AGL 38.00 Increased By ▲ 0.01 (0.03%)
AIRLINK 210.38 Decreased By ▼ -5.15 (-2.39%)
BOP 9.48 Decreased By ▼ -0.32 (-3.27%)
CNERGY 6.48 Decreased By ▼ -0.31 (-4.57%)
DCL 8.96 Decreased By ▼ -0.21 (-2.29%)
DFML 38.37 Decreased By ▼ -0.59 (-1.51%)
DGKC 96.92 Decreased By ▼ -3.33 (-3.32%)
FCCL 36.40 Decreased By ▼ -0.30 (-0.82%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 14.95 Increased By ▲ 0.46 (3.17%)
HUBC 130.69 Decreased By ▼ -3.44 (-2.56%)
HUMNL 13.29 Decreased By ▼ -0.34 (-2.49%)
KEL 5.50 Decreased By ▼ -0.19 (-3.34%)
KOSM 6.93 Decreased By ▼ -0.39 (-5.33%)
MLCF 44.78 Decreased By ▼ -1.09 (-2.38%)
NBP 59.07 Decreased By ▼ -2.21 (-3.61%)
OGDC 230.13 Decreased By ▼ -2.46 (-1.06%)
PAEL 39.29 Decreased By ▼ -1.44 (-3.54%)
PIBTL 8.31 Decreased By ▼ -0.27 (-3.15%)
PPL 200.35 Decreased By ▼ -2.99 (-1.47%)
PRL 38.88 Decreased By ▼ -1.93 (-4.73%)
PTC 26.88 Decreased By ▼ -1.43 (-5.05%)
SEARL 103.63 Decreased By ▼ -4.88 (-4.5%)
TELE 8.45 Decreased By ▼ -0.29 (-3.32%)
TOMCL 35.25 Decreased By ▼ -0.58 (-1.62%)
TPLP 13.52 Decreased By ▼ -0.32 (-2.31%)
TREET 25.01 Increased By ▲ 0.63 (2.58%)
TRG 64.12 Increased By ▲ 2.97 (4.86%)
UNITY 34.52 Decreased By ▼ -0.32 (-0.92%)
WTL 1.78 Increased By ▲ 0.06 (3.49%)
BR100 12,096 Decreased By -150 (-1.22%)
BR30 37,715 Decreased By -670.4 (-1.75%)
KSE100 112,415 Decreased By -1509.6 (-1.33%)
KSE30 35,508 Decreased By -535.7 (-1.49%)
Dec 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-06-23
Pakistan team for South Asian Table Tennis announced

Pakistan team for South Asian Table Tennis announced

Pakistan Table Tennis Federation Wednesday announced Pakistan team for the forthcoming South Asian Table Tennis Championship to be scheduled in Karachi, Pakistan from July 15-17, 2016. This was disclosed by Secretary Pakistan Table Tennis Federation. Kifa
Published 23 Jun, 2016 12:00am
India win series with three-run victory

India win series with three-run victory

Kedar Jadhav's brisk half-century proved the difference as India just held off Zimbabwe in the third Twenty20 international at Harare Sports Club on Wednesday to clinch the series 2-1. Jadhav rescued India from 27 for three after they lost the toss and we
Published 23 Jun, 2016 12:00am
Jaguar used in Olympic torch event killed in Brazil

Jaguar used in Olympic torch event killed in Brazil

A jaguar trotted out for the Olympic torch's passage through Brazil's Amazon was killed shortly afterward when it escaped its handlers and threatened a vet, the Brazilian military said Tuesday. The feline - whose species is the symbol of the Amazon - was
Published 23 Jun, 2016 12:00am
PCB to award central contracts to 30 cricketers after England tour

PCB to award central contracts to 30 cricketers after England tour

Pakistan Cricket Board (PCB) will award central contracts to as many as 30 cricketers after the conclusion of upcoming England tour. The central contracts are due to expire on June 30 and the PCB may award new contracts to players for six month period (Ju
Published 23 Jun, 2016 12:00am
Turkey stun Czech Republic to revive Euro hopes

