News Archives for Print - 2016-10-31

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 78.41-78.42 (previous 78.40-78.42).

Published 31 Oct, 2016 12:00am

Former Corvex executive gets seed money for new hedge fund

Nick Graziano, a former top executive at hedge fund Corvex Management, has obtained early-stage financing from Constellation Seeding, putting his new hedge fund on track to start trading on Nov. 1, a person familiar with the matter said on Tuesday.

Published 31 Oct, 2016 12:00am

Former Corvex executive gets seed money for new hedge fund

Nick Graziano, a former top executive at hedge fund Corvex Management, has obtained early-stage financing from Constellation Seeding, putting his new hedge fund on track to start trading on Nov. 1, a person familiar with the matter said on Tuesday.

Published 31 Oct, 2016 12:00am

Wall Street week ahead: Fed meeting in sight but election looms for stocks

The Federal Reserve meets next week and the US government releases an important report on jobs, but investors could be forgiven for having something else on their minds.

Published 31 Oct, 2016 12:00am

Moldova votes in showdown between Russia, EU supporters

Ex-Soviet Moldova went to the polls Sunday in its first popular presidential election since the 1990s, seen as a tug-of-war between supporters of closer relations with Russia and those seeking EU integration. The crisis-hit country of 3.5 million wedged b

Published 31 Oct, 2016 12:00am

Israel wasn't ready for 2014 Gaza war: army official

Israel should have better prepared for Hamas's use of tunnels in the 2014 Gaza war, a senior army official said Sunday, ahead of the release of a key report on the conflict.

Published 31 Oct, 2016 12:00am

Afghan government loses 2 percent of territory in three months

The Afghan government lost control or influence between May and August over two percent of the territory it controlled, the US government's top watchdog on Afghanistan said in a report on Sunday, a sign of the precarious security situation in the country

Published 31 Oct, 2016 12:00am

US polls narrow as Clinton grapples with email fallout

Polls showed the US election tightening Sunday as Hillary Clinton campaigned in the crucial state of Florida, grappling with the fallout from the FBI director disclosing more of her emails were under review.

Published 31 Oct, 2016 12:00am

Car ramming in West Bank, Palestinian killed

A car ramming in the occupied West Bank on Sunday lightly wounded three Israeli police officers, and the Palestinian attacker was shot dead, Israeli police said. The incident occurred in the Beit Ummar area near the flashpoint West Bank city of Hebron as

Published 31 Oct, 2016 12:00am

Dozens dead as rebels fight to break Aleppo siege

Syria's regime and rebels were locked in fierce fighting Sunday on Aleppo's western edges, where 41 civilians have been killed in an opposition offensive to break a devastating government siege. Rebels have unleashed car bombs and salvos of rockets and sh

Published 31 Oct, 2016 12:00am

Iraq militiamen say gaining ground in bid to cut off Mosul

Iraqi paramilitary forces said they had captured several villages south-west of Mosul from the Islamic State group on Sunday, the second day of an operation to cut the jihadists' supply lines.

Published 31 Oct, 2016 12:00am

Four Egyptian soldiers killed in Sinai

Four Egyptian soldiers have been killed in the Sinai Peninsula, where the local branch of the Islamic State group regularly attacks security forces, the army said on Sunday. The troops were killed during operations around El-Arish, close to the border wit

Published 31 Oct, 2016 12:00am

Drone halts traffic at Dubai airport

A drone forced Dubai international airport, one of the world's busiest, to halt air traffic for an hour and a half Saturday evening, the third such incident in less than five months.

Published 31 Oct, 2016 12:00am

Benazir Income Support Programme: Transparency, service delivery guiding principles: Marvi

Minister of State and BISP Chairperson Marvi Memon on Sunday said transparency, service delivery and customer care were the guiding principles of Benazir Income Support Programme (BISP).

