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Nov 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-12-30
China's yuan firmer, off 4-1/2 year low amid low liquidity
Currency

China's yuan firmer, off 4-1/2 year low amid low liquidity

China's yuan firmed against the dollar on Tuesday having earlier hit its weakest level in 4-1/2 years on strong dollar demand, following the central bank's lowest midpoint fix since June 2011. Traders said some major banks had offered dollars after the yu
Published 30 Dec, 2015 12:00am
Yen gets boost from souring risk sentiment
Currency

Yen gets boost from souring risk sentiment

The yen was supported against the dollar on Tuesday as soured risk sentiment favoured the safe haven Japanese currency, while the Canadian dollar struggled near an 11-year low against the greenback as crude oil prices resumed their slide. The dollar, whic
Published 30 Dec, 2015 12:00am
Yuan hits 4-1/2-month low in offshore trade
Currency

Yuan hits 4-1/2-month low in offshore trade

Offshore rates for China's yuan fell on Tuesday to their weakest since a hefty two-day devaluation in August, mirroring a fall in onshore rates, with traders citing strong year-end dollar demand. Sweden's crown meanwhile hit a nine-month high against the
Published 30 Dec, 2015 12:00am
Dollar gains versus euro on risk appetite, oil gains lift ruble
Currency

Dollar gains versus euro on risk appetite, oil gains lift ruble

The US dollar gained against the euro on Tuesday after greater risk appetite hurt demand for the shared currency and new pressure from short sellers likely weighed, while the Russian ruble recovered on higher oil prices. Investors sought riskier assets, i
Published 30 Dec, 2015 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 78.50-78.51 (previous 78.52-78.53). 01.50-04.50 percent (* Previous 01.25-04.50 percent.
Published 30 Dec, 2015 12:00am
Latam currencies up as oil steadies in thin pre-holiday trade

Latam currencies up as oil steadies in thin pre-holiday trade

Latin American currencies strengthened on Tuesday as oil prices steadied near 11-year lows, curbing a recent bout of risk aversion. A rebound in crude prices, which have been pressured lately by concerns over global oversupply, increased the demand for co
Published 30 Dec, 2015 12:00am
Yuan hits four-year low; weak risk appetite dents Asia FX
Currency

Yuan hits four-year low; weak risk appetite dents Asia FX

The Chinese yuan briefly touched a 4-1/2 year low on Tuesday due to strong year-end dollar demand, while weak risk sentiment weighed on some other Asian currencies. The yuan eased to 6.4948 versus the dollar at one point, its weakest level since May 2011.
Published 30 Dec, 2015 12:00am
Rouble edges down as tax support ends
Currency

Rouble edges down as tax support ends

The Russian rouble weakened further on Tuesday, falling back towards 2015 lows, dragged down by low oil prices and the end of the monthly tax payment period that provides temporary support. At 0740 GMT, the rouble was 0.2 percent weaker against the dollar
Published 30 Dec, 2015 12:00am
Sri Lankan rupee hits record closing low ahead of rate decision
Currency

Sri Lankan rupee hits record closing low ahead of rate decision

The Sri Lankan rupee closed at a record low on Tuesday as dollar demand from importers weighed on the local currency and as investors waited for the central bank's decision on interest rates, dealers said. Sri Lanka's central bank is expected to raise rat
Published 30 Dec, 2015 12:00am
Egyptian pound steady at forex sale and black market
Currency

Egyptian pound steady at forex sale and black market

Egypt's central bank kept the pound steady at 7.7301 pounds to the dollar at its official foreign currency auction on Tuesday, five days after it raised benchmark interest rates by 50 basis points. The rate was steady on the black market as well.
Published 30 Dec, 2015 12:00am
Van Gaal vows to fight through Manchester United uncertainty

Van Gaal vows to fight through Manchester United uncertainty

Louis van Gaal has vowed to fight on as Manchester United manager, but admits that the matter may yet be taken out of his hands by the club's board. The Dutchman, 64, has faced three weeks of speculation after a run of games that has seen United slip to s
Published 30 Dec, 2015 12:00am
Finn strikes as England push for win

