AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)
Nov 23, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-05-09
16 Indian officers refuse to join BSF

16 Indian officers refuse to join BSF

Sixteen of 28 officers selected to join the Border Security Force have declined this year, the English daily in New Delhi reported on Monday. This comes amid escalated tension between India and Pakistan and forceful anti-India protests in occupied Kashmir
Published 09 May, 2017 12:00am
Book launced on Jam Saqi's life

Book launced on Jam Saqi's life

"To stem the rising tide of religious extremism, inequality and de-humanization the beleaguered left has a great role to play in countries like Pakistan". This was stated by at the launch of book on the life of well known Sindhi leftist activist and intel
Published 09 May, 2017 12:00am
Indian woman claims she was forced to marry Pakistani citizen

Indian woman claims she was forced to marry Pakistani citizen

An Indian woman, Uzma, alleged on Monday that she was forced to marry Pakistani citizen Tahir Ali at gunpoint. According to a statement issued by Pakistan's Foreign Office, the Indian High Commission contacted Pakistani authorities and informed that 20-ye
Published 09 May, 2017 12:00am
GEPCO completes 887 development works worth Rs 463 million

GEPCO completes 887 development works worth Rs 463 million

The Gujranwala Electric Power Company completed 887 development works at a cost of Rs 463 million in the first nine months of the current financial year to cut down the line losses and provide better facilities to the consumers in its region. GEPCO spokes
Published 09 May, 2017 12:00am
SECP issues private placement of Securities Rules 2017
Exchange

SECP issues private placement of Securities Rules 2017

Securities and Exchange Commission of Pakistan (SECP) Monday allowed companies (excluding single member company) to offer and issue its debt securities through private placement. According to the SRO 297(1)/2017 issued here on Monday, the SECP has issued
Published 09 May, 2017 12:00am
KfW team, PPAF officials visit Dedan village

KfW team, PPAF officials visit Dedan village

A high-level delegation of KfW Development Bank, Germany, accompanied by Pakistan Poverty Alleviation Fund's (PPAF) officials visited Village Dedan of Haripur district to review the progress and impact of the KfW-funded Livelihood Support and Promotion of
Published 09 May, 2017 12:00am
Gulf markets recover; Dubai's DSI rises on CEO remarks

Gulf markets recover; Dubai's DSI rises on CEO remarks

Shares of builder Drake & Scull (DSI) rose in the final hour of trade on Monday as retail investors reacted to some potentially positive news from the company, while the region recovered some of the previous session's losses. DSI, which fell by a little m
Published 09 May, 2017 12:00am
Indian shares rise

Indian shares rise

Indian shares rose on Monday, led by a rally in Ambuja Cements and ACC Ltd after the companies said they were exploring a merger, while lenders gained after the government further empowered the central bank to tackle bad debts in the sector. The broader N
Published 09 May, 2017 12:00am
Tokyo stocks end at 17-month high

Tokyo stocks end at 17-month high

Tokyo stocks surged to a 17-month high Monday on the back of a strong US jobs report and after pro-European centrist Emmanuel Macron beat his far-right rival in France's presidential election. Markets breathed a sigh of relief as the result effectively el
Published 09 May, 2017 12:00am
Hong Kong stocks higher

Hong Kong stocks higher

Hong Kong stocks ended higher on Monday as markets breathed a sigh of relief after pro-EU candidate Emmanuel Macron was elected French President, helping offset negative sentiment from continued weakness in mainland stock markets. The Hang Seng index ende
Published 09 May, 2017 12:00am
Southeast Asian markets: Philippines extends gains
Exchange

Southeast Asian markets: Philippines extends gains

Philippine shares rose 1.5 percent on Monday, extending gains into a third session, buoyed by the government's tax reform plans and upbeat corporate results. The country's finance Secretary laid out an ambitious tax reform agenda that would raise fuel tax
Published 09 May, 2017 12:00am
Shanghai stocks close at near seven-month low

