News Archives for Print - 2016-12-28

Print - 2016-12-28

Rotterdam vegetable oil prices

The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT:

Published 28 Dec, 2016 12:00am

Warm autumn makes European crops fragile to cold snap

Warmer-than-usual weather conditions in many parts of Europe have left grain crops exposed to damage from a cold spell which could come as soon as this week in eastern Europe, the European Union's crop monitoring service MARS said on Monday. Indications p

Published 28 Dec, 2016 12:00am

3,800-year-old potato garden discovered in Canada

Ancient spuds recently dug up on Canada's Pacific coast are blackened and surely unedible, but are the first proof, say researchers, that North American natives tended gardens at least 3,800 years ago. The excavated potato patch on the ancestral lands of

Published 28 Dec, 2016 12:00am

Malaysian palm oil gains on slower export decline, stronger soya

Malaysian palm oil gained 2.2 percent by the end of Tuesday's trading day, buoyed by data showing a slower decline in exports and improved sentiment for rival oils on Dalian and CBOT. Benchmark palm oil futures for March delivery on the Bursa Malaysia Der

Published 28 Dec, 2016 12:00am

ICE arabica coffee hits six-month low as investors liquidate

Arabica coffee on ICE Futures US on Tuesday slipped to its lowest price since late June as investors continued to unwind a bullish bet, while cocoa futures retreated and raw sugar edged higher in thin volumes. London softs markets remained closed for UK B

Published 28 Dec, 2016 12:00am

Currency

Gold ticks higher in Asia in light trade

Gold prices rose in Asian trade on Tuesday on light buying out of China, but trading was thin after the long Christmas weekend, even as a firm dollar capped the gains. Spot gold was up half a percent at $1,139.20 an ounce by 0705 GMT, after earlier edging

Published 28 Dec, 2016 12:00am

US MIDDAY: wheat and corn climb

US wheat and corn futures climbed to one-week highs on Tuesday and soyabeans also firmed on bargain-buying and short-covering after last week's declines, analysts said. As of 12:05 pm CST (1805 GMT), Chicago Board of Trade March wheat futures were up 16 c

Published 28 Dec, 2016 12:00am

Currency

US MIDDAY: gold rises

Gold prices rose on Tuesday to a near two-week high on weak Japan inflation data, but trading was thin with traders in the United States returning after the long Christmas weekend and London markets still closed. Most analysts believe broad concerns about

Published 28 Dec, 2016 12:00am

Non-filers' category: pensioners, widows and students have to pay high rates of WHT: experts

The vulnerable groups including pensioners, widows, students, retired persons and all those falling below taxable limit have to pay high rates of withholding taxes being covered under the category of non-filers. Tax experts told Business Recorder here on

Published 28 Dec, 2016 12:00am

Non-filers' category: pensioners, widows and students have to pay high rates of WHT: experts

Published 28 Dec, 2016 12:00am

Law review body deliberates on legislative proposals

The Law Review Committee Tuesday deliberated on legislative proposals to be tabled in the Parliament during the next session. The committee meeting was chaired by Finance Minister Senator, Mohammad Ishaq Dar here while Minister for Law and Justice, Zahid

Published 28 Dec, 2016 12:00am

Zubair Nawaz Chattha made Silk Bank Director

The Board of Directors of Silk Bank has appointed Zubair Nawaz Chattha as Director of the Bank in place of Azmat Shahzad Ahmed Tarin who has resigned from the position of an elected director of the bank. According to a material information sent to Pakista

Published 28 Dec, 2016 12:00am

Government plans to give 50,000 plots to federal employees

The Ministry of Housing and Works has planned to give 50,000 residential plots to the employees of federal government over the next 2 years, besides constructing 20,000 residential flats. This was stated by Federal Minister for Housing and Works Ikram Kha

Published 28 Dec, 2016 12:00am

Xi too sends birthday greetings to PM

Xi Jinping, President of the People's Republic of China has extended his sincere greetings and good wishes to Prime Minister Nawaz Sharif on his birthday. In his letter, the President has said that China attaches great importance to the development of Chi

Published 28 Dec, 2016 12:00am

Government to secure $1 billion in Chinese financing for roads

Pakistan expects to secure soft loans from China of about $1 billion this week for three road projects in the China-Pakistan Economic Corridor (CPEC), a official said on Tuesday. The roads lie on the western route of CPEC, a $55 billion network of roads,

