP's vi
Published 19 Nov, 2015 12:00am
FIA nabs 87 human smugglers

FIA nabs 87 human smugglers

The Federal Investigation Agency (FIA) on Wednesday arrested 87 human smugglers and their agents in an ongoing drive against human traffickers. An official said that the FIA teams conducted raids in different parts of the country and recovered many Pakist
Published 19 Nov, 2015 12:00am
Hearing of Benazir Bhutto's murder case adjourned till November 23

Hearing of Benazir Bhutto's murder case adjourned till November 23

Anti-Terrorism Court (ATC) on Wednesday postponed hearing of former Prime Minister Benazir Bhutto's assassination case till November 23. According to details, lawyer of Pervaiz Musharraf Barrister Farrukh Naseem did not appear before the court for complet
Published 19 Nov, 2015 12:00am
PIA's performance marred by political interference
Currency

PIA's performance marred by political interference

Political interference and overstaffing has rendered Pakistan International Airlines (PIA) inefficient with massive losses with the national flag carrier employing 4.4 times more staff for operational purposes compared to the industry's average. Sources s
Published 19 Nov, 2015 12:00am
Reforms to improve business, investment climate shortly: Miftah

Reforms to improve business, investment climate shortly: Miftah

Board of Investment (BoI) Chairman and Special Assistant to Prime Minister, Miftah Ismail, on Wednesday said that the government is planning to introduce reforms which would help improve business and investment environment in the country.
Published 19 Nov, 2015 12:00am
IFC signs agreement with NRSP

IFC signs agreement with NRSP

International Finance Corporation IFC), a member of the World Bank Group, has signed an agreement with Pakistan's NRSP Microfinance Bank to help develop Digital Financial Services (DFS) that will improve access to finance for the country's rural communiti
Published 19 Nov, 2015 12:00am
USAID announces grants for energy-related research

USAID announces grants for energy-related research

The UA-Pakistan Centers for Advanced Studies in Energy (USPCAS-E) at the National University of Sciences and Technology (NUST), University of Engineering and Technology (UET), and Arizona State University (ASU), funded by the US Agency for International D
Published 19 Nov, 2015 12:00am
LB polls in Sindh: holiday in 14 districts today

LB polls in Sindh: holiday in 14 districts today

The Government of Sindh has declared November 19 (Thursday) as a closed holiday in all 14 districts of the province where Local Bodies Polls are scheduled to be held. This has been decided to facilitate the voters to cast their votes, the announcement sai
Published 19 Nov, 2015 12:00am
Moving SAARC forward with rigid visa policy intangible: declaration

Moving SAARC forward with rigid visa policy intangible: declaration

Visa is one of the most serious challenges, hindering socio-economic integration process in South Asia. There is a dire need to take appropriate immediate actions to improve air, sea and road links amongst the SAARC member states if deeper economic cooper
Published 19 Nov, 2015 12:00am
Criteria for protecting local industry evolved: NTC chief

Criteria for protecting local industry evolved: NTC chief

National Tariff Commission (NTC) has evolved criteria for protecting domestic industry. This was stated by NTC's chairman Abbas Raza while speaking at a meeting of Korangi Association of Trade and Industry (Kati) here on Wednesday. He also disclosed that
Published 19 Nov, 2015 12:00am
Training on community journalism concludes

Training on community journalism concludes

People are using social media and other options to raise their community issues as traditional print and electronic media is not giving a proper coverage to their problems. Speakers made these observations while speaking a certificate distribution ceremon
Published 19 Nov, 2015 12:00am
Pakistani doctor acquitted of inappropriately touching girl

Pakistani doctor acquitted of inappropriately touching girl

A US judge acquitted a Pakistani physician of all charges stemming from allegations he inappropriately touched a girl travelling alone on an American Airlines flight from New York City to Chicago. Both Muhammad Asif Chaudhry, 57, and the school-aged girl
Published 19 Nov, 2015 12:00am
FPCCI chief lauds SBP's efforts towards stabilising banking system

