News Archives for Print - 2016-11-30

Print - 2016-11-30

Customs values on import of yarn revised

The Directorate General of Customs Valuation Karachi has revised customs values on the import of different specifications of polyester spun yarn and viscose spun yarn for assessment of duties and taxes from China, Thailand, Indonesia, India and Vietnam or

Published 30 Nov, 2016 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (November 29, 2016).

Published 30 Nov, 2016 12:00am

Companies Ordinance, 2016: SECP introduces changes to prohibit certain company names

The Securities and Exchange Commission of Pakistan (SECP) has introduced many changes under the new Companies Ordinance 2016 to prohibit certain names to be used by new companies intended to be registered with the SECP. Sources told Business Recorder <

Published 30 Nov, 2016 12:00am

LME official prices

The following were Monday official prices.

Published 30 Nov, 2016 12:00am

Companies Ordinance, 2016: SECP introduces changes to prohibit certain company names

The Securities and Exchange Commission of Pakistan (SECP) has introduced many changes under the new Companies Ordinance 2016 to prohibit certain names to be used by new companies intended to be registered with the SECP. Sources told Business Recorder <
Published 30 Nov, 2016 12:00am

LME official prices

The following were Monday official prices.

Published 30 Nov, 2016 12:00am

The Weather

The weather report on Tuesday (November 29, 2016) and the forecast for Wednesday (November 30, 2016).

Published 30 Nov, 2016 12:00am

Currency
Too much for doing too little

The Cabinet under the chairmanship of Prime Minister Nawaz Sharif approved a massive raise in the salary of parliamentarians because, as per the newly-appointed Minister of State for Information Maryam Aurangzeb while briefing the media, the salaries were
Published 30 Nov, 2016 12:00am

India jailbreak

Given that reports about jailbreak in the Indian Punjab city of Nabha are conflicting the whys and wherefores of the incident remains a mystery. As to how many armed men stormed the prison the reports differ. The concerned authorities say they were six or
Published 30 Nov, 2016 12:00am

Denial of rights

Any civilised society looks after its weak and vulnerable members. Unfortunately in this country the transgender community is subjected to worst forms of discrimination. They are treated as lesser beings contemptuously called eunuchs who do not deserve ac
Published 30 Nov, 2016 12:00am

Opportune location

With the single-minded national focus on the live discussions going on all through last week in the media over the on-going process of change of guard at the General Headquarters (GHQ), an essentially strategic geo-economic two-day conference held almost
Published 30 Nov, 2016 12:00am

FTAs: Help or hindrance?

The Prime Minister sealed the Erdogan visit with the announcement of a Free Trade Agreement (FTA) by next year. With Boris Johnson, the tedious formality of Indian atrocities over (we already knew his position), the focus shifted to Investments and Trade.
Published 30 Nov, 2016 12:00am

Local vote in London becomes Brexit battleground

A local by-election for parliament in the posh London suburb of Richmond on Thursday is threatening to turn into a mini-referendum on Brexit, with the defending MP a Brexiteer in a pro-EU heartland. Liberal Democrat challenger Sarah Olney, whose party wan
Published 30 Nov, 2016 12:00am

Clarification: some questions

This is apropos a clarification of a news item carried by Business Recorder on Monday; according to it, "the Ministry of Commerce maintains 56 commercial offices in 42 countries abroad. These offices are important outposts of Ministry of Commerce f
Published 30 Nov, 2016 12:00am

Currency
US MIDDAY: gold plunges

Gold prices fell on Tuesday due to expectations of rising US interest rates and improving sentiment for global economic growth, which mean investors are likely to favour risk assets such as equities. Bullion prices came off their lows as the US dollar tur
Published 30 Nov, 2016 12:00am

US MIDDAY: soya drops

US soyabean futures fell 1.1 percent on Tuesday, setting back from a 4-1/2 month high on a round of profit taking as well as pressure from falling crude oil prices. Corn and wheat futures also fell, on track for their fourth straight losing session due to
Published 30 Nov, 2016 12:00am

Oil tumbles near four percent on doubts over Opec production cut

Oil slumped 4 percent on Tuesday as Opec's leading oil exporters struggled to agree on a deal to cut production to reduce global oversupply and boost prices, with Iran and Iraq at loggerheads with Saudi Arabia a day ahead of meeting. Brent futures fell $1
Published 30 Nov, 2016 12:00am

