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Print - 2016-09-06
Dewan Motors signs toll manufacturing deal

Dewan Motors signs toll manufacturing deal

Dewan Farooque Motors Limited has entered into a toll manufacturing agreement with Daehan, Dewan Motor Company (Pvt) Limited, said a stock filing on Monday. The price-sensitive inside information, which was disseminated by Dewan's company Secretary Muhamm
Published 06 Sep, 2016 12:00am
Textile machinery import surges to $44.692 million

Textile machinery import surges to $44.692 million

The country's textile machinery import surged to $44.692 million in the first month (July) of fiscal year 2016-17, up by 29 percent, official figures say. Thus, the growth in textile machinery import stands at $9.994 million in July 2016-17 as compared to
Published 06 Sep, 2016 12:00am
BoDs Tevta empowered to nominate vice chairman

BoDs Tevta empowered to nominate vice chairman

Chief Minister Khyber Pakhtunkhwa Pervez Khattak empowered the Board of Directors of TEVTA to nominate its vice chairman and recommend its Managing Director to make the body physically, legally operational. The body would be fully independent in its decis
Published 06 Sep, 2016 12:00am
Country's strong defence ensured peace in South Asia: Prime Minister

Country's strong defence ensured peace in South Asia: Prime Minister

Prime Minister Nawaz Sharif has said that Pakistan's defence capabilities meet the contemporary needs as its strong defence has ensured peace in South Asia. "We do not want to join the arms race in the region, however, will continue to maintain a strategi
Published 06 Sep, 2016 12:00am
Fatemi seeks NSG membership support

Fatemi seeks NSG membership support

Special Assistant to the Prime Minister on Foreign Affairs, Syed Tariq Fatemi, visited Brussels on Monday as the Prime Minister's Special Envoy. During the visit, Fatemi held meetings with Didier Reynders, Deputy Prime Minister and Minister of Foreign Aff
Published 06 Sep, 2016 12:00am
Technical & vocational sector Chinese team, NAVTTC discuss collaboration

Technical & vocational sector Chinese team, NAVTTC discuss collaboration

To enhance cooperation and boost collaboration in various areas of technical and vocational sector, a meeting was held with a Chinese delegation from Tianjin Development and Reform Commission, China under the chairmanship of the Executive Director NAVTTC,
Published 06 Sep, 2016 12:00am
Mastercard collaborates with Inov8 Limited to boost digital payment

Mastercard collaborates with Inov8 Limited to boost digital payment

Demonstrating a shared commitment towards nurturing a strong cashless environment in Pakistan, Mastercard, a leading technology company in the global payments industry, and Inov8 Limited, one of the fastest growing financial technology companies in the re
Published 06 Sep, 2016 12:00am
Combing operations: three TTP terrorists killed, 98 suspects held

Combing operations: three TTP terrorists killed, 98 suspects held

Three alleged terrorists of the TTP were killed while 98 suspects including two criminals arrested during combing operations conducted from April 30 to September 3, 2016 in Hyderabad district. The district police along with law enforcement agencies carrie
Published 06 Sep, 2016 12:00am
Bahawalpur vet university project reviewed

Bahawalpur vet university project reviewed

The University of Veterinary and Animal Sciences Lahore has organised second meeting of steering committee on the "Establishment of the University of Veterinary and Animal Sciences Bahawalpur," here on Monday. Speaking on the occasion, MPA Chaudhry Khalid
Published 06 Sep, 2016 12:00am
Bahrain's Al Baraka to merge unit with Burj Bank

Bahrain's Al Baraka to merge unit with Burj Bank

Bahrain-based Al Baraka Banking Group, one of the Gulf's top Islamic banks, said its Pakistani unit would merge with Pakistan's Burj Bank to create an institution with assets totalling more than $1.1 billion. The merger, which was approved by shareholders
Published 06 Sep, 2016 12:00am
Entangled Indus dolphin rescued, released into waters

