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Print - 2016-03-29
Workshop on conservation of sharks in Pakistan

Workshop on conservation of sharks in Pakistan

WWF-Pakistan in collaboration with Ministry of Climate Change is organising a three-day workshop titled 'Developing conservation and management measures and assessing the vulnerability of sharks to address CITES issues; Endorsing the National Plan of Acti
Published 29 Mar, 2016 12:00am
Electricity: Dar for maximising recoveries

Electricity: Dar for maximising recoveries

Finance Minister, Senator Ishaq Dar Monday emphasised the need for maximising electricity recoveries against billed amounts for the financial viability and improvement of distribution companies. The Minister was chairing a high level meeting to review fin
Published 29 Mar, 2016 12:00am
EFU General Insurance Limited

EFU General Insurance Limited

EFU General (PSX: EFUG) is the largest non-life insurer in the country. It commenced operations before partition in Kolkata as Eastern Federal Union Insurance Company (EFU), making it one of the oldest companies in Pakistan. Later, it was split into separ
Published 29 Mar, 2016 12:00am
EFU General Insurance Limited

EFU General Insurance Limited

EFU General (PSX: EFUG) is the largest non-life insurer in the country. It commenced operations before partition in Kolkata as Eastern Federal Union Insurance Company (EFU), making it one of the oldest companies in Pakistan. Later, it was split into separ
Published 29 Mar, 2016 12:00am
StanChart partners with Turkish Airlines

StanChart partners with Turkish Airlines

Always at the forefront of providing the finest services to its customers, Standard Chartered (Pakistan) Limited aims to provide attractive travel options to its customers. Through this partnership, all Standard Chartered debit and credit card holders can
Published 29 Mar, 2016 12:00am
Parks locked in Lahore after tragic suicide attack

Parks locked in Lahore after tragic suicide attack

The district government locked all the leading parks in the city on Monday after a tragic suicide attack at the Gulshan-e-Iqbal Park on Sunday, leaving 72 dead and over 300 injured. The district government officials said the parks were closed for public e
Published 29 Mar, 2016 12:00am
Nation united to wipe out terrorism: FPCCI

Nation united to wipe out terrorism: FPCCI

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Abdul Rauf Alam on Monday strongly condemned suicide blast at a crowded park that killed around 72 including children and women, while over 300 people were wounded which is yet ano
Published 29 Mar, 2016 12:00am
Businesses, educational institutions remain closed in Lahore
Currency

Businesses, educational institutions remain closed in Lahore

The Punjab capital witnessed complete shutter-down on Monday as all businesses remained closed to protest the park bombing on Sunday evening which left scores of people dead. Police have cordoned off all sensitive locations to avoid any further mishap.
Published 29 Mar, 2016 12:00am
Attack on Sherpao: facilitator held in Charsadda

Attack on Sherpao: facilitator held in Charsadda

Charsadda police on Monday claimed that they have arrested 12 suspects including a wanted terrorist who had allegedly facilitated a suicide attack on Qaumi Wattan Party (QWP) Chairman Aftab Ahmad Khan Sherpao. According to senior police officer, police ca
Published 29 Mar, 2016 12:00am
Over 50 injured in critical condition

Over 50 injured in critical condition

Over 50 of the 370 wounded people in Lahore suicide blast are still reported to be in a critical condition. Police have handed over around 60 bodies to their families after post-mortem. Till Monday morning, 106 people who had received minor injuries were
Published 29 Mar, 2016 12:00am
PIAF, LCCI condemn Lahore park attack

PIAF, LCCI condemn Lahore park attack

The Pakistan Industrial & Traders Associations Front (PIAF) has strongly condemned the ugly act of terrorism in Gulshan Iqbal Park a day earlier and urged the government for more fool proof security. The Association Chairman Irfan Iqbal Sheikh, Senior Vic
Published 29 Mar, 2016 12:00am
Shahbaz expresses grief

Shahbaz expresses grief

Punjab Chief Minister Muhammad Shahbaz Sharif has expressed deep sense of sorrow and grief over the death of a Sikh leader and Chairman Pakistan Sikh Gurdawara Parbandak Committee Sardar Sham Singh at the age of 79 years here on Sunday. In a condolence me
Published 29 Mar, 2016 12:00am
KP cabinet approves Budget Strategic Paper for Fiscal Year 2017

KP cabinet approves Budget Strategic Paper for Fiscal Year 2017

Provincial Cabinet during its meeting here on Monday approved the important document of Budget Strategic Paper for the financial year 2016-17, aiming at to inform all relevant departments regarding financial position, to make the next fiscal budget as per
Published 29 Mar, 2016 12:00am
Two border points to facilitate Pak-Iran trade: decision hailed