Published 31 Oct, 2016 12:00am

Khewra Salt Mine, the second largest in the world

The famous Khewra city is for having worlds second largest Salt mine, largest by area wise rock salt mine in the world. Official sources told Business Recorder during the visit to the salt mine here on Thursday that the reserves contain rock salt i

Published 31 Oct, 2016 12:00am

Smartphones usage in country continues to grow

The mobile broadband users' growth in Pakistan is expected to touch 8 per cent mark in coming years as the country would have more than 40 million smartphones by end of this year. The third-generation (3G) and 4G mobile phone users stand at around 30 mill

Published 31 Oct, 2016 12:00am

SCA demands interest-free loan package

The Sindh Chamber of Agriculture (SCA) has demanded of the Sindh Government to announce an interest-free loan package for the farmers of Sindh similar to the one being offered in Punjab.

Published 31 Oct, 2016 12:00am

Lecture on important psychological issues held

Balanced psychological relations between individuals and societies is imperative and in this connection the government must encourage psychologists in identifying the causes, effects and solutions to develop good and cordial relations between individuals,

Published 31 Oct, 2016 12:00am

K-E: Analysts say transaction to help boost investor Confidence

The Abraj Group has announced to divest its 66.4 percent shareholding in K-Electric to Chinese state owned Shanghai Electric Power Company (SEP) for a consideration of $1.77 billion.

Published 31 Oct, 2016 12:00am

Freedom struggle continues despite worst atrocities: AJK President

Sardar Masood Khan, President, Azad Jammu & Kashmir briefed media on human rights violations in Kashmir. He said that India was committing gross human rights violations in Kashmir and the entire population was living under extended curfew for over a month

Published 31 Oct, 2016 12:00am

AIOU's post-graduate exams begin on November 1

Final exams of post-graduate programs of Allama Iqbal Open University (AIOU) will begin in Rawalpindi-Islamabad and other parts of the country from Tuesday.

Published 31 Oct, 2016 12:00am

11-member FCCI trade team leaves for Spain

Faisalabad Chamber of Commerce and Industry (FCCI) has decided to send maximum trade delegations to different potential international markets to give a quantum jump to textile exports from direct from Faisalabad, said Engineer Muhammad Saeed Sheikh Presid

Published 31 Oct, 2016 12:00am

Record management exercise in LDA continues

Special exercise for management of record continued for the third consecutive day even on Sunday in Lahore Development Authority besides cleanliness and maintenance of record rooms in the two block of LDA office complex at Johar Town. Director General LDA

Published 31 Oct, 2016 12:00am

Customs' values on import of branded coffee revised

Directorate General of Customs Valuation, Karachi has revised customs values on the import of branded coffee sold in retail packing. A new customs ruling issued by the directorate revealed that in exercise of the powers conferred under Section 25-A of the

Published 31 Oct, 2016 12:00am

280,000 Afghan DPs repatriated under UNHCR programme

Two hundred and eighty thousand Afghan refugees have been repatriated from Pakistan under the UNHCR repatriation programme this year. According to radio Pakistan, a spokesman of UNHCR said that about five thousand Afghan refugees are being repatriated to

Published 31 Oct, 2016 12:00am

NAP fails to deliver positive results: Gilani

Former Prime Minister Syed Yusuf Raza Gilani on Sunday said that the National Action Plan has not been able to deliver the desired results and the PPP would consider withdrawing support to it.

Published 31 Oct, 2016 12:00am

Cotton

Ginners assured of clearance of refund claims within a month

Member Inland Revenue (Operations), Federal Board of Revenue (FBR), Dr Muhammad Irshad has assured the Pakistan Cotton Ginners Association (PCGA) that refund claims of ginners would be cleared within a month. "We are going to suggest exemption of sales ta

Published 31 Oct, 2016 12:00am

International Neuro-Surgery Conference from November 4

Pakistan Society of Neuro Surgeons will organise 29th International Neuro-Surgery Conference from November 4 to 6 at a local hotel in provincial capital with the collaboration of Department of Neuro Surgery, Lahore General Hospital.

