AGL 40.00 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.00 Decreased By ▼ -0.99 (-0.77%)
BOP 6.68 Increased By ▲ 0.08 (1.21%)
CNERGY 4.49 Decreased By ▼ -0.11 (-2.39%)
DCL 8.60 Increased By ▲ 0.12 (1.42%)
DFML 41.30 Decreased By ▼ -0.18 (-0.43%)
DGKC 86.71 Increased By ▲ 0.13 (0.15%)
FCCL 32.16 Increased By ▲ 0.02 (0.06%)
FFBL 64.70 Decreased By ▼ -0.72 (-1.1%)
FFL 10.29 Increased By ▲ 0.04 (0.39%)
HUBC 109.51 Decreased By ▼ -0.98 (-0.89%)
HUMNL 14.90 Increased By ▲ 0.15 (1.02%)
KEL 5.05 Decreased By ▼ -0.08 (-1.56%)
KOSM 7.40 Increased By ▲ 0.28 (3.93%)
MLCF 41.39 Decreased By ▼ -0.26 (-0.62%)
NBP 60.60 Increased By ▲ 0.51 (0.85%)
OGDC 190.00 Decreased By ▼ -4.69 (-2.41%)
PAEL 27.81 Decreased By ▼ -0.14 (-0.5%)
PIBTL 7.75 Decreased By ▼ -0.25 (-3.13%)
PPL 149.75 Decreased By ▼ -1.42 (-0.94%)
PRL 26.73 Decreased By ▼ -0.15 (-0.56%)
PTC 16.18 Increased By ▲ 0.18 (1.13%)
SEARL 86.02 Increased By ▲ 7.82 (10%)
TELE 7.72 Increased By ▲ 0.33 (4.47%)
TOMCL 35.58 Decreased By ▼ -0.09 (-0.25%)
TPLP 8.14 Increased By ▲ 0.23 (2.91%)
TREET 16.51 Increased By ▲ 0.62 (3.9%)
TRG 53.35 Increased By ▲ 0.59 (1.12%)
UNITY 26.28 Decreased By ▼ -0.27 (-1.02%)
WTL 1.26 Decreased By ▼ -0.01 (-0.79%)
BR100 9,889 Decreased By -31.1 (-0.31%)
BR30 30,611 Decreased By -140.9 (-0.46%)
KSE100 93,355 Increased By 130.9 (0.14%)
KSE30 28,931 Increased By 46 (0.16%)
Nov 13, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-05-19
After long delay, IMF review agrees new funds for Ukraine

After long delay, IMF review agrees new funds for Ukraine

An International Monetary Fund team has agreed to the release of $1.6 billion in fresh funds to Ukraine after a long delay marked by government turmoil and persistent problems with corruption. The IMF said Wednesday that Ukraine "has made considerable pro
Published 19 May, 2016 12:00am
Chibok girl rescue raises hopes for others held by Boko Haram

Chibok girl rescue raises hopes for others held by Boko Haram

One of 219 schoolgirls held hostage by Boko Haram for more than two years has been found, the military and activists said Wednesday, the first rescue that has raised hopes for those still being held. Amina Ali was discovered on Tuesday in the Sambisa Fore
Published 19 May, 2016 12:00am
Four Turkish soldiers killed in new PKK attack

Four Turkish soldiers killed in new PKK attack

Four Turkish soldiers were killed and nine others were wounded on Wednesday in an attack on a military convoy blamed on Kurdistan Workers Party (PKK) militants, the army said. The military convoy was travelling on the road between Semdinli and Aktutun in
Published 19 May, 2016 12:00am
Yemen Prime Minister rejects rebel-proposed unity government

Yemen Prime Minister rejects rebel-proposed unity government

Yemen's Prime Minister Ahmed bin Dagher on Wednesday rejected a unity government proposed by Iran-backed rebels whom he accused of bringing the country's economy to the brink of collapse. At a cabinet meeting in the Saudi capital, Dagher insisted that the
Published 19 May, 2016 12:00am
Nato says all should avoid new arms race

Nato says all should avoid new arms race

Nato chief Jens Stoltenberg on Wednesday called for avoiding a new arms race, as the US-led alliance pushes ahead with its biggest military revamp since the Cold War to counter a more assertive Russia. Russian intervention in Ukraine and its 2014 annexati
Published 19 May, 2016 12:00am
Kerry meets Sisi as Egypt seeks Middle East peace role