Two border points to facilitate Pak-Iran trade: decision hailed

President Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has lauded decision to open two more border points at Pak-Iran border, which will facilitate trade, reduce transportation and business cost and help grow economy of Balochist
Published 29 Mar, 2016 12:00am
Imran for depoliticising police department

Imran for depoliticising police department

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan while talking to the media on Monday stated that in order to improve the current situation faced by the country, there is a need to depoliticise the police department. Khan visited the Jinnah Hospital whe
Published 29 Mar, 2016 12:00am
Haroon praises OICCI's budget proposals
Exchange

Haroon praises OICCI's budget proposals

Haroon Akhtar, Special Advisor for Revenue to the Prime Minister, expressed appreciation on the detailed Overseas Investor Chamber of Commerce and Industry (OICCI) taxation proposals for the 2016-17 Federal Budget, which are supported by research, giving
Published 29 Mar, 2016 12:00am
APBF condemns Lahore suicide blast

APBF condemns Lahore suicide blast

The All Pakistan Business Forum (APBF) has strongly condemned the brutal bomb attack in Gulshan-e-Iqbal Park, Allama Iqbal Town, Lahore. The suicide attack has already killed over 70 people and left more than 250 people injured. APBF President Ibrahim Qur
Published 29 Mar, 2016 12:00am
CAREEM celebrates spirit of Pakistan Day

CAREEM celebrates spirit of Pakistan Day

CAREEM, Pakistan's leading app for booking chauffeur driven cars, conducted a scavenger hunt for public of Karachi and Lahore in celebration of Pakistan Day. Themed around photography of local cultural & historic sites, the hunt saw participants, based on
Published 29 Mar, 2016 12:00am
Bank AL Habib Limited declares 35 percent cash dividend

Bank AL Habib Limited declares 35 percent cash dividend

The Annual General Meeting of Bank AL Habib Limited was held at its registered office in Multan on March 28. The shareholders approved the Annual Accounts for the year ended December 31, 2015. The payment of 35 percent Cash Dividend (Final) was also appro
Published 29 Mar, 2016 12:00am
Bank AL Habib Limited declares 35 percent cash dividend

Bank AL Habib Limited declares 35 percent cash dividend

The Annual General Meeting of Bank AL Habib Limited was held at its registered office in Multan on March 28. The shareholders approved the Annual Accounts for the year ended December 31, 2015. The payment of 35 percent Cash Dividend (Final) was also appro
Published 29 Mar, 2016 12:00am
Sit-in by religious groups badly affect business

Sit-in by religious groups badly affect business

Religious parties' ongoing sit-in at Old Exhibition traffic intersection on Monday badly affected business activities in the city's downtown markets. According to traders, business activities in the city on Monday declined 60 per cent in the wake of the p
Published 29 Mar, 2016 12:00am
MPhil, MS & PhD seminars held at SU today

MPhil, MS & PhD seminars held at SU today

Dean Faculty of Natural Sciences University of Sindh has announced that First MPhil Seminar of the scholar Fida Ahmed and second PhD seminar of Aiman of Zoology, First MPhil seminar scholar of Samreen Shah of Microbiology will be held on Tuesday at 10 am,
Published 29 Mar, 2016 12:00am
Romanian ambassador meets APTMA chief

Romanian ambassador meets APTMA chief

Tariq Saud, Chairman APTMA thanked Ambassador of Romania Emilian Ion for providing the support and sincere struggles of his country at the European Union due to which Pakistan achieved the status of GSP+ in 2014 and hoped that by this special market acces
Published 29 Mar, 2016 12:00am
Life remains paralysed in Capital

Life remains paralysed in Capital

Daily routines of citizens of the federal capital on Monday remained disrupted due to a sit-in staged by Sunni Tehreek (ST) and Tehreek-i-Labbaik Ya Rasool Allah (SAW) leadership against the hanging of former police bodyguard Mumtaz Qadri, who killed ex-P
Published 29 Mar, 2016 12:00am
FC arrests 11 Uzbeks, extremist in Nushki

FC arrests 11 Uzbeks, extremist in Nushki

The Frontier Corps (FC) arrested 11 foreigners and an extremist during search operations here on Monday. Spokesman of FC said that the paramilitary troops conducted search operation in different localities of district Nushki of Balochistan. During operati
Published 29 Mar, 2016 12:00am
DG Rangers, chief minister Sindh discuss security situation