Published 28 Dec, 2016 12:00am

Engro Corporation Limited

Engro is one of the country's most progressive, growth oriented organisations with a diverse range of companies/ subsidiaries. It has come a long way since its inception as a fertiliser manufacturing and marketing company to one of the largest conglom

Published 28 Dec, 2016 12:00am

Engro Corporation Limited

Published 28 Dec, 2016 12:00am

PMD forecasts dry weather and water shortage in country

The current dry weather spell would generate more than the previously estimated 17 percent water shortage in the country with serious negative implications on Rabi crop output, especially wheat and gram. Dr Ghulam Rasul Director General (DG) Pakistan Mete

Published 28 Dec, 2016 12:00am

JUI-F threatens to launch protest against Fata-KP merger plan

Jamiate Ulema Islam-Fazl (JUI-F) Fata has strongly opposed the imposition of any decision against the wishes of people of Federally Administered Tribal Areas (Fata), and announced to launch a protest movement against merger of Fata into KP from next month

Published 28 Dec, 2016 12:00am

PM's national health plan revised upward

The federal government has decided that premium of secondary care treatment in additional 11 districts for Prime Minister National Health Programme would be catered by the provincial governments. The original PC-I for Phase-I covering 23 districts has bee

Published 28 Dec, 2016 12:00am

KP culture policy in January-end

The director of Khyber Pakhtunkhwa's culture directorate has said on Tuesday that a comprehensive provincial cultural policy draft would be prepared by the end of January. In a meeting at his office with members of the Culture Journalists' Forum and a med

Published 28 Dec, 2016 12:00am

'US tech plays key role in strengthening many areas of business'

The United States is one of Pakistan's largest bilateral trading partner and is also one of the top sources of foreign direct investment to Pakistan, with $209 million in FY 2015. Chairman Privatisation Commission, Muhammad Zubair highlighted the positive

Published 28 Dec, 2016 12:00am

Settlement of account: PAC body gives exception to PM Secretariat

The Sub-Committee of Public Accounts Committee (PAC) on Tuesday gave an exception to Prime Minister Secretariat by settling its appropriate account in the absence of principal accounting officer (PAO). While examining the appropriation accounts of Prime M

Published 28 Dec, 2016 12:00am

SECP holds awareness seminar at NRSP

To spread awareness through its investor education programme 'Jamapunji', the Securities and Exchange Commission of Pakistan (SECP) in collaboration with the National Rural Support Program (NRSP) conducted an awareness session for the employees of NRSP at

Published 28 Dec, 2016 12:00am

Vaccination causing deaths among children?

In a setback to the vaccination efforts in FATA, three more minor children died on Tuesday of allegedly reaction to vaccines during an immunisation campaign in Khyber Agency. According to local sources, four years old Zakir s/o Muhammad Usman resident of

Published 28 Dec, 2016 12:00am

ECP adjourns hearing of references against PTI leaders till January 10

A 4-member bench of Election Commission of Pakistan (ECP) here on Tuesday adjourned the hearing in disqualification references against Chairman of Pakistan Tehreek-e-Insaf, Imran Khan and Secretary General Jehangir Tareen till January 10.

Published 28 Dec, 2016 12:00am

Up-gradation, rehabilitation of ML-1: Pakistan, China to sign new framework agreement

Pakistan and China will sign new framework agreement for up-gradation and rehabilitation of mainline-1 (ML-1) of Pakistan Railways during the upcoming Joint Co-operation Committee meeting (JCC) to be held in Beijing (China). Federal Minister for Pakistan

Published 28 Dec, 2016 12:00am

Jhagra highlights students' role in country's development

KP Governor Engineer Iqbal Zafar Jhagra has said that students are the precious asset to contribute a pivotal role in making the country developed in accordance with the present day needs. With quality education, imparted today to youth he added, our nati

Published 28 Dec, 2016 12:00am

Tax evasion by IT equipment importer detected

Directorate General of Intelligence and Investigation Inland Revenue (IR), Islamabad, has detected tax evasion by an importer of DHA, Lahore, who is engaged in business of IT equipment and spare parts, etc. It is learnt that Directorate has found discrepa

Published 28 Dec, 2016 12:00am

Shahbaz reviews working of Lahore Parking Company

Punjab Chief Minister Shahbaz Sharif Tuesday presided over a high-level meeting which reviewed the performance of Lahore Parking Company for providing parking facilities to the people. Punjab Chief Minister expressed dissatisfaction over the performance o