Kerry meets Sisi as Egypt seeks Middle East peace role

US Secretary of State John Kerry met in Cairo on Wednesday with President Abdel Fattah al-Sisi, after Egypt called for a renewal of the Middle East peace process. Even before Sisi raised the issue, Kerry had planned a visit to discuss the Libya and Syria
Published 19 May, 2016 12:00am
France hit by rail strike, demonstration by weary police

France hit by rail strike, demonstration by weary police

Strikes by French railway and port workers halved train services and prompted cancellation of ferry links to Britain on Wednesday as labour unions sought to force President Francois Hollande's government into retreat on labour law reforms. After weeks of
Published 19 May, 2016 12:00am
Cyber attackers target US presidential campaigns

Cyber attackers target US presidential campaigns

Cyber attackers are targeting the campaigns of Democratic and Republican presidential contenders, US Director of National Intelligence James Clapper said Wednesday. "We already have some indications of that," he said during a cyber-security discussion at
Published 19 May, 2016 12:00am
Clinton scrapes out a win in Kentucky, Sanders troubles remain

Clinton scrapes out a win in Kentucky, Sanders troubles remain

Hillary Clinton has scraped out a narrow victory in Kentucky's Democratic primary, but rival Bernie Sanders scored a win in Oregon, dragging down her race for the White House. The mixed outcomes of Tuesday's primaries highlighted Clinton's difficulties in
Published 19 May, 2016 12:00am
Crimean Tatars mark Stalin deportations despite Russia ban

Crimean Tatars mark Stalin deportations despite Russia ban

Defying a Russian ban, hundreds of Crimean Tatars on Wednesday commemorated the Stalin-era deportation of their relatives from the Black Sea peninsula 72 years ago. The commemorations took place just days after Crimean Tatar singer Jamala won the Eurovisi
Published 19 May, 2016 12:00am
Sri Lanka president flies to flood-hit area, toll hits 37

Sri Lanka president flies to flood-hit area, toll hits 37

Sri Lanka's president mourned the island's "devastating loss" Wednesday as the death toll from three days of torrential rain and landslides rose to 37, with more than 150 missing and rescuers still pulling bodies from the mud. President Maithripala Sirise
Published 19 May, 2016 12:00am
Israel successfully tests missile defence system at sea: army

Israel successfully tests missile defence system at sea: army

Israel has successfully tested a maritime missile interception system dubbed the Iron Dome of the Sea, the military announced on Wednesday. The system, which the military said can shoot down short-range rockets similar to those fired from Gaza, successful
Published 19 May, 2016 12:00am
Mehsud Scouts Passing-out parade held in Bara after 10 years

Mehsud Scouts Passing-out parade held in Bara after 10 years

A passing-out parade of Mehsud Scouts was held in Khyber Agency's Tehsil Bara after 10 years on Wednesday. According to details, as many as 261 cadets participated in the parade which was deferred for 10 years due to security situation in the region. Duri
Published 19 May, 2016 12:00am
Maleeha concerned at India's claim over AJK

Maleeha concerned at India's claim over AJK

Indian tactics to depict Azad Jammu and Kashmir (AJK) as part of India cannot change the fundamental fact that the state is "disputed territory", Pakistan's Ambassador to the United Nations (UN) Dr Maleeha Lodhi said on Wednesday. She was referring to a c
Published 19 May, 2016 12:00am
Quality of democracy improved in 2015: Pildat

Quality of democracy improved in 2015: Pildat

According to Pakistan Institute of Legislative Development and Transparency (PILDAT)'s report, the quality of democracy in Pakistan in 2015 has seen an improvement. However, except for holding of Local Government elections across all provinces of Pakistan
Published 19 May, 2016 12:00am
ATC allows police to investigate Uzair in Pappu murder case

ATC allows police to investigate Uzair in Pappu murder case

An Anti-Terrorism Court (ATC) on Wednesday allowed the police to investigate ringleader of Lyari Gang War Uzair Baloch in the murder case of his arch-rival Arshad Pappu and two others. Former chief of banned Peoples Aman Committee was in jail in a case pe
Published 19 May, 2016 12:00am
JCP recommends confirmation of Justice Athar Minallah

