AGL 38.20 Increased By ▲ 0.21 (0.55%)
AIRLINK 211.50 Decreased By ▼ -4.03 (-1.87%)
BOP 9.48 Decreased By ▼ -0.32 (-3.27%)
CNERGY 6.52 Decreased By ▼ -0.27 (-3.98%)
DCL 9.00 Decreased By ▼ -0.17 (-1.85%)
DFML 38.23 Decreased By ▼ -0.73 (-1.87%)
DGKC 96.86 Decreased By ▼ -3.39 (-3.38%)
FCCL 36.55 Decreased By ▼ -0.15 (-0.41%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 14.98 Increased By ▲ 0.49 (3.38%)
HUBC 131.00 Decreased By ▼ -3.13 (-2.33%)
HUMNL 13.44 Decreased By ▼ -0.19 (-1.39%)
KEL 5.51 Decreased By ▼ -0.18 (-3.16%)
KOSM 6.87 Decreased By ▼ -0.45 (-6.15%)
MLCF 44.90 Decreased By ▼ -0.97 (-2.11%)
NBP 59.34 Decreased By ▼ -1.94 (-3.17%)
OGDC 230.00 Decreased By ▼ -2.59 (-1.11%)
PAEL 39.20 Decreased By ▼ -1.53 (-3.76%)
PIBTL 8.38 Decreased By ▼ -0.20 (-2.33%)
PPL 200.00 Decreased By ▼ -3.34 (-1.64%)
PRL 39.10 Decreased By ▼ -1.71 (-4.19%)
PTC 27.00 Decreased By ▼ -1.31 (-4.63%)
SEARL 103.32 Decreased By ▼ -5.19 (-4.78%)
TELE 8.40 Decreased By ▼ -0.34 (-3.89%)
TOMCL 35.35 Decreased By ▼ -0.48 (-1.34%)
TPLP 13.46 Decreased By ▼ -0.38 (-2.75%)
TREET 25.30 Increased By ▲ 0.92 (3.77%)
TRG 64.50 Increased By ▲ 3.35 (5.48%)
UNITY 34.90 Increased By ▲ 0.06 (0.17%)
WTL 1.77 Increased By ▲ 0.05 (2.91%)
BR100 12,110 Decreased By -137 (-1.12%)
BR30 37,723 Decreased By -662.1 (-1.72%)
KSE100 112,415 Decreased By -1509.6 (-1.33%)
KSE30 35,508 Decreased By -535.7 (-1.49%)
Print - 2016-10-26
NIB Bank posts Rs 422.693 million PAT

NIB Bank posts Rs 422.693 million PAT

The profit after tax of NIB Bank Limited (NBL) has increased to Rs 422.693 million in the quarter ended September 30, 2016 as compared to Rs 265.429 million earned in the same quarter in 2015. The board of directors of the bank, in its meeting held on Tue
Published 26 Oct, 2016 12:00am
Bilawal condemns terror attack in Quetta

Bilawal condemns terror attack in Quetta

Chairman Pakistan Peoples Party Bilawal Bhutto Zardari on Tuesday strongly condemned coward suicide terrorist attack on Quetta Police Training Center last night in which 61 police personnel were martyred and over 120 suffered wounds. "This horrifying terr
Published 26 Oct, 2016 12:00am
Attackers 'pretended to be soldiers': witnesses

Attackers 'pretended to be soldiers': witnesses

Heavily armed militants who stormed a police academy tricked cadets hiding in their rooms into opening locked doors by pretending to be soldiers, witnesses told AFP Tuesday as chilling accounts emerged from survivors. Young cadets who fled the gun and sui
Published 26 Oct, 2016 12:00am
KE team conducts anti-theft raids

KE team conducts anti-theft raids

Continuing efforts to curb electricity theft and reduce losses, K-Electric's team conducted anti-theft raids in Korangi where illegal connections being used by commercial customers were removed. KE disconnected over 160 connections which also included con
Published 26 Oct, 2016 12:00am
Chandio condemns Quetta attack

Chandio condemns Quetta attack

Advisor to the Chief Minister Sindh on Information Moula Bux Chandio condemned the suicidal attack on Police Training Centre, Quetta in which about 61 under training recruits martyred and about 200 injured. He said the Sindh Government strongly condemns t
Published 26 Oct, 2016 12:00am
CPEC: CPNE delegates exchange views with Chinese ambassador

