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Nov 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-11-08
Ukraine harvests 56 million tonnes of grain

Ukraine harvests 56 million tonnes of grain

Ukraine has harvested 55.9 million tonnes of grain from 12.8 million hectares, or 90 percent of its sowing area, as of November 4, Ukraine's Agriculture Ministry said on Friday. The average yield rose to 4.35 tonnes per hectare from 4.02 tonnes a year ear
Published 08 Nov, 2016 12:00am
Thailand unveils $514 million as loans to rice growers

Thailand unveils $514 million as loans to rice growers

Thailand's rice committee announced new loan schemes worth $514 million on Monday to help rice growers struggling with falling prices as farmers of the grain become the new battleground between the junta and the opposition ahead of 2017 elections. Tumblin
Published 08 Nov, 2016 12:00am
Wet spring revives Brazil's coffee, soya, sugar cane crops

Wet spring revives Brazil's coffee, soya, sugar cane crops

Brazil's soya, coffee and sugar cane crops are off to a good start to the season that will harvest in 2017, after wet spring weather breathed life into farms that have struggled with drought over the past few years. The early start to the rainy season cou
Published 08 Nov, 2016 12:00am
Cotton market: prices up on strong demand by mills
Cotton

Cotton market: prices up on strong demand by mills

A renewed buying by mills and spinners pushed the rates higher on the cotton market on Monday in the process of trading, dealers said. The official spot rate went up by Rs 50 to Rs 5950, dealers said. In Sindh, seed cotton prices were same at Rs 2200-3050
Published 08 Nov, 2016 12:00am
Ghana buys 200,000 tonnes of cocoa in October

Ghana buys 200,000 tonnes of cocoa in October

Cocoa purchases declared to Ghana's industry regulator Cocobod amounted to around 200,000 tonnes in October, the first month of the 2016/17 season, two senior government sources in the cocoa sector said on Friday. The officials gave no comparative figure
Published 08 Nov, 2016 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Friday 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 3.33 billion and the number of lots traded was 8,308. Major business was contributed by gold
Published 08 Nov, 2016 12:00am
US FOB Gulf corn offers lower

US FOB Gulf corn offers lower

Export premiums for corn shipped from the US Gulf Coast were flat to lower on Friday, weighed down by abundant supplies and minimal demand for near term shipments, traders said. Demand on Friday was light. Traditional US customers such as Mexico and Japan
Published 08 Nov, 2016 12:00am
Torrential rain expected to hit Vietnam's coffee belt

Torrential rain expected to hit Vietnam's coffee belt

Torrential rain is forecast to continue in Vietnam's biggest coffee growing provinces in coming days, government reports said on Friday, potentially further disrupting harvesting of the 2016/2017 crop. That has been stoking worries about supply from the w
Published 08 Nov, 2016 12:00am
EU wheat prices little changed

EU wheat prices little changed

West European wheat prices were little changed on Friday in keeping with Chicago futures as traders braced for the US presidential election and monthly US crop forecasts that could both stir the market next week. December milling wheat on Paris-based Euro
Published 08 Nov, 2016 12:00am
Chinese iron ore futures climb to two-year high

Chinese iron ore futures climb to two-year high

Chinese iron ore futures climbed to their strongest level in more than two years on Friday, reflecting firm demand for the steelmaking raw material as steel prices stretched gains along with coal to multi-year highs. Helped by rising futures and increased
Published 08 Nov, 2016 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 234,866 tonnes of cargo comprising 151,664 tonnes of import cargo and 83,202 tonnes of export cargo including 4,067 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday.
Published 08 Nov, 2016 12:00am
Iran to sign gas production deal with France's Total: ministry

Iran to sign gas production deal with France's Total: ministry

Iran will sign a deal with France's Total on Tuesday for the development of gas production at a major offshore field in the Gulf, the Iranian oil ministry said. The Heads of Agreement (HOA) for the development of Phase 11 of the important South Pars field
Published 08 Nov, 2016 12:00am
Iran's Airbus jet purchase gets boost from lease finance deal

