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Print - 2016-09-21
Ghinwa demands reinvestigation into Murtaza murder case

Ghinwa demands reinvestigation into Murtaza murder case

Pakistan People's Party-Shaheed Bhutto (PPP-SB) Chairperson Ghinwa Bhutto has called for re-investigation of Mir Murtaza Bhutto murder case. Addressing a largely-attend public gathering at Garhi Khuda Bux on the eve of the 20th anniversary of her husband'
Published 21 Sep, 2016 12:00am
'KE Head Office was not raided by NAB'

'KE Head Office was not raided by NAB'

K-Electric has issued a press statement stating that there was no raid conducted by NAB (National Accountability Bureau) at KE Head Office. KE spokesperson added that different organisations conduct routine visits which should not be considered as raids.
Published 21 Sep, 2016 12:00am
PS-127: ECP declares Ghulam Murtaza as returned candidate

PS-127: ECP declares Ghulam Murtaza as returned candidate

The Election Commission of Pakistan (ECP) on Tuesday announced the name of Ghulam Murtaza Baloch as the candidate returned to the Provincial Assembly from the constituency PS-127 Malir, Karachi- XXXIX, said a notification issued here. Pakistan Peoples Par
Published 21 Sep, 2016 12:00am
Iran detains 2 militants near border

Iran detains 2 militants near border

Iranian media says the Revolutionary Guard has detained two Sunni militants near the border with Pakistan, where clashes erupted earlier this month. The semi-official Fars news agency said Tuesday that the Guard seized weapons and ammunition, and defused
Published 21 Sep, 2016 12:00am
Sindh government asked to file reply on cabinet strength

Sindh government asked to file reply on cabinet strength

The Sindh High Court on Tuesday granted time to Sindh government to file reply on a petition challenging the appointment of excess number of advisers and special assistants by the Sindh Chief Minister Murad Ali Shah. The petitioner Molvi Iqbal Haider had
Published 21 Sep, 2016 12:00am
Jobs abroad: 946,571 workers registered in 2015

Jobs abroad: 946,571 workers registered in 2015

As many as 946,571 workers from all over the country had been registered abroad for seeking different jobs during last year (2015). About 752,466 workers immigrated to different countries during the year 2014 and 622,714 during 2013, said an official of P
Published 21 Sep, 2016 12:00am
UBL wins 'Top Companies of the Year' award for 2015

UBL wins 'Top Companies of the Year' award for 2015

UBL has won the Pakistan Stock Exchange (PSX) "Top Companies of the Year" Award for 2015. The award was presented at a ceremony held in Karachi recently. Prime Minister Nawaz Sharif, who was the Chief Guest at the event, gave away the awards. Wajahat Husa
Published 21 Sep, 2016 12:00am
UBL wins 'Top Companies of the Year' award for 2015

UBL wins 'Top Companies of the Year' award for 2015

UBL has won the Pakistan Stock Exchange (PSX) "Top Companies of the Year" Award for 2015. The award was presented at a ceremony held in Karachi recently. Prime Minister Nawaz Sharif, who was the Chief Guest at the event, gave away the awards. Wajahat Husa
Published 21 Sep, 2016 12:00am
Dawood Foundation announces 'Magnifi-Science' exhibition

Dawood Foundation announces 'Magnifi-Science' exhibition

The Dawood Foundation (TDF) is organising a science exhibition on Magnifi-Science at Dawood Public School from September 23rd to 25th. TDF Magnifi-Science is sponsored by Dawood Hercules Corp and Engro Corp while HUBCO is participating as supporting spons
Published 21 Sep, 2016 12:00am
Two killed in mosque roof collapse

Two killed in mosque roof collapse

Two children killed while two others injured after the roof of a masque collapsed in the jurisdictions of Malir, Khokrapar police station here on Tuesday. Police said the roof of Madina Masque abruptly fell down leaving Mohammad Abbas,12, son of Muhammad
Published 21 Sep, 2016 12:00am
PHMA polls: EDG candidates elected unopposed

PHMA polls: EDG candidates elected unopposed

In the Annual Elections of PHMA (Southern Zone) 2016-17, Export Development Group (EDG) candidates have been elected unopposed. The Election Commission of PHMA (Southern Zone) declared the following candidates as unopposed. The successful EDG candidates i
Published 21 Sep, 2016 12:00am
LHC seeks reply from government in plea against children's kidnapping