Published 31 Oct, 2016 12:00am

Panama Papers: special security arrangements in Supreme Court building

A five-member larger bench headed by the Chief Justice of Pakistan, Justice Anwar Zaheer Jamali will resume the hearing of the Constitution Petitions No 26,28-30/2016 (regarding Panama Papers) on November 01.

Published 31 Oct, 2016 12:00am

115 killed & 15,000 injured: Maleeha slams Indian oppression in held Kashmir

Pakistan is pushing the international community to pressurise India into allowing the struggling Kashmiri people to exercise their UN-pledged right of self-determination through a plebiscite to pave the way for peace and stability in the region, Ambassado

Published 31 Oct, 2016 12:00am

EU Commissioner defends Chinese 'slitty eyes' comment

Germany's European Commissioner Guenther Oettinger on Sunday defended his use of the term "slitty eyes" for Chinese people which triggered outrage after they were revealed in a leaked recording of a speech to business leaders. Oettinger - the commissioner

Published 31 Oct, 2016 12:00am

EU and Canada sign free trade deal but battle not over

The European Union and Canada signed a free trade agreement on Sunday that aims to generate jobs and growth though it must still clear some 40 national and regional parliaments in Europe in the coming years to enter fully into force.

Published 31 Oct, 2016 12:00am

EU and Canada sign free trade deal but battle not over

The European Union and Canada signed a free trade agreement on Sunday that aims to generate jobs and growth though it must still clear some 40 national and regional parliaments in Europe in the coming years to enter fully into force.

Published 31 Oct, 2016 12:00am

EU and Canada sign free trade deal but battle not over

The European Union and Canada signed a free trade agreement on Sunday that aims to generate jobs and growth though it must still clear some 40 national and regional parliaments in Europe in the coming years to enter fully into force.

Published 31 Oct, 2016 12:00am

PSM employees: ECC to approve two months salaries today

Economic Co-ordination Committee (ECC) of the Cabinet on Monday (today) will approve two months (June-July) 2016 salaries of Pakistan Steel Mills (PSM) employees on the recommendations of Privatisation Commission.

Published 31 Oct, 2016 12:00am

PSM employees: ECC to approve two months salaries today

Economic Co-ordination Committee (ECC) of the Cabinet on Monday (today) will approve two months (June-July) 2016 salaries of Pakistan Steel Mills (PSM) employees on the recommendations of Privatisation Commission.

Published 31 Oct, 2016 12:00am

PSM employees: ECC to approve two months salaries today

Economic Co-ordination Committee (ECC) of the Cabinet on Monday (today) will approve two months (June-July) 2016 salaries of Pakistan Steel Mills (PSM) employees on the recommendations of Privatisation Commission.

Published 31 Oct, 2016 12:00am

Sanctions threaten Iran climate efforts: vice president

Iran's vice president and environment chief, Massoumeh Ebtekar, has told AFP that the West's failure to fully implement the nuclear deal and lift sanctions are endangering her country's efforts to meet climate targets.

Published 31 Oct, 2016 12:00am

South Korea's 'female Rasputin' returns to face scandal

The woman at the heart of a lurid political scandal engulfing South Korean President Park Geun-Hye returned to the country Sunday to face accusations of influence-peddling and meddling in state affairs.

Published 31 Oct, 2016 12:00am

Turkey fires another 10,000 civil servants in post-coup purge

Turkish authorities have fired over 10,000 more civil servants, as the government presses a crackdown over the failed July coup, the official gazette said. A total of 10,131 government employees have been removed, mainly from the education, justice and he

Published 31 Oct, 2016 12:00am

Rajoy under pressure to ease tensions with new Spanish government

Mariano Rajoy faces the first test of a tough second term as Spanish prime minister this week, as he unveils a new cabinet that must build cross-party support to pass reforms in a fragmented and hostile parliament.

Published 31 Oct, 2016 12:00am

SGAD Punjab holds farewell party

Services & General Administration Department (SGAD) Punjab held a farewell party in the honour of Section Officer Muhammad Saeed, retired after performing 40 years long service, at Darbar Hall Civil Secretariat.