Finn strikes as England push for win

Steven Finn took three crucial wickets, including two in successive overs, as England pushed for victory on the fourth day of the first Test against South Africa at Kingsmead on Tuesday. Set to make 416 to win, South Africa were 136 for four at the close
Published 30 Dec, 2015 12:00am
LHC dismisses petition against Amir

LHC dismisses petition against Amir

The Lahore High Court on Tuesday dismissed a petition seeking direction to stop Pakistan Cricket Board (PCB) over likely inclusion of convict fast bowler Mohammad Amir. Pakistan Justice Party head Malik Munsaf Awan contended in his petition that former ca
Published 30 Dec, 2015 12:00am
'Master Paints Polo Cup 2015' starts

'Master Paints Polo Cup 2015' starts

MMS thrashed Diamond Paints by eight goals to one and half in the 'Master Paints Polo Cup 2015' opening match played here at the Lahore Polo Club (LPC) on Tuesday. Hamza Mawaz Khan was star of the day as he struck fantastic four goals - three field goals
Published 30 Dec, 2015 12:00am
Ex-Newcastle 'keeper Srnicek dies after heart attack

Ex-Newcastle 'keeper Srnicek dies after heart attack

Former Czech international goalkeeper Pavel Srnicek of Newcastle United fame died on Tuesday following a heart attack he had suffered while out jogging last week, his agent said. "It is with deep sadness that I have to announce the passing of former Newca
Published 30 Dec, 2015 12:00am
Nothing wrong in playing cricket with Pakistan: Kirmani

Nothing wrong in playing cricket with Pakistan: Kirmani

There is nothing wrong in playing cricket with Pakistan, said former Indian wicketkeeper-batsman Syed Kirmani on Tuesday. India and Pakistan were supposed to play a bilateral series this month but the planned rubber did not go ahead after the Indian gover
Published 30 Dec, 2015 12:00am
Aussies thump West Indies by 177 runs to claim series

Aussies thump West Indies by 177 runs to claim series

Australia beat the West Indies by 177 runs in the second Test to win the series and retain the Frank Worrell Trophy in Melbourne on Tuesday. The Australians, who won the first Test in Hobart by an innings and 212 runs, dismissed the Caribbean tourists for
Published 30 Dec, 2015 12:00am
FATA Youth Festival: Benazir of Khurram Agency declared best athlete

FATA Youth Festival: Benazir of Khurram Agency declared best athlete

Benazir of Khurram Agency declared best athlete of the First Governor Fata Youth Festival Women Athletic event played here at Qayyum Sports Complex in all female affairs. Besides taking the best athlete trophy, Benazir also got the honour of becoming the
Published 30 Dec, 2015 12:00am
PCB chief refuses to accept Azhar resignation

PCB chief refuses to accept Azhar resignation

Pakistan's cricket chief on Tuesday said he had refused to accept one-day captain Azhar Ali's resignation over the widely-tipped selection of convicted spot-fixer Mohammad Amir, saying the team could not afford a crisis at this time. Ali had tendered his
Published 30 Dec, 2015 12:00am
IS leader linked to Paris attacks killed in Syria: Pentagon

IS leader linked to Paris attacks killed in Syria: Pentagon

An Islamic State leader with "direct" ties to the alleged mastermind of the Paris attacks was among 10 senior figures in the group killed in Syria and Iraq this month, the Pentagon said Tuesday. Baghdad-based US military spokesman Colonel Steve Warren tol
Published 30 Dec, 2015 12:00am
Ghani promises parliamentary election next year

Ghani promises parliamentary election next year

Afghanistan's President Ashraf Ghani pledged on Tuesday to hold promised parliamentary and district council elections next year, as he sought to calm growing political turmoil that has hindered his government's fight against the Taliban insurgency.
Published 30 Dec, 2015 12:00am
Iraq's Abadi plants flag in Ramadi to mark IS defeat

Iraq's Abadi plants flag in Ramadi to mark IS defeat

Iraqi Prime Minister Haider al-Abadi planted the national flag in Ramadi on Tuesday after the army retook the city centre from Islamic State a day earlier, a victory that could help vindicate his strategy for rebuilding the military after stunning defeats
Published 30 Dec, 2015 12:00am
110 journalists killed in 2015, mostly in 'peaceful' countries