FPCCI chief lauds SBP's efforts towards stabilising banking system

Federation Pakistan Chamber of Commerce and Industry's (FPCCI) president Mian Muhammad Adrees has felicitated State Bank of Pakistan as a regulator for the up-gradation of credit rating of Pakistan banking system from negative to stable by Moody's, saying
Published 19 Nov, 2015 12:00am
Repatriation of TDPs to be completed by 2016-mid: Mahtab

Repatriation of TDPs to be completed by 2016-mid: Mahtab

Khyber Pakhtunkhwa Governor Sardar Mahtab Ahmad Khan has said tribesmen had rendered great sacrifices for the peace of entire region and now the time has come to take steps for their development. Talking a delegation from South Waziristan Agency led by me
Published 19 Nov, 2015 12:00am
KP PA refers 'whistleblower bill' to select body

KP PA refers 'whistleblower bill' to select body

The provincial assembly of Khyber Pakhtunkhwa Tuesday referred the crucial legislation for the establishment of Whistleblower and Vigilance Commission Bill 2015 to a select committee for threadbare vetting. The bill was introduced for consideration in the
Published 19 Nov, 2015 12:00am
Margin on PIB declines

Margin on PIB declines

The cut-off yield on Pakistan Investment Bonds (PIBs) declined up to 18 basis points (bps) in the auction held Wednesday, indicating another rate cut in upcoming monetary policy. According to SBP, the auction for the sale of long-term government securitie
Published 19 Nov, 2015 12:00am
Margin on PIB declines

Margin on PIB declines

The cut-off yield on Pakistan Investment Bonds (PIBs) declined up to 18 basis points (bps) in the auction held Wednesday, indicating another rate cut in upcoming monetary policy. According to SBP, the auction for the sale of long-term government securitie
Published 19 Nov, 2015 12:00am
Relics of Indus civilisation discovered in DI Khan

Relics of Indus civilisation discovered in DI Khan

During ongoing excavation on ancient Sikandar South in D I Khan, conducted by Directorate of Archaeology and Museums Khyber Pakhtunkhwa in collaboration with the Department of Archaeology, University of Peshawar, has discovered remains of Indus civilisati
Published 19 Nov, 2015 12:00am
Siraj approves MQM's plea to retract resignations

Siraj approves MQM's plea to retract resignations

Speaker of Sindh Assembly Agha Siraj Durrani on Wednesday welcomed the leaders of Muttahida Qaumi Movement (MQM) in assembly by approving their plea filed to withdrawal resignations. While talking to media persons in the chamber of Sindh Assembly, the Spe
Published 19 Nov, 2015 12:00am
Ban on coverage: Pemra asked to file reply by December 8

Ban on coverage: Pemra asked to file reply by December 8

The federal government and the Pakistan Electronic Media Regulatory Authority (Pemra) has been issued a notice by Lahore High Court to reply by December 8 in response to a petition challenging a ban on the media coverage of organisations, the Amatud Dawa
Published 19 Nov, 2015 12:00am
Global COPD Day observed

Global COPD Day observed

In an address to a media briefing with reference to the Global COPD Day on Wednesday, doctors said over 2000 million people are suffering from chronic obstructive pulmonary disease (COPD) and Pakistan sharing the burden of 6.9 million people. Doctors furt
Published 19 Nov, 2015 12:00am
Wheat to be sown over massive land: PAD

Wheat to be sown over massive land: PAD

Over 1.65 crore acres of land would be brought under wheat crop during Rabi crop season in wheat growing parts of the Punjab. Punjab Agriculture Department (PAD) sources told Business Recorder on Wednesday that in order to attain the fixed target o
Published 19 Nov, 2015 12:00am
E&TD recovers Rs 10.41 billion tax up to November: minister
Cotton

E&TD recovers Rs 10.41 billion tax up to November: minister

Provincial Minister for Excise and Taxation Mujtaba Shuja-ur-Rehman has said that Excise and Taxation Department has recovered Rs 10.41 billion tax up to November 2015 which is more than previous year. He said that the tax has been recovered under the hea
Published 19 Nov, 2015 12:00am
American and Chinese CGs meet Punjab minister

