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Print - 2016-03-12
Education, other sectors: Rajwana praises women's role

Education, other sectors: Rajwana praises women's role

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) arranged the International Women's Day 2016 event at the Governor House on Friday. Speaking on the occasion, Governor Rafique Rajwana told the audience, "Women are taking a lead in the f
Published 12 Mar, 2016 12:00am
Punjab government keen to deal with climate change impacts: minister

Punjab government keen to deal with climate change impacts: minister

Punjab Minister for Environment Zakia Shah Nawaz has termed the climate change as a serious threat to livelihoods of millions of people across Pakistan. "Punjab also facing the same phenomenon and the provincial government is fully aware of the scale of t
Published 12 Mar, 2016 12:00am
Thar Coal Power Project: Civil work comes to a halt

Thar Coal Power Project: Civil work comes to a halt

Civil work at the Thar Coal Power Project has come to a halt after completion of the mining activity for removal of overburden up to four million cubic meters in the allocated area, it is learnt reliably. "There is no movement of a single truck, loader or
Published 12 Mar, 2016 12:00am
PRA seals two railway booking offices

PRA seals two railway booking offices

The Punjab Revenue Authority (PRA) on Friday sealed two railways booking offices working in the provincial metropolis under Pakistan Railways Advisory and Consultancy Services (PRACS) on the charges of being non-compliant and not getting themselves regist
Published 12 Mar, 2016 12:00am
Protection of Women: SC approached against impugned Act

Protection of Women: SC approached against impugned Act

Wattan Party on Friday has approached the Supreme Court against Punjab Protection of Women against Violence Act 2016 for being repugnant to the Constitution. The Punjab-chapter president Basim Khan contended that the impugned law would be misused by fraud
Published 12 Mar, 2016 12:00am
Annual Sports Gala held

Annual Sports Gala held

The Punjab University Hailey College of Banking and Finance has organised annual Sports Gala. The two-day event included tug of war, badminton, table tennis and board games. Principal Mubbsher Munawar Khan also doled out prizes to winners. In his address,
Published 12 Mar, 2016 12:00am
Wapda chief visits Neelum Jhelum Hydropower project

Wapda chief visits Neelum Jhelum Hydropower project

Reviewing the pace of construction work on the 969MW Neelum-Jhelum Hydropower Project (NJHP), Pakistan Water and Power Development Authority (Wapda) Chairman Zafar Mahmood has urged upon the project authorities to further expedite their efforts, so that t
Published 12 Mar, 2016 12:00am
Heavy widespread rains likely today

Heavy widespread rains likely today

In a special weather advisory, the Meteorological department has predicted that heavy downpours may generate urban/flash flooding in upper KP (Malakand, Hazara, Peshawar, Mardan divisions), Fata, DG Khan, Gujranwala, Rawalpindi, Lahore divisions and Kashm
Published 12 Mar, 2016 12:00am
Frequent changes in overhead bridge design push up cost

Frequent changes in overhead bridge design push up cost

The repeated changes in the design and consistent delay in completing Takhtbhai overhead bridge has escalated the cost of the project to Rs 836.47 million against the original cost of Rs 582.12 million - a huge increase of about 41 percent. The National A
Published 12 Mar, 2016 12:00am
Philanthropist donates dialysis machines to LGH

Philanthropist donates dialysis machines to LGH

A philanthropist has donated eight dialysis machines worth Rs 10 million to the Lahore General Hospital (LGH), taking the total number to 34 and making it the largest dialysis centre in the province. An event to mark the machine hand-over on Friday by the
Published 12 Mar, 2016 12:00am
Model Town case: Enraged workers of PAT hampered dialogue: DCO

Model Town case: Enraged workers of PAT hampered dialogue: DCO

The District Co-ordination Officer (DCO) of Lahore told an anti terrorism court on Friday that it was enraged workers of Pakistan Awami Tehreek (PAT) who hampered the dialogue and created a law and order situation outside the residence of Dr Tahirul Qadri
Published 12 Mar, 2016 12:00am
Traders urged to prepare budget proposals
Cotton

Traders urged to prepare budget proposals

LCCI Vice President Nasir Saeed has urged the traders to prepare proposals and submit to the chamber as the Federal Board of Revenue has already launched a budget-making exercise. He stated this while addressing the opening ceremony of a machinery display
Published 12 Mar, 2016 12:00am
D-Talk project for six KP districts launched

D-Talk project for six KP districts launched

Diabetes Treatment and Lifestyle Knowledge (D-Talk) formally launched for six districts; Buner, Haripur, Nowshera, Karak, Lakki Marwat and D.I.Khan here in Peshawar today inaugurated by Provincial Minister for Health Shahram Khan Tarakai. "The idea is ver
Published 12 Mar, 2016 12:00am
The Weather

The Weather

The weather report on Friday (March 11, 2016) and the forecast for Saturday (March 12, 2016).

