AGL 38.30 Increased By ▲ 0.30 (0.79%)
AIRLINK 132.50 Decreased By ▼ -4.19 (-3.07%)
BOP 5.38 Decreased By ▼ -0.04 (-0.74%)
CNERGY 3.78 Decreased By ▼ -0.05 (-1.31%)
DCL 7.46 Decreased By ▼ -0.13 (-1.71%)
DFML 43.40 Decreased By ▼ -2.65 (-5.75%)
DGKC 79.60 Decreased By ▼ -0.75 (-0.93%)
FCCL 27.99 Decreased By ▼ -0.04 (-0.14%)
FFBL 53.99 Decreased By ▼ -1.22 (-2.21%)
FFL 8.52 Decreased By ▼ -0.06 (-0.7%)
HUBC 101.46 Decreased By ▼ -11.19 (-9.93%)
HUMNL 12.25 Decreased By ▼ -0.08 (-0.65%)
KEL 3.79 Decreased By ▼ -0.06 (-1.56%)
KOSM 7.02 Decreased By ▼ -1.05 (-13.01%)
MLCF 35.50 Increased By ▲ 0.39 (1.11%)
NBP 66.40 Increased By ▲ 0.40 (0.61%)
OGDC 169.50 Decreased By ▼ -1.66 (-0.97%)
PAEL 25.19 Increased By ▲ 0.01 (0.04%)
PIBTL 6.17 Decreased By ▼ -0.03 (-0.48%)
PPL 131.30 Decreased By ▼ -1.55 (-1.17%)
PRL 24.19 Decreased By ▼ -0.21 (-0.86%)
PTC 14.15 Decreased By ▼ -0.37 (-2.55%)
SEARL 57.76 Decreased By ▼ -1.19 (-2.02%)
TELE 7.00 Decreased By ▼ -0.09 (-1.27%)
TOMCL 34.52 Decreased By ▼ -0.48 (-1.37%)
TPLP 7.86 Decreased By ▼ -0.23 (-2.84%)
TREET 14.04 Decreased By ▼ -0.26 (-1.82%)
TRG 44.70 Decreased By ▼ -0.89 (-1.95%)
UNITY 25.50 Decreased By ▼ -0.49 (-1.89%)
WTL 1.18 Decreased By ▼ -0.02 (-1.67%)
BR100 8,993 Decreased By -91.6 (-1.01%)
BR30 26,948 Decreased By -683 (-2.47%)
KSE100 84,892 Decreased By -560.9 (-0.66%)
KSE30 26,939 Decreased By -210.5 (-0.78%)
Oct 11, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-09-04
Overseas Pakistanis Ombudsman to take up complaints via video link

Overseas Pakistanis Ombudsman to take up complaints via video link

Federal Ombudsman Pakistan Salman Farouqi has decided to hear complaints of overseas Pakistanis via video-link and Skype from countries where Pakistan Community Welfare Attaches (CWAs) are posted. Grievance Commissioner for Overseas Pakistanis and Senior
Published 04 Sep, 2016 12:00am
ICI Dulux launches new version of visualizer app

ICI Dulux launches new version of visualizer app

ICI Dulux recently launched the new version of its Visualizer app for iOS and Android which uses innovative technology to help consumers see, share and paint in their chosen colours in real time. Consumers can capture a video of their walls and experiment
Published 04 Sep, 2016 12:00am
Major recreational spots hit by PTI rally

Major recreational spots hit by PTI rally

The three major and most popular recreational places on the Mall including the Lahore Zoological Garden, Lahore Museum and Bagh-e-Jinnah remained closed because of the anti-government Ehtesab rally by the Pakistan Tehreek-e-Insaf party's chairman Imran Kh
Published 04 Sep, 2016 12:00am
Transfers, postings at LHC

Transfers, postings at LHC

Chief Justice of the Lahore High Court (LHC) has made transfers and postings among four Additional District and Sessions Judges (AD&SJs). According to a notification issued here Saturday AD&SJ Khadim Hussain has been transferred from Lahore to Jehlum, Was
Published 04 Sep, 2016 12:00am
Public service: New records to be set in two years: Shahbaz

Public service: New records to be set in two years: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif has said that new records of public service will be set during next two years. While talking to a delegation of PML-N activists, Shahbaz said that three-year performance of Pakistan Muslim League-N government
Published 04 Sep, 2016 12:00am
'CPEC enters into full implementation phase'

