News Archives for Print - 2017-03-08 - Business Recorder

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Print - 2017-03-08

Insurance, reinsurance, takaful companies: SECP approves list of auditors, CA firms

Insurance, reinsurance, takaful companies: SECP approves list of auditors, CA firms

The Securities and Exchange Commission of Pakistan (SECP) Tuesday approved a list of 19 auditors/chartered accountant firms, which would be entitled to conduct statutory audit of all insurance/reinsurance / takaful companies for the year ending 2016 and o

Published 08 Mar, 2017 12:00am

Turkey, Russia and US military chiefs seek better coordination against IS

Turkey, Russia and US military chiefs seek better coordination against IS

The top generals of the Turkish, Russian and US military met Tuesday in a bid to step up coordination in Syria and avoid clashes between rival forces in the fight against Islamic State (IS) jihadists.

Published 08 Mar, 2017 12:00am

Dollar rises in New York

Currency

Dollar rises in New York

The dollar rose on Monday, booking gains against the euro after a former French prime minister ruled out standing in the country's presidential elections, a development seen as likely boosting the chances of anti-European Union candidate Marine Le Pen. Al

Published 08 Mar, 2017 12:00am

Blasphemous material carried by social media: interior minister asked to appear before court

Blasphemous material carried by social media: interior minister asked to appear before court

The Islamabad High Court on Tuesday issued directives to Federal Interior Minister Chaudhry Nisar Ali Khan to appear before the court in response to a plea seeking removal and blocking of pages containing blasphemous words, sketches and videos form the so

Published 08 Mar, 2017 12:00am

Facebook wins case against refugee in Merkel selfie

Facebook wins case against refugee in Merkel selfie

Facebook clinched victory Tuesday in a German court case brought by a Syrian refugee whose selfie with Chancellor Angela Merkel had made him the target of racist trolls. The court ruled that the US social media giant was not obliged to actively search out

Published 08 Mar, 2017 12:00am

Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 79.49-79.49 (previous 79.46-79.49).

Published 08 Mar, 2017 12:00am

Nawaz wants to enhance ties with Kuwait

Nawaz wants to enhance ties with Kuwait

Prime Minister Muhammad Nawaz Sharif on Tuesday said Pakistan and Kuwait had been economic and trade partners for long and Pakistan wished to further enhance its relations with Kuwait in all spheres.

Published 08 Mar, 2017 12:00am

Iran rejects US moves to seize 9/11 compensation money

Iran rejects US moves to seize 9/11 compensation money

Iran said Tuesday it was "completely unfair" for US lawyers to try to seize its overseas assets as compensation for the victims of the September 11, 2001 attacks. In 2012, a New York judge ordered Iran to pay $7 billion in damages to the families and esta

Published 08 Mar, 2017 12:00am

Sri Lankan rupee steadies

Currency

Sri Lankan rupee steadies

The Sri Lankan rupee ended steady in thin trade on Tuesday as mild importer dollar demand offset sales of the greenback by exporters while traders awaited cues on foreign selling in bonds, dealers said. Rupee forwards were active, with two-week forwards e

Published 08 Mar, 2017 12:00am

Punjab government, reap to revamp agro-research

Punjab government, reap to revamp agro-research

The Punjab government and the Rice Exporters Association of Pakistan decided today (Tuesday) to revamp the agricultural research system in the province for development of rice varieties which are commercially more viable.

Published 08 Mar, 2017 12:00am

Iraqi forces retake government Headquarters, museum in Mosul

Iraqi forces retake government Headquarters, museum in Mosul

Iraqi forces said Tuesday they had seized the main government offices in Mosul and its famed museum as they made steady progress in their battle to retake the city's west from jihadists.

Published 08 Mar, 2017 12:00am

Most Asian currencies edge up

Most Asian currencies edge up

Most emerging Asian currencies edged higher on Tuesday, as the dollar's rally lost steam after the market priced in the high likelihood of a US Federal Reserve interest rate hike next week. With a hike already factored in, the dollar needed fresh catalyst

Published 08 Mar, 2017 12:00am

Chinese envoy meets Zardari

Chinese envoy meets Zardari

The Chinese Ambassador to Pakistan H.E. Sun Weidong called on Former President of Pakistan and President Pakistan Peoples Party Parliamentarians Asif Ali Zardari at Zardari House Islamabad on Tuesday.

