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Print - 2016-11-03
Iran oil exports hit 2.44 million bpd

Iran oil exports hit 2.44 million bpd

Iran boosted its oil exports to 2.44 million barrels per day in late October as it regains market share lost during years of international sanctions, its oil minister said Wednesday.
Published 03 Nov, 2016 12:00am
Rubber slumps

Rubber slumps

Benchmark Tokyo rubber futures fell more than 3 percent to a one-week low on Wednesday as declines in oil and the Tokyo Stock Exchange weighed on prices. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in Southeast Asia
Published 03 Nov, 2016 12:00am
Raw sugar jumps, Arabica coffee turns higher

Raw sugar jumps, Arabica coffee turns higher

Raw sugar futures on ICE surged higher after tapping a six-week trough on Wednesday, breaking a six-day losing streak after the market found support at the 100-day moving average.
Published 03 Nov, 2016 12:00am
Gold rallies in New York

Gold rallies in New York

Gold, silver and platinum rallied to one-month highs on Tuesday as concerns over the outcome of the US election sparked losses in stocks and the dollar, prompting investors to seek out precious metals as a haven from risk.
Published 03 Nov, 2016 12:00am
Gold rises in Asia

Gold rises in Asia

Gold hit a near one-month high on Wednesday as investors grew more concerned over the global economic outlook and started looking for safe-haven assets on signs that the US presidential election race was tightening. The mounting anxiety over the elections
Published 03 Nov, 2016 12:00am
Gold breaks above $1,300/oz in Europe

Gold breaks above $1,300/oz in Europe

Gold rallied to a one-month high on Wednesday as uncertainty over the outcome of the US election knocked stocks and the dollar lower and burnished the appeal of precious metals as a haven from risk. Investor anxiety over the election after the renewal of
Published 03 Nov, 2016 12:00am
South Korea's NOFI buys 273,000 tonne corn

South Korea's NOFI buys 273,000 tonne corn

South Korea's largest feedmaker Nonghyup Feed Inc (NOFI) purchased about 273,000 tonnes of corn in a tender which closed on Wednesday, European traders said. The corn was bought in four consignments which can be sourced from the United States, South Ameri
Published 03 Nov, 2016 12:00am
Oil prices slide three percent on record US crude stock build

Oil prices slide three percent on record US crude stock build

Oil prices tumbled 3 percent on Wednesday after a record weekly build in US crude inventories stoked investor worries about a global supply glut, days after analysts estimated higher monthly Opec crude output. The US Energy Information Administration (EIA
Published 03 Nov, 2016 12:00am
US MIDDAY: soya and corn sag

US MIDDAY: soya and corn sag

US soyabean futures fell on Wednesday for a fourth straight session on long liquidation and profit-taking ahead of a key US government crop report and jitters over next week's presidential election, analysts said. Corn also declined, with the December con
Published 03 Nov, 2016 12:00am
US MIDDAY: gold climbs

US MIDDAY: gold climbs

Gold rallied to a one-month high on Wednesday, as uncertainty over the outcome of the US election knocked stocks and the dollar lower, but bullion pared gains slightly after the Federal Reserve held interest rates steady as expected.
Published 03 Nov, 2016 12:00am
Prices mixed as big US soyabean crop looms

Prices mixed as big US soyabean crop looms

Prices were mixed in Europe's animal feed meal market on Tuesday, with weakness caused by a fall in Chicago soyameal futures as attention turned to the record-large US soyabean crop now being harvested.
Published 03 Nov, 2016 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 2,941. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 4.53 billion and the number of lots traded was 10,967.
Published 03 Nov, 2016 12:00am
HRW wheat bids steady

HRW wheat bids steady

Basis bids for hard red winter (HRW) wheat in the southern US Midwest held steady on Tuesday after wheat futures slipped and bids for trains headed to the US Gulf Coast gained slightly, dealers said.
Published 03 Nov, 2016 12:00am
US FOB Gulf soya and corn offers mostly steady

US FOB Gulf soya and corn offers mostly steady

Export premiums for soyabeans and corn shipped from the US Gulf Coast held mostly steady on Tuesday amid solid demand from buyers, even as futures prices weakened, traders said. The US Department of Agriculture said private exporters sold 212,344 tonnes o
Published 03 Nov, 2016 12:00am
European wheat prices rise to two-month high