CPEC: CPNE delegates exchange views with Chinese ambassador

The senior editors belonging to Council of Pakistan Newspapers Editors called on Chinese ambassador Sun Weidong at Chinese embassy. They exchanged views with the ambassador on China-Pakistan Economic Corridor (CPEC), bilateral relations between the two ne
Published 26 Oct, 2016 12:00am
Panasonic opens first-ever SE digital showroom in Karachi

Panasonic opens first-ever SE digital showroom in Karachi

Director Panasonic Middle East Nakano Yasushi on Tuesday said that Pakistan had huge strategic market for Panasonic products. Talking to media persons at the opening ceremony of first-ever 'SE Digital Showroom' setup in the city's Sharafabad area he said
Published 26 Oct, 2016 12:00am
Valuation rulings: ABAD threatens to suspend construction activities

Valuation rulings: ABAD threatens to suspend construction activities

Association of Builders and Developers of Pakistan (ABAD) has threatened to suspend all construction activities for indefinite period, if the new valuation rulings imposed on immoveable property is not deferred for one year. Speaking at a press conference
Published 26 Oct, 2016 12:00am
Vohra seeks tax recoveries from marriage lawns, banquets

Vohra seeks tax recoveries from marriage lawns, banquets

Deputy Mayor Dr Arshad Vohra on Tuesday asked Karachi Metropolitan Corporation's (KMC) Municipal Utility Charges and Tax Department to initiate tax recoveries from as many as 132 marriage lawns, and Banquets falling within the jurisdiction of the district
Published 26 Oct, 2016 12:00am
Security of Bilawal: SHC seeks comments from federal, Sindh governments

Security of Bilawal: SHC seeks comments from federal, Sindh governments

The Sindh High Court (SHC) on Tuesday sought comments from the deputy attorney general and advocate general Sindh on a petition of Pakistan People's Party (PPP) Chairman Bilawal Bhutto Zardari, calling for adequate security and permission to travel in a v
Published 26 Oct, 2016 12:00am
Qaiser Sheikh briefs UK MPs, businessmen on atrocities in IHK

Qaiser Sheikh briefs UK MPs, businessmen on atrocities in IHK

Prime Minister's Special Envoy on Kashmir Qaiser Ahmed Sheikh MNA has said that Pakistan is a peace-loving country and desires peace in the region for stability, well-being and alleviation of poverty but he regretted that India continues to sponsor state
Published 26 Oct, 2016 12:00am
Terminal operators accused of indulging in huge unlawful collection

Terminal operators accused of indulging in huge unlawful collection

Terminals Operators (KICTL and PTCL) indulge in huge unlawful collection in suspicious heads of accounts, which are not specified in KICTL/PICTL tariff, KPT Act-Schedule of charges, giving huge losses to trade and industry, exporters and trade leaders sai
Published 26 Oct, 2016 12:00am
Terminal operators accused of indulging in huge unlawful collection

Terminal operators accused of indulging in huge unlawful collection

Terminals Operators (KICTL and PTCL) indulge in huge unlawful collection in suspicious heads of accounts, which are not specified in KICTL/PICTL tariff, KPT Act-Schedule of charges, giving huge losses to trade and industry, exporters and trade leaders sai
Published 26 Oct, 2016 12:00am
ADB chief, Dar discuss matters of mutual interest

ADB chief, Dar discuss matters of mutual interest

Takehiko Nakao, President of the Asian Development Bank called on the Federal Minister for Finance, Ishaq Dar here on Tuesday morning for official talks. The Finance Minister welcomed the guest and felicitated him on his nomination for a second term as th
Published 26 Oct, 2016 12:00am
ADB chief, Dar discuss matters of mutual interest

ADB chief, Dar discuss matters of mutual interest

Takehiko Nakao, President of the Asian Development Bank called on the Federal Minister for Finance, Ishaq Dar here on Tuesday morning for official talks. The Finance Minister welcomed the guest and felicitated him on his nomination for a second term as th
Published 26 Oct, 2016 12:00am
ADB chief, Dar discuss matters of mutual interest