American and Chinese CGs meet Punjab minister

American Consul General Lahore Zachary Harkenrider and Chinese Consul General Yu Boren met Provincial Minister for Education Rana Mashhood Ahmad Khan here Wednesday separately. The Provincial Minister informed both the diplomats about reforms introduced i
Published 19 Nov, 2015 12:00am
Speakers for steps to discourage wastage of water

Speakers for steps to discourage wastage of water

Pakistan needs Kalabagh Dam like many dams to meet its future needs of water and electricity; however, in addition to these dams, we have to promote various measures at grass root level to discourage wastage of water, said Chaudhary Muhammad Nawaz Preside
Published 19 Nov, 2015 12:00am
Meeting on December 9: IPCC may take up WHT issues raised by provinces

Meeting on December 9: IPCC may take up WHT issues raised by provinces

The Inter Provincial Co-ordination Committee (IPCC) is likely to meet next month to discuss major issues on withholding taxes raised by provinces particularly Sindh government's concerns with respect to double payment of withholding tax. Sources told B
Published 19 Nov, 2015 12:00am
UVAS holds workshop on 'loose milk supply'

UVAS holds workshop on 'loose milk supply'

The Department of Food Sciences and Human Nutrition of the University of Veterinary and Animal Sciences in Lahore and the Punjab Enabling Environment Project organised a one-day training workshop on "data collection for assessment of loose milk supply to
Published 19 Nov, 2015 12:00am
Crosman's team arrives

Crosman's team arrives

A delegation of Crosman Corporation USA has arrived Pakistan to explore the market opportunities for its airguns. Marc Miller, the International Sales Manager, told Business Recorder that the Crosman Corporation was founded in 1923 in Rochester, Ne
Published 19 Nov, 2015 12:00am
Workshop

Workshop

President Sialkot Chamber of Commerce and Industry (SCCI) Mansoor Ahmed on Wednesday said that SCCI has taken the initiative to train new exporters through a two-week training workshop "Exports Organisation Programme." The training programme would cover a
Published 19 Nov, 2015 12:00am
'Strategy being finalised to promote sports hunting'

'Strategy being finalised to promote sports hunting'

Director General Wildlife and Parks Punjab, Khalid Ayyaz Khan has said that a comprehensive strategy is being finalised to promote sports hunting and to address problems of legal hunters, which will not only reduce the tendency of illegal hunting, but mor
Published 19 Nov, 2015 12:00am
Talks initiated on FTA with Pakistan: Turkish envoy

Talks initiated on FTA with Pakistan: Turkish envoy

Negotiations has been initiated for Free Trade Agreement (FTA) between Pakistan and Turkey and a formal agreement is expected within next year which will open new avenues for the promotion of bilateral trade between the two countries, said Ambassador of T
Published 19 Nov, 2015 12:00am
WWF, FCCI sign MoU

WWF, FCCI sign MoU

WWF-Pakistan and Faisalabad Chamber of Commerce and Industries (FCCI) signed memorandum of understanding (MoU) to organise awareness sessions for the industrial sector and capacity building seminars on water and energy conservation. Dr Masood Arshad, Dire
Published 19 Nov, 2015 12:00am
Rs 70 million loss: seven coaches gutted in just one week

Rs 70 million loss: seven coaches gutted in just one week

Inferno attacks continue to scarp Pakistan Railways bogies at its Cantonment Station, inflicting at least Rs 70 million losses to the national economy. According to sources, three bogies were reduced to ashes in two different fire incidents on Wednesday,
Published 19 Nov, 2015 12:00am
Youth Performing Arts Festival from today

Youth Performing Arts Festival from today

The 14th Rafi Peer Youth Performing Arts Festival is starting from Thursday (today) and will be continued till November 22. Music, dance and theatre teams from National College of Arts, Kinnaird College, Government College University, Punjab University, L
Published 19 Nov, 2015 12:00am
Cotton futures rise as spread trading continues, contango builds
Cotton