Published 31 Oct, 2016 12:00am

144 enforced due to threats: Zaeem

Spokesman for Punjab Government Zaeem Hussain Qadri here on Sunday talking to journalists stated that section 144 have been enforced in Islamabad and Punjab due to threats of PTI leader Imran Khan. He stated that weapons have been found in car of KPK mini

Published 31 Oct, 2016 12:00am

Visiting injured cadets: Bilawal breaks down into tears

Pakistan Peoples Party (PPP) chairman Bilawal Bhutto Zardari visited the injured police cadets, here on Sunday. Militants' raid on a police training center killed 61 people on October 24, the deadliest assault on a security installation in Pakistan's hist

Published 31 Oct, 2016 12:00am

Visiting injured cadets: Bilawal breaks down into tears

Pakistan Peoples Party (PPP) chairman Bilawal Bhutto Zardari visited the injured police cadets, here on Sunday. Militants' raid on a police training center killed 61 people on October 24, the deadliest assault on a security installation in Pakistan's hist

Published 31 Oct, 2016 12:00am

US, Russiana and Japanese astronauts return from ISS

Three astronauts landed safely in Kazakhstan Sunday following a 115-day mission aboard the International Space Station, including US astronaut Kate Rubins, the first person to sequence DNA in space.

Published 31 Oct, 2016 12:00am

On Africa tour, French PM rules out slavery reparations

French Prime Minister Manuel Valls issued an appeal on Sunday to overcome the legacy of slavery, dismissing claims for financial compensation while acknowledging the "horror" of the slave trade. Valls was visiting Franklin House, a former slave hub in the

Published 31 Oct, 2016 12:00am

Zardari for action against all those responsible

Pakistan People's Party (PPP) Co-Chairman and former President Asif Ali Zardari on Sunday demanded action against all those responsible for 'security leaks.' The PPP leader further demanded action against all terrorists across the country without any disc

Published 31 Oct, 2016 12:00am

Zardari for action against all those responsible

Pakistan People's Party (PPP) Co-Chairman and former President Asif Ali Zardari on Sunday demanded action against all those responsible for 'security leaks.' The PPP leader further demanded action against all terrorists across the country without any disc

Published 31 Oct, 2016 12:00am

'Ab tera kaya bane ga kaliya'

Dispelling all the rumours and speculations, Defence Minister Khawaja Asif has reached back Islamabad on Sunday after attending a wedding in Duabi. "Just landed back Alhamdolillah... Ab tera kaya bane ga kaliya," Khawaja Asif said on Twitter confirming hi

Published 31 Oct, 2016 12:00am

'Ab tera kaya bane ga kaliya'

Dispelling all the rumours and speculations, Defence Minister Khawaja Asif has reached back Islamabad on Sunday after attending a wedding in Duabi. "Just landed back Alhamdolillah... Ab tera kaya bane ga kaliya," Khawaja Asif said on Twitter confirming hi

Published 31 Oct, 2016 12:00am

'Is 'royal family' behind story leak?'

Pakistan Tehreek-e-Insaf chairman Imran Khan on Sunday demanded a detailed investigation into leak of the controversial story to find out if the 'royal family' was behind it.

Published 31 Oct, 2016 12:00am

'Is 'royal family' behind story leak?'

Pakistan Tehreek-e-Insaf chairman Imran Khan on Sunday demanded a detailed investigation into leak of the controversial story to find out if the 'royal family' was behind it.

Published 31 Oct, 2016 12:00am

Nisar says information minister removed for 'dereliction'

A day after information minister Pervaiz Rashid was shown the door, minister for interior Chaudhary Nisar Ali Khan said the former was dismissed as he did not stop the controversial story, involving national security, from going to print.

Published 31 Oct, 2016 12:00am

Nisar says information minister removed for 'dereliction'

A day after information minister Pervaiz Rashid was shown the door, minister for interior Chaudhary Nisar Ali Khan said the former was dismissed as he did not stop the controversial story, involving national security, from going to print.