DG Rangers, chief minister Sindh discuss security situation

Director General (DG) Sindh Rangers Major General Bilal Akbar called on Chief Minister Sindh, Syed Qaim Ali Shah here on Monday and discussed security related issues with him. Sources said that during meeting of DG Rangers Bilal Akbar with CM Sindh Qaim A
Published 29 Mar, 2016 12:00am
City's surveillance system: IGP forms body to conduct operational audit

City's surveillance system: IGP forms body to conduct operational audit

Inspector General of Police (IGP) Sindh A.D Khwaja has formed a five member committee to conduct operational audit of the city's surveillance system. In a meeting with his subordinates at the Central Police Office (CPO) on Monday, he directed the committe
Published 29 Mar, 2016 12:00am
Meezan Bank holds Shariah Supervisory Board meeting

Meezan Bank holds Shariah Supervisory Board meeting

The 26th full quorum Shariah Supervisory Board meeting of Meezan Bank was held on 19th March 2016 at Jamia Dar-ul-Uloom, Korangi, Karachi. The meeting was chaired by former Justice Muhammad Taqi Usmani. Other members of the Shariah Board include Sheikh Es
Published 29 Mar, 2016 12:00am
Shale oil/gas in Sindh: pilot exploration project gets delayed

Shale oil/gas in Sindh: pilot exploration project gets delayed

The pilot project started by state owned Exploration and Production (E&P) companies to explore shale oil/gas in Sindh has been delayed due to technical reasons, officials said. According to sources in the Ministry of Petroleum and Natural Resources, Oil a
Published 29 Mar, 2016 12:00am
Nisar annoyed over violence, destruction in twin cities

Nisar annoyed over violence, destruction in twin cities

Interior Minister Chaudhry Nisar Ali Khan on Monday admonished high-ups of district administration of twin cities for taking inadequate measures to prevent pro-Qadri supporters from entering in metropolis, especially in Red Zone. An official source said t
Published 29 Mar, 2016 12:00am
Tax collection: FBR field offices to observe extended working hours

Tax collection: FBR field offices to observe extended working hours

The Federal Board of Revenue (FBR) has announced that all field offices will remain open and observe extended working hours, ie, 9am to 8pm on Wednesday (March 30) and 9am to 10pm on Thursday (March 31) for collection of duty/taxes. In this regard, the FB
Published 29 Mar, 2016 12:00am
Lahore attack: Ashraf Ghani phones Prime Minister

Lahore attack: Ashraf Ghani phones Prime Minister

Afghan President Ashraf Ghani Monday telephoned Prime Minister Muhammad Nawaz Sharif and condoled the loss of lives in Sunday's terrorist attack in Lahore. According to a PM House statement, the Afghan President condemned the cowardly act of terrorists. P
Published 29 Mar, 2016 12:00am
Putin sends condolences

Putin sends condolences

Vladimir Putin has sent his condolences to President of Pakistan Mamnoon Hussain and Prime Minister of Pakistan Nawaz Sharif following the tragedy in Lahore, where dozens of innocent people were killed, most of them women and children. Putin stressed that
Published 29 Mar, 2016 12:00am
The Weather

The Weather

The weather report on Monday (March 28, 2016) and the forecast for Tuesday (March 29, 2016).

Published 29 Mar, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (March 28, 2016).

Published 29 Mar, 2016 12:00am
MQM to support RTI bill in Sindh Assembly, Sattar tells CPNE

MQM to support RTI bill in Sindh Assembly, Sattar tells CPNE

Muttahida Qaumi Movement's (MQM) leader MNA Dr Farooq Sattar has announced to support the Council of Pakistan Newspapers Editors (CPNE) in their struggle for right to information (RTI) legislation in Sindh Assembly. Dr Sattar offered the unconditional sup
Published 29 Mar, 2016 12:00am
Prime Minister asks provinces to speed up IBOs

Prime Minister asks provinces to speed up IBOs

The premier has called for improved co-ordination among law enforcers and intelligence agencies and swifter actions in anti-terror war, a day after a suicide bomb killed more than 70 in Lahore. The army claims a number of arrests were reportedly made and
Published 29 Mar, 2016 12:00am
Parks closed down in Multan over security concerns

Parks closed down in Multan over security concerns

Following Lahore attack in a park, all the parks in Multan city have been closed on Monday in the wake of security concerns. According to details, the district administration held an important session regarding security arrangements in the city. During th
Published 29 Mar, 2016 12:00am
Lawyers stage strike against Lahore carnage

Lawyers stage strike against Lahore carnage

Lawyers on Monday staged a strike and mourned the Sunday bombing dead in the Gulshan-i-Iqbal Park. Black flags were hoisted at bar premises and national flags were at half mast while the lawyers wore black armbands. Judges put off their work and protest m
Published 29 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 28, 2016)