Cotton futures rise as spread trading continues, contango builds

ICE cotton futures rose for the third straight session on Wednesday, with traders rolling long positions forward to the March contract as the December contract's first notice day approached, pushing the contango, or the discount of the December 2015 to Ma
Published 19 Nov, 2015 12:00am
Oil ends up, recovering from lows; glut remains a worry

Oil ends up, recovering from lows; glut remains a worry

Oil fell to near three-month lows and US crude futures slipped to below $40 a barrel before settling higher on Wednesday as short-covering lifted a market initially suppressed by worries about a global supply glut. US crude inventories grew by 252,000 bar
Published 19 Nov, 2015 12:00am
US MIDDAY: soyabeans drop

US MIDDAY: soyabeans drop

US soyabean futures fell 1.2 percent on Wednesday on a technical setback following two days of modest gains, traders said. Corn and wheat futures also weakened as a bleak fundamental picture, highlighted by plentiful global stocks, cast a bearish tone acr
Published 19 Nov, 2015 12:00am
US MIDDAY: gold inches higher

US MIDDAY: gold inches higher

Gold prices inched higher after tapping a nearly six-year low on Wednesday as the market reacted to the minutes of a recent US Federal Reserve meeting that gave mixed signals about a poossible rate hike in December. A solid core of Fed officials rallied b
Published 19 Nov, 2015 12:00am
The great America

The great America

How ironic it is that even after killing 150,000 people in Iraq alone, turning Libya and Syria into virtual ruins and creating an ideal incubator for ISIL in the shape of Bucca prison in Iraq the American politicians still have the audacity to say "sorry
Published 19 Nov, 2015 12:00am
Reaping a bitter harvest

Reaping a bitter harvest

This year has been very testing for France because, after the deadly January 7 attack on the office of Charlie Hebdo, on November 13, Paris witnessed the worst human tragedy since WW-II, but perpetrators of this tragedy were European nationals of Arab ori
Published 19 Nov, 2015 12:00am
Developments in international trade law

Developments in international trade law

In order to manage risks in international commercial transactions, contracting parties often seek to agree in advance on how disputes arising out of a transaction between them are to be resolved. In some cases, the parties may refer the dispute to arbitra
Published 19 Nov, 2015 12:00am
VIEW POINT: Getting the facts straight

VIEW POINT: Getting the facts straight

Religious parties are very annoyed with the Prime Minister for saying Pakistan's future lies in a democratic and liberal Pakistan where the private sector thrives and no one is left behind. Reacting to the statement last week, Jamaat-e-Islami (JI) Emir Si
Published 19 Nov, 2015 12:00am
Let Brahamdagh succeed

Let Brahamdagh succeed

Politics is art of the possible, and no one seems to have grasped truth in the adage more succinctly than the self-exiled Baloch Republican Party chief Brahamdagh Bugti. Enraged over the killing of his grandfather Nawab Akbar Bugti in a military operation
Published 19 Nov, 2015 12:00am
The amended State Bank of Pakistan law

The amended State Bank of Pakistan law

Pressurised by the International Monetary Fund (IMF) through a performance criterion under the EFF arrangement, National Assembly of Pakistan finally passed the "The State Bank of Pakistan (Amendment) Bill, 2015" on 9th November, 2015. This Bill was alrea
Published 19 Nov, 2015 12:00am
Bank financing for SME sector to be made mandatory: Dar

Bank financing for SME sector to be made mandatory: Dar

In a bid to achieve 7 percent GDP growth rate and facilitate the neglected sector of the economy, the federal government has decided to make bank financing mandatory for Small and Medium Enterprises (SME) sector. Finance Minister Ishaq Dar Wednesday addre
Published 19 Nov, 2015 12:00am
Bank financing for SME sector to be made mandatory: Dar

Bank financing for SME sector to be made mandatory: Dar

In a bid to achieve 7 percent GDP growth rate and facilitate the neglected sector of the economy, the federal government has decided to make bank financing mandatory for Small and Medium Enterprises (SME) sector. Finance Minister Ishaq Dar Wednesday addre
Published 19 Nov, 2015 12:00am
Bank financing for SME sector to be made mandatory: Dar

