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Print - 2016-02-23
THE RUPEE: modest slide
Currency

THE RUPEE: modest slide

The rupee tumbled against the dollar on the money market on Monday in the process of trading, dealers said. The rupee drifted lower by five-paisa versus the dollar for buying and selling at Rs 104.84 and Rs 104.85 respectively, they said.
Published 23 Feb, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (February 22, 2016).

Published 23 Feb, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (February 22, 2016).

Published 23 Feb, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (February 22, 2016).

Published 23 Feb, 2016 12:00am
Gun battle in Indian held Kashmir ends with nine dead

Gun battle in Indian held Kashmir ends with nine dead

Troops and police on Monday killed three alleged militants holed up in a government building in Indian held Kashmir, ending a three-day gunbattle in which five soldiers and a civilian also died, police said. The fighting broke out when freedom fighters am
Published 23 Feb, 2016 12:00am
Gun battle in Indian held Kashmir ends with nine dead

Gun battle in Indian held Kashmir ends with nine dead

Troops and police on Monday killed three alleged militants holed up in a government building in Indian held Kashmir, ending a three-day gunbattle in which five soldiers and a civilian also died, police said. The fighting broke out when freedom fighters am
Published 23 Feb, 2016 12:00am
US and Russia announce Syria ceasefire from Saturday

US and Russia announce Syria ceasefire from Saturday

The United States and Russia on Monday announced plans for a landmark "cessation of hostilities" to take effect in war-torn Syria on February 27, excluding the main jihadist factions. The announcement drew a conditional acceptance from the main opposition
Published 23 Feb, 2016 12:00am
US and Russia announce Syria ceasefire from Saturday

US and Russia announce Syria ceasefire from Saturday

The United States and Russia on Monday announced plans for a landmark "cessation of hostilities" to take effect in war-torn Syria on February 27, excluding the main jihadist factions. The announcement drew a conditional acceptance from the main opposition
Published 23 Feb, 2016 12:00am
US dominates arms trade as Asia, Mid-East boost imports

US dominates arms trade as Asia, Mid-East boost imports

The global transfer of major arms has risen in recent years, with the United States increasing its dominance of the trade while the flow of weaponry to Africa, Asia and the Middle East has increased, a new study published Monday showed. According to the S
Published 23 Feb, 2016 12:00am
US dominates arms trade as Asia, Mid-East boost imports

US dominates arms trade as Asia, Mid-East boost imports

The global transfer of major arms has risen in recent years, with the United States increasing its dominance of the trade while the flow of weaponry to Africa, Asia and the Middle East has increased, a new study published Monday showed. According to the S
Published 23 Feb, 2016 12:00am
US dominates arms trade as Asia, Mid-East boost imports

US dominates arms trade as Asia, Mid-East boost imports

The global transfer of major arms has risen in recent years, with the United States increasing its dominance of the trade while the flow of weaponry to Africa, Asia and the Middle East has increased, a new study published Monday showed. According to the S
Published 23 Feb, 2016 12:00am
Afghan peace process: Army chief meets Qatari emir

Afghan peace process: Army chief meets Qatari emir

Chief of Army Staff (CoAS) General Raheel Sharif who is on an official visit to Qatar separately called on Sheikh Tamim Bin Hamad Al-Thani, Emir of the state of Qatar, Sheikh Abdullah Bin Naseer Bin Khalifa Al-Thani, Prime Minister and Minister of Interio
Published 23 Feb, 2016 12:00am
Afghan peace process: Army chief meets Qatari emir

Afghan peace process: Army chief meets Qatari emir

Chief of Army Staff (CoAS) General Raheel Sharif who is on an official visit to Qatar separately called on Sheikh Tamim Bin Hamad Al-Thani, Emir of the state of Qatar, Sheikh Abdullah Bin Naseer Bin Khalifa Al-Thani, Prime Minister and Minister of Interio
Published 23 Feb, 2016 12:00am
QCG to meet in Kabul today

