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Dec 23, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-12-12
Aussie, kiwi take a breather
Currency

Aussie, kiwi take a breather

The Australian and New Zealand dollars struggled to make headway on Friday after attempts to keep above key levels proved difficult and prompted investors to book profits. The Australian dollar eased to $0.7263, from $0.7289 early, pulling away from a pea
Published 12 Dec, 2015 12:00am
Sterling slips
Currency

Sterling slips

Sterling edged down on Friday, a day after the Bank of England voted to keep interest rates at their record lows and said nothing to bring forward expectations that UK rates will not rise until late next year. Sterling fell on Thursday after the BoE warne
Published 12 Dec, 2015 12:00am
Goalless draw secures top spot for Liverpool

Goalless draw secures top spot for Liverpool

Liverpool advanced to the knockout stages of the Europa League as winners of their group on Thursday after a 0-0 draw with Sion in the bitter chill of Switzerland. Jurgen Klopp's side had already progressed so the German handed starts to the likes of Kolo
Published 12 Dec, 2015 12:00am
Honduran international Peralta shot dead

Honduran international Peralta shot dead

Gunmen killed Honduras international and former Rangers star Arnold Peralta in a drive-by shooting in a shopping mall car park, police said. The 26-year-old was assassinated in his home city of La Ceiba, police spokesman Commissioner Leonel Sauceda told A
Published 12 Dec, 2015 12:00am
Kohli plays down India World T20 favourites tag

Kohli plays down India World T20 favourites tag

Virat Kohli played down India's status Friday as favourites for cricket's World Twenty20, saying their rivals' experience of playing in the IPL had robbed the tournament's hosts of home advantage. Speaking at a promotional event for the trophy, the swashb
Published 12 Dec, 2015 12:00am
Is it a bird, or a 100mph delivery?

Is it a bird, or a 100mph delivery?

A low-flying seagull was blamed for interfering with the speed gun on Friday when New Zealand's Neil Wagner bowled a ball clocked at 160 kilometres (99.4 miles) per hour - one of the quickest on record. The surprise missile from Wagner, whose normal bowli
Published 12 Dec, 2015 12:00am
Sri Lanka fight back after early scare

Sri Lanka fight back after early scare

Dinesh Chandimal and Dimuth Karunaratne spearheaded a gritty Sri Lanka fight-back on the second day of the first Test against New Zealand in Dunedin on Friday. They came together with the tourists looking fragile at 29 for two, and put on 122 for the thir
Published 12 Dec, 2015 12:00am
CAS upholds Platini suspension

CAS upholds Platini suspension

The Court of Arbitration for Sport (CAS) on Friday backed a 90-day FIFA ban against Michel Platini, in a new blow to the Frenchman's hopes of entering the FIFA's presidential race. Platini, head of European confederation UEFA and a FIFA vice president, ha
Published 12 Dec, 2015 12:00am
Annual sports week concludes at KMU

Annual sports week concludes at KMU

Khyber Medical University (KMU) Peshawar in collaboration with Directorate of Sports organised a three-day annual sports week, which concluded on Friday. Prize distribution ceremony was held at KMU. Director General of National Accountability Bureau Khybe
Published 12 Dec, 2015 12:00am
Punjab win Saga Premier League title

Punjab win Saga Premier League title

Saga Punjab outclassed Saga Khyber Pakhtunkhwa (KPK) by eight wickets in the final to clinch the 2nd Saga Premier League (SPL) Women T20 Cricket Tournament title played here at the Qadhafi Stadium, here on Friday. Saga KPK was hot favourite to win SPL fin
Published 12 Dec, 2015 12:00am
Federer confirms Olympic mixed doubles with Hingis

Federer confirms Olympic mixed doubles with Hingis

Roger Federer confirmed Friday that he will team up with fellow Grand Slam winning star Martina Hingis for Switzerland in the mixed doubles at the 2016 Olympics in Rio. "Yes, I will play with Martina in the mixed," 34-year-old Federer told sport360.com in
Published 12 Dec, 2015 12:00am
Bravo nears ton as Lyon puts West Indies in a spin