Published 31 Oct, 2016 12:00am

New Italy quake sows terror, flattens historic basilica

Italy's most powerful earthquake in 36 years struck a new blow to the country's seismically vulnerable heart Sunday, terrifying residents for the third time in nine weeks and flattening a revered 600-year-old church.

Published 31 Oct, 2016 12:00am

New Italy quake sows terror, flattens historic basilica

Italy's most powerful earthquake in 36 years struck a new blow to the country's seismically vulnerable heart Sunday, terrifying residents for the third time in nine weeks and flattening a revered 600-year-old church.

Published 31 Oct, 2016 12:00am

Futures spread down by 44 basis points

The futures spread declined by 44bps to 7.09 percent during the outgoing week ended on October 28, 2016. Trading activities on the futures counter improved significantly during the week as the average daily volumes increased by 53.9 percent to 111.29 mill

Published 31 Oct, 2016 12:00am

Futures spread down by 44 basis points

The futures spread declined by 44bps to 7.09 percent during the outgoing week ended on October 28, 2016. Trading activities on the futures counter improved significantly during the week as the average daily volumes increased by 53.9 percent to 111.29 mill

Published 31 Oct, 2016 12:00am

Futures spread down by 44 basis points

The futures spread declined by 44bps to 7.09 percent during the outgoing week ended on October 28, 2016. Trading activities on the futures counter improved significantly during the week as the average daily volumes increased by 53.9 percent to 111.29 mill

Published 31 Oct, 2016 12:00am

Futures spread down by 44 basis points

The futures spread declined by 44bps to 7.09 percent during the outgoing week ended on October 28, 2016. Trading activities on the futures counter improved significantly during the week as the average daily volumes increased by 53.9 percent to 111.29 mill

Published 31 Oct, 2016 12:00am

Second review of GSP plus: four-member EU mission arrives

A four-member European Union (EU) Mission arrived here on Sunday for the second review of Generalised System of Preferences (GSP) plus to assess implementation status of 27 Conventions in the light of reports submitted by Pakistan, informed sources told <

Published 31 Oct, 2016 12:00am

Second review of GSP plus: four-member EU mission arrives

A four-member European Union (EU) Mission arrived here on Sunday for the second review of Generalised System of Preferences (GSP) plus to assess implementation status of 27 Conventions in the light of reports submitted by Pakistan, informed sources told <

Published 31 Oct, 2016 12:00am

Second review of GSP plus: four-member EU mission arrives

A four-member European Union (EU) Mission arrived here on Sunday for the second review of Generalised System of Preferences (GSP) plus to assess implementation status of 27 Conventions in the light of reports submitted by Pakistan, informed sources told <

Published 31 Oct, 2016 12:00am

Fire arms, liquor recovered from KP minister's car

Islamabad Capital Territory (ICT) Police Sunday claimed that it recovered 5 Kalashnikov rifles, a pistol, 6 magazines, a bullet-proof vest, alcohol and 3 teargas shells from Ali Amin Gandapur. Gandapur, who is Khyber Pakhtunkhwa Minister for Revenue in Pe

Published 31 Oct, 2016 12:00am

Fire arms, liquor recovered from KP minister's car

Islamabad Capital Territory (ICT) Police Sunday claimed that it recovered 5 Kalashnikov rifles, a pistol, 6 magazines, a bullet-proof vest, alcohol and 3 teargas shells from Ali Amin Gandapur. Gandapur, who is Khyber Pakhtunkhwa Minister for Revenue in Pe

Published 31 Oct, 2016 12:00am

Khattak pledges to lead rally towards capital

KP Chief Minister Pervez Khattak has said that he will lead a procession of millions of PTI workers from Swabi Interchange to Bani Gala and will remove all hurdles to reach to Imran Khan. Addressing a public meeting at his native town, Manki Sharif, distr

Published 31 Oct, 2016 12:00am

Khattak pledges to lead rally towards capital

KP Chief Minister Pervez Khattak has said that he will lead a procession of millions of PTI workers from Swabi Interchange to Bani Gala and will remove all hurdles to reach to Imran Khan. Addressing a public meeting at his native town, Manki Sharif, distr

Published 31 Oct, 2016 12:00am

Volatility witnessed

Despite strong financial results and foreign buying, Pakistan Stock Exchange witnessed a bearing trend throughout the outgoing week due to uncertainty on political front, terror attack in Quetta and rollover week, analysts said.

