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Print - 2017-02-06
Sun of independence will dawn soon in Kashmir: JI chief

Sun of independence will dawn soon in Kashmir: JI chief

Chief of Jamaat-e-Islami, Senator Sirajul Haq, declared that the sun of independence would dawn soon in Kashmir and the Pakistan flag would fly over Srinagar. While addressing a huge Kashmir March on the Mall Road in the provincial capital on the Kashmir
Published 06 Feb, 2017 12:00am
Justice Azmat discharged from hospital

Justice Azmat discharged from hospital

Justice Azmat Saeed was discharged from Armed Forces Institute of Cardiology (AFIC) on Sunday after he underwent a successful angioplasty last week. Justice Saeed, who is part of five-member larger bench Supreme Court hearing Panama leaks case, was admitt
Published 06 Feb, 2017 12:00am
Citigroup to exit US mortgage servicing operations by 2018

Citigroup to exit US mortgage servicing operations by 2018

Citigroup Inc said on Monday it would speed up the transformation of its US mortgage business by exiting servicing operations by the end of 2018. Citi said it would sell its mortgage servicing rights on about 780,000 Fannie Mae and Freddie Mac loans of no
Published 06 Feb, 2017 12:00am
WHO and FBR working on proposals relating to tobacco taxation

WHO and FBR working on proposals relating to tobacco taxation

World Health Organisation (WHO) and Federal Board of Revenue (FBR) are jointly working on proposals relating to tobacco taxation, Federal excise duty (FED) assessment on cigarettes and control of illicit tobacco trade in Pakistan.
Published 06 Feb, 2017 12:00am
Canon sees first profit gain in three years

Canon sees first profit gain in three years

Japanese camera and printer maker Canon Inc forecast full-year operating profit to climb 11.4 percent, its first rise in three years, bolstered by earnings from a medical equipment unit it bought from Toshiba Corp last year.
Published 06 Feb, 2017 12:00am
WHO and FBR working on proposals relating to tobacco taxation

WHO and FBR working on proposals relating to tobacco taxation

World Health Organisation (WHO) and Federal Board of Revenue (FBR) are jointly working on proposals relating to tobacco taxation, Federal excise duty (FED) assessment on cigarettes and control of illicit tobacco trade in Pakistan.
Published 06 Feb, 2017 12:00am
Vodafone Qatar posts narrower Q3 loss

Vodafone Qatar posts narrower Q3 loss

Vodafone Qatar, an affiliate of Vodafone Group, reported a narrower third-quarter loss on Tuesday. The telecoms operator made a net loss of 31 million riyals ($8.3 million) in the three months to December 31, the company said in a release. That compares w
Published 06 Feb, 2017 12:00am
WHO and FBR working on proposals relating to tobacco taxation

WHO and FBR working on proposals relating to tobacco taxation

World Health Organisation (WHO) and Federal Board of Revenue (FBR) are jointly working on proposals relating to tobacco taxation, Federal excise duty (FED) assessment on cigarettes and control of illicit tobacco trade in Pakistan.
Published 06 Feb, 2017 12:00am
JAL sees profits fall, leaves full-year forecast unchanged

JAL sees profits fall, leaves full-year forecast unchanged

Japan Airlines on Tuesday said net profit dropped in the nine months to December due to a slump in income from international flights, but the carrier left its full-year forecast unchanged. JAL posted a net profit of 108.3 billion yen ($955 million), down
Published 06 Feb, 2017 12:00am
Pasha disputes Dar's claim

Pasha disputes Dar's claim

Former Advisor to Prime Minister on Finance Dr Hafeez Pasha expressed reservations over the claim made by Finance Minister Ishaq Dar that the Pakistan's economy was moving towards improvement.
Published 06 Feb, 2017 12:00am
GSMA outlines new developments for 2017 Mobile World Congress

GSMA outlines new developments for 2017 Mobile World Congress

The GSMA has provided further updates on the 2017 Mobile World Congress, announcing newly confirmed keynote speakers for the conference, as well as additional programmes and participating companies. Mobile World Congress will be held 27 February 2 March 2
Published 06 Feb, 2017 12:00am
Pasha disputes Dar's claim