LHC seeks reply from government in plea against children's kidnapping

The Lahore High Court on Tuesday sought reply from the Punjab government on October 27 in a petition seeking security for school-going children. The court also directed the government to submit report about appointment of security guards at busses, vans a
Published 21 Sep, 2016 12:00am
JI chief for revisiting foreign policy

JI chief for revisiting foreign policy

Jamaat-e-Islami Ameer Senator Sirajul Haq has called upon the Pakistani government to revisit its foreign policy including the one for Afghanistan. Talking to Advisor for Afghan Affairs Shabbir Ahmed Khan on Tuesday, he said that the foreign policy of a c
Published 21 Sep, 2016 12:00am
ITA ready to suspend trade with Pakistan if asked by government

ITA ready to suspend trade with Pakistan if asked by government

The apex body of tea planters of India on Tuesday said it was ready to suspend trade with Pakistan if the Indian government wished so. As per detail, the Indian Tea Association (ITA) has decided in a meeting that in the wake of new terror attack in Jammu
Published 21 Sep, 2016 12:00am
Eligibility of SPSC chief: CJP takes suo motu notice

Eligibility of SPSC chief: CJP takes suo motu notice

The Chief Justice of Pakistan (CJP) on Tuesday took a suo motu action regarding eligibility of the Chairman and members of Sindh Public Services Commission (SPSC). The CJP took notice on receipt of an application and fixed the matter for hearing on Septem
Published 21 Sep, 2016 12:00am
'Fate of deferred refund cases should be decided once and for all'

'Fate of deferred refund cases should be decided once and for all'

The fate of deferred refund claims should be decided once and for all which are pending since 2003 and belong to the small and medium enterprises from Gujranwala, Faisalabad and Sialkot, said exporters from value-added textile industry. It may be noted th
Published 21 Sep, 2016 12:00am
CM Punjab speaks about challenges of terrorism, extremism

CM Punjab speaks about challenges of terrorism, extremism

Punjab Chief Minister Muhammad Shahbaz Sharif has said that terrorist and extremist mentality is mega biggest threat to world peace while poverty, injustice, ignorance, deprivation as well as aggressive and expansionist designs were a massive hurdle in th
Published 21 Sep, 2016 12:00am
Supreme Court directs Sindh government to form service rules for SBCA

Supreme Court directs Sindh government to form service rules for SBCA

The Supreme Court on Tuesday directed the Sindh government for the formation of service rules for Sindh Building Control Authority (SCBA) and other departments. The three-member bench of the apex court headed by Justice Amir Hani Muslim and comprising Jus
Published 21 Sep, 2016 12:00am
UK committed to long-term partnership with Pakistan: Ben French

UK committed to long-term partnership with Pakistan: Ben French

The British government is fully supporting the welfare-oriented policies of the provincial government in different sectors and the Department for International Development (DFID) will continue to extend its cooperation. The provincial representative of th
Published 21 Sep, 2016 12:00am
Sections of Motorways to be closed for two days

Sections of Motorways to be closed for two days

Sections of Motorway from Islamabad to Lahore and Peshawar will remain closed for all kinds of traffic due to construction work on September 21 and 22. Motorway Islamabad-Peshawar (M-1) Burhan to Swabi section will be barred for traffic on September 21 fr
Published 21 Sep, 2016 12:00am
Wassan sees a major change within 10 days

Wassan sees a major change within 10 days

Provincial minister Mazoor Wassan is not in a mood to stop dreaming and his antics continue to amuse everyone. The PPP leader came up with a new story about a change. However this time the big change (according to Manzoor Wassan) would come in December. "
Published 21 Sep, 2016 12:00am
Makhdoom Jamil meets Bilawal

Makhdoom Jamil meets Bilawal

Sindh Minister for Revenue and Relief Makhdoom Jamiluz Zaman called on Chairman Pakistan People's Party Bilawal Bhutto Zardari at Bilawal House here on Tuesday. Makhdoom Jamiluz Zaman briefed the PPP Chairman about the progress made in the digitalisation
Published 21 Sep, 2016 12:00am
Troops exchange fire across LoC