Cotton
Ivory Coast increases cotton farmers' price

Ivory Coast increased a government-mandated price for farmers' cotton by 6 percent for the 2016/17 season on Wednesday in a bid to increase production in the wake of a disappointing harvest, a government spokesman said. Ivorian farmers will be paid 265 CF
Published 30 Nov, 2016 12:00am

Indonesia wheat imports seen up eight percent

Indonesia's imports of wheat for human consumption are expected to climb 8 percent this year and up to 7 percent in 2017, the head of an industry association said in an interview, amid sturdy consumption growth in Southeast Asia's largest economy. Imports
Published 30 Nov, 2016 12:00am

Currency
Gold slides in Europe

Gold prices fell on Tuesday due to expectations of rising US interest rates, a stronger dollar and improving sentiment for global economic growth, which mean investors are likely to favour risk assets such as equities. Spot gold was down 0.6 percent at $1
Published 30 Nov, 2016 12:00am

Gold slips in Asia

Gold slipped on Tuesday as the dollar steadied, with markets on edge ahead of a meeting this week that could see oil producers curb output. Spot gold was down 0.2 percent at $1,191 an ounce by 0559 GMT. It gained 0.9 percent in the previous session. US go
Published 30 Nov, 2016 12:00am

Gold climbs in New York

Gold prices rose more than 1 percent on Monday, recovering from their lowest levels since February as the dollar and long-dated US Treasury bond yields retreated from recent highs. Spot gold was up 0.8 percent at $1,192.64 an ounce by 2:44 pm ET (1944 GMT
Published 30 Nov, 2016 12:00am

Currency
Arabica coffee at seven-week low, London cocoa at 1-1/2-year trough

Arabica coffee futures on ICE fell to a seven-week low on Tuesday, pressured by broad based selling of commodities and beneficial rain in top grower Brazil, while the firm British pound helped push London cocoa to a 1-1/2-year low. Sugar prices also fell,
Published 30 Nov, 2016 12:00am

Malaysian palm oil snaps six-day rally

Malaysian palm futures declined in late trade on Tuesday, tracking a fall in prices of rival oils on China's Dalian Commodity Exchange and weakness on the Chicago Board of Trade. The fall was more of a correction after six consecutive sessions of gains, t
Published 30 Nov, 2016 12:00am

Rotterdam vegetable oil prices

The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT.
Published 30 Nov, 2016 12:00am

Rubber dips

Benchmark Tokyo rubber futures dipped from 1-1/2 year highs on Tuesday, as investors took profit after Shanghai futures pared earlier gains and as weaker metals prices weighed on market sentiment, dealers said. The Tokyo Commodity Exchange (TOCOM) rubber
Published 30 Nov, 2016 12:00am

Lead, zinc slide more than six percent

Lead and zinc fell more than 6 percent on Tuesday from the previous day's multi-year peaks, as sliding oil prices and perceptions that a post-US election rally had become overstretched prompted selling. Industrial metals surged earlier this month on specu
Published 30 Nov, 2016 12:00am

Shanghai lead surges, copper down

Shanghai lead futures jumped as much as 9 percent on Tuesday, outpacing more widely traded metals contracts and adding to concerns about a speculative build-up in commodity prices. Industrial metals generally eased, with London copper falling 1 percent, g
Published 30 Nov, 2016 12:00am

Cotton
Cotton rises on Chinese crop woes

Cotton futures rose for the first time in six sessions on Monday, climbing 1 percent, supported by buying on worries of crop damage in China, amid a weaker dollar. "Continued showers and rain across the eastern provinces of China have reportedly damaged t
Published 30 Nov, 2016 12:00am

Kinnow export to begin tomorrow

The export of Kinnow is going to start from December 1, with better quality fruit despite an expected reduction of 15 percent in production this year. Exporters said the country would be able to earn $200 million revenue with the set target of 350,000 ton
Published 30 Nov, 2016 12:00am

CM Sindh directs stern action against ghost teachers

Chief Minister Sindh Syed Murad Ali Shah on Tuesday directed the concerned authorities to take stern action against ghost teachers in education department. A meeting was held in Chief Minister House which was attended by Education Minister, Chief Secretar
Published 30 Nov, 2016 12:00am

Currency
Concise statement filed in SC: Imran rejects tax evasion allegations

Chairman Pakistan Tehreek-e-Insaf Imran Khan turned down the allegations levelled by Pakistan Muslim League (Nawaz) leader Hanif Abbasi, saying that he never concealed any fact from Federal Board of Revenue (FBR) and Election Commission of Pakistan (ECP).
Published 30 Nov, 2016 12:00am