Iran's Airbus jet purchase gets boost from lease finance deal

Iran has reached a deal with a foreign leasing company to finance the first 17 jets it plans to buy from Airbus, breaking a logjam in efforts to import aircraft following the lifting of sanctions, people familiar with the move said.
Published 08 Nov, 2016 12:00am
Irish firm in $2.2 billion deal to build Vietnam wind farms

Irish firm in $2.2 billion deal to build Vietnam wind farms

An Irish energy firm Monday signed a $2.2 billion deal to build and operate three wind farms in Vietnam, as the coal-hungry communist nation turns to renewable sources to combat climate change. Rapidly industrialising Vietnam, which officially ratified th
Published 08 Nov, 2016 12:00am
Britain's Guy Ryder wins second term at ILO helm

Britain's Guy Ryder wins second term at ILO helm

The International Labour Organisation (ILO) said Monday it had elected its chief Guy Ryder to take on a second five-year-term when his current mandate expires next year. The 60-year-old Briton was the only candidate for the post, and was elected with 54 o
Published 08 Nov, 2016 12:00am
China replaces finance minister Lou Jiwei

China replaces finance minister Lou Jiwei

China Monday replaced finance minister Lou Jiwei, state media reported, with some analysts predicting more fiscal stimulus in the world's second-largest economy. Lou was relieved of his duties and replaced by 59-year-old Xiao Jie, the deputy secretary-gen
Published 08 Nov, 2016 12:00am
20,000 defrauded as UK's Tesco Bank hit by hack attack

20,000 defrauded as UK's Tesco Bank hit by hack attack

Britain's Tesco Bank temporarily froze all online transactions Monday after around 20,000 customers had money stolen from their accounts in a hack attack. The bank, a subsidiary of British supermarket giant Tesco, the kingdom's biggest retailer, said it w
Published 08 Nov, 2016 12:00am
German industry post steepest fall in five months

German industry post steepest fall in five months

Weak demand both at home and abroad drove an unexpected fall in German industrial orders in September, data showed on Monday, dampening hopes that factories will make a significant contribution to growth in the third quarter. Contracts for goods 'Made in
Published 08 Nov, 2016 12:00am
Opec chief says oil cooperation with non-members 'vital'

Opec chief says oil cooperation with non-members 'vital'

Coordination between members of oil-exporting cartel Opec and non-member producers is "vital" to rebalance the market, Opec chief Mohammad Barkindo said Monday. "We believe it is vital that both Opec and non-Opec countries come together and take co-ordina
Published 08 Nov, 2016 12:00am
Tokyo stocks soar

Tokyo stocks soar

Tokyo stocks rose Monday on news that market-favourite Hillary Clinton would not face criminal charges over her use of a private email server, easing worries over her US presidential bid. FBI Director James Comey left unchanged his July recommendation tha
Published 08 Nov, 2016 12:00am
Hong Kong stocks up

Hong Kong stocks up

Hong Kong stocks joined a global rebound on Monday after the FBI cleared Democrat Hillary Clinton in an email investigation two days before the US presidential election. But gains were capped by a 5 percent slump in property shares, after the city's gover
Published 08 Nov, 2016 12:00am
Most Southeast Asian stocks move up

Most Southeast Asian stocks move up

Most Southeast Asian stock markets rose on Monday led by energy shares on higher global oil prices and on optimism after federal investigators cleared Democrat Hillary Clinton in a probe related to her use of a private email server. Oil prices rose more t
Published 08 Nov, 2016 12:00am
Indian shares gain

Indian shares gain

Indian shares ended higher on Monday, snapping four sessions of losses, as Democrat Hillary Clinton's prospects improved in the US presidential race after federal investigators cleared her in their latest review. The broader NSE index ended 0.75 percent h
Published 08 Nov, 2016 12:00am
China stocks higher

China stocks higher

China shares edged higher on Monday as a strong rally in coal miners and metal producers offset massive profit-taking in speculative stocks. The bluechip CSI300 index ended up 0.1 percent at 3,356.59 points, while the Shanghai Composite Index gained 0.3 p
Published 08 Nov, 2016 12:00am
European shares rise ahead of US election, earnings help

