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Nov 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-10-15
International Industries Limited (IIL): Leading from the front

International Industries Limited (IIL): Leading from the front

On the occasion of Worlds Standards Day, International Industries Limited (IIL) congratulates the Ministry of Science and Technology as well as the PSQCA for establishing and enforcing the importance of adhering to quality standards. As a quality consciou
Published 15 Oct, 2016 12:00am
Message from Director General (PSQCA)

Message from Director General (PSQCA)

"World Standards Day" is celebrated internationally each year on 14th October. The PSQCA joins hands with the International Community in celebrating the day in recognition of the selfless efforts of hundreds of thousands of experts who contributes towards
Published 15 Oct, 2016 12:00am
message from Federal Secretary, Most

message from Federal Secretary, Most

I am pleased to observe the initiative taken by the Pakistan Standards and Quality Control Authority (PSQCA) in celebrating the World Standards Day on 14th October 2016.
Published 15 Oct, 2016 12:00am
Message from Federal Minister for Science and Technology

Message from Federal Minister for Science and Technology

Pakistan is celebrating World Standards Day on October 14 with the theme "Standards - Build Trust". Building and sustaining Trust among people across geographical boundaries is inevitable. World Standards Day is being celebrated world over once 1970, for
Published 15 Oct, 2016 12:00am
Message from Prime Minister of Pakistan

Message from Prime Minister of Pakistan

I am pleased to note that the Pakistan Standards and Quality Control Authority (PSQCA), as the sole National Standards Body is participating to celebrate the International Standards Day on 14th October, 2016. Collaboration with the international community
Published 15 Oct, 2016 12:00am
Message from President of the Islamic Republic of Pakistan

Message from President of the Islamic Republic of Pakistan

I am pleased to learn that Pakistan Standards & Quality Control Authority (PSQCA) is observing the World Standards Day on 14th October, 2016 to promote quality culture in Pakistan. The observance of this day would serve to raise greater awareness among ou
Published 15 Oct, 2016 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

At Pakistan Mercantile Exchange Limited (PMEX), on Thursday value traded was PKR 3.65 billion and the number of lots traded was 60,264. PMEX Commodity Index closed at 2,873. Major business was contributed by gold amounting to PKR 1.44 billion, followed by
Published 15 Oct, 2016 12:00am
European wheat futures rise to highest level
Currency

European wheat futures rise to highest level

Benchmark European wheat futures rose to their highest level in almost a week on Wednesday, supported by further weakness in the euro, before giving up some of its gains after a US government crop report indicated plentiful grain supplies. December millin
Published 15 Oct, 2016 12:00am
US FOB Gulf soyabean offers lower on record harvest

US FOB Gulf soyabean offers lower on record harvest

Soyabean export premiums for shipments from the US Gulf Coast fell on Wednesday along with sinking CIF barge basis values, weighed down by abundant supplies, traders said. CIF soya barge basis values fell by as much as 5 cents a bushel on Wednesday aftern
Published 15 Oct, 2016 12:00am
Ivory Coast cocoa outlook mixed

Ivory Coast cocoa outlook mixed

Alternating spells of rainfall and sunshine last week in most of Ivory Coast's principal cocoa growing regions combined with growing concern over disease outbreak to suggest mixed prospects for the main crop, farmers said on Monday. The marketing of the O
Published 15 Oct, 2016 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 152,097 tonnes of cargo comprising 111,420 tonnes of import cargo and 40,677 tonnes of export cargo including 5,976 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday The total import cargo of 111,
Published 15 Oct, 2016 12:00am
Cotton market: firm trend seen on hectic trade activity
Cotton

Cotton market: firm trend seen on hectic trade activity

A firm trend prevailed on the cotton market on Friday in the process of hectic trading, dealers said. The official spot rate was higher by Rs 50 to Rs 5975, dealers said. Phutti rates in Sindh were firm at Rs 2900-3125, they said. In the Punjab seed cotto
Published 15 Oct, 2016 12:00am
US Midwest soya falls due to large supply