'CPEC enters into full implementation phase'

China-Pakistan Economic Corridor (CPEC) has entered into full implementation and is making smooth progress in general. The CPEC covered such wide-ranging areas as energy, roads, railways, ports, optic fiber, oil and gas pipelines and industrial parks, amo
Published 04 Sep, 2016 12:00am
Dar to chair SECP's seminar on Companies Bill 2016

Dar to chair SECP's seminar on Companies Bill 2016

The Securities and Exchange Commission of Pakistan (SECP) is organizing a national level seminar on the draft Companies Bill, 2016, on Monday, September 5, at a local hotel in Karachi. The event will be chaired by Finance Minister Ishaq Dar.
Published 04 Sep, 2016 12:00am
Koreja expelled from PAT

Koreja expelled from PAT

Pakistan Awami Tehreek (PAT) on Saturday expelled Aamir Koreja as party's Additional General Secretary. Koreja stated that he was removed from the party through a conspiracy. Koreja stated in a video message that PAT's anti-government movement cannot be s
Published 04 Sep, 2016 12:00am
Sindh to take up issue of 'textile city' with Centre: Wassan

Sindh to take up issue of 'textile city' with Centre: Wassan

Minister for Industries and Commerce Sindh, Manzoor Hussain Wassan has assured business community that the Sindh government will take-up the issue of textile city with federal government after consultation of Chief Minister. Addressing members of Site Ass
Published 04 Sep, 2016 12:00am
ECP refutes Imran's allegations

ECP refutes Imran's allegations

Election Commission of Pakistan Saturday rejected all the allegations leveled by Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan against the commission. "There is no truth in allegations of Imran Khan regarding the Election Commission," an ECP spokesma
Published 04 Sep, 2016 12:00am
Prices of pulses witness decline

Prices of pulses witness decline

The prices of all pulses have witnessed a decline in the wholesales and retail markets during this past week compared to preceding week, revealed a survey conducted by Business Recorder, here on Saturday. The survey noted that price of dal maash re
Published 04 Sep, 2016 12:00am
Cotton growers advised for timely measures
Cotton

Cotton growers advised for timely measures

The Punjab Agriculture Department (PAD) has advised the cotton growers of both traditional and BT varieties to carry out twice a week pest scouting of their fields to ensure eradication of insects. In an advisory issued here Saturday, the department asked
Published 04 Sep, 2016 12:00am
Local traders call for repair of Islamabad Dry Port

Local traders call for repair of Islamabad Dry Port

The local business community on Saturday called upon the government to issue instructions for urgent repair of Islamabad Dry Port main double road as its current dilapidated condition was a major hurdle in promoting export/import activities in the region.
Published 04 Sep, 2016 12:00am
Chinese investors show interest in KP

Chinese investors show interest in KP

A meeting of a Chinese delegation led by Dr Ishak Ding Hou Fei, Chairman of the Council on Islamic - Chinese relations was hosted by Khyber Pakhtunkhwa Economic Zones Development & Management Company, KPEZDMC at Pearl Continental, Peshawar. The 35 member
Published 04 Sep, 2016 12:00am
Woman anchor injured after falling from crane

Woman anchor injured after falling from crane

A female anchor of a private television channel sustained injuries after she fell from the crane while covering the Pakistan Tehreek-e-Insaf's (PTI) Pakiistan Ehtesab Rally in Lahore According to witnesses, the incident took place after the anchorperson,
Published 04 Sep, 2016 12:00am
'Country cannot afford protests, sit-ins any more'

'Country cannot afford protests, sit-ins any more'

Pakistan Muslim League-Nawaz (PML-N) on Saturday said the country cannot afford protests and sit-ins any more as these are major hindrances in the development process. The PML-N senior leader Mohammad Pervaiz Malik said the country has been put on the pat
Published 04 Sep, 2016 12:00am
US-backed Access alumni clean city beaches

US-backed Access alumni clean city beaches

Over 50 alumni and teachers of the US government-funded English Access Microscholarship Program (Access) came together on Friday to clean Karachi's beaches. American and Pakistani volunteers including the US Consul General Brian Heath and incoming Consul
Published 04 Sep, 2016 12:00am
Shell announces 'Once Upon A Bike' campaign