Pasha disputes Dar's claim

Former Advisor to Prime Minister on Finance Dr Hafeez Pasha expressed reservations over the claim made by Finance Minister Ishaq Dar that the Pakistan's economy was moving towards improvement.
Published 06 Feb, 2017 12:00am
Apple to start making iPhones in India

Apple to start making iPhones in India

Apple is to start making iPhones in India this year, a local government official said Friday, as the company seeks to tap into a booming middle class while sales in China slow. Karnataka's IT minister said Apple had agreed to assemble its hugely popular p
Published 06 Feb, 2017 12:00am
Roche 2017 profit growth won't outstrip sales, commits to diabetes

Roche 2017 profit growth won't outstrip sales, commits to diabetes

Roche on Wednesday forecast profit growth would not outstrip sales in 2017 as the world's top cancer drugmaker increases spending on new products it hopes will offset declines in ageing biotech medicines now going off patent. The Swiss drugmaker dismissed
Published 06 Feb, 2017 12:00am
Harley Davidson slumps

Harley Davidson slumps

Harley-Davidson on Tuesday revealed gloomy sales ahead after soft results last year, due to weakness in its home market despite the ascendancy of President Donald Trump's "America First" agenda. The chief of the iconic motorcycle brand said he hopes to tu
Published 06 Feb, 2017 12:00am
Yahoo delays sale of core business to Verizon

Yahoo delays sale of core business to Verizon

Yahoo said Monday its $4.8 billion deal to sell its core internet assets to US telecom titan Verizon has been delayed several months. The closing originally set for this quarter has been pushed into next quarter due to "work required to meet closing condi
Published 06 Feb, 2017 12:00am
First blueprint for a massive quantum computer unveiled

First blueprint for a massive quantum computer unveiled

Global scientists Wednesday unveiled the first blueprint for a massive quantum computer that could be as large as a football pitch and offers hope of solving the world's most vexing problems.
Published 06 Feb, 2017 12:00am
Saleem Shehzad to return home within 48 hours

Saleem Shehzad to return home within 48 hours

Muttahida Qaumi Movement's (MQM) self-exiled leader Saleem Shahzad on Sunday announced to return to Pakistan. Saleem made the announcement through a message on social media site Twitter. Shehzad said that he would be in Pakistan within next 48 hours. A le
Published 06 Feb, 2017 12:00am
Chelsea crush Arsenal and Liverpool lose

Chelsea crush Arsenal and Liverpool lose

Chelsea moved another step towards regaining the Premier League title with a 3-1 drubbing of Arsenal in the table-topping London derby at Stamford Bridge on Saturday as only Tottenham Hotspur maintained their distant pursuit of the leaders.
Published 06 Feb, 2017 12:00am
Noah targets French Davis glory after Japan win

Noah targets French Davis glory after Japan win

France captain Yannick Noah said his team could go on to lift the Davis Cup after wrapping up a 4-1 first-round victory over Japan on Sunday. Entering the final day's reverse singles in Tokyo with an unassailable 3-0 lead, the nine-time champions chose to
Published 06 Feb, 2017 12:00am
PSM liabilities: CCoP seeks more details

PSM liabilities: CCoP seeks more details

Cabinet Committee on Privatisation (CCoP) has reportedly sought further details of Pakistan Steel Mills (PSM) liabilities prior to proceeding further with sell off/ leasing plan, well-informed sources told Business Recorder.
Published 06 Feb, 2017 12:00am
South Africa rout Sri Lanka by seven wickets

South Africa rout Sri Lanka by seven wickets

South Africa routed Sri Lanka by seven wickets to take the third one-day international at the Wanderers on Saturday in a match held up for an hour after bees swarmed onto the famous arena. The hosts also took a winning 3-0 lead in the five-match series af
Published 06 Feb, 2017 12:00am
Pakistan thanks India after Kashmiri boy reunited with mother