European shares rise ahead of US election, earnings help

European shares rallied on Monday, underpinned by stronger banking stocks, as news that Hillary Clinton would not face charges over her use of emails gave her bid for the White House fresh momentum just before the November 8 vote. The pan-European STOXX 6
Published 08 Nov, 2016 12:00am
Sri Lankan shares surge

Sri Lankan shares surge

Sri Lankan shares closed at a more than two-week high led by large-cap beverages stocks while foreign investors picked up beaten down counters ahead of the national budget scheduled on November 10. The benchmark index of the Colombo Stock Exchange ended 0
Published 08 Nov, 2016 12:00am
Australian shares snap losing streak

Australian shares snap losing streak

Australian shares rose on Monday, snapping a four-session losing streak, after the FBI cleared Democrat Hillary Clinton in its latest email review, lifting a cloud over her presidential campaign days before the November 8 election. The S&P/ASX 200 index r
Published 08 Nov, 2016 12:00am
FTSE ends five-day losing streak, led by mining, bank shares

FTSE ends five-day losing streak, led by mining, bank shares

Britain's top share index ended higher on Monday, with mining companies tracking a rally in metals prices after the FBI again said no charges regarding her email practices would be brought again Hillary Clinton, viewed by markets as a status quo candidate
Published 08 Nov, 2016 12:00am
With dollars scarce, Egypt's newly floated pound weakens
Currency

With dollars scarce, Egypt's newly floated pound weakens

Egypt's pound weakened on Monday, its second day as a freely trading currency, and traders said they expected further declines as a severe dollar shortage in the banking system was stifling liquidity. The central bank abandoned the pound's peg of 8.8 to t
Published 08 Nov, 2016 12:00am
Dollar jumps in Asia
Currency

Dollar jumps in Asia

The dollar jumped on Monday as news that Democrat Hillary Clinton would not face criminal charges related to her use of a private e-mail server gave the US presidential contender an eleventh hour boost before the November 8 election. The FBI said late on
Published 08 Nov, 2016 12:00am
Dollar jumps in Europe on Clinton reprieve
Currency

Dollar jumps in Europe on Clinton reprieve

The dollar rose more than half a percent on Monday after US presidential contender Hillary Clinton got an eleventh-hour boost ahead of Tuesday's election from news she would not face criminal charges related to her use of a private e-mail server.
Published 08 Nov, 2016 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Monday. 78.47-78.48 (previous 78.45-78.46).
Published 08 Nov, 2016 12:00am
Asia FX dwindles
Currency

Asia FX dwindles

Most emerging Asian currencies eased on Monday as the dollar rallied after the Federal Bureau of Investigation said it stood by its earlier recommendation that no criminal charges were warranted against Democratic presidential candidate Hillary Clinton, g
Published 08 Nov, 2016 12:00am
Sri Lankan rupee up

Sri Lankan rupee up

The Sri Lankan rupee ended firmer on Monday as dollar selling by exporters and banks outpaced demand for the greenback from importers, dealers said. Rupee forwards were active, as one-week forwards edged up to close at 148.20/30 per dollar, compared with
Published 08 Nov, 2016 12:00am
Yuan slips to one-week lows
Currency

Yuan slips to one-week lows

China's currency fell to one-week lows on Monday as the dollar gained against regional currencies in a relief rally after news that Democrat Hillary Clinton would not face criminal charges related to her use of a private e-mail server. The People's Bank o
Published 08 Nov, 2016 12:00am
Sterling slips against resurgent dollar
Currency

Sterling slips against resurgent dollar

Sterling fell around 1 percent on Monday after recording its best week in seven years, against a dollar that was trading higher across the board on growing confidence that Hillary Clinton would win Tuesday's US presidential election. Democratic candidate
Published 08 Nov, 2016 12:00am
Aussie, kiwi up
Currency