European wheat prices rise to two-month high

European wheat prices rose to a new two-month high on Monday in the wake of a rally on US markets and support from strong demand for German wheat. December milling wheat on Paris-based Euronext unofficially closed up 0.9 percent at 166 euros a tonne after
Published 03 Nov, 2016 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 161,821 tonnes of cargo comprising 137,078 tonnes of import cargo and 24,743 tonnes of export cargo including 5,817 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday.
Published 03 Nov, 2016 12:00am
Cotton market: prices fall on modest business
Cotton

Cotton market: prices fall on modest business

In line with the international track, cotton prices fell on the cotton market on Wednesday in the process of modest trading, dealers said. The official spot rate was lower by Rs 50 to Rs 5900, dealers said. In Sindh, seed cotton prices were same at Rs 220
Published 03 Nov, 2016 12:00am
US natural gas futures drop over 4 percent on milder weather

US natural gas futures drop over 4 percent on milder weather

US natural gas futures fell over 4 percent on Tuesday after passing through technical stops on forecasts for mild weather and light heating demand through at least mid-November. That would leave utilities with more than enough fuel to inject into stockpil
Published 03 Nov, 2016 12:00am
City stun Barca, Ozil magic as Arsenal progress

City stun Barca, Ozil magic as Arsenal progress

Manchester City got their revenge on Barcelona as Ilkay Gundogan scored twice in a 3-1 win in the Champions League on Tuesday, while Arsenal were one of four sides to secure progress to the last 16. Pep Guardiola's side had lost 4-0 away in Barcelona two
Published 03 Nov, 2016 12:00am
Team management for New Zealand tour announced

Team management for New Zealand tour announced

Pakistan Cricket Board (PCB) Wednesday announced the Team Management for New Zealand tour starting from November 17. Azhar Mahmood has been assigned bowling coach for a period of two years effective from November 1, 2016. Team Pakistan will play two Test
Published 03 Nov, 2016 12:00am
Nishikori lands milestone win

Nishikori lands milestone win

Japanese fifth seed Kei Nishikori claimed his 300th career win on Wednesday, beating Serbia's Viktor Troicki 6-2, 7-5 to reach the last 16 of the Paris Masters. Nishikori, who is set to make his third appearance at the end-of-season Tour finals this month
Published 03 Nov, 2016 12:00am
Sri Lanka post crushing win

Sri Lanka post crushing win

Rangana Herath and Dilruwan Perera took three wickets apiece to break Zimbabwe's resistance and secure a 225-run victory for Sri Lanka in the first Test at Harare Sports Club on Wednesday.
Published 03 Nov, 2016 12:00am
All-Pakistan Women Cricket: Mardan defeat Peshawar White

All-Pakistan Women Cricket: Mardan defeat Peshawar White

Right-arm medium fast bowler Nadra steered Mardan to three wickets victory before finishing four wickets for 11 runs in her three overs spell on Wednesday in the ongoing 2nd All-Pakistan Twenty20 Women Cricket Tournament being played here at Arbab Niaz Cr
Published 03 Nov, 2016 12:00am
UK's PM savages FIFA over poppy issue

UK's PM savages FIFA over poppy issue

British Prime Minister Theresa May branded FIFA's opposition to England and Scotland players wearing poppies on their shirts in the 2018 World Cup qualifier on Armistice Day as 'outrageous'.
Published 03 Nov, 2016 12:00am
West Indies on brink of consolation victory

West Indies on brink of consolation victory

Skipper Jason Holder took a maiden five-wicket haul and opener Kraigg Brathwaite stood firm in a tense chase to bring West Indies in sight of a consolation win in the third and final Test against Pakistan in Sharjah on Wednesday.
Published 03 Nov, 2016 12:00am
New Zealand employment surges, but wage growth still slow

New Zealand employment surges, but wage growth still slow

New Zealand's jobless rate dropped to near eight-year lows last quarter as employment blew past all expectations, yet stubbornly low wage growth meant the broadly strong numbers were still no bar to another cut in interest rates.
Published 03 Nov, 2016 12:00am
Elephant poaching costs Africa tourism $25 million