Published 29 Mar, 2016 12:00am
LHC delays hearing of petition against MQM

LHC delays hearing of petition against MQM

A full bench of the Lahore High Court has delayed until April 18 the hearing of a petition since the counsel of the Muttahida Qaumi Movement Chief wants more time to present his arguments in the case. The court has also adjourned a contempt petition again
Published 29 Mar, 2016 12:00am
KP increases professional tax

KP increases professional tax

The provincial government of Khyber Pakhtunkhwa Monday decided to increase professional tax from Rs 0.1 million to Rs 0.5 million and making of categories to implement on different people. The decision was taken in a meeting of the provincial cabinet met
Published 29 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 28, 2016).

Published 29 Mar, 2016 12:00am
Sec 489-F of PPC: Amendment to law on dud cheques proposed

Sec 489-F of PPC: Amendment to law on dud cheques proposed

Saalim Salam Ansari Advocate Supreme Court of Pakistan Monday suggested amendment to the law to remove ambiguity in the section 489-F of Pakistan Panel Code (PPC). Saalim was delivering a lecture on "Dishonoured Cheques - Civil and Criminal Remedies under
Published 29 Mar, 2016 12:00am
Import of used cars costs country 143,000 jobs
Exchange

Import of used cars costs country 143,000 jobs

Import of used cars has resulted in the loss of 1,43,000 skilled jobs in Pakistan that has led to discouragement for new players and investment in auto sector. Former Chairman PAAPAM Aamir Allawala while briefing journalists at a workshop said that the po
Published 29 Mar, 2016 12:00am
Soneri Bank declares Rs 2.21 billion after tax profit

Soneri Bank declares Rs 2.21 billion after tax profit

The annual financial statements of Soneri Bank Limited for the year ended 31 December 2015 were approved by the shareholders of the Bank in its 24th AGM held on Friday. The meeting was chaired by Alauddin Feerasta, Chairman of the Bank. Bank declared Rs 2
Published 29 Mar, 2016 12:00am
Soneri Bank declares Rs 2.21 billion after tax profit

Soneri Bank declares Rs 2.21 billion after tax profit

The annual financial statements of Soneri Bank Limited for the year ended 31 December 2015 were approved by the shareholders of the Bank in its 24th AGM held on Friday. The meeting was chaired by Alauddin Feerasta, Chairman of the Bank. Bank declared Rs 2
Published 29 Mar, 2016 12:00am
IESCO shutdown notice
Exchange

IESCO shutdown notice

According to IESCO Spokesman, Due to electricity maintena-nce/development work the Power supply of the following Feeders / Grid Stations would remain suspended as under:
Published 29 Mar, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 28, 2016).

Published 29 Mar, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 28, 2016).

Published 29 Mar, 2016 12:00am
'LACAS Mein Kuch Khaas' event from April 2

'LACAS Mein Kuch Khaas' event from April 2

LACAS schools in collaboration with Kuch Khaas Islamabad will be launching a joint initiative by the name of "LACAS Mein Kuch Khaas". The event will take place on April 02, and aims to provide the attendees with a glimpse of how the new venture hopes to a
Published 29 Mar, 2016 12:00am
Qadri supports operation in South Punjab

Qadri supports operation in South Punjab

"It is a good omen that operation has been started against terrorists in the South of Punjab and the scope of this operation should be extended to the whole of the province and we support it," said Dr Tahirul Qadri, the Chairman of the Pakistan Awami Ther
Published 29 Mar, 2016 12:00am
THE RUPEE: rates slips
Currency

THE RUPEE: rates slips

The rupee depreciated slightly against the dollar on the money market on Monday in the process of trade, dealers said. The rupee managed to hold week-end levels in relation to the dollar for buying and selling at Rs 104.73 and Rs 104.75 respectively, they
Published 29 Mar, 2016 12:00am
US, UK issue travel advisories to their citizens

US, UK issue travel advisories to their citizens

United States and United Kingdom have issued travel advisories to their citizens in wake of deadly terrorist attack in Lahore that claimed 70 lives in Lahore and protest demonstration by a religious group in Islamabad. The US Embassy in Islamabad updated
Published 29 Mar, 2016 12:00am
THE RUPEE: rates slips
Currency

THE RUPEE: rates slips

The rupee depreciated slightly against the dollar on the money market on Monday in the process of trade, dealers said. The rupee managed to hold week-end levels in relation to the dollar for buying and selling at Rs 104.73 and Rs 104.75 respectively, they
Published 29 Mar, 2016 12:00am
LHC urged to launch NAP in Punjab