QCG to meet in Kabul today

The top diplomats of Afghanistan, Pakistan, United States and China will meet in Kabul on Tuesday (today) to finalise an early possible date for the direct talks between representatives of the Afghan government and Taliban groups.
Published 23 Feb, 2016 12:00am
QCG to meet in Kabul today

QCG to meet in Kabul today

The top diplomats of Afghanistan, Pakistan, United States and China will meet in Kabul on Tuesday (today) to finalise an early possible date for the direct talks between representatives of the Afghan government and Taliban groups.
Published 23 Feb, 2016 12:00am
Curfew imposed on Mohmand Agency

Curfew imposed on Mohmand Agency

The political administration has imposed curfew on Mohmand Agency, citing potential security threats, while security forces have stepped up operations in the restive tribal region. At around 2am on Monday morning, security forces via loudspeakers ordered
Published 23 Feb, 2016 12:00am
Curfew imposed on Mohmand Agency

Curfew imposed on Mohmand Agency

The political administration has imposed curfew on Mohmand Agency, citing potential security threats, while security forces have stepped up operations in the restive tribal region. At around 2am on Monday morning, security forces via loudspeakers ordered
Published 23 Feb, 2016 12:00am
NAB allowed to file reference against Asim

NAB allowed to file reference against Asim

The national accountability court has allowed the national accountability bureau (NAB) to proceed with preparing a 'Reference' against Sindh higher education commission chairman and former federal minister for petroleum Dr Asim Hussain, who is under arres
Published 23 Feb, 2016 12:00am
NAB allowed to file reference against Asim

NAB allowed to file reference against Asim

The national accountability court has allowed the national accountability bureau (NAB) to proceed with preparing a 'Reference' against Sindh higher education commission chairman and former federal minister for petroleum Dr Asim Hussain, who is under arres
Published 23 Feb, 2016 12:00am
FIR not enough, says India's defence minister

FIR not enough, says India's defence minister

Indian Defence Minister Manohar Parrikar has said that registration of a First Infor-mation Report (FIR) in the Pathankot attack by Pakistan is not enough. "Registration of a case is merely a step ahead, but it won't do. There should be serious investigat
Published 23 Feb, 2016 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Feb, 2016 12:00am
FIR not enough, says India's defence minister

FIR not enough, says India's defence minister

Indian Defence Minister Manohar Parrikar has said that registration of a First Infor-mation Report (FIR) in the Pathankot attack by Pakistan is not enough. "Registration of a case is merely a step ahead, but it won't do. There should be serious investigat
Published 23 Feb, 2016 12:00am
CCI to be convened to discuss LNG

CCI to be convened to discuss LNG

Sindh government's serious reservations with respect to establishing two liquefied natural gas (LNG)-based power plants in Punjab and the proposed draft of LNG Policy 2015 have compelled the federal government to convene a Council of Common Interest (CCI)
Published 23 Feb, 2016 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 23 Feb, 2016 12:00am
CCI to be convened to discuss LNG

CCI to be convened to discuss LNG

Sindh government's serious reservations with respect to establishing two liquefied natural gas (LNG)-based power plants in Punjab and the proposed draft of LNG Policy 2015 have compelled the federal government to convene a Council of Common Interest (CCI)
Published 23 Feb, 2016 12:00am
CCI to be convened to discuss LNG

CCI to be convened to discuss LNG

Sindh government''s serious reservations with respect to establishing two liquefied natural gas (LNG)-based power plants in Punjab and the proposed draft of LNG Policy 2015 have compelled the federal government to convene a Council of Common Interest (CCI
Published 23 Feb, 2016 12:00am
Prime Minister orders timely completion of power projects

Prime Minister orders timely completion of power projects

Prime Minister Nawaz Sharif has ordered timely completion of ongoing power projects to add 3390MW of electricity by 2016 and 8738MW by 2017 to the system. Sources said the Cabinet Committee on Energy presided over by the Prime Minister was briefed on the
Published 23 Feb, 2016 12:00am
Prime Minister orders timely completion of power projects