Entangled Indus dolphin rescued, released into waters

Four-feet long, weighing 16.5 kilograms, a male Indus River Dolphin, which had accidentally trapped into a fisherman's net at Dadu Canal, was released unhurt, WWF-Pakistan said on Monday. In a joint effort with The Sindh Wildlife Department and local fish
Published 06 Sep, 2016 12:00am
Foreign investor links investment to law, order

Foreign investor links investment to law, order

A prominent business figure of United Arab Emirates (UAE) and Chairman of Al-Zarooni Foundation, Suhail Mohd Al-Zarooni has said that the socio-economic development of the country was closely linked with law and order situation hence, the government of Pa
Published 06 Sep, 2016 12:00am
Importers buy 66,000 tonnes of soybeans from US

Importers buy 66,000 tonnes of soybeans from US

Importers have recently purchased about 66,000 tonnes of soybeans to be sourced from the US Gulf, European traders said on Monday. The soybeans are for shipment between November and December, they said. Pakistan has been a heavy buyer of soybeans from Nor
Published 06 Sep, 2016 12:00am
NFC: Siraj urges government to include AJK, G-B

NFC: Siraj urges government to include AJK, G-B

Jamaat-e-Islami (JI) Chief Siraj-ul-Haq has urged the federal government to fix share of Azad Jammu and Kashmir (AJ&K) and Gilgit-Baltistan (G-B) in National Finance Commission (NFC) Award to remove sense of deprivation among the people of the regions.
Published 06 Sep, 2016 12:00am
BIEK pre-medical group exams: Girls grab all top positions

BIEK pre-medical group exams: Girls grab all top positions

Girls grabbed all the top positions in the Board of Intermediate Education Karachi (BIEK) HSC Part II Annual Examinations- 2016 of Science Pre-Medical Group. The Controller of Examinations of the BIEK announced the result on Monday. A total of 21,106 cand
Published 06 Sep, 2016 12:00am
EDB affairs AGP hasn't conducted audit for six years

EDB affairs AGP hasn't conducted audit for six years

The Auditor General of Pakistan has not conducted an audit of Engineering Development Board (EDB) for the last six years despite massive alleged financial irregularities. Well-informed sources told Business Recorder that the Auditor General last co
Published 06 Sep, 2016 12:00am
Corporate governance: Owners of NLCs urged to establish framework

Corporate governance: Owners of NLCs urged to establish framework

The Securities and Exchange Commission of Pakistan (SECP) has proposed that the owners of Non-Listed Companies (NLCs) may establish a basic framework of corporate governance through the company's constitutive documents (eg Articles of Associations). The S
Published 06 Sep, 2016 12:00am
Lenovo launches thinnest tablet

Lenovo launches thinnest tablet

Lenovo launched the Yoga Book, the world's thinnest and lightest 2-in-1 tablet, designed for unmatched productivity while on-the-go. Built for mobility and to solve the most common challenge among tablet users; how to achieve productivity and entertainmen
Published 06 Sep, 2016 12:00am
Sindh resources may help resolve energy crisis: SBI chief

Sindh resources may help resolve energy crisis: SBI chief

Chairperson Sindh Board of Investment (SBI), Naheed Memon said that the Sindh province got the resources which may help resolve energy crisis in the country. Speaking at a seminar on renewable energy organized by famous company of Denmark, Ramball, she sa
Published 06 Sep, 2016 12:00am
Electronic Import Form Module launched in WeBOC

Electronic Import Form Module launched in WeBOC

In order to effectively monitor imports into Pakistan, the State Bank of Pakistan and Pakistan Customs have successfully launched and implemented Electronic Import Form (EIF) Module in WeBOC (Web Based One Customs), the IT system of Pakistan Customs w.e.f
Published 06 Sep, 2016 12:00am
Ministry won't appoint Abbasi as Gepco CEO

Ministry won't appoint Abbasi as Gepco CEO

Ministry of Water and Power has reportedly decided not to appoint Muzaffar Abbasi as Chief Executive Officer (CEO), Gujranlwala Electric Power Company, after he allegedly concealed facts about his references in NAB courts and FIA, well informed sources to
Published 06 Sep, 2016 12:00am
Islamic finance an alternative to conventional financial system?