JCP recommends confirmation of Justice Athar Minallah

The Judicial Commission of Pakistan (JCP) on Wednesday recommended name of Justice Athar Minallah for permanent appointment as judge of the Islamabad High Court. The Judicial Commission met here with Chief Justice of Pakistan Anwar Zaheer Jamali in the ch
Published 19 May, 2016 12:00am
Masood Textile Mills Limited
Cotton

Masood Textile Mills Limited

One of the big names in textile composites, Masood Textile Mills Limited (PSX: MSOT) happens to be an enormous exporter of finished products from Pakistan. The firm has a market capitalisation of over Rs 10.4 billion. Masood Textile operates in three segm
Published 19 May, 2016 12:00am
Masood Textile Mills Limited
Cotton

Masood Textile Mills Limited

One of the big names in textile composites, Masood Textile Mills Limited (PSX: MSOT) happens to be an enormous exporter of finished products from Pakistan. The firm has a market capitalisation of over Rs 10.4 billion. Masood Textile operates in three segm
Published 19 May, 2016 12:00am
So-called freedom fight damaged Balochistan: Zehri

So-called freedom fight damaged Balochistan: Zehri

Chief Minister Nawab Sanaullah Khan Zehri has said that so-called freedom fight misguided our youth and damaged the interests and development process of Balochistan. He was addressing a ceremony here on Wednesday which was also attended by Commander South
Published 19 May, 2016 12:00am
K-Electric's clarification

K-Electric's clarification

K-Electric has issued a statement categorically denying claims being made of an 18-hour outage at JPMC. While putting the fact on ground that K-Electric and JPMC are both good organisations serving the people of Karachi under a challenging environment. Th
Published 19 May, 2016 12:00am
Co-accused gets protective bail

Co-accused gets protective bail

The Sindh High Court (SHC) on Wednesday granted protective pre-arrest bail to Abdul Hameed, nominated in Rs 462.5billion corruption reference filed by National Accountability Bureau (NAB) against PPP leader and former petroleum minister Dr Asim Hussain, t
Published 19 May, 2016 12:00am
PIA operates 297 flights for Umra in six months

PIA operates 297 flights for Umra in six months

Pakistan International Airlines (PIA) on Wednesday claimed to have operated 297 extra sections for Umra in addition to its routine scheduled flights. According to PIA official, around 89,634 passengers have travelled on these special flights. He said that
Published 19 May, 2016 12:00am
June-July 2016: Sindh government set to place complete ban on fishing

June-July 2016: Sindh government set to place complete ban on fishing

The Sindh government is all set to place a strict and complete ban on fishing during June and July this year to protect the falling fish and shrimp stocks. Fishery officials said on Wednesday that Pakistan continued to suffer a seafood export decline due
Published 19 May, 2016 12:00am
Shaheen Air announces Hajj policy

Shaheen Air announces Hajj policy

Shaheen Air International issued a statement announcing its Hajj policy for the year 2016 (1437 H). The company has announced that it would be uplifting 28,000 Hujaj from Karachi, Lahore, Islamabad, Peshawar, Multan & Faisalabad respectively by operating
Published 19 May, 2016 12:00am
Extremely hot, dry weather forecast

Extremely hot, dry weather forecast

The Met Office on Wednesday forecast very hot and dry weather for the country in the next 24 hours, as most parts of Sindh continued to sizzle with scorching temperature.
Published 19 May, 2016 12:00am
PBIF chief concerned over decline in home remittances

PBIF chief concerned over decline in home remittances

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain while expressing concern over deteriorating home remittances which is a major source of foreign exchange, has asked the government to counterbalance the negative impact of f
Published 19 May, 2016 12:00am
Knowledge-based economy a must for development: Dr Atta

Knowledge-based economy a must for development: Dr Atta

Speakers at the conference entitled "Rethinking & Reimagining - The Capabilities of Pakistan" explored possibilities of rethinking and reimagining the capabilities of Pakistan with the objective of highlighting the importance of learning and development o
Published 19 May, 2016 12:00am
PPL donates Rs 3.2 million to PAD

PPL donates Rs 3.2 million to PAD

Pakistan Petroleum Limited (PPL) donated Rs 3.24 million towards construction of the Centre of Excellence for Deaf (CED) being established by Pakistan Association of the Deaf (PAD) in Korangi Industrial Area. MD and CEO PPL Syed Wamiq Bokhari presented th
Published 19 May, 2016 12:00am
NBF holds three-day book fair