Published 08 Mar, 2017 12:00am

Cyclone Enawo batters Madagascar, threatens capital

Cyclone Enawo batters Madagascar, threatens capital

Tropical cyclone Enawo struck Madagascar on Tuesday, buffeting the island with powerful winds, heavy rain and high seas and threatening to cause chaos in the capital, the country's weather agency said. No reports of injuries or damage were reported six ho

Published 08 Mar, 2017 12:00am

Yuan slips

Yuan slips

China's yuan slipped past the key 6.9-per-dollar level on Tuesday, after the central bank guided its official yuan midpoint to its weakest since mid-January. The People's Bank of China fixed the yuan midpoint rate at 6.8957 per dollar prior to market open

Published 08 Mar, 2017 12:00am

Election laws: Imran's statement amounts to influencing ECP: official

Election laws: Imran's statement amounts to influencing ECP: official

Additional Secretary Election Commission of Pakistan Fida Muhammad has said that legislation of election laws is not the mandate of ECP and Pakistan Tehreek-e-Insaf's (PTI) statement in this regard will influence the commission.

Published 08 Mar, 2017 12:00am

Afghanistan launches centre to protect women journalists

Afghanistan launches centre to protect women journalists

Reporters Without Borders on Tuesday launched a centre to protect women journalists in Afghanistan, the second most dangerous in the country for the profession after Syria. The centre will aim to lobby the government for better working conditions and righ

Published 08 Mar, 2017 12:00am

Sterling hits seven-week low

Currency

Sterling hits seven-week low

Sterling fell to seven-week lows on Tuesday after weak consumer spending data added to worries Britain's economy is slowing as it prepares to trigger divorce talks with the European Union. In the few months that followed Britain's vote to leave the EU las

Published 08 Mar, 2017 12:00am

Peshawar Zalmi to perform Umrah

Peshawar Zalmi to perform Umrah

Owner of Peshawar Zalmi Javed Afridi has announced to take the whole team to perform 'Umrah' after winning the second edition of Pakistan Super League (PSL) to thank Allah.

Published 08 Mar, 2017 12:00am

German opera singer Kurt Moll dies

German opera singer Kurt Moll dies

German opera singer Kurt Moll, whose deep bass voice and interpretations of Mozart, Wagner and Strauss won him admirers worldwide, has died aged 78, the Bavarian State Opera announced. Moll died on Sunday "after a long and serious illness," it said, witho

Published 08 Mar, 2017 12:00am

Aussie up, kiwi on defensive

Aussie up, kiwi on defensive

The Australian dollar inched higher on Tuesday after the country's central bank kept interest rates unchanged and showed no hint of considering another easing, underlining the outlook for steady policy. The Aussie was 0.3 percent firmer on the day at $0.7

Published 08 Mar, 2017 12:00am

Operation Radd-ul-Fassad will continue: Prime Minister

Operation Radd-ul-Fassad will continue: Prime Minister

Prime Minister Nawaz Sharif on Tuesday reiterated that operation Radd-ul-Fassad will continue until our homeland is cleared from the scourge of terrorism. He said this in a message of condolences over the martyrdom of Captain Junaid and Sipahi Amjad, who

Published 08 Mar, 2017 12:00am

Uzbek leader unveils statue of predecessor

Uzbek leader unveils statue of predecessor

Uzbekistan's President Shavkat Mirziyoyev on Tuesday unveiled a statue of his feared predecessor during his first official trip abroad to neighbouring Turkmenistan.

Published 08 Mar, 2017 12:00am

May braces for second defeat over Brexit bill

May braces for second defeat over Brexit bill

British Prime Minister Theresa May is facing a second defeat in the House of Lords on whether to give parliament the final say on leaving the EU but her timetable for triggering Brexit by the end of the month remains on track.

Published 08 Mar, 2017 12:00am

Electoral process: 'ECP stands firm to ensure women's equal participation'

Electoral process: 'ECP stands firm to ensure women's equal participation'

Chief Election Commissioner (CEC) Sardar Muhammad Raza said on Tuesday that Election Commission of Pakistan stands firm to ensure equal participation of women in electoral activities.

Published 08 Mar, 2017 12:00am

Hungary to detain all asylum-seekers

Hungary to detain all asylum-seekers

Hungary's parliament approved Tuesday the systematic detention of all asylum-seekers in container camps, in a move that Prime Minister Viktor Orban said will make all of Europe safer from terror attacks. Calling immigration the "Trojan Horse of terrorism"

Published 08 Mar, 2017 12:00am

WikiLeaks exposes alleged CIA hacking program

WikiLeaks exposes alleged CIA hacking program

The CIA can turn your TV into a listening device, bypass popular encryption apps, and possibly control your car, according to a trove of documents published by WikiLeaks Tuesday which it said came from the US spy agency.