ADB chief, Dar discuss matters of mutual interest

Takehiko Nakao, President of the Asian Development Bank called on the Federal Minister for Finance, Ishaq Dar here on Tuesday morning for official talks. The Finance Minister welcomed the guest and felicitated him on his nomination for a second term as th
Published 26 Oct, 2016 12:00am
Dasu Dam project: SC upholds LHC decision

Dasu Dam project: SC upholds LHC decision

The Supreme Court on Tuesday upheld Lahore High Court (LHC) decision and turned down a plea by M/s Power Construction Corporation of China, seeking to consider its name in bidding process in award of Dasu Dam main civil works (MW-01 and MW-02) of Stage-1
Published 26 Oct, 2016 12:00am
HCCI SVP condoles death of Qamaruz Zaman

HCCI SVP condoles death of Qamaruz Zaman

Senior Vice President (SVP) Hyderabad Chamber of Commerce and Industry (HCCI) Turab Ali Khoja has expressed his deep grief and shock on the sad demise of veteran politician Syed Qamaruz Zaman Shah. In a condolence message to MNA Syed Naveed Qamar, he said
Published 26 Oct, 2016 12:00am
Daniel Pearl World Music Days celebrated

Daniel Pearl World Music Days celebrated

A festive crowd of more than 600 music lovers celebrated Daniel Pearl World Music Days with musical performances at the former US Consul General's residence in Karachi last evening. Features were two of Sindh's own, sounds of Kolachi, led by the talented
Published 26 Oct, 2016 12:00am
26.01 million tones: wheat production target for Rabi season set

26.01 million tones: wheat production target for Rabi season set

Despite accepting 16 percent water shortage, the government Tuesday set wheat production target at 26.01 million tonnes for Rabi sowing season 2016-17 from an area of 9.12 million hectares. Sikandar Hayat Bosan, Minister for National Food Security and Res
Published 26 Oct, 2016 12:00am
Quetta police centre: Japan shocked by terrorist attack

Quetta police centre: Japan shocked by terrorist attack

Japan is shocked and saddened by the terrorist attacks which caused numerous deaths and injuries at Police College in Quetta. It was stated by the Ministry of Foreign Affairs of Japan, in a statement issued on Tuesday. Japan prays for the victims and expr
Published 26 Oct, 2016 12:00am
Quetta carnage: parties underscore need for boycotting Amritsar moot

Quetta carnage: parties underscore need for boycotting Amritsar moot

A day after Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz confirmed Pakistan's participation in next month's Heart of Asia and Istanbul Process ministerial meeting in Amritsar, India, a marked division between parliamentary parties on the c
Published 26 Oct, 2016 12:00am
France condemns Quetta tragedy

France condemns Quetta tragedy

Spokesper-son of the French Ministry of Foreign Affairs and International Development also condemned the attack, saying "France condemns the attack of last night in Quetta (Balochistan) against the Police Training Centre, the provisional toll reported six
Published 26 Oct, 2016 12:00am
Appointments in IHC: review petition filed in Supreme Court

Appointments in IHC: review petition filed in Supreme Court

A review petition was filed in Supreme Court on Tuesday against its decision in response to illegal appointments in Islamabad High Court (IHC). Announcing its verdict in the matter, the Supreme Court had issued directives to the IHC to de-notify all the a
Published 26 Oct, 2016 12:00am
Thieves can't carry out accountability of thieves: JI

Thieves can't carry out accountability of thieves: JI

Jamaat-e-Islami Chief Senator Sirajul Haq on Tuesday said that plunderers in the government and the so-called opposition did not want to return the looted money. Addressing members of Lahore High Court Bar Association (LHCBA), Siraj said: "Thieves cannot
Published 26 Oct, 2016 12:00am
'Military takeover': Nawaz, Imran to be held responsible: Khursheed

'Military takeover': Nawaz, Imran to be held responsible: Khursheed

Leader of the Opposition in the National Assembly Syed Khursheed Ahmed Shah stated that he would hold Prime Minister Nawaz Sharif and Pakistan Tehrik-e-Insaf (PTI) Chairman Imran Khan responsible in the event of a military takeover. Talking to media outsi
Published 26 Oct, 2016 12:00am
World community condemns Quetta carnage

World community condemns Quetta carnage

World community on Tuesday strongly condemned the terrorist attack on police training center in Quetta and reiterated to work closely with Pakistan against the menace of terrorism. According to message issued by the Press and Information Office of the Rus
Published 26 Oct, 2016 12:00am
LHC full bench to take up petition against 'promotions'

