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Print - 2017-04-04
EU sees no future for Assad in Syria: foreign ministers

EU sees no future for Assad in Syria: foreign ministers

President Bashar al-Assad has no future in post-conflict Syria but his fate is ultimately up to the Syrian people, EU foreign ministers said Monday in response to an apparent shift in US policy. The United States and the European Union have consistently d
Published 04 Apr, 2017 12:00am
PTI barred from contesting by-polls

PTI barred from contesting by-polls

The Election Commission of Pakistan (ECP) Monday barred Pakistan Tehreek-e-Insaf (PTI) from contesting by-elections in at least four constituencies. The constituencies included Punjab's PP-23 Chakwal, Sindh's PS-81 Sanghar, PK-54, Mansehra, and PK-82, Koh
Published 04 Apr, 2017 12:00am
PTI barred from contesting by-polls

PTI barred from contesting by-polls

The Election Commission of Pakistan (ECP) Monday barred Pakistan Tehreek-e-Insaf (PTI) from contesting by-elections in at least four constituencies. The constituencies included Punjab's PP-23 Chakwal, Sindh's PS-81 Sanghar, PK-54, Mansehra, and PK-82, Koh
Published 04 Apr, 2017 12:00am
The Weather

The Weather

The weather report on Monday (April 03, 2017) and the forecast for Tuesday (April 04, 2017).

Published 04 Apr, 2017 12:00am
Singapore expels Indian Islamic teacher

Singapore expels Indian Islamic teacher

Singapore's interior ministry on Monday ordered the repatriation of an Indian Islamic teacher for an exhortation against Jews and Christians, saying there was no room for such remarks in a multi-religious society. Nalla Mohamed Abdul Jameel, 47, was order
Published 04 Apr, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (April 03, 2017).

Published 04 Apr, 2017 12:00am
Singapore expels Indian Islamic teacher

Singapore expels Indian Islamic teacher

Singapore's interior ministry on Monday ordered the repatriation of an Indian Islamic teacher for an exhortation against Jews and Christians, saying there was no room for such remarks in a multi-religious society. Nalla Mohamed Abdul Jameel, 47, was order
Published 04 Apr, 2017 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 04 Apr, 2017 12:00am
16 states to create EU prosecutor's office

16 states to create EU prosecutor's office

Sixteen European Union countries including powerful Germany and France have launched plans to create an EU public prosecutor's office to combat fraud, the bloc announced on Monday. Settling for a smaller group to move forward on a long divisive issue indi
Published 04 Apr, 2017 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 04 Apr, 2017 12:00am
16 states to create EU prosecutor's office

16 states to create EU prosecutor's office

Sixteen European Union countries including powerful Germany and France have launched plans to create an EU public prosecutor's office to combat fraud, the bloc announced on Monday. Settling for a smaller group to move forward on a long divisive issue indi
Published 04 Apr, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (April 03, 2017).

Published 04 Apr, 2017 12:00am
Separation of powers still not working in Venezuela: Argentina

Separation of powers still not working in Venezuela: Argentina

The separation of powers in Venezuela is still not functioning despite Saturday's reversal of a Supreme Court decision to annul Congress, Argentina Foreign Minister Susana Malcorra told reporters. Malcorra made the comment at a news conference after a mee
Published 04 Apr, 2017 12:00am
General strike hits DR Congo cities

General strike hits DR Congo cities

A general strike called by the opposition to force Congolese President Joseph Kabila to share power on Monday slowed business activities in the country's four biggest cities. "We've followed the call... because we are suffering greatly. Let him (Kabila) q
Published 04 Apr, 2017 12:00am
Former Air Marshal Azim Daudpota dies

Former Air Marshal Azim Daudpota dies

Pakistan Air Force (PAF) announces with great grief that the legendary PAF war veteran and a great commander, Air Marshal Azim Daudpota Hilal-i-Imtiaz (M), Sitara-i-Jurrat breathed his last at Karachi on Monday. He was 84. The funeral prayer of the deceas
Published 04 Apr, 2017 12:00am
Former Air Marshal Azim Daudpota dies

Former Air Marshal Azim Daudpota dies

Pakistan Air Force (PAF) announces with great grief that the legendary PAF war veteran and a great commander, Air Marshal Azim Daudpota Hilal-i-Imtiaz (M), Sitara-i-Jurrat breathed his last at Karachi on Monday. He was 84. The funeral prayer of the deceas
Published 04 Apr, 2017 12:00am
Israel fears 'Iranian crescent' in Middle East