Published 08 Mar, 2017 12:00am

Millennium Development Goals: Centre, provinces spent Rs 4.842 trillion since 2012

Millennium Development Goals: Centre, provinces spent Rs 4.842 trillion since 2012

The Senate was informed on Tuesday that the federal and provincial governments have spent Rs4.842 trillion since 2012 to achieve millennium development goals (MDGs) by improving water supply, education, health, sanitation, social welfare and population pl

Published 08 Mar, 2017 12:00am

Tycoon gave France's Fillon undeclared 50,000 euro loan: report

Tycoon gave France's Fillon undeclared 50,000 euro loan: report

Embattled French presidential hopeful Francois Fillon received an interest-free, undeclared loan of 50,000 euros ($53,000) from a billionaire friend in 2013, according to the Canard Enchaine weekly. The conservative candidate "did not deem it necessary" t

Published 08 Mar, 2017 12:00am

Turkey, Russia and US military chiefs seek better coordination against IS

Turkey, Russia and US military chiefs seek better coordination against IS

The top generals of the Turkish, Russian and US military met Tuesday in a bid to step up coordination in Syria and avoid clashes between rival forces in the fight against Islamic State (IS) jihadists.

Published 08 Mar, 2017 12:00am

11 bills introduced in National Assembly: government urged to revisit foreign policy, check unemployment

11 bills introduced in National Assembly: government urged to revisit foreign policy, check unemployment

Members of the opposition parties in the National Assembly on Tuesday urged the government to revisit its foreign policy and strengthen bilateral relations with neighboring countries, including Afghanistan, India and Iran.

Published 08 Mar, 2017 12:00am

North Korea says missiles were drill for strike on US bases

North Korea says missiles were drill for strike on US bases

Nuclear-armed North Korea said Tuesday its missile launches were training for a strike on US bases in Japan, as global condemnation of the regime swelled. Three of the four missiles fired Monday came down provocatively close to US ally Japan, in waters th

Published 08 Mar, 2017 12:00am

Facebook wins case against refugee in Merkel selfie

Facebook wins case against refugee in Merkel selfie

Facebook clinched victory Tuesday in a German court case brought by a Syrian refugee whose selfie with Chancellor Angela Merkel had made him the target of racist trolls. The court ruled that the US social media giant was not obliged to actively search out

Published 08 Mar, 2017 12:00am

Unfit vehicles causing accidents

Unfit vehicles causing accidents

Mechanically, unfit vehicles are cause traffic hurdles, serious accidents & loss of precious lives. Motorway Police Central Zone has launched enforcement and education campaign against mechanical unfit vehicles on to national highway.

Published 08 Mar, 2017 12:00am

Insurance, reinsurance, takaful companies: SECP approves list of auditors, CA firms

Insurance, reinsurance, takaful companies: SECP approves list of auditors, CA firms

The Securities and Exchange Commission of Pakistan (SECP) Tuesday approved a list of 19 auditors/chartered accountant firms, which would be entitled to conduct statutory audit of all insurance/reinsurance / takaful companies for the year ending 2016 and o

Published 08 Mar, 2017 12:00am

Iran rejects US moves to seize 9/11 compensation money

Iran rejects US moves to seize 9/11 compensation money

Iran said Tuesday it was "completely unfair" for US lawyers to try to seize its overseas assets as compensation for the victims of the September 11, 2001 attacks. In 2012, a New York judge ordered Iran to pay $7 billion in damages to the families and esta

Published 08 Mar, 2017 12:00am

International Women's Day: Zardari for national women empowerment plan

International Women's Day: Zardari for national women empowerment plan

On the eve of International Women Day being celebrated today, former President Asif Ali Zardari has called for devising a National Women Empowerment Plan as well as strengthening the National Commission on the Status of Women (NCSW) for the emancipation o

Published 08 Mar, 2017 12:00am

Blasphemous material carried by social media: interior minister asked to appear before court

Blasphemous material carried by social media: interior minister asked to appear before court

The Islamabad High Court on Tuesday issued directives to Federal Interior Minister Chaudhry Nisar Ali Khan to appear before the court in response to a plea seeking removal and blocking of pages containing blasphemous words, sketches and videos form the so

Published 08 Mar, 2017 12:00am

Iraqi forces retake government Headquarters, museum in Mosul

Iraqi forces retake government Headquarters, museum in Mosul

Iraqi forces said Tuesday they had seized the main government offices in Mosul and its famed museum as they made steady progress in their battle to retake the city's west from jihadists.

