AGL 38.83 Decreased By ▼ -0.06 (-0.15%)
AIRLINK 143.40 Decreased By ▼ -2.00 (-1.38%)
BOP 5.24 Increased By ▲ 0.04 (0.77%)
CNERGY 3.72 Decreased By ▼ -0.06 (-1.59%)
DCL 7.58 Decreased By ▼ -0.09 (-1.17%)
DFML 46.40 Increased By ▲ 1.22 (2.7%)
DGKC 80.88 Increased By ▲ 1.75 (2.21%)
FCCL 27.42 Decreased By ▼ -0.58 (-2.07%)
FFBL 55.00 Increased By ▲ 1.67 (3.13%)
FFL 8.56 Decreased By ▼ -0.09 (-1.04%)
HUBC 111.02 Decreased By ▼ -10.80 (-8.87%)
HUMNL 11.42 Increased By ▲ 0.46 (4.2%)
KEL 3.77 Increased By ▲ 0.02 (0.53%)
KOSM 8.33 Increased By ▲ 0.01 (0.12%)
MLCF 35.20 Increased By ▲ 0.44 (1.27%)
NBP 61.35 Increased By ▲ 2.10 (3.54%)
OGDC 171.90 Increased By ▲ 2.68 (1.58%)
PAEL 25.78 Increased By ▲ 0.18 (0.7%)
PIBTL 5.97 Decreased By ▼ -0.02 (-0.33%)
PPL 127.55 Increased By ▲ 0.05 (0.04%)
PRL 25.58 Increased By ▲ 0.70 (2.81%)
PTC 12.15 Increased By ▲ 0.21 (1.76%)
SEARL 57.00 Increased By ▲ 1.47 (2.65%)
TELE 7.10 Increased By ▲ 0.03 (0.42%)
TOMCL 34.80 Decreased By ▼ -0.35 (-1%)
TPLP 6.95 Decreased By ▼ -0.05 (-0.71%)
TREET 13.85 Decreased By ▼ -0.04 (-0.29%)
TRG 47.05 Increased By ▲ 1.23 (2.68%)
UNITY 26.05 Decreased By ▼ -0.14 (-0.53%)
WTL 1.21 No Change ▼ 0.00 (0%)
BR100 9,096 Increased By 116.2 (1.29%)
BR30 27,261 Decreased By -159.3 (-0.58%)
KSE100 85,664 Increased By 753.7 (0.89%)
KSE30 27,441 Increased By 243.7 (0.9%)
Oct 08, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-01-12
PSX 2016 Review:
Currency

PSX 2016 Review:

The Pakistan Stock Exchange (PSX) witnessed a landmark year in 2016. The benchmark KSE-100 index soared up 45.7 percent, which made it the top performing index in the region. Globally, the KSE-100 took the fifth spot below turnaround stories from South Am
Published 12 Jan, 2017 12:00am
Water reservoirs face 80 percent shortage, Senate body told

Water reservoirs face 80 percent shortage, Senate body told

Three major water storage reservoirs of the country, including Tarbela and Mangla Dams and Chashma Barrage, are currently facing 80 per cent water shortage as compared to last year, forcing water cut in provincial shares against estimated water availabili
Published 12 Jan, 2017 12:00am
Tarbela dam: power generation reaches its lowest point

Tarbela dam: power generation reaches its lowest point

Eleven power generation units of Tarbela dam has been shut down due to low water level in the lake and power production capacity has reached at its lowest. According to the details, water level of Tarbela dam has reached on 1,426.3 feet, where only three
Published 12 Jan, 2017 12:00am
Tarbela dam: power generation reaches its lowest point

Tarbela dam: power generation reaches its lowest point

Eleven power generation units of Tarbela dam has been shut down due to low water level in the lake and power production capacity has reached at its lowest. According to the details, water level of Tarbela dam has reached on 1,426.3 feet, where only three
Published 12 Jan, 2017 12:00am
No change in CPEC's western route: Ahsan

No change in CPEC's western route: Ahsan

Federal Minister for Planning, Development and Reforms Ahsan Iqbal here Wednesday said the government has accorded highest priority to promotion of higher education and has planned to establish sub-campuses of universities in every district of the country
Published 12 Jan, 2017 12:00am
Extension in military courts tenure sought in APS case