Shanghai stocks close at near seven-month low

China stocks extended falls on Monday, with the benchmark Shanghai Composite Index ending at its lowest close since mid-October, as investor fears over tightening regulations deepened. The blue-chip CSI300 index fell 0.7 percent, to 3,358.81 points, while
Published 09 May, 2017 12:00am
European stocks dip, CAC sinks from highest since 2008

European stocks dip, CAC sinks from highest since 2008

European shares dipped on Monday as the relief rally that greeted Emmanuel Macron's victory in the French presidential election petered out although strong earnings growth continued to underpin demand for the region's equities. Average earnings growth for
Published 09 May, 2017 12:00am
Sri Lankan shares extend gains

Sri Lankan shares extend gains

Sri Lankan shares extended gains into a third session on Monday, posting their highest close in nearly one year, with blue chips leading the rise ahead of the central bank's monetary policy rate announcement. Volume was moderate as many investors were on
Published 09 May, 2017 12:00am
Australian, New Zealand shares climb

Australian, New Zealand shares climb

Australian shares rose on Monday, boosted by a rally in mining and energy stocks after copper recovered from a five-month low and oil gained on expectations an Opec-led output cut would be extended. The S&P/ASX 200 index ended four sessions of losses to r
Published 09 May, 2017 12:00am
Real estate, utilities help FTSE outperform European markets

Real estate, utilities help FTSE outperform European markets

Britain's top share index edged higher on Monday, outpacing softer European markets following a widely expected win for centrist Emmanuel Macron in the French presidential election. The blue chip FTSE 100 index was down 0.1 percent at 7,291.17 points at t
Published 09 May, 2017 12:00am
Cotton drops to three-week low
Cotton

Cotton drops to three-week low

ICE cotton futures fell to a three-week low on Monday as favourable planting conditions across major producing areas across the United States and the world raised prospects of better production. The July cotton contract on ICE Futures US settled down 0.75
Published 09 May, 2017 12:00am
Shanghai copper drops
Exchange

Shanghai copper drops

Copper retreated in Asian trade to the lowest prices in four months, with high inventories weighing on prices in both London and Shanghai markets, amid a sharp drop in imports to China. The most-traded copper contract on the Shanghai Futures Exchange fell
Published 09 May, 2017 12:00am
Copper hits four-month low as China imports slide
Exchange

Copper hits four-month low as China imports slide

Copper slid to a four-month low on Monday after data showed a sharp drop in imports into China, the world's biggest consumer, feeding pessimism over demand following hefty inflows into London Metal Exchange inventories last week. China's April copper impo
Published 09 May, 2017 12:00am
Oil rebounds as Opec talks up cutting supply into 2018

Oil rebounds as Opec talks up cutting supply into 2018

Oil prices rose on Monday in volatile trading, bolstered by statements from major oil-producing countries suggesting that Opec and non-Opec supply cuts could be extended into 2018. Benchmark Brent crude settled up 24 cents, or 0.5 percent, at $49.34 a bar
Published 09 May, 2017 12:00am
Only two Afghan soldiers killed, says ambassador

Only two Afghan soldiers killed, says ambassador

Afghan Ambassador to Pakistan Dr Omar Zakhilwal on Monday denied claims that Pakistani military killed 50 Afghan soldiers and border security personnel in Chaman, saying only two soldiers were killed and seven others got injured. "Woke up to celebratory f
Published 09 May, 2017 12:00am
'Violation of borders, territorial integrity will not be tolerated'

'Violation of borders, territorial integrity will not be tolerated'

Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz on Monday categorically said that Pakistan is pursuing the vision of peaceful neighbourhood but violation of borders and territorial integrity will not be tolerated. Talking to journalists after
Published 09 May, 2017 12:00am
PTI threatens not to accept JIT's secret proceedings

PTI threatens not to accept JIT's secret proceedings

Pakistan Tehreek-e-Insaf (PTI) on Monday warned that it will not accept secret proceedings of the joint investigation team (JIT) and they must be open for media to ensure transparency. Speaking at press conference here, PTI Spokesman Fawad Chaudhry said t
Published 09 May, 2017 12:00am
Pakistan Services Limited
Mutual Funds