Shell announces 'Once Upon A Bike' campaign

Shell Pakistan on Saturday unveiled an exciting campaign for bike enthusiasts with the launch of Shell Advance 100 percent synthetic premium motorcycle engine oil. The campaign, named "Once Upon A Bike", is based on real consumer insights and encapsulates
Published 04 Sep, 2016 12:00am
HESCO conducts operations against defaulters

HESCO conducts operations against defaulters

The operation against defaulters and power theft of Hyderabad Electric Supply Company (HESCO) remain in full swing as special recovery teams disconnected 200 connections on charge of non payment of dues and removed 680 more illegal (Kunda) connections in
Published 04 Sep, 2016 12:00am
Security forces kill terrorist in Dera Bugti

Security forces kill terrorist in Dera Bugti

The security forces killed a terrorist and foiled a major terror bid by recovering a bomb in various districts of Balochistan on Saturday. Levies sources said that terrorists attacked the security forces in Siakho locality of Dera Bugti. The security forc
Published 04 Sep, 2016 12:00am
Registration process of IDPs to start from September 8

Registration process of IDPs to start from September 8

The Political Administration (PA) of Khyber Agency announced to start registration process for repatriation of around 5,000 families of five sub tribes of Bara tehsil to their hometowns in militancy hit Tirah Valley from September 8. The decision to send
Published 04 Sep, 2016 12:00am
Nisar claims those who attacked Christian Colony were foreigners

Nisar claims those who attacked Christian Colony were foreigners

Federal Interior Minister, Chaudhry Nisar Ali Khan on Saturday said that the four suicide bombers who attacked Peshawar's Christian Colony a day earlier were foreigners but it was yet to be ascertained which countries they belonged to. The interior minist
Published 04 Sep, 2016 12:00am
Pakistan to participate in IOWave16

Pakistan to participate in IOWave16

Pakistan will join over 20 other countries around the Indian Ocean Rim as a participant in mock tsunami scenarios on 7th and 8th September 2016. Pakistan will exercise the Makran Trench scenario on 8th September 2016. The purpose of this Indian Ocean-wide
Published 04 Sep, 2016 12:00am
Power Plant to be fully operational by 2018

Power Plant to be fully operational by 2018

The under-construction 1223 Mega Watt (MW) Balloki Combined Cycle Power Plant, having latest and environment-friendly 9-H gas turbine technology, will operate on full capacity by January 2018. Talking to media persons on Saturday, Acting General Manager (
Published 04 Sep, 2016 12:00am
Mardan court blast Lawyers observe strike accross KP

Mardan court blast Lawyers observe strike accross KP

A day after suicide attack at Mardan district court, lawyers' community across the province on Saturday observed complete strike, while business activities were remained standstill in district Mardan. The legal fraternity boycotted from courts, as announc
Published 04 Sep, 2016 12:00am
Ex-husband, father charged with UK woman's murder

Ex-husband, father charged with UK woman's murder

Police charged the ex-husband and father of a British woman believed to have been the victim of an "honour killing" with her murder on Saturday. Samia Shahid, a dual national, died in July during a visit to her family village in Punjab province. Her secon
Published 04 Sep, 2016 12:00am
KP relaxes NoC conditions for religious seminaries

KP relaxes NoC conditions for religious seminaries

KP Chief Minister Pervez Khattak has directed to relax the NoC condition for religious seminaries and ease out the process of renewal of registration within a time line. He also announced grant in aid for Rs 2 million of Bannu Press Club.
Published 04 Sep, 2016 12:00am
MQM-PSP clash in jail: 4 hurt

MQM-PSP clash in jail: 4 hurt

Four inmates were injured as activists of Muttahida Qaumi Movement (MQM) and Pak Sar Zameen Party (PSP) on Saturday reportedly clashed in central jail after indulge in heated arguments. Sources said exchanged of heated conversation between party workers i
Published 04 Sep, 2016 12:00am
Another MQM office bulldozed in Karachi

Another MQM office bulldozed in Karachi

Number of offices of Muttahida Qaumi Movement that have been razed in the metropolis reached 54 on Saturday after another was bulldozed in Azizabad area for illegal construction. As per details, unit 63-A office in Azizabad was built illegally on a piece
Published 04 Sep, 2016 12:00am
PIA convenes 4th meeting of Board of Directors