Elephant poaching costs Africa tourism $25 million

Stopping the killing of elephants for their tusks could add some $25 million (23 million euros) to Africa's annual tourism income, more than offsetting the anti-poaching spend, a study said Tuesday.
Published 03 Nov, 2016 12:00am
Australia budget gets China gift, may save credit ratings crown

Australia budget gets China gift, may save credit ratings crown

An odd mix of policy action in China and policy failure at home is proving an unlikely tonic for Australia's growing budget deficit, perhaps even enough to forestall a near-term downgrade of the country's pristine AAA credit rating
Published 03 Nov, 2016 12:00am
IMF cuts growth forecasts for Baltic countries

IMF cuts growth forecasts for Baltic countries

The International Money Fund cut its 2016 and 2017 growth forecasts for the Baltic countries on Wednesday, and warned that shrinking corporate profit margins were a risk to their longer-term economic growth.
Published 03 Nov, 2016 12:00am
Japan announces nearly $8 billion for Myanmar development

Japan announces nearly $8 billion for Myanmar development

Japanese Prime Minister Shinzo Abe on Wednesday announced nearly $8 billion in aid, loans and investment to promote development and reconciliation in Myanmar after talks with its de facto leader Aung San Suu Kyi. The 800 billion yen ($7.7 billion) package
Published 03 Nov, 2016 12:00am
Malaysia signs 'landmark' deal to buy China warships

Malaysia signs 'landmark' deal to buy China warships

Malaysia will buy four combat vessels from China in a "landmark" defence deal, Prime Minister Najib Razak said, signalling a potential strategic shift away from the United States. The agreement marked the first time Kuala Lumpur had purchased warships fro
Published 03 Nov, 2016 12:00am
Alibaba sales growth soars into the cloud

Alibaba sales growth soars into the cloud

Chinese e-commerce giant Alibaba's sales soared 55 percent in the last quarter, thanks in part to a more than doubling of revenue from cloud computing, the company said Wednesday.
Published 03 Nov, 2016 12:00am
US private sector hiring falls in October

US private sector hiring falls in October

Job creation in the US private sector slowed in October following strong gains in the previous month, the ADP payrolls firm said Wednesday. US businesses added 147,000 new positions for the month, well below a consensus analyst forecast of 165,000 jobs. H
Published 03 Nov, 2016 12:00am
Time Warner beats expectations

Time Warner beats expectations

Time Warner Inc, which has agreed to be acquired by telecom company AT&T Inc, on Wednesday raised its full-year outlook and reported quarterly profit topping Wall Street expectations, powered by higher box office and cable network revenues. Despite the st
Published 03 Nov, 2016 12:00am
Time Warner beats expectations

Time Warner beats expectations

Time Warner Inc, which has agreed to be acquired by telecom company AT&T Inc, on Wednesday raised its full-year outlook and reported quarterly profit topping Wall Street expectations, powered by higher box office and cable network revenues. Despite the st
Published 03 Nov, 2016 12:00am
German jobless rate hits record low, job vacancies rise

German jobless rate hits record low, job vacancies rise

German unemployment fell more than expected in October, pushing down the jobless rate in Europe's biggest economy to a record low and signalling a likely fourth-quarter boost for private consumption and overall economic growth. The seasonally adjusted job
Published 03 Nov, 2016 12:00am
Eurozone October factory growth near three-year high

Eurozone October factory growth near three-year high

Eurozone manufacturing activity accelerated at its fastest rate in nearly three years last month, supported by a buoyant performance from Germany, while inflationary pressures showed further signs of recovery, a survey found on Wednesday.
Published 03 Nov, 2016 12:00am
Training vital component of human resource: Jhagra

Training vital component of human resource: Jhagra

KP Governor, Iqbal Zafar Jhagra has said that training is an important component of human resource development, which builds up leadership qualities and confidence amongst officers to meet the expectations of the public and the government. The training, h
Published 03 Nov, 2016 12:00am
RTO holds seminar on withholding provisions, property tax

RTO holds seminar on withholding provisions, property tax

In order to create awareness about different Withholding Provisions of the Income Tax Ordinance 2001 and the Finance Act 1989 pertaining to transfer/registration of immovable property, a seminar was arranged by the Regional Tax Office, Islamabad. Represen
Published 03 Nov, 2016 12:00am
PTI workers disappointed by party chief, claims leader of Opposition