US Midwest soya falls due to large supply

Spot basis bids for soyabeans eased at US Midwest elevators and river terminals on Wednesday, due to large supplies of harvested soya and CIF market declines, grain merchants said. The river soya basis bids declined by 5-6 cents per bushel along the Illin
Published 15 Oct, 2016 12:00am
Belgium's Wallonia region blocks EU-Canada trade deal

Belgium's Wallonia region blocks EU-Canada trade deal

Lawmakers in the small Belgian region of Wallonia on Friday voted to block an EU-Canada free trade deal, a move which could seriously complicate future talks with the US and a non-EU Britain. The parliament vote in the French-speaking part of southern Bel
Published 15 Oct, 2016 12:00am
Deutsche Bank considers thousands more job cuts

Deutsche Bank considers thousands more job cuts

Deutsche Bank's finance chief told staff representatives last month that job cuts at the bank could be double that planned, a step that could remove 10,000 further employees, a person with direct knowledge of the matter told Reuters. Although no such deci
Published 15 Oct, 2016 12:00am
Nissan boss backs post-Brexit UK after top-level talks

Nissan boss backs post-Brexit UK after top-level talks

The boss of Renault-Nissan declared Friday that post-Brexit Britain will remain a "competitive place to do business" after holding crunch talks with Prime Minister Theresa May. Carlos Ghosn had warned last month the carmaker needed guarantees from London
Published 15 Oct, 2016 12:00am
China producer prices in first rise for over four years
Currency

China producer prices in first rise for over four years

The price of goods at the factory gate rose in China for the first time in more than four years in September, officials said Friday, in a positive sign for demand in the world's second-largest economy. The producer price index (PPI) rose 0.1 percent year-
Published 15 Oct, 2016 12:00am
Citigroup beats profit expectations

Citigroup beats profit expectations

Citigroup Inc, the fourth-biggest US bank by assets, beat expectations for third-quarter net profit on Friday after trading revenue surged 35 percent. The resurgence, which was echoed at rival J.P. Morgan, is a boost for Chief Executive Michael Corbat, wh
Published 15 Oct, 2016 12:00am
Citigroup beats profit expectations

Citigroup beats profit expectations

Citigroup Inc, the fourth-biggest US bank by assets, beat expectations for third-quarter net profit on Friday after trading revenue surged 35 percent. The resurgence, which was echoed at rival J.P. Morgan, is a boost for Chief Executive Michael Corbat, wh
Published 15 Oct, 2016 12:00am
Yellen says 'high-pressure' policy may be only way back from crisis

Yellen says 'high-pressure' policy may be only way back from crisis

The Federal Reserve may need to run a "high-pressure" economy in order to reverse damage from the crisis that depressed output, sidelined workers and risks becoming a permanent scar, Fed Chair Janet Yellen said in a broad review of where the recovery may
Published 15 Oct, 2016 12:00am
Obama enshrines Cuba normalisation as official US policy

Obama enshrines Cuba normalisation as official US policy

US President Barack Obama on Friday announced a directive formalising a policy of normalisation with Cuba and unveiling a new round of loosened trade and travel rules. In a statement, Obama said the directive lays out an official framework for continuing
Published 15 Oct, 2016 12:00am
Petrobras cuts prices, seeking 'transparency'

Petrobras cuts prices, seeking 'transparency'

Brazilian state oil company Petrobras announced Friday it will slash domestic gasoline and diesel prices to bring them in line with world markets, promising greater "transparency" after a devastating corruption scandal. The new market-based pricing policy
Published 15 Oct, 2016 12:00am
Goldman Sachs wins case over Libya's $1.2 billion investment

Goldman Sachs wins case over Libya's $1.2 billion investment

Goldman Sachs won a high-profile legal battle with Libya's sovereign wealth fund Friday, with a British court dismissing claims the bank duped Libyan officials into investments worth $1.2 billion (1.5 billion euros). The Libyan Investment Authority (LIA)
Published 15 Oct, 2016 12:00am
Strong auto purchases buoy US retail sales; inflation stirring