Turkey stun Czech Republic to revive Euro hopes

Burak Yilmaz and Ozan Tufan scored a goal in each half as Turkey beat Czech Republic 2-0 to keep alive slim hopes of reaching the Euro 2016 last 16 on Tuesday. The defeat eliminated Czech Republic, who had already suffered at Turkish hands at a past Euro
Published 23 Jun, 2016 12:00am
Croatia fightback condemns Spain to unwanted Italy clash

Croatia fightback condemns Spain to unwanted Italy clash

Ivan Perisic's last gasp winner gave Croatia a 2-1 win over Spain that condemned the defending European champions to a heavyweight last 16 clash against Italy while Germany claimed their place in the knockout rounds. Mario Gomez struck the only goal in a
Published 23 Jun, 2016 12:00am
Air raids kill 25 civilians in IS stronghold in Syria

Air raids kill 25 civilians in IS stronghold in Syria

Warplanes have bombed the Islamic State group's de facto Syrian capital Raqa, killing at least 25 civilians, after the jihadists drove pro-government forces out of their bastion northern province. Twin offensives aimed at severing the jihadists' supply li
Published 23 Jun, 2016 12:00am
Prolific French sex tourist jailed for 16 years

Prolific French sex tourist jailed for 16 years

A French sex tourist was sentenced Wednesday to 16 years in prison for raping or abusing dozens of young boys in Sri Lanka, Tunisia and Egypt over a decade. Thierry Darantiere, 52, who confessed to the crimes, was also ordered to accept treatment for the
Published 23 Jun, 2016 12:00am
Four Palestinians sentenced to life for murdering Israelis

Four Palestinians sentenced to life for murdering Israelis

Four Palestinians were on Wednesday handed life sentences for the killing of an Israeli couple as drove in the West Bank with their children last year, the army said. "The military court in Samaria handed two life sentences and another 30 years to each of
Published 23 Jun, 2016 12:00am
US commander warns Nato couldn't repel Russian Baltic invasion

US commander warns Nato couldn't repel Russian Baltic invasion

Nato would currently be unable to protect the Baltics against a Russian attack, the commander of US ground forces in Europe, General Ben Hodges, said in a news report Wednesday. "Russia could take over the Baltic states faster than we would be able to def
Published 23 Jun, 2016 12:00am
Hardline Maldives minister quits

Hardline Maldives minister quits

The Maldives home minister quit the government hours before Wednesday's cabinet reshuffle after coming under pressure over the jailing of President Abdulla Yameen's opponents in the politically troubled nation. Umar Naseer, who was in charge of police and
Published 23 Jun, 2016 12:00am
Modi heads to Uzbekistan to woo Xi

Modi heads to Uzbekistan to woo Xi

Prime Minister Narendra Modi will meet Chinese President Xi Jinping this week on the sidelines of a summit in Uzbekistan, the Indian foreign ministry said Wednesday, seeking China's backing for India's entry into a nuclear trade group. India wants to beco
Published 23 Jun, 2016 12:00am
Assad names new prime minister

Assad names new prime minister

Syrian President Bashar al-Assad on Wednesday named electricity minister Imad Khamis as the new prime minister of the war-ravaged country. Assad tasked Khamis with forming a new government, the official news agency SANA reported. He is to submit his propo
Published 23 Jun, 2016 12:00am
DR Congo opposition leader gets jail

DR Congo opposition leader gets jail

Embattled DR Congo opposition leader Moise Katumbi, who last month quit the country ostensibly for medical treatment, was sentenced to three years in jail Wednesday over a real estate dispute. Katumbi, a football magnate, was seen as the leading challenge
Published 23 Jun, 2016 12:00am
In U-turn, French government allows march

In U-turn, French government allows march

France's Socialist government on Wednesday gave the go-ahead for a Paris march against its hotly-contested labour reforms, reversing a ban announced just hours earlier. "After tough talks with the interior minister, the union and student organisations obt
Published 23 Jun, 2016 12:00am
Colombia government, rebels agree full cease-fire