Pakistan thanks India after Kashmiri boy reunited with mother

Pakistan has sent a rare message of thanks to India after a five-year-old boy who was taken to India by his father nearly a year ago was reunited with his Pakistani mother. Ifthikar Ahmed was handed over to Rohina Kiani by border officials in the town of
Published 06 Feb, 2017 12:00am
Aziz invites Bahraini businessmen to invest

Aziz invites Bahraini businessmen to invest

Foreign Minister of the Kingdom of Bahrain, Shaikh Khalid Bin Ahmed Mohammed Al Khalifa arrived on Sunday along with a high-level delegation, to co-chair the inaugural session of Pakistan-Bahrain Joint Ministerial Commission with Sartaj Aziz, Adviser to t
Published 06 Feb, 2017 12:00am
India's cricket board rejects proposal to trim revenue

India's cricket board rejects proposal to trim revenue

India has voted against a proposed shake-up of cricket's global governing body that threatens its influence as one of the game's "Big Three" powers along with Australia and England. The Board of Control for Cricket in India rejected a proposal to radicall
Published 06 Feb, 2017 12:00am
Political novice to become next head of Indian state

Political novice to become next head of Indian state

A former video cassette seller with close ties to Tamil Nadu's late leader will become the next chief minister of the Indian state, capping a remarkable rise for the political novice. The ruling party in the southern state announced Sunday that VK Sasikal
Published 06 Feb, 2017 12:00am
Olympia take Rafi Group Polo Cup

Olympia take Rafi Group Polo Cup

Olympia beat Ahsan & Co by 5-41/2 in the final to clinch the Rafi Group Polo Cup here at the Lahore Polo Club (LPC) ground on Sunday. Ahmed Ali Tiwana was hero of the day as he hammered tremendous three goals in his team's title triumph and also named as
Published 06 Feb, 2017 12:00am
Russian Energy Minister due on January 8

Russian Energy Minister due on January 8

Russian Energy Minister will pay a visit to Pakistan on 8th of Feb, 2017 to discuss and sort out the difficulties with Pakistani officials in the implementation of Lahore-Gas pipeline. According to a private TV channel, the visit of the Russian energy min
Published 06 Feb, 2017 12:00am
Boult helps New Zealand take series

Boult helps New Zealand take series

A six-wicket haul for Trent Boult and a Ross Taylor century brought New Zealand a 24-run victory over Australia in the third one-day international Sunday to win the series 2-0.
Published 06 Feb, 2017 12:00am
Russian Energy Minister due on January 8

Russian Energy Minister due on January 8

Russian Energy Minister will pay a visit to Pakistan on 8th of Feb, 2017 to discuss and sort out the difficulties with Pakistani officials in the implementation of Lahore-Gas pipeline. According to a private TV channel, the visit of the Russian energy min
Published 06 Feb, 2017 12:00am
PSM liabilities: CCoP seeks more details

PSM liabilities: CCoP seeks more details

Cabinet Committee on Privatisation (CCoP) has reportedly sought further details of Pakistan Steel Mills (PSM) liabilities prior to proceeding further with sell off/ leasing plan, well-informed sources told Business Recorder.
Published 06 Feb, 2017 12:00am
Russian Energy Minister due on January 8

Russian Energy Minister due on January 8

Russian Energy Minister will pay a visit to Pakistan on 8th of Feb, 2017 to discuss and sort out the difficulties with Pakistani officials in the implementation of Lahore-Gas pipeline. According to a private TV channel, the visit of the Russian energy min
Published 06 Feb, 2017 12:00am
Manchester City moved up to third

Manchester City moved up to third

Gabriel Jesus scored twice, including a 92nd-minute winner, as Manchester City climbed to third in the Premier League with a 2-1 victory against a dogged Swansea City on Sunday. Jesus, preferred again to top scorer Sergio Aguero, poked home to break Swans
Published 06 Feb, 2017 12:00am
Turkey detains 450 IS suspects in nationwide sweep

