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Print - 2017-03-10
FIR registered against blasphemous Facebook pages' runners

FIR registered against blasphemous Facebook pages' runners

The city police on Thursday registered a first information report (FIR) against unidentified persons who are running Facebook pages such as Bhensa, Mochi and Roshni and spreading blasphemous material on it. Police have registered the FIR following the dir
Published 10 Mar, 2017 12:00am
PTA asked to block blasphemous contents

PTA asked to block blasphemous contents

Islamabad High Court (IHC) has directed Pakistan Telecommunication Authority (PTA) to block all the pages containing blasphemous contents on social media. The court also directed the secretary interior to forward all alleged blasphemous contents on social
Published 10 Mar, 2017 12:00am
Government will effectively block blasphemous contents

Government will effectively block blasphemous contents

The Interior Minister Chaudhary Nisar Ali Khan has said that the government will leave no stone unturned to effectively block blasphemous contents on the internet, especially on social media websites. "We will go to any extent even if we have to go to the
Published 10 Mar, 2017 12:00am
Senate body for 20 percent off on USC commodities year-long

Senate body for 20 percent off on USC commodities year-long

A meeting of the Senate Standing Committee on Less Developed Areas has suggested for providing at least 20 per cent subsidy to the people through the Utility Stores Corporation (USC) for the entire fiscal year, instead of confining this relief to the mont
Published 10 Mar, 2017 12:00am
Plea against PM's advisers: LHC adjourns proceedings

Plea against PM's advisers: LHC adjourns proceedings

The Lahore High Court on Thursday adjourned to March 16 the proceedings in a petition against advisors to Prime Minister for further arguments and observed that powers of foreign minister could not be exercised by an advisor. A citizen, Mahmood Akhtar Naq
Published 10 Mar, 2017 12:00am
Torkham border: vegetable, fruit merchants demand reopening

Torkham border: vegetable, fruit merchants demand reopening

Traders and merchants, dealing with businesses of vegetable and fruits have said that a larger number of trucks and trailers loaded with perishable food items stuck at Torkham border, which inflicted huge financial losses to them, and asked the government
Published 10 Mar, 2017 12:00am
PA accused of transferring documents of mines

PA accused of transferring documents of mines

Mine owner Zakir Hussain of Mohmand tribal region has blamed political administration (PA) of illegally transferring ownership documents of his chromites mine to another man from the same area and demanded of Khyber Pakhtunkhwa Governor Iqbal Zaffar Jhagr
Published 10 Mar, 2017 12:00am
Senate body seeks dissolution of PIA's BoDs

Senate body seeks dissolution of PIA's BoDs

A Senate's special committee has called for immediate dissolution of the board of directors (BoDs) of PIA, due to its inefficiency, and formation of new BoDs consisting civil aviation experts, financial/revenue wizards and human resource professionals. Th
Published 10 Mar, 2017 12:00am
PM's package for exporters

PM's package for exporters

This is apropos a Business Recorder news item "Senate panel terms PM's textile package 'excellent paper work'" carried by the newspaper yesterday. According to it, the Senate Standing Committee on Textile Industry and Textile Exporters has describe
Published 10 Mar, 2017 12:00am
Stuck between gangs and Trump, migrants halt in Mexico

Stuck between gangs and Trump, migrants halt in Mexico

When a gang threatened to kill Rocio, her husband and their two small children, they fled their native Honduras, hoping for asylum in the United States. Now they are stuck in Mexico, too scared to risk being deported from the United States under President
Published 10 Mar, 2017 12:00am
Another game changer

Another game changer

Founded in 1955 by Turkey, Pakistan, Iraq, Great Britain and Iran, the Baghdad Pact was a pro-Western defensive organisation meant primarily to prevent the expansion of the Soviet Union in the Middle East. The US which had husbanded the creation of this P
Published 10 Mar, 2017 12:00am
Sham democracy?

Sham democracy?

According to a press report, a division bench of Lahore High Court in its order of March 2, 2017 observed that sugar mills owned by the ruling family have brazenly flouted court orders and disregarded the ban imposed by the government on the establishment
Published 10 Mar, 2017 12:00am
KP ban on dowry

KP ban on dowry

The KP Assembly passed the "Khyber Pakhtunkhwa Dowry, Bridal Gifts and Marriage Functions Restriction Bill" on Thursday. Introduced by two female legislators on the private members day, the assembly carried the bill without much discussion with the result
Published 10 Mar, 2017 12:00am
Military courts again