Colombia government, rebels agree full cease-fire

Colombia's government and the FARC guerrilla group reached agreement Wednesday on a definitive cease-fire in Latin America's longest civil war, they said in a joint statement. "The national government and FARC delegations inform the public that we have su
Published 23 Jun, 2016 12:00am
UN blasts North Korea missile tests as 'unacceptable violations'

UN blasts North Korea missile tests as 'unacceptable violations'

The UN Security Council president condemned nuclear-armed North Korea over its tests of a powerful new medium-range missile on Wednesday, calling for a swift response from the world body. Francois Delattre of France said the back-to-back tests were a "cle
Published 23 Jun, 2016 12:00am
Dormant black hole 'awakens' to devour star

Dormant black hole 'awakens' to devour star

Scientists reported Wednesday that they witnessed in unprecedented detail a star being ripped to shreds and devoured by a dormant supermassive black hole. The celestial feeding frenzy - known as a tidal disruption event - was detected from the high-energy
Published 23 Jun, 2016 12:00am
EU agrees new border force to tackle migrant crisis

EU agrees new border force to tackle migrant crisis

The European Union has reached agreement to set up a new border and coastguard force that could intervene in front-line countries like Greece and Italy to curb the influx of migrants. Negotiators for the 28 EU member states and the European Parliament sai
Published 23 Jun, 2016 12:00am
Promoting a nuclear race?

Promoting a nuclear race?

India clandestinely diverted nuclear fuel from the Canadian supplied civilian nuclear reactor in Tarapur for conducting its nuclear test in 1974. Created in 1974 as a direct result of the Indian subterfuge, the Nuclear Suppliers Group (NSG) was meant to p
Published 23 Jun, 2016 12:00am
Rs 34 billion Balochistan supplementary budget approved

Rs 34 billion Balochistan supplementary budget approved

The lawmakers unanimously approved Balochistan Supplementary Budget have size of over Rs 34.50 billion for the financial year 2015-16, here on Wednesday. Chief Minister Balochistan, Nawab Sanaullah Khan Zehri presented the supplementary budget in the asse
Published 23 Jun, 2016 12:00am
Afghan peace process disrupted by US drone strike: Pakistan tells UN

Afghan peace process disrupted by US drone strike: Pakistan tells UN

Pakistan told the UN Security Council on Tuesday that a United States drone attack that killed Taliban leader Mullah Akhtar Mansour on the Pakistani territory had dealt a blow to the Afghan peace process, further complicating the situation.
Published 23 Jun, 2016 12:00am
Allied Bank Limited

Allied Bank Limited

Brief Introduction: Allied Bank started its operations in Lahore in 1942 under the name of Australasia Bank. It became Allied Bank of Pakistan in 1974. In August 2004, because of capital reconstruction, the bank's ownership was transferred to a
Published 23 Jun, 2016 12:00am
Allied Bank Limited

Allied Bank Limited

Brief Introduction: Allied Bank started its operations in Lahore in 1942 under the name of Australasia Bank. It became Allied Bank of Pakistan in 1974. In August 2004, because of capital reconstruction, the bank's ownership was transferred to a
Published 23 Jun, 2016 12:00am
PML-Q leaders condemn Sabri's murder

PML-Q leaders condemn Sabri's murder

PML-Q President and former Prime Minister Chaudhry Shujat Hussain and senior central leader Chaudhry Pervez Elahi have expressed their heartfelt grief and sorrow over demise of Amjad Sabri in a murderous attack in Karachi on Wednesday and said services of
Published 23 Jun, 2016 12:00am
Punjab government allocates funds for pro-poor initiatives

Punjab government allocates funds for pro-poor initiatives

Punjab government has allocated sufficient funds in its budget for 2016-17 for pro-poor initiatives and well being of people. As per budget document, allocations for pro-poor initiatives like Ramazan package, public transport and wheat subsidy have been b
Published 23 Jun, 2016 12:00am
Cotton farmers advised
Cotton

Cotton farmers advised

Cotton farmers have been told to take timely measures to save their crops from possible pesticide attacks. A warning issued by the Punjab Agriculture Department on Wednesday also said its Pest Warning Wing had identified the hot spots of various pests in
Published 23 Jun, 2016 12:00am
Security guards: unemployed youth to get training: Tevta