Bravo nears ton as Lyon puts West Indies in a spin

Nathan Lyon put the skids under the flailing West Indies as Australia set course for an overwhelming early victory despite Darren Bravo holding on in the first Test in Hobart on Friday. At the close of a stop-start day through showers, the Windies were 20
Published 12 Dec, 2015 12:00am
Himalayas to host Indo-Pak World T20 showdown

Himalayas to host Indo-Pak World T20 showdown

The sleepy hillstation of Dharamsala will host arch-rivals India and Pakistan at next year's cricket World Twenty20, while the final will be staged at Kolkata's historic Eden Gardens, organisers said Friday. The bitter foes will meet in the group stages o
Published 12 Dec, 2015 12:00am
Anti-corruption crusader risks wrecking Indian tax reform

Anti-corruption crusader risks wrecking Indian tax reform

An anti-corruption crusader in Indian Prime Minister Narendra Modi's party has vowed to send opposition leaders Sonia and Rahul Gandhi to jail, denting already faint hopes of political compromise on a key tax reform. Fresh developments in a three-year-old
Published 12 Dec, 2015 12:00am
Italy wants to maintain Russia ties despite Ukraine crisis

Italy wants to maintain Russia ties despite Ukraine crisis

Italy, one of Russia's principal trading partners in Europe, wants to keep communication channels with Moscow open despite the Ukrainian crisis, Italian Foreign Minister Paolo Gentiloni said Friday. "I think we are all aware that the relations between Eur
Published 12 Dec, 2015 12:00am
Sweden opens first tent camp, as migrant flow plunges

Sweden opens first tent camp, as migrant flow plunges

Sweden has begun housing migrants in heated tents in wintry conditions due to a lack of available housing, despite a sharp drop in asylum seekers, the Migration Agency section chief said Friday. "The first asylum seekers have moved into the 17 temporary t
Published 12 Dec, 2015 12:00am
Car bombs claimed by IS kill 26 in Syria

Car bombs claimed by IS kill 26 in Syria

At least 26 civilians have been killed in three suicide car bombings claimed by the Islamic State (IS) group in north-eastern Syria's Hasakeh province, a monitor said Friday. Syrian Observatory for Human Rights director Rami Abdel Rahman said the Thursday
Published 12 Dec, 2015 12:00am
Russia backs Free Syrian Army alongside Assad troops: Putin

Russia backs Free Syrian Army alongside Assad troops: Putin

President Vladimir Putin said on Friday Russia is supporting the opposition Free Syrian Army, providing it with air cover, arms and ammunition in joint operations with Syrian troops against Islamist militants. His statement appeared to be the first time M
Published 12 Dec, 2015 12:00am
Britain's phone hacking probe ends

Britain's phone hacking probe ends

Britain's mammoth phone-hacking probe finally came to an end Friday after a four-year investigation that rocked the political and media establishment to the core. Prosecutors announced they would take no further action over remaining allegations, and Scot
Published 12 Dec, 2015 12:00am
Three Palestinians killed in West Bank, Gaza

Three Palestinians killed in West Bank, Gaza

Three Palestinians were killed Friday in the occupied West Bank and in the Gaza Strip, one after allegedly attempting to run down Israeli soldiers and the others in clashes with troops. Palestinian youths fought Israeli forces near the northern entrance o
Published 12 Dec, 2015 12:00am
Man linked to 'Jihad Jane' detained in Spain

Man linked to 'Jihad Jane' detained in Spain

Spain on Friday said it had detained an alleged jihadist wanted by Washington for conspiring with a woman known as "Jihad Jane" to recruit people online for attacks in Europe and South Asia. Ali Charaf Damache, who holds both Algerian and Irish nationalit
Published 12 Dec, 2015 12:00am
Turkey lifts, then reimposes curfew in battered Kurdish city