Published 12 Mar, 2016 12:00am
Steps under way to reform healthcare delivery system: Khattak

Steps under way to reform healthcare delivery system: Khattak

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has said that steps are underway to reform health care delivery system in the province adding that all hospitals of the province will be equipped with staff and equipment so that common men could be provide
Published 12 Mar, 2016 12:00am
President summons National Assembly session on March 14

President summons National Assembly session on March 14

The President of Islamic Republic of Pakistan has summoned the 30th session of the National Assembly on March 14, 2016 at 3:00 pm in the Parliament House, Islamabad. The President has summoned the National Assembly session in exercise of powers conferred
Published 12 Mar, 2016 12:00am
Al Meezan introduces Meezan Easy Cash
Mutual Funds

Al Meezan introduces Meezan Easy Cash

Al Meezan, Pakistan's largest private sector asset management company is the pioneer of yet another innovative value added service- Meezan Easy Cash. This facility is aimed at providing investors the ease to encash their investments within 30 minutes by s
Published 12 Mar, 2016 12:00am
FBR slaps 'major penalty' on IRAO

FBR slaps 'major penalty' on IRAO

The Federal Board of Revenue (FBR) has imposed major penalty of "reduction to lower post for a period of one year" upon Mian Muhammad Ibrahim, Inland Revenue Audit Officer. According to a notification issued by the FBR Friday, the disciplinary proceedings
Published 12 Mar, 2016 12:00am
Country likely to achieve wheat production target
Cotton

Country likely to achieve wheat production target

The country is likely to achieve wheat production target of 25.8 million tons for Rabi crop season 2015-16 as the current countrywide rain spell will have a positive impact on overall agriculture production of major Rabi crops. According to agriculturalis
Published 12 Mar, 2016 12:00am
ATC extends bails of MQM leaders till March 26

ATC extends bails of MQM leaders till March 26

An Anti-Terrorism Court (ATC) on Friday extended the bail of Muttahida Qaumi Movement (MQM) leaders Waseem Akhter and Abdur Rauf Siddiqui in the hate-speeches cases. The MQM chief was accused of delivering hate- speeches against military establishment and
Published 12 Mar, 2016 12:00am
Pakistan set to join upper middle income countries by 2030: Aziz

Pakistan set to join upper middle income countries by 2030: Aziz

Pakistan has integrated the objectives and targets of Sustainable Development Goals (SDGs) 2030 in our national economic and development planning, which will enable Pakistan to join the league of upper middle class countries by 2030. This was stated by Sa
Published 12 Mar, 2016 12:00am
Senate passes law against child sexual abuse

Senate passes law against child sexual abuse

The Upper House of Parliament on Friday passed Criminal Law (Amendment) Bill, 2015, aimed at providing protection to children from cruel treatment. The bill was moved by Zahid Hamid, minister for climate change, amends the Pakistan Penal Code 1860 and the
Published 12 Mar, 2016 12:00am
Senate passes law against child sexual abuse

Senate passes law against child sexual abuse

The Upper House of Parliament on Friday passed Criminal Law (Amendment) Bill, 2015, aimed at providing protection to children from cruel treatment. The bill was moved by Zahid Hamid, minister for climate change, amends the Pakistan Penal Code 1860 and the
Published 12 Mar, 2016 12:00am
ICE cotton recovers after touching lowest since 2009
Cotton

ICE cotton recovers after touching lowest since 2009

Cotton futures recovered from a more than 6-1/2-year low on Thursday, helped by a weaker dollar and a strong weekly US export report. A government report, which showed a 7 percent rise in export sales of upland cotton in the week ended March 3, was "somew
Published 12 Mar, 2016 12:00am
Shanghai copper retest support at 36,850 yuan