Prime Minister orders timely completion of power projects

Prime Minister Nawaz Sharif has ordered timely completion of ongoing power projects to add 3390MW of electricity by 2016 and 8738MW by 2017 to the system. Sources said the Cabinet Committee on Energy presided over by the Prime Minister was briefed on the
Published 23 Feb, 2016 12:00am
Prime Minister orders timely completion of power projects

Prime Minister orders timely completion of power projects

Prime Minister Nawaz Sharif has ordered timely completion of ongoing power projects to add 3390MW of electricity by 2016 and 8738MW by 2017 to the system. Sources said the Cabinet Committee on Energy presided over by the Prime Minister was briefed on the
Published 23 Feb, 2016 12:00am
Increase in demand pushed up airfares: CCP

Increase in demand pushed up airfares: CCP

The Competition Commission of Pakistan (CCP) has found that the increase in airfares by two private airlines was not exorbitant, as airfares were increased merely due to an increase in demand and the normal operations whereby last minute bookings are char
Published 23 Feb, 2016 12:00am
Increase in demand pushed up airfares: CCP

Increase in demand pushed up airfares: CCP

The Competition Commission of Pakistan (CCP) has found that the increase in airfares by two private airlines was not exorbitant, as airfares were increased merely due to an increase in demand and the normal operations whereby last minute bookings are char
Published 23 Feb, 2016 12:00am
Increase in demand pushed up airfares: CCP

Increase in demand pushed up airfares: CCP

The Competition Commission of Pakistan (CCP) has found that the increase in airfares by two private airlines was not exorbitant, as airfares were increased merely due to an increase in demand and the normal operations whereby last minute bookings are char
Published 23 Feb, 2016 12:00am
IEA braces for another year of cheap oil

IEA braces for another year of cheap oil

Oil prices will remain low at least until next year, the International Energy Agency (IEA) warned Monday, saying any 2017 recovery will be slow as massive oil stocks feed into the market. "We must say that today's oil market conditions do not suggest that
Published 23 Feb, 2016 12:00am
THE RUPEE: modest slide
Currency

THE RUPEE: modest slide

The rupee tumbled against the dollar on the money market on Monday in the process of trading, dealers said. The rupee drifted lower by five-paisa versus the dollar for buying and selling at Rs 104.84 and Rs 104.85 respectively, they said.
Published 23 Feb, 2016 12:00am
IEA braces for another year of cheap oil

IEA braces for another year of cheap oil

Oil prices will remain low at least until next year, the International Energy Agency (IEA) warned Monday, saying any 2017 recovery will be slow as massive oil stocks feed into the market. "We must say that today's oil market conditions do not suggest that
Published 23 Feb, 2016 12:00am
Electoral reforms: third in-camera meeting of parliamentary body held

Electoral reforms: third in-camera meeting of parliamentary body held

The third in-camera meeting of Sub-Committee of Parliamentary Committee on Electoral Reforms was held under chairmanship of Dr Arif Alvi and took stock of progress on bio-metric system of authentication of voters and use of Electronic Voting Machines (EVM
Published 23 Feb, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (February 22, 2016).

Published 23 Feb, 2016 12:00am
Electoral reforms: third in-camera meeting of parliamentary body held

Electoral reforms: third in-camera meeting of parliamentary body held

The third in-camera meeting of Sub-Committee of Parliamentary Committee on Electoral Reforms was held under chairmanship of Dr Arif Alvi and took stock of progress on bio-metric system of authentication of voters and use of Electronic Voting Machines (EVM
Published 23 Feb, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (February 22, 2016).

Published 23 Feb, 2016 12:00am
Textile exports register sharp fall in January
Cotton

Textile exports register sharp fall in January

A decline in textile exports continued in January showing a drastic drop in basic textile exports both in quantity and value terms. The value-added exports have shown a subdued growth against the corresponding period, claims an export data released by the
Published 23 Feb, 2016 12:00am
The Weather

The Weather

The weather report on Monday (February 22, 2016) and the forecast for Tuesday (February 23, 2016).