Turkey lifts, then reimposes curfew in battered Kurdish city

The Turkish authorities on Friday lifted a nine-day curfew in a key district in the south-eastern city of Diyarbakir after heavy fighting with Kurdish militants but then promptly reimposed the measure. The local authorities had kept the curfew in place si
Published 12 Dec, 2015 12:00am
Three astronauts land back on Earth from space station

Three astronauts land back on Earth from space station

Three astronauts, from the United States, Russia and Japan, on Friday successfully completed a rare night-time landing on Earth in the wintry Kazakh steppe after returning from the International Space Station. "They have landed safely and the recovery tea
Published 12 Dec, 2015 12:00am
At least 7 killed in north Cameroon suicide attack

At least 7 killed in north Cameroon suicide attack

At least seven civilians were killed Friday in a suicide attack in Kolofata, northern Cameroon, a region where Nigeria's Boko Haram Islamists are highly active, local officials said. "A suicide bomber went to a place selling doughnuts and blew up," a regi
Published 12 Dec, 2015 12:00am
US, Cuba renew direct postal service after 52 years: Havana

US, Cuba renew direct postal service after 52 years: Havana

The United States and Cuba have agreed to restore direct postal service 52 years after severing it at the height of the Cold War, the Cuban foreign ministry said Friday. It said the "pilot plan" would take effect "in the coming weeks" and then be rolled o
Published 12 Dec, 2015 12:00am
Prevention of Electronic Crime Bill presented in NA

Prevention of Electronic Crime Bill presented in NA

A comprehensive report on "The Prevention of Electronic Crime Bill, 2015" was presented in the National Assembly on Friday to deal with the growing threat of cybercrime. Chairman Standing Committee on Information Technology and Telecommunication Captain (
Published 12 Dec, 2015 12:00am
Parliamentary panel irked by private schools' registration with PEIRA

Parliamentary panel irked by private schools' registration with PEIRA

A parliamentary panel expressed annoyance over the registration of private schools with the Private Educational Institution Regulatory Authority (PEIRA) without completing the pre-requisites. A sub-committee of the Standing Committee of the National Assem
Published 12 Dec, 2015 12:00am
PIA sell-off: National Assembly speaker to form parliamentary panel

PIA sell-off: National Assembly speaker to form parliamentary panel

Speaker of the National Assembly Sardar Ayaz Sadiq would constitute a Parliamentary Committee to oversee the process of privatisation of Pakistan International Airline (PIA). The Lower House of the parliament on Friday adopted a motion to authorise the Sp
Published 12 Dec, 2015 12:00am
Raids by NAB, FIA affected government machinery's performance: Qaim

Raids by NAB, FIA affected government machinery's performance: Qaim

Sindh Chief Minister Syed Qaim Ali Shah said here on Friday that Pakistan Rangers had the mandate and powers against four heinous crimes like terrorism, target killing, kidnapping for ransom and extortion. "But, I am sorry to say that they (Rangers) have
Published 12 Dec, 2015 12:00am
Single-stage sales tax: FBR to verify data in light of IMF input

Single-stage sales tax: FBR to verify data in light of IMF input

The Federal Board of Revenue (FBR) will further verify data and analyse proposal of single stage sales tax (SSST) at reduced rate in light of the input of the International Monetary Fund (IMF) experts. One of the participants of Pakistan's delegation, who
Published 12 Dec, 2015 12:00am
Parliamentary panel to be formed

Parliamentary panel to be formed

Speaker of the National Assembly Sardar Ayaz Sadiq would constitute a Parliamentary Committee to oversee the process of privatisation of Pakistan International Airline (PIA). The Lower House of the parliament on Friday adopted a motion to authorise the Sp
Published 12 Dec, 2015 12:00am
PPP to continue protest PIA sell-off

PPP to continue protest PIA sell-off

Pakistan People's Party (PPP) will continue protest against privatisation of the Pakistan International Airlines (PIA) and recently imposed additional taxes to the tune of Rs 40 billion. This was stated by Senator Saleem Mandviwalla while addressing a new
Published 12 Dec, 2015 12:00am
President to attend second world internet moot in China