Islamic finance an alternative to conventional financial system?

Shaikh Mufti Taqi Usmani chairman Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) said on Monday that Islamic finance as an alternative of conventional is not the right approach. While, addressing as keynote speaker at Wor
Published 06 Sep, 2016 12:00am
Government initiating downsizing plan in PIA?

Government initiating downsizing plan in PIA?

Following the enforcement of the Pakistan Essential Services (Maintenance) Act, 1952 (LIII of 1952) again in Pakistan International Airlines Corporation Limited (PIACL) for six months, the federal government is said to initiate working on downsizing plan
Published 06 Sep, 2016 12:00am
Hajj operation: 24,547 pilgrims immunised against polio

Hajj operation: 24,547 pilgrims immunised against polio

In-Charge of Polio vaccination center at Haji camp Hayatabad Hazir Mohammad Khan said that Khyber Pakhtunkhwa Polio Emergency Operation center has immunized 24,547 intending pilgrims in last 42 days of Hajj operation. In statement, he added that Hajj flig
Published 06 Sep, 2016 12:00am
PTI questions integrity, impartiality of NA Speaker

PTI questions integrity, impartiality of NA Speaker

Pakistan Tehreek-e-Insaf on Monday questioned integrity and impartiality of Speaker National Assembly Sardar Ayaz Sadiq for sending references against Imran Khan and Jahangir Tareen to Election Commission of Pakistan for their disqualification from the ho
Published 06 Sep, 2016 12:00am
Islamic banking a growing reality: Wathra

Islamic banking a growing reality: Wathra

Governor State Bank of Pakistan (SBP) Ashraf Mehmood Wathra said on Monday that the ability of Islamic finance to introduce greater discipline into financial system owing to its inherent strengths is relatively more stable and resilient. "Despite its impr
Published 06 Sep, 2016 12:00am
Implementation of NAP: Senators blame provinces for lack of progress

Implementation of NAP: Senators blame provinces for lack of progress

The lawmakers in Senate on Monday blamed provincial governments for lack of progress on implementation of National Action Plan (NAP) as well no effective coordination among intelligence agencies for Quetta carnage. Speaking on a resolution that was unanim
Published 06 Sep, 2016 12:00am
Reading habit plays pivotal role in building academic skills: MUET VC

Reading habit plays pivotal role in building academic skills: MUET VC

The reading habit plays pivotal role in building the academic skills of the future generation and there is the need of setting up libraries in the academic institutions so that the students could develop their proficiency in the related subjects. These vi
Published 06 Sep, 2016 12:00am
During 2015-16: exports decreased due to variety of reasons
Currency

During 2015-16: exports decreased due to variety of reasons

Pakistan's exports have decreased from $24.58 billion in 2012-13 to $20.8 billion in 2015-16 due to low investment in export sector, lack of value addition, narrow export basket, economic slowdown and other factors. Minister for Commerce Khurram Dastgir K
Published 06 Sep, 2016 12:00am
PCG nabs 68 illegal immigrants in Gwadar

PCG nabs 68 illegal immigrants in Gwadar

Pakistan Coast Guards (PCG) arrested 68 illegal immigrants including three foreigners while trying to enter into Iran here on Monday. According to spokesman, the PCG during investigation at Jivani and Shahjahan check posts in Gwadar arrested 68 illegal im
Published 06 Sep, 2016 12:00am
Electronic I form hurts trade, imports: KATI

Electronic I form hurts trade, imports: KATI

President of Korangi Association of Trade & Industry (KATI) Zahid Saeed has demanded of the government to delay implementation of electronic I form until removal of technical ambiguities as it hurt trading and import activities. He said the process of con
Published 06 Sep, 2016 12:00am
Lawyers' strike continues in Lahore