Aussie, kiwi up

The Australian dollar climbed against the yen and euro on Monday, as risk appetite got a boost from news the FBI said no charges would arise from the latest email saga surrounding US presidential contender Hillary Clinton. The Aussie gained 0.9 percent ag
Published 08 Nov, 2016 12:00am
Solid Zimbabwe strike back

Solid Zimbabwe strike back

An unbroken century stand between Brian Chari and Craig Ervine gave Zimbabwe a solid start after Asela Gunaratne's maiden Test hundred had carried Sri Lanka to 504 on the second day of the second Test at Harare Sports Club on Monday. Playing just his seco
Published 08 Nov, 2016 12:00am
Baseball players, managers booked for match-fixing

Baseball players, managers booked for match-fixing

South Korean police on Monday laid out charges against seven current and former professional players involved in an alleged match-fixing scam, with the apparent collusion of club officials. Those named on the charge sheet included Yoo Chang-Sik and Lee Su
Published 08 Nov, 2016 12:00am
Season Canola Polo Cup 2016 from today

Season Canola Polo Cup 2016 from today

Learning Alliance will take on Saphire in the opening match of the Season Canola Polo Cup 2016, which will get under way here at the Lahore Polo Club (LPC) ground from Tuesday (today). Giving details about the tournament, LPC President Irfan Ali Hyder sai
Published 08 Nov, 2016 12:00am
Qatar World Cup a 'done deal' organiser claims

Qatar World Cup a 'done deal' organiser claims

Holding the 2022 World Cup in Qatar is a "done deal", a confident head of the Gulf state's tournament organising committee said Monday, shrugging off ongoing corruption and human rights concerns. Hassan al-Thawadi, secretary-general of the Supreme Committ
Published 08 Nov, 2016 12:00am
South Africa win as Aussies' extend losing streak

South Africa win as Aussies' extend losing streak

Emerging paceman Kagiso Rabada took five wickets as South Africa won by 177 runs in Perth to hand Australia a rare defeat in the first home Test of their season on Monday. Set a huge victory target of 539, Australia were dismissed in their second innings
Published 08 Nov, 2016 12:00am
First Khurshid Alam Memorial Tennis begins

First Khurshid Alam Memorial Tennis begins

The first edition of the IG Khurshid Alam Khan Memorial Inter-Regional Tennis Championship got under way here Monday at synthetic courts of the Qayyum Sports Complex.
Published 08 Nov, 2016 12:00am
Ronaldo eyes 10 more years after 'dream' season

Ronaldo eyes 10 more years after 'dream' season

Cristiano Ronaldo signalled his intention to keep playing for 10 more years after rounding off a "dream year" by signing a bumper new five-year contract with Real Madrid on Monday. The deal, expected to protect Ronaldo's status as the world's highest paid
Published 08 Nov, 2016 12:00am
Expatriates in European leagues hit new record

Expatriates in European leagues hit new record

The presence of expatriate players in the 31 top division leagues in Europe reached a new record of 38.7 percent in 2016, according to the CIES Football Observatory Monthly Report for November published Monday. That figure was up from 34.8% in 2009, CIES
Published 08 Nov, 2016 12:00am
Huzaifa qualifies for Asian Tennis Master Series

Huzaifa qualifies for Asian Tennis Master Series

Tennis player, Huzaifa Abdul Rehman, who represents Wapda, has qualified to represent Asia in forthcoming 'Asian Tennis Federation Master Series,' scheduled to be held from November 24 to 26, 2016 at Astana, Kazakhstan. Rehman has been selected among 8 to
Published 08 Nov, 2016 12:00am
Two dead as tornado strikes quake-hit Italy

Two dead as tornado strikes quake-hit Italy

An Indian national was amongst two people who died after the outskirts of Rome were hit by a tornado powerful enough to uproot trees, overturn cars and damage buildings, Italian authorities said on Monday. Schools were closed and a clean-up operation was
Published 08 Nov, 2016 12:00am
UN probes claims US airstrike killed 32 Afghan civilians

UN probes claims US airstrike killed 32 Afghan civilians

The United Nations is investigating claims that up to 32 civilians were killed in a US airstrike in the volatile Afghan province of Kunduz last week, calling any loss of civilian life "unacceptable". The strike early last Thursday triggered angry protests
Published 08 Nov, 2016 12:00am
Turkey blasts EU over crackdown criticism