PIA convenes 4th meeting of Board of Directors

Pakistan International Airlines (PIA) held its 4th meeting of Board of Directors here on Saturday morning. The meeting was chaired by Chairman PIA, Azam Saigol. During the meeting matters relating to airline's operations and improving its profitability ca
Published 04 Sep, 2016 12:00am
Cattle market: arrangements made for supplying drinking water

Cattle market: arrangements made for supplying drinking water

In order to ensure supply of clean drinking water round-the-clock at Sohrab Goth Maveshi Mandi, services of Umer & Sons, leading drinking water consultants, have been obtained. 'As the Eid-ul-Azha is approaching and the number of visitors and traders has
Published 04 Sep, 2016 12:00am
TDAP to provide subsidized stalls at Intersec expo

TDAP to provide subsidized stalls at Intersec expo

Trade Development Authority of Pakistan (TDAP) will provide subsidized stalls to the participants in Intersec expo to be held from January 22 to 24, 2017 in Dubai. TDAP is providing subsidized stalls to increase exports of safety, security & fire protecti
Published 04 Sep, 2016 12:00am
TDAP to provide subsidized stalls at Intersec expo

TDAP to provide subsidized stalls at Intersec expo

Trade Development Authority of Pakistan (TDAP) will provide subsidized stalls to the participants in Intersec expo to be held from January 22 to 24, 2017 in Dubai. TDAP is providing subsidized stalls to increase exports of safety, security & fire protecti
Published 04 Sep, 2016 12:00am
Speakers concerned at country's 'poor' economic performance
Cotton

Speakers concerned at country's 'poor' economic performance

Speakers at a seminar said the overall economic performance of Pakistan remained far from satisfaction during last three years. Economist Dr Shahid Hassan Siddiqui said the average GDP growth rate of the country during these three years is lower than the
Published 04 Sep, 2016 12:00am
Hot, dry weather forecast

Hot, dry weather forecast

The Met Office on Saturday forecast hot and dry weather for the most parts of country in the next 24 hours. "Continental air is prevailing over most parts of the country," it said in its weather synopsis, predicting the hot and dry was expected to continu
Published 04 Sep, 2016 12:00am
Demise of Uzbek president Rauf Alam expresses sorrow

Demise of Uzbek president Rauf Alam expresses sorrow

Abdul Rauf Alam, President ECO Chamber of Commerce expressed his deep sorrow over the sad demise of the President Uzbekistan Islam Karimov and declared it a national loss of Uzbekistan which is a populous nation of Central Asia. He said that Islam Karimov
Published 04 Sep, 2016 12:00am
Manchar Lake: Committee reviews health issues of fishermen

Manchar Lake: Committee reviews health issues of fishermen

A committee headed by the Commissioner Hyderabad, Qazi Shahid Pervez reviewed and discussed the health issues of the fishermen of Manchar Lake here at the Deputy Commissioner's Camp Office Sehwan. The committee, formed after taking over the notice of the
Published 04 Sep, 2016 12:00am
Media houses: ATC sends 10 MQM workers to jail

Media houses: ATC sends 10 MQM workers to jail

As many as ten workers of Muttahida Qaumi Movement (MQM) were sent to jail on Saturday over accusations of treason and attack on media houses in Karachi. The accused were produced before Anti-Terrorism Court (ATC) for hearing during which, the investigati
Published 04 Sep, 2016 12:00am
Chairman UBG for jointly highlighting issues

Chairman UBG for jointly highlighting issues

Chairman United Business Group (UBG) and Vice President, SAARC Chamber of Commerce and Industry Iftikhar Ali Malik has advised business community to be united under the banner of UBG to get their issued resolved. Leaving for Hajj, he stressed the need to
Published 04 Sep, 2016 12:00am
Massive under-invoicing in imports still unabated: PBC

Massive under-invoicing in imports still unabated: PBC

Following the massive under invoicing and miss-reporting in the imports, the unexplained imports from China has stretched to US $5.4 billion in 2015. This was disclosed in a brief analysis 2016 compiled by Pakistan Business Council (PBC) in light of selec
Published 04 Sep, 2016 12:00am
Plight of Baloch people

Plight of Baloch people

Balochistan has the lowest literacy and highest infant mortality rate among all provinces of Pakistan. Despite its rich natural resources, the people of Balochistan suffer from lack of basic necessities such as clean drinking water, healthcare facilities
Published 04 Sep, 2016 12:00am
Balkan countries contest Saint Teresa's heritage