Pakistan Services Limited

Pakistan Services Limited was incorporated in Karachi on December 6, in 1958, under the Companies Act 1913 (now Companies Ordinance, 1984). The firm primarily operates in the hotel business. It owns and runs the Pearl Continental (PC) Hotels chain in Paki
Published 09 May, 2017 12:00am
Pakistan Services Limited
Mutual Funds

Pakistan Services Limited

Pakistan Services Limited was incorporated in Karachi on December 6, in 1958, under the Companies Act 1913 (now Companies Ordinance, 1984). The firm primarily operates in the hotel business. It owns and runs the Pearl Continental (PC) Hotels chain in Paki
Published 09 May, 2017 12:00am
Philippines to send delegation to study CPEC project

Philippines to send delegation to study CPEC project

Finance Minister of Philippines Carlos Dominguez on Monday expressed desire to send a delegation to Pakistan to study China Pakistan Economic Corridor (CPEC) as a template for infrastructure development and learn from Pakistan's experience. He made these
Published 09 May, 2017 12:00am
Pakistan buys about 60,000 tonnes of soybeans from US

Pakistan buys about 60,000 tonnes of soybeans from US

Importers have purchased about 60,000 tonnes of soybeans likely to be sourced from the United States, European traders said on Monday. The soybeans are for shipment in October/November and were in addition to a deal for about 65,000 tonnes of U.S. soybean
Published 09 May, 2017 12:00am
New research centre inaugurated at NUST

New research centre inaugurated at NUST

The United States Agency for International Development (USAID) Mission Director John Groarke and Minister for Defense Khawaja Muhammad Asif on Monday inaugurated a new research center at the National University of Sciences and Technology (NUST) in Islamab
Published 09 May, 2017 12:00am
NAB presents Annual Report-2016 to President

NAB presents Annual Report-2016 to President

Chairman National Accountability Bureau (NAB) Qamar Zaman Chaudhry presented NAB Annual Report-2016 to President Mamnoon Hussain at Aiwan-e-Sadr on Monday. On the occasion, Chairman NAB also briefed the President about important aspects of the report.
Published 09 May, 2017 12:00am
PTI minister tenders apology over derogatory remarks

PTI minister tenders apology over derogatory remarks

The situation of the use of derogatory remarks against woman legislator by the PTI affiliated minister was Monday amicably resolved after Provincial Minister for Public Health Engineering (PHE), Shah Farman tendered an apology to the woman legislator and
Published 09 May, 2017 12:00am
Nadra unblocks 155,757 CNICs, but temporarily

Nadra unblocks 155,757 CNICs, but temporarily

Following the recommendations of a parliamentary committee, National Database and Registration Authority (NADRA) has temporarily unblocked 155,757 computerised national identity cards for 60 days out of 329,941 blocked by the authority. Director General N
Published 09 May, 2017 12:00am
MoU inked for Made-in-Sialkot Expo

MoU inked for Made-in-Sialkot Expo

Sialkot Chamber of Commerce and Industry (SCC&I) signed an MoU with a leading event management company Badar Expo Solutions for Organizing first "Made in Sialkot" Exposition to be held from 19-21 July at Pak China Friendship Centre Islamabad. Majid Raza B
Published 09 May, 2017 12:00am
IBP announces names of winners of essay contest 2016
Exchange

IBP announces names of winners of essay contest 2016

Institute of Bankers Pakistan (IBP) has announced the winners names of the IBP essay competition 2016. Entries were invited for three topics and overall some 133 entries were received, of which some 28 were shortlisted for the competition. The distinguish
Published 09 May, 2017 12:00am
Ramazan likely to begin on May 28

Ramazan likely to begin on May 28

Astronomers on Monday predicted strong chances of Ramazan moon sighting on May 27 which means that the first fast in the country will be observed on May 28. Renowned scientist and astronomer of Karachi University Professor Dr Shahid Qureshi told that no p
Published 09 May, 2017 12:00am
SECP catches social media stock 'guru' red handed
Exchange