Security guards: unemployed youth to get training: Tevta

The Technical Education and Vocational Training Authority is to train the unemployed youth for free as security guards through a five-week course which will start next month in 14 cities across the province. The announcement by Chairperson Irfan Qaiser Sh
Published 23 Jun, 2016 12:00am
PAT castigates government report on poverty

PAT castigates government report on poverty

The Pakistan Awami Tehreek has castigated a government-sponsored report on reducing the poverty level, claiming that its facts and figures are "false and misleading". A party fact-finding report, released to the media by Secretary General Khurram Nawaz Ga
Published 23 Jun, 2016 12:00am
Four dead, 22 injured in Punjab rain-related incidents

Four dead, 22 injured in Punjab rain-related incidents

Heavy rain lashed different towns and cities of the Punjab including Lahore on Wednesday, killing at least four people and injuring 22 others in several rain-related incidents. Rain in Lahore and other areas of Punjab has been particularly heavy since mor
Published 23 Jun, 2016 12:00am
President pays respects at Imam Bukhari's mausoleum

President pays respects at Imam Bukhari's mausoleum

President Mamnoon Hussain on Wednesday visited the mausoleum of Imam Muhammad Bin Islamil Al Bukhari, the 8th century great scholar known for his compilation of Hadith named 'Sahih Bukhari'. The President made a stopover in Samarkand to pay respects at Im
Published 23 Jun, 2016 12:00am
280,000 Hajj applications received under government scheme

280,000 Hajj applications received under government scheme

The number of Hajj applications under the government scheme has improved as the present government is making serious efforts to facilitate the pilgrims. An official of the religious affairs ministry revealed that 280,000 applications were received this ye
Published 23 Jun, 2016 12:00am
KP PA passes budget for Fiscal Year 2017

KP PA passes budget for Fiscal Year 2017

Khyber Pakhtunkhwa Assembly on Wednesday passed annual budget for financial year 2016-17 worth Rs 505 billion to defray the expenses to be carried out in various heads by the provincial government. On Tuesday, the house passed only three demands for grant
Published 23 Jun, 2016 12:00am
Treasury, opposition join hands for pleasant environment

Treasury, opposition join hands for pleasant environment

Treasury and opposition of Khyber Pakhtunkhwa Assembly Wednesday joined hands maintaining decorum and running the proceedings of the house in a peaceful and pleasant environment. The Khyber Pakhtunkhwa Assembly had witnessed worst commotion Tuesday; the f
Published 23 Jun, 2016 12:00am
Shawwal moon sighting likely on July 5: Met Office

Shawwal moon sighting likely on July 5: Met Office

According to astronomical parameters, there is a chance for the sighting new moon of Shawwal, 1437 AH on the evening of July 5 on 29th of Ramazan, 1437 AH. The new moon of Shawwal, 1437 AH will be born on crossing conjunction point at 16-01 PST on July 04
Published 23 Jun, 2016 12:00am
Recruitments in Passco Services of 41 officials terminated

Recruitments in Passco Services of 41 officials terminated

The government has terminated the services of 41 officials, including six retired army officers, for their alleged involvement in illegal recruitments at Pakistan Agricultural Storage & Services Corporation Limited (Passco) during the period of last inter
Published 23 Jun, 2016 12:00am
Failure to hold AGM: five directors of leasing co fined Rs 0.3 million

Failure to hold AGM: five directors of leasing co fined Rs 0.3 million

The Securities and Exchange Commission of Pakistan (SECP) has imposed an aggregate fine of Rs 300,000 on five directors of a leasing company, which failed to hold the AGM of the company for the year ended June 30, 2015 within the stipulated time period. A
Published 23 Jun, 2016 12:00am
SECP launches swift incorporation scheme

SECP launches swift incorporation scheme

The Securities and Exchange Commission of Pakistan (SECP), with the aim to ensure ease in doing business in Pakistan and to facilitate the entrepreneurs for registration of companies, has launched swift incorporation scheme under which the documents for t
Published 23 Jun, 2016 12:00am
GEPCO sends cases of 100 top defaulters to NAB