Balkan countries contest Saint Teresa's heritage

When Pope Francis canonises Mother Teresa on Sunday, two Balkan countries will be celebrating the sainthood of a woman they both fiercely claim as their own. While she is famed for her work with the poor in the Indian city of Kolkata, the late missionary'
Published 04 Sep, 2016 12:00am
Climate pact: After years of talk, focus shifts to action

Climate pact: After years of talk, focus shifts to action

Eight months after 195 nations concluded a hard-fought climate rescue pact, pressure is mounting to put its carbon-cutting promises into action as world leaders gather at G20 and UN meetings this month. The historic deal reached in Paris in December has b
Published 04 Sep, 2016 12:00am
OBOR & CPEC - I

OBOR & CPEC - I

While the US, the UK, France and some other developed countries are trying to hide behind anti-globalization actions; One Belt and One Road (OBOR) of China symbolises physical form of globalization. It will truly be a phenomenal miracle for communication,
Published 04 Sep, 2016 12:00am
US-India partnership and regional peace

US-India partnership and regional peace

While the US-India Strategic and Commercial Dialogue went on both in Washington and New Delhi, speaking in the Indian capital on Wednesday US Secretary of State John Kerry made remarks that will not help the cause of peace and stability in the region. Alt
Published 04 Sep, 2016 12:00am
Saudi prince in Pakistan

Saudi prince in Pakistan

Saudi Deputy Crown Prince, Second Deputy Premier and Minister of Defence Muhammad bin Salman paid a flying visit to Islamabad en route to East Asia on the invitation of the Pakistan government, during which he had one-to-one meetings with Prime Minister N
Published 04 Sep, 2016 12:00am
Turkish tanks roll into Syria

Turkish tanks roll into Syria

Turkey and its rebel allies opened up a new line of attack in northern Syria on Saturday as Turkish tanks crossed the frontier from Kilis province, making a western thrust in an operation to sweep militants from its border. The incursion from Kilis - whic
Published 04 Sep, 2016 12:00am
Turkish tanks roll into Syria

Turkish tanks roll into Syria

Turkey and its rebel allies opened up a new line of attack in northern Syria on Saturday as Turkish tanks crossed the frontier from Kilis province, making a western thrust in an operation to sweep militants from its border. The incursion from Kilis - whic
Published 04 Sep, 2016 12:00am
New Gepco CEO faces dogged resistance

New Gepco CEO faces dogged resistance

Gujranwala Electric Power Company (Gepco) has reportedly refused to accept newly-appointed Muzzafar Abbasi as Chief Executive Officer (CEO) who is facing corruption references in Anti-Corruption Court of Multan and Hyderabad, well-informed sources in the
Published 04 Sep, 2016 12:00am
New Gepco CEO faces dogged resistance

New Gepco CEO faces dogged resistance

Gujranwala Electric Power Company (Gepco) has reportedly refused to accept newly-appointed Muzzafar Abbasi as Chief Executive Officer (CEO) who is facing corruption references in Anti-Corruption Court of Multan and Hyderabad, well-informed sources in the
Published 04 Sep, 2016 12:00am
New Gepco CEO faces dogged resistance

New Gepco CEO faces dogged resistance

Gujranwala Electric Power Company (Gepco) has reportedly refused to accept newly-appointed Muzzafar Abbasi as Chief Executive Officer (CEO) who is facing corruption references in Anti-Corruption Court of Multan and Hyderabad, well-informed sources in the
Published 04 Sep, 2016 12:00am
Search for US climbers: Pakistan deploys helicopter

Search for US climbers: Pakistan deploys helicopter

Pakistan stepped up its search for two Americans climbers on Saturday, deploying army helicopters to find the pair who went missing six days ago while trying to summit a mountain in the country's far north. Kyle Dempster and Scott Adamson began their asce
Published 04 Sep, 2016 12:00am
Search for US climbers: Pakistan deploys helicopter

Search for US climbers: Pakistan deploys helicopter

Pakistan stepped up its search for two Americans climbers on Saturday, deploying army helicopters to find the pair who went missing six days ago while trying to summit a mountain in the country's far north. Kyle Dempster and Scott Adamson began their asce
Published 04 Sep, 2016 12:00am
Poland urges Britain to fight xenophobia after Pole's murder