Dar upbeat about future economic ties with France

Federal Minister for Finance, Senator Ishaq Dar said that, "The economic co-operation between Pakistan and France will not only continue but will further grow in future." He made these remarks during a meeting with French Ambassador, Martine Dorance who c
Published 30 Nov, 2016 12:00am

CJCSC calls on Prime Minister

Chairman Joint Chiefs of Staff Committee General Zubair Mahmood Hayat called on Prime Minister Muhammad Nawaz Sharif at PM House, Tuesday. The Prime Minister congratulated him on assuming his new assignment. The Prime Minister and CJCSC discussed matters
Published 30 Nov, 2016 12:00am

JKLF chief arrested by Indian forces

The Indian forces on Tuesday arrested leader the Jammu and Kashmir Liberation Front (JKLF) Yasin Malik from Shopian district of Indian-held Kashmir. According to Kashmir Watch, Malik was taken into custody outside the Jamia Masjid in Shopian as he came ou
Published 30 Nov, 2016 12:00am

Pakistanis face strict UAE visa policy

The United Arab Emirates (UAE) toughened its visa policy for Pakistanis, particularly for those holding official and diplomatic passports. Official passport holders are required to wait for a longer time to get visas, contrary to the norms that accord pri
Published 30 Nov, 2016 12:00am

General Raheel Sharif vacates Army House

General Raheel Sharif vacated the army house on Tuesday, the day when he handed over the command of Pakistan Army to General Qamar Bajwa. According to reports, General Raheel Sharif went to his office after handing over the command, took his personal item
Published 30 Nov, 2016 12:00am

Seminar held on awareness creation on competition law

The Competition Commission of Pakistan (CCP) held a seminar at the Riphah International University as part of the national campaign, 'Competition Advocacy Academia Drive', started by CCP to create awareness of the Competition Law among the students and fa
Published 30 Nov, 2016 12:00am

Rs 43 billion irregularity in FBR audit: PAC chief forced to refer matter to DAC for reconsideration

The audit paras for 2013-14, which pointed out Rs 43 billion loss to the national kitty, forced the chairman Public Accounts Committee (PAC) to refer the matter to departmental accounts committee (DAC) for reconsideration after officials from both Federal
Published 30 Nov, 2016 12:00am

Property cases of overseas Pakistanis: Call to designate judges at high and civil courts through NJPMC

The Law and Justice Commission of Pakistan was urged on Tuesday to designate judges at high courts and subordinate courts of the country through National Judicial Policy Making Committee (NJPMC) in order to provide remedy in the immovable property related
Published 30 Nov, 2016 12:00am

SU Library becomes learning spot for students

Allama I.I. Kazi Central Library at University of Sindh, Jamshoro becomes the busiest and the most-coveted student hangout during examination days; as thousands of students engage themselves in arduous studies to better cope with their final second semest
Published 30 Nov, 2016 12:00am

Adoption of SDGA: Pakistan becomes first country in world

Pakistan has become the first country in the world to adopt the Sustainable Development Goals Agenda (SDGA) as its own national development agenda (NDA) through a unanimous resolution in the National Assembly, besides developing an exclusive National Sust
Published 30 Nov, 2016 12:00am

Eight militants killed in Tirah Valley

The security forces have claimed that they have killed eight militants and injured many in air strikes carried out by the jet fighters in Koki Khel, the remote area of Tirah Valley of Khyber Agency on Tuesday. The sources told that the jet war planes poun
Published 30 Nov, 2016 12:00am

MQM-P dissociates itself from cases against Altaf

The Muttahida Quami Movement, Pakistan on Tuesday disassociated itself from pursuing cases against founder Altaf Hussain in London and barred its legal team from further representing the cases. The MQM Pakistan after detailed consultation decided to disas
Published 30 Nov, 2016 12:00am

Coca-Cola, McDonald's invite you to meet Coke Studio Artists

Following the epic Season Finale of the biggest and the boldest season of Coke Studio yet, Coca-Cola Pakistan is giving fans a chance to meet some of their favourite Coke Studio artists at McDonald's outlets across Karachi, Lahore and Islamabad.
Published 30 Nov, 2016 12:00am

NAB arrests accused DM of NFML in corruption charges

The National Accountability Bureau (NAB) arrested the accused allegedly involved in Rs 1.6 billion National Fertiliser Marketing Ltd (NFML) scam on Tuesday. An official source said the NAB team has arrested former Deputy Manager NFML Aziz Abubakkar. The a
Published 30 Nov, 2016 12:00am