Turkey detains 450 IS suspects in nationwide sweep

Turkish police on Sunday detained almost 450 suspected Islamic State group members in nationwide raids just over a month after an attack on an Istanbul night-club claimed by the jihadists. Security forces rounded up 448 suspects, the state-run Anadolu new
Published 06 Feb, 2017 12:00am
Lufthansa sees rapid growth of Gulf airlines slowing

Lufthansa sees rapid growth of Gulf airlines slowing

Lufthansa believes the rapid growth phase of Gulf airlines is coming to end, which could help to ease some of the pressure in a highly competitive industry, its chief executive said on Wednesday. Speaking after signing catering and maintenance deals with
Published 06 Feb, 2017 12:00am
Turkey detains 450 IS suspects in nationwide sweep

Turkey detains 450 IS suspects in nationwide sweep

Turkish police on Sunday detained almost 450 suspected Islamic State group members in nationwide raids just over a month after an attack on an Istanbul night-club claimed by the jihadists. Security forces rounded up 448 suspects, the state-run Anadolu new
Published 06 Feb, 2017 12:00am
Mizuho's third quarter profit rises on one-time gain

Mizuho's third quarter profit rises on one-time gain

Mizuho Financial Group on Tuesday reported an 8.3 percent rise in its quarterly net profit as it booked a one-time gain from the reorganisation of its asset management business, although lower lending income continued to drag on its results.
Published 06 Feb, 2017 12:00am
Dubai's Aramex fourth quarter profit more than doubles

Dubai's Aramex fourth quarter profit more than doubles

Dubai-based courier Aramex said on Monday it was cautious in its outlook due to global economic uncertainties after reporting a 129 percent jump in fourth-quarter net profit. The company's net profit rose to 131.8 million dirhams ($35.88 million) in the t
Published 06 Feb, 2017 12:00am
Roche 2017 profit growth won't outstrip sales, commits to diabetes

Roche 2017 profit growth won't outstrip sales, commits to diabetes

Roche on Wednesday forecast profit growth would not outstrip sales in 2017 as the world's top cancer drugmaker increases spending on new products it hopes will offset declines in ageing biotech medicines now going off patent. The Swiss drugmaker dismissed
Published 06 Feb, 2017 12:00am
Justice Azmat discharged from hospital

Justice Azmat discharged from hospital

Justice Azmat Saeed was discharged from Armed Forces Institute of Cardiology (AFIC) on Sunday after he underwent a successful angioplasty last week. Justice Saeed, who is part of five-member larger bench Supreme Court hearing Panama leaks case, was admitt
Published 06 Feb, 2017 12:00am
Kamal demands immediate devolution of powers to Karachi mayor

Kamal demands immediate devolution of powers to Karachi mayor

Chief of Pak Sarzameen Party (PSP) Mustafa Kamal has demanded of the provincial government to immediately devolve powers to the elected mayor, terming it imperative for Karachi's development. "This city needs powers to be devolved to the elected mayor at
Published 06 Feb, 2017 12:00am
Pakistani arrested by India
Currency

Pakistani arrested by India

A Pakistani national was apprehended by the Indian Border Security Force (BSF) as he mistakenly crossed the border in Samba district, Police said on Sunday. "Security forces nabbed a Pakistan national while he was sneaking into Indian side close to Balhad
Published 06 Feb, 2017 12:00am
Egypt wishes to participate in CPEC: Ayaz

Egypt wishes to participate in CPEC: Ayaz

Speaker National Assembly Sardar Ayaz Sadiq on Sunday said that Egypt wishes to participate in China-Pakistan Economic Corridor (CPEC). He was talking to media after meeting with Egypt's Ambassador to Pakistan, Sherif Shaheen in Islamabad.
Published 06 Feb, 2017 12:00am
South Punjab observes Kashmir Solidarity Day

South Punjab observes Kashmir Solidarity Day

The people of South Punjab observed 'Kashmir Solidarity Day' Sunday to reaffirm their support for the struggle of the people of India-held Kashmir for their right to self-determination pledged under several UN Security Council resolutions.
Published 06 Feb, 2017 12:00am
PPP KP concerned over government's delaying tactics on NFC Award

