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Print - 2016-03-22
Hubco to reduce shareholding in China Power

Hubco to reduce shareholding in China Power

The Hub Power Company Limited (Hubco) has decided to slash its shareholding in China Power Hub Generation Company (Pvt) Limited to 26 percent, said a stock filing on Monday. "Hubco will be reducing its shareholding through its wholly owned subsidiary, Hub
Published 22 Mar, 2016 12:00am
International Day of Forests: Imran launches 'Green Ribbon Movement'

International Day of Forests: Imran launches 'Green Ribbon Movement'

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Monday launched 'Green Ribbon Movement' with the slogan of 'One Tree One Life'. He was joined by hundreds of students in Peshawar to mark the 'International Day of Forests' by planting 100,000 trees un
Published 22 Mar, 2016 12:00am
Chinese investors interested in industrial park project

Chinese investors interested in industrial park project

A 20-member delegation of Chinese investors and businessmen led by Secretary Communist Party of China Xijiang province, Huang Zhigang met Punjab Chief Minister Muhammad Shahbaz Sharif and expressed interest in investment in the project of setting up indus
Published 22 Mar, 2016 12:00am
Joint sitting passes gas-theft control, recovery bill

Joint sitting passes gas-theft control, recovery bill

A joint sitting of the parliament on Monday passed a Gas-Theft Control and Recovery Bill 2014 with majority, strengthening the law aimed at checking gas theft and pilferage, as well as expediting the recovery process of gas dues. Federal Minister for Petr
Published 22 Mar, 2016 12:00am
Attock Petroleum Limited
Exchange

Attock Petroleum Limited

The Attock Petroleum Limited (PSX: APL) is engaged in the downstream petroleum business of the country, and is part of the only integrated oil and gas group in the country - Attock Oil Group. It was incorporated in 1998.
Published 22 Mar, 2016 12:00am
Attock Petroleum Limited
Exchange

Attock Petroleum Limited

The Attock Petroleum Limited (PSX: APL) is engaged in the downstream petroleum business of the country, and is part of the only integrated oil and gas group in the country - Attock Oil Group. It was incorporated in 1998.
Published 22 Mar, 2016 12:00am
First session of JIC takes place

First session of JIC takes place

Yesterday, a historic milestone was achieved for Media and Advertising Industry in Pakistan when the first session of the Joint Industry Committee (JIC) took place comprising of members from both the representative bodies of broadcasters and advertisers i
Published 22 Mar, 2016 12:00am
Commodore Sarfraz (Retd) new Registrar of SSUET

Commodore Sarfraz (Retd) new Registrar of SSUET

Commodore Syed Sarfraz Ali (Retd) has joined Sir Syed University of Engineering and Technology (SSUET) as Registrar. An announcement here on Monday said that he is a graduate of Electrical Engineering from NED University and did his MS in Electrical Engin
Published 22 Mar, 2016 12:00am
Real size of economy $400 billion, Canadians told
Exchange

Real size of economy $400 billion, Canadians told

The real size of Pakistani economy is $400 billion because 50 percent of it is undocumented, said Managing Director Pakistan Stock Exchange (PSX) Nadeem Naqvi. A country of 190 million, Pakistan's documented economy stands at $270 billion with 40 million
Published 22 Mar, 2016 12:00am
British High Commissioner highlights Karachi's potential
Exchange

British High Commissioner highlights Karachi's potential

The British High Commissioner-designate, Thomas Drew CMG, is visiting Karachi, returning to the city for the first time since he was last here in 2007 and for the first time in his new role. He held meetings with a wide range of people from the worlds of
Published 22 Mar, 2016 12:00am
Another Rangers check-post attacked in Karachi

Another Rangers check-post attacked in Karachi

Yet another Rangers check-post was attacked by unknown men with a cracker bomb in Korangi on Monday, increasing the total number of such attacks to four this month. The incident took place at Korangi No 2-1/2; however, no casualties were reported. The cri
Published 22 Mar, 2016 12:00am
Anees Advocate joins Kamal's camp

Anees Advocate joins Kamal's camp

Mustafa Kamal-led unnamed party on Monday managed to claim one more "wicket" of Mutahhida Qaumi Movement (MQM) after disgruntled Anees Advocate joined former Karachi mayor's camp. "We welcome Anees Advocate Bhai in this 'national convoy'," Kamal told medi
Published 22 Mar, 2016 12:00am
Open tendering inflicts Rs 50 million loss on KP's kitty: FPDA