Israel fears 'Iranian crescent' in Middle East

Israel fears an "Iranian crescent" may be forming in the Middle East because of Tehran's influence in Syria and its connections with regional Shia groups, an intelligence official said Monday. The comments from Chagai Tzuriel, director general of Israel's
Published 04 Apr, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (April 03, 2017)

Published 04 Apr, 2017 12:00am
SC decides to hear OLMT project case on daily basis

SC decides to hear OLMT project case on daily basis

The Supreme Court on Monday decided to hear multibillion dollar Orange Line Metro Train (OLMT) project case on a daily basis. Resuming the hearing on pleas of Punjab Masstransit Authority (PMA) and others challenging Lahore High Court''s stay order that h
Published 04 Apr, 2017 12:00am
SC decides to hear OLMT project case on daily basis

SC decides to hear OLMT project case on daily basis

The Supreme Court on Monday decided to hear multibillion dollar Orange Line Metro Train (OLMT) project case on a daily basis. Resuming the hearing on pleas of Punjab Masstransit Authority (PMA) and others challenging Lahore High Court's stay order that ha
Published 04 Apr, 2017 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (April 03, 2017).

Published 04 Apr, 2017 12:00am
SC decides to hear OLMT project case on daily basis

SC decides to hear OLMT project case on daily basis

The Supreme Court on Monday decided to hear multibillion dollar Orange Line Metro Train (OLMT) project case on a daily basis. Resuming the hearing on pleas of Punjab Masstransit Authority (PMA) and others challenging Lahore High Court's stay order that ha
Published 04 Apr, 2017 12:00am
Punjab Economic Forum: elite plundered wealth of country, says Shahbaz

Punjab Economic Forum: elite plundered wealth of country, says Shahbaz

Punjab Chief Minister Muhammad Shehbaz Sharif has said that every one has witnessed the wicked role played by the elite in the country during the last 70 years. He said that the three marshal laws devastated and derailed the country while politicians also
Published 04 Apr, 2017 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 24 March, 2017.

Published 04 Apr, 2017 12:00am
Former KDA director dies in Karachi jail

Former KDA director dies in Karachi jail

Former director of Karachi Development Authority (KDA) has passed away in central jail after he suffered a heart attack. It should be mentioned here that Abdul Qavi Khan was arrested by the National Accountability Bureau (NAB) one year ago. The accused KD
Published 04 Apr, 2017 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 24 March, 2017.

Published 04 Apr, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 03, 2017).

Published 04 Apr, 2017 12:00am
RAAF chief meets PAF, PN chiefs

RAAF chief meets PAF, PN chiefs

Chief of the Air Staff, Royal Australian Air Force (RAAF) Air Marshal Gavin Neil Davies Monday held separate meetings with Chief of Air Staff Air Marshal Suhail Aman and Chief of Naval Staff Admiral Muhammad Zakaullah. The visiting dignitary held meetings
Published 04 Apr, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 03, 2017).

Published 04 Apr, 2017 12:00am
Pakistan ready to work closely with Afghanistan: CoAS

Pakistan ready to work closely with Afghanistan: CoAS

Chief of the Army Staff (CoAS) General Qamar Javed Bajwa on Monday told the UK officials at the Ministry of Defence in London that peace in Afghanistan is a shared interest and Pakistan would continue its positive role and ready to work closely with Afgha
Published 04 Apr, 2017 12:00am
Pakistan ready to work closely with Afghanistan: CoAS

Pakistan ready to work closely with Afghanistan: CoAS

Chief of the Army Staff (CoAS) General Qamar Javed Bajwa on Monday told the UK officials at the Ministry of Defence in London that peace in Afghanistan is a shared interest and Pakistan would continue its positive role and ready to work closely with Afgha
Published 04 Apr, 2017 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee managed to hold week-end's levels the dollar on Monday in the process of trading, dealers said. The rupee inched up by one paisa in relation to the dollar for buying and selling at Rs 104.84 and Rs 104.85 respectively, they said.
Published 04 Apr, 2017 12:00am
Turkey dismisses 45 more judges, prosecutors

Turkey dismisses 45 more judges, prosecutors

Turkish authorities dismissed 45 more judges and prosecutors on Monday in the latest purge within the judiciary following last July's failed coup, state media reported. Since July 15, at least 113,000 people have been suspended or sacked from their public
Published 04 Apr, 2017 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee managed to hold week-end's levels the dollar on Monday in the process of trading, dealers said. The rupee inched up by one paisa in relation to the dollar for buying and selling at Rs 104.84 and Rs 104.85 respectively, they said.
Published 04 Apr, 2017 12:00am
Indian Deputy HC summoned over ceasefire violations