Bank financing for SME sector to be made mandatory: Dar

In a bid to achieve 7 percent GDP growth rate and facilitate the neglected sector of the economy, the federal government has decided to make bank financing mandatory for Small and Medium Enterprises (SME) sector. Finance Minister Ishaq Dar Wednesday addre
Published 19 Nov, 2015 12:00am
Facebook has ruined our culture: Supreme Court

Facebook has ruined our culture: Supreme Court

Reproving one of anti-cultural value of cyber regime in Pakistan on Wednesday, the Supreme Court termed ''''girlfriend culture'''' as a ''''custom of the West''''. Rejecting after-arrest bail application filed by an accused Muhammad Munir, apprehended und
Published 19 Nov, 2015 12:00am
Facebook has ruined our culture: Supreme Court

Facebook has ruined our culture: Supreme Court

Reproving one of anti-cultural value of cyber regime in Pakistan on Wednesday, the Supreme Court termed ''girlfriend culture'' as a ''custom of the West''. Rejecting after-arrest bail application filed by an accused Muhammad Munir, apprehended under the c
Published 19 Nov, 2015 12:00am
Facebook has ruined our culture: Supreme Court

Facebook has ruined our culture: Supreme Court

Reproving one of anti-cultural value of cyber regime in Pakistan on Wednesday, the Supreme Court termed 'girlfriend culture' as a 'custom of the West'. Rejecting after-arrest bail application filed by an accused Muhammad Munir, apprehended under the charg
Published 19 Nov, 2015 12:00am
Facebook has ruined our culture: Supreme Court

Facebook has ruined our culture: Supreme Court

Reproving one of anti-cultural value of cyber regime in Pakistan on Wednesday, the Supreme Court termed 'girlfriend culture' as a 'custom of the West'. Rejecting after-arrest bail application filed by an accused Muhammad Munir, apprehended under the charg
Published 19 Nov, 2015 12:00am
Coal plants: rich powers cut export aid

Coal plants: rich powers cut export aid

Advanced economies including the United States, Japan and the European Union have agreed for the first time to restrict state aid for exports of large, inefficient coal-fired power stations, the OECD announced Wednesday. The deal was immediately denounced
Published 19 Nov, 2015 12:00am
Coal plants: rich powers cut export aid

Coal plants: rich powers cut export aid

Advanced economies including the United States, Japan and the European Union have agreed for the first time to restrict state aid for exports of large, inefficient coal-fired power stations, the OECD announced Wednesday. The deal was immediately denounced
Published 19 Nov, 2015 12:00am
Coal plants: rich powers cut export aid

Coal plants: rich powers cut export aid

Advanced economies including the United States, Japan and the European Union have agreed for the first time to restrict state aid for exports of large, inefficient coal-fired power stations, the OECD announced Wednesday. The deal was immediately denounced
Published 19 Nov, 2015 12:00am
The Weather

The Weather

The weather report on Wednesday (November 18, 2015) and the forecast for Thursday (November 19, 2015).

Published 19 Nov, 2015 12:00am
New US Ambassador to Pakistan Hale arrives

New US Ambassador to Pakistan Hale arrives

The new US Ambassador to Pakistan David Hale arrived here on Wednesday to take charge of his assignment. the Obama administration gave approval to the appointment of David Hale as the new US ambassador to Pakistan earlier in March David Hale is replacing
Published 19 Nov, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (November 18, 2015).

Published 19 Nov, 2015 12:00am
New US Ambassador to Pakistan Hale arrives

New US Ambassador to Pakistan Hale arrives

The new US Ambassador to Pakistan David Hale arrived here on Wednesday to take charge of his assignment. the Obama administration gave approval to the appointment of David Hale as the new US ambassador to Pakistan earlier in March David Hale is replacing
Published 19 Nov, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (November 18, 2015).

Published 19 Nov, 2015 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 19 Nov, 2015 12:00am
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