PTI workers disappointed by party chief, claims leader of Opposition

Leader of the Opposition in the National Assembly Syed Khursheed Ahmed Shah has said that Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan's decision to call off the sit-in has disappointed his political workers and strengthened Prime Minister Nawaz Sha
Published 03 Nov, 2016 12:00am
Afghanistan seeks release of Sharbat Gula on humanitarian grounds

Afghanistan seeks release of Sharbat Gula on humanitarian grounds

The Ambassador of Afghanistan in Pakistan, Dr Umar Zakhilwal has urged the government of Pakistan for treating of Afghan woman Sharbat Gula (Afghan Mona Lisa) as a celebrity of international fame and consider her innocent in fake identity card case as she
Published 03 Nov, 2016 12:00am
President administers oath to Maryam Aurangzeb

President administers oath to Maryam Aurangzeb

President Mamnoon Hussain administered the oath of office to MNA Maryam Aurangzeb as State Minister in a special ceremony held at Aiwan-e-Sadr, Islamabad on Wednesday.
Published 03 Nov, 2016 12:00am
CNIC fraud case: Sharbat Gula's bail plea dismissed

CNIC fraud case: Sharbat Gula's bail plea dismissed

A special court in Peshawar on Wednesday rejected bail application of National Geographic magazine's famed 'Afghan Girl' Sharbat Gula who has been in the custody of the Federal Investigation Agency (FIA) since Oct 26 in illegal Pakistani computerised nati
Published 03 Nov, 2016 12:00am
India to deploy T-90 tanks on borders with Pakistan

India to deploy T-90 tanks on borders with Pakistan

The Indian Army is planning to procure 464 advanced T-90 battle tanks from Russia for deployment on its western borders with Pakistan. "We are planning to procure the latest variants which would be deployed to tackle the heightened threat on the western f
Published 03 Nov, 2016 12:00am
KP minister for ensuring due share of smaller provinces in CPEC

KP minister for ensuring due share of smaller provinces in CPEC

Khyber Pakhtunkhwa Senior Minister for Irrigation Sikandar Hayat Khan Sherpao has called upon the federal government to make sincere efforts to provide the smaller provinces with their due share in the CPEC project to ensure uniform and broad development
Published 03 Nov, 2016 12:00am
Ministry envisages plan to boost exports to Azerbaijan

Ministry envisages plan to boost exports to Azerbaijan

In follow-up of the Prime Minister of Pakistan's visit to Azerbaijan last month, Ministry of Commerce and Ministry of Defense Production has developed a joint action plan to enhhance exports to $500 million. The decision was taken during an Inter-Minister
Published 03 Nov, 2016 12:00am
PESCO accelerates drive against power pilferers

PESCO accelerates drive against power pilferers

Peshawar Electric Supply Company (PESCO) has accelerated drive against illegal use of electricity throughout Khyber Pakhtunkhwa. In this connection PESCO Police Peshawar along with raiding teams conducted raids in different areas of Peshawar and hundreds
Published 03 Nov, 2016 12:00am
SECP approves paddy rice futures contracts for listing on PMEX

SECP approves paddy rice futures contracts for listing on PMEX

To further its endeavour to promote electronic trading of agricultural commodities through the platform of Pakistan Mercantile Exchange (PMEX), and to protect the interests of participants in the agriculture value chain (farmers in particular), the Securi
Published 03 Nov, 2016 12:00am
Eye camp in Muzaffargarh: Lalpir Power collaborates with LRBT

Eye camp in Muzaffargarh: Lalpir Power collaborates with LRBT

Leading Independent Power Producer Lalpir Power Ltd organised a one day eye camp for the residents of Muzaffargarh in collaboration with the Layton Rahmatulla Benevolent Trust (LRBT). The eye-camp featured the participation of more than 1,400 patients who
Published 03 Nov, 2016 12:00am
LCCI for restrictions on illegal Pak-Iranian trade