Extension in military courts tenure sought in APS case

Some mothers of martyred students of Army Public School (APS) Peshawar have demanded of the government to extend the military courts period, instead of closing them. They viewed the terrorism activities had considerably declined due to effective functioni
Published 12 Jan, 2017 12:00am
Aware of cruise missile test: US

Aware of cruise missile test: US

US State Department spokesman John Kirby has said that we were aware about the Pakistan's Cruise missile Babur-III tests. Holding a press conference, John Kirby directed the atomic powers including Pakistan to be careful in missile testing. He also warned
Published 12 Jan, 2017 12:00am
Nisar for expediting anti-drug campaign

Nisar for expediting anti-drug campaign

Interior Minister Chaudhry Nisar Ali Khan on Wednesday directed Islamabad administration to expedite the anti drug campaign in educational institutions. In a statement, he directed the anti narcotics force and police to take action against those involved
Published 12 Jan, 2017 12:00am
FBR reopens input adjustment of ST claims against KE

FBR reopens input adjustment of ST claims against KE

Federal Board of Revenue (FBR) has reopened an input adjustment of sale tax claims against M/s K Electric in line with the observation of the Auditor General of Pakistan (AGP). Public Accounts Committee (PAC) headed by Syed Khursheed Shah examined the aud
Published 12 Jan, 2017 12:00am
Number of 3G, 4G users reaches 36.412 million by November 2016: PTA

Number of 3G, 4G users reaches 36.412 million by November 2016: PTA

The number of 3G and 4G users in Pakistan reached 36.412 million by end-November against 35.45 million by end of October 2016, official documents of Pakistan Telecommunication Authority (PTA) revealed Wednesday. Number of mobile phone users in Pakistan re
Published 12 Jan, 2017 12:00am
Dar reviews technological trends, reforms in banking sector
Currency

Dar reviews technological trends, reforms in banking sector

Finance Minister Senator Ishaq Dar chaired a meeting here on Wednesday and reviewed the new technological trends and reform initiatives in banking/financial sector. Governor State Bank Ashraf Mehmood Wathra updated the Finance Minister regarding the new t
Published 12 Jan, 2017 12:00am
FBR reduces IT rate on firms fulfilling Shariah-compliance criteria

FBR reduces IT rate on firms fulfilling Shariah-compliance criteria

Unveiling tax concession for Shariah-compliant companies, the Federal Board of Revenue (FBR) has announced to charge reduced rate of income tax on such companies once they fulfil the criteria laid down by the Board. The FBR has notified the reduced rate o
Published 12 Jan, 2017 12:00am
Sindh Madressatul Islam team calls on CJP

Sindh Madressatul Islam team calls on CJP

A 66 member delegation of National Leadership Program 2017 headed by Dr Mohammad Ali Shaikh, Vice Chancellor, Sindh Madressatul Islam University, Karachi called on the Chief Justice of Pakistan Justice Mian Saqib Nisar as a part of their study tour at Sup
Published 12 Jan, 2017 12:00am
Human rights in IoK: NA body not satisfied with ministry's briefing

Human rights in IoK: NA body not satisfied with ministry's briefing

National Assembly Standing Committee on Human Rights on Wednesday expressed dissatisfaction over briefing given by Ministry of Foreign Affairs on violation of human rights in the Indian-held Kashmir. A meeting of the committee was held here in the Parliam
Published 12 Jan, 2017 12:00am
NAB decides to authorise one investigation, four inquiries

NAB decides to authorise one investigation, four inquiries

The Executive Board Meeting (EBM) of National Accountability Bureau (NAB) was held under the chairmanship of Qamar Zaman Chaudhry, Chairman NAB at NAB Headquarters. The following decisions were taken during the EBM. The EBM decided to authorise investigat
Published 12 Jan, 2017 12:00am
Crackdown against drug dealers launched in Capital

Crackdown against drug dealers launched in Capital

Islamabad police and Rangers conducted a joint operation against drug dealers in different areas located around Quaid-e-Azam University here on Wednesday. An official of police told that over 2,000 personnel of Islamabad police and Rangers participated in
Published 12 Jan, 2017 12:00am
Obama may be asked to ensure release of Dr Aafia, other Pakistanis: JI