Published 08 Mar, 2017 12:00am

2,100 Iran fighters killed in Iraq, Syria

2,100 Iran fighters killed in Iraq, Syria

More than 2,000 fighters sent from Iran have been killed in Iraq and Syria, the head of Iran's veterans' affairs office said Tuesday.

Published 08 Mar, 2017 12:00am

Nawaz wants to enhance ties with Kuwait

Nawaz wants to enhance ties with Kuwait

Prime Minister Muhammad Nawaz Sharif on Tuesday said Pakistan and Kuwait had been economic and trade partners for long and Pakistan wished to further enhance its relations with Kuwait in all spheres.

Published 08 Mar, 2017 12:00am

Cyclone Enawo batters Madagascar, threatens capital

Cyclone Enawo batters Madagascar, threatens capital

Tropical cyclone Enawo struck Madagascar on Tuesday, buffeting the island with powerful winds, heavy rain and high seas and threatening to cause chaos in the capital, the country's weather agency said. No reports of injuries or damage were reported six ho

Published 08 Mar, 2017 12:00am

2,100 Iran fighters killed in Iraq, Syria

2,100 Iran fighters killed in Iraq, Syria

More than 2,000 fighters sent from Iran have been killed in Iraq and Syria, the head of Iran's veterans' affairs office said Tuesday.

Published 08 Mar, 2017 12:00am

Punjab government, reap to revamp agro-research

Punjab government, reap to revamp agro-research

The Punjab government and the Rice Exporters Association of Pakistan decided today (Tuesday) to revamp the agricultural research system in the province for development of rice varieties which are commercially more viable.

Published 08 Mar, 2017 12:00am

Afghanistan launches centre to protect women journalists

Afghanistan launches centre to protect women journalists

Reporters Without Borders on Tuesday launched a centre to protect women journalists in Afghanistan, the second most dangerous in the country for the profession after Syria. The centre will aim to lobby the government for better working conditions and righ

Published 08 Mar, 2017 12:00am

Pietersen clarifies his position

Pietersen clarifies his position

Former British cricketer and a member of the Quetta Gladiators' team Kevin Pietersen has dismissed reports that he decided not to play in the Pakistan Super League (PSL) final in Lahore following Imran Khan's statement that it was not a sensible decision.

Published 08 Mar, 2017 12:00am

Chinese envoy meets Zardari

Chinese envoy meets Zardari

The Chinese Ambassador to Pakistan H.E. Sun Weidong called on Former President of Pakistan and President Pakistan Peoples Party Parliamentarians Asif Ali Zardari at Zardari House Islamabad on Tuesday.

Published 08 Mar, 2017 12:00am

German opera singer Kurt Moll dies

German opera singer Kurt Moll dies

German opera singer Kurt Moll, whose deep bass voice and interpretations of Mozart, Wagner and Strauss won him admirers worldwide, has died aged 78, the Bavarian State Opera announced. Moll died on Sunday "after a long and serious illness," it said, witho

Published 08 Mar, 2017 12:00am

Pietersen clarifies his position

Pietersen clarifies his position

Former British cricketer and a member of the Quetta Gladiators' team Kevin Pietersen has dismissed reports that he decided not to play in the Pakistan Super League (PSL) final in Lahore following Imran Khan's statement that it was not a sensible decision.

Published 08 Mar, 2017 12:00am

Election laws: Imran's statement amounts to influencing ECP: official

Election laws: Imran's statement amounts to influencing ECP: official

Additional Secretary Election Commission of Pakistan Fida Muhammad has said that legislation of election laws is not the mandate of ECP and Pakistan Tehreek-e-Insaf's (PTI) statement in this regard will influence the commission.

Published 08 Mar, 2017 12:00am

Uzbek leader unveils statue of predecessor

Uzbek leader unveils statue of predecessor

Uzbekistan's President Shavkat Mirziyoyev on Tuesday unveiled a statue of his feared predecessor during his first official trip abroad to neighbouring Turkmenistan.

Published 08 Mar, 2017 12:00am

Imran causes considerable controversy

Imran causes considerable controversy

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan has created another controversy as he was filmed telling aides the foreign players who took part in the Pakistan Super League (PSL) final were 'phateechar' (roughly, low-class).