LHC full bench to take up petition against 'promotions'

The Lahore High Court chief justice has constituted a full bench to take up the petition against out-of-turn promotions in the high court establishment. The bench headed by Chief Justice Syed Mansoor Ali Shah will start hearing from October 28. A suspende
Published 26 Oct, 2016 12:00am
SHC questions maintainability of Sharjeel's application

SHC questions maintainability of Sharjeel's application

The Sindh High Court (SHC) on Tuesday questioned the maintainability of an application of former provincial minister Sharjeel Inam Memon, seeking the court's direction to restrain the National Accountability Bureau (NAB) from arresting him on his arrival
Published 26 Oct, 2016 12:00am
LTBA to help FBR achieve targets

LTBA to help FBR achieve targets

President Lahore Tax Bar Association Farhan Shehzad has assured the Federal Board of Revenue of cooperation in achieving the revenue targets. This assurance was extended to Member Inland Revenue Operations Dr Muhammad Irshad in a meeting on Tuesday at the
Published 26 Oct, 2016 12:00am
Cotton near two-week low
Cotton

Cotton near two-week low

ICE cotton futures fell for a sixth straight session on Tuesday, touching their lowest level in about two weeks, as harvest-friendly weather in US producing regions weighed down prices. "Harvest weather is perfect ... conditions are ideal in Texas," said
Published 26 Oct, 2016 12:00am
Oil down; US crude settles below $50 on stockpile concerns

Oil down; US crude settles below $50 on stockpile concerns

Oil prices fell more than 1 percent on Tuesday, with US crude settling below $50 per barrel for the first time in a week ahead of data likely to show a build in domestic inventories. Producers' verbal jockeying about the Organisation of the Petroleum Expo
Published 26 Oct, 2016 12:00am
US MIDDAY: wheat and corn up

US MIDDAY: wheat and corn up

US wheat and corn futures were narrowly higher on Tuesday as traders covered short positions after prices for each crop fell to the lowest levels in more than a week. The dollar reversed lower after a nine-month high against a basket of currencies, furthe
Published 26 Oct, 2016 12:00am
US MIDDAY: gold near three-week high

US MIDDAY: gold near three-week high

Gold rose to an almost three-week high on Tuesday as the US dollar retreated from multi-month highs and physical demand rose before India's late-October festival season. The US dollar slipped from a nearly eight-month high against the euro and a roughly t
Published 26 Oct, 2016 12:00am
State of Pakistan's economy

State of Pakistan's economy

According to media reports, the visiting IMF chief Christine Lagarde praised Pakistan for emerging from an economic crisis and stabilising its economy, after the country completed its bailout programme. The IMF released the last instalment of a $6.6 billi
Published 26 Oct, 2016 12:00am
Stronger collaboration for greater energy access in Asia Pacific

Stronger collaboration for greater energy access in Asia Pacific

The emergence of new ideas, technological advancements and innovative market-driven financing solutions has lent confidence to the idea that universal access to energy services is attainable. This is particularly good news in the Asia and the Pacific regi
Published 26 Oct, 2016 12:00am
Offshore assets
Currency

Offshore assets

This article is in continuation of the articles written by me on the matter earlier. A constructive debate has started about the Offshore Asset of Pakistanis in the post 'Panama Leaks' scenario. It is, however, not encouraging that this matter is being de
Published 26 Oct, 2016 12:00am
The third way

The third way

One thing is very clear. Free market economy has failed miserably. But this does not mean that state ownership is the answer. While the current state of economies of the US and Europe are the prime examples of the failure of the free-for-all market econom
Published 26 Oct, 2016 12:00am
Resistance to the public's right to know

Resistance to the public's right to know

A revealing recent report in this newspaper about the federal government's style of functioning shows how even the highest national forum, the Parliament, feels helpless to penetrate the veil of secrecy enveloping such an important issue as the power
Published 26 Oct, 2016 12:00am
Lagarde's address

Lagarde's address

Managing Director of the International Monetary Fund (IMF), Christine Lagarde, in her keynote address to a select gathering of a State Bank of Pakistan (SBP) event titled "Emerging markets in the global world" was extremely impressive in her analysis. She
Published 26 Oct, 2016 12:00am
EU to extend Schengen border controls for three months