Poland urges Britain to fight xenophobia after Pole's murder

Poland on Saturday urged Britain to keep residents safe from xenophobia as British police probed the murder of a Pole they believe could be the victim of a hate crime. "We're counting on the British government and authorities responsible for the safety of
Published 04 Sep, 2016 12:00am
Poland urges Britain to fight xenophobia after Pole's murder

Poland urges Britain to fight xenophobia after Pole's murder

Poland on Saturday urged Britain to keep residents safe from xenophobia as British police probed the murder of a Pole they believe could be the victim of a hate crime. "We're counting on the British government and authorities responsible for the safety of
Published 04 Sep, 2016 12:00am
Myanmar peace summit ends with long road ahead

Myanmar peace summit ends with long road ahead

Myanmar's Aung San Suu Kyi concluded a landmark peace summit with ethnic rebels on Saturday, calling it the first step in what promises to be a tough road to peace in a country riven by civil wars since its birth. The conference in the capital Naypyidaw i
Published 04 Sep, 2016 12:00am
Myanmar peace summit ends with long road ahead

Myanmar peace summit ends with long road ahead

Myanmar's Aung San Suu Kyi concluded a landmark peace summit with ethnic rebels on Saturday, calling it the first step in what promises to be a tough road to peace in a country riven by civil wars since its birth. The conference in the capital Naypyidaw i
Published 04 Sep, 2016 12:00am
Indo-US ties, trilateral setup aimed at countering rising China: Senator

Indo-US ties, trilateral setup aimed at countering rising China: Senator

The enhanced Indo-US strategic ties including the planned revival of the trilateral setup between the US, India and Afghanistan is being viewed in Pakistan as part of US strategy to contain the increasing economic and military power of China in the region
Published 04 Sep, 2016 12:00am
Indo-US ties, trilateral setup aimed at countering rising China: Senator

Indo-US ties, trilateral setup aimed at countering rising China: Senator

The enhanced Indo-US strategic ties including the planned revival of the trilateral setup between the US, India and Afghanistan is being viewed in Pakistan as part of US strategy to contain the increasing economic and military power of China in the region
Published 04 Sep, 2016 12:00am
Bangladesh hangs top financier of JI

Bangladesh hangs top financier of JI

Bangladesh hanged a wealthy tycoon and top financial backer of its largest Islamist party late Saturday for war crimes, dealing a massive blow to the group's ambitions in the Muslim-majority nation. Mir Quasem Ali, a key leader of the Jamaat-i-Islami part
Published 04 Sep, 2016 12:00am
Bangladesh hangs top financier of JI

Bangladesh hangs top financier of JI

Bangladesh hanged a wealthy tycoon and top financial backer of its largest Islamist party late Saturday for war crimes, dealing a massive blow to the group's ambitions in the Muslim-majority nation. Mir Quasem Ali, a key leader of the Jamaat-i-Islami part
Published 04 Sep, 2016 12:00am
Government grants tax neutrality to Sukuk

Government grants tax neutrality to Sukuk

In a landmark decision, the government, on the recommendations of the Securities and Exchange Commission of Pakistan (SECP), has accorded tax neutrality to sukuk by allowing certain tax exemptions that were earlier available only to conventional securitiz
Published 04 Sep, 2016 12:00am
Government grants tax neutrality to Sukuk

Government grants tax neutrality to Sukuk

In a landmark decision, the government, on the recommendations of the Securities and Exchange Commission of Pakistan (SECP), has accorded tax neutrality to sukuk by allowing certain tax exemptions that were earlier available only to conventional securitiz
Published 04 Sep, 2016 12:00am
Government grants tax neutrality to Sukuk

Government grants tax neutrality to Sukuk

In a landmark decision, the government, on the recommendations of the Securities and Exchange Commission of Pakistan (SECP), has accorded tax neutrality to sukuk by allowing certain tax exemptions that were earlier available only to conventional securitiz
Published 04 Sep, 2016 12:00am
Government grants tax neutrality to Sukuk

Government grants tax neutrality to Sukuk

In a landmark decision, the government, on the recommendations of the Securities and Exchange Commission of Pakistan (SECP), has accorded tax neutrality to sukuk by allowing certain tax exemptions that were earlier available only to conventional securitiz
Published 04 Sep, 2016 12:00am
Cotton production estimates may be revised downward
Cotton