Lawyers' strike continues in Lahore

The legal fraternity here on Monday continued its strike in the lower courts on the call of Pakistan Bar Council to condemn the suicide attack on Mardan district courts. Pakistan Bar Council had demanded the government to take all possible steps to provid
Published 06 Sep, 2016 12:00am
Workshop on 'women business need assessment' held

Workshop on 'women business need assessment' held

Women Business Development Centre (WBDC), Peshawar in collaboration with Women Chamber of Commerce and Industry (WCCI) organized a one-day workshop on "Women Business Need Assessment" at IMSciences, here on Monday. WCCI President Nasira Lugmani presided o
Published 06 Sep, 2016 12:00am
US think tank denies change in policy towards Pakistan

US think tank denies change in policy towards Pakistan

Scholar belonging to one of United States think tanks, Nicholas Field on Monday denied reports of any change in state's policies towards India and Pakistan amidst growing US-India ties. Reportedly, Field has stated that Pakistan is a key player in the reg
Published 06 Sep, 2016 12:00am
Pesco team nabs 127 illegal connections

Pesco team nabs 127 illegal connections

The surveillance team of Peshawar Electricity Supply Company (Pesco) nabbed 127 more illegal connections during raids in Khyber Circle, Swat Circle and Mardan. The surveillance team checked various premises in Lala sub-division in the areas of New City Ho
Published 06 Sep, 2016 12:00am
Prime Minister to highlight Kashmir issue at UNGA session

Prime Minister to highlight Kashmir issue at UNGA session

The issue of Kashmir and the ongoing Indian security forces brutality against Kashmiris would dominate Prime Minister Nawaz Sharif's address to the 71th session of United Nations General Assembly in New York. According to official sources, the PM would le
Published 06 Sep, 2016 12:00am
Pro Farmer sees record US corn, soya crops, but below USDA view

Pro Farmer sees record US corn, soya crops, but below USDA view

Bumper corn and soyabean crops are expected in the United States this fall but the harvests will likely fall short of records projected by the US government, according to estimates released on Friday from farm advisory service Pro Farmer at the end of its
Published 06 Sep, 2016 12:00am
Shanghai copper little changed

Shanghai copper little changed

Shanghai Futures Exchange copper ended little changed at 36,510 yuan ($5,469) a tonne on Monday. ShFE nickel and ShFE tin traded up 1 percent as metals with tighter supply continue to outperform as investors bet that more mine supply would drag on prices
Published 06 Sep, 2016 12:00am
Copper near two-month low on rising stocks; zinc shines

Copper near two-month low on rising stocks; zinc shines

Copper traded near two-month lows on Monday as rising inventories weighed on long-term sentiment, while zinc scaled 15-month highs. Benchmark copper on the London Metal Exchange closed 0.1 percent lower at $4,625 a tonne. The metal used in construction an
Published 06 Sep, 2016 12:00am
Oil pares gains after one week-high as Russia-Saudi Arabia sign pact

Oil pares gains after one week-high as Russia-Saudi Arabia sign pact

  • Crude oil futures touched a one-week high before paring gains on Monday after top producers Russia and Saudi Arabia confirmed they had agreed to cooperate on stabilising the oil market, and raised hopes of limiting output in the future. Brent crude futu
Published 06 Sep, 2016 12:00am
Rubber rises

Rubber rises

Benchmark Tokyo rubber futures rose to a 3-week high on Monday, extending gains into a third session amid light trade, as the yen's drop last week and firmer Shanghai futures lent support to market sentiment. The Tokyo Commodity Exchange (TOCOM) rubber co
Published 06 Sep, 2016 12:00am
Palm oil climbs to near three-week high

Palm oil climbs to near three-week high

Malaysian palm oil futures hit their highest in nearly three weeks on Monday, rising for a second session, as tight supplies and a firmer overseas palm olein market underpinned prices. Benchmark palm oil futures for November on the Bursa Malaysia Derivati
Published 06 Sep, 2016 12:00am
Robusta coffee sets 18-month high on tightening supplies
Currency