Strong auto purchases buoy US retail sales; inflation stirring

US retail sales rebounded in September amid a surge in motor vehicle purchases and some pickup in discretionary spending, pointing to solid demand that reinforces expectations of an interest rate increase from the Federal Reserve in December.
Published 15 Oct, 2016 12:00am
Japan's machinery orders fall less than expected

Japan's machinery orders fall less than expected

Japan's core machinery orders fell much less than expected in August, suggesting a relatively firm pickup in capital expenditure that is seen as crucial for sustainable economic growth. Cabinet Office data on Wednesday showed core machinery orders, a high
Published 15 Oct, 2016 12:00am
Eurozone bond yields edge higher

Eurozone bond yields edge higher

Eurozone government bond yields edged higher on Friday ahead of a speech by Federal Reserve chair Janet Yellen from which investors hope to glean further clues as to the likelihood of a US rate hike in December. The yield on the US 10-year Treasuries rose
Published 15 Oct, 2016 12:00am
Eurozone bond yields edge higher

Eurozone bond yields edge higher

Eurozone government bond yields edged higher on Friday ahead of a speech by Federal Reserve chair Janet Yellen from which investors hope to glean further clues as to the likelihood of a US rate hike in December. The yield on the US 10-year Treasuries rose
Published 15 Oct, 2016 12:00am
Tokyo stocks soar

Tokyo stocks soar

Tokyo stocks closed higher Friday as upbeat Chinese inflation data eased concerns about the strength of the powerhouse economy, while Uniqlo's parent company soared on expectations its profits would recover this fiscal year. The Japanese market rose at th
Published 15 Oct, 2016 12:00am
Wall Street dips with financials, weak China data

Wall Street dips with financials, weak China data

US stocks slipped on Thursday led by falls in financial shares and following weak Chinese economic data but a late-day rebound in oil prices limited the day's decline. Financials, which have been under pressure following negative news on Deutsche Bank and
Published 15 Oct, 2016 12:00am
Hong Kong shares rise

Hong Kong shares rise

Hong Kong stocks ended a bearish week on an upbeat note on Friday after China's producer prices unexpectedly rose for the first time in nearly five years, easing some of the pressure on Chinese miners and manufacturers. The Hang Seng index rose 0.9 percen
Published 15 Oct, 2016 12:00am
Treasury prices rise

Treasury prices rise

US Treasury prices rose on Thursday as weak Chinese data pushed investors to buy safe-haven government debt after two straight days of selling. China's exports fell 10 percent for September from a year earlier, far worse than the 3 percent fall expected,
Published 15 Oct, 2016 12:00am
Treasury prices rise

Treasury prices rise

US Treasury prices rose on Thursday as weak Chinese data pushed investors to buy safe-haven government debt after two straight days of selling. China's exports fell 10 percent for September from a year earlier, far worse than the 3 percent fall expected,
Published 15 Oct, 2016 12:00am
Sri Lankan shares fall for fifth day

Sri Lankan shares fall for fifth day

Sri Lankan shares closed lower for a fifth straight session on Friday, led by conglomerate John Keells Holdings, as investors stayed on the sidelines ahead of corporate results and seeking cues on the economy from the federal budget next month. The benchm
Published 15 Oct, 2016 12:00am
China stocks little changed

China stocks little changed

China stock ended little changed on Friday as investors wrestled with mixed economic reports ahead of third-quarter GDP data next week that will shed more light on the health of the economy. Trade data on Thursday showed exports fell more than expected in
Published 15 Oct, 2016 12:00am
Indian shares recover; Infosys falls

Indian shares recover; Infosys falls

Indian shares closed marginally higher on Friday, led by software firm Tata Consultancy Services after upbeat quarterly profit, but a revenue forecast cut by smaller rival Infosys weighed on the technology index. The benchmark BSE index closed 0.11 percen
Published 15 Oct, 2016 12:00am
European shares lifted by stronger banks; Man Group surges

