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Print - 2015-12-11
NA passes PMDC Ordinance 1962 with certain amendments

NA passes PMDC Ordinance 1962 with certain amendments

National Assembly Standing committee on National Health Services, Regulations and Co-ordination on Thursday passed the Pakistan Medical and Dental Council (PMDC) Ordinance 1962 with certain amendments in it. The committee headed by Khalid Hussain Magel di
Published 11 Dec, 2015 12:00am
NA passes PMDC Ordinance 1962 with certain amendments

NA passes PMDC Ordinance 1962 with certain amendments

National Assembly Standing committee on National Health Services, Regulations and Co-ordination on Thursday passed the Pakistan Medical and Dental Council (PMDC) Ordinance 1962 with certain amendments in it. The committee headed by Khalid Hussain Magel di
Published 11 Dec, 2015 12:00am
SECP seeks comments on draft Companies Bill-2015

SECP seeks comments on draft Companies Bill-2015

The Securities and Exchange Commission of Pakistan (SECP) has asked again the general public and professional bodies to forward their comments and suggestions on the draft Companies Bill, 2015 which has been posted by the Commission on November 29, 2015 o
Published 11 Dec, 2015 12:00am
Houbara bustard: CJ urged to form larger bench

Houbara bustard: CJ urged to form larger bench

A three-member bench of the Supreme Court on Thursday requested the Chief Justice to constitute a larger bench to hear the Federation's review petition filed against the judgement of the apex court banning the hunting of Houbara bustard in Pakistan.
Published 11 Dec, 2015 12:00am
PIA JAC stages demonstration

PIA JAC stages demonstration

Joint Action Committee (JAC) of Pakistan International Airlines (PIA) on Thursday strongly condemned proposed privatisation of PIA and staged demonstration in front of booking office and urged the government to withdraw this decision immediately. The demo
Published 11 Dec, 2015 12:00am
Khurshid refuses to initiate debate on Presidential address

Khurshid refuses to initiate debate on Presidential address

While recording protest against absence of Prime Minister and most of cabinet members from the lower house of the parliament, Opposition Leader Syed Khurshid Ahmed Shah on Thursday refused to initiate debate on Presidential address to the joint sitting of
Published 11 Dec, 2015 12:00am
Pakistan to seek Cairns Group's support at WTO meeting

Pakistan to seek Cairns Group's support at WTO meeting

A meeting was held in the Ministry of Commerce to prepare strategy for the forthcoming ministerial meeting of the World Trade Organisation to be held in Nairobi, Kenya next week. Representatives of WTO Wing of the Ministry of Commerce, Ministry of Nationa
Published 11 Dec, 2015 12:00am
Government seeks global investment in power infrastructure

Government seeks global investment in power infrastructure

The government of Pakistan is seeking international investment in the country's coal-based power generation infrastructure. Islamabad's call came in the backdrop of the economic manager's enhanced focus on coal-fired power generation ventures which are ai
Published 11 Dec, 2015 12:00am
Afghan terrorists planning 'mega scale' attack on KSE?

Afghan terrorists planning 'mega scale' attack on KSE?

Karachi Stock Exchange (KSE) is facing what officials at Sindh home department said a "mega scale" terror attack from an Afghanistan-based militant group. While security has been "extra" tightened at the country's largest bourse, the "threat alert" also h
Published 11 Dec, 2015 12:00am
20 seminary pupils hurt in roof collapse

20 seminary pupils hurt in roof collapse

As many as 20 children sustained injuries when roof of under construction religious seminary was collapsed, here on Thursday. According to police and rescue sources, the incident took place in densely populated locality of New Karachi's Sector 4J when the
Published 11 Dec, 2015 12:00am
Textile package: inordinate delay hitting industrial sector: PRGMEA

Textile package: inordinate delay hitting industrial sector: PRGMEA

The inordinate delay in announcement of much trumpeted textile package is further deteriorating the largest industrial sector of the country and biggest export earner; this was stated by acting Chairman Pakistan Readymade Garments Manufacturers and Export
Published 11 Dec, 2015 12:00am
SMEDA's performance reviewed