Published 28 Dec, 2016 12:00am

PPDWP approves six development schemes

The Punjab Provincial Development Working Party (PPDWP) approved six development schemes of various sectors with an estimated cost of Rs 3096.628 million. These schemes were approved in the 42nd meeting of PPDWP of current fiscal year 2016-17, a spokesman

Published 28 Dec, 2016 12:00am

PTEA urges Prime Minister to deliver on package promise

Pakistan Textile Exporters Association (PTEA) has stressed for immediate announcement of textile package promised by the Premier to arrest the widening trade deficit as substantial capacity to produce exportable surplus is either fully or partially closed

Published 28 Dec, 2016 12:00am

JI concerned over government's approach to Panama Leaks

The central Shoora of the Jamaat-e-Islami has expressed grave concern over the numerous challenges to the national security, especially due to government's treacherous attitude regarding corruption and Panama leaks, besides its cowardly response to India'

Published 28 Dec, 2016 12:00am

AMR project starts at Madina Town

On the special directives of Chief Executive Officer (CEO) Faisalabad Electric Supply Company (FESCO) Rashid Ahmed Aslam FESCO has started Automated Meter Reading (AMR) pilot project at Madina Town and Tandlianwala Sub Divisions. The FESCO is the first Di

Published 28 Dec, 2016 12:00am

'No contract of 'Saaf Pani Project' awarded to any firm'

A Spokesman of the Punjab Government, terming a news item published in a leading national English daily, absolutely baseless, concocted, unfounded and contrary to facts, has made it clear that the 'Saaf Pani Project' of the Punjab Government is still unde

Published 28 Dec, 2016 12:00am

Zardari accused of protecting his own self-interest

Naheed Khan, former political secretary of Mohtarma Benazir Bhutto, has criticised Asif Zardari for protecting his self-interest over the interests of people and country. "So much so, Zardari has decided to contest on the seat of Shaheed Bhutto and Benazi

Published 28 Dec, 2016 12:00am

CM Punjab suspends senior officials of PSPC

Expressing dismay over performance of senior officials of Punjab Saaf Pani Company (PSPC), Chief Minister Muhammad Shahbaz Sharif suspended from services on Tuesday PSPC's Chief Executive Officer (CEO) Waseem Ajmal and Chief (Contracts & Procurement) Miss

Published 28 Dec, 2016 12:00am

Indian water aggression being raised at world forums, LCCI told

Punjab Governor Malik Muhammad Rafique Rajwana has promised to extend every co-operation to the business community for the cause of national economy. While talking to the Lahore Chamber of Commerce and Industry (LCCI) President Abdul Basit and other offic

Published 28 Dec, 2016 12:00am

Tevta offers to set up centre of excellence for furniture industry

Technical Education and Vocational Training Authority (Tevta), Punjab has offered Pakistan Furniture Council (PFC) to set up "Centre for Excellence" for furniture industry in Chiniot to impart technology based training to wood working artisans and student

Published 28 Dec, 2016 12:00am

LHC seeks reply from government by January 9

The Lahore High Court on Tuesday sought reply from the federal government by January 09 next in a petition challenging a notification giving NEPRA under command of the federal ministry of water and power. The petitioner, a bar member Sheraz Zaka said that

Published 28 Dec, 2016 12:00am

PARTLY FACETIOUS: Ivanka Trump and Maryam Nawaz

"Comparing Ivanka Trump with Maryam Nawaz is just not appropriate."

Published 28 Dec, 2016 12:00am

Gunmen kidnap Iraqi female journalist

Gunmen have kidnapped an Iraqi female journalist after posing as members of the security forces and bursting into her home in Baghdad, authorities said on Tuesday. Afrah Shawqi Hammudi was abducted on Monday at around 10:00 pm (1900 GMT) from her home in

Published 28 Dec, 2016 12:00am

'Watership Down' author Adams dies

British author Richard Adams, who penned the tear-jerking classic novel Watership Down about a community of rabbits, has died at the age of 96, a statement on the book's website said on Tuesday. "Richard's much-loved family announce with sadness that thei

Published 28 Dec, 2016 12:00am

Cambodian court convicts exiled opposition leader

Cambodian opposition leader Sam Rainsy was sentenced to five years in prison on Tuesday over a post on his Facebook page, a conviction that makes his return from self-imposed exile unlikely. The conviction caps a major crackdown this year on critics of th