Published 23 Feb, 2016 12:00am
Textile exports register sharp fall in January
Cotton

Textile exports register sharp fall in January

A decline in textile exports continued in January showing a drastic drop in basic textile exports both in quantity and value terms. The value-added exports have shown a subdued growth against the corresponding period, claims an export data released by the
Published 23 Feb, 2016 12:00am
Textile exports register sharp fall in January
Cotton

Textile exports register sharp fall in January

A decline in textile exports continued in January showing a drastic drop in basic textile exports both in quantity and value terms. The value-added exports have shown a subdued growth against the corresponding period, claims an export data released by the
Published 23 Feb, 2016 12:00am
Jamaat 'most democratic party': Pildat

Jamaat 'most democratic party': Pildat

The ruling Pakistan Muslim League-Nawaz (PML-N) has emerged as "least democratic" party for the second consecutive year in a systematic evaluation of intra-party democracy in the country in which Jamaat-e-Islami (JI) is ranked as the most democratic party
Published 23 Feb, 2016 12:00am
Jamaat 'most democratic party': Pildat

Jamaat 'most democratic party': Pildat

The ruling Pakistan Muslim League-Nawaz (PML-N) has emerged as "least democratic" party for the second consecutive year in a systematic evaluation of intra-party democracy in the country in which Jamaat-e-Islami (JI) is ranked as the most democratic party
Published 23 Feb, 2016 12:00am
Diplomatic relations with Solomon Islands established

Diplomatic relations with Solomon Islands established

Diplomatic relations between the Islamic Republic of Pakistan and the Solomon Islands were formally established, pursuant to the signing of a Joint Communiqué between the two countries on 19th February 2016, in Honiara. Foreign Minister George Milner Toza
Published 23 Feb, 2016 12:00am
Diplomatic relations with Solomon Islands established

Diplomatic relations with Solomon Islands established

Diplomatic relations between the Islamic Republic of Pakistan and the Solomon Islands were formally established, pursuant to the signing of a Joint Communiqué between the two countries on 19th February 2016, in Honiara. Foreign Minister George Milner Toza
Published 23 Feb, 2016 12:00am
Thousands of Afghans stranded in Greece as Macedonia shuts border

Thousands of Afghans stranded in Greece as Macedonia shuts border

Thousands of migrants were left stranded in Greece Monday after Macedonia abruptly closed it border to Afghans, creating a fresh bottleneck as European countries scramble to respond to the continent's worst refugee crisis since World War II. Overall, some
Published 23 Feb, 2016 12:00am
Thousands of Afghans stranded in Greece as Macedonia shuts border

Thousands of Afghans stranded in Greece as Macedonia shuts border

Thousands of migrants were left stranded in Greece Monday after Macedonia abruptly closed it border to Afghans, creating a fresh bottleneck as European countries scramble to respond to the continent's worst refugee crisis since World War II. Overall, some
Published 23 Feb, 2016 12:00am
Nazaria-i-Pakistan conference begins today

Nazaria-i-Pakistan conference begins today

The 8th 3-day annual Nazaria-i-Pakistan conference commences at Aiwan-e-Karkunan-e-Tahrik-e-Pakistan on the Mall road here today with the vision to make Pakistan a modern Islamic, Ideological, Welfare and Democratic State.
Published 23 Feb, 2016 12:00am
Automobile sector: Tevta to start short courses soon

Automobile sector: Tevta to start short courses soon

Tevta Chairperson Irfan Qaiser Sheikh said on Monday that authority will start demand-driven short courses in the automobile sector soon. He stated this while addressing a signing ceremony of a memorandum of understanding with Ravi Autos Sundar Company at
Published 23 Feb, 2016 12:00am
Government policies strengthen economy: Shahbaz

Government policies strengthen economy: Shahbaz

Punjab Chief Minister Shahbaz Sharif has said that due to the solid economic policies of the government, national economy has strengthened and today's Pakistan is more developed than 2013. He said political parties opposing development projects cannot sto
Published 23 Feb, 2016 12:00am