EU to extend Schengen border controls for three months

The EU moved Tuesday to prolong border controls in the passport-free Schengen area for three months, missing an end-of-year deadline to scrap the emergency measures adopted to cope with last year's massive migrant influx. The European Commission, the Euro
Published 26 Oct, 2016 12:00am
EU to extend Schengen border controls for three months

EU to extend Schengen border controls for three months

The EU moved Tuesday to prolong border controls in the passport-free Schengen area for three months, missing an end-of-year deadline to scrap the emergency measures adopted to cope with last year's massive migrant influx. The European Commission, the Euro
Published 26 Oct, 2016 12:00am
Foreign investors repatriate $335 million in Q1

Foreign investors repatriate $335 million in Q1

Foreign investors repatriated $335 million on account of profit and dividend during the first quarter of this fiscal year (FY17). Although the overall repatriation of profit and dividend during July-September of FY17 is less than the same period of fiscal
Published 26 Oct, 2016 12:00am
Foreign investors repatriate $335 million in Q1

Foreign investors repatriate $335 million in Q1

Foreign investors repatriated $335 million on account of profit and dividend during the first quarter of this fiscal year (FY17). Although the overall repatriation of profit and dividend during July-September of FY17 is less than the same period of fiscal
Published 26 Oct, 2016 12:00am
Foreign investors repatriate $335 million in Q1

Foreign investors repatriate $335 million in Q1

Foreign investors repatriated $335 million on account of profit and dividend during the first quarter of this fiscal year (FY17). Although the overall repatriation of profit and dividend during July-September of FY17 is less than the same period of fiscal
Published 26 Oct, 2016 12:00am
Ministry to discuss issues related with planned KE resale

Ministry to discuss issues related with planned KE resale

The management of Karachi Electric (KE) is reportedly engaging several influentials to get the same incentives for new buyers, ie, Shanghai Electric of China, as those available to Abraaj Group which currently owns 66 per cent stakes in the company, well-
Published 26 Oct, 2016 12:00am
Ministry to discuss issues related with planned KE resale

Ministry to discuss issues related with planned KE resale

The management of Karachi Electric (KE) is reportedly engaging several influentials to get the same incentives for new buyers, ie, Shanghai Electric of China, as those available to Abraaj Group which currently owns 66 per cent stakes in the company, well-
Published 26 Oct, 2016 12:00am
Ministry to discuss issues related with planned KE resale

Ministry to discuss issues related with planned KE resale

The management of Karachi Electric (KE) is reportedly engaging several influentials to get the same incentives for new buyers, ie, Shanghai Electric of China, as those available to Abraaj Group which currently owns 66 per cent stakes in the company, well-
Published 26 Oct, 2016 12:00am
Hungary summons Russian envoy

Hungary summons Russian envoy

Budapest summoned Moscow's ambassador Tuesday after Russian state TV made what Hungary called "degrading" remarks about its 1956 uprising against Soviet communist rule. "We will make very clear that we won't tolerate anyone making degrading remarks regard
Published 26 Oct, 2016 12:00am
Hungary summons Russian envoy

Hungary summons Russian envoy

Budapest summoned Moscow's ambassador Tuesday after Russian state TV made what Hungary called "degrading" remarks about its 1956 uprising against Soviet communist rule. "We will make very clear that we won't tolerate anyone making degrading remarks regard
Published 26 Oct, 2016 12:00am
The Weather

The Weather

The weather report on Tuesday (October 25, 2016) and the forecast for Wednesday (October 26, 2016).

Published 26 Oct, 2016 12:00am
Ceasefire violations: Indian envoy summoned

Ceasefire violations: Indian envoy summoned

Pakistan on Tuesday lodged a strong protest with India by summoning its top diplomat to Ministry of Foreign Affairs over repeated ceasefire violation on the Working Boundary. "The Indian Deputy High Commissioner was summoned by the Director General, South
Published 26 Oct, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (October 25, 2016).