Cotton production estimates may be revised downward

The Cotton Crop Assessment Committee (CCAC) is likely to downward revise cotton production estimates by around 1.6 million bales for the current season (2016-17), it is learnt. Official sources told Business Recorder that cotton sowing target has b
Published 04 Sep, 2016 12:00am
Cotton production estimates may be revised downward
Cotton

Cotton production estimates may be revised downward

The Cotton Crop Assessment Committee (CCAC) is likely to downward revise cotton production estimates by around 1.6 million bales for the current season (2016-17), it is learnt. Official sources told Business Recorder that cotton sowing target has b
Published 04 Sep, 2016 12:00am
Cotton production estimates may be revised downward
Cotton

Cotton production estimates may be revised downward

The Cotton Crop Assessment Committee (CCAC) is likely to downward revise cotton production estimates by around 1.6 million bales for the current season (2016-17), it is learnt. Official sources told Business Recorder that cotton sowing target has b
Published 04 Sep, 2016 12:00am
Neelum Jhelum hydro company: project director quits

Neelum Jhelum hydro company: project director quits

Project Director Neelum Jhelum Hydro Power Company, Lieutenant General Muhammad Zubair (Retd) has resigned days after appointment of new Chairman Wapda Lieutenant General Muzammal Hussain (Retd). Zubair who was associated with the project for the last six
Published 04 Sep, 2016 12:00am
Neelum Jhelum hydro company: project director quits

Neelum Jhelum hydro company: project director quits

Project Director Neelum Jhelum Hydro Power Company, Lieutenant General Muhammad Zubair (Retd) has resigned days after appointment of new Chairman Wapda Lieutenant General Muzammal Hussain (Retd). Zubair who was associated with the project for the last six
Published 04 Sep, 2016 12:00am
Neelum Jhelum hydro company: project director quits

Neelum Jhelum hydro company: project director quits

Project Director Neelum Jhelum Hydro Power Company, Lieutenant General Muhammad Zubair (Retd) has resigned days after appointment of new Chairman Wapda Lieutenant General Muzammal Hussain (Retd). Zubair who was associated with the project for the last six
Published 04 Sep, 2016 12:00am
PTI takes to the streets to strengthen institutions: Imran

PTI takes to the streets to strengthen institutions: Imran

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Saturday said that if Nawaz Sharif managed to escape the Panama Leaks probe, this time, he would ruin the remaining institutions of the country. "You think you will do corruption and we will forget," r
Published 04 Sep, 2016 12:00am
PTI takes to the streets to strengthen institutions: Imran

PTI takes to the streets to strengthen institutions: Imran

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan on Saturday said that if Nawaz Sharif managed to escape the Panama Leaks probe, this time, he would ruin the remaining institutions of the country. "You think you will do corruption and we will forget," r
Published 04 Sep, 2016 12:00am
15-day deadline set for replies: FBR chief

15-day deadline set for replies: FBR chief

The Federal Board of Revenue (FBR) Chairman Nisar Muhammad Khan on Saturday said that FBR has issued notices to hundreds of people named by the Panama leaks for their offshore asset holdings. The federal tax collector acted under Section 176 of Income Tax
Published 04 Sep, 2016 12:00am
15-day deadline set for replies: FBR chief

15-day deadline set for replies: FBR chief

The Federal Board of Revenue (FBR) Chairman Nisar Muhammad Khan on Saturday said that FBR has issued notices to hundreds of people named by the Panama leaks for their offshore asset holdings. The federal tax collector acted under Section 176 of Income Tax
Published 04 Sep, 2016 12:00am
15-day deadline set for replies: FBR chief

15-day deadline set for replies: FBR chief

The Federal Board of Revenue (FBR) Chairman Nisar Muhammad Khan on Saturday said that FBR has issued notices to hundreds of people named by the Panama leaks for their offshore asset holdings. The federal tax collector acted under Section 176 of Income Tax
Published 04 Sep, 2016 12:00am
Panama Papers: FBR issues notices to PM''s children

Panama Papers: FBR issues notices to PM''s children

The Federal Board of Revenue (FBR) has issued notices to around 600 owners of offshore companies whose names were appeared in the Panama Papers, including the family members of Prime Minister Nawaz Sharif. Official sources told Business Recorder th
Published 04 Sep, 2016 12:00am
Panama Papers: FBR issues notices to PM's children