110 journalists killed in 2015, mostly in 'peaceful' countries

A total of 110 journalists were killed around the world in 2015, Reporters Without Borders (RSF) said on Tuesday, noting that while many died in war zones the majority were killed in supposedly peaceful countries. Sixty-seven journalists were killed in th
Published 30 Dec, 2015 12:00am
Iran says days away from nuclear deal implementation

Iran says days away from nuclear deal implementation

Iran said Tuesday it had entered the final days of completing its commitments under a landmark international deal to curb its atomic programme after it shipped low-enriched uranium to Russia. Iran's atomic energy agency said 11 tons of uranium materials w
Published 30 Dec, 2015 12:00am
Erdogan accuses Kurdish chief party of 'treason' over autonomy call

Erdogan accuses Kurdish chief party of 'treason' over autonomy call

Turkish President Recep Tayyip Erdogan on Tuesday accused the leader of the main Kurdish party Selahattin Demirtas of "treason" over his call for autonomy for the country's Kurdish minority. In a speech at the weekend, Peoples' Democratic Party (HDP) co-c
Published 30 Dec, 2015 12:00am
Taiwan urges Japanese apology on 'comfort women'

Taiwan urges Japanese apology on 'comfort women'

Taiwan called on Japan Tuesday to apologise and compensate the island's wartime sex slaves after Tokyo and Seoul reached an agreement on the emotive issue. Japan offered a "heartfelt apology" and a one-billion yen ($8.3 million) payment to the South Korea
Published 30 Dec, 2015 12:00am
Lebanon seizes 5 tonnes of drugs at Beirut airport

Lebanon seizes 5 tonnes of drugs at Beirut airport

Lebanese customs seized five tonnes of Captagon amphetamine pills and hashish at Beirut airport on Tuesday, concealed in primary school desks that were to be shipped to Egypt, a security source said. Meanwhile, security forces in northern Lebanon found tw
Published 30 Dec, 2015 12:00am
Trump visits southern New Hampshire, urges supporters to vote

Trump visits southern New Hampshire, urges supporters to vote

Republican US presidential frontrunner Donald Trump urged supporters on Monday to carry their enthusiasm into voting booths, citing recent news reports questioning whether he can turn his polling strength into victories in key primary states. New Hampshir
Published 30 Dec, 2015 12:00am
Bosnian court indicts 16, including two ex-ministers, for corruption

Bosnian court indicts 16, including two ex-ministers, for corruption

Bosnia's state prosecutor on Tuesday charged 16 people, including two former senior regional officials, with links to organised crime, money laundering and tax evasion to the tune of more than $7 million. Corruption is rife in Bosnia 20 years after a 1992
Published 30 Dec, 2015 12:00am
Saudi Arabia, Turkey to set up 'strategic cooperation council'

Saudi Arabia, Turkey to set up 'strategic cooperation council'

Saudi Arabia and Turkey agreed on the need to set up a "strategic cooperation council" to stengthen military, economic and investment cooperation between the two countries, Saudi Foreign Minister Adel al-Jubeir said on Tuesday. "The meeting produced a des
Published 30 Dec, 2015 12:00am
Gang rape case: Shahbaz vows to award punishment

Gang rape case: Shahbaz vows to award punishment

Punjab Chief Minister Shahbaz Sharif has said that all accused involved in gang rape case in Lahore have been arrested and the guilty persons will be given punishment under the law. While addressing a function here on Tuesday, Shahbaz said that bogus alle
Published 30 Dec, 2015 12:00am
TPL Trakker Limited

TPL Trakker Limited

TPL Trakker Limited is the premier satellite-based vehicle tracking company of the country in terms of market share despite presence of many competitors. It is also the domestic pioneer of the use of such technology in Pakistan. TPL Trakker is a joint ven
Published 30 Dec, 2015 12:00am
TPL Trakker Limited

TPL Trakker Limited

TPL Trakker Limited is the premier satellite-based vehicle tracking company of the country in terms of market share despite presence of many competitors. It is also the domestic pioneer of the use of such technology in Pakistan. TPL Trakker is a joint ven
Published 30 Dec, 2015 12:00am
FC operation: three terrorists killed in Turbat