LCCI for restrictions on illegal Pak-Iranian trade

The Lahore Chamber of Commerce and Industry (LCCI) President Abdul Basit has said that restriction of illegal trade between Iran and Pakistan can give considerable boost to the mutual trade volume. While talking to Iranian delegation, led by Mohsen Heidar
Published 03 Nov, 2016 12:00am
Thick smog engulfs city

Thick smog engulfs city

Thick smog engulfed the city for second consecutive day on Wednesday, which decreased visibility on open areas and Motorway has decreased to 20-25 meters. Despite modest mercury, thick smog became a source of irritation for the public at large, as it is c
Published 03 Nov, 2016 12:00am
Nine terrorists killed in encounter; five escape

Nine terrorists killed in encounter; five escape

Counter-Terrorism Department (CTD) personnel late on Tuesday killed nine suspected terrorists and seized arms and explosives from them in Sheikhupura. The CTD team conducted a raid in Khairu Ki Maliyan area of Sheikhupura, a CTD spokesman said. The exchan
Published 03 Nov, 2016 12:00am
PFC delegation leaves for China to attend Canton Fair

PFC delegation leaves for China to attend Canton Fair

A high level 4-member delegation of Pakistan Furniture Council (PFC) left here on Wednesday for China to participate in three-day International China Import and Export Fair also known as the Canton Fair to explore new avenues of prospective investors by s
Published 03 Nov, 2016 12:00am
PIA operates 3738 flights in October

PIA operates 3738 flights in October

PIA has operated 3738 international and domestic flights in the month of October with an airline punctuality of 95.5 percent and an overall punctuality of 88 percent. PIA spokesman said the passengers have expressed their deep satisfaction over the onboar
Published 03 Nov, 2016 12:00am
Shuttle service planned during Raiwand congregation

Shuttle service planned during Raiwand congregation

Lahore Transport Company (LTC) in cooperation with private transport operators will ply exclusive operation of shuttle service comprising mini-buses to facilitate the commuters during first phase of Raiwand congregation (Ijtima). Mini-buses will operate i
Published 03 Nov, 2016 12:00am
'RTO makes efforts to enhance tax base, facilitates taxpayers'

'RTO makes efforts to enhance tax base, facilitates taxpayers'

Regional Tax Office (RTO) is making hectic efforts to enhance tax base in addition to facilitating the tax payers but concealment of tax would not be allowed, said Shad Muhammad Chief Commissioner in Land Revenue Faisalabad.
Published 03 Nov, 2016 12:00am
Gulf markets fall as Saudi index outperforms
Currency

Gulf markets fall as Saudi index outperforms

Gulf stock markets fell on Wednesday after drops in global bourses and oil prices, but banking shares limited the decline in Saudi Arabia. Egypt's blue chip index rose after the government approved steps designed to boost investment.
Published 03 Nov, 2016 12:00am
Indian shares fall

Indian shares fall

Indian shares closed more than 1 percent lower on Wednesday, as signs that the US presidential race was tightening rattled global investor sentiment, sending Asian shares to seven-week lows and weakening the dollar. The BSE index ended 1.25 percent lower
Published 03 Nov, 2016 12:00am
Wednesday's afternoon trade: stocks extend losses

Wednesday's afternoon trade: stocks extend losses

US stocks extended losses in afternoon trading on Wednesday, with the S&P 500 headed for seventh day of losses as a tightening race for the White House rattled investors and a fall in oil prices also weighed.
Published 03 Nov, 2016 12:00am
Wall Street shaken by US election, rate uncertainty

Wall Street shaken by US election, rate uncertainty

Wall Street sold off sharply on Tuesday, with the S&P 500 touching a nearly four-month low, amid growing concern over the impending US presidential election and prospects for higher US interest rates. The CBOE Volatility Index, a gauge of near-term invest
Published 03 Nov, 2016 12:00am
Hong Kong stocks fall

Hong Kong stocks fall

Hong Kong shares ended at their lowest in more than two months on Wednesday, joining a global sell-off in risk assets amid uncertainty over the US presidential election next week. The benchmark Hang Seng index fell 1.5 percent, to 22,810.50, while the Chi
Published 03 Nov, 2016 12:00am
US bonds gain on safety buying as stocks drop