Published 08 Mar, 2017 12:00am

Peshawar Zalmi to perform Umrah

Peshawar Zalmi to perform Umrah

Owner of Peshawar Zalmi Javed Afridi has announced to take the whole team to perform 'Umrah' after winning the second edition of Pakistan Super League (PSL) to thank Allah.

Published 08 Mar, 2017 12:00am

Hungary to detain all asylum-seekers

Hungary to detain all asylum-seekers

Hungary's parliament approved Tuesday the systematic detention of all asylum-seekers in container camps, in a move that Prime Minister Viktor Orban said will make all of Europe safer from terror attacks. Calling immigration the "Trojan Horse of terrorism"

Published 08 Mar, 2017 12:00am

Imran causes considerable controversy

Imran causes considerable controversy

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan has created another controversy as he was filmed telling aides the foreign players who took part in the Pakistan Super League (PSL) final were 'phateechar' (roughly, low-class).

Published 08 Mar, 2017 12:00am

Operation Radd-ul-Fassad will continue: Prime Minister

Operation Radd-ul-Fassad will continue: Prime Minister

Prime Minister Nawaz Sharif on Tuesday reiterated that operation Radd-ul-Fassad will continue until our homeland is cleared from the scourge of terrorism. He said this in a message of condolences over the martyrdom of Captain Junaid and Sipahi Amjad, who

Published 08 Mar, 2017 12:00am

Tycoon gave France's Fillon undeclared 50,000 euro loan: report

Tycoon gave France's Fillon undeclared 50,000 euro loan: report

Embattled French presidential hopeful Francois Fillon received an interest-free, undeclared loan of 50,000 euros ($53,000) from a billionaire friend in 2013, according to the Canard Enchaine weekly. The conservative candidate "did not deem it necessary" t

Published 08 Mar, 2017 12:00am

Plaintiff allowed to file appeal

Plaintiff allowed to file appeal

Declaring its previous order pertaining to Site Limited Association's elections inoperative, Sindh High Court (SHC) on Monday allowed a plaintiff to file an appeal within three days.

Published 08 Mar, 2017 12:00am

Electoral process: 'ECP stands firm to ensure women's equal participation'

Electoral process: 'ECP stands firm to ensure women's equal participation'

Chief Election Commissioner (CEC) Sardar Muhammad Raza said on Tuesday that Election Commission of Pakistan stands firm to ensure equal participation of women in electoral activities.

Published 08 Mar, 2017 12:00am

North Korea says missiles were drill for strike on US bases

North Korea says missiles were drill for strike on US bases

Nuclear-armed North Korea said Tuesday its missile launches were training for a strike on US bases in Japan, as global condemnation of the regime swelled. Three of the four missiles fired Monday came down provocatively close to US ally Japan, in waters th

Published 08 Mar, 2017 12:00am

Plaintiff allowed to file appeal

Plaintiff allowed to file appeal

Declaring its previous order pertaining to Site Limited Association's elections inoperative, Sindh High Court (SHC) on Monday allowed a plaintiff to file an appeal within three days.

Published 08 Mar, 2017 12:00am

Millennium Development Goals: Centre, provinces spent Rs 4.842 trillion since 2012

Millennium Development Goals: Centre, provinces spent Rs 4.842 trillion since 2012

The Senate was informed on Tuesday that the federal and provincial governments have spent Rs4.842 trillion since 2012 to achieve millennium development goals (MDGs) by improving water supply, education, health, sanitation, social welfare and population pl

Published 08 Mar, 2017 12:00am

Insurance, reinsurance, takaful companies: SECP approves list of auditors, CA firms

Insurance, reinsurance, takaful companies: SECP approves list of auditors, CA firms

The Securities and Exchange Commission of Pakistan (SECP) Tuesday approved a list of 19 auditors/chartered accountant firms, which would be entitled to conduct statutory audit of all insurance/reinsurance / takaful companies for the year ending 2016 and o

Published 08 Mar, 2017 12:00am

Price manipulation: SECP files criminal case against individual

Price manipulation: SECP files criminal case against individual

The Securities and Exchange Commission of Pakistan (SECP) Tuesday filed a criminal complaint against a person who manipulated the price of shares of Gauher Engineering Limited (now Drekkar Kingsway Limited). As a result of an investigation, it emerged tha

Published 08 Mar, 2017 12:00am

11 bills introduced in National Assembly: government urged to revisit foreign policy, check unemployment

11 bills introduced in National Assembly: government urged to revisit foreign policy, check unemployment

Members of the opposition parties in the National Assembly on Tuesday urged the government to revisit its foreign policy and strengthen bilateral relations with neighboring countries, including Afghanistan, India and Iran.