Obama may be asked to ensure release of Dr Aafia, other Pakistanis: JI

Ameer Jamaat-e-Islami (JI), Sirajul Haq has urged the government to request the outgoing US President Obama to ensure release of Dr Aafia Siddiqui and other detained Pakistanis in the United States under special clemency. Talking to the media persons outs
Published 12 Jan, 2017 12:00am
2D seismic survey of 15 oil, gas blocks completed in FATA

2D seismic survey of 15 oil, gas blocks completed in FATA

On the instruction of Governor Khyber Pakhtunkhwa Engr. Iqbal Zafar Jhagra 2D seismic survey of 15 blocks of oil and gas in FATA has been completed which has the potential of producing 20 trillion cubic feet of gas. It will generate job opportunities to l
Published 12 Jan, 2017 12:00am
Sustainable peace linked to resolution of world disputes

Sustainable peace linked to resolution of world disputes

Pakistan has called for a decisive shift from responding to crises to preventing them in order to accomplish sustainable peace. "Sustainable peace is a challenge and cannot be achieved unless the underlying causes of conflicts are addressed: poverty; envi
Published 12 Jan, 2017 12:00am
NHA requires Rs 125 billion for road projects under CPEC: Tarar

NHA requires Rs 125 billion for road projects under CPEC: Tarar

National Highways Authority (NHA) is set to demand over Rs 125 billion for the ongoing road projects under China-Pakistan Economic Corridor (CPEC); however, it would not consider any new project in the next financial year (2017-18). The NHA would require
Published 12 Jan, 2017 12:00am
FSO demands immediate Fata-KP merger

FSO demands immediate Fata-KP merger

Activists of Fata Students Organisation (FSO) staged a rally against Frontier Crime Regulation (FCR). They demanded immediate merger of Fata with KP. The rally was headed by FSO central president Shaukat Aziz, Senior Chief Advisor, Haleem Orakzai, General
Published 12 Jan, 2017 12:00am
Pakistan predicted to be fastest-growing Muslim economy in 2017

Pakistan predicted to be fastest-growing Muslim economy in 2017

Pakistan has been forecasted to be the world's fastest-growing Muslim economy in 2017 ahead of Indonesia, Malaysia, Turkey and Egypt, says "The Economist" magazine. Pakistan's estimated GDP growth "5.3%" is also ahead of 4% GDP growth of Israel, making Pa
Published 12 Jan, 2017 12:00am
PHMA hails export package

PHMA hails export package

Adil Butt, Chairman Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has lauded the Prime Minister for announcing the long awaited Export Package. In a statement issued here on Wednesday he said, although too late, but this positive step of
Published 12 Jan, 2017 12:00am
Flour Mills Association seeks Rs 50 billion package

Flour Mills Association seeks Rs 50 billion package

Pakistan Flour Mills Association (PFMA-Punjab) has urged the government to announce an Rs 50 billion package for exporters of wheat and wheat products which will ultimately revive the ailing flour milling industry. This package will help dispose of surplu
Published 12 Jan, 2017 12:00am
Low gas pressure hits most parts of Lahore

Low gas pressure hits most parts of Lahore

The domestic consumers in many areas of Lahore faced low pressure of gas on Wednesday and their sufferings also multiplied due to illegal use of compressors which affect gas pressure in the vicinity. The low gas pressure hit most of the localities in the
Published 12 Jan, 2017 12:00am
Roadmap of hire education in Punjab unveiled

Roadmap of hire education in Punjab unveiled

The Punjab Government has unveiled the roadmap of improving the overall quality of higher education institutions in the province. This roadmap is aimed at sufficiently improving the educational standards so that the students could excel through the strong
Published 12 Jan, 2017 12:00am
Customs duty on Metro Train imports put off

Customs duty on Metro Train imports put off

Federal government (FG) has waived off customs duty on all imports pertaining to Lahore Orange Line Metro Train (LOLMT) with intention to encourage timely completion of the project. Kh. Ahmad Hassaan, Chairman of the Steering Committee for the project inf
Published 12 Jan, 2017 12:00am
Easy load facility for taxpayers to be introduced

Easy load facility for taxpayers to be introduced

The Excise department has decided to introduce easy load facility for taxpayers. According to sources, the taxpayers would be allowed to deposit their token, property and professional tax through easy load facility as well. The service centre would be cha
Published 12 Jan, 2017 12:00am
Collector Customs meets DG PFSA
Currency