SMEDA's performance reviewed

Federal Minister for Industries and Production Ghulam Murtaza Khan Jatoi has said Small & Medium Enterprise Development Authority (SMEDA) has a pivotal role to play to promote small businesses and enterprises throughout the country. He said that while cha
Published 11 Dec, 2015 12:00am
Full Court meeting held in Supreme Court

Full Court meeting held in Supreme Court

A Full Court meeting was held on Thursday in the Supreme Court of Pakistan, Islamabad under the Chairmanship of the Honourable Chief Justice of Pakistan Justice Anwar Zaheer Jamali and was attended by Justice Mian Saqib Nisar, Justice Asif Saeed Khan Khos
Published 11 Dec, 2015 12:00am
Rangers' powers: MQM not in agreement with PPP: Izhar

Rangers' powers: MQM not in agreement with PPP: Izhar

Muttahida Qaumi Movement (MQM), the main opposition party in Sindh Assembly on Thursday dispelled the impression that it was in agreement with the ruling Pakistan People's Party (PPP) in the province over Rangers policing powers.
Published 11 Dec, 2015 12:00am
Blackmailing female doctors: LHC rejects petition

Blackmailing female doctors: LHC rejects petition

A petition filed by a man, wanted by the Federal Investigation Agency (FIA) in Peshawar, accused of blackmailing female doctors through social media, has been rejected. FIA arrested the social media predator, Abdul Wahab, following a string of complaints
Published 11 Dec, 2015 12:00am
SECP becomes member of IFSB, Malaysia

SECP becomes member of IFSB, Malaysia

The Securities and Exchange Commission of Pakistan (SECP) has become member of the Islamic Financial Services Board (IFSB), Malaysia, aimed at furthering the Islamic financial services industry in Pakistan. IFSB serves as an international standard-setting
Published 11 Dec, 2015 12:00am
'US encouraged by recent Indo-Pak dialogue'

'US encouraged by recent Indo-Pak dialogue'

"The United States is encouraged by the recent dialogue between Pakistan and India to bilaterally work out the issues between them to reach diplomatic solutions to some of the thorny problems which the two countries still face." This was stated by the Sta
Published 11 Dec, 2015 12:00am
Economic Zones: ordinance promulgated

Economic Zones: ordinance promulgated

The President of Pakistan has promulgated the Special Economic Zones (Amendment) Ordinance 2015. Special Economic Zones Act 2012 is promulgated to encourage industrial infrastructure in the country. The purpose is to facilitate domestic and foreign invest
Published 11 Dec, 2015 12:00am
Economic Zones: ordinance promulgated

Economic Zones: ordinance promulgated

The President of Pakistan has promulgated the Special Economic Zones (Amendment) Ordinance 2015. Special Economic Zones Act 2012 is promulgated to encourage industrial infrastructure in the country. The purpose is to facilitate domestic and foreign invest
Published 11 Dec, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (December 10, 2015).

Published 11 Dec, 2015 12:00am
Economic Zones: ordinance promulgated

Economic Zones: ordinance promulgated

The President of Pakistan has promulgated the Special Economic Zones (Amendment) Ordinance 2015. Special Economic Zones Act 2012 is promulgated to encourage industrial infrastructure in the country. The purpose is to facilitate domestic and foreign invest
Published 11 Dec, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (December 10, 2015).

Published 11 Dec, 2015 12:00am
Economic Zones: ordinance promulgated

Economic Zones: ordinance promulgated

The President of Pakistan has promulgated the Special Economic Zones (Amendment) Ordinance 2015. Special Economic Zones Act 2012 is promulgated to encourage industrial infrastructure in the country. The purpose is to facilitate domestic and foreign invest
Published 11 Dec, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (December 10, 2015).