European shares lifted by stronger banks; Man Group surges

European shares rose on Friday to claw back ground lost in the previous session, with banking stocks outperforming, while hedge fund Man Group also surged higher. The pan-European STOXX 600 index rose 1.3 percent, after touching during the previous sessio
Published 15 Oct, 2016 12:00am
Taiwan stocks down

Taiwan stocks down

Taiwan shares fell on Friday, dragged down by technology stocks including Taiwan Semiconductor Manufacturing Co Ltd (TSMC), as investors booked profits after the chipmaker reported earnings. As of 0232 GMT, the main TAIEX index fell 0.4 percent to 9,183.3
Published 15 Oct, 2016 12:00am
Southeast Asian markets: Thailand rises most in five years

Southeast Asian markets: Thailand rises most in five years

Thai shares rose 4.6 percent on Friday, the sharpest in five years, as markets stayed calm after the death of King Bhumibol Adulyadej on Thursday. The king had been unwell for much of the past year and the announcement by the palace of his passing away fo
Published 15 Oct, 2016 12:00am
FTSE ends losing streak; Man Group jumps 14 percent

FTSE ends losing streak; Man Group jumps 14 percent

Britain's leading share index climbed on Friday after falling in the previous three sessions, with grocer Tesco recovering while mid-cap Man Group surging after a strong trading update. Man Group, the world's biggest listed hedge fund, leapt 13.8 percent
Published 15 Oct, 2016 12:00am
Dollar up in Asia
Currency

Dollar up in Asia

The dollar rose on Friday, on track for a weekly gain though shy of this week's highs, as investors awaited US retail sales data and remarks from Federal Reserve officials that could cement expectations of a US interest rate hike this year. The dollar ind
Published 15 Oct, 2016 12:00am
Dollar rises in Europe
Currency

Dollar rises in Europe

The dollar rose on Friday, ticking up with Treasury yields and on track for weekly gains, as investors await US retail sales data and remarks from Federal Reserve officials that could cement expectations of a US interest rate hike this year. The safe have
Published 15 Oct, 2016 12:00am
Early trade in New York: Dollar climbs

Early trade in New York: Dollar climbs

The dollar rose on Friday, on track for its largest weekly gain in more than seven months against the euro, after strong US retail sales and producer prices data for September reinforced expectations the Federal Reserve would raise interest rates in Decem
Published 15 Oct, 2016 12:00am
Dollar slides from seven-month peak in New York
Currency

Dollar slides from seven-month peak in New York

The dollar tumbled from a seven-month high on Thursday, as risk appetite took a turn for the worse after soft Chinese trade data spooked a market that is expecting an interest rate increase from the Federal Reserve by the end of the year. The dollar index
Published 15 Oct, 2016 12:00am
Asian forex: Singapore dollar at seven-month low

Asian forex: Singapore dollar at seven-month low

The Singapore dollar fell to a seven-month low on Friday after the trade-reliant economy unexpectedly contracted in the third quarter, keeping expectations of further policy easing alive. The Thai baht rose on hopes of an orderly succession after the deat
Published 15 Oct, 2016 12:00am
Yuan rises
Currency

Yuan rises

China's yuan firmed against the dollar on Friday, after the central bank set a stronger midpoint for the first time in days, but traders and analysts warned of continued pressure after the currency had its biggest weekly slide since January. For the week,
Published 15 Oct, 2016 12:00am
Sterling bounces

Sterling bounces

Sterling recovered all of the day's losses against the dollar on Friday after Bank of England Governor Mark Carney said the bank was not indifferent to the level of the pound, now down almost 20 percent since Britain voted to leave the EU in June. Carney
Published 15 Oct, 2016 12:00am
Aussie, kiwi up

Aussie, kiwi up

The Australian dollar recovered from a near 1-month low on Friday on the back of buoyant commodity prices and a record government bond sale, while the pound tumbled on lingering worries about a "hard Brexit." The Australian dollar rose 0.4 percent to $0.7
Published 15 Oct, 2016 12:00am
Kerber knocked out of HK Open