PPP KP concerned over government's delaying tactics on NFC Award

Provincial president, PPP, Khyber Pakhtunkhwa, Hamayun Khan has expressed deep concern over delaying tactics on National Finance Commission (NFC) Award and other matters relating to progress and development of the province.
Published 06 Feb, 2017 12:00am
Sherpao supports Fata-KP merger

Sherpao supports Fata-KP merger

Khyber Pakhtunkhwa Senior Minister for Irrigation and Provincial Chairman of Qaumi Watan Party (QWP), Sikandar Khan Sherpao has strongly supported the merger of Federally Administered Tribal Areas (Fata) with Khyber Pakhtunkhwa.
Published 06 Feb, 2017 12:00am
FC rescues 108 stranded travellers from Naushki

FC rescues 108 stranded travellers from Naushki

The Frontier Corps Balochistan have successfully rescued 108 stranded travelers from a remote location in Chaghi district of Balochistan while eight persons, including an FC soldier, were killed due to landslides in Chitral district.
Published 06 Feb, 2017 12:00am
Italian rescuers save 1,500 migrants in Med in two days

Italian rescuers save 1,500 migrants in Med in two days

Some 1,500 migrants have been rescued in the Mediterranean this weekend, an unusually high number for winter when crossings tend to slow because of difficult sea conditions, the Italian coastguard said Sunday. The number of people pulled to safety in the
Published 06 Feb, 2017 12:00am
Libya rescues 120 migrants off Tripoli coast

Libya rescues 120 migrants off Tripoli coast

More than 120 migrants including women and children were rescued by Libyan coastguards Sunday off the coast of Tripoli after their boat ran into trouble. The migrants set off Friday from Sabratha - a town 70 kilometres (45 miles) west of Libya's capital t
Published 06 Feb, 2017 12:00am
Duterte ends peace talks with Maoist rebels

Duterte ends peace talks with Maoist rebels

Philippine President Rodrigo Duterte has angrily scrapped talks with communist insurgents aimed at ending their decades-long conflict after both the government and the rebels called off unilateral cease-fires. Duterte, a self-described socialist who had p
Published 06 Feb, 2017 12:00am
Russia's Lavrov backs renewal of UN-led Syria talks

Russia's Lavrov backs renewal of UN-led Syria talks

Russia said on Sunday that it supports the continuation of Syria peace talks under United Nations auspices, long-running negotiations which had been thrown into doubt by separate, Moscow-backed peace talks launched last month.
Published 06 Feb, 2017 12:00am
India's budget
Currency

India's budget

Arun Jaitley, the Indian Finance Minister, unveiled his fourth budget for fiscal year 2017-18 on 1st February which envisages a massive rise in expenditure for the rural economy with the objective of doubling farmers' income and strengthening India's crum
Published 06 Feb, 2017 12:00am
Action against ridesharing companies

Action against ridesharing companies

That the authorities in Punjab and Sindh are unwilling to tolerate a good public service unless they can take credit for it or control it is obvious from the way they took thoughtless action against the popular ridesharing services provide by companies li
Published 06 Feb, 2017 12:00am
Oil price rise

Oil price rise

On the last day of 2016 - 31st December - Ishaq Dar, the Federal Finance Minister, on behalf of the federal government decided to set the price of petroleum and products every fifteen days instead of once a month, with effectivity on the fifteenth and the
Published 06 Feb, 2017 12:00am
Challenging the IBF model - I

Challenging the IBF model - I

During an online search on relevant topics while writing this article, the author coincidentally lands on a page where a Professor from Scandinavia, apparently disturbed by the recurring collapses of the prevalent global economic and financial system (as
Published 06 Feb, 2017 12:00am
Smog chokes coal-addicted Poland

Smog chokes coal-addicted Poland

The soupy grey smog shrouding Polish cities this winter is one of the most visible symptoms of the EU member's addiction to coal, a deadly habit forcing many to stay indoors or don masks before venturing out. Professor Anna Doboszynska, a respected specia
Published 06 Feb, 2017 12:00am
'The debt debate'