Open tendering inflicts Rs 50 million loss on KP's kitty: FPDA

Frontier Printers and Publishers Association (FPDA) said on Monday that the controversial policy of PTI government in KP directing Textbook Board authorities to go into open tender system at the country level in the name of "transparency" has inflicted a
Published 22 Mar, 2016 12:00am
Mangroves plantation campaign launched

Mangroves plantation campaign launched

In line with Prime Minister's Vision of "Green Pakistan" "Pakistan Navy - Mangroves Plantation Campaign" was launched in the Coastal Areas of Sindh and Balochistan provinces to mark International day of Forests. Chief of the Naval Staff, Admiral Muhammad
Published 22 Mar, 2016 12:00am
Auto policy: PAAPAM expresses dissatisfaction over some contents

Auto policy: PAAPAM expresses dissatisfaction over some contents

Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has expressed its concerns on certain contents of the auto policy announced after a delay of 4 years. Chairman PAAPAM, Mumshad Ali, said in a statement that the basic objective
Published 22 Mar, 2016 12:00am
IHC seeks comments from federation, CDA Chairman

IHC seeks comments from federation, CDA Chairman

The Islamabad High Court on Monday sought para wise comments from the concerned officials of the federal government on a petition challenging appointment procedure of Chairman Capital Development Authority (CDA) and the civic body' member. After a brief h
Published 22 Mar, 2016 12:00am
APDMA seeks commercial import of used cars

APDMA seeks commercial import of used cars

All Pakistan Motor Dealers Association (APDMA) has urged the government to allow commercial import of used cars. "We are not asking for any reduction in duties despite the fact that substantial duty reduction has once again been approved for the local ass
Published 22 Mar, 2016 12:00am
Aluminium Hydroxide/Alumina Hydrate Customs values on import revised

Aluminium Hydroxide/Alumina Hydrate Customs values on import revised

Directorate General of Customs Valuation Karachi has revised customs values on the import of Aluminium Hydroxide/Alumina Hydrate from India, China, Korea, India, USA, EU and Japan for assessment of duty/taxes. The directorate has superseded Valuation Ruli
Published 22 Mar, 2016 12:00am
JS Bank upgrades its core banking system

JS Bank upgrades its core banking system

JS Bank has upgraded its core banking system to Temenos T24 R14. The bank has been using T24 core banking system for nearly a decade and has successfully moved all of the operations at its head office and branches to the latest version of Temenos flagship
Published 22 Mar, 2016 12:00am
Senate panel discusses contentious Centre-Sindh issues

Senate panel discusses contentious Centre-Sindh issues

Senate Standing Committee on Inter-Provincial Co-ordination has convened a meeting in Karachi for playing its due role as mediator on contentious issues between the federal government and provincial government of Sindh. Senator Mir Kabir Ahmed Mohammad Sh
Published 22 Mar, 2016 12:00am
Railways surpasses Rs 24 billion revenue target

Railways surpasses Rs 24 billion revenue target

Pakistan Railways (PR) surpassed the revenue target of Rs 24 billion for the first three quarters of the current financial year (2015-16) and reduced losses by about one billion rupees, mainly because of inducting new/repaired locomotives and increasing t
Published 22 Mar, 2016 12:00am
Sanofi holds 3rd International Diabetes Conference

Sanofi holds 3rd International Diabetes Conference

Sanofi and Diabetic Association of Pakistan (DAP) recently organised the "Sanofi 3rd International Diabetes Conference" in multiple cities of Pakistan with renowned international speakers from globally recognised centres of academic excellence. The follow
Published 22 Mar, 2016 12:00am
President arrives in Wana

President arrives in Wana

President Mamnoon Hussain arrived on Monday in Wana, headquarters of South Waziristan Agency on a daylong visit and was briefed on the security situation. Governor Khyber Pakhtunkhwa, Iqbal Zafar Jhagra and high ranking officials of the military and Polit
Published 22 Mar, 2016 12:00am
Extension in VTCS deadline: PTAA approaches FBR

Extension in VTCS deadline: PTAA approaches FBR

Pakistan Tax Advisors Association (PTAA) has approached Federal Board of Revenue (FBR) for extension in the date for filing of Income Tax Returns/Wealth Statements fro Tax year 2015 upto March 31, 2016. In a commutation to the FBR here on Monday, Chairman
Published 22 Mar, 2016 12:00am
Dacoits loot over Rs 10 million from bank branch