Published 08 Mar, 2017 12:00am

Blasphemous material carried by social media: interior minister asked to appear before court

Blasphemous material carried by social media: interior minister asked to appear before court

The Islamabad High Court on Tuesday issued directives to Federal Interior Minister Chaudhry Nisar Ali Khan to appear before the court in response to a plea seeking removal and blocking of pages containing blasphemous words, sketches and videos form the so

Published 08 Mar, 2017 12:00am

Price manipulation: SECP files criminal case against individual

Price manipulation: SECP files criminal case against individual

The Securities and Exchange Commission of Pakistan (SECP) Tuesday filed a criminal complaint against a person who manipulated the price of shares of Gauher Engineering Limited (now Drekkar Kingsway Limited). As a result of an investigation, it emerged tha

Published 08 Mar, 2017 12:00am

Unfit vehicles causing accidents

Unfit vehicles causing accidents

Mechanically, unfit vehicles are cause traffic hurdles, serious accidents & loss of precious lives. Motorway Police Central Zone has launched enforcement and education campaign against mechanical unfit vehicles on to national highway.

Published 08 Mar, 2017 12:00am

Nawaz wants to enhance ties with Kuwait

Nawaz wants to enhance ties with Kuwait

Prime Minister Muhammad Nawaz Sharif on Tuesday said Pakistan and Kuwait had been economic and trade partners for long and Pakistan wished to further enhance its relations with Kuwait in all spheres.

Published 08 Mar, 2017 12:00am

Lords defy May for a second time on Brexit

Lords defy May for a second time on Brexit

Prime Minister Theresa May suffered her second defeat in a week over Brexit Tuesday when the House of Lords voted to give parliament the final say on how Britain leaves the European Union. Peers voted by 366 to 268 to amend the bill empowering May to trig

Published 08 Mar, 2017 12:00am

International Women's Day: Zardari for national women empowerment plan

International Women's Day: Zardari for national women empowerment plan

On the eve of International Women Day being celebrated today, former President Asif Ali Zardari has called for devising a National Women Empowerment Plan as well as strengthening the National Commission on the Status of Women (NCSW) for the emancipation o

Published 08 Mar, 2017 12:00am

Punjab government, reap to revamp agro-research

Punjab government, reap to revamp agro-research

The Punjab government and the Rice Exporters Association of Pakistan decided today (Tuesday) to revamp the agricultural research system in the province for development of rice varieties which are commercially more viable.

Published 08 Mar, 2017 12:00am

Lords defy May for a second time on Brexit

Lords defy May for a second time on Brexit

Prime Minister Theresa May suffered her second defeat in a week over Brexit Tuesday when the House of Lords voted to give parliament the final say on how Britain leaves the European Union. Peers voted by 366 to 268 to amend the bill empowering May to trig

Published 08 Mar, 2017 12:00am

2,100 Iran fighters killed in Iraq, Syria

2,100 Iran fighters killed in Iraq, Syria

More than 2,000 fighters sent from Iran have been killed in Iraq and Syria, the head of Iran's veterans' affairs office said Tuesday.

Published 08 Mar, 2017 12:00am

Chinese envoy meets Zardari

Chinese envoy meets Zardari

The Chinese Ambassador to Pakistan H.E. Sun Weidong called on Former President of Pakistan and President Pakistan Peoples Party Parliamentarians Asif Ali Zardari at Zardari House Islamabad on Tuesday.

Published 08 Mar, 2017 12:00am

Tax reforms: FBR to put in place consistent framework

Tax reforms: FBR to put in place consistent framework

The Federal Board of Revenue (FBR), under the new reform programme, will put in place a consistent framework for tax policy and sector-oriented risk-based audit, implement IT strategy, harmonise federal and provincial tax systems, broaden the tax base to

Published 08 Mar, 2017 12:00am

2,100 Iran fighters killed in Iraq, Syria

2,100 Iran fighters killed in Iraq, Syria

More than 2,000 fighters sent from Iran have been killed in Iraq and Syria, the head of Iran's veterans' affairs office said Tuesday.

Published 08 Mar, 2017 12:00am

Election laws: Imran's statement amounts to influencing ECP: official

Election laws: Imran's statement amounts to influencing ECP: official

Additional Secretary Election Commission of Pakistan Fida Muhammad has said that legislation of election laws is not the mandate of ECP and Pakistan Tehreek-e-Insaf's (PTI) statement in this regard will influence the commission.