'The debt debate'

This apropos a Business Recorder op-ed "The debt debate" carried by the newspaper on Friday. The authors, Huzaima Bukhari and Dr Ikramul Haq, have shown their customary belligerence towards the government. According to them, "Whatever our worthy Fi
Published 06 Feb, 2017 12:00am
Pakistani community in UAE observes Kashmir Day

Pakistani community in UAE observes Kashmir Day

A function was held at the Embassy of Pakistan, Abu Dhabi on Sunday to observe "Kashmir Solidarity Day". A large number of Pakistanis including Kashmiri community in the UAE assembled in the premises of the Embassy of Pakistan, Abu Dhabi, to show solidari
Published 06 Feb, 2017 12:00am
Orangi residents protest against street crime

Orangi residents protest against street crime

Residents of Orangi Town Sector-11 on Sunday held protest demonstration in the jurisdictions of Iqbal Market Police Station against the rising street crime incidents, accusing the area police for inaction.
Published 06 Feb, 2017 12:00am
COAS directs timely rescue efforts in snow-hit areas

COAS directs timely rescue efforts in snow-hit areas

Chief of Army Staff, General Qamar Javed Bajwa, has directed maximum assistance to NDMA, PDMA and local administrations for timely and effective rescue and relief efforts in snow hit areas.
Published 06 Feb, 2017 12:00am
PTCL Summit Program grooming young talent

PTCL Summit Program grooming young talent

Dr Daniel Ritz, President and CEO, PTCL addressed management trainees of the company at an event held at the PTCL Academy in Haripur with reference to its Summit Program. Pakistan Telecommunicat-ion Comp-any Limited (PTCL), the largest ICT service provid
Published 06 Feb, 2017 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (January 30 to February 03, 2017).

Published 06 Feb, 2017 12:00am
The Weather

The Weather

The weather report on Sunday (February 05, 2017) and the forecast for Monday (February 06, 2017).

Published 06 Feb, 2017 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

The rupee, some how managed to gain slightly against the dollar on the money market during the week, ended on February 04, 2017. In the open market, the rupee most of the time held the present levels in terms of the dollar for buying and selling at Rs 107
Published 06 Feb, 2017 12:00am
THE RUPEE: slight gains
Currency

THE RUPEE: slight gains

The rupee, some how managed to gain slightly against the dollar on the money market during the week, ended on February 04, 2017. In the open market, the rupee most of the time held the present levels in terms of the dollar for buying and selling at Rs 107
Published 06 Feb, 2017 12:00am
Thousands in US, Europe take to the streets

Thousands in US, Europe take to the streets

From London and Paris to New York and Washington, thousands of people took to the streets to protest US President Donald Trump's travel ban amid a fierce legal battle over the order. The biggest demonstration by far on Saturday took place in the British c
Published 06 Feb, 2017 12:00am
Thousands in US, Europe take to the streets

Thousands in US, Europe take to the streets

From London and Paris to New York and Washington, thousands of people took to the streets to protest US President Donald Trump's travel ban amid a fierce legal battle over the order. The biggest demonstration by far on Saturday took place in the British c
Published 06 Feb, 2017 12:00am
Trump immigration ban in limbo after appeals court ruling

Trump immigration ban in limbo after appeals court ruling

The Trump administration's immigration order barring citizens from seven mainly Muslim countries and temporarily blocking refugees was in legal limbo on Sunday after an appeals court denied the Department of Justice's request to restore the ban.
Published 06 Feb, 2017 12:00am
Pence warns Iran against testing Trump's resolve

Pence warns Iran against testing Trump's resolve

US Vice President Mike Pence in an interview airing Sunday warned Iran "not to test the resolve" of the Donald Trump administration, days after Washington slapped new sanctions on Tehran following a ballistic missile test launch.
Published 06 Feb, 2017 12:00am
Pence warns Iran against testing Trump's resolve