Collector Customs meets DG PFSA

Collector Customs Preventive Lahore Zulfiqar Younas held a meeting with Director General Punjab Forensic Science Agency (PFSA) Dr Muhammad Ashraf Tahir at the Punjab Forensic Science Agency headquarters the other day. Both of them discussed matters of mut
Published 12 Jan, 2017 12:00am
MCCI chief hails Rs 180 billion package of incentives
Cotton

MCCI chief hails Rs 180 billion package of incentives

The business community of Southern Punjab particularly value added textile industry has hailed the package of incentives of Rs 180 billion announced by Prime Minister Nawaz Sharif that envisages abolition of customs duty and sales tax on import of cotton,
Published 12 Jan, 2017 12:00am
PU to adopt modern examination management system

PU to adopt modern examination management system

Punjab University (PU) is going to adopt the latest examination management system according to the needs of modern age in order to provide maximum facilities to the students, Punjab University vice-chancellor Professor Dr Zafar Mueen, said. During his vis
Published 12 Jan, 2017 12:00am
Remote areas: special pay package for doctors recommended

Remote areas: special pay package for doctors recommended

The cabinet committee on health sector reforms has recommended special pay package to the medical officers/women medical officers recruited on contract basis for the remote hospitals according to the distance. The recommendation was made in a meeting of t
Published 12 Jan, 2017 12:00am
'Collectorate of Customs Preventive achieves many milestones'

'Collectorate of Customs Preventive achieves many milestones'

Customs Collector (Preventive) Zulfiqar Younis said on Wednesday, the Collectorate of Customs Preventive had achieved many milestones including launching of anti-smuggling operations software applications and establishment of control room in digitalising
Published 12 Jan, 2017 12:00am
Mercury level drops in Lahore

Mercury level drops in Lahore

The mercury level in city dropped to one percent in the late night hours on Wednesday while it jacked up to 18 degree centigrade during the day hours. Meanwhile, the Met office pointed out that a cool breeze would continue to gust at a pace of 9 kilometre
Published 12 Jan, 2017 12:00am
Partly Facetious: Obama's speech

Partly Facetious: Obama's speech

"I heard Obama's farewell speech and I hope that our politicians take the time to listen to it and draw some lessons and..."
Published 12 Jan, 2017 12:00am
Ziauddin University celebrates 10 years of CSLHS

Ziauddin University celebrates 10 years of CSLHS

"Speech is the greatest invention of humanity. Speech and hearing is very important for communication, because of speech we are able to express our expressions", Senator Javed Jabbar said while addressing as Chief Guest to the Commemoration of 10 years by
Published 12 Jan, 2017 12:00am
More winter rain, snowfall likely

More winter rain, snowfall likely

A fresh weather system is expected to trigger more winter rains across the country from next Friday to Sunday, the Met Office said on Wednesday. It said that the new weather system was expected to unleash rain with snowfall over scores of mountainous plac
Published 12 Jan, 2017 12:00am
SEPA shuts down production processes of 4 industrial units

SEPA shuts down production processes of 4 industrial units

The Sindh Environment Protection Agency (SEPA) shut down the production processes of 4 industrial units in Hyderabad SITE area here Wednesday under charges of violation of the environmental regulations. The Regional Director of SEPA Munir Ahmed Abbassi sa
Published 12 Jan, 2017 12:00am
SEPA shuts down production processes of 4 industrial units

SEPA shuts down production processes of 4 industrial units

The Sindh Environment Protection Agency (SEPA) shut down the production processes of 4 industrial units in Hyderabad SITE area here Wednesday under charges of violation of the environmental regulations. The Regional Director of SEPA Munir Ahmed Abbassi sa
Published 12 Jan, 2017 12:00am
Customs values of artificial jewellery revised

Customs values of artificial jewellery revised

The Directorate General Customs Valuation (DGCV) has increased the customs values of artificial jewellery after four years. According to the customs officials, the customs values of artificial jewellery, which were determined under valuation ruling 484 is
Published 12 Jan, 2017 12:00am
SSGC undertakes raids against gas theft