GEPCO sends cases of 100 top defaulters to NAB

The Gujranwala Electric Power Company (GEPCO) has sent cases of top one hundred defaulters of Rs 197 million electricity dues to the National Accountability Bureau. NAB will start arrest of these defaulters for the recovery of GEPCO dues before Eidul Fitr
Published 23 Jun, 2016 12:00am
Southern loop of Lahore Ring Road: Punjab government, FWO sign agreement

Southern loop of Lahore Ring Road: Punjab government, FWO sign agreement

An agreement was signed between Punjab government and Frontier Works Organisation (FWO) for the construction of southern loop of Lahore Ring Road. Punjab Chief Minister Muhammad Shahbaz Sharif was the chief guest on the occasion. Acting head of Lahore Rin
Published 23 Jun, 2016 12:00am
SC says out-of-turn promotions negatively impact services

SC says out-of-turn promotions negatively impact services

The Supreme Court on Wednesday observed that out of turn promotions in a department has a negative impact over the service of entitled officers for promotion. A three member bench led by Chief Justice Anwar Zaheer Jamali resumed the hearing of pleas relat
Published 23 Jun, 2016 12:00am
Non-conversion of industrial area: LCCI welcomes decision

Non-conversion of industrial area: LCCI welcomes decision

The Lahore Chamber of Commerce and Industry (LCCI) on Wednesday welcomed the decision to withdraw the plan of Kahna Kacha industrial area conversion into a residential society. LCCI President Sheikh Muhammad Arshad said that the decision would go a long w
Published 23 Jun, 2016 12:00am
PTI leaders slam anti-poor policies of government

PTI leaders slam anti-poor policies of government

Pakistan Tehreek-e-Insaf leader Chaudhry Muhammad Sarwar has accused the governing party of targeting the poor by making them poorer and jobless. "The rulers have become facilitators in anti-poor policies. Pakistan can't move ahead without eradicating the
Published 23 Jun, 2016 12:00am
Allied Bank Islamic banking group, IIU sign MoU

Allied Bank Islamic banking group, IIU sign MoU

The Islamic Banking Group of Allied Bank, Pakistan's leading commercial bank, and International Islamic University Islamabad (IIUI), Pakistan's leading university of international repute, has signed a Memorandum of Understanding (MoU). The ceremony held a
Published 23 Jun, 2016 12:00am
Call for revamping UNSC resolution 1540

Call for revamping UNSC resolution 1540

The head of a Pakistani think tank on Tuesday called for revamping UN Security Council Resolution 1540 that aims to prevent the proliferation of weapons of mass destruction to non-state actors, saying there was need to take into account emerging threats t
Published 23 Jun, 2016 12:00am
PM's Laptop Scheme: PIEAS students receive laptops

PM's Laptop Scheme: PIEAS students receive laptops

MoS Engr Muhammad Baligh Ur Rehman attended the Laptop Distribution Ceremony as a chief guest along with the Rector Dr Muhammad Aslam (PIEAS) and executive Director HEC, at PIEAS (Pakistan Institute of Engineering and Applied Sciences) today. It is my ple
Published 23 Jun, 2016 12:00am
CIMA, AICPA to form new association

CIMA, AICPA to form new association

The Chartered Institute of Management Accountants (CIMA) and the American Institute of CPAs (AICPA), are joining forces to create a new association that would represent the breadth of the accounting profession. The new association aims to become the most
Published 23 Jun, 2016 12:00am
Shahbaz for timely implementation of development schemes

Shahbaz for timely implementation of development schemes

Punjab Chief Minister Muhammad Shahbaz Sharif has said that efforts being made under the leadership of Prime Minister Muhammad Nawaz Sharif to cope with the challenges being faced by the country are yielding results. He said that work is being carried out
Published 23 Jun, 2016 12:00am
Dar lauds UNHCR support to Afghan refugees