OGRA advises hike in POL prices for December

The Oil and Gas Regulatory Authority (OGRA) has recommended up to Rs 5.42 per litre increase in the prices of petroleum products, effective from December 1. According to a summary forwarded to the Ministry of Petroleum and Ministry of Finance, the regulat
Published 30 Nov, 2016 12:00am

PACB chief meets PAAPAM members

In order to engage private sector in aviation sector, Arshad Malik SI (M) chairman Pakistan Aeronautical Complex Board (PACB) held a meeting with the members of Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) on the other day
Published 30 Nov, 2016 12:00am

Conversion of religion: Jamaat to challenge Sindh Assembly's legislation in SC

Opposing the Sindh Assembly's legislation against the forced conversion of religion, Jamaat-e-Islami (JI) Tuesday termed it unconstitutional and against the Charter of the United Nations. Addressing a press conference, JI Chief Sirajul Haq said that passa
Published 30 Nov, 2016 12:00am

Project completed to improve WASH services in Jacobabad

A ceremony has revealed that Jacobabad's residents understand and are willing to address their water, sanitation and hygiene needs in a sustainable manner. This is evident from their willingness to pay for safe drinking water and other basic services afte
Published 30 Nov, 2016 12:00am

Five experts to take part in House Keeping Olympic Games: TEVTA

Technical Education and Vocational Training Authority (TEVTA) will send its five experts to participate in 5th International House Keeping Olympic Games Antalya-Turkey to be held from 13th to 22nd January, 2017. Selection of these experts is being finalis
Published 30 Nov, 2016 12:00am

Recovery of ammunition from Azizabad: plea approved to close case, police admits failure

An Anti-Terrorism Court (ATC) of Karachi on Tuesday approved plea to close case of recovery of arms from Azizabad area of Karachi. In a report presented to administrative judge of the ATC, Sindh Police admitted their failure in catching criminals who stor
Published 30 Nov, 2016 12:00am

Cotton
Foreign firms being invited to overcome cotton seed shortage

The government has decided to invite foreign seed companies to overcome cotton seed shortage and increase yield after getting legal protection through proposed "Plant Breeders' Right Bill." The Senate last week passed the 'Plant Breeders' Right Bill' and
Published 30 Nov, 2016 12:00am

IBP launches 'eLearning Management' portal

Taking another step towards modernisation of learning, Institute of Bankers Pakistan (IBP) has launched 'eLearning Management' portal to enhance the skills of bankers across the country. Addressing the launching ceremony of eILM, Hussain Lawai, Chief Exec
Published 30 Nov, 2016 12:00am

Speakers praise government on FATA reforms

Speakers at a seminar have praised the federal government for initiating the step to bring positive changes in the Federally Administered Tribal Areas (FATA). The seminar on 'future of governance reform in Fata' was organised by Fata Research Centre (FRC)
Published 30 Nov, 2016 12:00am

Heroin seized, Nigerian held

Model Customs Collectorate (MCC) preventive on Tuesday said it seized 650 grams of white heroin from a Nigerian passenger at departure lounge of Jinnah International Airport. According to details, the staff posted at airport spotted a Nigerian passenger n
Published 30 Nov, 2016 12:00am

Country to benefit from General Zubair's acumen: President

President Mamnoon Hussain, congratulating General Zubair Mahmood Hayat on his appointment as Chairman, Joint Chiefs of Staff Committee, on Tuesday hoped that the country would benefit from his professional acumen and expertise. The president said this whi
Published 30 Nov, 2016 12:00am

ABL partners with Xoom

Allied Bank Limited (ABL) on Tuesday announced an agreement with Xoom, a PayPal service and leading digital money transfer provider, to deliver a new service that will offer ABL customers the ability to pick-up cash remittances sent from loved ones in the
Published 30 Nov, 2016 12:00am

Cloudy weather with light rain for upcountry: Met

The Met Office on Tuesday forecast a cloudy weather for upcountry with light rain and snowfall in mountainous areas in the next 24 hours. It said that shallow foggy conditions were likely to prevail over plain areas of Punjab and Upper Sindh during mornin
Published 30 Nov, 2016 12:00am

FWBL celebrates Customer's Week

FWBL Customer Week with the theme Hum Haazir Hein (at your service), commences on Tuesday. The week-long campaign is being celebrated across all 24 cities of FWBL branches nation-wide, with great enthusiasm, commitment and team spirit. The program will br
Published 30 Nov, 2016 12:00am