US bonds gain on safety buying as stocks drop

US Treasury prices ended higher on Tuesday after stocks fell to their lowest levels since July, increasing demand for safe-haven assets as uncertainty over next week's US presidential election weighed on investor sentiment. The S&P 500 stock index dropped
Published 03 Nov, 2016 12:00am
US bonds gain on safety buying as stocks drop

US bonds gain on safety buying as stocks drop

US Treasury prices ended higher on Tuesday after stocks fell to their lowest levels since July, increasing demand for safe-haven assets as uncertainty over next week's US presidential election weighed on investor sentiment. The S&P 500 stock index dropped
Published 03 Nov, 2016 12:00am
China stocks dip

China stocks dip

China stocks ended lower on Wednesday as investors sought shelter after a global selloff in riskier assets amid increasing nervousness over a tightening US presidential race. The blue chip CSI300 index fell 0.8 percent to 3,333.35 points, while the Shangh
Published 03 Nov, 2016 12:00am
Tokyo shares down as 'Trump risk' scares investors

Tokyo shares down as 'Trump risk' scares investors

Tokyo shares closed lower Wednesday, extending a global selloff sparked by an opinion poll that put Donald Trump slightly ahead of his market-favoured Democratic rival Hillary Clinton in the US presidential race. The ABC News/Washington Post tracking poll
Published 03 Nov, 2016 12:00am
European shares end at over three-month low

European shares end at over three-month low

European shares fell for the eighth straight day on Wednesday, driven downward by signs of a tightening race for the US presidency next week and a drop in A.P. Moller-Maersk after disappointing results. The STOXX 600 index slid 1.1 percent to its lowest s
Published 03 Nov, 2016 12:00am
'Big Four' banks lead Australian shares lower

'Big Four' banks lead Australian shares lower

Australian shares fell on Wednesday, weighed down by selling of the "Big Four" banks and growing aversion to riskier assets ahead of a US Federal Reserve policy decision later in the day and the US presidential election next week.
Published 03 Nov, 2016 12:00am
SE Asian stocks down on US election

SE Asian stocks down on US election

Southeast Asian stock markets ended lower on Wednesday, tracking Asian peers, with the Philippines losing over 2 percent as the likelihood of a tight US presidential race and concerns over the outcome of the Federal Reserve meeting spooked sentiment.
Published 03 Nov, 2016 12:00am
FTSE slips to one-month low on US election jitters

FTSE slips to one-month low on US election jitters

Britain's top share index slipped to a one-month low on Wednesday as global equities suffered from nerves over the upcoming US presidential election and Standard Chartered was hit by broker downgrades.
Published 03 Nov, 2016 12:00am
Khurram Tariq made MIEA chairman

Khurram Tariq made MIEA chairman

Dr Khurram Tariq, CEO Kay & Emms (Pvt) Ltd has been elected as Chairman, while Hamid Rashid CEO S M Textile and Muhammad Idrees Pansota, Director Lyallpur Fashions as Vice Chairmen of Millat Industrial Estate Association for two years (2016-18).
Published 03 Nov, 2016 12:00am
Gang involved in various crimes held

Gang involved in various crimes held

The Rangers Sindh claimed to have arrested a gang involved in various crimes, here on Wednesday. A Rangers spokesman said the force conducted raids at different parts of Malir Town on reliable information that led to arrest of a gang involved in taking br
Published 03 Nov, 2016 12:00am
Mukhtaran Mai walks the fashion runway

Mukhtaran Mai walks the fashion runway

Gang-raped and paraded naked in public 14 years ago, Mukhtar Mai walked the fashion runway during fashion week on Tuesday. A red-carpet reception in Karachi, attended by the country's fashion elite, served as the forum for Mai's symbolic fashion debut-som
Published 03 Nov, 2016 12:00am
Resolution of energy, environmental issues urged

Resolution of energy, environmental issues urged

The national and international experts have underlined the need for resolving the issues of energy and environmental challenges for sustainable development in Pakistan as according to them no goal of development can be achieved for the betterment of the p
Published 03 Nov, 2016 12:00am
APTMA seeks removal of four percent duty on cotton import
Cotton

APTMA seeks removal of four percent duty on cotton import

All Pakistan Textile Mills Association (APTMA) is seeking removal of four percent custom duty on import of raw cotton to meet the domestic demand. Zahid Mazhar, Senior Vice Chairman APTMA, said on Wednesday that despite APTMA demand, the government is not
Published 03 Nov, 2016 12:00am
Two women dead as roof caves in