Published 26 Oct, 2016 12:00am
Ceasefire violations: Indian envoy summoned

Ceasefire violations: Indian envoy summoned

Pakistan on Tuesday lodged a strong protest with India by summoning its top diplomat to Ministry of Foreign Affairs over repeated ceasefire violation on the Working Boundary. "The Indian Deputy High Commissioner was summoned by the Director General, South
Published 26 Oct, 2016 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 26 Oct, 2016 12:00am
Opec output cut may hasten oil market rebalance: IEA

Opec output cut may hasten oil market rebalance: IEA

The oversupplied oil market will be rebalanced earlier than expected if major crude producers implement a deal to cap output when they meet next month, the International Energy Agency chief said Tuesday. Under current conditions, the IEA expects global ou
Published 26 Oct, 2016 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 26 Oct, 2016 12:00am
Opec output cut may hasten oil market rebalance: IEA

Opec output cut may hasten oil market rebalance: IEA

The oversupplied oil market will be rebalanced earlier than expected if major crude producers implement a deal to cap output when they meet next month, the International Energy Agency chief said Tuesday. Under current conditions, the IEA expects global ou
Published 26 Oct, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (October 25, 2016).

Published 26 Oct, 2016 12:00am
Opec output cut may hasten oil market rebalance: IEA

Opec output cut may hasten oil market rebalance: IEA

The oversupplied oil market will be rebalanced earlier than expected if major crude producers implement a deal to cap output when they meet next month, the International Energy Agency chief said Tuesday. Under current conditions, the IEA expects global ou
Published 26 Oct, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (October 25, 2016)

Published 26 Oct, 2016 12:00am
Division of PIA into two entities under consideration: official

Division of PIA into two entities under consideration: official

Privatisation Commission (PC) is considering a proposal to divide Pakistan International Airlines Corporation (PIAC) into two companies - PIA-I and PIA-II - with the objective to hand over liabilities including interest payment on Rs 180 billion loans to
Published 26 Oct, 2016 12:00am
Division of PIA into two entities under consideration: official

Division of PIA into two entities under consideration: official

Privatisation Commission (PC) is considering a proposal to divide Pakistan International Airlines Corporation (PIAC) into two companies - PIA-I and PIA-II - with the objective to hand over liabilities including interest payment on Rs 180 billion loans to
Published 26 Oct, 2016 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (October 25, 2016).

Published 26 Oct, 2016 12:00am
Division of PIA into two entities under consideration: official

Division of PIA into two entities under consideration: official

Privatisation Commission (PC) is considering a proposal to divide Pakistan International Airlines Corporation (PIAC) into two companies - PIA-I and PIA-II - with the objective to hand over liabilities including interest payment on Rs 180 billion loans to
Published 26 Oct, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 25, 2016).

Published 26 Oct, 2016 12:00am
Turkey tells US to extradite coup suspect or hurt ties

Turkey tells US to extradite coup suspect or hurt ties

Turkish Justice Minister Bekir Bozdag on Tuesday urged Washington to extradite the alleged July coup mastermind Fethullah Gulen to avoid damaging bilateral ties, comparing him to slain al Qaeda chief Osama Bin Laden. Turkey wants the US-based preacher to
Published 26 Oct, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 25, 2016).

Published 26 Oct, 2016 12:00am
Turkey tells US to extradite coup suspect or hurt ties

Turkey tells US to extradite coup suspect or hurt ties

Turkish Justice Minister Bekir Bozdag on Tuesday urged Washington to extradite the alleged July coup mastermind Fethullah Gulen to avoid damaging bilateral ties, comparing him to slain al Qaeda chief Osama Bin Laden. Turkey wants the US-based preacher to
Published 26 Oct, 2016 12:00am
Ogra may recommend hike in POL products' prices

Ogra may recommend hike in POL products' prices

Oil and Gas Regulatory Authority (Ogra) is likely to recommend a rise in the prices of petroleum products by Rs 3 to Rs 5 per litre effective November 1, 2016 however the prevailing political situation may deter the government from approving the raise. Re
Published 26 Oct, 2016 12:00am
Ogra may recommend hike in POL products' prices

Ogra may recommend hike in POL products' prices

Oil and Gas Regulatory Authority (Ogra) is likely to recommend a rise in the prices of petroleum products by Rs 3 to Rs 5 per litre effective November 1, 2016 however the prevailing political situation may deter the government from approving the raise. Re
Published 26 Oct, 2016 12:00am
THE RUPEE: dollar gains
Currency