Dacoits loot over Rs 10 million from bank branch

A group of armed dacoits on Monday looted over Rs 10 million from a bank located in the limits of Sihala police station. A police official said that six armed dacoits entered the National Bank branch located at Rawat and held the whole staff hostage at gu
Published 22 Mar, 2016 12:00am
General John Nicholson calls on CoAS

General John Nicholson calls on CoAS

General John Nicholson, Commander Resolute Support Mission and United States Forces Afghanistan called on Chief of Army Staff (CoAS) General Raheel Sharif on Monday at General Headquarters, on his maiden visit. During the meeting, matters of mutual intere
Published 22 Mar, 2016 12:00am
ISSI roundtable: Pakistan-Afghan cooperation in trade discussed

ISSI roundtable: Pakistan-Afghan cooperation in trade discussed

The Institute of Strategic Studies, Islamabad organised a roundtable discussion on Monday on a report prepared by Dr Mohammad Zubair Khan, former federal minister for commerce titled "Pakistan-Afghanistan Cooperation on Trade: Political Economy Analysis."
Published 22 Mar, 2016 12:00am
World Water Day today

World Water Day today

Water & Sanitation (WatSan) Cell, local government and Rural Development Department Khyber Pakhtunkhwa, Water and Sanitation Services Peshawar (WSSP), WASH Cluster KP and Fata to jointly commemorate "World Water Day" on Tuesday (today) with the theme "Wat
Published 22 Mar, 2016 12:00am
Speakers for stopping terror financing, collection of donations

Speakers for stopping terror financing, collection of donations

Speakers emphasised to stop terror financing and collection of donations in order to dismantle terrorist's organisations in the country. These views were expressed by the participants of a sensitisation session entitled "Think before you donate" organised
Published 22 Mar, 2016 12:00am
Rashid opens photographic expo on Pakistan Movement

Rashid opens photographic expo on Pakistan Movement

International community has recognised Pakistan's efforts in elimination of terrorism for bringing back peace in the region as well as the world, said Pervaiz Rashid, Minister for Information, Broadcasting and National Heritage. The Minister on Monday ina
Published 22 Mar, 2016 12:00am
Number of mobile phone users reach 129.85 million by February-end

Number of mobile phone users reach 129.85 million by February-end

Mobile phone users in Pakistan reached at 129.85 million at the end of February 2016, after five mobile phone companies added a combined user base of 1.8 million customers during the reported month, according to data released by the Pakistan Telecommunica
Published 22 Mar, 2016 12:00am
Death toll rises to 121 in rain-related incidents

Death toll rises to 121 in rain-related incidents

The death toll due to ongoing rain related incidents has reached 121, while 124 people injured and 852 houses were damaged. According to latest data released by the National Disaster Management Authority (NDMA), the current spell of torrential rains and f
Published 22 Mar, 2016 12:00am
Pakistan ratifies 2005 Amendment to CPPNM

Pakistan ratifies 2005 Amendment to CPPNM

Pakistan has ratified the 2005 Amendment to the Convention on the Physical Protection of Nuclear Material (CPPNM). The Instrument of Ratification was signed by President Mamnoon Hussain on the advice of the Prime Minister. Earlier, in its meeting held on
Published 22 Mar, 2016 12:00am
SC dismisses petition against FIA's woman SI's seniority

SC dismisses petition against FIA's woman SI's seniority

Dismissing a plea filed against Federal Investigation Agency's female Sub-Inspector seniority on Monday, the Supreme Court judge Justice Azmat Saeed Sheikh observed that biased approach toward women should not be tolerated in any case. An apex court bench
Published 22 Mar, 2016 12:00am
Minor girl killed, seven hurt as roof caves in

Minor girl killed, seven hurt as roof caves in

A ten-year old girl was killed and seven others of her family members sustained injuries, when roof of two rooms caved in at Khasrogi, Bazaar Zakh Khel area of tehsil Landi Kotal of Khyber Agency on Monday. The political administration official media pers
Published 22 Mar, 2016 12:00am
Obituary

Obituary

The Nishat Hotels and Properties Company has grieved the death of Director Saeed Alvi on Monday morning. He was a retired civil servant from the Pakistan Administrative Service with 36 years of field experience at sub-divisional, district, divisional and
Published 22 Mar, 2016 12:00am
Shujaat phones Musharraf

Shujaat phones Musharraf

PML(Q) President Chaudhry Shujaat Hussein has phoned former ruler Pervez Musharraf to talk about the country's politics and economy. A party spokesman said on Monday the former military ruler had told his party president that he had never gone abroad afte
Published 22 Mar, 2016 12:00am
Exhibition of Neyyar Ehsan's works opens