Turkey blasts EU over crackdown criticism

Turkey on Monday slammed EU criticism of its crackdown following the July 15 coup bid and warned relations were increasingly fragile as the bloc crafts a report on its stalled membership bid. The European Union has strongly criticised Turkey over the arre
Published 08 Nov, 2016 12:00am
At least 25 soldiers dead in Somalia fighting

At least 25 soldiers dead in Somalia fighting

At least 25 soldiers died in weekend fighting between rival Puntland and Galmudug regional forces in the divided Somali town of Galkayo, military officials on both sides said Monday. "We have lost 12 men and there are more than 10 wounded," said Puntland
Published 08 Nov, 2016 12:00am
Duterte cancels US rifle order

Duterte cancels US rifle order

Firebrand Philippine President Rodrigo Duterte said Monday he would cancel an order for about 27,000 American-made assault rifles, in his latest display of defiance against the United States. The rifles were due to be provided to the Philippine police but
Published 08 Nov, 2016 12:00am
UN climate talks open under shadow of US polls

UN climate talks open under shadow of US polls

UN talks to implement the landmark Paris climate pact opened in Marrakesh on Monday, buoyed by gathering momentum but threatened by the spectre of climate change denier Donald Trump in the White House. Diplomats from 196 nations are meeting in Morocco to
Published 08 Nov, 2016 12:00am
Young Syrian named journalist of the year

Young Syrian named journalist of the year

Syrian freelance journalist Hadi Abdullah on Monday won one of the world's top press awards for reporting from some of the most perilous zones in his country's five-year-old war. Reporters without Borders (RSF) said it was awarding the 29-year-old Syrian
Published 08 Nov, 2016 12:00am
US-backed forces push closer to Raqa

US-backed forces push closer to Raqa

A US-backed Kurdish-Arab alliance pushed closer to Syria's Raqa and Iraqi forces seized a key town near Mosul as offensives advanced Monday against the two Islamic State group strongholds. After announcing the start of the long-awaited assault on Raqa on
Published 08 Nov, 2016 12:00am
Iraq forces retake key town on Mosul southern front: AFP

Iraq forces retake key town on Mosul southern front: AFP

Iraqi forces retook a key town from the Islamic State group Monday, a crucial objective on the southern front of the offensive to wrest back the city of Mosul. Federal police, army and elite interior ministry forces established full control over Hamam al-
Published 08 Nov, 2016 12:00am
China passes controversial cybersecurity law

China passes controversial cybersecurity law

China Monday passed a controversial cybersecurity bill tightening restrictions on online freedom of speech and imposing new rules on online service providers, raising concerns it is further cloistering its heavily controlled internet. The ruling Communist
Published 08 Nov, 2016 12:00am
First female US attorney general Janet Reno dies

First female US attorney general Janet Reno dies

Janet Reno, the first female US attorney general and a lightning rod for Republican attacks during Bill Clinton's presidency, has died in Florida, US media reported. She was 78. Reno died early Monday at her Miami home due to complications from Parkinson'
Published 08 Nov, 2016 12:00am
Kazakh magnate gets 21 years

Kazakh magnate gets 21 years

A closed-door military court in Kazakhstan Monday sentenced a wealthy businessmen accused of plotting to topple the Central Asian country's authoritarian government to 21 years in prison, a court representative said. Tokhtar Tuleshov, best known for ownin
Published 08 Nov, 2016 12:00am
Palestinian teens sentenced to jail over knife attacks

Palestinian teens sentenced to jail over knife attacks

An Israeli court sentenced three Palestinian teenagers to more than a decade in prison Monday for stabbing Israelis, including a 14-year-old involved in one of the most high-profile attacks. The sentences drew criticism from Palestinians and rights activi
Published 08 Nov, 2016 12:00am
German sailor abducted, another killed, in Philippines