NBF holds three-day book fair

A three-day book fair of National Book Foundation (NBF) was inaugurated at University of Engineering and Technology, Peshawar. Dean Faculty of Engineering, Professor Dr Noor Muhammad inaugurated the event. Regional Director NBF Murad Ali, Treasurer UET Pe
Published 19 May, 2016 12:00am
New poverty survey will be transparent: Marvi

New poverty survey will be transparent: Marvi

The performance of the present government would make PML (N) win the next elections. Confused opposition should concentrate on public service in their respective areas of power rather than mudslinging. This was stated by Minister of State and Chairperson
Published 19 May, 2016 12:00am
Energy policy dialogue on CPEC concludes

Energy policy dialogue on CPEC concludes

A two-day "Energy Policy Dialogue in context with China-Pakistan Economic Corridor" (CPEC) organised by US-Pakistan Centre for Advanced Studies in Energy, (USPCAS-E). University of Engineering and Technology (UET) Peshawar concluded on Wednesday. The obje
Published 19 May, 2016 12:00am
Ministry against levying of GST, GIDC on urea

Ministry against levying of GST, GIDC on urea

The Ministry of National Food Security and Research (MNFS&R) has proposed not to levy General Sales Tax (GST) and Gas Infrastructure Development Cess (GIDC) on urea in the budget 2016-17 to be announced on June 3 with the objective of reducing farm input
Published 19 May, 2016 12:00am
Ministry against levying of GST, GIDC on urea

Ministry against levying of GST, GIDC on urea

The Ministry of National Food Security and Research (MNFS&R) has proposed not to levy General Sales Tax (GST) and Gas Infrastructure Development Cess (GIDC) on urea in the budget 2016-17 to be announced on June 3 with the objective of reducing farm input
Published 19 May, 2016 12:00am
MBBS exams schedule

MBBS exams schedule

The University of Health Sciences has announced this year's MBBS examination calendar. A notification on Wednesday said that the first professional annual exams for all affiliated medical colleges will begin on September 27 while the second one on October
Published 19 May, 2016 12:00am
Italian ambassador calls on Bosan

Italian ambassador calls on Bosan

Italian Ambassador to Pakistan Stefano Pontecorvo along with Italian Agricultural and olive experts, called on Federal Minister for National food security and research, Sikandar Hayat Khan Bosan here in Islamabad today. Bilateral trade volume between Paki
Published 19 May, 2016 12:00am
Prime Minister pays tribute to martyred Captain Asfandyar

Prime Minister pays tribute to martyred Captain Asfandyar

Prime Minister Muhammad Nawaz Sharif on Wednesday said the valiant soldiers of Pakistan Army had always rendered invaluable sacrifices for the nation and would also succeed in the war against terrorism. Talking to Dr Fayyaz Bukhari, father of Captain Asfa
Published 19 May, 2016 12:00am
Cotton production may witness further decline next year
Cotton

Cotton production may witness further decline next year

The cotton production in Pakistan may witness further decline next year as cultivation of the crop in the largest cotton producing province Punjab has declined by 28 percent in the current season. While speaking at the Senate Standing Committee on Nationa
Published 19 May, 2016 12:00am
Prime Minister to administer oath to members of GB Council

Prime Minister to administer oath to members of GB Council

Prime Minister Muhammad Nawaz Sharif will administer Oath of office to the newly elected members of the Gilgit Baltistan Council on Thursday. The Prime Minister will also perform the ground breaking of Pakistan-China Optical Fiber Cable Project in Gilgit,
Published 19 May, 2016 12:00am
Twin IED blasts kill policeman

Twin IED blasts kill policeman

A policeman was killed and 19 others sustained injuries on Wednesday in twin roadside bomb blasts in Peshawar's Mathra area. According to details, the first bomb planted on a roadside exploded when a police petrol vehicle passed in Aslam Dheri neighbourho
Published 19 May, 2016 12:00am
SU observes world museum day

SU observes world museum day

Institute of Sindhology, University of Sindh has organised a seminar at its premises to mark and be a part of "International Museum Day" across the world. The seminar was presided over by illustrious Sindhi writer and intellectual Shoukat Hussain Shoro, P
Published 19 May, 2016 12:00am
Cigarette industry: FBR considering Bangladesh tax stamp model