SECP catches social media stock 'guru' red handed

In the wake of a sophisticated surveillance operation and a detailed investigation, Securities and Exchange Commission of Pakistan (SECP) has been able to unearth and act against a financial cybercrime. A self-styled stock market guru who gave self-servin
Published 09 May, 2017 12:00am
Banks given advice: State Bank against discriminatory lending

Banks given advice: State Bank against discriminatory lending

The State Bank of Pakistan (SBP) on Monday advised banks to desist from adopting discriminatory practices in providing consumer finance. On the complaints of politicians, SBP has issued these directives through a BPRD Circular Letter No. 14 of 2017. In co
Published 09 May, 2017 12:00am
Dr Asim case: SHC refers bail pleas of co-accused to Chief Justice

Dr Asim case: SHC refers bail pleas of co-accused to Chief Justice

Sindh High Court on Monday referred bail applications of co-accused in Dr Asim corruption case to Chief Justice SHC with the plea to fix all such applications of co-accused before a single bench. An SHC bench heard bail applications of co-accused in Rs 46
Published 09 May, 2017 12:00am
Thar's social uplift: Shahid Afridi, Thar Foundation ink MoU

Thar's social uplift: Shahid Afridi, Thar Foundation ink MoU

With an aim to make sustainable and productive social interventions in one of the poorest districts of Pakistan, the Thar Foundation (TF) and Shahid Afridi Foundation (SAF) has formally entered into an agreement to work together in the areas of health, ed
Published 09 May, 2017 12:00am
Customs values of gasoline water pump revised

Customs values of gasoline water pump revised

Directorate General Customs Valuation (DGCV) has revised the customs values of Gasoline Water Pump (GWP) under section 25(9) of the Customs Act, 1969. According to details, the Directorate notified Valuation Database (VDB) values of GWP (Low end brands) i
Published 09 May, 2017 12:00am
POGEE-2017: International Exhibition to begin on May 16
Exchange

POGEE-2017: International Exhibition to begin on May 16

More than 300 companies from around 30 countries will participate in the 15th International Exhibition for the Energy Industry 'POGEE-2017' that will be held from May 16 to 19, at the Expo Centre. The state-of-the-art equipment, machinery, technological a
Published 09 May, 2017 12:00am
Sindh Assembly session: MPAs exchange Go Zardari Go, Go Nawaz Go slogans

Sindh Assembly session: MPAs exchange Go Zardari Go, Go Nawaz Go slogans

Amid slogans of 'No Corruption No' and 'Go Zardari Go,' Opposition parties' legislators registered stiff protest against the PPP-led Sindh government for blocking their development funds, at a chaotic session of Sindh Assembly, here on Monday. The ruling
Published 09 May, 2017 12:00am
Upper Sindh, South/Central Punjab sizzle in heat wave

Upper Sindh, South/Central Punjab sizzle in heat wave

Mercury scaled up to maximum 48 degrees Celsius in Sibi, Moenjodaro on Monday, as the Met Office alerted the citizens to a very hot weather in Upper Sindh and South/Central Punjab in the next 24 hours. It said that a light rain with dust-thunderstorm is e
Published 09 May, 2017 12:00am
LG's webOS 3.5 smart TV recognized with CC certification

LG's webOS 3.5 smart TV recognized with CC certification

LG's webOS 3.5 smart TV platform was recognized with a Common Criteria (CC) certification for its enhanced Application Security Solution Version 1.0 software. By snagging another internationally-recognized security certification, LG continues to demonstra
Published 09 May, 2017 12:00am
KCPP for registration, vaccination of dogs

KCPP for registration, vaccination of dogs

The Kennel Club of Punjab, Pakistan (KCPP) has been established for the promotion of all breed of Dogs in Punjab Region. In this regard the first priority of KCPP is to ensure their proper health and environment said Engr Ihtasham Javed Khan, president KC
Published 09 May, 2017 12:00am
Bank Alfalah ropes in IBA-PU to expand industry-academia cooperation