Published 11 Dec, 2015 12:00am
Afghan spy chief quits after Ghani's outreach to Pakistan

Afghan spy chief quits after Ghani's outreach to Pakistan

The head of Afghanistan's main intelligence agency resigned Thursday, laying bare disagreements with President Ashraf Ghani over his diplomatic outreach to Pakistan aimed at reviving peace talks with the resurgent Taliban. The resignation of Rahmatullah N
Published 11 Dec, 2015 12:00am
Afghan spy chief quits after Ghani's outreach to Pakistan

Afghan spy chief quits after Ghani's outreach to Pakistan

The head of Afghanistan's main intelligence agency resigned Thursday, laying bare disagreements with President Ashraf Ghani over his diplomatic outreach to Pakistan aimed at reviving peace talks with the resurgent Taliban. The resignation of Rahmatullah N
Published 11 Dec, 2015 12:00am
Death toll jumps to 50 in airport siege

Death toll jumps to 50 in airport siege

The death toll from a 27-hour Taliban siege of Kandahar airport has jumped to 50, Afghan officials said Thursday, after a conference in Pakistan shored up international support for reviving peace talks. Eleven suicide attackers on Tuesday breached the hig
Published 11 Dec, 2015 12:00am
Death toll jumps to 50 in airport siege

Death toll jumps to 50 in airport siege

The death toll from a 27-hour Taliban siege of Kandahar airport has jumped to 50, Afghan officials said Thursday, after a conference in Pakistan shored up international support for reviving peace talks. Eleven suicide attackers on Tuesday breached the hig
Published 11 Dec, 2015 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (December 10, 2015).

Published 11 Dec, 2015 12:00am
Blinken calls on CoAS

Blinken calls on CoAS

Antony J Blinken, Deputy Secretary of State of the United States, called on Chief of Army Staff (CoAS) General Raheel Sharif at the General Headquarters on Thursday. During the meeting, both the dignitaries discussed matters related to security and reiter
Published 11 Dec, 2015 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (December 10, 2015).

Published 11 Dec, 2015 12:00am
Blinken calls on CoAS

Blinken calls on CoAS

Antony J Blinken, Deputy Secretary of State of the United States, called on Chief of Army Staff (CoAS) General Raheel Sharif at the General Headquarters on Thursday. During the meeting, both the dignitaries discussed matters related to security and reiter
Published 11 Dec, 2015 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (December 10, 2015).

Published 11 Dec, 2015 12:00am
Iran recruits Pakistanis for combat in Syria

Iran recruits Pakistanis for combat in Syria

For years, websites linked to Iran's Revolutionary Guard have posted articles eulogising Shia fighters who die in Syria. But two men heralded last month for dying to defend a shrine near Damascus were different from most martyrs given such treatment in th
Published 11 Dec, 2015 12:00am
Iran recruits Pakistanis for combat in Syria

Iran recruits Pakistanis for combat in Syria

For years, websites linked to Iran's Revolutionary Guard have posted articles eulogising Shia fighters who die in Syria. But two men heralded last month for dying to defend a shrine near Damascus were different from most martyrs given such treatment in th
Published 11 Dec, 2015 12:00am
SRO 1065(I)/2013: FBR clarifies tax incentive package

SRO 1065(I)/2013: FBR clarifies tax incentive package

The Federal Board of Revenue (FBR) has clarified that the source of investment shall not be probed under SRO1065(I)/2013 by the tax authorities, for existing and new undertakings, if investment is made on or after January 1, 2014, and commercial productio
Published 11 Dec, 2015 12:00am
SRO 1065(I)/2013: FBR clarifies tax incentive package

SRO 1065(I)/2013: FBR clarifies tax incentive package

The Federal Board of Revenue (FBR) has clarified that the source of investment shall not be probed under SRO1065(I)/2013 by the tax authorities, for existing and new undertakings, if investment is made on or after January 1, 2014, and commercial productio
Published 11 Dec, 2015 12:00am
SRO 1065(I)/2013: FBR clarifies tax incentive package

SRO 1065(I)/2013: FBR clarifies tax incentive package

The Federal Board of Revenue (FBR) has clarified that the source of investment shall not be probed under SRO1065(I)/2013 by the tax authorities, for existing and new undertakings, if investment is made on or after January 1, 2014, and commercial productio
Published 11 Dec, 2015 12:00am
Opec sees non-cartel oil supply falling in 2016