Troops exchange fire across LoC

Indian and Pakistani troops exchanged fire across the Line of Control (LoC) on Tuesday, two days after a deadly raid on an army base. Indian army spokesman Colonel Rajesh Kalia said there had been a "cease-fire violation" near Uri, where Sunday's attack t
Published 21 Sep, 2016 12:00am
2003 cease-fire violation: Pakistan rejects Indian allegations

2003 cease-fire violation: Pakistan rejects Indian allegations

Pakistan on Tuesday rejected the latest Indian allegations of the 2003 cease-fire violation along Line of Control (LoC) in Kashmir two days after the Uri attack which brought the two nuclear neighbours to the "war of words". "There has been no violation f
Published 21 Sep, 2016 12:00am
2003 cease-fire violation: Pakistan rejects Indian allegations

2003 cease-fire violation: Pakistan rejects Indian allegations

Pakistan on Tuesday rejected the latest Indian allegations of the 2003 cease-fire violation along Line of Control (LoC) in Kashmir two days after the Uri attack which brought the two nuclear neighbours to the "war of words". "There has been no violation f
Published 21 Sep, 2016 12:00am
Equities retreat

Equities retreat

The benchmark KSE-100 index declined by 74.26 points Tuesday to close at 40,340.46 points due to selling mainly by foreign investors. However, trading activity further improved and the daily volumes increased to 903.223 million shares as compared to 876.8
Published 21 Sep, 2016 12:00am
Equities retreat

Equities retreat

The benchmark KSE-100 index declined by 74.26 points Tuesday to close at 40,340.46 points due to selling mainly by foreign investors. However, trading activity further improved and the daily volumes increased to 903.223 million shares as compared to 876.8
Published 21 Sep, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (September 20, 2016).

Published 21 Sep, 2016 12:00am
Equities retreat

Equities retreat

The benchmark KSE-100 index declined by 74.26 points Tuesday to close at 40,340.46 points due to selling mainly by foreign investors. However, trading activity further improved and the daily volumes increased to 903.223 million shares as compared to 876.8
Published 21 Sep, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (September 20, 2016).

Published 21 Sep, 2016 12:00am
BRIndex30 sheds 125.59 points

BRIndex30 sheds 125.59 points

On Tuesday, BRIndex30 opened at 23,716.68 points. It touched an intraday high of 23,847.85 points and an intraday low of 23,402.34 points and closed at 23,591.09 points which was -125.59 points or -0.53 percent lower than previous close. Total volume was
Published 21 Sep, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (September 20, 2016).

Published 21 Sep, 2016 12:00am
BRIndex30 sheds 125.59 points

BRIndex30 sheds 125.59 points

On Tuesday, BRIndex30 opened at 23,716.68 points. It touched an intraday high of 23,847.85 points and an intraday low of 23,402.34 points and closed at 23,591.09 points which was -125.59 points or -0.53 percent lower than previous close. Total volume was
Published 21 Sep, 2016 12:00am
Raise in salaries of Parliamentarians: Prime Minister puts plan on ice

Raise in salaries of Parliamentarians: Prime Minister puts plan on ice

Prime Minister Nawaz Sharif has reportedly put a Finance Ministry's plan regarding increase in basic salaries of Chairman Senate, Deputy Chairman Senate, Speaker National Assembly on ice, Deputy Speaker, Federal Ministers, Ministers of State and Members o
Published 21 Sep, 2016 12:00am
Raise in salaries of Parliamentarians: Prime Minister puts plan on ice

Raise in salaries of Parliamentarians: Prime Minister puts plan on ice

Prime Minister Nawaz Sharif has reportedly put a Finance Ministry's plan regarding increase in basic salaries of Chairman Senate, Deputy Chairman Senate, Speaker National Assembly on ice, Deputy Speaker, Federal Ministers, Ministers of State and Members o
Published 21 Sep, 2016 12:00am
Raise in salaries of Parliamentarians: Prime Minister puts plan on ice

Raise in salaries of Parliamentarians: Prime Minister puts plan on ice

Prime Minister Nawaz Sharif has reportedly put a Finance Ministry''s plan regarding increase in basic salaries of Chairman Senate, Deputy Chairman Senate, Speaker National Assembly on ice, Deputy Speaker, Federal Ministers, Ministers of State and Members
Published 21 Sep, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (September 20, 2016).