Bank Alfalah ropes in IBA-PU to expand industry-academia cooperation

Expanding its endeavour to promote linkages with academia, Pakistan's leading financial institution, Bank Alfalah Limited (BAFL) has entered into a strategic partnership with yet another prestigious business education institution, Institute of Business Ad
Published 09 May, 2017 12:00am
Four injured in explosion targeting CTD vehicle

Four injured in explosion targeting CTD vehicle

At least three officials of the counter-terrorism department (CTD) and one passer-by were injured in a blast targeting their vehicle early Monday morning. The CTD officials were en route to a girls school where an Improvised Explosive Device (IED) had exp
Published 09 May, 2017 12:00am
Sohail Mahmood set to be Pakistan's HC to India

Sohail Mahmood set to be Pakistan's HC to India

Amid the deterioration in the bilateral ties between India and Pakistan, New Delhi is set to get a new envoy from Islamabad. Sohail Mahmood is all set to succeed Abdul Basit as the next Pakistani High Commissioner to India. Born in 1962, Mahmood joined th
Published 09 May, 2017 12:00am
Mobile cardiac units at 7 roundabouts soon: Mayor

Mobile cardiac units at 7 roundabouts soon: Mayor

Karachi Mayor Waseem Akhtar on Monday said that the city's hospitals are packed with patients, but proper medical facilities are not being provided to them due to lack of resources and doctors. He was speaking at the opening ceremony of a temporary 'chest
Published 09 May, 2017 12:00am
Eight teachers suspended for closing school

Eight teachers suspended for closing school

Headmistress among eight teachers was suspended for keeping the school closed on the occasion of public gathering of leader of a political party. According to details, on May 6, during the meeting of leader of ruling Pakistan Muslim League (PML-N), a gove
Published 09 May, 2017 12:00am
PPAF implemented infrastructure projects of Haripur reviewed

PPAF implemented infrastructure projects of Haripur reviewed

A high-level delegation of KfW Development Bank, Germany accompanied by Pakistan Poverty Alleviation Fund's (PPAF) officials visited Village Dedan of Haripur District to review the progress and impact of the KfW funded Livelihood Support and Promotion of
Published 09 May, 2017 12:00am
Roundtable Discussion: scholar says Russia intends to divide Ukraine

Roundtable Discussion: scholar says Russia intends to divide Ukraine

Dr Olena Bordilovska, associate professor, Institute of International Relations, Kyiv Taras Shevchenko National University, Ukraine, has accused Russia of having intentions to destabilise and divide Ukraine. She was speaking at a roundtable discussion on
Published 09 May, 2017 12:00am
Chief Minister orders CTD action against cheatings gang

Chief Minister orders CTD action against cheatings gang

Taking a policy decision, Sindh Chief Minister Syed Murad Ali Shah on Monday issued directives that the printing of examination papers and distribution of the papers be made in presence of district administration. He also directed the CTD Police to launch
Published 09 May, 2017 12:00am
Two security men injured in Kech

Two security men injured in Kech

Two security personnel were seriously injured in firing of armed miscreants here on Monday. Security sources said that unidentified miscreants spayed bullets at security personnel in Gayab Mand area of Turbat in district Kech. Two security personnel were
Published 09 May, 2017 12:00am
'World Thalassemia Day 2017' marked

'World Thalassemia Day 2017' marked

The World Thalassemia Day-2017 with the theme 'Together for Humanity' was marked here on Monday with a renewed pledge to make all out efforts for raising awareness among people about the lethal disease and to check its spread. To mark the day, walks, semi
Published 09 May, 2017 12:00am
Punjab IGP calls for e-ticketing system in Lahore

Punjab IGP calls for e-ticketing system in Lahore

Inspector General of Police (IGP) Punjab Captain retd Usman Khatak has directed to implement the e-ticketing system in the provincial metropolis immediately by overcoming all the problems being faced by concerned departments. The IGP issued these directiv
Published 09 May, 2017 12:00am
PTEA chief for actual implementation of zero-rating regime
Exchange