Published 08 Mar, 2017 12:00am

Former CJP Sajjad Ali Shah passes away

Former CJP Sajjad Ali Shah passes away

Former Chief Justice of Pakistan Sajjad Ali Shah passed away in Karachi, his family sources confirmed. The 84-year-old Sajjad Ali Shah had been suffering from health issues over the past few days. He was undergoing treatment at a private hospital in Karac

Published 08 Mar, 2017 12:00am

Pietersen clarifies his position

Pietersen clarifies his position

Former British cricketer and a member of the Quetta Gladiators' team Kevin Pietersen has dismissed reports that he decided not to play in the Pakistan Super League (PSL) final in Lahore following Imran Khan's statement that it was not a sensible decision.

Published 08 Mar, 2017 12:00am

Peshawar Zalmi to perform Umrah

Peshawar Zalmi to perform Umrah

Owner of Peshawar Zalmi Javed Afridi has announced to take the whole team to perform 'Umrah' after winning the second edition of Pakistan Super League (PSL) to thank Allah.

Published 08 Mar, 2017 12:00am

Former CJP Sajjad Ali Shah passes away

Former CJP Sajjad Ali Shah passes away

Former Chief Justice of Pakistan Sajjad Ali Shah passed away in Karachi, his family sources confirmed. The 84-year-old Sajjad Ali Shah had been suffering from health issues over the past few days. He was undergoing treatment at a private hospital in Karac

Published 08 Mar, 2017 12:00am

Pietersen clarifies his position

Pietersen clarifies his position

Former British cricketer and a member of the Quetta Gladiators' team Kevin Pietersen has dismissed reports that he decided not to play in the Pakistan Super League (PSL) final in Lahore following Imran Khan's statement that it was not a sensible decision.

Published 08 Mar, 2017 12:00am

Operation Radd-ul-Fassad will continue: Prime Minister

Operation Radd-ul-Fassad will continue: Prime Minister

Prime Minister Nawaz Sharif on Tuesday reiterated that operation Radd-ul-Fassad will continue until our homeland is cleared from the scourge of terrorism. He said this in a message of condolences over the martyrdom of Captain Junaid and Sipahi Amjad, who

Published 08 Mar, 2017 12:00am

Kuwait lifts visa ban on Pakistan after six years

Kuwait lifts visa ban on Pakistan after six years

Pakistanis can now apply for Kuwait's visa as the country has decided to lift its visa ban on Pakistan after six years. According to a news channel, the decision was made during the meeting between Prime Minister Nawaz Sharif and Kuwait Amir Sheikh Sabah

Published 08 Mar, 2017 12:00am

Imran causes considerable controversy

Imran causes considerable controversy

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan has created another controversy as he was filmed telling aides the foreign players who took part in the Pakistan Super League (PSL) final were 'phateechar' (roughly, low-class).

Published 08 Mar, 2017 12:00am

Electoral process: 'ECP stands firm to ensure women's equal participation'

Electoral process: 'ECP stands firm to ensure women's equal participation'

Chief Election Commissioner (CEC) Sardar Muhammad Raza said on Tuesday that Election Commission of Pakistan stands firm to ensure equal participation of women in electoral activities.

Published 08 Mar, 2017 12:00am

Kuwait lifts visa ban on Pakistan after six years

Kuwait lifts visa ban on Pakistan after six years

Pakistanis can now apply for Kuwait's visa as the country has decided to lift its visa ban on Pakistan after six years. According to a news channel, the decision was made during the meeting between Prime Minister Nawaz Sharif and Kuwait Amir Sheikh Sabah

Published 08 Mar, 2017 12:00am

Imran causes considerable controversy

Imran causes considerable controversy

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan has created another controversy as he was filmed telling aides the foreign players who took part in the Pakistan Super League (PSL) final were 'phateechar' (roughly, low-class).

Published 08 Mar, 2017 12:00am

Millennium Development Goals: Centre, provinces spent Rs 4.842 trillion since 2012

Millennium Development Goals: Centre, provinces spent Rs 4.842 trillion since 2012

The Senate was informed on Tuesday that the federal and provincial governments have spent Rs4.842 trillion since 2012 to achieve millennium development goals (MDGs) by improving water supply, education, health, sanitation, social welfare and population pl

Published 08 Mar, 2017 12:00am

900 million in Asia had to pay bribes in last year: report

900 million in Asia had to pay bribes in last year: report

More than a quarter of people living in Asia had to pay a bribe while trying to access a public service in the past year, a watchdog said Tuesday, calling on governments to root out endemic graft in the region.