SSGC undertakes raids against gas theft

The Task Force of SSGC's Customer Relations Team conducted a number of raids in various parts of Karachi recently. These raids were taken with the assistance of SSGC-backed Police Force and the Company's Security Services Departments in Goths and localit
Published 12 Jan, 2017 12:00am
OMD wins 'Pakistan Media Agency of the Year' Awards 2016

OMD wins 'Pakistan Media Agency of the Year' Awards 2016

OMD Pakistan, a part of the Omnicom Media Group, on November 30, 2016 won the title of 'Pakistan Media Agency of the Year' at the Campaign Asia-Pacific Agency of the Year Awards 2016. This is OMD Pakistan's third consecutive award at Campaign Asia's Agenc
Published 12 Jan, 2017 12:00am
SECMC-Wateen announces free WiFi villages of Tharparkar

SECMC-Wateen announces free WiFi villages of Tharparkar

Multiplying initiatives under the umbrella of Corporate Social Responsibility (CSR), the Sindh Engro Coal Mining Company (SECMC) and Wateen Telecom on Tuesday announced to make first ever free WiFi villages of Tharparkar, Sindh. The announcement was made
Published 12 Jan, 2017 12:00am
UBL launches 50 percent cashback campaign with Mastercard, MCR

UBL launches 50 percent cashback campaign with Mastercard, MCR

UBL, Pakistan's Best Bank 2016, has launched the 50% cash back campaign in collaboration with Mastercard and MCR Private Limited. MCR manages world renowned food brands Pizza Hut and Burger King in Pakistan. With this offer, customers can avail up to 50%
Published 12 Jan, 2017 12:00am
Sindh CM orders removal of encroachments from KCR tracks

Sindh CM orders removal of encroachments from KCR tracks

Sindh Chief Minister (CM), Syed Murad Ali Shah has approved Rs 45 million for preparing feasibility of Karachi Circular Railways (KCR) and ordered removal of encroachment from route so that work could be started on the project through China Pakistan Econo
Published 12 Jan, 2017 12:00am
KGH, School of Nursing graduation ceremony held

KGH, School of Nursing graduation ceremony held

Health education and employment is not only basic need but also reflects social & human development. This was stated by Minister of Health, Dr Sikendar Mandeero addressing at Kharadar General Hospital School of Nursing Graduation Ceremony. He also highlig
Published 12 Jan, 2017 12:00am
FPCCI president hails PM's package for exporters
Cotton

FPCCI president hails PM's package for exporters

Zubair F. Tufail, President of the Federation of Pakistan Chambers of Commerce and Industry highly appreciated and acknowledged the services of S. M. Muneer, Chief Executive Trade Development Authority of Pakistan (TDAP) for playing instrumental role in t
Published 12 Jan, 2017 12:00am
Schools to be made a place of best learning experience: Prime Minister

Schools to be made a place of best learning experience: Prime Minister

Prime Minister Muhammad Nawaz Sharif on Wednesday terming children the country's future said the government was focusing on providing them high-standard education and best facilities at their learning places. "With best educational reforms and improved bu
Published 12 Jan, 2017 12:00am
Brief of draft Companies Bill submitted to National Assembly panel

Brief of draft Companies Bill submitted to National Assembly panel

The sub-committee of the National Assembly Standing Committee on Finance was submitted a brief of draft Companies Bill 2017. The Finance Division (Investment Wing) has submitted the brief to the committee, which started clause-by-clause discussion on the
Published 12 Jan, 2017 12:00am
Speakers pay tributes to Qazi Hussain

Speakers pay tributes to Qazi Hussain

Speakers at a seminar while paying glowing tributes to the services of former Ameer Jamaat- e-Islami (JI) late Qazi Hussain Ahmed have said that not only Pakistan but entire Ummah at present needs a leader to unite Muslims who are becoming prey to sectari
Published 12 Jan, 2017 12:00am
PSX staff condole Hanif Jakhura's death

PSX staff condole Hanif Jakhura's death

The market participants and staff at the Pakistan Stock Exchange mourned the sad demise of Hanif Jakhura, Chief Executive Officer of Central Depository Company of Pakistan (CDC) in the holy city of Makkah, Saudi Arabia on January 09. They extended their h
Published 12 Jan, 2017 12:00am
Torture on Tayyaba: SC directs police to complete probe