Kerber knocked out of HK Open

Top seed Angelique Kerber suffered a shock defeat at the hands of eighth seed Australian Daria Gavrilova in the quarter-finals of the Hong Kong Open Friday. Gavrilova dispatched the reigning Australian and US Open champion 6-3, 6-1, and will now face Kris
Published 15 Oct, 2016 12:00am
Djokovic given fright by world number 110

Djokovic given fright by world number 110

World number one Novak Djokovic survived an almighty scare against 110th-ranked Mischa Zverev as he fought back from a set down to reach the Shanghai Masters semi-finals on Friday. The defending champion, who has been struggling with motivation and injuri
Published 15 Oct, 2016 12:00am
FIFA boss makes gains on World Cup expansion

FIFA boss makes gains on World Cup expansion

FIFA president Gianni Infantino built momentum towards expanding the World Cup Friday as some powerbrokers appeared to back the move, while sceptics will have to be convinced before a final call in January. Growing the cash cow tournament from 32 to as ma
Published 15 Oct, 2016 12:00am
Shaheed Benazir Women T20 event begins

Shaheed Benazir Women T20 event begins

The five-day 5th Shaheed Mohtarma Benazir Bhutto Women Twenty-20 Cricket Championship will get underway at Country Club, Muridke from Saturday (today). PCB-XI and three departmental teams ie, Zarai Tarakiati Bank (ZTBL), State Bank of Pakistan (SBP) and H
Published 15 Oct, 2016 12:00am
Family walk out of Hughes inquest

Family walk out of Hughes inquest

The family of Australian cricketer Phillip Hughes walked out of the inquest into his death on Friday, with his father calling the Sydney Cricket Ground an "unsafe workplace". Hughes, who played 26 Tests, was 25 years old when he died from bleeding on the
Published 15 Oct, 2016 12:00am
Junior Taekwondo Championship from October 25

Junior Taekwondo Championship from October 25

The 11th U-15 and U-17 National Junior Taekwondo Championship will be organized from 25th to 28th October at Pakistan Sports Board Islamabad. The event is sponsored by Korean Embassy, Islamabad. DG Pakistan Sports Board Dr Akhtar Nawaz Ganjera has given a
Published 15 Oct, 2016 12:00am
Pakistan declare at 579-3 after unbeaten Azhar's 302

Pakistan declare at 579-3 after unbeaten Azhar's 302

Pakistan declared their first innings at 579-3 after opener Azhar Ali knocked his maiden triple hundred on day two of the first day-night Test against West Indies in Dubai on Friday. Ali remained unbeaten on a 645-minute vigil of 302 - fourth to score a t
Published 15 Oct, 2016 12:00am
Merkel turns to Africa to curb mass migrant flow

Merkel turns to Africa to curb mass migrant flow

German Chancellor Angela Merkel on Friday wrapped up a week of Africa diplomacy aimed at slowing the flow of migrants to Europe from a continent battered by conflict and poverty. She hosted Nigerian President Muhammadu Buhari, having also met Chad's head
Published 15 Oct, 2016 12:00am
Australian falsely accused in Philippine drug war

Australian falsely accused in Philippine drug war

A Philippine judge dismissed a narcotics trafficking charge against an Australian man after ruling police made up evidence, court documents show, as concerns mount about new President Rodrigo Duterte's war on drugs. A Canadian man who was arrested in the
Published 15 Oct, 2016 12:00am
Buhari says wife 'belongs to my kitchen'

Buhari says wife 'belongs to my kitchen'

Nigeria's President Muhammadu Buhari on Friday hit back at criticism from his wife about his leadership, saying she "belongs to my kitchen". Buhari's wife Aisha Buhari told the BBC in an interview that she may not back him at the next election if he fails
Published 15 Oct, 2016 12:00am
China says supports Duterte drug war