PTEA chief for actual implementation of zero-rating regime

Fiscal policies for the coming year should be oriented to support the export sectors as artificial props are tumbling down and fierce competition is heralding the survival of the fittest. Main thrust of the budgetary provisions should address the challeng
Published 09 May, 2017 12:00am
Sahiwal coal power project starts on May 20, says Shahbaz

Sahiwal coal power project starts on May 20, says Shahbaz

Punjab Chief Minister Mian Muhammad Shahbaz Sharif on Monday said Sahiwal coal power project under China Pakistan Economic Corridor (CPEC) would be operational on May 20th. Addressing laptop distribution ceremony at Government College Women University he
Published 09 May, 2017 12:00am
300,000 LESCO defaulters owe dues of Rs 10 billion

300,000 LESCO defaulters owe dues of Rs 10 billion

As many as 300,000 defaulters of the Lahore Electric Supply Company carry a default of Rs 10 billion and even the action of meter disconnection has failed to bear desired results.According to the sources, the list of defaulters included domestic, commerci
Published 09 May, 2017 12:00am
MCCI seeks WHT abolishment on banking transactions

MCCI seeks WHT abolishment on banking transactions

Multan Chamber of Commerce & Industry (MCCI) on Monday said withholding tax (WHT) on banking transactions should be abolished or reduced in the upcoming budget as recommended by the State Bank of Pakistan. MCCI President Khawaja Jalaluddin Roomi said the
Published 09 May, 2017 12:00am
Pak-Iran border management vital to stop smuggling, terrorism: traders

Pak-Iran border management vital to stop smuggling, terrorism: traders

The Pakistan Industrial and Traders Associations Front (PIAF) has said the decision of Pakistan and Iran to address the issue of effective border management, through constituting operational committees, will control smuggling and terrorism, further enhanc
Published 09 May, 2017 12:00am
Blood donation body marks Thalassemia Day

Blood donation body marks Thalassemia Day

The Blood Donation Society (BDS) of the Government College University (GCU) on Monday arranged an awareness walk to mark the International Thalassemia Day. Vice Chancellor Professor Dr Hassan Amir Shah and GCU Dean Faculty of Languages, Islamic and Orient
Published 09 May, 2017 12:00am
Girl kidnapped from Lahore airport

Girl kidnapped from Lahore airport

A girl named Javeria, who returned from London, was kidnapped by unknown persons from Lahore's Allama Iqbal International Airport. According to details, Javeria's father reported to Superintendent of Police (SP) Cantt about the missing of Javeria when she
Published 09 May, 2017 12:00am
Electricity demand spikes with rise in mercury

Electricity demand spikes with rise in mercury

With the rise in mercury, demand for power consumption spiked against the supply side in the Lahore Electric Supply Company (LESCO) region, sources said. The temperature touched to 42 degree Celsius on the higher side on Monday. They said the LESCO was ge
Published 09 May, 2017 12:00am
CPEC boosts tractor industry

CPEC boosts tractor industry

The China-Pakistan Economic Corridor has given a tremendous boost to the depressed tractor industry in Pakistan as farm tractor sales have spiked up to 38,620 in the first nine months of the current financial year as against 22,169 units during the same p
Published 09 May, 2017 12:00am
Less load shedding: Official fails to honour commitment to CCoE

Less load shedding: Official fails to honour commitment to CCoE

Water and Power Secretary Yousaf Naseem Khokhar has failed to honour his commitment to the Cabinet Committee on Energy (CCoE) that in May there would be 6 and 8 hours load shedding in urban and rural areas, respectively. Well-informed sources told Busi
Published 09 May, 2017 12:00am
FPCCI delegation leaves for Morocco

FPCCI delegation leaves for Morocco

A 17-member delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday left for a six-day visit to Morocco to enhance bilateral trade and explore untapped trade opportunities between the two countries, especially being me
Published 09 May, 2017 12:00am
LHC seeks more arguments in plea against PCTB