THE RUPEE: dollar gains

The dollar posted fresh gains against the rupee on the money market on Tuesday, dealers said. The rupee was almost unchanged versus the dollar for buying and selling at Rs 104.83 and Rs 104.85 respectively, they said. In the second Asian trade, the dollar
Published 26 Oct, 2016 12:00am
Ogra may recommend hike in POL products' prices

Ogra may recommend hike in POL products' prices

Oil and Gas Regulatory Authority (Ogra) is likely to recommend a rise in the prices of petroleum products by Rs 3 to Rs 5 per litre effective November 1, 2016 however the prevailing political situation may deter the government from approving the raise. Re
Published 26 Oct, 2016 12:00am
THE RUPEE: dollar gains
Currency

THE RUPEE: dollar gains

The dollar posted fresh gains against the rupee on the money market on Tuesday, dealers said. The rupee was almost unchanged versus the dollar for buying and selling at Rs 104.83 and Rs 104.85 respectively, they said. In the second Asian trade, the dollar
Published 26 Oct, 2016 12:00am
US judge approves massive Volkswagen emissions settlement

US judge approves massive Volkswagen emissions settlement

A US judge on Tuesday granted final approval for a $14.7 billion class action settlement in Volkswagen's diesel emissions cheating scandal, the largest such automaker settlement in history. The buyback deal at the same time also resolved some claims broug
Published 26 Oct, 2016 12:00am
US, Iranian chief diplomats win prize for Iran nuclear deal

US, Iranian chief diplomats win prize for Iran nuclear deal

US Secretary of State John Kerry and Iranian Foreign Minister Mohammad Javad Zarif have won an international diplomatic prize for their part in a historic agreement on Iran's nuclear program, organisers announced Monday. The two officials, who negotiated
Published 26 Oct, 2016 12:00am
US, Iranian chief diplomats win prize for Iran nuclear deal

US, Iranian chief diplomats win prize for Iran nuclear deal

US Secretary of State John Kerry and Iranian Foreign Minister Mohammad Javad Zarif have won an international diplomatic prize for their part in a historic agreement on Iran's nuclear program, organisers announced Monday. The two officials, who negotiated
Published 26 Oct, 2016 12:00am
Islamic State claims attack

Islamic State claims attack

Militant group Islamic State said on Tuesday that fighters loyal to its movement attacked a police training college in Quetta in a raid that officials said killed 59 people and wounded more than 100. Pakistani authorities have blamed another militant grou
Published 26 Oct, 2016 12:00am
Islamic State claims attack

Islamic State claims attack

Militant group Islamic State said on Tuesday that fighters loyal to its movement attacked a police training college in Quetta in a raid that officials said killed 59 people and wounded more than 100. Pakistani authorities have blamed another militant grou
Published 26 Oct, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (October 25, 2016).

Published 26 Oct, 2016 12:00am
Martyred Captain, injured Naib Subedar: CoAS announces gallantry awards

Martyred Captain, injured Naib Subedar: CoAS announces gallantry awards

Chief of Army Staff (CoAS) General Raheel Sharif on Tuesday announced gallantry awards for martyred Captain and injured Naib Subedar who fought against terrorists at police training centre in Quetta. According to Inter-Services Public Relations (ISPR), Co
Published 26 Oct, 2016 12:00am
Martyred Captain, injured Naib Subedar: CoAS announces gallantry awards

Martyred Captain, injured Naib Subedar: CoAS announces gallantry awards

Chief of Army Staff (CoAS) General Raheel Sharif on Tuesday announced gallantry awards for martyred Captain and injured Naib Subedar who fought against terrorists at police training centre in Quetta. According to Inter-Services Public Relations (ISPR), Co
Published 26 Oct, 2016 12:00am
BRIndex30 sheds 54.28 points

BRIndex30 sheds 54.28 points

On Tuesday, BRIndex30 opened at 23,302.95 points and remained negative throughout the trading session. It touched an intraday high of 23,302.95 points and an intraday low of 22,933.72 points and closed at 23,248.67 points which was -54.28 points or -0.23
Published 26 Oct, 2016 12:00am
BRIndex30 sheds 54.28 points

BRIndex30 sheds 54.28 points

On Tuesday, BRIndex30 opened at 23,302.95 points and remained negative throughout the trading session. It touched an intraday high of 23,302.95 points and an intraday low of 22,933.72 points and closed at 23,248.67 points which was -54.28 points or -0.23
Published 26 Oct, 2016 12:00am