Two women dead as roof caves in

At least two women died and three others were injured when roof of a private clinic collapsed here on Wednesday. Police said that dilapidated roof of a private medical clinic located in Milad Park locality of Bannu suddenly came down. Five women who had c
Published 03 Nov, 2016 12:00am
JS Bank sponsors TEDX Lahore Women

JS Bank sponsors TEDX Lahore Women

JS Bank sponsored "TEDx Lahore Women" held at a local university in Lahore. TEDx is known to be a platform for motivational and inspirational talks about current trends and happenings. It is a reputable forum where speakers raise their voices to enlighten
Published 03 Nov, 2016 12:00am
Mian Ahmed elected APSEA chairman

Mian Ahmed elected APSEA chairman

Mian Muhammad Ahmed has been elected as Chairman All Pakistan Solvent Extractors Association (APSEA) for the term 2016-17. He is a leading industrialist, having Solvent and Extraction industry in Site and Port Qasim, Karachi.
Published 03 Nov, 2016 12:00am
Dr Asim to be released soon: Sindh chief minister

Dr Asim to be released soon: Sindh chief minister

Chief Minister Sindh Syed Murad Ali Shah has said that Dr Asim Hussain was political prisoner and he would be released soon by the courts. Talking to media persons after visiting Dr Asim Hussain at Jinnah Postgraduate Medical Center (JPMC), chief minister
Published 03 Nov, 2016 12:00am
'Sindh government to provide pollution-free atmosphere'

'Sindh government to provide pollution-free atmosphere'

The Sindh Government has decided to ensure solid waste management under which landfill sites will be allotted for disposal of waste with objective to provide health environment and save the people from different deadly diseases like cancer, hepatitis and
Published 03 Nov, 2016 12:00am
Arms cache unearthed in graveyard

Arms cache unearthed in graveyard

Rangers on Tuesday night unearthed a huge cache of arms and ammunition dumped in Karachi's Sakhi Hassan graveyard, sources said. According to details, Rangers, together with intelligence personnel, reached the graveyard and surrounded it with the help of
Published 03 Nov, 2016 12:00am
Old-design banknotes being demonetised from December 1

Old-design banknotes being demonetised from December 1

All old-design banknotes will cease to be legal tender with effect from 1st December, 2016. The Rs 5 banknote and the old-design Rs 500 banknote have already been demonetized and the State Bank of Pakistan has issued a new design banknote series which sta
Published 03 Nov, 2016 12:00am
Around 26,500 litres of smuggled Iranian diesel seized, claims MCC

Around 26,500 litres of smuggled Iranian diesel seized, claims MCC

Model Customs Collectorate (MCC), Preventive on Wednesday claimed to have seized around 26,500 litres of smuggled Iranian diesel near the coast of Karachi. This was stated by Chief Collector Muhammad Zahid Khokar along with Collector Preventive Saifuddin
Published 03 Nov, 2016 12:00am
Quetta WCCI urges PM to fulfil promises regarding CPEC

Quetta WCCI urges PM to fulfil promises regarding CPEC

Women Chamber of Commerce & Industry Quetta (WCCI) on Wednesday demanded that Prime Minister Nawaz Sharif may remove concerns of the Pashtuns and Balochs regarding China-Pakistan Economic Corridor (CPEC).
Published 03 Nov, 2016 12:00am
Last 'Jungle' children bussed to shelters around France

Last 'Jungle' children bussed to shelters around France

Over 1,600 unaccompanied minors left in Calais after the demolition of the infamous "Jungle" migrant camp were bussed to shelters across France on Wednesday, even as many still hoped to be admitted to Britain.
Published 03 Nov, 2016 12:00am
Duterte sets 17 Vietnamese fishermen free

Duterte sets 17 Vietnamese fishermen free

President Rodrigo Duterte on Wednesday personally saw off 17 Vietnamese fishermen who had trespassed in Philippine waters, after ordering their release in a gesture of friendship towards Hanoi. Duterte ordered the release of the 17 men, who were apprehend
Published 03 Nov, 2016 12:00am
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