LHC seeks more arguments in plea against PCTB

The Lahore High Court on Monday sought more arguments in a petition against Punjab Curriculum Text Book Board (PCTB) for awarding contract to its own agencies excluding the petitioner and other publishers from publication of textbooks of class V, VI, and
Published 09 May, 2017 12:00am
Sugar mills shifting case: LHC seeks TORs for constitution of commission

Sugar mills shifting case: LHC seeks TORs for constitution of commission

The Lahore High Court on Monday asked the parties to come up with terms of references (TOR) for constitution of a local commission on Tuesday (today) on sugarcane crop across the Punjab. The court also directed the three sugar mills including Ittefaq Suga
Published 09 May, 2017 12:00am
Wheel chairs distributed among special persons

Wheel chairs distributed among special persons

Begum Sidra Khalid Cheema member of Executive Committee of Multan Chamber of Commerce & Industry (MCCI) distributed wheel chairs among the special persons on the recommendations of Society for Special Persons and said that jobs would be provided to the sp
Published 09 May, 2017 12:00am
ACS, Commissioner OPC reviews performance of DOPCs

ACS, Commissioner OPC reviews performance of DOPCs

A meeting to review the performance of District Overseas Pakistanis Committees (DOPCs) was held under the Chairmanship of Additional Chief Secretary Punjab, Shamail Ahmad Khawaja and Commissioner, Overseas Pakistanis Commission (OPC) Punjab Afzaal Bhatti
Published 09 May, 2017 12:00am
Widow strangles five-year-old daughter to death

Widow strangles five-year-old daughter to death

A poverty stricken woman strangled her five-year-old daughter to death here on Monday. Police arrested the accused, who confessed the crime.Police said a widow identified as Nazia, a widow hailing from Parao Camp in Saddar police station Gujranwala was de
Published 09 May, 2017 12:00am
37 marble units sealed over violating NEQS

37 marble units sealed over violating NEQS

Environment Protection Agency (EPA) KP and District Administration in their continued action against marble units and printing presses in Peshawar over non-compliance of National Environment Quality Standards (NEQS) sealed 37 marble units. According to a
Published 09 May, 2017 12:00am
37 marble units sealed over violating NEQS

37 marble units sealed over violating NEQS

Environment Protection Agency (EPA) KP and District Administration in their continued action against marble units and printing presses in Peshawar over non-compliance of National Environment Quality Standards (NEQS) sealed 37 marble units. According to a
Published 09 May, 2017 12:00am
Mere presumptions cannot lead to an MP's disqualification: SC

Mere presumptions cannot lead to an MP's disqualification: SC

Supreme Court on Monday observed that presumptions are not sufficient grounds to disqualify a member of the Parliament. A three-judge bench headed by Chief Justice Mian Saqib Nisar observed while hearing PML-N leader Hanif Abbasi's plea seeking PTI's Imra
Published 09 May, 2017 12:00am
Pesco pounces on another 92 electricity thieves

Pesco pounces on another 92 electricity thieves

The Surveillance teams of Peshawar Electric Supply Company (PESCO) conducted raids in different areas of Peshawar, Mardan and Swat Circles on Monday and nabbed 92 accused of power pilferage. PESCO teams during checking in areas of Sardheri sub division of
Published 09 May, 2017 12:00am
IoK CM says India media should stop spreading hate

IoK CM says India media should stop spreading hate

Jammu and Kashmir Chief Minister Mehbooba Mufti on Monday came out in defence of the youth in her state saying not all the youth in the state were stone pelters and it was just some of them that pelted stones. Speaking to news agency ANI, Mufti said, "Few
Published 09 May, 2017 12:00am
Nawaz for deepen economic ties with Oman
Exchange

Nawaz for deepen economic ties with Oman

Prime Minister Nawaz Sharif on Monday said there was a considerable scope between Pakistan and Oman to enhance co-operation in trade and commerce as well as in investment and other economic sectors. He was talking to Yousuf bin Alawi bin Abdullah, Foreign
Published 09 May, 2017 12:00am
Pemra chief says he's receiving threats