Disaster management training: NDMA launches pilot project of PSSF

National Disaster Management Authority has launched a pilot project of Pakistan School Safety Framework (PSSF) under which the disaster management training will be provided to 68 selected schools from across the country.
Published 30 Nov, 2016 12:00am

Need stressed for family planning awareness

Pakistan is a country lagging behind its neighbours in successful family planning, population control and maternal mortality rate. It is said that by 2025, which is 8 years away, the population will increase to 227 million. That is a scary number consider
Published 30 Nov, 2016 12:00am

SAU holds debate competition

Sindh Agriculture University (SAU), Tandojam in collaboration with Human Rights Commission of Pakistan (HRCP) organised the debate competition on Tuesday. The theme: should human rights education be part of our curriculum. More than 300 students participa
Published 30 Nov, 2016 12:00am

PPP says it's shocked over debt pileup

Vice President Pakistan People's Party (PPP), Senator Sherry Rehman Tuesday voiced dismay over the country's alarming debt accumulation under this government and its refusal to hold itself accountable. The Senator said, "This is not the way democratic ins
Published 30 Nov, 2016 12:00am

Exports to China: TDAP develops 'Certificate of Origin Repository System'

The Trade Development Authority of Pakistan (TDAP) in collaboration with Pakistan Customs Authorities has developed a sophisticated online Certificate of Origin Repository System for the issuance of Certificates of Origin under Electronic Data Exchange (E
Published 30 Nov, 2016 12:00am

PARTLY FACETIOUS: Perceived weakness

"Mian sahib seems visibly relaxed!"
Published 30 Nov, 2016 12:00am

Women issues: KP government urged to expedite legislation process

Women rights activists have expressed grave concern over the increasing cases of honour killing in Khyber Pakhtunkhwa, and demanded of the provincial government to expedite legislation process for address women issues on priority basis in the province.
Published 30 Nov, 2016 12:00am

Railway's revenue to touch Rs 40 billion mark by June, National Assembly told

The revenue of Pakistan Railways will touch Rs 40 billion mark by next June against the target of Rs 36 billion, while it has already reached Rs 32 billion in June 2016 from Rs 18 billion in 2013. Minister for Railways Khawaja Saad Rafique informed this t
Published 30 Nov, 2016 12:00am

CDWP approves five health projects worth Rs 22.7 billion

The Central Development Working Party has prioritized health sector by approving five health projects worth Rs 22.7 billion. The meeting was chaired by Minister for Planning, Development and Reform Professor Ahsan Iqbal and was attended by senior officers
Published 30 Nov, 2016 12:00am

KP mineral sector: 128 Companies submits on-line application for investment

About 128 companies have submitted on-line applications for investment in mineral sector of Khyber Pakhtunkhwa while in these nine companies have shown their keenness in large scale mining exploration in the province.
Published 30 Nov, 2016 12:00am

'5th National rescue challenge' kicks off

The '5th National Rescue Challenge' started at Emergency Services Academy (Rescue 1122) on Tuesday with a resolve to enhance professional skills of emergency services.
Published 30 Nov, 2016 12:00am

Nawaz says reforms to help Pakistan meet future energy requirements

Prime Minister Nawaz Sharif has said that load shedding will be a reference of history as the government is exploring new power generation projects on micro as well as mega levels to ensure sustained and uninterrupted electricity for the future generation
Published 30 Nov, 2016 12:00am

SECP organizes two-day investor education seminar

The Securities and Exchange Commission of Pakistan organized a two-day seminar for faculty members at COMSATS Institute of Information Technology under its initiative of educating current and potential investors.
Published 30 Nov, 2016 12:00am

Seeded players advance in Nayza All-Pakistan Open Tennis

All the seeded players won their respective matches in the first round of the 1st Nayza All-Pakistan Open Tennis Championship 2016 here at the PLTA tennis courts on Tuesday. Pakistan No 1 player Aqeel Khan played well against Barkat Ullah and thrashed him
Published 30 Nov, 2016 12:00am

Erdogan says Turkey has 'many other alternatives' to EU

Turkish President Recep Tayyip Erdogan on Tuesday said his country has not yet given up on its ambition to join the European Union but has "many other alternatives" if the stalled process goes nowhere. "We have not yet closed the European Union book right
Published 30 Nov, 2016 12:00am

Top Afghan commander killed in military chopper crash

Afghanistan's army said one of its top commanders was killed Tuesday when a military helicopter crashed in the western Afghan province of Badghis. General Mohayedin Ghori commanded the 207th Corps and was one of the six regional commanders of the Afghan a
Published 30 Nov, 2016 12:00am