Exhibition of Neyyar Ehsan's works opens

Exhibition of octogenarian Neyyar Ehsan Rashid's artistic calligraphy titled "Flowers of Devotion" of the names of the holy Prophet (PBUH) opened at Alhamra Art Gallery on the Mall Road here on Monday. The exhibition will remain open from 10.am till 5 pm
Published 22 Mar, 2016 12:00am
Sana says government making efforts towards eliminating 'Thana culture'

Sana says government making efforts towards eliminating 'Thana culture'

Punjab Law Minister Rana Sanaullah Khan has said the Punjab government would eliminate "Thana culture" before the end of current financial year as Patwar culture has been eradicated by computerisation of land record in the Punjab. He was addressing the in
Published 22 Mar, 2016 12:00am
Surgeons share experiences, latest trends in surgery

Surgeons share experiences, latest trends in surgery

Surgeons from home and abroad have shared their experiences and latest trends in surgery at the scientific sessions in connection with the 15th three-day Surgical Conference which got underway at Fatima Jinnah Medical University on Monday. Leading Surgeon
Published 22 Mar, 2016 12:00am
American CG calls on Shahbaz

American CG calls on Shahbaz

American Consul General Zachary Harkenrider met Punjab Chief Minister Muhammad Shahbaz Sharif, here on Monday and discussed matters of mutual interest, bilateral relations and cooperation in different sectors, especially energy sector. The Chief Minister
Published 22 Mar, 2016 12:00am
'Digitalised mineral resources estimation library'

'Digitalised mineral resources estimation library'

The Provincial Minister for Mines and Minerals Sher Ali Khan has said that his government plans to set up "a digitalised mineral resources estimation library". The purpose of the lab is to maintain updated and authentic data of explorations of mines and m
Published 22 Mar, 2016 12:00am
PFA confiscates 1,800 litres of milk

PFA confiscates 1,800 litres of milk

The Punjab Food Authority (PFA) has confiscated 1,800 litres of milk and wasted 278 on the spot during a routine checking of milk-carrying vehicles at different entry points of the city. Teams checked 98 vehicles and also inspected milk-selling points. Th
Published 22 Mar, 2016 12:00am
Condolence

Condolence

The Lahore Economic Journalists Association (LEJA) has grieved over the death of Lahore APP Urdu Service In-charge and Secretary General Ishtiaq Hussain. In a condolence message released on Monday, association President Sudhir Chaudhry and other office-ho
Published 22 Mar, 2016 12:00am
Auto policy to attract new entrants to market: PIAF

Auto policy to attract new entrants to market: PIAF

Pakistan Industrial and Traders Associations Front (PIAF) has welcomed the approval of new automotive policy, hoping the policy will attract new European car makers, as the policy offers tax incentives to new entrants to help them establish manufacturing
Published 22 Mar, 2016 12:00am
Punjab Wildlife forms body

Punjab Wildlife forms body

The Punjab Wildlife and Parks Department has announced a five-member committee of senior department officers to frame a provincial wildlife policy to protect the wildlife in the province. The committee is set to launch a report in a week. The announcement
Published 22 Mar, 2016 12:00am
Four- to five-star hotel planned in Sialkot
Exchange

Four- to five-star hotel planned in Sialkot

Chairman Sialkot International Airport Malik Muhammad Ashraf has said that a comprehensive plan is being finalised for setting up a four to five star hotel and construction of a exhibition hall at airport. Talking to Business Recorder on Monday he
Published 22 Mar, 2016 12:00am
Prospects of Pak-Afghan trade ties discussed

Prospects of Pak-Afghan trade ties discussed

The chairman of the Pakistan Afghanistan Joint Chamber of Commerce and Industry says "if both official and unofficial trade is calculated between Pakistan and Afghanistan, Afghanistan could rank third in the list of Pakistan's trade partners, which is est
Published 22 Mar, 2016 12:00am
Inaugural function of DICE Textile innovation event at NTU
Cotton

Inaugural function of DICE Textile innovation event at NTU

Textile is the mainstay of national economy and on the specific directive of Prime Minister Nawaz Sharif, Ministry of Textile is working on a comprehensive strategy based on value addition to invigorate the entire cotton chain in order to double the texti
Published 22 Mar, 2016 12:00am
CM Punjab for better coordination between NDMA & PDMA