German sailor abducted, another killed, in Philippines

Islamic militants who specialise in kidnapping for ransom have reported killing a German sailor and abducting her elderly male companion from their yacht off the southern Philippines, the military said Monday. A commander from the Abu Sayyaf group, which
Published 08 Nov, 2016 12:00am
Litigations on CPEC may hurt KPK's investment climate: Ahsan

Litigations on CPEC may hurt KPK's investment climate: Ahsan

Federal Minister for Planning, Development and Reform Ahsan Iqbal said that litigations on China-Pakistan Economic Corridor (CPEC) could hurt investment climate for Khyber Pakhtunkhwa (KPK). The minister expressed these views while chairing a meeting on C
Published 08 Nov, 2016 12:00am
MPAs to distribute 'Insaf Health Cards': Khattak

MPAs to distribute 'Insaf Health Cards': Khattak

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has directed to distribute Insaf Health Cards through each and every MPA so that thecards could only be distributed among deserving and needy persons. He also directed that every MPA should nominate one or
Published 08 Nov, 2016 12:00am
CoAS witnesses Army Field Exercise

CoAS witnesses Army Field Exercise

Chief of Army Staff (CoAS) General Raheel Sharif visited exercise area around Kharian/ Gujranwala and witnessed troops engaged in the ongoing Army Field Exercise. The CoAS was briefed in detail about objectives and conduct of the Exercise from newly induc
Published 08 Nov, 2016 12:00am
Textile mills: Customs values on import of ring travellers revised

Textile mills: Customs values on import of ring travellers revised

The Directorate General of Customs Valuation Karachi has revised customs values ($55 to 120 per kg) on the import of ring travellers, used in textile mills to process yarn, from Switzerland, France, Japan, Germany, India, China and other origins.
Published 08 Nov, 2016 12:00am
Merit Packaging Limited

Merit Packaging Limited

Merit Packaging Limited (PSX: MERIT) is a prominent name in the printing and packaging industry of Pakistan. The company has over 25 years of experience in providing quality products to its customers. Merit Packaging was incorporated in 1980 and its produ
Published 08 Nov, 2016 12:00am
Merit Packaging Limited

Merit Packaging Limited

Merit Packaging Limited (PSX: MERIT) is a prominent name in the printing and packaging industry of Pakistan. The company has over 25 years of experience in providing quality products to its customers. Merit Packaging was incorporated in 1980 and its produ
Published 08 Nov, 2016 12:00am
PEF a role model body for development sector: MD

PEF a role model body for development sector: MD

"Punjab Education Foundation (PEF) is a role model organisation for development sector which has benefited the whole lot of disfranchised segments of the society through provision of totally free education. The usefulness and cost-effectiveness of its gra
Published 08 Nov, 2016 12:00am
Inter-regional connectivity: International moot begins from tomorrow

Inter-regional connectivity: International moot begins from tomorrow

As many as 25 foreign experts from Russia, China, Nepal, Tajikistan, Uzbekistan, UK, Singapore, Italy, Germany, Singapore and USA are participating in a three-day international conference, beginning from Wednesday and would debate on geopolitics of corrid
Published 08 Nov, 2016 12:00am
Gwadar-Quetta road to be completed by next month: Ahsan

Gwadar-Quetta road to be completed by next month: Ahsan

Minister for Planning Development and Reforms Ahsan Iqbal on Monday has said that Western route of CPEC will be completed by 2018. He also said that Gwadar-Quetta road will be completed by next month, ahead of its scheduled time. He was addressing the ope
Published 08 Nov, 2016 12:00am
Office-bearers of CCAA elected

Office-bearers of CCAA elected

Customs Clearing Agents Association (CCAA) Multan election was held to elect the office bearers for 2016-18 here today. All the registered voters exercised their right of vote. Those who have been elected are: Basharatullah Sheikh (Chairman) Khawaja Muham
Published 08 Nov, 2016 12:00am
Justice Saqib for accountability of institutions

Justice Saqib for accountability of institutions

Justice Mian Saqib Nisar of the Supreme Court of Pakistan has emphasised the accountability of institutions and provision of better medical facilities to the masses. He said this while speaking at the dinner hosted by the College of Physicians and Surgeon
Published 08 Nov, 2016 12:00am
LHC dismisses petition against Punjab CM