Sri Lanka arrests top Tamil Tiger warlord

Sri Lankan police on Tuesday arrested a top Tamil warlord on corruption charges nearly two years after the defeat of his main ally, former president Mahinda Rajapakse. Police said the Financial Crimes Investigation Division arrested Vinayagamoorthy Murali
Published 30 Nov, 2016 12:00am

Abbas re-elected party leader

Palestinian president Mahmud Abbas's Fatah re-elected him party head Tuesday as the movement opened its first congress since 2009 with talk mounting of who will eventually succeed the 81-year-old. Abbas was re-elected by consensus, party spokesman Mahmud
Published 30 Nov, 2016 12:00am

Zuma survives attempted ousting

South African President Jacob Zuma survived an attempt to oust him from office only after a "robust" and "difficult" debate within the ruling ANC party, an official said Tuesday. Zuma has been weakened by corruption allegations, but his supporters were ta
Published 30 Nov, 2016 12:00am

Water cuts and rising food prices leave Mosul facing crisis

Fighting between Iraqi troops and Islamic State militants has cut water supplies across a large part of Mosul, where poorer families are already struggling to feed themselves, and a local official said the increasingly encircled city was in crisis.
Published 30 Nov, 2016 12:00am

UN suspends job of ex-Peru first lady

The UN said Tuesday that its food agency had postponed the start date for a controversial post handed to a former Peruvian first lady who is facing money-laundering charges at home. The UN Food and Agriculture Organization "postponed the assumption of fun
Published 30 Nov, 2016 12:00am

Ukraine moves giant new safety dome over Chernobyl

Ukraine on Tuesday unveiled the world's largest moveable metal structure over the Chernobyl nuclear power plant's doomed fourth reactor to ensure the safety of Europeans for future generations. The gigantic arch soars 108 metres (355 feet) into the sky -
Published 30 Nov, 2016 12:00am

New Zealand record first series win against Pakistan since 1985

New Zealand took nine wickets in a dramatic final session of the second Test against Pakistan to win by 130 runs in Hamilton on Tuesday and sweep the series 2-0. It was New Zealand's first series win over Pakistan since 1985 and a relieved captain Kane Wi
Published 30 Nov, 2016 12:00am

Hudur win Wapda polo title

Hudur A won the 2nd Wapda Polo tournament by defeating Thak A with 8-6 goals in the final match of the event. Wapda organised this 8-day tournament as part of its corporate social responsibility under the auspices of its Diamer Basha Dam Organisation, as
Published 30 Nov, 2016 12:00am

Punjab governor presents: Golf-Sponsor Award to Samsung

The Punjab governor presented a Golf-Sponsorship award to Samsung for successfully organizing the Naval Chief Golf Tournament in Lahore. Samsung has a tradition of promoting healthy social and cultural activities and interactive events for the masses, Man
Published 30 Nov, 2016 12:00am

Over 40 percent of footballers made to wait for wages

Over 40 percent of the world's professional footballers have experienced delayed payment of wages, according to a wide-ranging survey published by global players' union FIFPro on Tuesday. In the survey, carried out by the University of Manchester, 41 perc
Published 30 Nov, 2016 12:00am

Mardan Club in KP Regional Inter-Club Hockey final

Bejligar Club Mardan took berth into the final of the Khyber Pakhtunkhwa Regional Inter-Club Hockey Championship after defeating Khadium Club Bannu in a thrilling semi-final played here at Lala Ayub Hockey Stadium on Tuesday. Besides the semi-final match
Published 30 Nov, 2016 12:00am

Nordic skiing: World champ Johaug faces 14-month ban

Norway's Anti-Doping Agency on Tuesday called for a 14-month suspension against cross-country skier Therese Johaug, a seven-time world champion, after she failed a September drug test. The request will now be forwarded to an arbitration body at the Norweg
Published 30 Nov, 2016 12:00am

Barry's win in Lieutenant General Shah Rafi Alam polo

Barry's outclassed Lahori Badshahi by 9-21/2 in the inaugural match of the Lieutenant General Shah Rafi Alam Memorial Polo Cup 2016 played here at the Lahore Polo Club (LPC) ground on Tuesday. Hamza Mawaz Khan was hero of the day, who splendidly guided Ba
Published 30 Nov, 2016 12:00am