CM Punjab for better coordination between NDMA & PDMA

Punjab Chief Minister Muhammad Shahbaz Sharif stressed on the need for better and effective co-ordination between the National and Provincial Disaster Management Authorities to cope with national calamities. He expressed these views while presiding over a
Published 22 Mar, 2016 12:00am
WAPDA awards Tarbela Switchyard up-gradation contract

WAPDA awards Tarbela Switchyard up-gradation contract

The Pakistan Water and Power Development Authority (WAPDA) signed a contract equivalent to US $25 million with M/s ETERN - CCCE - HEI, a consortium of three Chinese Companies, for up-gradation of the existing Switchyard of Tarbela Hydel Power Station for
Published 22 Mar, 2016 12:00am
Agri-development in Punjab

Agri-development in Punjab

This is apropos 'Agriculture & allied sectors: Shahbaz announces Rs 100bn for development' carried by Business Recorder on Sunday. According to it, the Punjab Chief Minister has announced up to Rs 100 billion exclusively for the development of agri
Published 22 Mar, 2016 12:00am
Money to burn? China firms seek new investors
Exchange

Money to burn? China firms seek new investors

The Guangdong Yixiang Folk Culture Co has a licence to print money - thousands of lookalike US dollars roll off its clattering presses every minute, intended as burnt offerings for the heavenly bank accounts of Chinese ancestors. But in the earthly realm,
Published 22 Mar, 2016 12:00am
It's Never Ending Math Equation
Exchange

It's Never Ending Math Equation

This is apropos finance minister Ishaq Dar's article 'Public debt management' carried by the newspaper on Saturday. Good public debt management contains financial risk. It develops domestic debt market and helps in reducing the borrowing cost. Such an app
Published 22 Mar, 2016 12:00am
Potential that promises a lot
Exchange

Potential that promises a lot

During his first term in office, Iran's President Hassan Rouhani successfully negotiated with the UN and the US the terms whereon Iran agreed not to use its nuclear capability for developing weapons, and the IAEA inspectors verified Iran's commitment. Maj
Published 22 Mar, 2016 12:00am
Time for the MQM to rethink

Time for the MQM to rethink

Despite the recent high profile desertions in it, the MQM managed to stage an impressive show of strength at its Foundation Day events in Karachi and Hyderabad. As usual, its workers and supporters turned up in large numbers to hear the party supremo Alta
Published 22 Mar, 2016 12:00am
Our fuel imports

Our fuel imports

Prime Minister Nawaz Sharif while addressing a joint press conference with the visiting President of Turkmenistan Gurbanguly Berdimuhamedov stated that he wanted early completion of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline on which
Published 22 Mar, 2016 12:00am
Oil up on Cushing crude drawdown; eyes on US output

Oil up on Cushing crude drawdown; eyes on US output

Oil prices rose about 1 percent on Monday after data showed crude inventories at the Cushing, Oklahoma delivery hub for US futures fell for the first time since January, and ahead of the expiration of the US front-month contract. Oil's upside, however, wa
Published 22 Mar, 2016 12:00am
US MIDDAY: wheat jumps

US MIDDAY: wheat jumps

US wheat jumped as much as 1 percent on Monday, led by gains in K.C. hard red winter wheat as extremely cold weather threatened to curb yields in parts of the southern US Plains growing region already suffering from dry conditions. Wheat futures pared ear
Published 22 Mar, 2016 12:00am
US MIDDAY: gold falls
Exchange

US MIDDAY: gold falls

Gold fell on Monday for a third day, with demand for bullion hurt as the dollar arrested three weeks of declines after hawkish comments from US Federal Reserve officials renewed expectations of US interest rate hikes. The dollar rose 0.2 percent against a
Published 22 Mar, 2016 12:00am
MQM Deputy Convener arrested

MQM Deputy Convener arrested

Rangers on Monday arrested Muttahida Qaumi Movement (MQM) Co-ordination Committee's Deputy Convener Shahid Pasha in a predawn raid at his residence in Gulistan-e-Johar here. A paramilitary spokesman said the accused was involved in target killings and oth
Published 22 Mar, 2016 12:00am
MQM Deputy Convener arrested

MQM Deputy Convener arrested

Rangers on Monday arrested Muttahida Qaumi Movement (MQM) Co-ordination Committee's Deputy Convener Shahid Pasha in a predawn raid at his residence in Gulistan-e-Johar here. A paramilitary spokesman said the accused was involved in target killings and oth
Published 22 Mar, 2016 12:00am
CCP approves proposed merger of Mobilink, Warid