Published 28 Dec, 2016 12:00am

Avatar-style South Korean manned robot takes first baby steps

A giant South Korean-built manned robot that walks like a human but makes the ground shake under its weight has taken its first baby steps. Designed by a veteran of science fiction blockbusters, the four-metre-tall (13-foot), 1.5 ton Method-2 towers over

Published 28 Dec, 2016 12:00am

Former Argentine leader Kirchner charged in corruption case

Argentina's former president Cristina Kirchner slammed a judge for charging her on Tuesday in a corruption case over public tenders awarded to a businessman friend, and ordering a freeze of her assets. Kirchner, who was in office from 2007 to 2015, said a

Published 28 Dec, 2016 12:00am

One killed in Dera Bugti attack

One person was killed and two others injured when armed men attacked a house here on Tuesday morning. Levies sources said unidentified miscreants stormed a house in main town of Dera Bugti.

Published 28 Dec, 2016 12:00am

Aleem Lashari posted as SITE MD

Abdul Aleem Lashari, an officer of Ex-PCS (BS-19), Secretary, Sindh Workers Welfare Board, Labour and Human Resources department was transferred and posted with immediate effect as Managing Director, Sindh Industrial Trading Estates (SITE) Limited, Karach

Published 28 Dec, 2016 12:00am

Currency

Customs staff on high alert at Allama Iqbal Airport

Customs staff at the Allama Iqbal International Airport, Lahore is on high alert to thwart attempts of smuggling of foreign currency, drugs, gold and other contrabands. Special teams have been constituted to search suspected international flights and to m

Published 28 Dec, 2016 12:00am

Ill-planned SAPT operations led to container pile-up: KCAA

Karachi Customs Agents Association (KCAA) Tuesday claimed that the operations at South Asia Pakistan Terminal (SAPT) were started in a haphazard manner that led to the piling up of containers, causing severe problems to the trade. Wasiq Hussain Khan, Gene

Published 28 Dec, 2016 12:00am

Jaffer Brothers, Hungarian Embassy celebrate business & culture

Jaffer Brothers (Pvt) Ltd and the Hungarian Embassy have proudly come together to celebrate two important milestone events. Firstly, the inauguration of the prestigious Hungarian National Trading House - a new addition to the Hungarian Enterprises network

Published 28 Dec, 2016 12:00am

Jaffer Brothers, Hungarian Embassy celebrate business & culture

Published 28 Dec, 2016 12:00am

HEC confers awards on 47 outstanding university teachers

In continuation of its programme to encourage the outstanding university teachers and to acknowledge their services, Higher Education Commission (HEC) held a ceremony in connection with the Best University Teacher Award 2015 here on Tuesday. As many as 47

Published 28 Dec, 2016 12:00am

SC seeks help of AGP, AG Punjab over billboard advertisements

The Supreme Court on Tuesday sought assistance of Attorney General of Pakistan and Advocate General of Punjab on question of authority of Parks and Horticulture Authority for installation of billboards for advertisements. The court was hearing a petition

Published 28 Dec, 2016 12:00am

Sindh CM leaves for Beijing to attend JCC meeting

Sindh Chief Minister Syed Murad Ali Shah, three of his cabinet members and concerned senior officers have left for China on Tuesday night to attend the CPEC-related meeting. The chief minister returned Karachi just after attending the death anniversary of

Published 28 Dec, 2016 12:00am

PFVA for establishing CPEC research cell, special body at FPCCI

The patron-in-chief of All Pakistan Fruit and Vegetable Exporters, Importers and Merchants Association (PFVA), Waheed Ahmad has suggested that a special standing committee and research cell should be set up at Federation of Pakistan Chambers of Comers and

Published 28 Dec, 2016 12:00am

OPC settles half of received complaints so far: commissioner

Commissioner Overseas Pakistanis Commission (OPC) Punjab Afzaal Bhatti has said that OPC is striving for the welfare of overseas Pakistanis and so far, half of the received complaints have been settled. Presiding over a departmental meeting he said that o

Published 28 Dec, 2016 12:00am

Automobile shopkeepers against demolition of shops

Shopkeepers and dealers of automobile and spare parts of Shoba bazaar in Peshawar have complained that the officials of Cantonment Board harassing them on guise of illegal occupying of shops, and demanding the authorities concerned to immediate stop demol

Published 28 Dec, 2016 12:00am

Body formed to control marine pollution

A three-member high profile committee has been formed to compile a report on the progress of mega sewerage scheme (S-3) being executed to save the sea from solid and liquid waste including industrial one generated from the city besides suggesting other me