FC operation: three terrorists killed in Turbat

At least three suspected terrorists including key commander of a banned outfit were killed during a raid by Frontier Corps (FC) in Turbat on Tuesday. Frontier Corps (FC) spokesman told the media that the operation was held on a tipoff received about the p
Published 30 Dec, 2015 12:00am
Rangers' powers: CM, home minister, finance minister in Islamabad

Rangers' powers: CM, home minister, finance minister in Islamabad

Chief Minister Sindh Qaim Ali Shah on Tuesday left for Islamabad to discuss the Rangers' powers issue with Prime Minister Nawaz Sharif. PM had summoned the Qaim Ali Shah to hold meeting on the issue after former did not spare time for latter to discuss th
Published 30 Dec, 2015 12:00am
Tax collection: FBR field offices to stay open on 30th and 31st

Tax collection: FBR field offices to stay open on 30th and 31st

All the field offices of the Federal Board of Revenue (FBR) will remain open and observe working hours from 9am to 10pm on Wednesday (December 30, 2015) and from 9am to 12pm on Thursday (December 31, 2015) for receipt of Income Tax returns and collection
Published 30 Dec, 2015 12:00am
Munir optimistic about FPCCI election prospects

Munir optimistic about FPCCI election prospects

Patron-in-Chief, United Business Group (UBG), S M Munir, on Tuesday vowed to win the Federation of Pakistan Chambers of Commerce and Industry's (FPCCI) election being held on December 30. Speaking to FPCCI Executive Committee and General Body members, he
Published 30 Dec, 2015 12:00am
Four suspects held, arms recovered

Four suspects held, arms recovered

Sindh Rangers on Tuesday recovered as many as 2,000 bullets that were buried by the criminals in Lines Area here. According to details, Rangers raided the Lines Area on the information of already arrested suspects and dug up the ground, found nearly 2,000
Published 30 Dec, 2015 12:00am
Quake hits Swat, adjoining areas

Quake hits Swat, adjoining areas

An earthquake measuring 4.7 magnitude at Richter scale jolted Swat and adjoining areas on Tuesday, the met office said. The areas hit by the tremors include Swat, Shangla, Malakand Division and suburban areas. The panic-stricken people rushed out of their
Published 30 Dec, 2015 12:00am
FPCCI elections today

FPCCI elections today

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has finalised arrangements for holding its annual election for the year 2016 on December 30. Voting will take place for the posts of president and senior vice-president. Besides, four vice-p
Published 30 Dec, 2015 12:00am
ANF Quetta seizes hashish worth Rs 12.3 billion

ANF Quetta seizes hashish worth Rs 12.3 billion

ANF Quetta while carrying out a successful intelligence led operation at Qilla Abdullah, seized mega cache of Hashish weighing 5129 Kg, which amounts Rs 12.3 Billion (12 Arab 30 Crore) in International Market. According to details, the drug consignment wa
Published 30 Dec, 2015 12:00am
Shipping companies accused of collecting 'illegal' charges

Shipping companies accused of collecting 'illegal' charges

For the last two decades shipping companies collecting various "illegal" charges in the grab of delivery orders, THCD, ISPS, D/O Late Payment, insurance, advance rent and cleaning, etc. Under the Contract Act, carriers contracted and undertaken to perform
Published 30 Dec, 2015 12:00am
PTCL, SSC sign agreement

PTCL, SSC sign agreement

Pakistan Telecommunication Company Limited (PTCL), the largest ICT services provider in the country has signed an agreement with Service Sales Corporation (SSC), Pakistan's leading retailer, for provisioning of state-of-the-art Information Communication T
Published 30 Dec, 2015 12:00am
Crash-landing case: LHC seeks record of investigation report

Crash-landing case: LHC seeks record of investigation report

A division bench of Lahore High Court on Tuesday sought record of flight data and safety investigation report in a bail application of a pilot of Shaheen Airline Asmat Mahmood facing charges of crash-landing under the influence of liquor by January 13. Th
Published 30 Dec, 2015 12:00am
12th meeting of LUMHS senate held