Dar lauds UNHCR support to Afghan refugees

Fillippo Grandi, UN High Commissioner for Refugees, called on Federal Minister for Finance Senator Mohammad Ishaq Dar here on Wednesday. Minister for States and Frontier Regions Lieutenant General Abdul Qadir Baloch (Retd) was also present during the meet
Published 23 Jun, 2016 12:00am
Stone crushing case: SC seeks detailed report from Punjab government

Stone crushing case: SC seeks detailed report from Punjab government

Turning down the plea seeking lifting of ban on stone crushing and chopping of trees at Margalla Hills on Wednesday, the Supreme Court sought a detailed report from the Punjab government in the matter. Resuming the hearing on stone crushing at Margalla Hi
Published 23 Jun, 2016 12:00am
Minister reviews KPT projects

Minister reviews KPT projects

A high level workshop-cum-meeting on KPT Act has taken place here in KPT Head Office Building, said a statement the port operator issued on Wednesday. Chaired by Federal Minister for Ports and Shipping Senator Hasil Khan Bizenjo, the meeting was attended
Published 23 Jun, 2016 12:00am
Ebad accords assent to Senior Citizens Welfare Bill

Ebad accords assent to Senior Citizens Welfare Bill

Governor Sindh Dr Ishrat ul Ebad Khan has accorded assent to the Senior Citizens Welfare Bill 2014. After the signatures of the Governor, it has become the Senior Citizens Welfare Act 2014 and would apply to whole of Sindh and come into force at once.
Published 23 Jun, 2016 12:00am
Zardari condemns Sabri's assassination

Zardari condemns Sabri's assassination

Former President Asif Ali Zardari has strongly condemned the targeted killing of Qawwal Amjad Sabri in Karachi on Wednesday and demanded investigation into this heinous crime, arrest of the killers and punishment to them in accordance with the law.
Published 23 Jun, 2016 12:00am
Huawei launches phone postal repair service

Huawei launches phone postal repair service

Huawei has announced a remarkable initiative where it is going to offer a kind of Phone Postal Repair Service for its brand lovers. The customers can handover their smart phones to avail the Huawei Phone Postal Repair Service, at their door steps whenever
Published 23 Jun, 2016 12:00am
Honouring killing: HRCP appalled by acquittal of murderers

Honouring killing: HRCP appalled by acquittal of murderers

The Human Rights Commission of Pakistan (HRCP) has strongly condemned the decision of an assistant political agent in Khyber Agency to acquit two alleged murderer, based upon a Jirga verdict, who had confessed to killing their maternal uncle and their sis
Published 23 Jun, 2016 12:00am
Ad hoc Fata lecturers demand regularisation

Ad hoc Fata lecturers demand regularisation

The ad hoc lecturers association in the Federally Administered Tribal Agency (Fata) continued its protest camp along the Sher Shah Suri Road for the 44th consecutive day on Wednesday for the release of their salaries and regularisation of services of 213
Published 23 Jun, 2016 12:00am
No unannounced load-shedding being carried out: KE

No unannounced load-shedding being carried out: KE

K-Electric clarified in its press statement stated that no unannounced load-shedding was being carried out in any part of the city including Gulistan-e-Jauhar, Quaidabad and North Karachi. Most of the complaints being received are from areas where power t
Published 23 Jun, 2016 12:00am
PDMA-KP prepares contingency plan for monsoon

PDMA-KP prepares contingency plan for monsoon

Provincial Disaster Management Authority (PDMA-KP) has prepared a contingency plan for upcoming monsoon season. The authority in co-ordination with National Disaster Management Authority (NDMA) is actively pursuing a proactive approach to disaster managem
Published 23 Jun, 2016 12:00am
Judicial security system: Call for urgent steps to remove deficiencies

Judicial security system: Call for urgent steps to remove deficiencies

The chief justice-designate of the Lahore High Court has called for immediate steps to rectify deficiencies in the judicial security system. Justice Syed Mansoor Ali Shah chairing an important security meeting on Wednesday also directed the police to ensu
Published 23 Jun, 2016 12:00am
DCO visits city to ensure monsoon arrangements