Urawa beat Kashima in first match of J-League final

Former Asian champions Urawa Reds edged out Kashima Antlers 1-0 away in the first match of the two-legged J-League final on Tuesday, moving a step closer to a spot at the prestigious Club World Cup. Following a scoreless first half, midfielder Yuki Abe sc
Published 30 Nov, 2016 12:00am

Bangladesh Premier League probed for match-fixing

A probe has been launched into allegations by a player that he was asked to fix matches during the latest scandal-hit Bangladesh Premier League Twenty20 tournament. The Bangladesh Cricket Board (BCB) said it would investigate after Rangpur Riders player J
Published 30 Nov, 2016 12:00am

India outplay England to lead series 2-0

Ravindra Jadeja's sparkling allround performance floored England and handed India an unbeatable 2-0 lead after they cantered home to a comprehensive eight-wicket win in the third Test on Tuesday. Top-ranked India surpassed the 103-run target in the final
Published 30 Nov, 2016 12:00am

China's blue-chip stocks index at 11-month high

China's blue-chip CSI300 index on Tuesday rose seventh straight day to strike an 11-month high, with big-cap industry leaders easily outperforming growth stocks. The blue-chip CSI300 index rose 0.8 percent, to 3,564.04 points, while the Shanghai Composite
Published 30 Nov, 2016 12:00am

FTSE lags Europe as commodity stocks drop

Britain's top share index fell on Tuesday, underperforming other European markets as energy and mining stocks were hit by weaker oil and metals prices. The blue-chip FTSE 100 index, which is more heavily weighted towards commodity-related stocks than cont
Published 30 Nov, 2016 12:00am

Southeast Asian stocks largely lower

Southeast Asian stocks ended largely lower on Tuesday as overnight weakness on Wall Street and doubts over a production cut by major oil exporters kept risk appetite in check. Indonesia recovered from previous session's losses to climb 0.4 percent, driven
Published 30 Nov, 2016 12:00am

Australian, New Zealand shares flat

Australian shares ended a touch lower on Tuesday as investors adopted a cautious stance after a weak Wall Street finish weighed on regional markets, with losses in the materials sector tugging on the main index. The S&P/ASX 200 index closed 0.13 percent,
Published 30 Nov, 2016 12:00am

European shares lifted by stronger Italian banks, Actelion rally

European shares rose slightly on Tuesday, helped by a strong rebound in Italian banks, while reports of a improved takeover offer sent Swiss biotech Actelion rallying to a fresh all-time high. Italy's bank index rose 4.1 percent, helped by a Reuters repor
Published 30 Nov, 2016 12:00am

Treasury yields dip

US Treasury yields fell on Monday from last week's highs on month-end buying and views that a selloff that followed the surprise US presidential election victory of Donald Trump may have gone too far. Analysts said demand for US government bonds, which ty
Published 30 Nov, 2016 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / May 13

281.73

USD PKR Interbank Buying / May 13

281.53

USD to Japanese Yen / May 13

147.90

USD to Swiss Franc / May 13

0.84

Pound Sterling to USD / May 13

1.32

Euro to USD / May 13

1.11

UK LIBOR % / May 12

4.96

Stock Volume

S&P 500 / May 12

5,844.19

Nasdaq / May 12

18,708.34

Dow Jones / May 12

42,410.10

India Sensex / May 13

81,726.97

Tokyo Nikkei / May 13

38,305.85

Hang Seng / May 13

23,188.20

FTSE 100 / May 13

8,606.55

Germany DAX 30 / May 13

23,595.02

France CAC40 / May 13

7,859.80

Item Value

Karachi Cotton PKR/37.32 KG / May 12

16,985

Gold 10 Grams PKR / May 12

291,923

Crude Oil USD/Barrel / May 13

61.90

Gold Spot USD/Ounce / May 13

3,253.26

Cotton US¢/pound / May 13

66.85

Petrol/Litre / May 14

252.63

Diesel/Litre / May 14

256.64

Gainers
Losers
Leaders

Stock Price

Grays Leasing / May 13

Grays Leasing Limited(GRYL)

4.51

▲ 0.72 (19%)

TPL Trakker Ltd / May 13

TPL Trakker Limited(TPLT)

6.59

▲ 1 (17.89%)

Al-Shaheer Corp / May 13

Al Shaheer Corporation Limited(ASC)

6.88

▲ 1 (17.01%)

B. F. Mod. / May 13

B.F. Modaraba(BFMOD)

8.34

▲ 1 (13.62%)

Burj Clean Energy Modaraba / May 13

Burj Clean Energy Modaraba(GEM)(GEMBCEM)

9.11

▲ 1 (12.33%)