Indian Deputy HC summoned over ceasefire violations

Pakistan on Monday lodged protest with India by summoning its top diplomat against the deliberate targeting of civilian population in ceasefire violations on the Line of Control (LoC). According to Foreign Office Spokesperson Nafees Zakaria, Indian Deputy
Published 04 Apr, 2017 12:00am
Indian Deputy HC summoned over ceasefire violations

Indian Deputy HC summoned over ceasefire violations

Pakistan on Monday lodged protest with India by summoning its top diplomat against the deliberate targeting of civilian population in ceasefire violations on the Line of Control (LoC). According to Foreign Office Spokesperson Nafees Zakaria, Indian Deputy
Published 04 Apr, 2017 12:00am
Landing permits: Nisar orders suspension of visas on arrival

Landing permits: Nisar orders suspension of visas on arrival

Interior Minister Chaudhry Nisar Ali Khan in meeting here asked for strict implementation of the rules and regulations both in the ministry and its attached departments says a press release issued on Monday. Indifference to this responsibility or lacklust
Published 04 Apr, 2017 12:00am
Landing permits: Nisar orders suspension of visas on arrival

Landing permits: Nisar orders suspension of visas on arrival

Interior Minister Chaudhry Nisar Ali Khan in meeting here asked for strict implementation of the rules and regulations both in the ministry and its attached departments says a press release issued on Monday. Indifference to this responsibility or lacklust
Published 04 Apr, 2017 12:00am
World Bank urges more investment for developing global electricity

World Bank urges more investment for developing global electricity

Global efforts to provide universal access to electricity, develop more renewable energy sources and increase efficiency are not on track to meet a target date of 2030, the World Bank said Monday. With fewer people receiving electricity for the first time
Published 04 Apr, 2017 12:00am
World Bank urges more investment for developing global electricity

World Bank urges more investment for developing global electricity

Global efforts to provide universal access to electricity, develop more renewable energy sources and increase efficiency are not on track to meet a target date of 2030, the World Bank said Monday. With fewer people receiving electricity for the first time
Published 04 Apr, 2017 12:00am
World Bank urges more investment for developing global electricity

World Bank urges more investment for developing global electricity

Global efforts to provide universal access to electricity, develop more renewable energy sources and increase efficiency are not on track to meet a target date of 2030, the World Bank said Monday. With fewer people receiving electricity for the first time
Published 04 Apr, 2017 12:00am
World Bank urges more investment for developing global electricity

World Bank urges more investment for developing global electricity

Global efforts to provide universal access to electricity, develop more renewable energy sources and increase efficiency are not on track to meet a target date of 2030, the World Bank said Monday. With fewer people receiving electricity for the first time
Published 04 Apr, 2017 12:00am
Minister defends controversial payment to IPPs

Minister defends controversial payment to IPPs

Minister for Water and Power Khawaja Asif said on Monday that payment of Rs 480 billion was made to the Independent Power Producers (IPPs) after an audit and now it is a closed chapter. He was addressing a press conference along with outgoing Secretary Wa
Published 04 Apr, 2017 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Apr, 2017 12:00am
Minister defends controversial payment to IPPs

Minister defends controversial payment to IPPs

Minister for Water and Power Khawaja Asif said on Monday that payment of Rs 480 billion was made to the Independent Power Producers (IPPs) after an audit and now it is a closed chapter. He was addressing a press conference along with outgoing Secretary Wa
Published 04 Apr, 2017 12:00am
Minister defends controversial payment to IPPs

Minister defends controversial payment to IPPs

Minister for Water and Power Khawaja Asif said on Monday that payment of Rs 480 billion was made to the Independent Power Producers (IPPs) after an audit and now it is a closed chapter. He was addressing a press conference along with outgoing Secretary Wa
Published 04 Apr, 2017 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 04 Apr, 2017 12:00am
BRIndex30 sheds 123.74 points

BRIndex30 sheds 123.74 points

On Monday, BRIndex30 opened at 26,469.78. It touched an intraday high of 26,553.72 and an intraday Low of 26,242.20 and closed at 26,346.04 which was -123.74 points or -0.47 percent lower than previous close. Total volume was 78,120,500, which was 28.56 p
Published 04 Apr, 2017 12:00am
BRIndex30 sheds 123.74 points

BRIndex30 sheds 123.74 points

On Monday, BRIndex30 opened at 26,469.78. It touched an intraday high of 26,553.72 and an intraday Low of 26,242.20 and closed at 26,346.04 which was -123.74 points or -0.47 percent lower than previous close. Total volume was 78,120,500, which was 28.56 p
Published 04 Apr, 2017 12:00am
PSX obtains mixed posture