Pence warns Iran against testing Trump's resolve

US Vice President Mike Pence in an interview airing Sunday warned Iran "not to test the resolve" of the Donald Trump administration, days after Washington slapped new sanctions on Tehran following a ballistic missile test launch.
Published 06 Feb, 2017 12:00am
15 killed as avalanches hit Chitral villages

15 killed as avalanches hit Chitral villages

At least 15 people including a Scout were killed as avalanches hit different villages of Chitral district on Sunday. Chitral Scouts Commandant Colonel Nizamuddin Shah told media persons that bodies of 15 people were taken out from the rubble in Sher Shal
Published 06 Feb, 2017 12:00am
15 killed as avalanches hit Chitral villages

15 killed as avalanches hit Chitral villages

At least 15 people including a Scout were killed as avalanches hit different villages of Chitral district on Sunday. Chitral Scouts Commandant Colonel Nizamuddin Shah told media persons that bodies of 15 people were taken out from the rubble in Sher Shal
Published 06 Feb, 2017 12:00am
Equities remain volatile

Equities remain volatile

Pakistan Stock Exchange (PSX) remained under pressure during the outgoing week and the benchmark KSE-100 index declined by 407.94 points on week-on-week basis to close at 49,555.83 points.
Published 06 Feb, 2017 12:00am
Equities remain volatile

Equities remain volatile

Pakistan Stock Exchange (PSX) remained under pressure during the outgoing week and the benchmark KSE-100 index declined by 407.94 points on week-on-week basis to close at 49,555.83 points.
Published 06 Feb, 2017 12:00am
Equities remain volatile

Equities remain volatile

Pakistan Stock Exchange (PSX) remained under pressure during the outgoing week and the benchmark KSE-100 index declined by 407.94 points on week-on-week basis to close at 49,555.83 points.
Published 06 Feb, 2017 12:00am
Shujaat and Musharraf discuss situation

Shujaat and Musharraf discuss situation

Former Prime Minister and President Pakistan Muslim League-Q (PML-Q) Chaudhry Shujaat Hussain on Sunday called on former President General Pervez Musharraf (Retd). Sources said that Shujaat met the former military ruler in Dubai. During the meeting, overa
Published 06 Feb, 2017 12:00am
Shujaat and Musharraf discuss situation

Shujaat and Musharraf discuss situation

Former Prime Minister and President Pakistan Muslim League-Q (PML-Q) Chaudhry Shujaat Hussain on Sunday called on former President General Pervez Musharraf (Retd). Sources said that Shujaat met the former military ruler in Dubai. During the meeting, overa
Published 06 Feb, 2017 12:00am
PSM liabilities: CCoP seeks more details

PSM liabilities: CCoP seeks more details

Cabinet Committee on Privatisation (CCoP) has reportedly sought further details of Pakistan Steel Mills (PSM) liabilities prior to proceeding further with sell off/ leasing plan, well-informed sources told Business Recorder.
Published 06 Feb, 2017 12:00am
PSM liabilities: CCoP seeks more details

PSM liabilities: CCoP seeks more details

Cabinet Committee on Privatisation (CCoP) has reportedly sought further details of Pakistan Steel Mills (PSM) liabilities prior to proceeding further with sell off/ leasing plan, well-informed sources told Business Recorder.
Published 06 Feb, 2017 12:00am
PSM liabilities: CCoP seeks more details

PSM liabilities: CCoP seeks more details

Cabinet Committee on Privatisation (CCoP) has reportedly sought further details of Pakistan Steel Mills (PSM) liabilities prior to proceeding further with sell off/ leasing plan, well-informed sources told Business Recorder.
Published 06 Feb, 2017 12:00am
Pakistan thanks India after Kashmiri boy reunited with mother

Pakistan thanks India after Kashmiri boy reunited with mother

Pakistan has sent a rare message of thanks to India after a five-year-old boy who was taken to India by his father nearly a year ago was reunited with his Pakistani mother. Ifthikar Ahmed was handed over to Rohina Kiani by border officials in the town of
Published 06 Feb, 2017 12:00am
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