Robusta coffee sets 18-month high on tightening supplies

Robusta coffee futures rose to an 18-month high on Monday, boosted by tightening supplies in thin trading conditions with US markets shut for the Labour Day holiday. November robusta coffee ended $12 or 0.6 percent higher at $1,877 per tonne. The benchmar
Published 06 Sep, 2016 12:00am
Gold moves up in Asia

Gold moves up in Asia

Gold rose on Monday as the dollar slid after a weaker-than-expected US jobs data trimmed expectations of a Federal Reserve rate hike in September. US employment growth slowed more than expected in August after two straight months of robust gains and wages
Published 06 Sep, 2016 12:00am
Gold soars in Europe
Currency

Gold soars in Europe

Gold rose on Monday as the dollar slipped on receding expectations of an imminent US interest rate rise after lower than expected jobs numbers from the United States last week. Spot gold was up 0.2 percent at $1,326.10 an ounce by 1500 GMT. The precious m
Published 06 Sep, 2016 12:00am
Health ministry decision makes zero ergot Egypt's new normal

Health ministry decision makes zero ergot Egypt's new normal

Egypt's health ministry banned wheat with any ergot fungus on Monday, a decision traders said signals the zero tolerance policy that wreaked havoc on the country's grain purchases earlier this year is back to stay. The decree, seen by Reuters, brings the
Published 06 Sep, 2016 12:00am
Revolution of power

Revolution of power

This is apropos a Business Recorder editorial "Transfer of powers to provinces" carried by the newspaper recently. The leader has rightly argued that "the verve and vigour injected into the 18th Constitutional Amendment to help equip federating uni
Published 06 Sep, 2016 12:00am
We need another September 6 moment

We need another September 6 moment

The ideals expressed by our founding fathers still remain an elusive dream. Among the numerous challenges Pakistan is facing today, terrorism, religious extremism are competing with corruption, increasing gap between rich and poor, illiteracy, poverty, et
Published 06 Sep, 2016 12:00am
An elite flirting with annihilation

An elite flirting with annihilation

Marc-Andre Franche, the outgoing country director UNDP for Pakistan for the last four years, has delivered a damning indictment of Pakistan's elite in a 'parting' interview with this paper, published on August 24. Let us first examine what he
Published 06 Sep, 2016 12:00am
Can we agree on what's right?

Can we agree on what's right?

Protests by the opposition political parties, that they promise to continue, are an expected outcome. Ever since the Panama leaks, demands for investigating Pakistanis' suspect investments in 'offshore' companies, especially by the Prime Minister and his
Published 06 Sep, 2016 12:00am
New healthcare plan

New healthcare plan

Prime Minister Nawaz Sharif seems to have heard people complain about the miserable state of healthcare facilities in this country while privileged persons like himself receive medical treatment in state-of-the-art hospitals abroad. Holding an extensive b
Published 06 Sep, 2016 12:00am
Mounting external debt
Currency

Mounting external debt

The latest data on external debt of the country is highly disturbing. According to the figures just released by the State Bank, external debt and liabilities of Pakistan have ballooned up to a historic level of about $73 billion, with the largest ever inc
Published 06 Sep, 2016 12:00am
Tax-exempt Nato, Afghan military fuel sold on open market

Tax-exempt Nato, Afghan military fuel sold on open market

Tax-exempt military fuel imported into Afghanistan is being sold on the open market, industry officials and a new anti-corruption report reveal, causing the government huge revenue losses as Kabul struggles to wean itself off foreign aid. An AFP team witn
Published 06 Sep, 2016 12:00am
Tax-exempt Nato, Afghan military fuel sold on open market

Tax-exempt Nato, Afghan military fuel sold on open market

Tax-exempt military fuel imported into Afghanistan is being sold on the open market, industry officials and a new anti-corruption report reveal, causing the government huge revenue losses as Kabul struggles to wean itself off foreign aid. An AFP team witn
Published 06 Sep, 2016 12:00am
Tax-exempt Nato, Afghan military fuel sold on open market