PSX obtains mixed posture

Pakistan Stock Exchange witnessed a mixed trend Monday. The benchmark KSE-100 index moving between 48,384.56 points intra-day high and 48,122.48 points low, settled at 48,227.75 points with a net gain of 71.82 points. Foreigners remained net buyers of sha
Published 04 Apr, 2017 12:00am
PSX obtains mixed posture

PSX obtains mixed posture

Pakistan Stock Exchange witnessed a mixed trend Monday. The benchmark KSE-100 index moving between 48,384.56 points intra-day high and 48,122.48 points low, settled at 48,227.75 points with a net gain of 71.82 points. Foreigners remained net buyers of sha
Published 04 Apr, 2017 12:00am
PSX obtains mixed posture

PSX obtains mixed posture

Pakistan Stock Exchange witnessed a mixed trend Monday. The benchmark KSE-100 index moving between 48,384.56 points intra-day high and 48,122.48 points low, settled at 48,227.75 points with a net gain of 71.82 points. Foreigners remained net buyers of sha
Published 04 Apr, 2017 12:00am
Trump hosts Sisi, praises 'fantastic job' in Egypt

Trump hosts Sisi, praises 'fantastic job' in Egypt

US President Donald Trump set human rights scandals aside to welcome Abdel Fattah al-Sisi to the White House Monday, the first such visit from an Egyptian president in almost a decade. Greeting Sisi warmly in the Oval Office, Trump heaped praise on the fo
Published 04 Apr, 2017 12:00am
Trump hosts Sisi, praises 'fantastic job' in Egypt

Trump hosts Sisi, praises 'fantastic job' in Egypt

US President Donald Trump set human rights scandals aside to welcome Abdel Fattah al-Sisi to the White House Monday, the first such visit from an Egyptian president in almost a decade. Greeting Sisi warmly in the Oval Office, Trump heaped praise on the fo
Published 04 Apr, 2017 12:00am
Bagh Ibne Qasim: SHC suspends notification

Bagh Ibne Qasim: SHC suspends notification

The Sindh High Court (SHC) on Monday suspended the provincial government's notification that handed the Bagh Ibne Qasim over to Bahria Town for 10 years, on the petition of city mayor Waseem Akhtar. The SHC bench, headed by Justice Muhammad Juniad Ghaffar
Published 04 Apr, 2017 12:00am
Bagh Ibne Qasim: SHC suspends notification

Bagh Ibne Qasim: SHC suspends notification

The Sindh High Court (SHC) on Monday suspended the provincial government's notification that handed the Bagh Ibne Qasim over to Bahria Town for 10 years, on the petition of city mayor Waseem Akhtar. The SHC bench, headed by Justice Muhammad Juniad Ghaffar
Published 04 Apr, 2017 12:00am
March inflation accelerates to 4.94 percent YoY

March inflation accelerates to 4.94 percent YoY

Pakistan''s inflation rate accelerated to 4.94 percent year-on-year in March from 4.22 percent in February, the Bureau of Statistics said on Monday. On a month-on-month basis, prices rose by 0.84 percent in March, the bureau said. The rise in month-on-mon
Published 04 Apr, 2017 12:00am
March inflation accelerates to 4.94 percent YoY

March inflation accelerates to 4.94 percent YoY

Pakistan's inflation rate accelerated to 4.94 percent year-on-year in March from 4.22 percent in February, the Bureau of Statistics said on Monday. On a month-on-month basis, prices rose by 0.84 percent in March, the bureau said. The rise in month-on-mont
Published 04 Apr, 2017 12:00am
March inflation accelerates to 4.94 percent YoY

March inflation accelerates to 4.94 percent YoY

Pakistan's inflation rate accelerated to 4.94 percent year-on-year in March from 4.22 percent in February, the Bureau of Statistics said on Monday. On a month-on-month basis, prices rose by 0.84 percent in March, the bureau said. The rise in month-on-mont
Published 04 Apr, 2017 12:00am
Russia probes 'act of terror' after metro blast kills 10

Russia probes 'act of terror' after metro blast kills 10

Russia opened a probe into a suspected "act of terror" Monday after 10 people were killed and dozens more injured in a blast that rocked the Saint Petersburg metro. Authorities shut down the metro system in Russia's second city as security services said t
Published 04 Apr, 2017 12:00am
Russia probes 'act of terror' after metro blast kills 10

Russia probes 'act of terror' after metro blast kills 10

Russia opened a probe into a suspected "act of terror" Monday after 10 people were killed and dozens more injured in a blast that rocked the Saint Petersburg metro. Authorities shut down the metro system in Russia's second city as security services said t
Published 04 Apr, 2017 12:00am