12th meeting of LUMHS senate held

The 12th Meeting of the Senate of Liaquat University of Medical & Health Sciences Jamshoro held, here on Tuesday. Delivering an annual report for the year 2014-2015, Vice Chancellor LUMHS Professor Noshad A Shaikh said that the year had been an extra ordi
Published 30 Dec, 2015 12:00am
SSUET Chancellor honours Professor Saghir of Aligarh University

SSUET Chancellor honours Professor Saghir of Aligarh University

Chancellor, Sir Syed University of Engineering & Technology, Jawaid Anwar has said education is the major aspect of development of a modern society and it plays a significant role for the success of an individual and further progress of the nation. Sir Sy
Published 30 Dec, 2015 12:00am
Postponed LG polls in Sindh to be held today

Postponed LG polls in Sindh to be held today

The local government elections in 345 constituencies of Sindh including one union committee of Karachi East that were postponed earlier will be held on Wednesday (December 30). The elections will be held on those seats where election proceedings for Local
Published 30 Dec, 2015 12:00am
Shaukat Khanum Cancer Hospital in Peshawar inaugurated

Shaukat Khanum Cancer Hospital in Peshawar inaugurated

A cancer patient, Faakhir Afridi along with Pakistan Tehreek-i-Insaf (PTI) Chairman Imran Khan cut a ribbon to inaugurate Shaukat Khanum Memorial Cancer Hospital and Research Centre, Peshawar, here on Tuesday. Chief Minister of Khyber Pakhtunkhwa Perveiz
Published 30 Dec, 2015 12:00am
KP Governor, British HC discuss regional situation

KP Governor, British HC discuss regional situation

British High Commissioner in Pakistan, Philip Burton called on the Khyber Pakhtunkhwa Governor, Sardar Mahtab Ahmad Khan here at Governor's House, Peshawar on Tuesday. The distinguished guest remained with the Governor for some time and matters of mutual
Published 30 Dec, 2015 12:00am
Prime Minister vows to restore Murree's natural beauty

Prime Minister vows to restore Murree's natural beauty

Prime Minister Nawaz Sharif on Tuesday while vowing to restore the natural beauty and historic buildings of the tourist resort of Murree announced provision of a modern hospital, university and water supply scheme for the area. Addressing a large gatherin
Published 30 Dec, 2015 12:00am
Number of active SIMs increases by 1.645 million to 124.24 million

Number of active SIMs increases by 1.645 million to 124.24 million

The number of active SIMs increased by 1.645 million in the country and reached to 124.24 million which was brought down to 111.5 million after the SIMs verification drive through Biometric Verification System (BVS). Out of target of 103 million active SI
Published 30 Dec, 2015 12:00am
Prime Minister wants revival of PIA, special body told

Prime Minister wants revival of PIA, special body told

A Special Committee on the performance of Pakistan International Airlines (PIA) was told that the Prime Minister wants revival of PIA and not its privatisation. While answering a question raised by Senator Muhammad Usman Khan Kakar regarding privatisation
Published 30 Dec, 2015 12:00am
Mineral sector: KP minister for establishing transparent system

Mineral sector: KP minister for establishing transparent system

Khyber Pakhtunkhwa Minister for Mineral Development and Labour, Anisa Zeb Tahirkheli has said that it was imperative to formulate an equitable and permitting regime and to implement mineral and mining governance policy in order to establish a transparent
Published 30 Dec, 2015 12:00am
SECP holds seminar for students of Sargodha University

SECP holds seminar for students of Sargodha University

The Securities and Exchange Commission of Pakistan (SECP) organised an educational seminar for the M Com students of University of Sargodha (Gujranwala campus). The seminar held at the SECP Head Office under its campaign "Jamapunji" which has been launche
Published 30 Dec, 2015 12:00am
SECP holds seminar for students of Sargodha University

SECP holds seminar for students of Sargodha University

The Securities and Exchange Commission of Pakistan (SECP) organised an educational seminar for the M Com students of University of Sargodha (Gujranwala campus). The seminar held at the SECP Head Office under its campaign "Jamapunji" which has been launche
Published 30 Dec, 2015 12:00am
Indian HC pays farewell call on Prime Minister