Mahanna Islamic Index / May 13

Mahanna Islamic Index Traded Fund(MIIETF)

15.47

▲ 1.65 (11.94%)

Haseeb Waqas / May 13

Haseeb Waqas Sugar Mills Limited(HWQS)

9.59

▲ 1 (11.64%)

Gulshan Sp. / May 13

Gulshan Spinning Mills Limited(GSPM)

3.40

▲ 0.35 (11.48%)

Ghazi Fabrics / May 13

Ghazi Fabrics International Limited(GFIL)

10.17

▲ 1 (10.91%)

PIA Holding Co.Ltd / May 13

PIA Holding Company Limited(PIAHCLA)

14.80

▲ 1.35 (10.04%)

Stock Price

Power Cem(Pref) / May 13

Power Cement (Pref)(POWERPS)

15.35

▼ -1.71 (-10.02%)

Bilal Fibres / May 13

Bilal Fibres Limited(BILF)

19.59

▼ -2.18 (-10.01%)

TPL Life Insur. / May 13

TPL Life Insurance Limited(TPLL)

46.80

▼ -5.2 (-10%)

Din Tex. / May 13

Din Textile Mills Limited(DINT)

45

▼ -4.99 (-9.98%)

Mughal Energy / May 13

Mughal Energy Limited(GEM)(GEMMEL)

19.90

▼ -2.12 (-9.63%)

Suhail Jute / May 13

Suhail Jute Mills Limited(SUHJ)

78.36

▼ -8.24 (-9.52%)

First Punjab Modaraba / May 13

First Punjab Modaraba(FPJM)

2.77

▼ -0.28 (-9.18%)

Parmount Sp. / May 13

Paramount Spinning Mills Limited(PASM)

3.36

▼ -0.31 (-8.45%)

First AL-Noor Mod. / May 13

First Al-Noor Modaraba(FANM)

2.95

▼ -0.25 (-7.81%)

First IBL Mod. / May 13

First IBL Modaraba(FIBLM)

3

▼ -0.24 (-7.41%)

Stock Volume

WorldCall Telecom / May 13

Worldcall Telecom Limited(WTL)

41,734,903

▼ -0.06

Maple Leaf Cement / May 13

Maple Leaf Cement Factory Limited(MLCF)

41,052,877

▲ 6.27

Sui South Gas / May 13

Sui Southern Gas Company Limited(SSGC)

35,773,773

▲ 2.33

Oil & Gas Dev. / May 13

Oil & Gas Development Company Limited(OGDC)

30,912,153

▲ 15.65

B.O.Punjab / May 13

The Bank of Punjab(BOP)

24,175,098

▼ -0.16

Cnergyico PK / May 13

Cnergyico PK Limited(CNERGY)

24,174,880

▼ -0.09

K-Electric Ltd. / May 13

K-Electric Limited(KEL)

23,803,446

▼ -0.22

At-Tahur Ltd. / May 13

At-Tahur Limited(PREMA)

21,754,749

▼ -3.25

Fauji Cement / May 13

Fauji Cement Company Limited(FCCL)

20,681,855

▲ 1.82

D.G.K.Cement / May 13

D.G. Khan Cement Company Limited(DGKC)

19,785,523

▲ 10.35

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Gold price per tola falls massive Rs10,400 in Pakistan

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Illusion of remittance-driven growth

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NJLI Sarmaya Growth Fund Rates

Gold price per tola falls massive Rs10,400 in Pakistan

Rupee posts marginal gain against US dollar

IMF targets: ECC orders Rs50bn reallocation from PSDP to PD

SC dismisses ‘frivolous’ plea of FPSC with costs

FBR deputes officers at 21 beverages cos

Arif Habib expects super tax cut in upcoming budget

Beyond the ceasefire: Pakistan’s path forward

NJLI Sarmaya Growth Fund Rates

Gold price per tola falls massive Rs10,400 in Pakistan

KSE-100 surges over 10,000 points on India-Pakistan ceasefire, IMF approval

SC dismisses ‘frivolous’ plea of FPSC with costs

FY26 budget: Rates of CGT and WHT will be reduced

Housing finance schemes: Pakistan govt ready to offer 100% guarantees to banks

Buying rally continues at bourse, KSE-100 settles with nearly 1,300-point gain

Rupee posts marginal gain against US dollar

Cement: Not a sprint

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Cotton US¢/pound / May 13	66.85
Petrol/Litre / May 14	252.63
Diesel/Litre / May 14	256.64

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35