Published 21 Sep, 2016 12:00am
Raise in salaries of Parliamentarians: Prime Minister puts plan on ice

Raise in salaries of Parliamentarians: Prime Minister puts plan on ice

Prime Minister Nawaz Sharif has reportedly put a Finance Ministry''''s plan regarding increase in basic salaries of Chairman Senate, Deputy Chairman Senate, Speaker National Assembly on ice, Deputy Speaker, Federal Ministers, Ministers of State and Member
Published 21 Sep, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (September 20, 2016).

Published 21 Sep, 2016 12:00am
July-August FDI down over 53 percent

July-August FDI down over 53 percent

Foreign Direct Investment (FDI) maintained a downtrend trend and fell by over 53 percent during the first two months of the current fiscal year. Analysts said although the economy has performed well during the last two years, however there are several mor
Published 21 Sep, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (September 20, 2016).

Published 21 Sep, 2016 12:00am
July-August FDI down over 53 percent

July-August FDI down over 53 percent

Foreign Direct Investment (FDI) maintained a downtrend trend and fell by over 53 percent during the first two months of the current fiscal year. Analysts said although the economy has performed well during the last two years, however there are several mor
Published 21 Sep, 2016 12:00am
July-August FDI down over 53 percent

July-August FDI down over 53 percent

Foreign Direct Investment (FDI) maintained a downtrend trend and fell by over 53 percent during the first two months of the current fiscal year. Analysts said although the economy has performed well during the last two years, however there are several mor
Published 21 Sep, 2016 12:00am
Two top China steelmakers announce merger to combat glut

Two top China steelmakers announce merger to combat glut

Two of China's top steelmakers announced plans Tuesday to merge,creating the world's second-largest manufacturer of the commodity as markets struggle with a glut caused by Chinese overcapacity. The world's second largest economy is trying to overhaul its
Published 21 Sep, 2016 12:00am
Two top China steelmakers announce merger to combat glut

Two top China steelmakers announce merger to combat glut

Two of China's top steelmakers announced plans Tuesday to merge,creating the world's second-largest manufacturer of the commodity as markets struggle with a glut caused by Chinese overcapacity. The world's second largest economy is trying to overhaul its
Published 21 Sep, 2016 12:00am
Two top China steelmakers announce merger to combat glut

Two top China steelmakers announce merger to combat glut

Two of China''s top steelmakers announced plans Tuesday to merge,creating the world''s second-largest manufacturer of the commodity as markets struggle with a glut caused by Chinese overcapacity. The world''s second largest economy is trying to overhaul i
Published 21 Sep, 2016 12:00am
Panama leaks: probe headed nowhere

Panama leaks: probe headed nowhere

The Public Accounts Committee on Tuesday sought from relevant authorities a report over the matter of the Panama Leaks within a month. The committee grilled the heads of State Bank of Pakistan (SBP), Federal Board of Revenue (FBR), Securities and Exchange
Published 21 Sep, 2016 12:00am
Panama leaks: probe headed nowhere

Panama leaks: probe headed nowhere

The Public Accounts Committee on Tuesday sought from relevant authorities a report over the matter of the Panama Leaks within a month. The committee grilled the heads of State Bank of Pakistan (SBP), Federal Board of Revenue (FBR), Securities and Exchange
Published 21 Sep, 2016 12:00am
Panama leaks: probe headed nowhere

Panama leaks: probe headed nowhere

The Public Accounts Committee on Tuesday sought from relevant authorities a report over the matter of the Panama Leaks within a month. The committee grilled the heads of State Bank of Pakistan (SBP), Federal Board of Revenue (FBR), Securities and Exchange
Published 21 Sep, 2016 12:00am
Panama leaks: probe headed nowhere

Panama leaks: probe headed nowhere

The Public Accounts Committee on Tuesday sought from relevant authorities a report over the matter of the Panama Leaks within a month. The committee grilled the heads of State Bank of Pakistan (SBP), Federal Board of Revenue (FBR), Securities and Exchange
Published 21 Sep, 2016 12:00am
LHC summons NAB prosecutor general