Tax-exempt Nato, Afghan military fuel sold on open market

Tax-exempt military fuel imported into Afghanistan is being sold on the open market, industry officials and a new anti-corruption report reveal, causing the government huge revenue losses as Kabul struggles to wean itself off foreign aid. An AFP team witn
Published 06 Sep, 2016 12:00am
Tax-exempt Nato, Afghan military fuel sold on open market

Tax-exempt Nato, Afghan military fuel sold on open market

Tax-exempt military fuel imported into Afghanistan is being sold on the open market, industry officials and a new anti-corruption report reveal, causing the government huge revenue losses as Kabul struggles to wean itself off foreign aid. An AFP team witn
Published 06 Sep, 2016 12:00am
8th NFC Award to be finalised by 31st December: Murad

8th NFC Award to be finalised by 31st December: Murad

Sindh Chief Minister Syed Murad Ali Shah on Monday said that the 8th National Finance Commission Award would be finalised by 31st December 2016. The next budget would be prepared on the basis of a new Award, he said. He was speaking at a Meet the Press at
Published 06 Sep, 2016 12:00am
Court rejects Turkish novelist's plea to be freed from detention

Court rejects Turkish novelist's plea to be freed from detention

A prominent Turkish novelist Asli Erdogan will remain in jail pending trial for writing articles for a pro-Kurdish newspaper accused of having links with militants, her lawyer told AFP on Monday. The writer and human rights activist was arrested on August
Published 06 Sep, 2016 12:00am
Modi may attend SAARC summit in November: Indian HC

Modi may attend SAARC summit in November: Indian HC

Indian Prime Minister Narendra Modi is expected to attend Islamabad Summit of South Asian Association for Regional Co-operation (SAARC), said Indian High Commissioner Gautam Bombawale, here on Monday. "Prime Minister Modi is looking forward to visit Pakis
Published 06 Sep, 2016 12:00am
Modi may attend SAARC summit in November: Indian HC

Modi may attend SAARC summit in November: Indian HC

Indian Prime Minister Narendra Modi is expected to attend Islamabad Summit of South Asian Association for Regional Co-operation (SAARC), said Indian High Commissioner Gautam Bombawale, here on Monday. "Prime Minister Modi is looking forward to visit Pakis
Published 06 Sep, 2016 12:00am
Security Council to meet after latest North Korea missile test

Security Council to meet after latest North Korea missile test

The UN Security Council will convene Tuesday to discuss North Korea after the isolated communist state test-fired three ballistic missiles into the sea during the G20 summit in China, sparking condemnation from a senior US official at the meeting. The dis
Published 06 Sep, 2016 12:00am
Clarification

Clarification

This is with reference to a news item published in Business Recorder titled "FY16 external debt, liabilities hit record $73bn level" dated 30.08.2016. "The news article mentioned that country''s external debt and liabilities rose to histori
Published 06 Sep, 2016 12:00am
Clarification

Clarification

This is with reference to a news item published in Business Recorder titled "FY16 external debt, liabilities hit record $73bn level" dated 30.08.2016. "The news article mentioned that country's external debt and liabilities rose to historic lev
Published 06 Sep, 2016 12:00am
Clarification

Clarification

This is with reference to a news item published in Business Recorder titled "FY16 external debt, liabilities hit record $73bn level" dated 30.08.2016. "The news article mentioned that country's external debt and liabilities rose to historic level o
Published 06 Sep, 2016 12:00am
France's ex-budget minister on trial for tax fraud

France's ex-budget minister on trial for tax fraud

France's disgraced former budget minister Jerome Cahuzac went on trial Monday for stashing millions abroad while chasing tax cheats at home. The 64-year-old former rising star in the French Socialist Party faces charges of tax evasion and money laundering
Published 06 Sep, 2016 12:00am
Eid holidays announced

Eid holidays announced

The federal government Monday announced a three-day holiday on account of Eid-ul-Azha falling on September 13. According to a notification issued on Monday, the interior ministry said that all public and private offices would remain closed from September
Published 06 Sep, 2016 12:00am
The Weather

The Weather

The weather report on Monday (September 05, 2016) and the forecast for Tuesday (September 06, 2016).