Panama Papers: FBR issues notices to PM's children

The Federal Board of Revenue (FBR) has issued notices to around 600 owners of offshore companies whose names were appeared in the Panama Papers, including the family members of Prime Minister Nawaz Sharif. Official sources told Business Recorder th
Published 04 Sep, 2016 12:00am
Panama Papers: FBR issues notices to PM's children

Panama Papers: FBR issues notices to PM's children

The Federal Board of Revenue (FBR) has issued notices to around 600 owners of offshore companies whose names were appeared in the Panama Papers, including the family members of Prime Minister Nawaz Sharif. Official sources told Business Recorder th
Published 04 Sep, 2016 12:00am
Protestors join March for Europe in London

Protestors join March for Europe in London

Up to 2,000 protestors marched through the streets of London Saturday to voice their discontent after June's referendum vote to leave the European Union. The protestors, some carrying EU flags and others with faces painted in EU colours, carried placards
Published 04 Sep, 2016 12:00am
Protestors join March for Europe in London

Protestors join March for Europe in London

Up to 2,000 protestors marched through the streets of London Saturday to voice their discontent after June's referendum vote to leave the European Union. The protestors, some carrying EU flags and others with faces painted in EU colours, carried placards
Published 04 Sep, 2016 12:00am
Panama Leaks: JI challenges objection raised by SC Registrar

Panama Leaks: JI challenges objection raised by SC Registrar

Jamaat-i-Islami Saturday challenged the objection raised by Registrar Office on a plea of JI Chief Sirajul Haq seeking the court directives to the federal government to initiate an inquiry into Panama Leaks. On August 24, making the Federation of Pakistan
Published 04 Sep, 2016 12:00am
Panama Leaks: JI challenges objection raised by SC Registrar

Panama Leaks: JI challenges objection raised by SC Registrar

Jamaat-i-Islami Saturday challenged the objection raised by Registrar Office on a plea of JI Chief Sirajul Haq seeking the court directives to the federal government to initiate an inquiry into Panama Leaks. On August 24, making the Federation of Pakistan
Published 04 Sep, 2016 12:00am
Energy situation has improved a lot, claims Nawaz

Energy situation has improved a lot, claims Nawaz

Prime Minister Nawaz Sharif on Saturday said that electricity load-shedding situation has improved a lot and 2018 will be the year of elimination of power outages. Addressing a gathering after inaugural ceremony of 40-megawatt coal-fired power plant in Fa
Published 04 Sep, 2016 12:00am
Energy situation has improved a lot, claims Nawaz

Energy situation has improved a lot, claims Nawaz

Prime Minister Nawaz Sharif on Saturday said that electricity load-shedding situation has improved a lot and 2018 will be the year of elimination of power outages. Addressing a gathering after inaugural ceremony of 40-megawatt coal-fired power plant in Fa
Published 04 Sep, 2016 12:00am
Energy situation has improved a lot, claims Nawaz

Energy situation has improved a lot, claims Nawaz

Prime Minister Nawaz Sharif on Saturday said that electricity load-shedding situation has improved a lot and 2018 will be the year of elimination of power outages. Addressing a gathering after inaugural ceremony of 40-megawatt coal-fired power plant in Fa
Published 04 Sep, 2016 12:00am
Trudeau warns against dangerous protectionist mood

Trudeau warns against dangerous protectionist mood

World leaders need to push back against a tide of "rampant" protectionism and nationalism, Canadian premier Justin Trudeau said Saturday, warning that "building walls" was not the solution. The global economy is not working for too many people, Trudeau sa
Published 04 Sep, 2016 12:00am
Trudeau warns against dangerous protectionist mood

Trudeau warns against dangerous protectionist mood

World leaders need to push back against a tide of "rampant" protectionism and nationalism, Canadian premier Justin Trudeau said Saturday, warning that "building walls" was not the solution. The global economy is not working for too many people, Trudeau sa
Published 04 Sep, 2016 12:00am
EU and neighbouring states join global aviation emissions pact

EU and neighbouring states join global aviation emissions pact

The European Union and 16 surrounding countries including Turkey, Ukraine and Georgia, said on Saturday they would join the first phase of a UN-brokered deal to limit carbon emissions from international flights, following a similar pledge by China and the
Published 04 Sep, 2016 12:00am
Previous Day