President to attend second world internet moot in China

President Mamnoon Hussain will attend the 2nd World Internet Conference to be held at Wuzhen from 16-18 December. President Xi Jinping will deliver a key note address at the opening ceremony of the conference. World Internet Conference is a joint venture
Published 12 Dec, 2015 12:00am
President to attend second world internet moot in China

President to attend second world internet moot in China

President Mamnoon Hussain will attend the 2nd World Internet Conference to be held at Wuzhen from 16-18 December. President Xi Jinping will deliver a key note address at the opening ceremony of the conference. World Internet Conference is a joint venture
Published 12 Dec, 2015 12:00am
Dar reviews efforts towards achieving revenue target

Dar reviews efforts towards achieving revenue target

Federal Minister for Finance Senator Muhammad Ishaq Dar chaired a meeting at Federal Board of Revenue (FBR) headquarters on Friday to review the efforts for achieving the revenue collection target for the 2nd quarter of the current fiscal year as well as
Published 12 Dec, 2015 12:00am
Easypaisa Sehat Sahara opening up new avenues

Easypaisa Sehat Sahara opening up new avenues

Within a year since its launch, Pakistan's first and fastest growing mass market-health insurance 'Easypaisa Sehat Sahara' has gained more than 100,000 subscribers and is opening up new avenues for easy and affordable access to quality healthcare amongst
Published 12 Dec, 2015 12:00am
Two aircraft: SAFA detects safety violations

Two aircraft: SAFA detects safety violations

Safety Assessment of Foreign Aircraft (SAFA), during the inspection of two aircraft of Pakistan International Airlines Corporation Limited (PIACL), has reportedly found grave safety violations; it was learnt here on Friday. According to sources, managemen
Published 12 Dec, 2015 12:00am
Tax regime under IRIS incompatible: OICCI

Tax regime under IRIS incompatible: OICCI

The federal tax collection regime under Integrated Risk Information System (IRIS) is not fully compatible with that of the provinces, foreign investors have told Federal Board of Revenue (FBR). Consequently, for last five months, since June, many of the O
Published 12 Dec, 2015 12:00am
Tax regime under IRIS incompatible: OICCI

Tax regime under IRIS incompatible: OICCI

The federal tax collection regime under Integrated Risk Information System (IRIS) is not fully compatible with that of the provinces, foreign investors have told Federal Board of Revenue (FBR). Consequently, for last five months, since June, many of the O
Published 12 Dec, 2015 12:00am
PPL opens 25-bed ward at Koohi Hospital

PPL opens 25-bed ward at Koohi Hospital

Managing Director and CEO Pakistan Petroleum Limited (PPL) Syed Wamiq Bokhari inaugurated the company-sponsored 25-bed ward at Koohi Goth Hospital (KGH) located in Landhi, Karachi. Bokhari accompanied by DMD Dr Fareed Iqbal Siddiqui and other staff were w
Published 12 Dec, 2015 12:00am
Pre-conference workshop inaugurated

Pre-conference workshop inaugurated

Professor Saleh Memon, Chairman National Diabetic Working Group of Pakistan inaugurated a pre-conference workshop on "Diabetic Retinopathy Screening Clinic" at Liaquat University Hospital Hyderabad, here on Friday. This clinic was established on the direc
Published 12 Dec, 2015 12:00am
International moot on medicine held at LUMHS

International moot on medicine held at LUMHS

On the directives of the Vice Chancellor Professor Noshad A Shaikh the Department of Medicine & Allied Sciences, Liaquat University of Medical & Health Sciences Jamshoro has arranged an International Conference on Medicine with the theme "Today's Vision-T
Published 12 Dec, 2015 12:00am
US CG opens 'Lincoln Corner' at PACC

US CG opens 'Lincoln Corner' at PACC

US Consul General Brian Heath officially inaugurated the Lincoln Corner at the Pakistan American Cultural Center (PACC). Also, in attendance were PACC President Fahim Millwala, Executive Director Arshad Nadeem and Cultural Programs Director Nasir Salim as
Published 12 Dec, 2015 12:00am
SECP registers 494 companies last month