Published 06 Sep, 2016 12:00am
Banks to stay open on Saturday

Banks to stay open on Saturday

The State Bank of Pakistan (SBP) has said that 'ALL' branches of commercial banks and MFBs will remain open on Saturday, 10th September, 2016 from 9:00 am to 5:30 pm in order to cater for the banking needs of general public. Banks & MFBs have accordingly
Published 06 Sep, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (September 05, 2016).

Published 06 Sep, 2016 12:00am
Tunis hosts UN-brokered Libya talks

Tunis hosts UN-brokered Libya talks

Libyan politicians began Monday two days of UN-brokered talks in Tunis to discuss power struggles and jihadist threats that are undermining stability in the oil-rich country. The members of the Libyan Political Dialogue signed in December 2015 a political
Published 06 Sep, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (September 05, 2016).

Published 06 Sep, 2016 12:00am
India to swap pellet guns for chilli shells

India to swap pellet guns for chilli shells

Police and troops in Indian held Kashmir will use chilli-based shells instead of pellet guns to quell protests, a minister said Monday, after hundreds of civilians sustained serious eye injuries in weeks of unrest. The government has been coming under gro
Published 06 Sep, 2016 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 06 Sep, 2016 12:00am
India to swap pellet guns for chilli shells

India to swap pellet guns for chilli shells

Police and troops in Indian held Kashmir will use chilli-based shells instead of pellet guns to quell protests, a minister said Monday, after hundreds of civilians sustained serious eye injuries in weeks of unrest. The government has been coming under gro
Published 06 Sep, 2016 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 06 Sep, 2016 12:00am
G20 promises to coordinate on economy

G20 promises to coordinate on economy

Leaders from the world''s top economies broadly agreed at a summit in China on Monday to co-ordinate macroeconomic policies, but few concrete proposals emerged to meet growing challenges to globalisation and free trade. At the two-day gathering in the sce
Published 06 Sep, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (September 05, 2016).

Published 06 Sep, 2016 12:00am
G20 promises to coordinate on economy

G20 promises to coordinate on economy

Leaders from the world's top economies broadly agreed at a summit in China on Monday to co-ordinate macroeconomic policies, but few concrete proposals emerged to meet growing challenges to globalisation and free trade. At the two-day gathering in the scen
Published 06 Sep, 2016 12:00am
G20 promises to coordinate on economy

G20 promises to coordinate on economy

Leaders from the world's top economies broadly agreed at a summit in China on Monday to co-ordinate macroeconomic policies, but few concrete proposals emerged to meet growing challenges to globalisation and free trade. At the two-day gathering in the scen
Published 06 Sep, 2016 12:00am
Brahamdagh seeks Indian ID

Brahamdagh seeks Indian ID

Leader of the Baloch Republican Party, Brahamdagh Khan Bugti has claimed that Pakistan is trying to create international pressure by issuing a red notice against him, and sought India's intervention to ensure safety for himself and his companions. In an i
Published 06 Sep, 2016 12:00am
Brahamdagh seeks Indian ID

Brahamdagh seeks Indian ID

Leader of the Baloch Republican Party, Brahamdagh Khan Bugti has claimed that Pakistan is trying to create international pressure by issuing a red notice against him, and sought India's intervention to ensure safety for himself and his companions. In an i
Published 06 Sep, 2016 12:00am
Power projects under CPEC: government allows security cost

Power projects under CPEC: government allows security cost

Federal government has decided to allow one per cent increase in capital cost of power projects falling under the umbrella of China Pakistan Economic Corridor (CPEC) as security cost, sources close to Managing Director PPIB told Business Recorder.
Published 06 Sep, 2016 12:00am
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