Published 28 Dec, 2016 12:00am

Pakistan, China, Russia concerned at deteriorating situation in Afghanistan

The trilateral meeting of Pakistan, China and Russia on Tuesday expressed concerns on the rise of extremist groups particularly the Islamic State (IS), also known as Daesh, in Afghanistan and also agreed to continue efforts towards facilitating Afghan-own

Published 28 Dec, 2016 12:00am

'Kashmir remembers Benazir Bhutto'

Chairman of Hurriyat Conference (M), Mirwaiz Umar Farooq, has expressed hope that young chairman of Pakistan Peoples Party (PPP) Bilawal Bhutto-Zardari will carry forward Benazir Bhutto's mission. "Kashmir remembers Benazir Bhutto on her death anniversary

Published 28 Dec, 2016 12:00am

Cricketers share time with thalassemia patients

Renowned cricketers Mohammad Irfan and Junaid Khan visited Omair Sana Thalassemia Centre where they met with Thalassemia children and their parents. The two cricketers spent some time with them and distributed gifts to these children. They cut a cake with

Published 28 Dec, 2016 12:00am

Mufti Abdul Qavi's Ruet membership revoked

The Ministry of Religious Affairs on Tuesday issued a notification, announcing cancellation of Mufti Abdul Qavi's Ruet-e-Hilal Committee membership. The high-profile cleric was rebuked for his behaviour and he was suspended from the country's moon-sightin

Published 28 Dec, 2016 12:00am

Ministry terms news regarding NAP implementation baseless

The Interior Ministry on Tuesday strongly contradicted a news item appearing in a section of media regarding "Implementation Report 2016 released by the Interior Ministry on National Action Plan." Terming the news item as completely baseless, the Interior

Published 28 Dec, 2016 12:00am

Prime Minister to inaugurate Chashma nuclear power project today

Prime Minister Muhammad Nawaz Sharif will inaugurate Wednesday Chashma Nuclear Power Project Unit-3 (C-3), which will add 340MW electricity to the national grid. Secretary Atomic Energy Commission Attique Chaudhry informed this to the National Assembly St

Published 28 Dec, 2016 12:00am

TEVTA to start training programme on hotel industry: chairperson

"In order to provide trained manpower to hotel industry, Technical Education and Vocational Training Authority (TEVTA) will start nine months training programme from next year. This course is being started as a pilot project with 10 teachers and 25 teache

Published 28 Dec, 2016 12:00am

9th Pakistan Energy Forum on February 23

The 9th Pakistan Energy Forum will be held on February 23, 2017 in Islamabad. This forum would attract participation and support from enterprises, regulators and stakeholders of the energy industry in the country. Several companies and institutions have a

Published 28 Dec, 2016 12:00am

Judicial Commission to probe causes of potable water shortage in Sindh

The Supreme Court (SC) of Pakistan on Tuesday set up a judicial commission on Tuesday to investigate into the causes of poor sanitary conditions and shortage of potable water throughout the province. The newly-formed one-man judicial commission was mandat

Published 28 Dec, 2016 12:00am

Member British Parliament meets Shahbaz

Member British Parliament, Khalid Mehmood met Punjab Chief Minister Muhammad Shahbaz Sharif Tuesday. Speaking on the occasion, Punjab CM said that Pakistan is moving speedily towards its lost destiny during the last three and a half years. Economy is bein

Published 28 Dec, 2016 12:00am

Chikungunya patients suffer as hospital's OPDs close down

Chikungunya patients in Karachi Malir were in a worrisome state on Tuesday as the Outdoor Patient Departments (OPDs) of government hospitals were shut due to holidays announced by the provincial government. In the wake of the disease outbreak, emergency w

Published 28 Dec, 2016 12:00am

PIA boards Sherry on wrong flight

A sheer negligence showed by the staff of Pakistan International Airlines (PIA), who boarded passengers including Senator Sherry Rehman bound for Sukkur into Karachi-Multan ATR aircraft. This unprofessional conduct caught the media attention when Sherry R

Published 28 Dec, 2016 12:00am

'Motorbike Ambulance Service' being introduced in Punjab

Punjab Minister for Specialised Healthcare & Medical Education Khawaja Salman Rafique has said that year 2016 was a successful year for health sector and the province of Punjab remained polio-free which is a great success on the part of health department.