LHC dismisses petition against Punjab CM

The Lahore High Court chief justice on Monday dismissed a petition seeking disqualification of Punjab Chief Minister Shahbaz Sharif for his alleged failure to establish law and order in the province. Chief Justice Syed Mansoor Ali Shah observed that the r
Published 08 Nov, 2016 12:00am
CPEC is no T-20 match: Baloch

CPEC is no T-20 match: Baloch

Secretary General, Jamaat e Islami, Liaqat Baloch has urged the government and the opposition not to make CPEC controversial by treating it as a T-20 match. Addressing party workers in the city on Monday, he stressed that the Prime Minister should go ahea
Published 08 Nov, 2016 12:00am
LUMS inaugurates latest space observatory

LUMS inaugurates latest space observatory

Pakistan's leading university - LUMS, in keeping with its vision of promoting engineering and sciences across the nation, has officially inaugurated its very first space observatory. This state-of-the-art facility will feature universe magnifying Celestro
Published 08 Nov, 2016 12:00am
Seminar on innovative construction techniques organized

Seminar on innovative construction techniques organized

Planning and Development Department Punjab and the Urban Unit on Monday jointly organized a seminar on "Innovative Construction Techniques" to discuss the impact of technological innovations on construction industry in Punjab through cross-sharing of info
Published 08 Nov, 2016 12:00am
Cement makers call for steps towards boosting housing sector

Cement makers call for steps towards boosting housing sector

Cement manufacturers have appealed the government to take steps to boost the housing sector as currently the cement industry is mostly depending on infrastructure projects. All Pakistan Cement Manufacturers Association (APCMA) observed here on Monday that
Published 08 Nov, 2016 12:00am
ASF recovers fire arm from passenger

ASF recovers fire arm from passenger

The Airport Security Force (ASF) recovered a weapon from a passenger at the Allama Iqbal International airport on Monday, said the civil aviation sources. According to details, the ASF staff detected one 30 bore pistol along with five bullets and a magazi
Published 08 Nov, 2016 12:00am
Public sector hospitals to be revamped on modern lines

Public sector hospitals to be revamped on modern lines

The Punjab government has decided to revamp security system of public sector hospitals. In this connection, Safe Cities Authority (CSA) will extend cooperation to Specialised Healthcare and Medical Education Department in ensuring foolproof security of go
Published 08 Nov, 2016 12:00am
Panama Papers: rulers employing delaying tactics: JI chief

Panama Papers: rulers employing delaying tactics: JI chief

Chief of Jamaat e Islami Senator Sirajul Haq has said that the government's failure to present all the documents called for by the Supreme Court on Monday was a continuation of its delaying tactics to prolong the case. In a statement issued on Monday, he
Published 08 Nov, 2016 12:00am
Merck divests its shareholding to Martin Dow

Merck divests its shareholding to Martin Dow

Germany's Merck KGaA has executed a binding contract to divest its shareholding in Pakistan to Martin Dow Ltd, a leading pharmaceutical company in Pakistan. The companies also agreed on long-term agreements whereby the business in Pakistan will have acces
Published 08 Nov, 2016 12:00am
Water scarcity can lead to food insecurity: ADB
Cotton

Water scarcity can lead to food insecurity: ADB

Increasing water scarcity in the country could lead to food insecurity in the coming years as 90 percent of the total available water is used for irrigation with 80 percent farmland in the country. According to a report of the Asian Development Bank (ADB)
Published 08 Nov, 2016 12:00am
Water scarcity can lead to food insecurity: ADB
Cotton

Water scarcity can lead to food insecurity: ADB

Increasing water scarcity in the country could lead to food insecurity in the coming years as 90 percent of the total available water is used for irrigation with 80 percent farmland in the country. According to a report of the Asian Development Bank (ADB)
Published 08 Nov, 2016 12:00am
Pesco approves creation of 16 new sub divisions