China says supports Duterte drug war

Beijing on Friday expressed support for a bloody crackdown on illegal drugs in the Philippines overseen by President Rodrigo Duterte, ahead of a visit to China by the controversial leader. The crackdown has left more than 3,700 people dead since July, bot
Published 15 Oct, 2016 12:00am
Oscar-winning clown Etaix dies

Oscar-winning clown Etaix dies

The Oscar-winning actor, clown and film director Pierre Etaix died in hospital in Paris on Friday, his family told AFP. The 87-year-old star, who won an Academy Award for his 1962 film "Happy Anniversary", was one of the greats of French clowning and work
Published 15 Oct, 2016 12:00am
Nato head backs stronger European defence

Nato head backs stronger European defence

Nato head Jens Stoltenberg welcomed Friday European efforts for a more closely integrated defence policy, boosted since Britain's vote to leave the EU, but warned against trying to create "an alternative" to the North Atlantic Alliance. "Stronger European
Published 15 Oct, 2016 12:00am
Chad, Senegal and Kenya join battle to lead AU

Chad, Senegal and Kenya join battle to lead AU

Kenya, Senegal and Chad will each nominate a candidate to become the new head of the African Union, which failed to choose a successor to Nkosazana Dlamini-Zuma in July. A list of candidates, obtained by AFP but not yet made public, includes Kenya's forei
Published 15 Oct, 2016 12:00am
Erdogan warns of 'plan B' over Mosul offensive

Erdogan warns of 'plan B' over Mosul offensive

President Recep Tayyip Erdogan threatened on Friday to resort to a "plan B" if Turkey's forces do not take part in the planned major US-backed offensive by the Iraqi army to free Mosul from jihadists. "We are determined to take our place among the coaliti
Published 15 Oct, 2016 12:00am
Far-right Ukraine fighters create political party

Far-right Ukraine fighters create political party

Members of a controversial Ukrainian far-right nationalist group that has battled pro-Russian rebels in the east of the country on Friday announced they were creating a political party. The Azoz battalion rose to prominence as a volunteer regiment fightin
Published 15 Oct, 2016 12:00am
Watchdog calls for release of Zuma graft report

Watchdog calls for release of Zuma graft report

South Africa's anti-corruption watchdog called Friday for her report into graft allegations against President Jacob Zuma to be released as soon as possible after he blocked it with a legal challenge. Public Protector Thuli Madonsela had been due to publis
Published 15 Oct, 2016 12:00am
Israel suspends cooperation with UNESCO

Israel suspends cooperation with UNESCO

Israel suspended cooperation with UNESCO Friday after the UN cultural organisation adopted two resolutions on the occupied Palestinian territories including annexed east Jerusalem ahead of a final vote next week. In a letter sent to UNESCO Director Genera
Published 15 Oct, 2016 12:00am
Rescuers exhausted as air strikes batter Aleppo

Rescuers exhausted as air strikes batter Aleppo

Overwhelmed rescue workers combed rubble for victims of intense air strikes on Syria's battleground city Aleppo on Friday, ahead of fresh diplomatic efforts to end the country's intractable conflict. The United States and Russia, which support opposite si
Published 15 Oct, 2016 12:00am
Indian cinemas group bans films with Pakistani artists

Indian cinemas group bans films with Pakistani artists

A group of Indian cinemas said Friday they would not screen any films featuring Pakistani artists in protest at an attack by militants that killed 19 Indian soldiers in held Kashmir. "It doesn't matter if they are Pakistani artists, Pakistani music direct
Published 15 Oct, 2016 12:00am
Illegal appointments: reference filed against CJ of IHC

Illegal appointments: reference filed against CJ of IHC

A reference was filed before the Supreme Judicial Council Friday with a plea to restrain the incumbent Chief Justice of the Islamabad High Court (IHC) Justice Muhammad Anwar Khan Kasi on the basis of apex court' recently announced verdict. General Secreta
Published 15 Oct, 2016 12:00am
Fazl demands referendum on proposed Fata-KP merger