Published 31 Oct, 2016 12:00am

Volatility witnessed

Despite strong financial results and foreign buying, Pakistan Stock Exchange witnessed a bearing trend throughout the outgoing week due to uncertainty on political front, terror attack in Quetta and rollover week, analysts said.

Published 31 Oct, 2016 12:00am

Volatility witnessed

Despite strong financial results and foreign buying, Pakistan Stock Exchange witnessed a bearing trend throughout the outgoing week due to uncertainty on political front, terror attack in Quetta and rollover week, analysts said.

Published 31 Oct, 2016 12:00am

Motorway linking KP reopened but tensions escalate

The motorway linking Khyber Pakhtunkhwa province to the federal capital Islamabad was reopened on Sunday as the authorities removed containers from main roads. Heavy contingents of policemen and FC personnel remain present there to prevent Pakistan Tehree

Published 31 Oct, 2016 12:00am

Motorway linking KP reopened but tensions escalate

The motorway linking Khyber Pakhtunkhwa province to the federal capital Islamabad was reopened on Sunday as the authorities removed containers from main roads. Heavy contingents of policemen and FC personnel remain present there to prevent Pakistan Tehree

Published 31 Oct, 2016 12:00am

Currency

THE RUPEE: divergent trend

The rupee was almost unchanged in terms of the dollar in the interbank market, while it lost 20 paisas versus the greenback in the open during the week, ended on Oct 29, 2016. In the interbank market, the rupee was almost unchanged versus the dollar for b

Published 31 Oct, 2016 12:00am

Currency

THE RUPEE: divergent trend

The rupee was almost unchanged in terms of the dollar in the interbank market, while it lost 20 paisas versus the greenback in the open during the week, ended on Oct 29, 2016. In the interbank market, the rupee was almost unchanged versus the dollar for b

Published 31 Oct, 2016 12:00am

Shanghai Electric to buy $1.77 billion stake in K-Electric

China''s Shanghai Electric power company will buy a controlling stake in K-Electric, a power generation and distribution company, for $1.77 billion, K-Electric''s parent company announced in a statement on Sunday.

Published 31 Oct, 2016 12:00am

Shanghai Electric to buy $1.77 billion stake in K-Electric

China's Shanghai Electric power company will buy a controlling stake in K-Electric, a power generation and distribution company, for $1.77 billion, K-Electric's parent company announced in a statement on Sunday.

Published 31 Oct, 2016 12:00am

Shanghai Electric to buy $1.77 billion stake in K-Electric

China's Shanghai Electric power company will buy a controlling stake in K-Electric, a power generation and distribution company, for $1.77 billion, K-Electric's parent company announced in a statement on Sunday.

Published 31 Oct, 2016 12:00am

The Weather

The weather report on Sunday (October 30, 2016) and the forecast for Monday (October 31, 2016).

Published 31 Oct, 2016 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JANUARY TO JUNE 2016)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 31 Oct, 2016 12:00am

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (October 24 to 28 2016).

Published 31 Oct, 2016 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 31 Oct, 2016 12:00am

CM KP met UK parliamentarians in London

Khyber Pakhtunkhwa Chief Minister Pervez Khattak met parliamentarians and government officials in London during his official visit to the United Kingdom. He was accompanied by Chairman of the CPEC Executive Advisory Committee for the province Ghulam Dastg

Published 31 Oct, 2016 12:00am

Big dams needed to address water scarcity issue: experts

Agricultural experts and farmers have called for addressing the issue of water scarcity, deteriorating ground water quality, and decreasing groundwater level in the agriculture policy.