Torture on Tayyaba: SC directs police to complete probe

Supreme Court on Wednesday issued directives to Islamabad police to complete probe into torture inflicted on minor maid Tayyaba who was serving at the house of Additional District and Session judge Islamabad Khurram Ali Khan. Recently, Additional District
Published 12 Jan, 2017 12:00am
266,412 deported from different countries in three years, Senate told

266,412 deported from different countries in three years, Senate told

The government informed the Senate on Wednesday that a total of 266,412 Pakistanis were deported from different countries, majority of whom had to face expulsion by Saudi authorities during the last three years. During the question-hour, Federal Minister
Published 12 Jan, 2017 12:00am
Attached companies not selecting CEOs on merit facing destruction: MoI&P

Attached companies not selecting CEOs on merit facing destruction: MoI&P

The Ministry of Industries and Production (MoI&P) Wednesday acknowledged that all its attached organisations/companies are facing destruction where the selection of Chief Executive Officers (CEOs) was not on merit. This conclusion was shared by the Additi
Published 12 Jan, 2017 12:00am
Six of a family gunned down

Six of a family gunned down

At least six people were killed on Wednesday in Rawalpindi apparently in family feud. According to sources, the incident occurred in Losar Sharfoo area of Rawalpindi's Wah Cantt where a man along with his cronies shot dead six members of a family. Investi
Published 12 Jan, 2017 12:00am
Chitral has high strategic importance for us: Ahsan

Chitral has high strategic importance for us: Ahsan

Federal Minister for Planning, Development & Reform, Ahsan Iqbal said that the government must link Chitral to the tremendous trade and economic opportunities which would arise from the opening of the Lowari Tunnel and the CPEC projects. He was addressing
Published 12 Jan, 2017 12:00am
PTI fails to advance any substantive arguments: minister

PTI fails to advance any substantive arguments: minister

State Minister for Information and Broadcasting Marriyum Aurangzeb has said that Pakistan Tehreek-e-Insaf will not get anything out of Panama Papers case. Talking to the media persons here on Wednesday after attending the Supreme Court proceedings on Pana
Published 12 Jan, 2017 12:00am
NCCA declares Dr Baig as well-dressed person 2016

NCCA declares Dr Baig as well-dressed person 2016

Dr Mirza Ikhtiar Baig, Chairman Baig Group, Hon Consul General of Yemen and former Advisor to PM on Textile has been declared well dressed person of 2016 by the National Consul of Culture & Arts (NCCA) Pakistan who is engaged to promote art, culture and f
Published 12 Jan, 2017 12:00am
Scholarships named after legendary Edhi announced

Scholarships named after legendary Edhi announced

Professional Education Foundation (PEF) with a view to enabling deserving and meritorious students, who fail to pursue their professional education due to financial constraints, launched scholarship named after iconic social worker, late Abdul Sattar Edhi
Published 12 Jan, 2017 12:00am
Package of incentives for exporters
Cotton

Package of incentives for exporters

This is apropos a Business Recorder news item "As election nears, PM pleases businesses" carried by the newspaper yesterday. According to it, Prime Minister Nawaz Sharif has announced a package of incentives of Rs 180 billion that envisages aboliti
Published 12 Jan, 2017 12:00am
Thanks, but no thanks

Thanks, but no thanks

The question being repeatedly asked of the federal ministers and the Prime Minister's spokesman was simple: had the recently retired General Raheel Sharif assumed the command of the '39-nation' Saudi-led military alliance against terrorism? The answer sho
Published 12 Jan, 2017 12:00am
Criticality of incredible leadership

Criticality of incredible leadership

Singapore was founded by Sir Thomas Stamford Raffles as a far-flung trading post for the British East India Company in 1819 on a small island leased from the Sultan of Johar. With the construction of the Suez Canal in 1865 Singapore became an important re
Published 12 Jan, 2017 12:00am
Infrastructure project financing

Infrastructure project financing

According to the quarterly Infrastructure Finance Review (July-September, 2016) released by the State Bank on 6th January, 2017, infrastructure projects in the country witnessed substantial increases in financing from banks and DFIs in the recent period a
Published 12 Jan, 2017 12:00am
Incentives for exporters
Cotton