Opec sees non-cartel oil supply falling in 2016

Opec said Thursday that it expects oil production by countries outside the cartel to fall in 2016 by more than it previously forecast, in a sign that its audacious strategy may be working at last. In its latest monthly report, the Organisation of the Petr
Published 11 Dec, 2015 12:00am
Opec sees non-cartel oil supply falling in 2016

Opec sees non-cartel oil supply falling in 2016

Opec said Thursday that it expects oil production by countries outside the cartel to fall in 2016 by more than it previously forecast, in a sign that its audacious strategy may be working at last. In its latest monthly report, the Organisation of the Petr
Published 11 Dec, 2015 12:00am
Opec sees non-cartel oil supply falling in 2016

Opec sees non-cartel oil supply falling in 2016

Opec said Thursday that it expects oil production by countries outside the cartel to fall in 2016 by more than it previously forecast, in a sign that its audacious strategy may be working at last. In its latest monthly report, the Organisation of the Petr
Published 11 Dec, 2015 12:00am
US jobless claims low ahead of Fed rate meeting

US jobless claims low ahead of Fed rate meeting

The last weekly report on US jobless insurance claims before the Federal Reserve meets on a long-awaited interest rate rise showed a fairly tight labor market Thursday. The Labor Department said that initial claims for unemployment insurance, a sign of th
Published 11 Dec, 2015 12:00am
US jobless claims low ahead of Fed rate meeting

US jobless claims low ahead of Fed rate meeting

The last weekly report on US jobless insurance claims before the Federal Reserve meets on a long-awaited interest rate rise showed a fairly tight labor market Thursday. The Labor Department said that initial claims for unemployment insurance, a sign of th
Published 11 Dec, 2015 12:00am
US jobless claims low ahead of Fed rate meeting

US jobless claims low ahead of Fed rate meeting

The last weekly report on US jobless insurance claims before the Federal Reserve meets on a long-awaited interest rate rise showed a fairly tight labor market Thursday. The Labor Department said that initial claims for unemployment insurance, a sign of th
Published 11 Dec, 2015 12:00am
Uptrend persists

Uptrend persists

Stocks maintained their upward momentum Thursday despite what analysts said uncertainty on global equity and commodity markets. Driven partly by favourable portfolio investment numbers, the KSE-100 index rose by 0.58 percent or 192 points to close at 33,2
Published 11 Dec, 2015 12:00am
Uptrend persists

Uptrend persists

Stocks maintained their upward momentum Thursday despite what analysts said uncertainty on global equity and commodity markets. Driven partly by favourable portfolio investment numbers, the KSE-100 index rose by 0.58 percent or 192 points to close at 33,2
Published 11 Dec, 2015 12:00am
Uptrend persists

Uptrend persists

Stocks maintained their upward momentum Thursday despite what analysts said uncertainty on global equity and commodity markets. Driven partly by favourable portfolio investment numbers, the KSE-100 index rose by 0.58 percent or 192 points to close at 33,2
Published 11 Dec, 2015 12:00am
BRIndex30 gains 33.34 points

BRIndex30 gains 33.34 points

On Thursday, BRIndex30 remained positive for most of the trading time except for a few entries in red for very short interval. It closed at 20,294.28 points with net change of 33.34 points. Total turnover was 106,708,200 shares, which was lower than Wedne
Published 11 Dec, 2015 12:00am
BRIndex30 gains 33.34 points

BRIndex30 gains 33.34 points

On Thursday, BRIndex30 remained positive for most of the trading time except for a few entries in red for very short interval. It closed at 20,294.28 points with net change of 33.34 points. Total turnover was 106,708,200 shares, which was lower than Wedne
Published 11 Dec, 2015 12:00am
NAB to seek 'innocent' Asim's custody today

NAB to seek 'innocent' Asim's custody today

National Accountability Bureau (NAB) will arrest former Minister Petroleum Dr Asim Husain over corruption charges on Friday (today). Director General NAB, Sindh Lieutenant Colonel Siraj ul Naeem (Retd) has already confirmed that his Bureau had established
Published 11 Dec, 2015 12:00am
NAB to seek 'innocent' Asim's custody today