Published 31 Oct, 2016 12:00am

Interior Ministry recommends 50 percent increase in salaries of FC

The Interior Ministry has recommended 50 percent increase in the salaries of the Frontier Constabulary (FC) and a summary in this regard has been sent to the Prime Minister for approval. Sources said that in line with the directives of Interior Minister C

Published 31 Oct, 2016 12:00am

Dar directs FBR to ease difficulties

Finance Minister Senator Ishaq Dar Sunday directed the Federal Board of Revenue (RBR) to resolve all difficulties being faced by the tax payers in filing of their tax returns. The minister chaired a meeting here to review the progress on revenue collectio

Published 31 Oct, 2016 12:00am

Income Tax: extension in deadline demanded

The Hyderabad Chamber of Commerce and Industry (HCCI) has requested the authorities of Federal Board of Revenue (FBR) to increase the late date for submission of Income Tax to Dec 31.

Published 31 Oct, 2016 12:00am

Recommendations of ADRC: FBR yet to implement LHC order

The Federal Board of Revenue has yet to implement the order passed by Lahore High Court (LHC) wherein it ruled that the recommendations of Alternate Dispute Resolution Committee (ADRC) constituted under Income Tax Ordinance, 2001 and Sales Tax Act, 1990,

Published 31 Oct, 2016 12:00am

'Materials for CPEC should be sourced locally where capacity is available' - Shahnawaz Ishtiaq

BR Research recently sat down with Shahnawaz Ishtiaq who is the Executive Director of Nawab Brothers Steel Mills (Pvt) Ltd. He is a veteran of the steel industry with over 45 years of experience. Twice he has served as Vice Chairman of SITE Association. H

Published 31 Oct, 2016 12:00am

'Materials for CPEC should be sourced locally where capacity is available' - Shahnawaz Ishtiaq

BR Research recently sat down with Shahnawaz Ishtiaq who is the Executive Director of Nawab Brothers Steel Mills (Pvt) Ltd. He is a veteran of the steel industry with over 45 years of experience. Twice he has served as Vice Chairman of SITE Association. H

Published 31 Oct, 2016 12:00am

NHA spends Rs 802.584 million on maintenance of N-10 in three years

National Highway Authority (NHA) has spent a total of 802.584 million on the maintenance of Makran Coastal Highway (N-10) during past three year.

Published 31 Oct, 2016 12:00am

Rulers offer sacrifice to save regime: Rashid

With Information Minister Pervaiz Rashid being sacked from his position making the headlines, comments have been coming from all sides so far. The recent inclusion in this list is Sheikh Rashid Ahmad who has revealed that the current government has offere

Published 31 Oct, 2016 12:00am

Ruling party set for landslide win as Georgia votes

Georgia votes in the second round of contested parliamentary polls Sunday, with the ruling Georgian Dream poised for a landslide victory after opposition parties alleged fraud in the first round.

Published 31 Oct, 2016 12:00am

Europe warns Turkey over death penalty plans

The Council of Europe warned Turkey against reestablishing the death penalty Sunday as Ankara stepped up its crackdown over the failed July coup by firing 10,000 more civil servants. "Executing the death penalty is incompatible with membership of the Coun

Published 31 Oct, 2016 12:00am

Coalition strikes on Yemen detention centre kill 60

Saudi-led coalition air strikes on rebel-held security buildings in western Yemen have killed at least 60 people, many of them inmates buried under the rubble of their detention centre. The strikes late Saturday came just hours after other coalition raids

Published 31 Oct, 2016 12:00am

Scuffles as I Coast votes on divisive constitution

Ivorians were voting on Sunday to determine the fate of constitutional changes the president says will help end years of unrest, with scuffles erupting at several polling stations. The package put to the country's 6.3 million voters has alarmed the opposi