Military courts again

The debate over dealing with terrorism cases seems far from over, despite the government's claims that its proposal for the revival of military courts enjoys consensus in parliament. The PPP on the one hand, whose support for the 23rd Constitutional Amend
Published 10 Mar, 2017 12:00am
Banking sector

Banking sector

The performance of banking industry in Pakistan continues to be sound. According to the Quarterly Performance Review of the Banking Sector for the quarter ended 31st December, 2016, gross advances to the private sector surged by Rs 410 billion or 10.6 per
Published 10 Mar, 2017 12:00am
NA passes bill to recognise, register marriages of Hindu families

NA passes bill to recognise, register marriages of Hindu families

The National Assembly on Wednesday passed 'The Hindu Marriage Bill, 2016' to recognise and register the marriages among Hindu families by local governments. The bill moved by Minister for Human Rights, Kamran Michael, provides for solemnisation of marriag
Published 10 Mar, 2017 12:00am
NA passes bill to recognise, register marriages of Hindu families

NA passes bill to recognise, register marriages of Hindu families

The National Assembly on Wednesday passed 'The Hindu Marriage Bill, 2016' to recognise and register the marriages among Hindu families by local governments. The bill moved by Minister for Human Rights, Kamran Michael, provides for solemnisation of marriag
Published 10 Mar, 2017 12:00am
Hajj 2017: PM directs to further improve arrangements

Hajj 2017: PM directs to further improve arrangements

Prime Minister Nawaz Sharif on Thursday directed the Ministry of Religious Affairs and Interfaith Harmony to further improve the arrangements for Hajj 2017. This was stated by the PM during a detailed briefing given to him regarding arrangements for Hajj
Published 10 Mar, 2017 12:00am
Hajj 2017: PM directs to further improve arrangements

Hajj 2017: PM directs to further improve arrangements

Prime Minister Nawaz Sharif on Thursday directed the Ministry of Religious Affairs and Interfaith Harmony to further improve the arrangements for Hajj 2017. This was stated by the PM during a detailed briefing given to him regarding arrangements for Hajj
Published 10 Mar, 2017 12:00am
CDWP approves 17 projects worth Rs 99.4 billion

CDWP approves 17 projects worth Rs 99.4 billion

Central Development Working Party (CDWP) approved 17 projects at the cost of Rs 99.4 billion, including five projects at the cost of Rs 93 billion, which were referred to the Executive Committee of the National Economic Council (ECNEC). The CDWP approved
Published 10 Mar, 2017 12:00am
CDWP approves 17 projects worth Rs 99.4 billion

CDWP approves 17 projects worth Rs 99.4 billion

Central Development Working Party (CDWP) approved 17 projects at the cost of Rs 99.4 billion, including five projects at the cost of Rs 93 billion, which were referred to the Executive Committee of the National Economic Council (ECNEC). The CDWP approved
Published 10 Mar, 2017 12:00am
CDWP approves 17 projects worth Rs 99.4 billion

CDWP approves 17 projects worth Rs 99.4 billion

Central Development Working Party (CDWP) approved 17 projects at the cost of Rs 99.4 billion, including five projects at the cost of Rs 93 billion, which were referred to the Executive Committee of the National Economic Council (ECNEC). The CDWP approved
Published 10 Mar, 2017 12:00am
Tempers flare, voices rise

Tempers flare, voices rise

A scuffle broke out between Mian Javed Latif of Pakistan Muslim League-Nawaz (PML-N) and Murad Saeed of Pakistan Tehreek-e-Insaf (PTI) on Thursday in the Parliament's lobby. Earlier, while speaking on the floor of the National Assembly, Mian Javed Latif d
Published 10 Mar, 2017 12:00am
The Weather

The Weather

The weather report on Thursday (March 09, 2017) and the forecast for Friday (March 10, 2017).

Published 10 Mar, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (March 09, 2017).

Published 10 Mar, 2017 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 10 Mar, 2017 12:00am
BRIndex30 loses 624.56 points

BRIndex30 loses 624.56 points

On Thursday, BRIndex30 opened at 28,593.41 points. It touched an intraday high of 28,672.94 points and an intraday low of 27,833.86 points and closed at 27,968.85 points which was -624.56 points or -2.18 percent lower than previous close. Total volume was
Published 10 Mar, 2017 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 10 Mar, 2017 12:00am
BRIndex30 loses 624.56 points

BRIndex30 loses 624.56 points

On Thursday, BRIndex30 opened at 28,593.41 points. It touched an intraday high of 28,672.94 points and an intraday low of 27,833.86 points and closed at 27,968.85 points which was -624.56 points or -2.18 percent lower than previous close. Total volume was
Published 10 Mar, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (March 09, 2017).