DCO visits city to ensure monsoon arrangements

DCO Salman Ghani visited the low lying areas of the industrial city after pre monsoon rains and checked the arrangements of WASA for discharging the rain water. He went to Riaz Shahid Chowk, Bashir Nizami Railway Station, Chowk GTS, Samundri road, Main Ba
Published 23 Jun, 2016 12:00am
VUP, UET sign MoU to carry out research

VUP, UET sign MoU to carry out research

A Memorandum of Understanding has been signed between the Virtual University of Pakistan (VUP) and the University of Engineering and Technology (UET) in Taxila to carry out research, development, innovation and joint education. Naveed Malik, the Rector of
Published 23 Jun, 2016 12:00am
KP government not to extend Customs Act to Malakand: Khattak

KP government not to extend Customs Act to Malakand: Khattak

Khyber Pukhtunkhwa Chief Minister Pervez Khattak has vowed, the provincial government will not allow the enforcement of Customs Act in Malakand Division and will extend all support to the people on this issue. Pervez Khattak while clarifying the position
Published 23 Jun, 2016 12:00am
Rainwater drained out

Rainwater drained out

The City District Government and town administrations have managed to pump out rainwater in all low-lying areas of the provincial capital and the former has also been in touch with the city's weather office to keep abreast of the latest weather developmen
Published 23 Jun, 2016 12:00am
Detained target killer confesses killing over 20 people

Detained target killer confesses killing over 20 people

The Joint Investigation Team (JIT) formed to probe target killer Zafar Khan, who had been arrested from Muttahida Qaumi Movement (MQM) headquarters Nine Zero in Karachi, has completed its report. According to JIT report, target killer Zafar Khan has confe
Published 23 Jun, 2016 12:00am
BISP releases instalment to partner banks

BISP releases instalment to partner banks

The management of Benazir Income Support Programme has released the instalment to its partner banks for the last quarter of the current financial year 2015-2016. The BISP is the largest social safety net in South Asia under which 5.3 million beneficiary f
Published 23 Jun, 2016 12:00am
Country experiencing real estate boom: PBIF chief

Country experiencing real estate boom: PBIF chief

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said Pakistan is experiencing real estate boom while credit goes to the Rangers for ensuring peace in Karachi. Mian Zahid Hussain said that Pakistan's 250 billion dollar
Published 23 Jun, 2016 12:00am
Call to bring down ST rate to single digit to boost exports

Call to bring down ST rate to single digit to boost exports

In order to boost exports of the country, there is a need to bring down sales tax rate to single digit. The exports have come down due to issues including infrastructure issues and flaws in revenue collection. Dr Qaiser Bengali, leading economist, observe
Published 23 Jun, 2016 12:00am
Call to bring down ST rate to single digit to boost exports

Call to bring down ST rate to single digit to boost exports

In order to boost exports of the country, there is a need to bring down sales tax rate to single digit. The exports have come down due to issues including infrastructure issues and flaws in revenue collection. Dr Qaiser Bengali, leading economist, observe
Published 23 Jun, 2016 12:00am
Bilawal condemns killing of Sabri, terms it a conspiracy

Bilawal condemns killing of Sabri, terms it a conspiracy

Bilawal Bhutto Zardari Chairman Pakistan People's Party has expressed grief and anguishes over the assassination of famous Qawwal Amjad Sabri in an ambush in Karachi and termed it an open challenge to the law and order and writ of the state and the govern
Published 23 Jun, 2016 12:00am
Sabri's killing: MQM announces three-day mourning

Sabri's killing: MQM announces three-day mourning

The Muttahida Qaumi Movement (MQM), on Wednesday announced a three-day mourning period over the murder of famous qawwal Amjad Sabri in Karachi on Wednesday. In a statement, the MQM said that black flags would be hoisted on homes to mourn the death of Amja
Published 23 Jun, 2016 12:00am
Ebad terms Sabri's killing a conspiracy

Ebad terms Sabri's killing a conspiracy

Sindh Governor Dr Ishrat ul Ebad Khan has directed Inspector General of Police (IGP) Sindh, A.D. Khawaja, to take every step for the arrest of killers of renowned Qawwal Amjad Sabri, who was shot dead by unidentified armed men in Karachi's Liaquatabad are
Published 23 Jun, 2016 12:00am
Business community uneasy over 'deteriorating' law, order