Pemra chief says he's receiving threats

Chairman Pakistan Electronic Media Regulatory Authority (Pemra), Absar Alam claimed on Monday that he and his staffers are receiving threats. In a press conference, the chairman Pemra said that it is difficult for PEMRA to work under such circumstances. H
Published 09 May, 2017 12:00am
The challenge of money laundering

The challenge of money laundering

This is apropos a Business Recorder op-ed "Money laundering and predicate offences" carried by the newspaper on Saturday. The writer, Zafar Azeem, has thrown ample light on the subject with a view to perhaps enabling all those who want to have bett
Published 09 May, 2017 12:00am
'Macronomics' faces clash with French ballot box

'Macronomics' faces clash with French ballot box

France's incoming president Emmanuel Macron has an ambitious economic agenda and a favourable economic environment and business leaders' backing in his favour - but can he bring change? Even if the world's sixth-biggest economy is still weighed down by fu
Published 09 May, 2017 12:00am
Predicting the budget

Predicting the budget

Predicting anything is a Mug's game, except if you are a celebrity anchor, or a senior analyst, on the electronic media and make sufficiently numerous predictions to ensure that the law of averages makes at least one of these predictions come true, thereb
Published 09 May, 2017 12:00am
Size of Pakistan's GNP

Size of Pakistan's GNP

The Finance Minister has apparently asked the World Bank to undertake a study to estimate the 'true' Gross National Product (GNP) or Gross National Income (GNI) of Pakistan, as reported by a leading English-language daily in the country. The expectation i
Published 09 May, 2017 12:00am
Afghan attack on border villages

Afghan attack on border villages

What happened on Friday near the Pak-Afghan border in Chaman area is an inexcusable provocation. Twelve people, ten of them civilians, a soldier and an FC man lost their lives and 40 others lay wounded after Afghan forces opened fire on FC personnel accom
Published 09 May, 2017 12:00am
The Weather

The Weather

The weather report on Monday (May 08, 2017) and the forecast for Tuesday (May 09, 2017).

Published 09 May, 2017 12:00am
Energy crisis persists

Energy crisis persists

Contrary to statements by the Federal Minister for Water and Power Khawaja Asif on floor of the House on 19th April that the power crisis will see its end in the 'next eight to ten days' the power shortage, according to reports, has again soared at 7,000M
Published 09 May, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (May 08, 2017).

Published 09 May, 2017 12:00am
Sinclair to buy Tribune Media in $3.9 billion broadcast deal

Sinclair to buy Tribune Media in $3.9 billion broadcast deal

Sinclair Broadcast Group announced Monday a $3.9 billion deal to buy Tribune Media, in a major consolidation of local television operators in the United States. The deal gives Sinclair some 233 television stations in 108 markets, adding the 42 operated by
Published 09 May, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (May 08, 2017).

Published 09 May, 2017 12:00am
Sinclair to buy Tribune Media in $3.9 billion broadcast deal

Sinclair to buy Tribune Media in $3.9 billion broadcast deal

Sinclair Broadcast Group announced Monday a $3.9 billion deal to buy Tribune Media, in a major consolidation of local television operators in the United States. The deal gives Sinclair some 233 television stations in 108 markets, adding the 42 operated by
Published 09 May, 2017 12:00am
Sinclair to buy Tribune Media in $3.9 billion broadcast deal

Sinclair to buy Tribune Media in $3.9 billion broadcast deal

Sinclair Broadcast Group announced Monday a $3.9 billion deal to buy Tribune Media, in a major consolidation of local television operators in the United States. The deal gives Sinclair some 233 television stations in 108 markets, adding the 42 operated by
Published 09 May, 2017 12:00am
Sinclair to buy Tribune Media in $3.9 billion broadcast deal

Sinclair to buy Tribune Media in $3.9 billion broadcast deal

Sinclair Broadcast Group announced Monday a $3.9 billion deal to buy Tribune Media, in a major consolidation of local television operators in the United States. The deal gives Sinclair some 233 television stations in 108 markets, adding the 42 operated by
Published 09 May, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (May 08, 2017).

Published 09 May, 2017 12:00am
Previous Day