Published 31 Oct, 2016 12:00am

Saudi says foiled plot to bomb World Cup qualifier

Saudi authorities said Sunday they had foiled a plot to bomb a football stadium during a World Cup qualifying match and dismantled two "terrorist" cells linked to the Islamic State group. The interior ministry said in a statement that four suspects from e

Published 31 Oct, 2016 12:00am

Iceland set for coalition haggling after Pirates advance

Iceland was headed on Sunday for tense talks over its next government after an alliance led by the anti-establishment Pirate Party gained ground against the ruling centre-right in a vote triggered by the Panama Papers scandal. Final figures from Saturday'

Published 31 Oct, 2016 12:00am

Anti-graft activist among four dead in Libya blast

A prominent anti-corruption activist was one of four people killed in an explosion in Libya's second city of Benghazi, in the east of the strife-torn country, officials said Sunday.

Published 31 Oct, 2016 12:00am

China ships still at disputed shoal, fishermen back: Manila

Chinese coastguard ships are still patrolling the disputed Scarborough Shoal in the South China Sea but are not stopping Filipinos from fishing there, a Philippine defence spokesman said Sunday. The information - from fishermen who have just returned from

Published 31 Oct, 2016 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 27	157.88
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.25
Euro to USD / Dec 27	1.04

Stock	Volume
S&P 500 / Dec 26	6,037.59
Nasdaq / Dec 26	20,020.36
Dow Jones / Dec 26	43,325.80
India Sensex / Dec 27	78,791.05
Tokyo Nikkei / Dec 27	40,281.16
Hang Seng / Dec 27	20,096.01
FTSE 100 / Dec 27	8,137.45
Germany DAX 30 / Dec 27	19,830.60

Item	Value
Gold 10 Grams PKR / Dec 26	234,911.70
Petrol/Litre / Dec 27	252.10
Crude Oil USD/Barrel / Dec 27	69.54
Karachi Cotton PKR/37.32 KG / Dec 27	17,785
Gold Spot USD/Ounce / Dec 27	2,634.16
Diesel/Litre / Dec 27	255.38

Stock	Price
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Trust Sec.& Brok. / Dec 27 Trust Securities & Brokerage Limited(TSBL)	12.71 ▲ 1.16 (10.04%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)
Liven Pharma / Dec 27 Liven Pharma Limited(LIVEN)	124.41 ▲ 11.31 (10.00%)
Nimir Resins / Dec 27 Nimir Resins Limited(NRSL)	35.41 ▲ 3.22 (10.00%)
Suhail Jute / Dec 27 Suhail Jute Mills Limited(SUHJ)	108.97 ▲ 9.91 (10.00%)
Javedan Corp. / Dec 27 Javedan Corporation Limited(JVDC)	63.40 ▲ 5.76 (9.99%)
Pak Gulf Leasing / Dec 27 Pak-Gulf Leasing Company Limited(PGLC)	17.39 ▲ 1.58 (9.99%)

Stock	Price
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Olympia Mills / Dec 27 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Hafiz Ltd. / Dec 27 Hafiz Limited(HAFL)	255 ▼ -26.68 (-9.47%)
Premium Textile / Dec 27 Premium Textile Mills Limited(PRET)	351 ▼ -33.21 (-8.64%)
Philip Morris Pak. / Dec 27 Philip Morris (Pakistan) Limited(PMPK)	675 ▼ -60.94 (-8.28%)
Kohinoor Mills / Dec 27 Kohinoor Mills Limited(KML)	29.50 ▼ -2.53 (-7.90%)
Imperial Limited / Dec 27 Imperial Limited(IML)	19 ▼ -1.45 (-7.09%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	93,341,113 ▲ 1.32
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	49,879,145 ▲ 0.01
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 2.03
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.08
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	24,742,934 ▲ 0.50
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	24,686,322 ▲ 0.36
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	24,609,345 ▲ 1.09
K-Electric Ltd. / Dec 27 K-Electric Limited(KEL)	22,753,854 ▲ 0.10
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	18,141,504 ▼ -0.06

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