Indian HC pays farewell call on Prime Minister

The outgoing Indian High Commissioner Dr T.C.A Raghavan made a farewell call on Prime Minister Muhammad Nawaz Sharif here at the PM House Tuesday. "Issues pertaining to bilateral relations between the two countries were discussed during the meeting," a st
Published 30 Dec, 2015 12:00am
ANF seizes 102kg of hashish

ANF seizes 102kg of hashish

The Anti Narcotics Force (ANF) seized 102 kilogram hashish from the secret compartments of a vehicle in the limits of Dina police station of district Jehlum. An official said that an ANF team at Tarki toll plaza of Jehlum intercepted a pick up bearing reg
Published 30 Dec, 2015 12:00am
Fauji Fertiliser achieves ISO 27001: 2013 certification

Fauji Fertiliser achieves ISO 27001: 2013 certification

In recognition of the commitment to global standards for information security best practices, Fauji Fertiliser Company Ltd has become one of the first organisations in fertiliser industry in Pakistan to achieve ISO 27001:2013 certification for its Informa
Published 30 Dec, 2015 12:00am
Fuel adjustment: Nepra approves refund of Rs 2.06 per unit for November

Fuel adjustment: Nepra approves refund of Rs 2.06 per unit for November

National Electric Power Regulatory Authority (Nepra) on Tuesday approved refund of Rs 2.06 per unit for consumers of for ex-Wapda power Distribution Companies (Discos) for November 2015 under the monthly fuel adjustment mechanism. The decision was taken a
Published 30 Dec, 2015 12:00am
Pakistan seeks to promote relations with Qatar: President

Pakistan seeks to promote relations with Qatar: President

President Mamnoon Hussain has emphasised that Pakistan desires to promote, strengthen and diversify its relations with Qatar in all fields of bilateral co-operation. The President said this while talking to Sheikh Falah Bin Jassim Bin Jabbor Al Thani, bro
Published 30 Dec, 2015 12:00am
Prosthetic limbs put terror survivors together again

Prosthetic limbs put terror survivors together again

Teen Ali Shah was on his way to school when he lost half of his right hand and his left leg after stepping on an IED - the Taliban's weapon of choice in its decade long insurgency. Now the 13-year-old, along with hundreds of others maimed by such bombs ev
Published 30 Dec, 2015 12:00am
Rs 48.15 billion released under PSDP

Rs 48.15 billion released under PSDP

The Federal government has released Rs 248.15 billion (35 % of total budgeted for the year) under Public Sector Development Programme (PSDP) for various development projects against a budgeted allocation of Rs 700 billion for 2015-16. The government has n
Published 30 Dec, 2015 12:00am
KP Governor condemns blast

KP Governor condemns blast

Khyber Pakhtunkhwa Governor Sardar Mahtab Ahmad Khan has strongly condemned suicide bomb blast at NADRA office, Dohsera Chowk in Mardan on Tuesday and expressed his deep shock and sorrow over the loss of precious innocent lives in the blast. In a statemen
Published 30 Dec, 2015 12:00am
Zardari condemns Mardan blast

Zardari condemns Mardan blast

Former President co-chairman Pakistan People's Party Asif Ali Zardari has strongly condemned suicide blast at Mardan Nadra office which reportedly killed 22 people and injured over 40 and called for effective measures to stop continuing bloodshed of innoc
Published 30 Dec, 2015 12:00am
Urdu as official language: contempt plea filed

Urdu as official language: contempt plea filed

A contempt plea has been filed in the Supreme Court against federal and provincial governments over non-implementation of the apex court verdict regarding implementation of Urdu as official language. On September 8, the then Chief Justice Jawwad S. Khawaj
Published 30 Dec, 2015 12:00am
Qadri slates Mardan attack

Qadri slates Mardan attack

Chairman of Pakistan Awami Tehreek Dr Tahirul Qadri has in the strongest possible words condemned the terrorism incident in Mardan and has expressed his grief over the loss of innocent lives. He said those who were responsible for that act of terrorism we
Published 30 Dec, 2015 12:00am
Tech training in jail: TEVTA to provide loans to prisoners after release