Fazl demands referendum on proposed Fata-KP merger

Jamiat Ulema-e-Islam -Fazl (JUI-F) chief Maulana Fazl-ur-Rehman has demanded the holding of a referendum on proposal about merger of FATA into KP and allowing the tribesmen to decide future of tribal areas. Fazl has asked for granting Federally Administer
Published 15 Oct, 2016 12:00am
'Merger of Fata into KP a feasible option'

'Merger of Fata into KP a feasible option'

While keeping in view the prevailing situation in Federally Administered Tribal Areas, Jamaat-e-Islami (JI) Fata Ameer, Haroon-ur-Rashid termed that the merger of Fata into Khyber Pakhtunkhwa as a practical and feasible option, and asked the government to
Published 15 Oct, 2016 12:00am
Khyber TDPs demand registration, resumption of ration

Khyber TDPs demand registration, resumption of ration

A dozen of Temporary Displaced Persons (TDPs) of Koki Khel tribe of Khyber Agency staged a protest demonstration outside Jamrud Press Club on Friday, demanding the authorities to ensure their registration and resumption of ration immediately. The demonstr
Published 15 Oct, 2016 12:00am
MoF clarification

MoF clarification

The spokesperson for the Ministry of Finance has expressed disappointment over the assertions made by few people "who, with ulterior motives, have been twisting the facts" regarding the award of "Best Finance Minister of the Year for 2016" to Senator Moha
Published 15 Oct, 2016 12:00am
BISP, WCCI sign MoU on imparting training to 500 beneficiaries

BISP, WCCI sign MoU on imparting training to 500 beneficiaries

Benazir Income Support Programme (BISP) and Women Chamber of Commerce and Industry (WCCI) Peshawar on Friday signed a memorandum of understanding (MoU) for imparting skill development training to 500 beneficiaries of the programme.
Published 15 Oct, 2016 12:00am
Foundation Day: Embassy celebrating October as 'the Korea Month'

Foundation Day: Embassy celebrating October as 'the Korea Month'

The Embassy of the Republic of Korea is celebrating October as 'the Korea Month' to commemorate the Foundation Day of Korea. Various events will be organized by the Embassy for promoting economic and cultural cooperation between Pakistan and Korea through
Published 15 Oct, 2016 12:00am
OLMT project: body formed to examine HIA report

OLMT project: body formed to examine HIA report

Supreme Court on Friday formed a commission of two international technical heritage and environmental experts for examining the credibility of National Engineering Services Pakistan (NESPAK) Heritage Impact Assessment (HIA) report on Orange Line Metro Tra
Published 15 Oct, 2016 12:00am
World Standard Day marked

World Standard Day marked

The World Standard Day 2016 was marked on Friday with a resolve to raise awareness about the quality and safety of products through standardisation of products. Various events were organised to mark the day in which speakers said a product or service conf
Published 15 Oct, 2016 12:00am
PIA to start two weekly flights to Barcelona from December

PIA to start two weekly flights to Barcelona from December

The Pakistan International Airlines (PIA) will start two weekly flights to Barcelona, Spain, from December 11, on every Sunday and Tuesday from Islamabad and Lahore, said Danyal Gilani, General Manager Public Relations PIA. This is a revival of the earlie
Published 15 Oct, 2016 12:00am
Out of court settlement MCCI hails FBR move

Out of court settlement MCCI hails FBR move

President of Multan Chamber of Commerce and Industry (MCCI) hailed the decision of Federal Board of Revenue (FBR) to seek out of court settlement of tax related cases lying pending in various courts since long and termed it a wise move to improve the tax
Published 15 Oct, 2016 12:00am
LCCI urges government to devise strategy for growth of PSEs

LCCI urges government to devise strategy for growth of PSEs

Lahore Chamber of Commerce and Industry has urged the government to develop a strategy for the growth of public sector enterprises (PSEs). LCCI President Abdul Basit in a statement on Friday stressed the need for focusing on loss-making public sector ente
Published 15 Oct, 2016 12:00am
Reon installs solar EPC solution at Unilever factory