Published 28 Dec, 2016 12:00am

President optimistic about Balochistan prospects

President Mamnoon Hussain on Tuesday said tough days for Balochistan were over now and a bright future awaited for the province and its people. Addressing an event held here to mark the birth anniversary of Quaid-e-Azam, the President said Pakistan in com

Published 28 Dec, 2016 12:00am

Parliamentarians asked to forward suggestions on election laws

National Assembly Standing Committee on Parliamentary Affairs on Tuesday recommended its members and other parliamentarians to forward their suggestions on election laws to Parliamentary Committee on Electoral Reforms for consideration. The meeting of the

Published 28 Dec, 2016 12:00am

BP, PBGA urge government to reduce taxes, duties on import of edible oil

Chairman Businessmen Panel and Pakistan Business Group Alliance of FPCCI Mian Zahid Hussain, Presidential Candidate Abdul Rahim Janoo, Candidate for Sr. Vice President Mian Anjum Nisar for FPCCI Elections 2017 & Chief Convenor Election Cell Syed Abdul Wah

Published 28 Dec, 2016 12:00am

BoDs NML approves investment up to Rs two billion in Nishat Linen

The Board of Directors of Nishat Mills Limited has approved further investment up to Rs 2.0 billion in the form of loan and advance in Nishat Linen, a wholly owned subsidiary of the Company, in the normal course of business as and when required by Nishat

Published 28 Dec, 2016 12:00am

Army chief on CPEC, Balochistan

If the China Pakistan Economic Corridor (CPEC) is the flagship of China's grand inter-continental 'One Belt, One Road' project the Gwadar port in Balochistan is undoubtedly the CPEC's flagship.

Published 28 Dec, 2016 12:00am

Feeling the pinch of lower oil prices

According to media reports, Saudi Arabia plans to sell up to 49 percent of its oil giant Saudi Aramco within 10 years as the world's largest crude exporter tries to lower its deficit. The kingdom is looking to diversify its oil-dependent economy and has a

Published 28 Dec, 2016 12:00am

CPEC not a dream anymore

For all the skeptics and those possessed by cynicism, CPEC is a reality and has ceased to be a dream. Personally, this scribe however remains apprehensive about CPEC being a "game changer". The doubt is not for reasons of its possibility to be so; but bec

Published 28 Dec, 2016 12:00am

TDAP, a home no more

There was a time when Export Promotion Bureau (EPB) was like home to the exporters; the one stop shop that we turned to in our hour of need. To be sure, not all our problems were solved, but one could always be sure of ready access, and if the problem was

Published 28 Dec, 2016 12:00am

Currency

The way out of inequality

Earlier this year, Oxfam shook the world by disclosing that the world's 62 richest persons now own the same wealth on which survive the poorest 3.6 million. The report concluded: far from trickling down, income and wealth are instead, being sucked upwards

Published 28 Dec, 2016 12:00am

Boko Haram on the run

As the year 2016 draws to a close there are perceptible signs that the jihadist forces are on the run on all major fronts. In Iraq's Mosul, the very bastion of the Islamic State is under attack by the government forces and a part of the city has already f

Published 28 Dec, 2016 12:00am

Indo-Pakistan water dispute

President World Bank Jim Yong Kim reportedly called Finance Minister Ishaq Dar to discuss his letter dated 23 December in which he had challenged the Bank's decision to pause the process of arbitration requested by Pakistan with respect to India's ongoing

Published 28 Dec, 2016 12:00am

The Weather

The weather report on Tuesday (December 28, 2016) and the forecast for Wednesday (December 28, 2016).

Published 28 Dec, 2016 12:00am

Iran says will consider letting Russia use its Hamadan air base again

Iranian Defence Minister Hossein Dehghan said in an interview with Kremlin-backed broadcaster RT that Tehran would consider letting Russia use its Hamadan air base again if Moscow asked, the RIA news agency reported. Russia launched air strikes against Sy

Published 28 Dec, 2016 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (December 27, 2016).

Published 28 Dec, 2016 12:00am

Iran says will consider letting Russia use its Hamadan air base again

Published 28 Dec, 2016 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (December 27, 2016).

Published 28 Dec, 2016 12:00am

Government mulling striking down Article 25-A of NAB law

The government is seriously considering striking down Article 25-A of National Accountability Ordinance, 1999 that deals with voluntary return (plea bargain) after the top anti-graft body cleared Mushtaq Raisani, a former finance secretary of Balochistan.