SECP registers 494 companies last month

The Securities and Exchange Commission of Pakistan (SECP) has registered 494 new companies in November 2015, indicating an increase of 57 percent as compared to same period last year. During November, around 90 percent companies were registered as private
Published 12 Dec, 2015 12:00am
Hub Industrial Area: environmental assessment of industries directed

Hub Industrial Area: environmental assessment of industries directed

Secretary of Environment, Sports and Youth Affairs Balochistan, Dr Shoaib Ahmed Golla has directed the authorities concerned to speed up monitoring and environmental assessment of the industries in Hub Industrial Area (HIA) in order to ensure compliance o
Published 12 Dec, 2015 12:00am
SECP seeks powers to bind entities

SECP seeks powers to bind entities

The Securities and Exchange Commission of Pakistan (SECP) is seeking ample powers to bind all government departments, authorities, bodies, private entities, housing societies or schemes, banks and any other concerned entity (on orders of the court) to ass
Published 12 Dec, 2015 12:00am
JW Enviro: Ruba-SEZ claims achieving sale target

JW Enviro: Ruba-SEZ claims achieving sale target

The Ruba Special Economic Zone (Ruba-SEZ) claims it has achieved one billion rupees sale target of its "JW Enviro" home appliances brand. Director Waseem Afridi made the claim in his address on Friday during a function celebrating success at the company's
Published 12 Dec, 2015 12:00am
SECP organises seminar at IIU

SECP organises seminar at IIU

The Securities and Exchange Commission of Pakistan (SECP), taking forward its financial literacy campaign on investment education and awareness organised a seminar for the students of International Islamic University, Islamabad. Vice President Professor D
Published 12 Dec, 2015 12:00am
Professor Dr Muhammad Mansoor assumes charge

Professor Dr Muhammad Mansoor assumes charge

Professor Dr Muhammad Mansoor Ahmed has assumed charge as Vice Chancellor of Capital University of Science & Technology, Islamabad. After awarding federal charter Mohammad Ali Jinnah University now will render services in Capital University of Science & T
Published 12 Dec, 2015 12:00am
Telecom Policy 2015 to offer incentives to investors

Telecom Policy 2015 to offer incentives to investors

Under the Telecom Policy 2015, a comprehensive incentive package for attracting joint ventures, public-private partnerships and direct investment in telecom sector will be developed. According to the policy, the Ministry of Information Technology (MoIT) w
Published 12 Dec, 2015 12:00am
People to 'eliminate' PML-N in next polls: Sarwar

People to 'eliminate' PML-N in next polls: Sarwar

PTI Punjab Organiser Chaudhry Mohammad Sarwar said on Friday that people will eliminate the ruling party with the power of their votes in the next general elections. "Pakistan Muslim League-Nawaz and the Pakistan Peoples Party are just two sides of the sa
Published 12 Dec, 2015 12:00am
Former bureaucrat likely to be Islamabad mayor

Former bureaucrat likely to be Islamabad mayor

Although four candidates are seeking nomination for the first-ever mayor of Islamabad, former bureaucrat Saeed Mehdi is said to be the strongest candidate for the slot. Sources said that Ashraf Gujja and Anjum Aqeel, former ruling party's members as well
Published 12 Dec, 2015 12:00am
PBIT, Tabassum International sign agreement

PBIT, Tabassum International sign agreement

The Punjab Board of Trade and Investment (PBIT) and the Tabassum International Trade Company signed an agreement on Friday to set up manufacturing plants and branch offices in the Punjab. Chairman Yusuf Tohti of the Tabassum Company, which is a major manu
Published 12 Dec, 2015 12:00am
Violation of code of conduct: ECP serves notices to Imran, Siraj

Violation of code of conduct: ECP serves notices to Imran, Siraj

The Election Commission of Pakistan (ECP) on Friday served notices to the chiefs of Pakistan Tehreek-e-Insaf (PTI) and Jamaat-e-Islami (JI) over the violation of election code of conduct. According to an official of the ECP, the commission issued notice t
Published 12 Dec, 2015 12:00am
KP to take up Munda Dam project with Centre: Sikandar