LHC urged to launch NAP in Punjab

Judicial Activism Panel Chairman Azhar Siddique and Civil Society Network President Abdullah Malik have appealed to the Lahore High Court to start National Action Plan in Punjab immediately. They made this appeal on a petition in the wake of Sunday's dead
Published 29 Mar, 2016 12:00am
Over 1 million attend 'My Karachi' exhibition: KCCI chief

Over 1 million attend 'My Karachi' exhibition: KCCI chief

The three-day "My Karachi - Oasis of Harmony Exhibition", organised by Karachi Chamber of Commerce and Industry (KCCI) at Expo Centre, was visited by as many as one million people. Speaking at a news conference, KCCI president Younus Bashir said that the
Published 29 Mar, 2016 12:00am
India not sharing key Pathankot data with Pakistani JIT

India not sharing key Pathankot data with Pakistani JIT

Indian officials are "not responding positively" to demands for factual data the five-member Pakistani Joint Investigation Team (JIT) requires for the furtherance of investigation into the said Pathankot airbase attack. Comprising Punjab counter-terrorism
Published 29 Mar, 2016 12:00am
Easter celebrations: TCKP arranges safari train tour for Christians

Easter celebrations: TCKP arranges safari train tour for Christians

Tourism Corporation Khyber Pakhtunkhwa in collaboration with Pakistan Railways (PR) organised a day-long safari train tour from Peshawar to Attock Khurd for Christians. The safari train tour was enjoyed by a large number of Christian families along with m
Published 29 Mar, 2016 12:00am
Auqaf land still under illegal Occupation

Auqaf land still under illegal Occupation

Provincial Minister for Auqaf and Religious Affairs Haji Habib-ur-Rehman has admitted that precious property of 3669 kanal and 15 marla in district Mansehra had been occupied illegally due to lack of cooperation by district administration. He said this re
Published 29 Mar, 2016 12:00am
War against terrorism being fought on various fronts: Hamza

War against terrorism being fought on various fronts: Hamza

Central leader of PML-N, Hamza Shahbaz has said the war against terrorism is being fought on different fronts and the whole nation is standing behind the government and security forces, the menace of terrorism will be rooted out at any cost. He was talkin
Published 29 Mar, 2016 12:00am
Brazil can help overcome energy crisis: Ambassador
Exchange

Brazil can help overcome energy crisis: Ambassador

Brazil's Ambassador to Pakistan Claudio Raja Gabaglia Lins Monday said his country could provide assistance in renewable energy sector, especially in wind power, solar and coal to resolve the issue of energy crisis. He was talking to Acting President of R
Published 29 Mar, 2016 12:00am
Ties with Pakistan being strengthened: Brunei HC

Ties with Pakistan being strengthened: Brunei HC

High Commissioner of Brunei Dato Mahmud Saidin has stressed on the need to pace up efforts for the cause of food security. Inaugurating the fourth Lyallpur Art and Literature Festival at University of Agriculture Faisalabad he said that the main productio
Published 29 Mar, 2016 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 29 Mar, 2016 12:00am
Rangers be allowed to conduct operation in Punjab: Shujaat

Rangers be allowed to conduct operation in Punjab: Shujaat

PML-Q President Chaudhry Shujaat Hussain has demanded that the Rangers should be empowered for conducting operation throughout Punjab to arrest terrorists and their facilitators. He said that circumstances have changed after the plan was enforced in Sindh
Published 29 Mar, 2016 12:00am
Smuggling: Customs, others to carry out operation
Exchange

Smuggling: Customs, others to carry out operation

Customs authorities and Motorway Police Islamabad Monday decided to carry out joint operations to curb the menace of smuggling from the Motorways by setting up contact points on M1 and M2 range of motorways. It is reliably learnt that a senior level meeti
Published 29 Mar, 2016 12:00am
Wattoo visits victims of Lahore blast

Wattoo visits victims of Lahore blast

The Pakistan Peoples' Party Punjab President Manzoor Ahmed Wattoo visited the victims of the Lahore blast at the Jinnah Hospital and inquired about their health. He also conveyed well wishes of the party chairman Bilawal Bhutto and the president PPPP Asif
Published 29 Mar, 2016 12:00am
AIDP aims at providing cheap financing for small cars

AIDP aims at providing cheap financing for small cars

Auto Industry Development Programme (AIDP) 2015-2019 is aimed at bridging the gap between small cars and motorcycles by providing cheap financing for small cars. According to a research study on auto sector conducted by Institute of Development and Econom
Published 29 Mar, 2016 12:00am
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