Shanghai copper retest support at 36,850 yuan

Shanghai copper to retest a support at 36,850 yuan per tonne, as the fall from 39,130 yuan, an hourly chart high on March 5, has not completed yet. The fall followed the completion of an uptrend from the November 24, 2015 low of 33,150 yuan. A Fibonacci r
Published 12 Mar, 2016 12:00am
Copper gains as funds reverse bets ahead of Chinese data
Exchange

Copper gains as funds reverse bets ahead of Chinese data

Copper rose on Friday as funds reversed bets on lower prices ahead of economic data from top consumer China, but a stronger dollar capped gains. Benchmark copper on the London Metal Exchange closed up 1.6 percent at $4,970 a tonne in official rings. The m
Published 12 Mar, 2016 12:00am
Tokyo rubber futures extend declines
Exchange

Tokyo rubber futures extend declines

Benchmark Tokyo rubber futures extended declines for a fourth session on Friday, as lacklustre economic indicators in North Asia raised worries over rubber consumption, despite ongoing production curbs by Asia's top producers to support prices. The Tokyo
Published 12 Mar, 2016 12:00am
India strategic partner, Pakistan historic ally: Saudi Arabia

India strategic partner, Pakistan historic ally: Saudi Arabia

Saudi Arabia's relations with Pakistan do not come at the expense of the Kingdom's ties with India, Foreign Minister Adel Al-Jubeir said during his recent visit to New Delhi. "Pakistan is a historic ally and will remain so," Al-Jubeir said, adding that Sa
Published 12 Mar, 2016 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (March 11, 2016).
Published 12 Mar, 2016 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (March 11, 2016).

Published 12 Mar, 2016 12:00am
Audience stunned by display of JF-17 Thunder

Audience stunned by display of JF-17 Thunder

The maiden aerial display of PAF JF-17 Thunder at the culmination of North Thunder Military Exercise held at King Khalid Military City in Kingdom of Saudi Arabia on Friday stunned the audience. Saudi King Salman bin Abdul Aziz along with Prime Minister of
Published 12 Mar, 2016 12:00am
Audience stunned by display of JF-17 Thunder

Audience stunned by display of JF-17 Thunder

The maiden aerial display of PAF JF-17 Thunder at the culmination of North Thunder Military Exercise held at King Khalid Military City in Kingdom of Saudi Arabia on Friday stunned the audience. Saudi King Salman bin Abdul Aziz along with Prime Minister of
Published 12 Mar, 2016 12:00am
IEA says oil price rout may finally be over

IEA says oil price rout may finally be over

The oil price may have finally bottomed out after an unprecedented drop over the past 18 months, the International Energy Agency (IEA) said Friday, noting oil's "remarkable recovery" over recent weeks. Recent sharp gains in the oil price, taking it to aro
Published 12 Mar, 2016 12:00am
IEA says oil price rout may finally be over

IEA says oil price rout may finally be over

The oil price may have finally bottomed out after an unprecedented drop over the past 18 months, the International Energy Agency (IEA) said Friday, noting oil's "remarkable recovery" over recent weeks. Recent sharp gains in the oil price, taking it to aro
Published 12 Mar, 2016 12:00am
IEA says oil price rout may finally be over

IEA says oil price rout may finally be over

The oil price may have finally bottomed out after an unprecedented drop over the past 18 months, the International Energy Agency (IEA) said Friday, noting oil''s "remarkable recovery" over recent weeks. Recent sharp gains in the oil price, taking it to ar
Published 12 Mar, 2016 12:00am
Inflation, other indicators: PBS asked to give presentation to ECC

Inflation, other indicators: PBS asked to give presentation to ECC

Finance Minister Ishaq Dar has directed Pakistan Bureau of Statistics (PBS) to give a detailed presentation to the members of Economic Co-ordination Committee (ECC) of the Cabinet regarding mechanism and methodology for calculation of inflation and other
Published 12 Mar, 2016 12:00am
Inflation, other indicators: PBS asked to give presentation to ECC