KP to take up Munda Dam project with Centre: Sikandar

The Khyber Pakhtunkhwa Senior Minister for Irrigation and Social Welfare Sikandar Hayat Khan Sherpao said on Friday that the matter of constructing the multi-purpose Munda Dam Hydro Power Project on river swat would be taken up with the federal government
Published 12 Dec, 2015 12:00am
Implementation of NAP needs monitoring by all stakeholders: Nisar

Implementation of NAP needs monitoring by all stakeholders: Nisar

Interior Minister Chaudhry Nisar Ali Khan said that effective implementation of National Action Plan (NAP) requires all stakeholders to put in their best and ensure constant monitoring, supervision and course corrections. NAP, said the Interior Minister,
Published 12 Dec, 2015 12:00am
NAB KP arrests Patwari

NAB KP arrests Patwari

National Accountability Bureau (NAB) Khyber Pakhtunkhwa on Friday arrested Naseer Khan Patwari Tangi District Charsadda allegedly involved in holding benami Assets of Pervez Khan Executive Engineer XEN (BPS 18) Pak Public Works Department presently posted
Published 12 Dec, 2015 12:00am
APBUMA chief terms CPEC a game changer for region

APBUMA chief terms CPEC a game changer for region

Peace, connectivity and enhanced trade can transform South Asia into a flash point of world development within next decade, said Syed Muhammad Asim Shah, Chairman, All Pakistan Bed sheets and Upholstery Manufacturers Association (APBUMA). Addressing a get
Published 12 Dec, 2015 12:00am
Shahbaz expresses grief

Shahbaz expresses grief

Punjab Chief Minister Muhammad Shehbaz Sharif has expressed deep sense of sorrow and grief over the death of Muhammad Aslam Bajwa, father of Atif Bajwa, President & Chief Executive Officer (ECO) Bank Alfalah. In a condolence message, the Chief Minister pr
Published 12 Dec, 2015 12:00am
Conference on CPEC: speakers for preparing labour, vendor industry

Conference on CPEC: speakers for preparing labour, vendor industry

Participants of conference on the China Pakistan Economic Corridor (CPEC) have called for chalking out and implementation of a comprehensive plan to prepare labour and vendor industry to absorb the corridor investment. Their call came on Friday at a concl
Published 12 Dec, 2015 12:00am
Legal expert supports sell-off of SOEs

Legal expert supports sell-off of SOEs

Legal expert Syed Intazar Mahdi said Pakistan badly needs to privatise state-owned enterprises to ensure growth in productivity, but the private sector fears that scandal stories could follow even with the most transparent of privatisations. He said forei
Published 12 Dec, 2015 12:00am
Business community greets PML-N over victory in LB polls
Cotton

Business community greets PML-N over victory in LB polls

The Business and Industrial community of Multan has congratulated Pakistan Muslim League (Nawaz) over its victory in local bodies' elections in the city with thumping majority. President of Multan Chamber of Commerce & Industry (MCCI) Fareed Mughis Sheikh
Published 12 Dec, 2015 12:00am
UBG supports PIA's privatisation

UBG supports PIA's privatisation

The dominant United Business Group (UBG) of FPCCI on Friday said that PIA has become a liability that should be sold immediately to reduce budget deficit. The business community fully supports decision of the government to get rid of the white elephant ea
Published 12 Dec, 2015 12:00am
'DGK Cement plant's operations cause minimal environmental impact'

'DGK Cement plant's operations cause minimal environmental impact'

DG Khan Cement Works General Manager Khalid Mahmood said on Friday that cleanliness is an important aspect of our manufacturing process and we undertake significant efforts to ensure that our plant's operations have minimal environmental impact.
Published 12 Dec, 2015 12:00am
PTEA voices concern over gas suspension