Published 10 Mar, 2017 12:00am
PSX closes in the red

PSX closes in the red

Despite foreign buying, Pakistan Stock Exchange (PSX) Thursday remained under heavy selling pressure due to investor concerns on various issues. The benchmark KSE-100 index declined by 362.28 points to close at 49,392.44 points. Foreign investors emerged
Published 10 Mar, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (March 09, 2017)

Published 10 Mar, 2017 12:00am
PSX closes in the red

PSX closes in the red

Despite foreign buying, Pakistan Stock Exchange (PSX) Thursday remained under heavy selling pressure due to investor concerns on various issues. The benchmark KSE-100 index declined by 362.28 points to close at 49,392.44 points. Foreign investors emerged
Published 10 Mar, 2017 12:00am
PSX closes in the red

PSX closes in the red

Despite foreign buying, Pakistan Stock Exchange (PSX) Thursday remained under heavy selling pressure due to investor concerns on various issues. The benchmark KSE-100 index declined by 362.28 points to close at 49,392.44 points. Foreign investors emerged
Published 10 Mar, 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 Thursday (March 09, 2017).

Published 10 Mar, 2017 12:00am
US lawmakers debate Obamacare replacement for more than 24 hours
Cotton

US lawmakers debate Obamacare replacement for more than 24 hours

A US congressional panel surpassed 24 straight hours of debate Thursday on Republican plans to kill Obamacare, highlighting deep divisions over the proposed health reforms. Lawmakers from Republican President Donald Trump's party hold a majority in both c
Published 10 Mar, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 09, 2017).

Published 10 Mar, 2017 12:00am
US lawmakers debate Obamacare replacement for more than 24 hours
Cotton

US lawmakers debate Obamacare replacement for more than 24 hours

A US congressional panel surpassed 24 straight hours of debate Thursday on Republican plans to kill Obamacare, highlighting deep divisions over the proposed health reforms. Lawmakers from Republican President Donald Trump's party hold a majority in both c
Published 10 Mar, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (March 09, 2017).

Published 10 Mar, 2017 12:00am
THE RUPEE: no major change
Currency

THE RUPEE: no major change

Firmness prevailed on the money market on Thursday as the rupee did not move sharply in terms of dollar, dealers said. The rupee was almost unchanged versus the dollar for buying and selling at Rs 104.84 and Rs 104.85 respectively, they said.
Published 10 Mar, 2017 12:00am
ECB holds key interest rates at record lows
Currency

ECB holds key interest rates at record lows

The European Central Bank left interest rates at historic lows and mass bond-buying plans unchanged Thursday, leaving observers to search for hints from president Mario Draghi on when it will wind down the flood of cash. The ECB''s governing council - mad
Published 10 Mar, 2017 12:00am
THE RUPEE: no major change
Currency

THE RUPEE: no major change

Firmness prevailed on the money market on Thursday as the rupee did not move sharply in terms of dollar, dealers said. The rupee was almost unchanged versus the dollar for buying and selling at Rs 104.84 and Rs 104.85 respectively, they said.
Published 10 Mar, 2017 12:00am
ECB holds key interest rates at record lows
Currency

ECB holds key interest rates at record lows

The European Central Bank left interest rates at historic lows and mass bond-buying plans unchanged Thursday, leaving observers to search for hints from president Mario Draghi on when it will wind down the flood of cash. The ECB's governing council - made
Published 10 Mar, 2017 12:00am
ECB holds key interest rates at record lows
Currency

ECB holds key interest rates at record lows

The European Central Bank left interest rates at historic lows and mass bond-buying plans unchanged Thursday, leaving observers to search for hints from president Mario Draghi on when it will wind down the flood of cash. The ECB's governing council - made
Published 10 Mar, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (March 09, 2017).

Published 10 Mar, 2017 12:00am
Military courts: PPPP disagrees with government's proposals

Military courts: PPPP disagrees with government's proposals

The spok-esman of the Pakistan People's Party Parliament-arians said today (Thursday) that his party does not agree with the legislative proposals prepared by the government for the revival of military courts. Rejecting the government's claim that the PPP
Published 10 Mar, 2017 12:00am
Military courts: PPPP disagrees with government's proposals

Military courts: PPPP disagrees with government's proposals

The spok-esman of the Pakistan People's Party Parliament-arians said today (Thursday) that his party does not agree with the legislative proposals prepared by the government for the revival of military courts. Rejecting the government's claim that the PPP
Published 10 Mar, 2017 12:00am
FO criticises India's hegemonic ambitions