Pesco approves creation of 16 new sub divisions

Peshawar Electric Supply Company (PESCO) Board of Directors (BoD) on Monday approved the creation of 16 new sub divisions in Peshawar and Mardan circles. The BoD in its 112th meeting held here at WAPDA House also approved 111th BoD meeting minutes and dis
Published 08 Nov, 2016 12:00am
PBC believes FTA skewed in favour of Turkey
Cotton

PBC believes FTA skewed in favour of Turkey

Pakistan Business Council (PBC), a non-profit advocacy forum, has observed that Free Trade Agreement (FTA) with Turkey would be more beneficial for Turkey as compared to Pakistan, urging the Commerce Ministry to focus on accuracy of data and tariff elimin
Published 08 Nov, 2016 12:00am
Commander Royal Saudi Air Force visits Naval HQs

Commander Royal Saudi Air Force visits Naval HQs

Major General Mohammed Bin Saleh Al Otaibi, Commander Royal Saudi Air Force, visited Naval Headquarters, here on Monday and called on Chief of the Naval Staff, Admiral Muhammad Zakaullah. During the meeting, professional matters of mutual interest came un
Published 08 Nov, 2016 12:00am
China stands by Pakistan to meet its defence needs: minister

China stands by Pakistan to meet its defence needs: minister

China has reiterated its commitment to stand by Pakistan for meeting its defence requirements, reports Chinese media, quoting Defence Minister Chang Wang Wanguan. China and Pakistan have fruitful collaborations in air force equipment, training and flight
Published 08 Nov, 2016 12:00am
HRCP slams 'media trial,' slurs against Dr Ayesha Siddiqa

HRCP slams 'media trial,' slurs against Dr Ayesha Siddiqa

The Human Rights Commission of Pakistan (HRCP) has termed a smear campaign on the conventional electronic and social media against noted author and analyst Dr Ayesha Siddiqa a disgraceful spectacle at odds with the values of a democratic and tolerant soci
Published 08 Nov, 2016 12:00am
Repatriation of FATA TDPs in final stages: KP Governor

Repatriation of FATA TDPs in final stages: KP Governor

The Khyber Pakhtunkhwa Governor, Iqbal Zafar Jhagra has said that the repatriation of affected people of FATA is at the final stages and effective measures are under way to ensure their rehabilitation. Addressing a tribal jirga during his day long visit t
Published 08 Nov, 2016 12:00am
PAF committed to defending country's sovereignty: Air Chief

PAF committed to defending country's sovereignty: Air Chief

Air Chief Marshal Sohail Aman, Chief of the Air Staff, Pakistan Air Force on Monday said, "The Pakistan Air Force (PAF) is fully committed to defend sovereignty of the country with utmost might and with all possible means."
Published 08 Nov, 2016 12:00am
SU students clinch All Pakistan declamation contest

SU students clinch All Pakistan declamation contest

The two-member team of University of Sindh, namely Muhammad Junaid Malik of Faculty of Pharmacy and Sidra Baloch of Institute of English Language and Literature clinched the champion's trophy of the 25th All Pakistan Bilingual Declamation Contest, organiz
Published 08 Nov, 2016 12:00am
TCS teams up with UPS

TCS teams up with UPS

The document and parcel delivery service market in Pakistan has seen an exciting new development with the announcement of the agreement between UPS, the world's largest express carrier and package delivery company and TCS, Pakistan's most recognised couri
Published 08 Nov, 2016 12:00am
FPCCI elections 2017: UNG announces names of contestants

FPCCI elections 2017: UNG announces names of contestants

United Business Group (UBG) has nominated Amir Atta Bajwa as its contestant for the seat of senior vice president in the election of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for the term 2017. The group also nominated Qazi Attaur R
Published 08 Nov, 2016 12:00am
Girl among two commit suicide

Girl among two commit suicide

Two including a teenage girl and a youth committed suicide in two separate incidents in Khairpur on Monday. Police said that 14-year-old Hameeda committed suicide by hanging herself over poverty and prolonged illness in village Shadi Khan Malah near Saleh
Published 08 Nov, 2016 12:00am
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