Business community uneasy over 'deteriorating' law, order

Business Community has expressed concern over deteriorating law and order situation of the city. They said that the two recent incidents including kidnapping of Awais Ali Shah, son of the sitting Sindh High Court Chief Justice, and murder of renowned Qaww
Published 23 Jun, 2016 12:00am
First unit of NJHPC may start operation in July 2017: Wapda chief

First unit of NJHPC may start operation in July 2017: Wapda chief

Water and Power Development Authority (WAPDA) is confident that it will commission the first unit of Neelum Jhelum Hydropower project in July 2017 by producing some 242MW electricity. Talking to newsmen here Wednesday at the signing ceremony for financing
Published 23 Jun, 2016 12:00am
Awais's abduction: lawyers continue strike for second day

Awais's abduction: lawyers continue strike for second day

Litigants faced difficulties as lawyers have continued boycott of legal proceedings in City Court, Malir court and the high court against Chief Justice Sajjad Ali Shah's son, Owais Ali Shah's abduction for the second day on Wednesday.
Published 23 Jun, 2016 12:00am
Country exports 28,000 tonnes of mangoes in one month

Country exports 28,000 tonnes of mangoes in one month

With the export of 28,000 tones Pakistani mangoes, exports recorded 16 percent growth during first month (May 20 to June 20) as compared to the same period last year. Last year 24,000 tones mangoes were exported in 30 days. Waheed Ahmed, Chairman Pakistan
Published 23 Jun, 2016 12:00am
Special Police Force: KP IGP lauds extension of job contracts

Special Police Force: KP IGP lauds extension of job contracts

KP Inspector General of Police (IGP) Nasir Khan Durrani has thanked the provincial government for granting approval to extension in services of contract employees of Special Police Force and ex-servicemen and assured that this decision will go a long way
Published 23 Jun, 2016 12:00am
Leading Gujrat furnisher found involved in tax evasion

Leading Gujrat furnisher found involved in tax evasion

The Directorate General of Intelligence and Investigation Inland Revenue (IR) Lahore has allegedly unearthed massive tax evasion and under-declaration of sales by a leading furnisher company located at G T Road Gujrat. According to the details, the agency
Published 23 Jun, 2016 12:00am
Industry hails reduction in sales tax on tractors

Industry hails reduction in sales tax on tractors

Tractor Industry has hailed the government's decision to reduce sales tax to 5% on tractors, saying that it was a long-outstanding demand of the industry and farmers. According to the industry representatives, the revisions of GST rates had been a major i
Published 23 Jun, 2016 12:00am
Industry hails reduction in sales tax on tractors

Industry hails reduction in sales tax on tractors

Tractor Industry has hailed the government's decision to reduce sales tax to 5% on tractors, saying that it was a long-outstanding demand of the industry and farmers. According to the industry representatives, the revisions of GST rates had been a major i
Published 23 Jun, 2016 12:00am
Shanghai copper rises

Shanghai copper rises

Shanghai Futures Exchange (ShFE) copper ended the session up 1.6 percent at 36,260 yuan ($5,504) a tonne. Signalling shorts closing out positions, market open interest has shrunk to its lowest in nearly two months, ShFE data showed. Copper's outlook has b
Published 23 Jun, 2016 12:00am
Copper hits two-week high on hopes Britain will stay in EU
Currency

Copper hits two-week high on hopes Britain will stay in EU

Copper rose to its highest in more than two weeks on growing expectations Britain will vote to remain in the European Union and on a weaker dollar, though traders said a lack of liquidity meant moves were exaggerated. Benchmark copper on the London Metal
Published 23 Jun, 2016 12:00am
Rubber climbs

Rubber climbs

Benchmark Tokyo rubber futures climbed on Wednesday, backed by firmer oil prices and higher Shanghai futures, but trade was light as investors nervously eyed Britain's EU membership referendum due on Thursday. The Tokyo Commodity Exchange (TOCOM) rubber c
Published 23 Jun, 2016 12:00am
Previous Day