NAB to seek 'innocent' Asim's custody today

National Accountability Bureau (NAB) will arrest former Minister Petroleum Dr Asim Husain over corruption charges on Friday (today). Director General NAB, Sindh Lieutenant Colonel Siraj ul Naeem (Retd) has already confirmed that his Bureau had established
Published 11 Dec, 2015 12:00am
PTI, JUI-F voice concerns over joint statement

PTI, JUI-F voice concerns over joint statement

The opposition party Pakistan Tehreek-e-Insaf (PTI) members as well as government's ally Jamiat Ulema-e-Islam (JUI-F) Thursday expressed serious concern over the joint statement issued by the Foreign Office following meetings of the Indian Foreign Ministe
Published 11 Dec, 2015 12:00am
PTI, JUI-F voice concerns over joint statement

PTI, JUI-F voice concerns over joint statement

The opposition party Pakistan Tehreek-e-Insaf (PTI) members as well as government's ally Jamiat Ulema-e-Islam (JUI-F) Thursday expressed serious concern over the joint statement issued by the Foreign Office following meetings of the Indian Foreign Ministe
Published 11 Dec, 2015 12:00am
Prime Minister nominates Zehri as new Balochistan CM

Prime Minister nominates Zehri as new Balochistan CM

Prime Minister Nawaz Sharif on Thursday nominated Sanaullah Zehri, President, Pakistan Muslim League (Nawaz) Balochistan chapter, to replace Abdul Malik Baloch as next Chief Minister of Balochistan. The nomination was made by the Prime Minister after hour
Published 11 Dec, 2015 12:00am
Prime Minister nominates Zehri as new Balochistan CM

Prime Minister nominates Zehri as new Balochistan CM

Prime Minister Nawaz Sharif on Thursday nominated Sanaullah Zehri, President, Pakistan Muslim League (Nawaz) Balochistan chapter, to replace Abdul Malik Baloch as next Chief Minister of Balochistan. The nomination was made by the Prime Minister after hour
Published 11 Dec, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 11 Dec, 2015 12:00am
ISE index improves 4.75 points

ISE index improves 4.75 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) on Thursday where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 4.75 points as the ISE Ten Index moved fr
Published 11 Dec, 2015 12:00am
ISE index improves 4.75 points

ISE index improves 4.75 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) on Thursday where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 4.75 points as the ISE Ten Index moved fr
Published 11 Dec, 2015 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Dec, 2015 12:00am
LSE index gains 28.1 points

LSE index gains 28.1 points

The Lahore Stock Exchange witnessed bullish sentiments on Thursday, with shares gaining amid a series of fluctuations. The LSE-25 index gained 28.10 points to 5,440.25 against 5,412.15 of Wednesday while the transaction volume increased to 5.154 million s
Published 11 Dec, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Dec, 2015 12:00am
LSE index gains 28.1 points

LSE index gains 28.1 points

The Lahore Stock Exchange witnessed bullish sentiments on Thursday, with shares gaining amid a series of fluctuations. The LSE-25 index gained 28.10 points to 5,440.25 against 5,412.15 of Wednesday while the transaction volume increased to 5.154 million s
Published 11 Dec, 2015 12:00am
Could Saudi oil obstruct a Paris climate deal?

Could Saudi oil obstruct a Paris climate deal?

Saudi Arabia, the world's biggest crude oil exporter, has a lot to lose if the global economy shifts to clean energy. So at 195-nation UN talks in Paris aimed at forging a climate-saving accord that will slash greenhouse gas emissions, it is perhaps not s
Published 11 Dec, 2015 12:00am
Salman Khan cleared over deadly hit-and-run

Salman Khan cleared over deadly hit-and-run

An Indian court Thursday cleared Bollywood superstar Salman Khan of killing a homeless man in a hit-and-run crash 13 years ago, acquitting him of all charges after he appealed his conviction. The Bombay High Court said a lower court had erred in finding t
Published 11 Dec, 2015 12:00am