Published 28 Dec, 2016 12:00am

LME official prices

The following were Friday official prices.

Published 28 Dec, 2016 12:00am

Government mulling striking down Article 25-A of NAB law

Published 28 Dec, 2016 12:00am

LME official prices

The following were Friday official prices.

Published 28 Dec, 2016 12:00am

First Istanbul trial begins of Turkey coup suspects

Twenty-nine Turkish police officers went on trial Tuesday accused of failing to defend President Recep Tayyip Erdogan during the military's failed coup in July, the first such case in Istanbul. The hearings follow a massive crackdown on alleged putschists

Published 28 Dec, 2016 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (December 28, 2016).

Published 28 Dec, 2016 12:00am

First Istanbul trial begins of Turkey coup suspects

Published 28 Dec, 2016 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (December 28, 2016)

Published 28 Dec, 2016 12:00am

Romania's first female, Muslim PM rejected

Romania's president sparked fresh political turmoil Tuesday after blocking a proposal by the leftist party that won elections this month to appoint the EU country's first female and first Muslim prime minister. Klaus Iohannis gave no reasons for his rejec

Published 28 Dec, 2016 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Tuesday (December 28, 2016).

Published 28 Dec, 2016 12:00am

Trump names company lawyer as international negotiator

Donald Trump has designated his company's chief lawyer as a top international negotiator, the US president-elect's transition team announced Tuesday. Jason Greenblatt, the executive vice president and chief legal officer for the Trump Organisation - which

Published 28 Dec, 2016 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (December 27, 2016).

Published 28 Dec, 2016 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10

Gainers
Losers
Leaders

Stock	Price
Frontier Ceram / Dec 26 Frontier Ceramics Limited(FRCL)	46.16 ▲ 4.20 (10.01%)
Dar-es-Salaam / Dec 26 Dar-es-Salaam Textile Mills Limited(DSML)	51.25 ▲ 4.66 (10.00%)
Liven Pharma / Dec 26 Liven Pharma Limited(LIVEN)	113.10 ▲ 10.28 (10.00%)
Ghani Chem. Ind. / Dec 26 Ghani Chemical Industries Limited(GCIL)	17.74 ▲ 1.61 (9.98%)
Sardar Chemical / Dec 26 Sardar Chemical Industries Limited(SARC)	40.30 ▲ 3.63 (9.90%)
Al-Khair Gadoon / Dec 26 Al-Khair Gadoon Limited(AKGL)	50.90 ▲ 4.56 (9.84%)
Shams Textile / Dec 26 Shams Textile Mills Limited(STML)	28.66 ▲ 2.55 (9.77%)
B.R.R. Guardian / Dec 26 B.R.R. Guardian Limited(BRRG)	22.79 ▲ 1.97 (9.46%)
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	41.75 ▲ 3.38 (8.81%)

Stock	Price
Hoechst Pak. / Dec 26 Hoechst Pakistan Limited(HPL)	2,565 ▼ -285.00 (-10.00%)
Reliance Cotton / Dec 26 Reliance Cotton Spinning Mills Limited(RCML)	640.02 ▼ -70.27 (-9.89%)
Unicap Modaraba / Dec 26 Unicap Modaraba(UCAPM)	2.85 ▼ -0.31 (-9.81%)
Jubile Life InsXD / Dec 26 Jubilee Life Insurance Company Limited(JLICL)	162 ▼ -16.87 (-9.43%)
J.A.Textile / Dec 26 J.A. Textile Mills Limited(JATM)	31.02 ▼ -2.93 (-8.63%)
Bannu Woollen / Dec 26 Bannu Woollen Mills Limited(BNWM)	33.12 ▼ -2.92 (-8.10%)
I.C.C. Ind. / Dec 26 ICC Industries Limited(ICCI)	9.35 ▼ -0.66 (-6.59%)
786 Invest Ltd / Dec 26 786 Investments Limited(786)	6.72 ▼ -0.43 (-6.01%)
AL-Abbas Sugar / Dec 26 Al-Abbas Sugar Mills Limited(AABS)	700 ▼ -44.45 (-5.97%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.03
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	67,135,769 ▲ 0.65
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -0.24
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.09
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.11
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	29,562,935 ▲ 0.38
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.08
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.14
Sui North Gas / Dec 26 Sui Northern Gas Pipelines Limited(SNGP)	26,262,710 ▲ 4.35

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