PTEA voices concern over gas suspension

Pakistan Textile Exporters Association (PTEA) Chairman Asghar Ali and Vice Chairman Arif Mahmood Qureshi on Friday expressed serious concerns over the SNGPL move of gas suspension for industries. PTEA leaders said textile industry has already facing huge
Published 12 Dec, 2015 12:00am
Signature drive launched to pay tributes to APS martyrs

Signature drive launched to pay tributes to APS martyrs

In connection with first anniversary of the deaths of Army Public School Peshawar; Bargad - a non government organisation working on youth development - and Punjab government have jointly launched a signature campaign in colleges and universities for endi
Published 12 Dec, 2015 12:00am
NBP launches passport, visa fee collection facility

NBP launches passport, visa fee collection facility

The National Bank of Pakistan (NBP) has rolled out the services of passport and visa fee collection facility all over Pakistan and the inauguration ceremony held at the DHA T Block branch of the Bank on Friday. The Bank is already offering the same facili
Published 12 Dec, 2015 12:00am
Project of mineral reserve in Chiniot reviewed

Project of mineral reserve in Chiniot reviewed

Punjab Chief Minister Muhammad Shahbaz Sharif presided over a high level meeting to review the progress on the project of mineral reserves in Chiniot. German expert Dr Jurgen Hartsh gave a briefing on the project. The Chief Minister said that economy can
Published 12 Dec, 2015 12:00am
SRO 412/2014 by DRAP: FPCCI body urges Prime Minister to intervene

SRO 412/2014 by DRAP: FPCCI body urges Prime Minister to intervene

With the reference to SRO 412/2014 by Drug Regulatory Authority; Aamir Iqbal, Senior Vice Chairman of the Federation of Pakistan Chamber of Commerce and Industry Committee on Health Care, humility appealed Prime Minister of Pakistan, Mian Mohammad Nawaz S
Published 12 Dec, 2015 12:00am
SRO 412/2014 by DRAP: FPCCI body urges Prime Minister to intervene

SRO 412/2014 by DRAP: FPCCI body urges Prime Minister to intervene

With the reference to SRO 412/2014 by Drug Regulatory Authority; Aamir Iqbal, Senior Vice Chairman of the Federation of Pakistan Chamber of Commerce and Industry Committee on Health Care, humility appealed Prime Minister of Pakistan, Mian Mohammad Nawaz S
Published 12 Dec, 2015 12:00am
Emirates to add third daily flight to Riyadh

Emirates to add third daily flight to Riyadh

Emirates will boost its services to Riyadh with the addition of a third daily flight to the Saudi capital from 15 December 2015. The addition of the third daily service will take the total number of weekly Emirates flights serving Riyadh to 21.
Published 12 Dec, 2015 12:00am
KATI chief slams 'new wave' of price hike

KATI chief slams 'new wave' of price hike

President of Korangi Association of Trade and Industry (KATI) Zahid Saeed has criticised new wave of price hike after announcement of new taxes by government which is considered a "mini-budget" widely in the country. He said that business community has al
Published 12 Dec, 2015 12:00am
First convocation of Shalamar Medical & Dental College held

First convocation of Shalamar Medical & Dental College held

The first Convocation of Shalamar Medical & Dental College was held recently inside the premises of the college. 83 passed-out graduates awarded degrees during the convocation. The Chief Guest Syed Babar Ali, a renowned businessman and social entrepreneur
Published 12 Dec, 2015 12:00am
MCB Bank's November PMI drops slightly

MCB Bank's November PMI drops slightly

Economic activity in the manufacturing sector expanded in November 2015 at a slightly slower pace than in September 2015, according to company executives surveyed in the MCB Bank Purchasing Managers Index (PMI). The PMI for the month of November registere
Published 12 Dec, 2015 12:00am
Hussain Kuli Khan appointed CEO of General Tyre & Rubber Company

Hussain Kuli Khan appointed CEO of General Tyre & Rubber Company

Hussain Kuli Khan has been appointed as Chief Executive Officer (CEO) of The General Tyre and Rubber Company of Pakistan Ltd in 2015. Khan is an accomplished professional with substantial and diversified managerial and leadership experience in the manufac
Published 12 Dec, 2015 12:00am
Minorities' delegation meets Wattoo