LHC summons NAB prosecutor general

The Lahore High Court on Tuesday directed the NAB prosecutor general to appear before the court on October 5 in response to a petition against the bureau for not initiating a probe into offshore companies owned by Prime Minister Nawaz Sharif and his famil
Published 21 Sep, 2016 12:00am
LHC summons NAB prosecutor general

LHC summons NAB prosecutor general

The Lahore High Court on Tuesday directed the NAB prosecutor general to appear before the court on October 5 in response to a petition against the bureau for not initiating a probe into offshore companies owned by Prime Minister Nawaz Sharif and his famil
Published 21 Sep, 2016 12:00am
Pilots eject as U-2 spy plane crashes in California

Pilots eject as U-2 spy plane crashes in California

Two US pilots safely ejected from a U-2 spy plane on a training mission before the aircraft crashed in rural California, the Air Force said Tuesday. The plane came down shortly after takeoff in an unpopulated area in Sutter, north of state capital Sacrame
Published 21 Sep, 2016 12:00am
MoF clarification

MoF clarification

This is with reference to the news report published in Business Recorder titled "MoF manipulated debt sustainability data in Survey" on 19.09.2016. The report used incorrect facts with regards to debt sustainability analysis and made false claims t
Published 21 Sep, 2016 12:00am
MoF clarification

MoF clarification

This is with reference to the news report published in Business Recorder titled "MoF manipulated debt sustainability data in Survey" on 19.09.2016. The report used incorrect facts with regards to debt sustainability analysis and made false claims t
Published 21 Sep, 2016 12:00am
MoF clarification

MoF clarification

This is with reference to the news report published in Business Recorder titled "MoF manipulated debt sustainability data in Survey" on 19.09.2016. The report used incorrect facts with regards to debt sustainability analysis and made false claims t
Published 21 Sep, 2016 12:00am
Approval of SLIC bill deferred by Senate body

Approval of SLIC bill deferred by Senate body

Senate Standing Committee on Commerce on Tuesday deferred approval of State Life Insurance Corporation (Re-Organisation and Conversion Bill, 2016) after PPP Senators led by Senator Salim Mandviwala threatened to oppose the Bill as part of party policy. Af
Published 21 Sep, 2016 12:00am
Approval of SLIC bill deferred by Senate body

Approval of SLIC bill deferred by Senate body

Senate Standing Committee on Commerce on Tuesday deferred approval of State Life Insurance Corporation (Re-Organisation and Conversion Bill, 2016) after PPP Senators led by Senator Salim Mandviwala threatened to oppose the Bill as part of party policy. Af
Published 21 Sep, 2016 12:00am
Approval of SLIC bill deferred by Senate body

Approval of SLIC bill deferred by Senate body

Senate Standing Committee on Commerce on Tuesday deferred approval of State Life Insurance Corporation (Re-Organisation and Conversion Bill, 2016) after PPP Senators led by Senator Salim Mandviwala threatened to oppose the Bill as part of party policy. Af
Published 21 Sep, 2016 12:00am
Bidding dispute: SC says it will decide case on merit

Bidding dispute: SC says it will decide case on merit

Seeking an explanation from the Water and Power Development Authority (Wapda) for ousting Power Construction Corporation of China Limited from bidding process for construction of Dasu Dam main civil works of Stage-I project, the Supreme Court said it will
Published 21 Sep, 2016 12:00am
Bidding dispute: SC says it will decide case on merit

Bidding dispute: SC says it will decide case on merit

Seeking an explanation from the Water and Power Development Authority (Wapda) for ousting Power Construction Corporation of China Limited from bidding process for construction of Dasu Dam main civil works of Stage-I project, the Supreme Court said it will
Published 21 Sep, 2016 12:00am
Bidding dispute: SC says it will decide case on merit

Bidding dispute: SC says it will decide case on merit

Seeking an explanation from the Water and Power Development Authority (Wapda) for ousting Power Construction Corporation of China Limited from bidding process for construction of Dasu Dam main civil works of Stage-I project, the Supreme Court said it will
Published 21 Sep, 2016 12:00am