FO criticises India's hegemonic ambitions

Foreign Office on Thursday described the nuclearisation of the Indian Ocean and testing of inter-continental ballistic missiles (ICBMs) with a range of 5,000 kilometres by India as a source of concern for regional countries and beyond. During his weekly m
Published 10 Mar, 2017 12:00am
FO criticises India's hegemonic ambitions

FO criticises India's hegemonic ambitions

Foreign Office on Thursday described the nuclearisation of the Indian Ocean and testing of inter-continental ballistic missiles (ICBMs) with a range of 5,000 kilometres by India as a source of concern for regional countries and beyond. During his weekly m
Published 10 Mar, 2017 12:00am
National Action Plan: Army concerned at slow pace of implementation

National Action Plan: Army concerned at slow pace of implementation

The corps commanders have stressed that implementation of the National Action Plan (NAP) needs to be expedited-jointly by relevant stake-holders for a lasting peace and stability in the country. A Corps Commanders Meeting was held under it chairmanship of
Published 10 Mar, 2017 12:00am
National Action Plan: Army concerned at slow pace of implementation

National Action Plan: Army concerned at slow pace of implementation

The corps commanders have stressed that implementation of the National Action Plan (NAP) needs to be expedited-jointly by relevant stake-holders for a lasting peace and stability in the country. A Corps Commanders Meeting was held under it chairmanship of
Published 10 Mar, 2017 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 10 Mar, 2017 12:00am
Construction work on 15 CPEC projects initiated: PAC informed

Construction work on 15 CPEC projects initiated: PAC informed

The construction work on 15 projects of total 19 power projects has been initiated, of which 12 projects will be completed by the end of 2018 under China-Pakistan Economic Corridor (CPEC). Secretary Ministry of Water and Power, Muhammad Younas Dagha on Th
Published 10 Mar, 2017 12:00am
Construction work on 15 CPEC projects initiated: PAC informed

Construction work on 15 CPEC projects initiated: PAC informed

The construction work on 15 projects of total 19 power projects has been initiated, of which 12 projects will be completed by the end of 2018 under China-Pakistan Economic Corridor (CPEC). Secretary Ministry of Water and Power, Muhammad Younas Dagha on Th
Published 10 Mar, 2017 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 10 Mar, 2017 12:00am
Construction work on 15 CPEC projects initiated: PAC informed

Construction work on 15 CPEC projects initiated: PAC informed

The construction work on 15 projects of total 19 power projects has been initiated, of which 12 projects will be completed by the end of 2018 under China-Pakistan Economic Corridor (CPEC). Secretary Ministry of Water and Power, Muhammad Younas Dagha on Th
Published 10 Mar, 2017 12:00am
Construction work on 15 CPEC projects initiated: PAC informed

Construction work on 15 CPEC projects initiated: PAC informed

The construction work on 15 projects of total 19 power projects has been initiated, of which 12 projects will be completed by the end of 2018 under China-Pakistan Economic Corridor (CPEC). Secretary Ministry of Water and Power, Muhammad Younas Dagha on Th
Published 10 Mar, 2017 12:00am
CSF inflows push up forex reserves to $22 billion

CSF inflows push up forex reserves to $22 billion

With the arrival of the much-awaited Coalition Support Fund (CSF) inflows, the country''''s foreign exchange reserves again crossed $22 billion mark at the end of last week. The State Bank of Pakistan (SBP) in its weekly foreign exchange reserves report,
Published 10 Mar, 2017 12:00am
CSF inflows push up forex reserves to $22 billion

CSF inflows push up forex reserves to $22 billion

With the arrival of the much-awaited Coalition Support Fund (CSF) inflows, the country''s foreign exchange reserves again crossed $22 billion mark at the end of last week. The State Bank of Pakistan (SBP) in its weekly foreign exchange reserves report, is
Published 10 Mar, 2017 12:00am
CSF inflows push up forex reserves to $22 billion

CSF inflows push up forex reserves to $22 billion

With the arrival of the much-awaited Coalition Support Fund (CSF) inflows, the country's foreign exchange reserves again crossed $22 billion mark at the end of last week. The State Bank of Pakistan (SBP) in its weekly foreign exchange reserves report, iss
Published 10 Mar, 2017 12:00am
CSF inflows push up forex reserves to $22 billion

CSF inflows push up forex reserves to $22 billion

With the arrival of the much-awaited Coalition Support Fund (CSF) inflows, the country's foreign exchange reserves again crossed $22 billion mark at the end of last week. The State Bank of Pakistan (SBP) in its weekly foreign exchange reserves report, iss
Published 10 Mar, 2017 12:00am
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