Incentives for exporters

Prime Minister Nawaz Sharif, flanked by Finance Minister Ishaq Dar and Commerce Minister Khurram Dastgir, presided over the ceremony where a Rs 180 billion export package was announced. His audience, specially invited for the event, consisted of members o
Published 12 Jan, 2017 12:00am
Haroon, US official discuss tax policy for foreign investors

Haroon, US official discuss tax policy for foreign investors

Special Assistant to the Prime Minister on Revenue Haroon Akhtar Khan and a senior official of United States (US) Embassy Islamabad Wednesday held a meeting to discuss tax policy for foreign investors, investment climate for US investors in Pakistan and '
Published 12 Jan, 2017 12:00am
Senate body approves ''The Prohibition of Corporal Punishment Bill''

Senate body approves ''The Prohibition of Corporal Punishment Bill''

The sub-committee of Senate Standing Committee on Interior on Wednesday unanimously approved "The Prohibition of Corporal Punishment Bill, 2017," seeking elimination of physical punishment in public and private schools and care institutions.
Published 12 Jan, 2017 12:00am
Senate body approves 'The Prohibition of Corporal Punishment Bill'

Senate body approves 'The Prohibition of Corporal Punishment Bill'

The sub-committee of Senate Standing Committee on Interior on Wednesday unanimously approved "The Prohibition of Corporal Punishment Bill, 2017," seeking elimination of physical punishment in public and private schools and care institutions.
Published 12 Jan, 2017 12:00am
Senate body approves 'The Prohibition of Corporal Punishment Bill'

Senate body approves 'The Prohibition of Corporal Punishment Bill'

The sub-committee of Senate Standing Committee on Interior on Wednesday unanimously approved "The Prohibition of Corporal Punishment Bill, 2017," seeking elimination of physical punishment in public and private schools and care institutions.
Published 12 Jan, 2017 12:00am
Dar for access to easy, affordable financial services

Dar for access to easy, affordable financial services

Finance Minister Ishaq Dar Wednesday chaired the 4th meeting of National Financial Inclusion Council (NFIS). Finance Minister in his opening remarks stated, "Implementation of National Financial Inclusion Strategy (NFIS) is government''s foremost priority
Published 12 Jan, 2017 12:00am
Dar for access to easy, affordable financial services

Dar for access to easy, affordable financial services

Finance Minister Ishaq Dar Wednesday chaired the 4th meeting of National Financial Inclusion Council (NFIS). Finance Minister in his opening remarks stated, "Implementation of National Financial Inclusion Strategy (NFIS) is government's foremost priority
Published 12 Jan, 2017 12:00am
Dar for access to easy, affordable financial services

Dar for access to easy, affordable financial services

Finance Minister Ishaq Dar Wednesday chaired the 4th meeting of National Financial Inclusion Council (NFIS). Finance Minister in his opening remarks stated, "Implementation of National Financial Inclusion Strategy (NFIS) is government's foremost priority
Published 12 Jan, 2017 12:00am
Seven killed, eight injured in cylinder blast

Seven killed, eight injured in cylinder blast

At least seven labourers died and eight others sustained severe burnt injuries as a gas cylinder exploded in a casting shed of a private construction company near Mahmood Booti Interchange, sources said on Wednesday. According to the sources, nine people
Published 12 Jan, 2017 12:00am
Seven killed, eight injured in cylinder blast

Seven killed, eight injured in cylinder blast

At least seven labourers died and eight others sustained severe burnt injuries as a gas cylinder exploded in a casting shed of a private construction company near Mahmood Booti Interchange, sources said on Wednesday. According to the sources, nine people
Published 12 Jan, 2017 12:00am
India warns Amazon over alleged insults to flag

India warns Amazon over alleged insults to flag

India on Wednesday sought an apology from Amazon for selling "insulting" doormats featuring its national flag and threatened to bar foreigners working for the e-commerce giant from entering the country unless the products were withdrawn. Foreign minister
Published 12 Jan, 2017 12:00am
India warns Amazon over alleged insults to flag

India warns Amazon over alleged insults to flag

India on Wednesday sought an apology from Amazon for selling "insulting" doormats featuring its national flag and threatened to bar foreigners working for the e-commerce giant from entering the country unless the products were withdrawn. Foreign minister
Published 12 Jan, 2017 12:00am
India warns Amazon over alleged insults to flag

India warns Amazon over alleged insults to flag

India on Wednesday sought an apology from Amazon for selling "insulting" doormats featuring its national flag and threatened to bar foreigners working for the e-commerce giant from entering the country unless the products were withdrawn. Foreign minister
Published 12 Jan, 2017 12:00am
The Weather

The Weather

The weather report on Wednesday (January 11, 2017) and the forecast for Thursday (January 11, 2017).