Published 08 Mar, 2017 12:00am

Plaintiff allowed to file appeal

Plaintiff allowed to file appeal

Declaring its previous order pertaining to Site Limited Association's elections inoperative, Sindh High Court (SHC) on Monday allowed a plaintiff to file an appeal within three days.

Published 08 Mar, 2017 12:00am

11 bills introduced in National Assembly: government urged to revisit foreign policy, check unemployment

11 bills introduced in National Assembly: government urged to revisit foreign policy, check unemployment

Members of the opposition parties in the National Assembly on Tuesday urged the government to revisit its foreign policy and strengthen bilateral relations with neighboring countries, including Afghanistan, India and Iran.

Published 08 Mar, 2017 12:00am

900 million in Asia had to pay bribes in last year: report

900 million in Asia had to pay bribes in last year: report

More than a quarter of people living in Asia had to pay a bribe while trying to access a public service in the past year, a watchdog said Tuesday, calling on governments to root out endemic graft in the region.

Published 08 Mar, 2017 12:00am

Plaintiff allowed to file appeal

Plaintiff allowed to file appeal

Declaring its previous order pertaining to Site Limited Association's elections inoperative, Sindh High Court (SHC) on Monday allowed a plaintiff to file an appeal within three days.

Published 08 Mar, 2017 12:00am

Unfit vehicles causing accidents

Unfit vehicles causing accidents

Mechanically, unfit vehicles are cause traffic hurdles, serious accidents & loss of precious lives. Motorway Police Central Zone has launched enforcement and education campaign against mechanical unfit vehicles on to national highway.

Published 08 Mar, 2017 12:00am

Auto parts export to Vietnam begins

Auto parts export to Vietnam begins

The quality and technology of Pakistani auto parts has reached the global standards as first shipment of 500 fuel tanks of vehicles has been exported to Vietnam. Following the high standard quality of locally manufactured fuel tanks of vehicles, the Suzuk

Published 08 Mar, 2017 12:00am

Price manipulation: SECP files criminal case against individual

Price manipulation: SECP files criminal case against individual

The Securities and Exchange Commission of Pakistan (SECP) Tuesday filed a criminal complaint against a person who manipulated the price of shares of Gauher Engineering Limited (now Drekkar Kingsway Limited). As a result of an investigation, it emerged tha

Published 08 Mar, 2017 12:00am

International Women's Day: Zardari for national women empowerment plan

International Women's Day: Zardari for national women empowerment plan

On the eve of International Women Day being celebrated today, former President Asif Ali Zardari has called for devising a National Women Empowerment Plan as well as strengthening the National Commission on the Status of Women (NCSW) for the emancipation o

Published 08 Mar, 2017 12:00am

Auto parts export to Vietnam begins

Auto parts export to Vietnam begins

The quality and technology of Pakistani auto parts has reached the global standards as first shipment of 500 fuel tanks of vehicles has been exported to Vietnam. Following the high standard quality of locally manufactured fuel tanks of vehicles, the Suzuk

Published 08 Mar, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 16	277.93
USD PKR Interbank Buying / Oct 16	277.73
USD to Japanese Yen / Oct 16	149.30
USD to Swiss Franc / Oct 16	0.86
Pound Sterling to USD / Oct 16	1.31
Euro to USD / Oct 16	1.09

Stock	Volume
S&P 500 / Oct 15	5,815.26
Nasdaq / Oct 15	18,315.59
Dow Jones / Oct 15	42,740.42
India Sensex / Oct 16	81,711.88
Tokyo Nikkei / Oct 16	39,166.12
Hang Seng / Oct 16	20,380.75
FTSE 100 / Oct 16	8,315.68
Germany DAX 30 / Oct 16	19,442.06

Item	Value
Petrol/Litre / Oct 16	247.03
Crude Oil USD/Barrel / Oct 16	70.82
Karachi Cotton PKR/37.32 KG / Oct 16	18,085
Gold 10 Grams PKR / Oct 16	237,654
Gold Spot USD/Ounce / Oct 16	2,667.11
Diesel/Litre / Oct 16	246.29

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 16 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 16 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 16 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 16 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 16 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 16 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 16 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 16 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 16 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 16 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 16 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 16 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 16 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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