Reon installs solar EPC solution at Unilever factory

Reon Energy has recently installed solar EPC project at the Unilever Tea factory, which would save more than Rs 2.55 million and carbon savings of 97 tonnes, said Inam-ur-Rahman, CEO, Reon Energy Limited. He said the solar EPC projects with a less than 4
Published 15 Oct, 2016 12:00am
Dengue season can prolong up to December

Dengue season can prolong up to December

Dengue season can prolong up to December following stability in temperature, while as many as 177 confirmed dengue patients have so far been reported in Lahore.
Published 15 Oct, 2016 12:00am
Punjab government evolves strategy to control hepatitis

Punjab government evolves strategy to control hepatitis

The Punjab government is evolving a comprehensive strategy to control hepatitis and would extend all out cooperation to Pakistan Kidney & Liver Institute (PKLI) for conducting random survey regarding the hepatitis prevalence in province.
Published 15 Oct, 2016 12:00am
Growers asked to get wheat seeds

Growers asked to get wheat seeds

The Punjab agriculture department has advised the growers of Barani (rain fed) areas to get their wheat seeds, retained by them from last crop, cleaned by the seed graders provided by the department free of cost. Cleaning of thin and broken seeds affected
Published 15 Oct, 2016 12:00am
ICAP distributes awards among top position holders

ICAP distributes awards among top position holders

The Institute of Chartered Accountants of Pakistan (ICAP) organized award distribution ceremonies to appreciate the performance of students who have achieved top 20 positions in Intermediate boards all over Pakistan. The initiative has been taken to provi
Published 15 Oct, 2016 12:00am
Entomologists carrying out research to eradicate dengue viruses

Entomologists carrying out research to eradicate dengue viruses

The Government College University Lahore Medical Entomologists have successfully genetically modified the Aedes aegypti mosquito in order to block the transmission of dengue viruses to humans. It was announced here on Wednesday by the University's Zoology
Published 15 Oct, 2016 12:00am
Shahbaz visits Sahiwal coal power project

Shahbaz visits Sahiwal coal power project

Punjab Chief Minister Shehbaz Sharif visited 1320MW coal power project site near Sahiwal on Friday. This project will be completed by June 2017 and would be the first project in energy sector to be completed within a record time. The CM also witnessed exe
Published 15 Oct, 2016 12:00am
Former EOBI chairman secures bail in six corruption cases

Former EOBI chairman secures bail in six corruption cases

The Lahore High Court has granted bail to former chairman of Employees Old Age Benefits Institution (EOBI), Zafar Iqbal Gondal, in six cases of corruption and misuse of authority. The high court had granted the same relief to Gondal last year as well. The
Published 15 Oct, 2016 12:00am
PAT sends legal notice to TV channel

PAT sends legal notice to TV channel

Pakistan Awami Tahrik has sent a legal notice to Arif Nizami and Chaudhry Ghulam Hussain of TV Channel 24 for making "false, baseless, malicious and frivolous statements" against party chairman Allama Tahirul Qadri. In the notice the party advocate said t
Published 15 Oct, 2016 12:00am
Two die in road accidents

Two die in road accidents

A youth and teenaged girl were killed in two separate accidents in Hyderabad on Friday, according to police. Saeed Malik, 25, son of Saifur Rehan fell to victim of the accident when he lost control over his speeding motorbike and rammed into barriers of M
Published 15 Oct, 2016 12:00am
KU awards 18 M Phil, 27 PhD degrees to students

KU awards 18 M Phil, 27 PhD degrees to students

University of Karachi has awarded 18 M Phil and 27 PhD degrees to students in their respective disciplines at a meeting of university's Board of advanced studies and Research (BASR) on Friday.
Published 15 Oct, 2016 12:00am
Deputy UK HC praises successful launch of sukuk bond

Deputy UK HC praises successful launch of sukuk bond

British Deputy High Commissioner Belinda Lewis has said that Pakistan has successfully launched sukuk worth $1 billion in the international market that shows the level of confidence is increasing on Pakistan's economy. She was talking to media during her
Published 15 Oct, 2016 12:00am
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