CCP approves proposed merger of Mobilink, Warid

The Competition Commission of Pakistan (CCP) has approved the proposed merger of Mobilink and Warid. The merger approval is conditional upon compliance with the remedies imposed by CCP. The bench hearing the matter comprised of Vadiyya Khalil, the Chairpe
Published 22 Mar, 2016 12:00am
CCP approves proposed merger of Mobilink, Warid

CCP approves proposed merger of Mobilink, Warid

The Competition Commission of Pakistan (CCP) has approved the proposed merger of Mobilink and Warid. The merger approval is conditional upon compliance with the remedies imposed by CCP. The bench hearing the matter comprised of Vadiyya Khalil, the Chairpe
Published 22 Mar, 2016 12:00am
The Weather

The Weather

The weather report on Monday (March 21, 2016) and the forecast for Tuesday (March 22, 2016).

Published 22 Mar, 2016 12:00am
CCP approves proposed merger of Mobilink, Warid

CCP approves proposed merger of Mobilink, Warid

The Competition Commission of Pakistan (CCP) has approved the proposed merger of Mobilink and Warid. The merger approval is conditional upon compliance with the remedies imposed by CCP. The bench hearing the matter comprised of Vadiyya Khalil, the Chairpe
Published 22 Mar, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (March 21, 2016).

Published 22 Mar, 2016 12:00am
Importers buy about 45,000 tonnes of DDGS from US

Importers buy about 45,000 tonnes of DDGS from US

Importers have purchased about 45,000 tonnes of distillers'' dried grains with solubles (DDGS) from the United States, European traders said on Monday. DDGS is a by-product of corn ethanol that is used by animal feed producers as a substitute for corn and
Published 22 Mar, 2016 12:00am
Importers buy about 45,000 tonnes of DDGS from US

Importers buy about 45,000 tonnes of DDGS from US

Importers have purchased about 45,000 tonnes of distillers' dried grains with solubles (DDGS) from the United States, European traders said on Monday. DDGS is a by-product of corn ethanol that is used by animal feed producers as a substitute for corn and
Published 22 Mar, 2016 12:00am
Importers buy about 45,000 tonnes of DDGS from US

Importers buy about 45,000 tonnes of DDGS from US

Importers have purchased about 45,000 tonnes of distillers' dried grains with solubles (DDGS) from the United States, European traders said on Monday. DDGS is a by-product of corn ethanol that is used by animal feed producers as a substitute for corn and
Published 22 Mar, 2016 12:00am
Law Ministry opposes 'Contempt of Court Amendment Bill'

Law Ministry opposes 'Contempt of Court Amendment Bill'

The Ministry of Law and Justice has opposed the "Contempt of Court (Amendment) Bill, 2016", moved by Senator Farhatullah Babar to amend the contempt of court Ordinance, 2003. The ministry in his brief document informed the Senate Committee on Law, that th
Published 22 Mar, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (March 21, 2016)

Published 22 Mar, 2016 12:00am
Law Ministry opposes 'Contempt of Court Amendment Bill'

Law Ministry opposes 'Contempt of Court Amendment Bill'

The Ministry of Law and Justice has opposed the "Contempt of Court (Amendment) Bill, 2016", moved by Senator Farhatullah Babar to amend the contempt of court Ordinance, 2003. The ministry in his brief document informed the Senate Committee on Law, that th
Published 22 Mar, 2016 12:00am
Current account balance posts $157 million surplus in February
Exchange

Current account balance posts $157 million surplus in February

The country''s current account balance posted a $157 million surplus in February 2016 supported by lower import bill and higher foreign inflows. Economists said that a surplus current account was a good indication for the economy and would reduce the pres
Published 22 Mar, 2016 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (March 21, 2016).

Published 22 Mar, 2016 12:00am
Current account balance posts $157 million surplus in February
Exchange

Current account balance posts $157 million surplus in February

The country's current account balance posted a $157 million surplus in February 2016 supported by lower import bill and higher foreign inflows. Economists said that a surplus current account was a good indication for the economy and would reduce the press
Published 22 Mar, 2016 12:00am
Current account balance posts $157 million surplus in February
Exchange

Current account balance posts $157 million surplus in February

The country's current account balance posted a $157 million surplus in February 2016 supported by lower import bill and higher foreign inflows. Economists said that a surplus current account was a good indication for the economy and would reduce the press
Published 22 Mar, 2016 12:00am
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