Cigarette industry: FBR considering Bangladesh tax stamp model

One of the options available to the Federal Board of Revenue (FBR) to curtail tax evasion in the cigarette industry is by considering the successful solution of tax stamps. Industry sources told Business Recorder here on Wednesday that with the bud
Published 19 May, 2016 12:00am
Cigarette industry: FBR considering Bangladesh tax stamp model

Cigarette industry: FBR considering Bangladesh tax stamp model

One of the options available to the Federal Board of Revenue (FBR) to curtail tax evasion in the cigarette industry is by considering the successful solution of tax stamps. Industry sources told Business Recorder here on Wednesday that with the bud
Published 19 May, 2016 12:00am
Minister flays opposition's 'Panama-gate' stance

Minister flays opposition's 'Panama-gate' stance

Ports and Shipping Minister Senator Kamran Michael Wednesday termed the stance of opposition in parliament on Panama-gate issue as a conspiracy to derail democracy in the country. In a statement issued here, the federal minister blasted PTI chief Imran Kh
Published 19 May, 2016 12:00am
TIR Convention 'Success depends on visa sticker, white card schemes'

TIR Convention 'Success depends on visa sticker, white card schemes'

Pakistan has signed and ratified the TIR Convention of ECO but the success of TIR Convention depends on visa sticker and white card schemes. This was stated by Khalid Tawab, Senior Vice President FPCCI in a meeting with the Consul General of Turkey who vi
Published 19 May, 2016 12:00am
Auction for PIBs: SBP rejects all bids as banks play safe

Auction for PIBs: SBP rejects all bids as banks play safe

Following the directives of the Ministry of Finance, the State Bank of Pakistan (SBP) Wednesday rejected all bids for long-term investment bonds squashing market anticipation of higher interest rate. As per already announced schedule, the State Bank condu
Published 19 May, 2016 12:00am
Auction for PIBs: SBP rejects all bids as banks play safe

Auction for PIBs: SBP rejects all bids as banks play safe

Following the directives of the Ministry of Finance, the State Bank of Pakistan (SBP) Wednesday rejected all bids for long-term investment bonds squashing market anticipation of higher interest rate. As per already announced schedule, the State Bank condu
Published 19 May, 2016 12:00am
Meezan Bank awarded as 'Best Islamic Bank'

Meezan Bank awarded as 'Best Islamic Bank'

Meezan Bank has been awarded as The Best Islamic Bank' at first Pakistan Banking Awards. Pakistan Banking Awards are a first of its kind awards programme in Pakistan's banking and finance sector, dedicated to honouring Pakistani banks for excellence in va
Published 19 May, 2016 12:00am
Fazl trying to hide Sharif's corruption, says Imran

Fazl trying to hide Sharif's corruption, says Imran

Criticising Prime Minister Nawaz Sharif once again, Pakistan Tehreek-e-Insaf chairman Imran Khan has remarked that the umpire has raised his finger and the PM will have to return to the pavilion. Addressing a public gathering at Muzaffarabad on Wednesday,
Published 19 May, 2016 12:00am
New dental college to be set up in Hyderabad

New dental college to be set up in Hyderabad

Vice Chancellor LUMHS Professor Noshad A Shaikh has announced to establish a new Dental College at Hyderabad. Visiting the Dental Out Patient Department at Liaquat University Hospital Hyderabad Professor Noshad said that the entire existing Dental OPD wil
Published 19 May, 2016 12:00am
Sial assures ABAD: genuine problems to be solved

Sial assures ABAD: genuine problems to be solved

Home Minister Sindh Sohail Anwar Sial has assured the Association of Builders and Developers of Pakistan (ABAD) to solve all genuine problems of builders and developers. He was talking to Chairman ABAD Hanif Gohar during a reception held by the minister i
Published 19 May, 2016 12:00am
JUI-F chief vows all-out support to Prime Minister

JUI-F chief vows all-out support to Prime Minister

Maulana Fazl-ur-Rehman, the chief of his own faction of Jamiat Ulema-e-Islam (JUI-F), attacked his rival Imran Khan, reiterating stance that he would continue to support Prime Minister Nawaz Sharif in the face of Panama Papers scandal. "I assure mister pr
Published 19 May, 2016 12:00am
CCP holds awareness seminars on merger regime

CCP holds awareness seminars on merger regime

The Competition Commission of Pakistan successfully undertook a Merger Process Awareness Program as a part of its advocacy efforts in order to spread awareness of Pakistan's merger review regime under the Competition Act, 2010. Under the awareness program
Published 19 May, 2016 12:00am
PTI plays Khawaja's speech down