Published 12 Jan, 2017 12:00am
Five UAE officials among 57 killed in Afghan bombings

Five UAE officials among 57 killed in Afghan bombings

Five UAE officials were among 57 people killed in a string of bombings across Afghan cities, authorities said Wednesday, as Taliban militants step up a deadly winter campaign of violence. The Emiratis were among 12 people killed when explosives hidden in
Published 12 Jan, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (January 11, 2017).

Published 12 Jan, 2017 12:00am
Five UAE officials among 57 killed in Afghan bombings

Five UAE officials among 57 killed in Afghan bombings

Five UAE officials were among 57 people killed in a string of bombings across Afghan cities, authorities said Wednesday, as Taliban militants step up a deadly winter campaign of violence. The Emiratis were among 12 people killed when explosives hidden in
Published 12 Jan, 2017 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 12 Jan, 2017 12:00am
SBP allows clearinghouse membership to CDNS

SBP allows clearinghouse membership to CDNS

In order to facilitate the general public, State Bank of Pakistan (SBP) has allowed clearinghouse membership to Central Directorate of National Savings (CDNS). The State Bank has issued instructions to all the banks to accept profit coupon / withdrawals s
Published 12 Jan, 2017 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 12 Jan, 2017 12:00am
SBP allows clearinghouse membership to CDNS

SBP allows clearinghouse membership to CDNS

In order to facilitate the general public, State Bank of Pakistan (SBP) has allowed clearinghouse membership to Central Directorate of National Savings (CDNS). The State Bank has issued instructions to all the banks to accept profit coupon / withdrawals s
Published 12 Jan, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (January 11, 2017).

Published 12 Jan, 2017 12:00am
SBP allows clearinghouse membership to CDNS

SBP allows clearinghouse membership to CDNS

In order to facilitate the general public, State Bank of Pakistan (SBP) has allowed clearinghouse membership to Central Directorate of National Savings (CDNS). The State Bank has issued instructions to all the banks to accept profit coupon / withdrawals s
Published 12 Jan, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (January 11, 2017)

Published 12 Jan, 2017 12:00am
Bangladesh Prime Minister asks Myanmar to take back Rohingya refugees

Bangladesh Prime Minister asks Myanmar to take back Rohingya refugees

Bangladesh's Prime Minister on Wednesday asked Myanmar to take back tens of thousands of Rohingya refugees who have fled a military crackdown in the Buddhist majority nation's Rakhine state, an official said. According to the UN, at least 65,000 people be
Published 12 Jan, 2017 12:00am
Bangladesh Prime Minister asks Myanmar to take back Rohingya refugees

Bangladesh Prime Minister asks Myanmar to take back Rohingya refugees

Bangladesh's Prime Minister on Wednesday asked Myanmar to take back tens of thousands of Rohingya refugees who have fled a military crackdown in the Buddhist majority nation's Rakhine state, an official said. According to the UN, at least 65,000 people be
Published 12 Jan, 2017 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (January 11, 2017).

Published 12 Jan, 2017 12:00am
Hubco increases shareholding in CPHGC

Hubco increases shareholding in CPHGC

The Hub Power Company Limited (Hubco) has increased its shareholding in China Power Hub Power Generation Company (Private) Limited (CPHGC) from 26.0 percent to 47.5 percent. The CPHGC is in process of setting up coal based power plant in Hub, Balochistan
Published 12 Jan, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 11, 2017).

Published 12 Jan, 2017 12:00am
Hubco increases shareholding in CPHGC

Hubco increases shareholding in CPHGC

The Hub Power Company Limited (Hubco) has increased its shareholding in China Power Hub Power Generation Company (Private) Limited (CPHGC) from 26.0 percent to 47.5 percent. The CPHGC is in process of setting up coal based power plant in Hub, Balochistan
Published 12 Jan, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 11, 2017).

Published 12 Jan, 2017 12:00am
Previous Day