Inflation, other indicators: PBS asked to give presentation to ECC

Finance Minister Ishaq Dar has directed Pakistan Bureau of Statistics (PBS) to give a detailed presentation to the members of Economic Co-ordination Committee (ECC) of the Cabinet regarding mechanism and methodology for calculation of inflation and other
Published 12 Mar, 2016 12:00am
Inflation, other indicators: PBS asked to give presentation to ECC

Inflation, other indicators: PBS asked to give presentation to ECC

Finance Minister Ishaq Dar has directed Pakistan Bureau of Statistics (PBS) to give a detailed presentation to the members of Economic Co-ordination Committee (ECC) of the Cabinet regarding mechanism and methodology for calculation of inflation and other
Published 12 Mar, 2016 12:00am
Inflation, other indicators: PBS asked to give presentation to ECC

Inflation, other indicators: PBS asked to give presentation to ECC

Finance Minister Ishaq Dar has directed Pakistan Bureau of Statistics (PBS) to give a detailed presentation to the members of Economic Co-ordination Committee (ECC) of the Cabinet regarding mechanism and methodology for calculation of inflation and other
Published 12 Mar, 2016 12:00am
Release of SDR 360 million: IMF meeting yet to be scheduled

Release of SDR 360 million: IMF meeting yet to be scheduled

The International Monetary Fund's Executive Board meeting is yet to be scheduled to take up the staff level report of the 10th review and give approval to release of SDR 360 million (about US $497 million). An official of the IMF resident representative o
Published 12 Mar, 2016 12:00am
Release of SDR 360 million: IMF meeting yet to be scheduled

Release of SDR 360 million: IMF meeting yet to be scheduled

The International Monetary Fund's Executive Board meeting is yet to be scheduled to take up the staff level report of the 10th review and give approval to release of SDR 360 million (about US $497 million). An official of the IMF resident representative o
Published 12 Mar, 2016 12:00am
Release of SDR 360 million: IMF meeting yet to be scheduled

Release of SDR 360 million: IMF meeting yet to be scheduled

The International Monetary Fund''s Executive Board meeting is yet to be scheduled to take up the staff level report of the 10th review and give approval to release of SDR 360 million (about US $497 million). An official of the IMF resident representative
Published 12 Mar, 2016 12:00am
July-February exports down 13.26 percent YoY

July-February exports down 13.26 percent YoY

The country's exports declined by 13.26 percent during the first eight months of the current fiscal year as compared to the same period of last fiscal year, according to Pakistan Bureau of Statistics (PBS). Provisional trade data released by the PBS Frida
Published 12 Mar, 2016 12:00am
July-February exports down 13.26 percent YoY

July-February exports down 13.26 percent YoY

The country's exports declined by 13.26 percent during the first eight months of the current fiscal year as compared to the same period of last fiscal year, according to Pakistan Bureau of Statistics (PBS). Provisional trade data released by the PBS Frida
Published 12 Mar, 2016 12:00am
July-February exports down 13.26 percent YoY

July-February exports down 13.26 percent YoY

The country''s exports declined by 13.26 percent during the first eight months of the current fiscal year as compared to the same period of last fiscal year, according to Pakistan Bureau of Statistics (PBS). Provisional trade data released by the PBS Frid
Published 12 Mar, 2016 12:00am
Guddu power station: Ministry to add 1500 megawatts to grid by summer

Guddu power station: Ministry to add 1500 megawatts to grid by summer

Ministry of Water and Power is to add 1500 MW electricity to the national grid from Guddu Thermal Power Station by summer 2016. Secretary Water and Power, Younas Dagha, has inaugurated an addition of 270 MW of electricity to the national grid from Guddu p
Published 12 Mar, 2016 12:00am
Guddu power station: Ministry to add 1500 megawatts to grid by summer

Guddu power station: Ministry to add 1500 megawatts to grid by summer

Ministry of Water and Power is to add 1500 MW electricity to the national grid from Guddu Thermal Power Station by summer 2016. Secretary Water and Power, Younas Dagha, has inaugurated an addition of 270 MW of electricity to the national grid from Guddu p
Published 12 Mar, 2016 12:00am
Guddu power station: Ministry to add 1500 megawatts to grid by summer

Guddu power station: Ministry to add 1500 megawatts to grid by summer

Ministry of Water and Power is to add 1500 MW electricity to the national grid from Guddu Thermal Power Station by summer 2016. Secretary Water and Power, Younas Dagha, has inaugurated an addition of 270 MW of electricity to the national grid from Guddu p
Published 12 Mar, 2016 12:00am
Stocks stay bearish