Minorities' delegation meets Wattoo

President Punjab PPP Manzoor Ahmed Wattoo has said that the PPP has always considered the minorities as its constituency and took unprecedented steps to bring them in the mainstream politics of the country. He was talking to a delegation of minorities her
Published 12 Dec, 2015 12:00am
Zehri likely to take oath on Tuesday

Zehri likely to take oath on Tuesday

Nawab Sanaullah Zehri, the ruling Pakistan Muslim League-Nawaz (PML-N) provincial chief, is expected to take oath as the new Chief Minister Balochistan on Tuesday with a task to expedite the ongoing efforts of bringing the estranged Baloch leaders back to
Published 12 Dec, 2015 12:00am
CCAC may revise estimated cotton target downward
Cotton

CCAC may revise estimated cotton target downward

Pakistan will miss the cotton target set for the current season (2015-16) as the Cotton Crop Assessment Committee (CCAC) may revise the estimated cotton target downward for the fourth time to 11 million bales against the initial estimate of 15.49 million
Published 12 Dec, 2015 12:00am
Four police IOs suspended

Four police IOs suspended

The Inspector General of Police (IGP) Khyber Pakhtunkhwa, Nasir Khan Durrani has ordered the suspension of investigation officers including a Sub-Inspector and three Assistant Sub-Inspectors (ASIs) of police stations Mathra, Peshawar and Yaqub Khan Shahee
Published 12 Dec, 2015 12:00am
Japan intends to provide loan

Japan intends to provide loan

The Japanese Envoy apprised the Minister about the intention to provide 5 billion yen worth of concessional loan to Pakistan for the 2nd Energy Sector reform programme. This loan is part of the Energy Sector Reform Program that is co-financed by the Asian
Published 12 Dec, 2015 12:00am
The Weather

The Weather

The weather report on Friday (December 11, 2015) and the forecast for Saturday (December 12, 2015).

Published 12 Dec, 2015 12:00am
Japan intends to provide loan

Japan intends to provide loan

The Japanese Envoy apprised the Minister about the intention to provide 5 billion yen worth of concessional loan to Pakistan for the 2nd Energy Sector reform programme. This loan is part of the Energy Sector Reform Program that is co-financed by the Asian
Published 12 Dec, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (December 11, 2015).

Published 12 Dec, 2015 12:00am
Prime Minister to lead delegation at SCO summit

Prime Minister to lead delegation at SCO summit

Prime Minister Nawaz Sharif will lead the Pakistan delegation to the Heads of Government Council Meeting of the Shanghai Cooperation Organisation (SCO) being held in Zhengzhou, China on 14-15 December 2015. SCO is an important organisation founded in Shan
Published 12 Dec, 2015 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 12 Dec, 2015 12:00am
New law in the offing to check illegal mining: Khattak

New law in the offing to check illegal mining: Khattak

Khyber Pakhtunkhwa Chief Minister Pervez Khattak has said that the provincial government has already announced a new mineral policy while New Mining Act was also in the offing to check illegal mining in the province. He was addressing as chief guest at in
Published 12 Dec, 2015 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 12 Dec, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (December 11, 2015).

Published 12 Dec, 2015 12:00am
DSP delegation to visit Brussels next month

DSP delegation to visit Brussels next month

A 12-member delegation of Dairy Science Park (DSP) will visit Brussels, Belgium next month on invitation of Sandia National Laboratories USA. KP Senior Minister for Local Government and Rural Development Inayatullah Khan will lead this delegation. Profess
Published 12 Dec, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (December 11, 2015)

Published 12 Dec, 2015 12:00am
Oil skids towards 11-year low as IEA warns of worse glut

Oil skids towards 11-year low as IEA warns of worse glut

Oil prices extended their freefall on Friday, flirting with 11-year lows, after the International Energy Agency (IEA) warned that global oversupply of crude could worsen next year. Brent and US crude's West Texas Intermediate (WTI) futures fell as much as
Published 12 Dec, 2015 12:00am
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