PTI plays Khawaja's speech down

Pakistan Tehreek-e-Insaf (PTI) laughed off the speech made by Defence Minister Khawaja Muhammad Asif on Wednesday in National Assembly, who once again targeted a charity hospital where poor patient get best possible treatment without any fee. A spokesman
Published 19 May, 2016 12:00am
Recovery of son: Gilani thanks Obama, Ghani, Nawaz and Raheel

Recovery of son: Gilani thanks Obama, Ghani, Nawaz and Raheel

Former Premier Yousuf Raza Gilani has thanked US president Barrack Obama, Afghan President Ghani, Prime Minister Mian Nawaz Sharif, Chief of Army Staff General Raheel Sharif and armed forces for helping in safe recovery of his son and said Pakistan People
Published 19 May, 2016 12:00am
Hamza for accountability without any discrimination

Hamza for accountability without any discrimination

Central leader of Pakistan Muslim League-N, Hamza Shahbaz MNA has said that all will have to be held accountable. "We want accountability without any discrimination but those having their own Off Shore Company should not level allegations against others.
Published 19 May, 2016 12:00am
PRSP employees stage demo against retrenchments

PRSP employees stage demo against retrenchments

Employees of the Punjab Rural Support Programme turning up on a hot day have staged a peaceful demonstration at the Faisal Chowk against a decision by the Punjab government to lay off over 5,000 of them. Protestors blocking off the main road traffic on We
Published 19 May, 2016 12:00am
IPR proposes government to toughen penalty for tax evasion

IPR proposes government to toughen penalty for tax evasion

Budget proposals prepared by the Institute for Policy Reforms (IPR) have recommended that the government consider non-filing of tax returns a crime and toughen penalty for tax evaders. According to IPR budget proposals, "Financial constraints have restric
Published 19 May, 2016 12:00am
Shanghai businessmen visit FPCCI

Shanghai businessmen visit FPCCI

A Chinese business delegation from Shanghai city visited the Federation of Pakistan and Chambers of Commerce and Industry (FPCCI) Zonal office here on Wednesday to discuss matters of mutual interest. Speaking on the occasion, Gao Yunlong, who was leading
Published 19 May, 2016 12:00am
PBIT, Euclid Energy Inc US ink MoU

PBIT, Euclid Energy Inc US ink MoU

Punjab Board of Investment and Trade signed a memorandum of understanding (MoU) with Euclid Energy Inc (US) on Wednesday to mutually promote and facilitate investment in the clean energy segment of the Punjab. "We can be a self-sufficient economy, the onl
Published 19 May, 2016 12:00am
LCCI urges government to establish e-portal for new power connections

LCCI urges government to establish e-portal for new power connections

With a view to facilitate industrial sector, Lahore Chamber of Commerce and Industry has urged the government to establish an e-portal for the new electricity connections and other services which would not only save precious time of the business community
Published 19 May, 2016 12:00am
PU IAGS organises workshop

PU IAGS organises workshop

Punjab University Institute of Agricultural Science (IAGS) organised a one-day national workshop on "Alternate Crops for the Future of Pakistan". Dean Faculty of Life Sciences, Professor Dr Naeem Khan was the chief guest while Director-General, Agricultur
Published 19 May, 2016 12:00am
Punjab government to celebrate 65 years of Pak-China friendship

Punjab government to celebrate 65 years of Pak-China friendship

Punjab government will celebrate completion of 65 years of unprecedented friendship between Pakistan and China in an enthusiastic manner tomorrow 19th May. It was decided in a meeting presided over by Punjab Chief Minister Muhammad Shahbaz Sharif, here Tu
Published 19 May, 2016 12:00am
PA adopts; Punjab Agriculture, Food and Drug Authority Bill 2016

PA adopts; Punjab Agriculture, Food and Drug Authority Bill 2016

The Punjab Assembly has passed the Punjab Agriculture, Food and Drug Authority Bill 2016 that seeks forensic examination and testing of fertiliser pesticide, food and drug, to render an expert opinion in respect of ingredients and quality of fertiliser, p
Published 19 May, 2016 12:00am
Turkish Airlines, TÜRSAB, TAAP arrange workshop