Tech training in jail: TEVTA to provide loans to prisoners after release

Technical Education and Vocational Training Authority (TEVTA) will provide loan amounting to Rs ten thousand to one hundred thousand to the prisoners who will impart technical training in the jail. This loan will be given to them after release from jails
Published 30 Dec, 2015 12:00am
'Punjab Khidmat Card' launched

'Punjab Khidmat Card' launched

Punjab government has launched the first and unique programme in the history of the country, 'Punjab Khidmat Card' for providing interest free loans, free technical training, rehabilitation and welfare and financial assistance to deserving persons. This h
Published 30 Dec, 2015 12:00am
Sri Lankan team visits PBIT

Sri Lankan team visits PBIT

A three-member delegation from Sri Lanka visited Punjab Board of Investment and Trade (PBIT) to discuss bilateral trade. Ranjith Bandara, Minister for Public Administration and Management (Sri Lanka) was heading the team. He was accompanied by Gamini Rath
Published 30 Dec, 2015 12:00am
Transfers, postings in Sindh Information Department

Transfers, postings in Sindh Information Department

The Government of Sindh has ordered transfers and postings of Directors of Information, Information and Archives Department, with immediate effect and till further orders. Sanaullah Rajar (BS-19) presently working as Director Press Information Karachi is
Published 30 Dec, 2015 12:00am
PIAF urges government to exempt industry from loadshedding

PIAF urges government to exempt industry from loadshedding

Pakistan Industrial and Traders Association Front (PIAF) has urged the government to exempt the industry from gas and power load shedding to achieve the exports target. The PIAF chairman Irfan Iqbal Sheikh said the Prime Minister has approved three-year t
Published 30 Dec, 2015 12:00am
PDWP approves six uplift schemes costing Rs 2.52 billion

PDWP approves six uplift schemes costing Rs 2.52 billion

Punjab Planning & Development Department approved 6 development schemes of development sectors with an estimated cost of Rs 2520.676 million. These schemes were approved in the 20th meeting of Provincial Development Working Party (PDWP) of current fiscal
Published 30 Dec, 2015 12:00am
Cut in power tariff for industrial sector hailed

Cut in power tariff for industrial sector hailed

Kissan Raaj Tehrik (Farmers' rule movement) Chairman Arsalan Khan Khakwani welcoming the decrease in electricity tariff announced by the Prime Minister for industrial sector has urged the government to grant discounted rates of power to the agricultural s
Published 30 Dec, 2015 12:00am
World symposium on recent advances in Molecular Biology begins
Cotton

World symposium on recent advances in Molecular Biology begins

Punjab Minister for Co-operatives and Prisons Muhammad Iqbal Channar has said that the new technologies must be introduced in the field of agriculture for the benefit of farmers and prosperity of the country and research and inventions of scientists shoul
Published 30 Dec, 2015 12:00am
PBA concerned at shutdown

PBA concerned at shutdown

In a statement issued in Karachi yesterday, Pakistan Broadcasters Association expressed deep concern and shock over the shutting down of cable networks in Gujranwala division by Punjab Revenue Authority (PRA). This action has denied the entire region acce
Published 30 Dec, 2015 12:00am
PRGMEA for formulation of sector-wise policies

PRGMEA for formulation of sector-wise policies

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has underscored the need of formulation of sector wise policies with the consultation of stakeholders for bringing boom in export of the country, said Chief Co-ordinator Pakistan
Published 30 Dec, 2015 12:00am
Small hydel projects in Punjab Sri Lankan investors show interest

Small hydel projects in Punjab Sri Lankan investors show interest

A high-level Sri Lankan delegation led by Minister for Public Administration & Management Ranjith Madduma Bandara met Punjab Chief Minister Shahbaz Sharif, here on Tuesday. Matters of mutual interest, bilateral relations and promotion of co-operation in a
Published 30 Dec, 2015 12:00am
Economic Corridor: LCCI urges government to ensure timely completion

Economic Corridor: LCCI urges government to ensure timely completion

The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to ensure timely completion of China-Pak Economic Corridor; as it is bound to turn Pakistan into a great investment destination. The LCCI President Sheikh Muhammad Arshad in state
Published 30 Dec, 2015 12:00am
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