Stocks stay bearish

Friday saw stocks ending the week at 32,669 points, down 0.13 percent or 41 points from 32,711 points Thursday. The benchmark KSE-100 depicted volatility and hit the intraday high and low of 32,758 points and 32,525 points levels. "Weak sentiment persiste
Published 12 Mar, 2016 12:00am
Stocks stay bearish

Stocks stay bearish

Friday saw stocks ending the week at 32,669 points, down 0.13 percent or 41 points from 32,711 points Thursday. The benchmark KSE-100 depicted volatility and hit the intraday high and low of 32,758 points and 32,525 points levels. "Weak sentiment persiste
Published 12 Mar, 2016 12:00am
Stocks stay bearish

Stocks stay bearish

Friday saw stocks ending the week at 32,669 points, down 0.13 percent or 41 points from 32,711 points Thursday. The benchmark KSE-100 depicted volatility and hit the intraday high and low of 32,758 points and 32,525 points levels. "Weak sentiment persiste
Published 12 Mar, 2016 12:00am
BRIndex30 up 17.07 points

BRIndex30 up 17.07 points

On Friday, BRIndex30 opened at 20,279.04 points. It touched an intraday high of 20,340.99 points and an intraday low of 20,142.11 points and closed at 20,296.11 points which was 17.07 points or 0.08 percent higher than previous close. Total volume was 67,
Published 12 Mar, 2016 12:00am
BRIndex30 up 17.07 points

BRIndex30 up 17.07 points

On Friday, BRIndex30 opened at 20,279.04 points. It touched an intraday high of 20,340.99 points and an intraday low of 20,142.11 points and closed at 20,296.11 points which was 17.07 points or 0.08 percent higher than previous close. Total volume was 67,
Published 12 Mar, 2016 12:00am
Ethnic tension: Punjab textbook causes considerable controversy

Ethnic tension: Punjab textbook causes considerable controversy

The lawmakers in Senate on Friday strongly protested after a Baloch Senator pointed out that in a textbook, 'Sociology of Pakistan', Baloch is described as uncivilised nation, who always quarrel with each other and loot convoys. "I don't know what sort of
Published 12 Mar, 2016 12:00am
Ethnic tension: Punjab textbook causes considerable controversy

Ethnic tension: Punjab textbook causes considerable controversy

The lawmakers in Senate on Friday strongly protested after a Baloch Senator pointed out that in a textbook, 'Sociology of Pakistan', Baloch is described as uncivilised nation, who always quarrel with each other and loot convoys. "I don't know what sort of
Published 12 Mar, 2016 12:00am
Army officer gunned down in Peshawar

Army officer gunned down in Peshawar

Lieutenant Colonel of Pakistan Army was shot dead by some unknown assailants near Ring Road in Peshawar's Hayatabad area on Friday. Some unidentified gunmen opened fire at Lieutenant Colonel Tariq Ghafoor's vehicle when he was on his way for Juma prayers.
Published 12 Mar, 2016 12:00am
Army officer gunned down in Peshawar

Army officer gunned down in Peshawar

Lieutenant Colonel of Pakistan Army was shot dead by some unknown assailants near Ring Road in Peshawar's Hayatabad area on Friday. Some unidentified gunmen opened fire at Lieutenant Colonel Tariq Ghafoor's vehicle when he was on his way for Juma prayers.
Published 12 Mar, 2016 12:00am
Clashes at protest for slain Turkish teenager

Clashes at protest for slain Turkish teenager

Turkish police fired tear gas to disperse a demonstration on Friday in honour of a teenager whose death two years ago helped mobilise opposition to President Recep Tayyip Erdogan. Police and far-left activists armed with rocks and petrol bombs clashed in
Published 12 Mar, 2016 12:00am
India nuclear reactor shut down after water leak

India nuclear reactor shut down after water leak

A reactor at a nuclear plant in western India was shut down Friday after a water leak was discovered, officials said, stressing that workers had not been exposed to radiation. No radioactive material had leaked from the Kakrapar Atomic Power Station in th
Published 12 Mar, 2016 12:00am