Turkish Airlines, TÜRSAB, TAAP arrange workshop

The Turkish Airlines, TÜRSAB (the Association of Turkish Travel Agencies and the Travel Agents Association of Pakistan have arranged a one-day business-to-business workshop not only to promote the tourism industry between Turkey and Pakistan but also the
Published 19 May, 2016 12:00am
JI leader lauds opposition decision

JI leader lauds opposition decision

Secretary General, Jamaat-e-Islami, Liaqat Baloch, has welcomed Opposition decision to end boycott and play its full role in the parliament. In a statement here on Wednesday, he said that joint ToRs were essential for legislation for a judicial commission
Published 19 May, 2016 12:00am
Mobilink to launch 'National Incubation Center'

Mobilink to launch 'National Incubation Center'

In order to boost Pakistan's vibrant and emerging Tech ecosystem, Mobilink is all set to establish Jazz's'National Incubation Center'. The center will build upon the Government's ambition for a Digital Pakistan and will be set-up under the National ICT R&
Published 19 May, 2016 12:00am
Robotic competition SSUET secures first position

Robotic competition SSUET secures first position

Students of Sir Syed University of Engineering & Technology secured first position in all three categories of RoboCom 16. The event Robocom 16 was organised by Sir Syed University of Engineering & Technology at the campus in which around 50 teams from dif
Published 19 May, 2016 12:00am
Concrete steps being taken to provide healthcare: President

Concrete steps being taken to provide healthcare: President

President Mamnoon Hussain Wednesday said the government was taking concrete measures for providing healthcare to the people across the country and said significant steps had already been taken in this regard. The President made the remarks while talking t
Published 19 May, 2016 12:00am
Chinese Admiral arrives

Chinese Admiral arrives

Admiral Wu Shengli, Commander PLA (Navy) China is on an official visit to Pakistan on the invitation of Chief of the Naval Staff, Admiral Muhammad Zakaullah. On his arrival at Pakistan Navy Fleet Headquarters, the dignitary was received by Chief of the Na
Published 19 May, 2016 12:00am
Payment to LG employees: 'chief minister Sindh approves summary'

Payment to LG employees: 'chief minister Sindh approves summary'

The Sindh Local Government (LG) Minister, Jam Khan Shoro has said that the CM Sindh has approved the summary for payment of unpaid salaries to the local government employees. The Local Government Minister said that the salaries would be transferred to the
Published 19 May, 2016 12:00am
Supreme Court seeks AGP's assistance

Supreme Court seeks AGP's assistance

The top court on Wednesday sought assistance of Attorney General for Pakistan over a question of law if supplementary grant could be released without approval of the Parliament in the country. A two member judge bench of Justice Ejaz Afzal Khan and Justic
Published 19 May, 2016 12:00am
Kharif 2016: urea's offtake too slow

Kharif 2016: urea's offtake too slow

Urea's offtake is reportedly far behind prospects in Kharif 2016 as the economics of growers have worsened due to low price of commodities against the cost of production. Urea consumption is estimated at around 3,000,000 tons against 2,424,000 tons in the
Published 19 May, 2016 12:00am
Eid cards competition held

Eid cards competition held

Annual 25th Eid Cards Competition was jointly organised by Hamdard Public School and Hamdard Village School on May 17, 2016 at the premises of Hamdard Public School, Madinat al-Hikmah Karachi. Mrs Sadia Rashid, President, Hamdard Foundation Pakistan, Chie
Published 19 May, 2016 12:00am
EFU Life wins World Finance Global Insurance Award 2015

EFU Life wins World Finance Global Insurance Award 2015

EFU Life Assurance Limited, leading private sector life insurance company in the country, has been honoured with the World Finance Global Insurance Award for the Year 2015 in the 7th Annual Global Insurance Awards by World News Media. The company successf
Published 19 May, 2016 12:00am
Unlawful activities: Shafqat Cheema in custody of NAB: FO

Unlawful activities: Shafqat Cheema in custody of NAB: FO

Foreign Office said that an official of the Ministry was in the custody of National Accountability Bureau (NAB) for his alleged involvement in some unlawful activities. "On a reference by the Ministry of Foreign Affairs, the NAB has been conducting invest
Published 19 May, 2016 12:00am
Prime Minister condemns blasts in Peshawar

Prime Minister condemns blasts in Peshawar

Prime Minister Muhammad Nawaz Sharif Wednesday condemned two blasts in Peshawar. The Prime Minister directed the concerned authorities to ensure special medical care of the injured. A police official told APP in Peshawar that the blasts occurred with a ga
Published 19 May, 2016 12:00am
Chinese media lauds Pakistan's peace efforts in Afghanistan

Chinese media lauds Pakistan's peace efforts in Afghanistan

Chinese state-run official media have lauded Pakistan's peace efforts in Afghanistan, stating that the continuation of talks process between Afghan government and Taliban is the best option for the solution of the problem on long-term basis. Quoting Pakis
Published 19 May, 2016 12:00am
Power shutdown schedule

Power shutdown schedule

According to IESCO Spokesman, Due to electricity maintenance/development work the Power supply of the following Feeders/Grid Stations would remain suspended as under:- On 19 May 09:00am 02:00pm, City, Dk. Khaba, C.Chowk, Kallar Syedan, Sagri, Redco Textil
Published 19 May, 2016 12:00am
5 power thieves apprehended in IESCO raids

5 power thieves apprehended in IESCO raids

Islamabad Electric Supply Company (IESCO) apprehended 05 electricity thieves upon the special directives of Chief Executive Officer Dr Rana Abdul Jabbar Khan in different areas of IESCO Region. According to the details 05 culprits were caught red handed f
Published 19 May, 2016 12:00am
NAB issues third summon to Khalid Langov

NAB issues third summon to Khalid Langov

The National Accountability Bureau (NAB) issued third summon, directing ex-finance advisor to Chief Minister Balochistan, Mir Khalid Langov to appear before the NAB authorities on Wednesday. Mir Khalid Langov who was granted protective bail from the Islam
Published 19 May, 2016 12:00am
Shahbaz for prompt accountability of all

Shahbaz for prompt accountability of all

Punjab Chief Minister Shahbaz Sharif said the nation is united for holding fair, transparent and prompt accountability of all those involved in loot and corruption in the past. The facts about Swiss bank accounts, NICL scandal and the ruthless loot and pl
Published 19 May, 2016 12:00am
UET anti-power theft project lauded

UET anti-power theft project lauded

A team of University of Engineering and Technology (UET) Peshawar, led by Dr Gul Muhammad Khan, Director Centre for Intelligent Systems and Network Research (CSNIR) participated in World Telecom Communication and Information Society Day 2016 held in Islam
Published 19 May, 2016 12:00am
The Weather

The Weather

The weather report on Wednesday (May 18, 2016) and the forecast for Thursday (May 19, 2016).

Published 19 May, 2016 12:00am
Spade work for budget completed: Dar informed

Spade work for budget completed: Dar informed

Minister for Finance on Wednesday directed the Federal Board of Revenue (FBR) to ensure that common men were not adversely affected by tax measures in the upcoming budget for next year. He also directed that the FBR might also continue to pursue the aim o
Published 19 May, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (May 18, 2016).

Published 19 May, 2016 12:00am
Spade work for budget completed: Dar informed

Spade work for budget completed: Dar informed

Minister for Finance on Wednesday directed the Federal Board of Revenue (FBR) to ensure that common men were not adversely affected by tax measures in the upcoming budget for next year. He also directed that the FBR might also continue to pursue the aim o
Published 19 May, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (May 18, 2016).

Published 19 May, 2016 12:00am
LG Action CAMLTE to be launched next month

LG Action CAMLTE to be launched next month

The newest addition to LG Electronics (LG) Friend ecosystem is the first action camera to be available globally with LTE connectivity built-in, allowing users to stream directly to sites such as YouTube Live without a smartphone. The device, LG Action CAM
Published 19 May, 2016 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 19 May, 2016 12:00am
Czech Republic shows interest in CPEC

Czech Republic shows interest in CPEC

Jan Fury, Ambassador of Czech Republic to Pakistan on Wednesday said his country was extremely interested to participate in China-Pakistan Economic Corridor and to access Central Asia states through Pakistan. He said a high-level Pakistani delegation was
Published 19 May, 2016 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 19 May, 2016 12:00am
FFCL's efforts towards boosting Kharif crop

FFCL's efforts towards boosting Kharif crop

Fauji Fertiliser Company Limited, one of the largest fertiliser manufacturers in Pakistan, shows resolve to pass the benefits of roll back in fertiliser feed gas price by the government to the farmer in the shortest possible time with maximum efficiency t
Published 19 May, 2016 12:00am
Previous Day